FitLife Brands ( (FTLF) ) has shared an update.
FitLife Brands reported a strong financial performance for the fourth quarter and full year of 2024, with total revenue for the year increasing by 22% to $64.5 million and net income rising by 70% to $9.0 million. The company’s online sales, which accounted for 67% of total revenue, grew by 29% over the year, while acquisitions of Mimi’s Rock Corp and MusclePharm assets contributed significantly to wholesale revenue. The improved financial results reflect FitLife’s strategic focus on expanding its market presence and enhancing profitability, positioning the company favorably within the nutritional supplements industry.
More about FitLife Brands
FitLife Brands, Inc. is a provider of innovative and proprietary nutritional supplements and wellness products.
YTD Price Performance: -14.61%
Average Trading Volume: 14,801
Technical Sentiment Signal: Sell
Current Market Cap: $128.2M
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