secwatch.observer — SEC 8-K summary
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Issuer:     FITLIFE BRANDS, INC. (FTLF)
CIK:        0001374328
Form:       8-K
Filed at:   2024-03-15T23:59:59+00:00
Accession:  0001437749-24-008039
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FitLife Brands guides FY2023 revenue $52-53M (+81-84%), EBITDA $10.0-10.5M
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- Net revenue for FY2023 expected between $52-53M, up 81-84% vs 2022.
- Adjusted EBITDA expected between $10.0-10.5M, up 49-57% vs 2022.
- As of Dec 31, 2023: $20.1M term loan, $0 revolver, $1.1M unrestricted cash, $0.8M restricted cash.
- Made $2.5M voluntary debt payment post-year-end, cutting total funded debt to $16.5M.
- Net debt reduced to $15.1M after voluntary payment and scheduled amortization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1374328/000143774924008039/0001437749-24-008039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1374328/000143774924008039/ftlf20240315_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-008039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer