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
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
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.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 101.27M | 81.46M | 64.47M | 52.70M | 28.80M | 27.91M |
| Cost of Revenue | 63.22M | 48.96M | 36.39M | 30.95M | 16.77M | 15.41M |
| Gross Profit | 38.05M | 32.50M | 28.08M | 21.75M | 12.03M | 12.50M |
| Selling, General & Admin | 24.07M | 18.90M | 14.60M | 12.16M | 6.01M | 5.96M |
| Operating Expenses | 24.95M | 19.32M | 14.71M | 12.26M | 6.08M | 6.02M |
| Operating Income | 13.09M | 13.18M | 13.37M | 9.50M | 5.96M | 6.48M |
| Interest Expense | -2.88M | -1.86M | -1.37M | -1.02M | ||
| Interest & Investment Income | 98.00K | 98.00K | 69.00K | 289.00K | 121.00K | 25.00K |
| Currency Exchange Gain (Loss) | -4.00K | -19.00K | 50.00K | 189.00K | ||
| Other Non Operating Income (Expenses) | -49.00K | -49.00K | ||||
| EBT Excluding Unusual Items | 10.26M | 11.35M | 12.13M | 8.95M | 6.08M | 6.51M |
| Merger & Restructuring Charges | -2.09M | -3.12M | -255.00K | -1.95M | -257.00K | -253.00K |
| Other Unusual Items | 453.00K | |||||
| Pretax Income | 8.16M | 8.23M | 11.87M | 7.00M | 5.82M | 6.71M |
| Income Tax Expense | 1.93M | 1.90M | 2.89M | 1.71M | 1.39M | 1.30M |
| Net Income | 6.23M | 6.33M | 8.98M | 5.30M | 4.43M | 5.41M |
| Net Income to Common | 6.23M | 6.33M | 8.98M | 5.30M | 4.43M | 5.41M |
| Shares Outstanding (Basic) | 9.39M | 9.35M | 9.20M | 8.98M | 9.11M | 8.81M |
| Shares Outstanding (Diluted) | 9.98M | 9.98M | 9.90M | 9.81M | 9.95M | 9.60M |
| EPS (Basic) | 0.66 | 0.68 | 0.98 | 0.59 | 0.49 | 0.61 |
| EPS (Diluted) | 0.62 | 0.63 | 0.91 | 0.54 | 0.45 | 0.56 |
| Free Cash Flow | 10.02M | 7.40M | 9.60M | -14.67M | 4.13M | 4.48M |
| Free Cash Flow Per Share | 1.00 | 0.74 | 0.97 | -1.50 | 0.41 | 0.47 |
| Gross Margin | 37.57% | 39.90% | 43.56% | 41.28% | 41.78% | 44.80% |
| Operating Margin | 12.93% | 16.18% | 20.75% | 18.03% | 20.69% | 23.23% |
| Profit Margin | 6.15% | 7.77% | 13.94% | 10.05% | 15.38% | 19.38% |
| Free Cash Flow Margin | 9.90% | 9.08% | 14.89% | -27.84% | 14.34% | 16.05% |
| EBITDA | 13.98M | 13.60M | 13.48M | 9.59M | 6.02M | 6.54M |
| EBITDA Margin | 13.81% | 16.70% | 20.91% | 18.20% | 20.91% | 23.44% |
| D&A For EBITDA | 887.00K | 420.00K | 108.00K | 94.00K | 66.00K | 59.00K |
| EBIT | 13.09M | 13.18M | 13.37M | 9.50M | 5.96M | 6.48M |
| EBIT Margin | 12.93% | 16.18% | 20.75% | 18.03% | 20.69% | 23.23% |
| Effective Tax Rate | 23.67% | 23.13% | 24.32% | 24.38% | 23.93% | 19.35% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.09M | 1.65M | 4.47M | 1.14M | 13.28M | 9.90M |
| Cash & Short-Term Investments | 1.09M | 1.65M | 4.47M | 1.14M | 13.28M | 9.90M |
| Accounts Receivable | 6.98M | 8.77M | 1.63M | 2.05M | 705.00K | 945.00K |
| Other Receivables | 1.02M | |||||
| Receivables | 6.98M | 8.77M | 1.63M | 3.06M | 705.00K | 945.00K |
| Inventory | 21.07M | 21.32M | 11.07M | 9.09M | 9.11M | 6.52M |
| Prepaid Expenses | 1.41M | 1.33M | 923.00K | 639.00K | 116.00K | 322.00K |
| Restricted Cash | 52.00K | 759.00K | ||||
| Total Current Assets | 30.55M | 33.07M | 18.14M | 14.69M | 23.20M | 17.68M |
| Property, Plant & Equipment | 559.00K | 810.00K | 487.00K | 258.00K | 149.00K | 228.00K |
