Name | Value |
---|---|
Revenues | 349.0M |
Cost of Revenue | 102.6M |
Gross Profit | 246.4M |
Operating Expense | 192.9M |
Operating I/L | 53.5M |
Other Income/Expense | -0.2M |
Interest Income | 0.2M |
Pretax | 53.3M |
Income Tax Expense | 13.4M |
Net Income/Loss | 40.0M |
Medifast, Inc. and its subsidiaries specialize in manufacturing and distributing weight loss, weight management, healthy living, and nutritional products in the United States and the Asia-Pacific. The company offers a wide range of consumable health and nutritional products under the OPTAVIA, Optimal Health by Take Shape for Life, and Flavors of Home brands. These products include bars, bites, pretzels, puffs, cereal crunch, drinks, oatmeal, pancakes, pudding, shakes, smoothies, and soups. Medifast, Inc. primarily generates revenue through point-of-sale transactions over its ecommerce platform.