secwatch.observer — SEC 8-K summary
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Issuer:     FITLIFE BRANDS, INC. (FTLF)
CIK:        0001374328
Form:       8-K
Filed at:   2025-08-14T23:59:59+00:00
Accession:  0001437749-25-026674
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FitLife Q2 revenue down 5% to $16.1M; completes $42.5M Irwin Naturals buy
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- Net income $1.7M ($0.18 diluted EPS) vs $2.6M ($0.27) YoY; Adjusted EBITDA $3.3M, down 13%.
- Gross margin fell to 42.8% from 44.8%; online revenue $10.4M (65% of total), down 7% YoY.
- MRC segment revenue down 16%; Dr. Tobias brand declined 16% due to lower Amazon session counts.
- Completed Irwin Naturals acquisition on Aug 8 for $42.5M; financed via $35.75M new term loan from First Citizens.
- Irwin generated ~$60M revenue TTM at ~35% gross margin; FitLife expects ~$1.5M annual SG&A savings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1374328/000143774925026674/0001437749-25-026674-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1374328/000143774925026674/ftlf20250814_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-026674

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