secwatch.observer — SEC 8-K summary
======================================

Issuer:     FITLIFE BRANDS, INC. (FTLF)
CIK:        0001374328
Form:       8-K
Filed at:   2024-08-14T23:59:59+00:00
Accession:  0001437749-24-026822
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Q2 revenue up 15% to $16.9M, EPS $0.53 diluted vs $0.40 YoY
-----------------------------------------------------------

- Revenue $16.9M (+15% YoY); net income $2.6M, diluted EPS $0.53.
- Adjusted EBITDA $3.8M (+29% YoY); gross margin expanded to 44.8% from 40.4%.
- Online sales $11.2M (66% of revenue, +13% YoY); wholesale $5.7M (+18%).
- MusclePharm revenue $2.7M, up 27% sequentially; MRC contribution $2.5M (+61% YoY).
- New director Matt Lingenbrink elected; cash $4.4M, net debt $11.7M (0.9x adj. EBITDA).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1374328/000143774924026822/0001437749-24-026822-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1374328/000143774924026822/ftlf20240814_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-026822

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