Smart for Life, Inc. (SMFL)

OTCMKTS: SMFL · Delayed Price · USD
1.990
0.00 (0.00%)
Jul 19, 2024, 4:00 PM EDT - Market closed
Market Cap 520.65K
Revenue (ttm) 11.11M
Net Income (ttm) -24.22M
Shares Out 261.64K
EPS (ttm) -214.10
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 137,835
Open 2.070
Previous Close 1.990
Day's Range 1.920 - 2.080
52-Week Range 1.830 - 53.340
Beta 1.02
Analysts n/a
Price Target n/a
Earnings Date Nov 20, 2023

About SMFL

Smart for Life, Inc. acquires, develops, manufactures, operates, markets, and sells nutraceutical and related products in the United States and internationally. It offers natural health and wellness meal replacement products, including nutrition bars, cookies, soups and shakes, vitamins, and supplements under the Smart for Life brand; dietary supplements; and nutritional products, including whey protein isolate powder, tablet supplements for joint health, nitric oxide, post workout blends, Omega-3 supplements, and pre-workout supplements under ... [Read more]

Industry Packaged Foods
IPO Date Feb 16, 2022
Employees 145
Stock Exchange OTCMKTS
Ticker Symbol SMFL
Full Company Profile

Financial Performance

In 2022, Smart for Life's revenue was $17.77 million, an increase of 96.91% compared to the previous year's $9.02 million. Losses were -$31.83 million, 210.1% more than in 2021.

Financial Statements

News

Smart for Life Announces Appointment of Jessica Walters as Chief Marketing Officer

CMO Expected to Position Smart for Life for Long Term Growth and Utilize IP from Acquisitions to Increase Sales Opportunities CMO Expected to Position Smart for Life for Long Term Growth and Utilize I...

12 days ago - GlobeNewsWire

Smart for Life to Attend IFT FIRST Annual Event and Expo in Chicago

Company Aims to Forge Strategic Partnerships and Explore Acquisition Opportunities at Leading Food Science Event Company Aims to Forge Strategic Partnerships and Explore Acquisition Opportunities at L...

19 days ago - GlobeNewsWire

Smart for Life to be Featured in Whole Foods Magazine Highlighting Product Offerings, Strategic Acquisitions and Expansion Initiatives

Company Representatives to Explore Strategies for Emerging Growth Companies in the Health & Wellness Sector Company Representatives to Explore Strategies for Emerging Growth Companies in the Health & ...

7 weeks ago - GlobeNewsWire

Smart for Life to Attend IFT FIRST, the Premier Food Science and Technology Event

Industry Leader and Board Member Heather Granato to Explore Acquisition and Strategic Partnership Opportunities Setting Stage for SMFL Future Growth and Innovation Industry Leader and Board Member Hea...

7 weeks ago - GlobeNewsWire

What made Smart for Life stock skyrocket on Thursday?

Smart for Life Inc (NASDAQ: SMFL) opened more than 70% up on Thursday after the nutraceutical company said it has successfully completed a restructuring plan.

7 weeks ago - Invezz

Smart for Life Announces Updates on Successful Completion of Restructuring Program

Program Has Provided Material Loss Reductions and Transformation of the Company's Balance Sheet; Company Provides Update on Timing for Form 10-Q Program Has Provided Material Loss Reductions and Trans...

7 weeks ago - GlobeNewsWire

Smart for Life to Attend the 2024 NASC Annual Conference

Management to Explore Strategic Partnerships and Acquisition Opportunities at Premier Animal Health Event Management to Explore Strategic Partnerships and Acquisition Opportunities at Premier Animal H...

2 months ago - GlobeNewsWire

Smart for Life to Attend Vitafoods Europe 2024: Positioned to Identify Strategic Partnerships and Potential Acquisitions

Renowned Industry Leader and Smart for Life Board Member Heather Granato to Speak at Nutraceutical Event in Geneva, Switzerland Renowned Industry Leader and Smart for Life Board Member Heather Granato...

2 months ago - GlobeNewsWire

Smart For Life to Attend National Pet Food Forum on April 29 to May 2

Company to Explore Strategic Partnerships and Identify Potential Acqusitions Company to Explore Strategic Partnerships and Identify Potential Acqusitions

2 months ago - GlobeNewsWire

Smart for Life Announces Availability of a White Paper on the Nutraceuticals Industry

White Paper Details Recent Trends and Provides Current Industry Data and Analysis on the Growing Nutraceutical Industry White Paper Details Recent Trends and Provides Current Industry Data and Analysi...

