MOUNT PLEASANT, Utah, Feb. 3, 2015 (GLOBE NEWSWIRE) -- Green PolkaDot Box Incorporated (OTC:GPDB) reported today that sales this past January were sharply higher, approximately $370,000 for the month, a 109% increase from December 2014. The Company also reports record gains in gross margin, average revenue per order and customer growth. These increases resulted from rising inventory levels, Appethyl® sales and GPDB's Health Merchant program.
Increased January sales helped GPDB achieve positive monthly cash flow and earnings for the first time in its 3-year operating history. Gross margin on sales were a record high at more than 50%, yielding EBITDA of approximately $87,212 or 23.5%. Average revenue per general goods order increased from approximately $71 to $93 or 31%!
"Achieving full inventory, with the help of our investment partners, has a lot to do with our success this month. January results are a harbinger of what is expected for the full year," says GPDB CEO, Rod Smith. "We anticipate Appethyl® will become a household name. It has proven to reduce appetite and cravings for sweets and produce significant weight loss".
GPDB also added 1,548 new customers in January, an increase of 39% over December's total. (These figures do not include the 1,795 orders which GPDB received from Amazon.com during January.)
Mr. Smith also commented on the new Health Merchant Program; how GPDB has developed additional customer growth and the higher sales. "A single Health Merchant may have the ability to refer hundreds, if not thousands, of new customers due to their direct influence over health-minded consumers within their reach. In January, one Health Merchant referred over 700 new customers to GPDB".
GPDB has registered 108 Health Merchants at an enrollment fee of $1,995, plus a monthly fee of $100. Health Merchant stores are scheduled for activation with a national launch in late February. Watch our video on the Health Merchant Program.
Green PolkaDot Box America's premier online membership club for organic and non-GMO natural foods at wholesale pricing. GPDB is the only major online store that refuses to carry products or ingredients containing GMO. GPDB leverages proprietary technology with its dynamic, interactive website and member relationship management software to provide a unique shopping and membership experience. GPDB plans to grow membership with families looking for natural non-GMO products and organic choices for up to a 60% discount off retail prices. Visit: www.greenpolkadotbox.com.
Safe Harbor Statement
This release includes forward-looking statements. These forward-looking statements generally can be identified by phrases such as GPDB or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates," "Plans" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.