| Goodwill | 19.33M | 19.39M | 13.02M | 13.29M | 358.00K | 358.00K |
| Other Intangible Assets | 50.95M | 51.44M | 26.23M | 26.31M | 150.00K | 192.00K |
| Long-Term Deferred Tax Assets | 900.00K | 1.52M | 644.00K | 792.00K | 1.85M | 3.04M |
| Other Long-Term Assets | 88.00K | 83.00K | ||||
| Total Assets | 102.59M | 106.32M | 58.53M | 55.35M | 25.71M | 21.51M |
| Accounts Payable | 6.61M | 6.91M | 4.07M | 3.26M | 3.00M | 2.88M |
| Accrued Expenses | 5.34M | 5.43M | 684.00K | 1.03M | 444.00K | 491.00K |
| Current Portion of Long-Term Debt | 6.09M | 6.09M | 4.50M | 4.50M | ||
| Current Portion of Leases | 252.00K | 433.00K | 81.00K | 87.00K | 54.00K | 55.00K |
| Current Income Taxes Payable | 1.64M | 1.70M | 1.42M | 892.00K | 187.00K | |
| Other Current Liabilities | 974.00K | 1.04M | 564.00K | 571.00K | 590.00K | 632.00K |
| Total Current Liabilities | 20.91M | 21.61M | 11.31M | 10.34M | 4.27M | 4.06M |
| Long-Term Debt | 31.82M | 38.48M | 8.55M | 15.51M | ||
| Long-Term Leases | 243.00K | 272.00K | 331.00K | 51.00K | 49.00K | 103.00K |
| Long-Term Deferred Tax Liabilities | 2.24M | 2.32M | 2.21M | 2.41M | ||
| Total Liabilities | 55.22M | 62.68M | 22.41M | 28.31M | 4.32M | 4.16M |
| Common Stock | 94.00K | 94.00K | 92.00K | 92.00K | 45.00K | 46.00K |
| Additional Paid-In Capital | 32.29M | 32.21M | 31.13M | 30.65M | 30.06M | 32.53M |
| Retained Earnings | 15.56M | 11.89M | 5.57M | -3.42M | -8.71M | -13.14M |
| Treasury Stock | -2.09M | |||||
| Comprehensive Income & Other | -571.00K | -561.00K | -662.00K | -292.00K | ||
| Shareholders' Equity | 47.37M | 43.64M | 36.13M | 27.04M | 21.39M | 17.35M |
| Total Liabilities & Equity | 102.59M | 106.32M | 58.53M | 55.35M | 25.71M | 21.51M |
| Total Debt | 38.41M | 45.27M | 13.46M | 20.15M | 103.00K | 158.00K |
| Net Cash (Debt) | -37.32M | -43.63M | -8.99M | -19.01M | 13.17M | 9.74M |
| Net Cash Per Share | -3.74 | -4.37 | -0.91 | -1.94 | 1.32 | 1.01 |
| Filing Date Shares Outstanding | 9.39M | 9.39M | 9.22M | 9.20M | 8.89M | 9.11M |
| Total Common Shares Outstanding | 9.39M | 9.39M | 9.21M | 9.20M | 9.01M | 9.10M |
| Working Capital | 9.64M | 11.46M | 6.83M | 4.36M | 18.93M | 13.63M |
| Book Value Per Share | 5.04 | 4.65 | 3.92 | 2.94 | 2.37 | 1.91 |
| Tangible Book Value | -22.91M | -27.19M | -3.13M | -12.57M | 20.88M | 16.80M |
| Tangible Book Value Per Share | -2.44 | -2.90 | -0.34 | -1.37 | 2.32 | 1.84 |
| Machinery | 869.00K | 869.00K | 964.00K | 951.00K | 902.00K | 902.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 6.23M | 6.33M | 8.98M | 5.30M | 4.43M | 5.41M |
| Depreciation & Amortization | 887.00K | 420.00K | 108.00K | 94.00K | 66.00K | 109.00K |
| Other Amortization | 85.00K | 89.00K | 41.00K | 15.00K | ||
| Stock-Based Compensation | 273.00K | 404.00K | 459.00K | 473.00K | 363.00K | 452.00K |
| Provision & Write-off of Bad Debts | 38.00K | -32.00K | 24.00K | -33.00K | -6.00K | 4.00K |
| Other Operating Activities | 1.06M | 1.19M | -62.00K | 378.00K | 51.00K | -453.00K |
| Change in Accounts Receivable | 2.74M | 210.00K | 361.00K | -882.00K | 247.00K | 974.00K |
| Change in Inventory | 419.00K | -582.00K | -2.11M | 1.03M | -2.64M | -2.94M |
