FitLife Brands files financials for acquired Irwin Naturals supplement business; $42.5M deal closed Aug 8, 2025

FITLIFE BRANDS, INC.

Total purchase price of $42.5M in cash; no earnouts or contingent consideration; acquired assets $50.8M, assumed liabilities $8.3M.
Acquired business generated revenue of $67.9M in 2024 and $69.7M in 2023; excess of revenue over direct expense was $6.3M in 2024 vs. ($4.4M) in 2023.
Provisional intangible assets of $31.8M: $25.5M for customer relationships and brands, $6.3M goodwill; subject to adjustment within one-year measurement period.
Acquisition was approved by U.S. Bankruptcy Court for Central District of California under Section 363 of Bankruptcy Code.
Pro forma condensed combined financial statements for FitLife and the acquired business as of June 30, 2025, and for FY2024 and H1 2025 are included.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.