secwatch.observer — SEC 8-K summary
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Issuer:     FITLIFE BRANDS, INC. (FTLF)
CIK:        0001374328
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0001437749-24-035028
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FitLife Q3 revenue up 15% to $16M; net income $2.1M, adjusted EBITDA up 41%
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- Revenue $16.0M (+15% YoY); online sales $10.8M (68% of revenue) +14% YoY.
- Net income $2.1M vs $1.7M; EPS $0.46 basic, $0.43 diluted.
- Adjusted EBITDA $3.6M (+41% YoY); gross margin improved to 43.8% from 41.0%.
- Net debt reduced to $9.5M (cash $4.7M, term loans $14.3M); repaid $8.25M of 2023 borrowings.
- MusclePharm secures new retail placements; Pro Series launches in Vitamin Shoppe pilot Q1 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1374328/000143774924035028/0001437749-24-035028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1374328/000143774924035028/ftlf20241114_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-035028

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