Welcome to our dedicated page for FitLife Brands news (Ticker: FTLF), a resource for investors and traders seeking the latest updates and insights on FitLife Brands stock.
FitLife Brands develops and markets proprietary nutritional supplements and wellness products for health-conscious consumers. News about FTLF centers on quarterly and annual results, earnings-call announcements, online and wholesale sales trends, gross margin commentary, and the contribution of acquired brands to consolidated performance.
The company sells products online and through retail locations, with updates referring to a broad portfolio of supplements and wellness products. Recurring company developments also cover completed acquisition activity, including the Irwin Naturals asset acquisition, related financing, and changes in revenue mix between legacy operations and acquired operations.
FitLife Brands (Nasdaq: FTLF) has successfully completed the acquisition of Irwin Naturals' assets through a bankruptcy court-approved transaction. The deal, valued at $42.5 million, was financed through a combination of $35.75 million in bank financing from First Citizens Bank and FitLife's existing cash reserves.
The acquisition was executed under Section 363 of the US Bankruptcy Code, with FitLife acquiring substantially all of Irwin's assets while assuming minimal liabilities. The transaction positions FitLife to leverage Irwin's strong brand portfolio and distribution network to drive future revenue and earnings growth.
FitLife Brands (Nasdaq: FTLF) has announced a transformative acquisition of Irwin Naturals' assets for $42.5 million through a Section 363 bankruptcy transaction, expected to close around August 8, 2025. The all-cash deal will approximately double FitLife's size, with projected combined revenue exceeding $120 million and adjusted EBITDA between $20-25 million in the first full year.
The acquisition includes $16 million in net working capital at a pre-synergy multiple of less than 6x EBITDA. The deal will be funded through cash and a new financing package from First Citizens Bank, including a $40.625 million term loan and a $10 million revolving credit facility. Post-transaction leverage is expected to be below 2.25x EBITDA.
Irwin Naturals, founded in 1994, generated $33.1 million in revenue and $3.9 million in adjusted EBITDA during H1 2025, with strong presence in mass market retail (61%) and health food stores (35%).
FitLife Brands (Nasdaq: FTLF), a provider of nutritional supplements and wellness products, has scheduled its Q2 2025 earnings report and conference call for August 14, 2025. The company will host an investor conference call at 4:30 PM ET following the market close.
Investors can participate in the live call by dialing (833) 492-0064 from the U.S. or (973) 528-0163 internationally, using the conference ID 759665.
FitLife Brands (NASDAQ: FTLF), a provider of nutritional supplements and wellness products, has scheduled its first quarter fiscal 2025 earnings report and investor conference call for Thursday, May 15, 2025. The conference call will take place after market close at 4:30 pm ET. U.S. investors can participate by dialing (833) 492-0064, while international participants can dial (973) 528-0163, using the conference identification code 577011.
FitLife Brands (NASDAQ: FTLF) announced a significant board transition with Todd Ordal's resignation after ten years of service, effective April 25, 2025. The company immediately appointed Shannon Pappas as an independent director to fill the vacancy.
Pappas brings over 25 years of experience in beauty, skincare, health, fitness, and consumer goods sectors. She will serve on the Audit, Compensation, and Nominating/Corporate Governance Committees. Her notable roles include Consumer President at Beauty Industry Group and President of The Proactiv Company, where she managed commercial operations and led the company's sale to Taro Pharmaceuticals.
The board transition aligns with FitLife's commitment to regular board composition refresh and good corporate governance practices. The company anticipates additional board changes over the next couple of years.
FitLife Brands (Nasdaq: FTLF) has announced its participation in the upcoming Planet MicroCap Showcase: VEGAS 2025 conference. The presentation is scheduled for Wednesday, April 23, 2025, at 9:30 AM PST in Las Vegas.
The company's Chairman & CEO Dayton Judd and Executive Vice President Ryan Hansen will lead the presentation and conduct a Q&A session. Investors can access the live presentation through a webcast link, and a recording will be made available afterward.
FitLife Brands (FTLF) reported strong financial results for Q4 and full-year 2024. Q4 revenue reached $15.0 million, up 13% year-over-year, with online sales accounting for 67% at $10.1 million. Net income grew to $2.1 million with EPS of $0.23 basic and $0.21 diluted.
Full-year 2024 highlights include: revenue of $64.5 million (+22% YoY), online sales of $43.0 million (+29% YoY), net income of $9.0 million (+70% YoY), and Adjusted EBITDA of $14.1 million (+39% YoY). Gross margin improved to 43.6% from 40.7% in 2023.
The company ended 2024 with $13.1 million in term loans and $4.5 million in cash, resulting in net debt of $8.6 million. A commercial dispute with GNC was resolved in January 2025. New tariffs on Chinese imports implemented in early 2025 are expected to impact future costs.
FitLife Brands (FTLF), a nutritional supplements and wellness products provider, has announced its participation in the 37th Annual Roth Conference on March 17-18, 2025. The company provided a financial update ahead of the conference, revealing strong performance metrics for 2024:
- Anticipated net revenue of $64-65 million, up 21-23% from 2023
- Expected Adjusted EBITDA of $14.0-14.2 million, increasing 38-40% year-over-year
- Projected net income of $8.9-9.1 million, growing 68-72% compared to 2023
As of December 31, 2024, FitLife reported $4.5 million in cash, $13.1 million outstanding on its term loan, and no balance on its revolver. The company's shares outstanding totaled 9,218,528 as of March 12, 2025.
FitLife Brands (Nasdaq: FTLF), a provider of nutritional supplements and wellness products, has scheduled its Q4 and full-year 2024 financial results announcement for March 27, 2025. The company will host an investor conference call at 4:30 pm ET on the same day.
U.S. investors can participate in the live call by dialing (833) 492-0064, while international participants can dial (973) 528-0163. Both should use the conference identification code 133626.