FitLife Brands, Inc. (FTLF)

FitLife Brands Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	64.47	52.7	28.8	27.91	22.11
Revenue Growth (YoY)	22.33%	82.97%	3.19%	26.24%	13.41%
Cost of Revenue	36.39	30.95	16.77	15.41	12.57
Gross Profit	28.08	21.76	12.03	12.5	9.54
Selling, General & Admin	14.6	12.16	6.01	5.96	5.15
Operating Expenses	14.71	12.26	6.08	6.02	5.19
Operating Income	13.37	9.5	5.96	6.48	4.35
Interest Expense	-1.37	-1.03	-	-	-0.01
Interest & Investment Income	0.07	0.29	0.12	0.03	-
Currency Exchange Gain (Loss)	0.05	0.19	-	-	-
EBT Excluding Unusual Items	12.13	8.95	6.08	6.51	4.34
Merger & Restructuring Charges	-0.26	-1.95	-0.26	-0.25	-
Other Unusual Items	-	-	-	0.45	0.07
Pretax Income	11.87	7	5.82	6.71	4.41
Income Tax Expense	2.89	1.71	1.39	1.3	-4.42
Net Income	8.98	5.3	4.43	5.41	8.83
Net Income to Common	8.98	5.3	4.43	5.41	8.83
Net Income Growth	69.64%	19.58%	-18.13%	-38.70%	227.09%
Shares Outstanding (Basic)	9	9	9	9	8
Shares Outstanding (Diluted)	10	10	10	10	9
Shares Change (YoY)	0.90%	-1.41%	3.62%	5.54%	4.12%
EPS (Basic)	0.98	0.59	0.49	0.61	1.04
EPS (Diluted)	0.91	0.54	0.45	0.56	0.97
EPS Growth	68.52%	21.35%	-21.24%	-41.75%	221.94%
Free Cash Flow	9.6	-14.67	4.13	4.48	5.72
Free Cash Flow Per Share	0.97	-1.50	0.41	0.47	0.63
Gross Margin	43.56%	41.28%	41.78%	44.80%	43.13%
Operating Margin	20.75%	18.03%	20.69%	23.23%	19.66%
Profit Margin	13.94%	10.05%	15.38%	19.38%	39.91%
Free Cash Flow Margin	14.89%	-27.84%	14.34%	16.05%	25.87%
EBITDA	13.48	9.59	6.02	6.54	4.38
EBITDA Margin	20.91%	18.20%	20.91%	23.44%	19.83%
D&A For EBITDA	0.11	0.09	0.07	0.06	0.04
EBIT	13.37	9.5	5.96	6.48	4.35
EBIT Margin	20.75%	18.03%	20.69%	23.23%	19.66%
Effective Tax Rate	24.32%	24.38%	23.93%	19.35%	-

Updated Mar 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q