FitLife Brands ( (FTLF) ) has shared an announcement.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
FitLife Brands, a leader in nutritional supplements, reported a strong third quarter in 2024, with a 15% increase in revenue to $16 million. Online sales soared to $10.8 million, making up 68% of total revenue, and gross margins improved to 43.8%. The company also saw a notable rise in net income to $2.1 million and a 41% boost in adjusted EBITDA to $3.6 million, reflecting successful strategic acquisitions and a shift towards online sales. Investors may find these results promising as FitLife continues to enhance its market presence and profitability.
See more data about FTLF stock on TipRanks’ Stock Analysis page.
