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FitLife Brands Announces First Quarter Earnings Call
GlobeNewswire· 2025-05-05 19:00
Core Points - FitLife Brands, Inc. plans to report its financial performance for Q1 of fiscal 2025 on May 15, 2025 [1] - An investor conference call will be held on the same day at 4:30 pm ET, with specific dialing instructions provided for U.S. and international participants [2] - FitLife Brands develops and markets over 250 nutritional supplements and wellness products, primarily targeting health-conscious consumers [3]
Fitlife Brands Has Potential For Continued Profitable Growth
Seeking Alpha· 2025-05-05 01:11
Core Insights - True value in investments is derived from growth rather than short-term gains, emphasizing a long-term perspective on evaluation [1] - Great businesses provide significant societal value and exhibit durability, deserving growth proportional to their superiority [1] - Key characteristics sought in businesses include selection, convenience, value, and durability, with a preference for non-cyclical operations [1] Business Characteristics - Businesses that consistently outperform competitors through superior products and services are favored [1] - The ability to create multiple revenue streams and maintain anti-fragile structures is essential for long-term success [1] - Uniqueness is identified as the primary driver of value, with low maintenance costs allowing for high reinvestment potential [1] Management and Strategy - Trust and network effects are critical indicators of a business's durability [1] - Management quality is paramount, with a preference for executives who have aligned interests and a strong focus on the business [1] - Successful companies, like Amazon, demonstrate that a customer-centric approach can yield extraordinary returns [1] Investment Timing and Strategy - The optimal time for investment is when negative news is fully priced in, revealing true value [1] - Companies that can withstand adversity and show resilience are more attractive for investment [1] - A strategy of buying back shares is recommended for businesses with durable models, particularly during downturns [1]
FitLife Brands Announces Board Transition
GlobeNewswire· 2025-04-28 11:30
Omaha, NE, April 28, 2025 (GLOBE NEWSWIRE) -- FitLife Brands, Inc. (“FitLife” or the “Company”) (NASDAQ: FTLF), a provider of innovative and proprietary nutritional supplements and wellness products, announced today the resignation of Todd Ordal as a member of the Company’s Board of Directors. Mr. Ordal’s resignation, effective on April 25, 2025, was part of the Company’s ongoing commitment to refresh board composition on a regular basis in accordance with good corporate governance practices and was not the ...
FitLife Brands to Present at Planet MicroCap Investor Conference
GlobeNewswire· 2025-04-22 11:30
OMAHA, NE, April 22, 2025 (GLOBE NEWSWIRE) -- FitLife Brands, Inc. (“FitLife” or the “Company”) (Nasdaq: FTLF), today announced that it will be presenting at the Planet MicroCap Showcase: VEGAS 2025 in partnership with MicroCapClub on Wednesday, April 23, 2025 at 9:30 AM (Local Time - PST). Dayton Judd, the Company’s Chairman & CEO, and Ryan Hansen, the Company’s Executive Vice President, will be hosting the presentation and answering questions at the conclusion. Investors can access the live presentation u ...
FitLife Brands (FTLF) Surges 13.1%: Is This an Indication of Further Gains?
ZACKS· 2025-04-21 14:00
Company Overview - FitLife Brands Inc. (FTLF) shares increased by 13.1% to close at $13.34, following a period of 12.7% loss over the past four weeks, indicating a significant rebound in investor sentiment [1] - The stock's price surge was supported by high trading volume, with more shares exchanged than usual [1] Insider Activity - Investor optimism was bolstered by director Todd Ordal purchasing 300 shares at $12.07 per share on April 15, and another director, Matthew Lingenbrink, acquiring 3,000 shares for approximately $36,510 [2] Earnings Expectations - FitLife Brands is projected to report quarterly earnings of $0.24 per share, reflecting a year-over-year increase of 9.1%, while revenues are expected to be $15.84 million, a decrease of 4.3% from the previous year [3] - The consensus EPS estimate has been revised 100% lower over the last 30 days, which typically does not correlate with price appreciation [4] Industry Context - FitLife Brands operates within the Zacks Medical - Products industry, where another company, LeMaitre Vascular (LMAT), reported a 1.9% increase in stock price, closing at $86.28, with a slight decline of 0.2% over the past month [4] - LeMaitre's consensus EPS estimate remains unchanged at $0.50, representing a year-over-year increase of 13.6%, and it holds a Zacks Rank of 2 (Buy) [5]
FitLife Brands(FTLF) - 2024 Q4 - Earnings Call Transcript
2025-03-27 23:54
FitLife Brands, Inc. (NASDAQ:FTLF) Q4 2024 Results Conference Call March 27, 2025 4:30 PM ET Company Participants Dayton Judd - Chief Executive Officer Jakob York - Chief Financial Officer Conference Call Participants Ryan Meyers - Lake Street Capital Markets Samir Patel - Askeladden Capital James Bogan - Legend Capital Igor Novgorodtsev - Lares Capital Sean McGowan - ROTH Capital Partners Operator Good day, and welcome to the FitLife Brands' Fourth Quarter 2024 Financial Results. At this time, all particip ...
FitLife Brands(FTLF) - 2024 Q4 - Earnings Call Transcript
2025-03-27 20:30
FitLife Brands (FTLF) Q4 2024 Earnings Call March 27, 2025 04:30 PM ET Company Participants Dayton Judd - Chairman & CEOSamir Patel - Founder & Portfolio ManagerJames Bogin - Portfolio ManagerIgor Novgorodtsev - Principal Conference Call Participants Ryan Meyers - Senior Research AnalystSean McGowan - MD & Senior Research Analyst Operator Good day, everyone, and welcome to the FitLife Brands Fourth Quarter twenty twenty four Financial Results. At this time, all participants have been placed on a listen only ...
