Fitlife Brands ( (FTLF) ) has released its Q2 earnings. Here is a breakdown of the information Fitlife Brands presented to its investors.
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FitLife Brands, Inc., headquartered in Omaha, Nebraska, is a company specializing in the development and marketing of innovative nutritional supplements and wellness products, primarily catering to health-conscious consumers through online platforms and retail locations.
In the second quarter of 2025, FitLife Brands reported a total revenue of $16.1 million, marking a 5% decrease from the previous year. The company’s online revenue, which constitutes 65% of its total revenue, also saw a decline of 7%. The gross margin for the quarter was 42.8%, slightly lower than the 44.8% reported in the same period last year. Net income stood at $1.7 million, down from $2.6 million, largely due to expenses related to the acquisition of Irwin Naturals.
Key financial metrics for the quarter included a basic earnings per share of $0.19, a decrease from $0.29 in the previous year, and an adjusted EBITDA of $3.3 million, reflecting a 13% decline. The company ended the quarter with $10.9 million outstanding on its term loans and a total net debt of $4.3 million. The acquisition of Irwin Naturals was completed post-quarter, with the transaction valued at $42.5 million, funded through a mix of term loans, a revolving line of credit, and available cash.
Looking ahead, FitLife Brands’ management remains optimistic about the potential for growth, particularly with the recent acquisition of Irwin Naturals. The company plans to focus on enhancing gross margins through increased online sales and supply chain efficiencies. Additionally, efforts are underway to boost session counts and conversion rates for key brands like Dr. Tobias, while expanding distribution channels for MusclePharm products.
Overall, FitLife Brands is poised to leverage its strategic acquisitions and market initiatives to drive future growth, while continuing to navigate the challenges posed by fluctuating revenues and market dynamics.