NASDAQ : FTLF

FitLife Brands, Inc. — Financial statements

Consumer Staples · Packaged Foods · United States

Last price 7.91 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 74.28M

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Financial statements

FitLife Brands, Inc. (FTLF) reported revenue of 101.27M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.

Income statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Revenue101.27M81.46M64.47M52.70M28.80M27.91M
Cost of Revenue63.22M48.96M36.39M30.95M16.77M15.41M
Gross Profit38.05M32.50M28.08M21.75M12.03M12.50M
Selling, General & Admin24.07M18.90M14.60M12.16M6.01M5.96M
Operating Expenses24.95M19.32M14.71M12.26M6.08M6.02M
Operating Income13.09M13.18M13.37M9.50M5.96M6.48M
Interest Expense-2.88M-1.86M-1.37M-1.02M
Interest & Investment Income98.00K98.00K69.00K289.00K121.00K25.00K
Currency Exchange Gain (Loss)-4.00K-19.00K50.00K189.00K
Other Non Operating Income (Expenses)-49.00K-49.00K
EBT Excluding Unusual Items10.26M11.35M12.13M8.95M6.08M6.51M
Merger & Restructuring Charges-2.09M-3.12M-255.00K-1.95M-257.00K-253.00K
Other Unusual Items453.00K
Pretax Income8.16M8.23M11.87M7.00M5.82M6.71M
Income Tax Expense1.93M1.90M2.89M1.71M1.39M1.30M
Net Income6.23M6.33M8.98M5.30M4.43M5.41M
Net Income to Common6.23M6.33M8.98M5.30M4.43M5.41M
Shares Outstanding (Basic)9.39M9.35M9.20M8.98M9.11M8.81M
Shares Outstanding (Diluted)9.98M9.98M9.90M9.81M9.95M9.60M
EPS (Basic)0.660.680.980.590.490.61
EPS (Diluted)0.620.630.910.540.450.56
Free Cash Flow10.02M7.40M9.60M-14.67M4.13M4.48M
Free Cash Flow Per Share1.000.740.97-1.500.410.47
Gross Margin37.57%39.90%43.56%41.28%41.78%44.80%
Operating Margin12.93%16.18%20.75%18.03%20.69%23.23%
Profit Margin6.15%7.77%13.94%10.05%15.38%19.38%
Free Cash Flow Margin9.90%9.08%14.89%-27.84%14.34%16.05%
EBITDA13.98M13.60M13.48M9.59M6.02M6.54M
EBITDA Margin13.81%16.70%20.91%18.20%20.91%23.44%
D&A For EBITDA887.00K420.00K108.00K94.00K66.00K59.00K
EBIT13.09M13.18M13.37M9.50M5.96M6.48M
EBIT Margin12.93%16.18%20.75%18.03%20.69%23.23%
Effective Tax Rate23.67%23.13%24.32%24.38%23.93%19.35%

Balance sheet

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Cash & Equivalents1.09M1.65M4.47M1.14M13.28M9.90M
Cash & Short-Term Investments1.09M1.65M4.47M1.14M13.28M9.90M
Accounts Receivable6.98M8.77M1.63M2.05M705.00K945.00K
Other Receivables1.02M
Receivables6.98M8.77M1.63M3.06M705.00K945.00K
Inventory21.07M21.32M11.07M9.09M9.11M6.52M
Prepaid Expenses1.41M1.33M923.00K639.00K116.00K322.00K
Restricted Cash52.00K759.00K
Total Current Assets30.55M33.07M18.14M14.69M23.20M17.68M
Property, Plant & Equipment559.00K810.00K487.00K258.00K149.00K228.00K
Goodwill19.33M19.39M13.02M13.29M358.00K358.00K
Other Intangible Assets50.95M51.44M26.23M26.31M150.00K192.00K
Long-Term Deferred Tax Assets900.00K1.52M644.00K792.00K1.85M3.04M
Other Long-Term Assets88.00K83.00K
Total Assets102.59M106.32M58.53M55.35M25.71M21.51M
Accounts Payable6.61M6.91M4.07M3.26M3.00M2.88M
Accrued Expenses5.34M5.43M684.00K1.03M444.00K491.00K
Current Portion of Long-Term Debt6.09M6.09M4.50M4.50M
Current Portion of Leases252.00K433.00K81.00K87.00K54.00K55.00K
Current Income Taxes Payable1.64M1.70M1.42M892.00K187.00K
Other Current Liabilities974.00K1.04M564.00K571.00K590.00K632.00K
Total Current Liabilities20.91M21.61M11.31M10.34M4.27M4.06M
Long-Term Debt31.82M38.48M8.55M15.51M
Long-Term Leases243.00K272.00K331.00K51.00K49.00K103.00K
Long-Term Deferred Tax Liabilities2.24M2.32M2.21M2.41M
Total Liabilities55.22M62.68M22.41M28.31M4.32M4.16M
Common Stock94.00K94.00K92.00K92.00K45.00K46.00K
Additional Paid-In Capital32.29M32.21M31.13M30.65M30.06M32.53M
Retained Earnings15.56M11.89M5.57M-3.42M-8.71M-13.14M
Treasury Stock-2.09M
Comprehensive Income & Other-571.00K-561.00K-662.00K-292.00K
Shareholders' Equity47.37M43.64M36.13M27.04M21.39M17.35M
Total Liabilities & Equity102.59M106.32M58.53M55.35M25.71M21.51M
Total Debt38.41M45.27M13.46M20.15M103.00K158.00K
Net Cash (Debt)-37.32M-43.63M-8.99M-19.01M13.17M9.74M
Net Cash Per Share-3.74-4.37-0.91-1.941.321.01
Filing Date Shares Outstanding9.39M9.39M9.22M9.20M8.89M9.11M
Total Common Shares Outstanding9.39M9.39M9.21M9.20M9.01M9.10M
Working Capital9.64M11.46M6.83M4.36M18.93M13.63M
Book Value Per Share5.044.653.922.942.371.91
Tangible Book Value-22.91M-27.19M-3.13M-12.57M20.88M16.80M
Tangible Book Value Per Share-2.44-2.90-0.34-1.372.321.84
Machinery869.00K869.00K964.00K951.00K902.00K902.00K

