secwatch.observer — SEC 8-K summary
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Issuer:     FITLIFE BRANDS, INC. (FTLF)
CIK:        0001374328
Form:       8-K
Filed at:   2024-05-14T23:59:59+00:00
Accession:  0001437749-24-016354
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FitLife Brands Q1 revenue up 54% to $16.5M; net income jumps to $2.2M
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- Revenue $16.5M (+54% YoY); online sales $10.8M (+116%) = 65% of total.
- Net income $2.2M vs $0.2M; diluted EPS $0.43 vs $0.03.
- Adjusted EBITDA $3.6M (+62% YoY); gross margin 44.0% vs 41.1%.
- Ended quarter with $16.5M term loans, $3.3M cash, net debt $13.2M.
- CEO: Dr. Tobias brand returned to growth; MusclePharm bar re-launched April 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1374328/000143774924016354/0001437749-24-016354-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1374328/000143774924016354/ftlf20240513_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-016354

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