| Change in Accounts Payable | -373.00K | 743.00K | 866.00K | -2.68M | 115.00K | -366.00K |
| Change in Income Taxes | -88.00K | -54.00K | 634.00K | -356.00K | 184.00K | 40.00K |
| Change in Other Net Operating Assets | -1.16M | -396.00K | 156.00K | -69.00K | 118.00K | -39.00K |
| Operating Cash Flow | 10.04M | 7.44M | 9.61M | 4.22M | 4.13M | 4.48M |
| 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 Issued | 46.05M | 22.50M | ||||
| Total Debt Issued | 51.45M | 46.05M | 22.50M | |||
| 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) | 27.01M | 31.40M | -7.00M | 20.12M | ||
| Issuance of Common Stock | 682.00K | 17.00K | 171.00K | 29.00K | 54.00K | |
| Repurchase of Common Stock | -779.00K | -444.00K | ||||
| Financing Cash Flow | 27.01M | 32.09M | -6.98M | 20.30M | -750.00K | -390.00K |
| Foreign Exchange Rate Adjustments | -25.00K | 143.00K | 5.00K | 98.00K | ||
| Net Cash Flow | -496.00K | -2.87M | 2.62M | -11.38M | 3.38M | 3.56M |
| Free Cash Flow | 10.02M | 7.40M | 9.60M | -14.67M | 4.13M | 4.48M |
| Free Cash Flow Margin | 9.90% | 9.08% | 14.89% | -27.84% | 14.34% | 16.05% |
| Free Cash Flow Per Share | 1.00 | 0.74 | 0.97 | -1.50 | 0.41 | 0.47 |
| Levered Free Cash Flow | 4.97M | -1.45M | 8.96M | -15.11M | 2.23M | 2.16M |
| Unlevered Free Cash Flow | 6.69M | -374.25K | 9.77M | -14.48M | 2.23M | 2.16M |
| Cash Interest Paid | 2.68M | 1.75M | 1.36M | 777.00K | ||
| Cash Income Tax Paid | 1.71M | 2.36M | 2.50M | 698.00K | 3.00K | -42.00K |
| Change in Working Capital | 1.46M | -960.00K | 56.00K | -2.00M | -773.00K | -1.04M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 73.63M | 152.79M | 149.90M | 87.66M | 72.48M | 72.05M |
| Enterprise Value | 110.95M | 196.55M | 159.84M | 91.72M | 57.66M | 63.60M |
| Last Close Price | 7.84 | 16.27 | 16.30 | 9.55 | 7.97 | 8.00 |
| PE Ratio | 12.64 | 24.15 | 16.69 | 16.55 | 16.36 | 13.32 |
| Forward PE | 7.19 | 10.50 | 15.23 | 9.77 | 9.77 | 9.77 |
| PS Ratio | 0.73 | 1.88 | 2.33 | 1.66 | 2.52 | 2.58 |
| PB Ratio | 1.55 | 3.50 | 4.15 | 3.24 | 3.39 | 4.15 |
| P/TBV Ratio | 3.47 | 4.29 | ||||
| P/FCF Ratio | 7.35 | 20.66 | 15.62 | 17.55 | 16.08 | |
| P/OCF Ratio | 7.34 | 20.54 | 15.60 | 20.77 | 17.55 | 16.08 |
| EV/Sales Ratio | 1.10 | 2.41 | 2.48 | 1.74 | 2.00 | 2.28 |
| EV/EBITDA Ratio | 7.94 | 14.45 | 11.86 | 9.56 | 9.57 | 9.72 |
| EV/EBIT Ratio | 8.47 | 14.91 | 11.95 | 9.65 | 9.68 | 9.81 |
| EV/FCF Ratio | 11.07 | 26.57 | 16.65 | 13.96 | 14.20 | |
| Debt / Equity Ratio | 0.81 | 1.04 | 0.37 | 0.74 | 0.01 | 0.01 |
| Debt / EBITDA Ratio | 2.75 | 3.33 | 1.00 | 2.08 | 0.02 | 0.02 |
| Debt / FCF Ratio | 3.83 | 6.12 | 1.40 | 0.03 | 0.04 | |
| Net Debt / Equity Ratio | 0.79 | 1.00 | 0.25 | 0.70 | -0.62 | -0.56 |
| Net Debt / EBITDA Ratio | 2.67 | 3.21 | 0.67 | 1.98 | -2.19 | -1.49 |
| Net Debt / FCF Ratio | 3.72 | 5.90 | 0.94 | -1.29 | -3.19 | -2.17 |
| Asset Turnover | 1.22 | 0.99 | 1.13 | 1.30 | 1.22 | 1.46 |
| Inventory Turnover | 3.86 | 3.02 | 3.61 | 3.40 | 2.15 | 3.07 |
| Quick Ratio | 0.39 | 0.48 | 0.54 | 0.41 | 3.27 | 2.67 |
| Current Ratio | 1.46 | 1.53 | 1.60 | 1.42 | 5.43 | 4.36 |
| 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 Yield | 7.91% | 4.14% | 5.99% | 6.04% | 6.11% | 7.51% |
| FCF Yield | 13.61% | 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% |