Mimi's Rock audited FY2021 rev $36.7M, net loss $5.0M, going concern warning

FITLIFE BRANDS, INC.

Audited FY2021 revenue CAD $36.7M, down 9% from $40.3M in FY2020.
Net loss of $5.0M in FY2021 vs net income $2.3M in FY2020; includes $4.2M goodwill impairment.
Negative working capital of $14.4M at Dec 31, 2021; audit opinion flags material going concern uncertainty.
Acquisition closed Feb 28, 2023; these financials are part of 8-K/A supplement.

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