13 Nov ForeverGreen Worldwide Corporation Added to MWCN Utah List of Fastest Growing Companies
The company places in the top 50.
ForeverGreen Worldwide Corporation (OTCBB: FVRG), a leading direct marketing company and provider of health-centered products, today announced it has earned a place at number 41 on the MountainWest Capital Network (MWCN) annual list of 100 fastest growing companies in Utah.
The list of rankings was revealed November 3rd at the 21st annual MWCN Utah 100 Awards Program. The list of Utah 100 is determined by the percentage of revenue increase of each company between 2010 and 2014. ForeverGreen beat out various companies to make it in the top 100 as there were a record number of nominations this year to vie for a place on the list.
In 2013, ForeverGreen ended the year with revenue of $17.8 million. In 2014, the company ended the year with revenue of $58.3 million. The company estimates revenue for 2015 will be $74-$76 million. The company’s impressive growth is anticipated to continue into the 2016 fiscal year.
MountainWest Capital Network is Utah’s first and largest business networking organization devoted to supporting entrepreneurial success, and dedicated to the flow of financial, entrepreneurial and intellectual capital.
For more information, visit http://www.mwcn.org.
For more information on ForeverGreen’s products, visit http://www.forevergreen.org.
ForeverGreen Worldwide Corporation develops, manufactures and distributes an expansive line of all natural whole foods and products to North America, Australia, Europe, Asia, Africa and South America, including their new global offerings, PowerStrips, SolarStrips and BeautyStrips. They also offer their new North America weight-management line Ketopia, along with Azul and FrequenSea, whole-food beverages with industry exclusive marine phytoplankton, a line of hemp-based whole-food products, immune support and weight management products, Pulse-8 powdered L-arginine formula, 24Karat Chocolate.
This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are “forward-looking statements” and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The company’s actual results could differ materially from expected results.
ForeverGreen Worldwide Corporation
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