Welcome to our dedicated page for Fitlife Brands news (Ticker: FTLF), a resource for investors and traders seeking the latest updates and insights on Fitlife Brands stock.
Overview
FitLife Brands Inc (FTLF) is a dynamic developer and marketer of innovative nutritional supplements and wellness products. The company specializes in proprietary nutritional formulations aimed at empowering health-conscious consumers with advanced solutions in sports nutrition, weight loss, performance enhancement, and overall well-being. By leveraging cutting-edge research and a commitment to next-generation product development, FitLife has positioned itself as a significant player in the highly competitive functional foods and nutritional supplements market.
Core Business Areas
At its core, FitLife Brands is dedicated to enhancing consumers' lives through high-quality, efficacious nutritional products. The company operates across multiple sectors, including:
- Sports Nutrition: Offering supplements that support performance and recovery.
- Weight Loss and Meal Replacements: Products designed to aid in effective weight management and nutritional balance.
- Energy and Wellness: Formulations focused on sustaining energy levels and promoting general health.
- Natural & Organic Personal Care: Expanding beyond nutritional supplements into functional foods and personal care products with a natural and organic focus.
Innovation and Research
FitLife Brands places a strong emphasis on innovation. Rather than merely reacting to market shifts, the company invests heavily in staying ahead of nutritional trends and breakthrough research. This proactive approach allows it to design proprietary formulations that combine scientific insights with consumer needs, making its products highly relevant in an ever-evolving market. The company's commitment to tracking leading research and anticipating industry advancements is central to its success.
Distribution and Market Reach
The company generates revenue primarily through the sale of its innovative products. Its diverse distribution network includes a robust online presence, direct-to-consumer sales, and partnerships with key domestic and international retail channels. With its products available at numerous well-known retail outlets alongside digital platforms, FitLife Brands ensures accessibility and convenience for a wide range of customers.
Competitive Position and Expertise
FitLife Brands distinguishes itself from competitors by emphasizing proprietary product development and a deep commitment to innovation. The company’s strategic focus on integrating advanced research with consumer wellness needs enables it to consistently offer products that address the evolving demands of health-conscious individuals. This balanced approach to quality, research, and targeted marketing reinforces FitLife's authoritative presence in the nutritional supplements industry.
Commitment to Quality and Consumer Health
With a portfolio encompassing over 250 products under various brand names, FitLife Brands not only meets but anticipates the needs of its diverse customer base. Its products are designed for consumers at different stages of life and are geared towards facilitating healthier lifestyles, be it through enhanced performance, effective weight management, or comprehensive nutritional support. The company’s detailed understanding of market dynamics and its continuous commitment to innovation further solidify its role as an expert in functional and nutritional sciences.
Conclusion
In summary, FitLife Brands Inc is an innovative force in the nutritional supplements sector, combining advanced research, broad product categories, and an expansive distribution network to serve a global customer base. Its meticulous approach to product development and consumer wellness ensures that the brand remains both relevant and resilient in a competitive market landscape.
FitLife Brands (FTLF) reported strong financial results for Q4 and full-year 2024. Q4 revenue reached $15.0 million, up 13% year-over-year, with online sales accounting for 67% at $10.1 million. Net income grew to $2.1 million with EPS of $0.23 basic and $0.21 diluted.
Full-year 2024 highlights include: revenue of $64.5 million (+22% YoY), online sales of $43.0 million (+29% YoY), net income of $9.0 million (+70% YoY), and Adjusted EBITDA of $14.1 million (+39% YoY). Gross margin improved to 43.6% from 40.7% in 2023.
The company ended 2024 with $13.1 million in term loans and $4.5 million in cash, resulting in net debt of $8.6 million. A commercial dispute with GNC was resolved in January 2025. New tariffs on Chinese imports implemented in early 2025 are expected to impact future costs.
FitLife Brands (FTLF), a nutritional supplements and wellness products provider, has announced its participation in the 37th Annual Roth Conference on March 17-18, 2025. The company provided a financial update ahead of the conference, revealing strong performance metrics for 2024:
- Anticipated net revenue of $64-65 million, up 21-23% from 2023
- Expected Adjusted EBITDA of $14.0-14.2 million, increasing 38-40% year-over-year
- Projected net income of $8.9-9.1 million, growing 68-72% compared to 2023
As of December 31, 2024, FitLife reported $4.5 million in cash, $13.1 million outstanding on its term loan, and no balance on its revolver. The company's shares outstanding totaled 9,218,528 as of March 12, 2025.
