| Schedule of Segment Information |
The Company’s segment information is as follows:
| |
|
Fiscal Year Ended April 30, |
|
| |
|
2020 |
|
|
2019 |
|
| Net sales |
|
|
|
|
|
|
|
|
| Health and wellness products |
|
$ |
129,024,888 |
|
|
$ |
83,483,841 |
|
| Other |
|
|
2,365,018 |
|
|
|
2,439,380 |
|
| Total net sales |
|
$ |
131,389,906 |
|
|
$ |
85,923,221 |
|
| Operating earnings (loss): |
|
|
|
|
|
|
|
|
| Segment gross profit: |
|
|
|
|
|
|
|
|
| Health and wellness products |
|
$ |
91,831,033 |
|
|
$ |
55,477,170 |
|
| Other |
|
|
1,683,257 |
|
|
|
1,649,115 |
|
| Total segment gross profit |
|
|
93,514,290 |
|
|
|
57,126,285 |
|
| Selling and marketing expenses |
|
|
60,814,242 |
|
|
|
43,956,495 |
|
| General and administrative expenses |
|
|
23,004,747 |
|
|
|
14,269,984 |
|
| Consolidated operating earnings (loss) |
|
$ |
9,695,301 |
|
|
$ |
(1,100,194 |
) |
| Total Assets: |
|
|
|
|
|
|
|
|
| Health and wellness |
|
$ |
23,347,464 |
|
|
$ |
14,442,146 |
|
| Corporate |
|
|
1,229,894 |
|
|
|
1,561,877 |
|
| Consolidated total assets |
|
$ |
24,577,358 |
|
|
$ |
16,004,023 |
|
| Payments for property and equipment: |
|
|
|
|
|
|
|
|
| Health and wellness |
|
$ |
152,814 |
|
|
$ |
281,535 |
|
| Corporate |
|
|
8,043 |
|
|
|
14,818 |
|
| Consolidated payments for property and equipment |
|
$ |
160,857 |
|
|
$ |
296,353 |
|
| Depreciation and amortization: |
|
|
|
|
|
|
|
|
| Health and wellness |
|
$ |
122,417 |
|
|
$ |
74,732 |
|
| Corporate |
|
|
6,443 |
|
|
|
8,303 |
|
| Consolidated depreciation and amortization |
|
$ |
128,860 |
|
|
$ |
83,035 |
|
|