FitLife Brands(FTLF) - 2024 Q4 - Annual Results
2025-03-27 18:38
Financial Results - FitLife Brands, Inc. announced preliminary financial results for the fiscal year ended December 31, 2024[5]. - The financial results include key metrics that will be elaborated in the attached press release[5]. Corporate Communications - The company issued a press release on March 13, 2025, detailing its financial performance[5]. - A new corporate presentation was introduced for business purposes on the same date[6]. - The press release and corporate presentation are attached as Exhibits 99.1 and 99.2, respectively[8]. Company Information - The company is registered under the trading symbol FTLF on the Nasdaq Capital Market[3]. - FitLife Brands, Inc. has not elected to use the extended transition period for new financial accounting standards[4]. - The company is not classified as an emerging growth company[3]. - The company’s headquarters is located in Omaha, Nebraska[2]. - The report was signed by CEO Dayton Judd on March 13, 2025[12].
FitLife Brands(FTLF) - 2024 Q4 - Annual Report
2025-03-27 11:38
Acquisitions - FitLife Brands acquired MusclePharm on October 10, 2023, enhancing its portfolio of nutritional supplements and wellness products[21]. - The Company completed the acquisition of Mimi's Rock Corp. on February 28, 2023, and the acquisition of substantially all assets of MusclePharm on October 10, 2023[97]. - The Company acquired Mimi's Rock Corp. on February 28, 2023, and MusclePharm on October 10, 2023, expanding its product offerings significantly[127]. Product Development and Launches - The company launched a total of 23 new products in 2024, including 19 completely new products and 4 reformulations, while 18 new products were introduced in 2023[24]. - FitLife Brands' marketing strategy includes social media campaigns and online advertising to build brand awareness and drive sales[30]. - The Company continues to reformulate and introduce new products while expanding its e-commerce capabilities to drive incremental sales[162]. - MusclePharm launched the new Pro Series in a pilot program in mid-March 2025, targeting high-volume Vitamin Shoppe stores[185]. Sales and Revenue - Revenue for the year ended December 31, 2024 increased 22% to $64,469 million compared to $52,700 million for the year ended December 31, 2023[158]. - Online revenue accounted for approximately 67% of total revenue for the year ended December 31, 2024, up from roughly 63% in 2023[150]. - MRC revenue for the year ended December 31, 2024 was $29,036 million, with MusclePharm generating $10,046 million in revenue[160]. - FitLife Consolidated's total revenue for Q4 2024 was $15,013 million, a 13% increase compared to Q4 2023, with gross profit rising by 16%[187]. Financial Performance - Gross profit for the year ended December 31, 2024 increased 31% to $28,080 million from $21,432 million in the previous year[164]. - Net income for the year ended December 31, 2024 was $8,984 million, a 70% increase compared to $5,296 million for the year ended December 31, 2023[169]. - The company's adjusted EBITDA for 2024 was $14,125 million, up from $10,179 million in 2023[192]. - As of December 31, 2024, the Company had positive working capital of $6,832 million, an increase from $4,356 million at the end of 2023[193]. Market and Competition - The company operates in a highly competitive nutrition industry, differentiating its products based on quality and functional ingredients[33]. - The company faces significant competition in the nutritional supplements market, with competitors often offering a wider range of products and more competitive pricing[50]. - The nutritional supplement industry has been growing, but a slower growth rate could lead to reduced revenue and challenges in sustaining consistent growth[70]. Regulatory Compliance and Risks - The company is committed to regulatory compliance across various authorities, including the FDA and FTC, to ensure product safety and accurate marketing[34][40]. - Legal and regulatory risks could lead to significant compliance costs and negatively impact the marketing of the company's products[90]. - Certain products are subject to heightened regulatory scrutiny, resulting in increased operational costs and potential delays in product sales[92]. Debt and Financial Obligations - As of December 31, 2024, the company had approximately $13.0 million in total debt, with potential for additional indebtedness to fund future acquisitions[80]. - The company’s ability to meet debt service obligations will depend on future performance, which is influenced by various external factors[81]. - Rising interest rates may increase the cost of servicing debt, negatively affecting profitability and cash flows[87]. - The Company amended the Line of Credit Agreement to increase the Line of Credit to $3.5 million and extended the maturity date to December 23, 2023[195]. Operational Efficiency - The company relies on third-party manufacturers for product supply, which could lead to product recalls and reduced revenue if errors occur[91]. - The company is currently dependent on a limited number of independent suppliers and manufacturers, which may affect timely product deliveries and revenue[66]. - The company has never paid cash dividends on its Common Stock and does not anticipate paying any cash dividends in the foreseeable future[103]. Employee and Workforce - As of December 31, 2024, the company had 39 full-time employees, an increase from 37 in 2023[45]. Stock Performance - The closing price of the company's Common Stock ranged from a high of $17.50 to a low of $9.60 during the year ending December 31, 2024[100]. - The high and low closing prices for Common Stock in Q2 2024 were $17.50 and $12.25, respectively, indicating a price increase of approximately 103% from Q1 2024[117]. - The Share Repurchase Program allows the Company to repurchase up to $5,000,000 of Common Stock over the subsequent 24 months, with no shares repurchased during the year ended December 31, 2024[120][119].
FitLife Brands Inc. (FTLF) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2025-03-20 15:00
FitLife Brands Inc. (FTLF) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on March 27, 2025, might help the stock move higher if these key numbers are bett ...