First Quarter Financial Update

We are pleased to announce our Key Performance Highlights for the first quarter of 2017. (Please note that these are based upon internally prepared financials and subject to adjustment at year end upon independent audit by Moss Adams) KEY HIGHLIGHTS: Total revenue of $1.9 million, +13% to budget and +31% versus Q1 2016 Added 7.7k new customers and repeat rates per customer were 20% higher than prior year HYLETE.com revenue +41% over Q1 2016 with improvements in both conversion and AOV Gross profit margin percentage on target and 280bps higher than Q1 2016 Operating expenses under budget and EBITDA...

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