Research from Water Tower Research, Water Tower Research

Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Research from Water Tower Research

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Equity Bottom-Up

<ul><li>LFVN pre-announced that its 2QFY25 revenue was ~$67.5 million, up 31%, and much higher than our $51.9 million estimate and consensus of $51.5 million.</li><li>The company also raised its FY25 sales outlook to a range of $235-245 million from $200-210 million.</li><li>Our estimate was $204.8 million, with consensus at $204.3 million. LFVN’s new sales range implies full-year sales growth of 17.4-22.4%.</li></ul>

LFVN pre-announced that its 2QFY25 revenue was ~$67.5 million, up 31%, and much higher than our $51.9 million estimate and consensus of $51.5 million.The company also raised its FY25 sales outlook to a range of $235-245 million from $200-210 million.Our estimate was $204.8 million, with consensus at $204.3 million. LFVN’s new sales range implies full-year sales growth of 17.4-22.4%.

LifeVantage Corporation: 2QFY25 Sales Upside Pre-Announced; Raising Estimates

Lifevantage

LifeVantage Corporation: 2QFY25 Sales Upside Pre-Announced; Raising Estimates