Fitlife Brands ( (FTLF) ) has released its Q1 earnings. Here is a breakdown of the information Fitlife Brands presented to its investors.
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FitLife Brands, Inc., based in Omaha, Nebraska, is a developer and marketer of innovative nutritional supplements and wellness products, primarily sold online and through various retail locations, including GNC® franchise locations.
In the first quarter of 2025, FitLife Brands reported a total revenue of $15.9 million, marking a 4% decrease from the previous year. The company’s online sales accounted for 67% of total revenue, while gross margin slightly declined to 43.1%. Net income was $2.0 million, down from $2.2 million in the same quarter of 2024.
Key financial metrics for the quarter included a 6% decrease in adjusted EBITDA to $3.4 million and a slight decline in basic and diluted earnings per share to $0.22 and $0.20, respectively. The company ended the quarter with a total net debt of $6.0 million, indicating a strong cash flow position. Performance varied across its brands, with Legacy FitLife showing growth, while MRC and MusclePharm faced challenges.
Looking forward, FitLife Brands remains optimistic about its financial flexibility and potential for acquisitions, supported by strong cash flow generation. The company continues to explore M&A opportunities in a favorable market environment, aiming to leverage its diverse brand portfolio to balance performance across its segments.