3 months ago - GlobeNewsWire

Smart for Life Appoints Prominent Industry Executive David Trosin to Company's Advisory Board

Managing Director of Health Sciences Certification at NSF International Joins Highly Diversified Team of Advisors at Smart for Life Managing Director of Health Sciences Certification at NSF Internatio...

3 months ago - GlobeNewsWire

Smart for Life Announces the Successful Completion of Restructuring Program

Program Resulted in Improvement in Operations through Material Loss Reductions and Transformation of the Company's Balance Sheet; Company Provides Update on Timing for Form 10-K Program Resulted in Im...

3 months ago - GlobeNewsWire

Smart for Life Announces the Appointment of Heather Granato to the Company's Board of Directors

Granato Joins Smart for Life as Founder of Women In Nutraceuticals (WIN), Former VP of Numerous Industry Media Brands, and 30-Year Veteran of the Nutraceutical Industry Granato Joins Smart for Life as...

3 months ago - GlobeNewsWire

Smart for Life Announces 1-for-7 Reverse Stock Split

MIAMI, April 18, 2024 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a leader in the Health & Wellness sector marketing and manufacturing nutritional food...

3 months ago - GlobeNewsWire

Smart for Life to Sponsor Industry Event “What's Up with Supps” at SupplySide East

SupplySide East Gathers Health & Nutrition Industry Leaders for Valuable Networking and Education to Fuel Product Innovation SupplySide East Gathers Health & Nutrition Industry Leaders for Valuable Ne...

3 months ago - GlobeNewsWire

Smart for Life Releases Corporate Video on Definitive Agreement to Acquire Purely Optimal Nutrition

CEO of Smart for Life Discusses Profitable Acquisition Expected to Contribute More than $8 Million of Annualized Revenue and Over $1 Million of Adjusted EBITDA CEO of Smart for Life Discusses Profitab...

3 months ago - GlobeNewsWire

Smart for Life Announces Definitive Agreement to Acquire Purely Optimal Nutrition, a Premier North American Nutraceutical Company

Profitable Acquisition Expected to Contribute More than $8 Million of Annualized Revenue and Over $1 Million of Adjusted EBITDA Profitable Acquisition Expected to Contribute More than $8 Million of An...

3 months ago - GlobeNewsWire

Smart for Life Appoints Nutraceutical Industry Veteran Heather Granato to the Company's Advisory Board

Founder of Women In Nutraceuticals (WIN), Former VP of Numerous Industry Media Brands, and 30-Year Veteran of the Nutraceutical Industry Joins Highly Diversified Team of Advisors Founder of Women In N...

4 months ago - GlobeNewsWire

Smart for Life Appoints Prominent Industry Executive Loren Brown to Company's Board of Directors

Brown Also Engaged to Expand Company's Pipeline of Prospective Acquisitions MIAMI, FL / ACCESSWIRE / March 11, 2024 / Smart for Life, Inc. (Nasdaq:SMFL) ("Smart for Life" or the "Company"), a global l...

4 months ago - Accesswire

Smart for Life Announces Completion of Audit for Pending Acquisition

Acquisition Expected to Contribute More than $8 Million of Annualized Revenue and Positive Net Income Acquisition Expected to Contribute More than $8 Million of Annualized Revenue and Positive Net Inc...

7 months ago - GlobeNewsWire

Smart for Life Names Two Executives to Senior Management Team

Additions Expected to Fortify Management Capabilities as Smart for Life Expands M&A and Financing Initiatives Additions Expected to Fortify Management Capabilities as Smart for Life Expands M&A and Fi...

7 months ago - GlobeNewsWire

Smart for Life Announces LOI to Acquire State-of-the-Art Manufacturer of Vitamins and Supplements

Acquisition is Expected to Add an Estimated $20 Million of Revenue on a Pro Forma Basis and Provide Significantly Enhanced Manufacturing Capabilities Acquisition is Expected to Add an Estimated $20 Mi...

8 months ago - GlobeNewsWire

Smart for Life Announces Exercise of Warrants for $1.5 Million Gross Proceeds

MIAMI, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the Health & Wellness sector marketing and manufacturin...

8 months ago - GlobeNewsWire

Smart for Life Announces 1-for-3 Reverse Stock Split

MIAMI, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the Health & Wellness sector marketing and manufacturin...

9 months ago - GlobeNewsWire

Smart for Life Appoints Alicia R. Crockett to the Company's Advisory Board

Entrepreneurial Western Herbalist, Innovative Health & Wellness Consumer Product Formulator, and Proven Healthcare Sector Business Builder Joins Highly Diversified Team of Advisors Entrepreneurial Wes...

11 months ago - GlobeNewsWire