Cash flow statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Net Income6.23M6.33M8.98M5.30M4.43M5.41M
Depreciation & Amortization887.00K420.00K108.00K94.00K66.00K109.00K
Other Amortization85.00K89.00K41.00K15.00K
Stock-Based Compensation273.00K404.00K459.00K473.00K363.00K452.00K
Provision & Write-off of Bad Debts38.00K-32.00K24.00K-33.00K-6.00K4.00K
Other Operating Activities1.06M1.19M-62.00K378.00K51.00K-453.00K
Change in Accounts Receivable2.74M210.00K361.00K-882.00K247.00K974.00K
Change in Inventory419.00K-582.00K-2.11M1.03M-2.64M-2.94M
Change in Accounts Payable-373.00K743.00K866.00K-2.68M115.00K-366.00K
Change in Income Taxes-88.00K-54.00K634.00K-356.00K184.00K40.00K
Change in Other Net Operating Assets-1.16M-396.00K156.00K-69.00K118.00K-39.00K
Operating Cash Flow10.04M7.44M9.61M4.22M4.13M4.48M
Capital Expenditures-13.00K-42.00K-10.00K-18.89M
Cash Acquisitions-42.50M-42.50M-17.10M-529.00K
Investing Cash Flow-37.51M-42.54M-10.00K-35.99M-529.00K
Long-Term Debt Issued46.05M22.50M
Total Debt Issued51.45M46.05M22.50M
Long-Term Debt Repaid-14.65M-7.00M-2.38M
Total Debt Repaid-24.45M-14.65M-7.00M-2.38M
Net Debt Issued (Repaid)27.01M31.40M-7.00M20.12M
Issuance of Common Stock682.00K17.00K171.00K29.00K54.00K
Repurchase of Common Stock-779.00K-444.00K
Financing Cash Flow27.01M32.09M-6.98M20.30M-750.00K-390.00K
Foreign Exchange Rate Adjustments-25.00K143.00K5.00K98.00K
Net Cash Flow-496.00K-2.87M2.62M-11.38M3.38M3.56M
Free Cash Flow10.02M7.40M9.60M-14.67M4.13M4.48M
Free Cash Flow Margin9.90%9.08%14.89%-27.84%14.34%16.05%
Free Cash Flow Per Share1.000.740.97-1.500.410.47
Levered Free Cash Flow4.97M-1.45M8.96M-15.11M2.23M2.16M
Unlevered Free Cash Flow6.69M-374.25K9.77M-14.48M2.23M2.16M
Cash Interest Paid2.68M1.75M1.36M777.00K
Cash Income Tax Paid1.71M2.36M2.50M698.00K3.00K-42.00K
Change in Working Capital1.46M-960.00K56.00K-2.00M-773.00K-1.04M

Ratios

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Market Capitalization73.63M152.79M149.90M87.66M72.48M72.05M
Enterprise Value110.95M196.55M159.84M91.72M57.66M63.60M
Last Close Price7.8416.2716.309.557.978.00
PE Ratio12.6424.1516.6916.5516.3613.32
Forward PE7.1910.5015.239.779.779.77
PS Ratio0.731.882.331.662.522.58
PB Ratio1.553.504.153.243.394.15
P/TBV Ratio3.474.29
P/FCF Ratio7.3520.6615.6217.5516.08
P/OCF Ratio7.3420.5415.6020.7717.5516.08
EV/Sales Ratio1.102.412.481.742.002.28
EV/EBITDA Ratio7.9414.4511.869.569.579.72
EV/EBIT Ratio8.4714.9111.959.659.689.81
EV/FCF Ratio11.0726.5716.6513.9614.20
Debt / Equity Ratio0.811.040.370.740.010.01
Debt / EBITDA Ratio2.753.331.002.080.020.02
Debt / FCF Ratio3.836.121.400.030.04
Net Debt / Equity Ratio0.791.000.250.70-0.62-0.56
Net Debt / EBITDA Ratio2.673.210.671.98-2.19-1.49
Net Debt / FCF Ratio3.725.900.94-1.29-3.19-2.17
Asset Turnover1.220.991.131.301.221.46
Inventory Turnover3.863.023.613.402.153.07
Quick Ratio0.390.480.540.413.272.67
Current Ratio1.461.531.601.425.434.36
Return on Equity (ROE)14.11%15.86%28.45%21.87%22.87%37.03%
Return on Assets (ROA)9.89%9.99%14.68%14.65%15.77%21.25%
Return on Invested Capital (ROIC)11.68%15.31%22.20%26.48%57.30%75.74%
Return on Capital Employed (ROCE)16.00%15.60%28.30%21.10%27.80%37.20%
Earnings Yield7.91%4.14%5.99%6.04%6.11%7.51%
FCF Yield13.61%4.84%6.40%-16.74%5.70%6.22%
Buyback Yield / Dilution-0.41%-0.80%-0.90%1.41%-3.62%-5.54%