FitLife Brands (Nasdaq: FTLF), a provider of nutritional supplements and wellness products, has scheduled its Q4 and full-year 2024 financial results announcement for March 27, 2025. The company will host an investor conference call at 4:30 pm ET on the same day.
U.S. investors can participate in the live call by dialing (833) 492-0064, while international participants can dial (973) 528-0163. Both should use the conference identification code 133626.
FitLife Brands (Nasdaq: FTLF), a nutritional supplements and wellness products provider, announced a 2-for-1 forward stock split effective February 7, 2025. The company's outstanding shares will increase from 4,605,108 to 9,210,216, while maintaining stockholders' percentage ownership and voting power unchanged.
The split aims to boost daily trading volumes and make the stock more accessible to a broader investor base. In conjunction with this corporate action, the company's CUSIP number will change to 33817P405. Additional details are available in the Form 8-K filed with the SEC on February 5, 2025.
FitLife Brands (Nasdaq: FTLF) has addressed investor inquiries regarding its recent shelf registration statement filing with the SEC on November 14th, 2024. The filing would allow both the Company and its largest shareholder, Sudbury Capital Fund, to sell stock in registered offerings. During the earnings call, CEO Dayton Judd emphasized that nearly 50% of eligible exchange-traded companies maintain effective shelf registrations for flexibility in capital raising. He assured investors that the Company has no current plans to sell equity and highlighted their track record of avoiding shareholder dilution, stating that the likelihood of needing to raise equity is 'very slim.'
FitLife Brands (NASDAQ: FTLF) reported strong Q3 2024 financial results with total revenue reaching $16.0 million, up 15% year-over-year. Online sales grew 14% to $10.8 million, representing 68% of total revenue. The company achieved improved profitability with gross margin increasing to 43.8% from 41.0% in Q3 2023. Net income rose to $2.1 million ($0.46 per basic share) compared to $1.7 million in Q3 2023. Adjusted EBITDA showed significant growth of 41% to $3.6 million. The company maintained a strong balance sheet with $4.7 million in cash and $14.3 million in term loans outstanding.
FitLife Brands (Nasdaq: FTLF), a provider of nutritional supplements and wellness products, has scheduled its third quarter fiscal 2024 earnings report for Thursday, November 14, 2024. The company will host an investor conference call at 4:30 pm ET on the same day. U.S. investors can participate by dialing (833) 492-0064, while international participants can dial (973) 528-0163, using the conference code 683771.
FitLife Brands (NASDAQ: FTLF) reported strong Q2 2024 results with total revenue up 15% to $16.9 million. Online sales grew 13% to $11.2 million, representing 66% of total revenue. Gross margin improved to 44.8% from 40.4% in Q2 2023. Net income increased to $2.6 million, with basic EPS of $0.57 and diluted EPS of $0.53. Adjusted EBITDA rose 29% to $3.8 million.
The company's recent acquisitions of Mimi's Rock Corp and MusclePharm assets contributed $1.5 million in wholesale revenue. Legacy FitLife brands faced challenges in wholesale but saw growth online. The Mimi's Rock brands showed significant improvement in profitability despite lower revenue. MusclePharm revenue grew 27% sequentially from Q1 2024.
FitLife ended the quarter with $11.7 million in net debt, representing about 0.9x adjusted EBITDA. The company is building cash while evaluating M&A opportunities.
FitLife Brands (Nasdaq: FTLF), a provider of innovative nutritional supplements and wellness products, has announced its plans to report financial performance for the second quarter of fiscal 2024 on Wednesday, August 14, 2024. The company will also host an investor conference call after market close on the same day at 4:30 pm ET.
Investors interested in participating in the live call can dial (833) 492-0064 from the U.S. and provide the conference identification code of 266347. International participants can dial (973) 528-0163 using the same code. This announcement provides shareholders and potential investors with an opportunity to gain insights into FitLife Brands' recent financial performance and future outlook.
FitLife Brands (NASDAQ: FTLF), a leading provider of nutritional supplements, announced that Lew Jaffe, a longtime director, will retire and not stand for re-election at the 2024 annual meeting. Jaffe has served since 2010, contributing significantly to the company's strategy and operations. FitLife plans to nominate a new director in its proxy statement, expected to be filed with the SEC on July 5, 2024. Chairman and CEO Dayton Judd praised Jaffe's impact and expressed gratitude for his service. Jaffe affirmed his decision was based on the need for fresh perspectives and not due to any disagreements with the company. The Board plans to continue evaluating its composition and foresees more changes in the coming years.
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