Smart for Life, Inc. (SMFL)

OTCMKTS: SMFL · Delayed Price · USD
0.390
-0.010 (-2.50%)
Apr 17, 2024, 1:19 PM EDT - Market open
Market Cap 714.27K
Revenue (ttm) 11.11M
Net Income (ttm) -24.22M
Shares Out 1.83M
EPS (ttm) -214.10
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 18,067
Open 0.400
Previous Close 0.400
Day's Range 0.390 - 0.407
52-Week Range 0.325 - 68.310
Beta 0.86
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 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...

1 day 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...

9 days 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...

9 days 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...

27 days 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...

5 weeks 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...

3 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...

4 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...

4 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...

4 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...

6 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...

7 months ago - GlobeNewsWire

Smart for Life Appoints Cindy Brynteson, RN, to the Company's Advisory Board

MIAMI, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a global leader in the Health & Wellness sector marketing and manufacturing nutritiona...

8 months ago - GlobeNewsWire

Smart for Life Appoints Stuart Benson, JD to the Company's Newly Launched Advisory Board

Benson Provides Deep Nutraceutical Industry Business Experience to the Highly Diversified Board Benson Provides Deep Nutraceutical Industry Business Experience to the Highly Diversified Board

8 months ago - GlobeNewsWire

Smart for Life Announces Q2 2023 Financial Results and Provides Business Update

Balance Sheet Transformation Includes Conversion of Over $5.8 Million Debt to Equity Stockholders' Equity Improves from Deficit of $2.4 Million to Equity of $4.6 Million Loss for the Six-Month Period ...

8 months ago - GlobeNewsWire

Smart for Life Announces Launch of High Protein Ice Kreem Products in NYC

Now Available on Delivery Apps such as Uber Eats, DoorDash and Grubhub in New York City Proprietary Line of Delicious Ice Kreem Formulas are High in Protein and Fiber, Providing Sustained Energy on th...

8 months ago - GlobeNewsWire

Smart for Life to Exhibit Greens First Products at The National Convention by the Florida Chiropractic Association

Newly Launched Greens First Protein Bars to be Showcased at the World's Largest Event for the Chiropractic Profession Newly Launched Greens First Protein Bars to be Showcased at the World's Largest Ev...

8 months ago - GlobeNewsWire

Smart for Life Recaps Significant Events Year-to-Date

MIAMI, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth...

9 months ago - GlobeNewsWire

Smart For Life to Present at the H.C. Wainwright 25th Annual Global Investment Conference

MIAMI, Aug. 03, 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 Inaugurates High Level Advisory Board

MIAMI, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a global leader in the Health & Wellness sector marketing and manufacturing nutritiona...

9 months ago - GlobeNewsWire

Smart for Life Announces Greens First Product Line Now Available on Kroger's Vitacost.com

Vitacost.com, Owned by The Kroger Co., Added 19 Greens First Products to its Online Platform Vitacost.com, Owned by The Kroger Co., Added 19 Greens First Products to its Online Platform

9 months ago - GlobeNewsWire

Smart for Life Executes Broad Agreement with Boxout Health for Nationwide Distribution of Sports Illustrated Nutrition Line

Sports Illustrated Nutrition Products to Be Distributed through Extensive Retail Network Including Top Fitness Chains Equinox, YMCA and LA Fitness Sports Illustrated Nutrition Products to Be Distribut...

9 months ago - GlobeNewsWire

Top 5 Defensive Stocks Which Could Rescue Your Portfolio For July

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

Other symbols: BRCCELZIVO
9 months ago - Benzinga

Smart for Life Announces Execution of Comprehensive Canadian Distribution Agreement for its Nutritional Food Products

Distribution Agreement with Two Hands Corporation Expected to Significantly Expand Audience of Consumers by Adding Additional Distribution Partners and Retail Channels Distribution Agreement with Two ...

10 months ago - GlobeNewsWire

Smart for Life Announces Successful Debt Refinancing as Part of Company's Balance Sheet Transformation

Conversion Includes Over $5.8 Million of Debt into Equity and Over $1.2 Million by Executive Management and the Board of Directors Conversion Includes Over $5.8 Million of Debt into Equity and Over $1...

11 months ago - GlobeNewsWire

Smart for Life Announces Corporate Video with Chef Manfred Schmidtke

Video Showcases the R&D Initiatives Behind the Company's Proprietary Creations, Including Smart for Life's New High Protein Ice Cream Products Video Showcases the R&D Initiatives Behind the Company's ...

11 months ago - GlobeNewsWire