Ryan Hansen was appointed as President at FITLIFE BRANDS, INC..
“On May 18, 2026, the Board of Directors (the “ Board ”) of FitLife Brands, Inc. (the “ Company ”) appointed Ryan Hansen, who was serving as the Company’s Executive Vice President, to the position of President of the Company.”
Earnings Releases
FITLIFE BRANDS, INC. reported first quarter ended March 31, 2026 results: revenue $25.3 million, net income $1.7 million, EPS $0.18 per basic share and $0.17 per diluted share.
“products, today announced financial results for the first quarter ended March 31, 2026. Highlights for the first quarter ended March 31, 2026 include: ● Total revenue was $25.3 million, an increase of 59% compared to the first quarter of 2025. ● Wholesale revenue was $14.1 million, or 56% of total revenue, an increase of 166% compared to the first quarter of”
Earnings Releases
FITLIFE BRANDS, INC. reported financial results for the fiscal year ended December 31, 2025.
“On April 1, 2026, FitLife Brands, Inc. (the “ Company ”) issued a press release announcing the Company’s financial results for the fiscal year ended December 31, 2025.”
Debt Financings
FITLIFE BRANDS, INC. incurred revolving credit of $10.0 million with First-Citizens Bank & Trust Company at Applicable Rate maturing August 8, 2028.
“a three-year revolving line of credit of up to $10.0 million (the “ Credit Line ”, and collectively with the Term Loan, the “ Loan ”)”
Debt Financings
FITLIFE BRANDS, INC. incurred credit facility of $40.625 million with First-Citizens Bank & Trust Company at 2.50% to 3.00% above a forward-looking term rate, based on the secured overnight maturing August 8, 2030.
“Entry into Credit Agreement On August 8, 2025 (the “ Closing Date ”), FitLife Brands, Inc. (the “ Company ”) entered into a Loan, Security and Guarantee Agreement (the “ Credit Agreement ”) with First-Citizens Bank & Trust Company (the “ Bank ”). Pursuant to the Credit Agreement, the Bank provided the Company with a five-year term loan in the amount of $40.625 million (“ Term Loan ”)”
Shannon Pappas was appointed as Independent Member of the Board of Directors at FITLIFE BRANDS, INC..
“On April 25, 2025, FitLife Brands, Inc. (the “ Company ”) appointed Shannon Pappas as an independent member of the Board of Directors of the Company (the “ Board ”), to serve until the next annual meeting of shareholders or until her successor is elected and qualified.”
Todd Ordal resigned as Member of the Board of Directors at FITLIFE BRANDS, INC..
“Todd Ordal, who tendered his resignation from his role as a member of the Board, effective April 25, 2025.”
Matt Lingenbrink was elected as Director at FITLIFE BRANDS, INC..
“At the Annual Meeting, the Company’s stockholders elected Matt Lingenbrink to serve as a member of the Board of Directors of the Company until the Company’s next annual meeting of stockholders or until his successor is duly elected and qualified.”
Earnings Releases
FITLIFE BRANDS, INC. reported first quarter ended March 31, 2024 results: revenue $16.5 million, net income $2.2 million, EPS $0.47 and $0.43 respectively.
“products, today announced financial results for the first quarter ended March 31, 2024. Highlights for the first quarter ended March 31, 2024 include: ● Total revenue was $16.5 million, an increase of 54% compared to the first quarter of 2023. ● Online sales were $10.8 million, representing 65% of total revenue and an increase of 116% compared to the first”
Earnings Releases
FITLIFE BRANDS, INC. reported preliminary financial results for first quarter 2024.
“together with the Company’s preliminary financial results for the quarter ended March 31, 2024.”
Earnings Releases
FITLIFE BRANDS, INC. reported fourth quarter ended December 31, 2023 results: net income $1.5 million.
“Total revenue for the fourth quarter was $13.3 million, an increase of 148% compared to the same period in 2022.”
Earnings Releases
FITLIFE BRANDS, INC. reported fiscal year ended December 31, 2023 results: net income $5.3 million.
“Total revenue was $52.7 million, an increase of 83% compared to $28.8 million in the prior year.”
Earnings Releases
FITLIFE BRANDS, INC. reported the full year ended December 31, 2023 results: revenue $52-53 million.
“Net revenue for the full year 2023 is anticipated to be between $52-53 million, an increase of 81-84% compared 2022.”
Earnings Releases
FITLIFE BRANDS, INC. reported third quarter ended September 30, 2023 results: revenue $13.9 million, net income $1.7 million, EPS $0.38.
“today announced financial results for the third quarter ended September 30, 2023. Highlights for the third quarter ended September 30, 2023 include: ● Total revenue was $13.9 million, an increase of 67% compared to the third quarter of 2022. ● Adjusted EBITDA was $2.5 million, an increase of 36% compared to the third quarter of 2022. ● Net income for the”
M&A Transactions
FITLIFE BRANDS, INC. completed an acquisition involving MusclePharm Corporation for $18.5 million (closed 2023-10-10).
“(the “ Purchase Agreement ”), pursuant to which a subsidiary of the Company agreed to acquire substantially all of MusclePharm’s assets (the “ Assets ”), for a purchase price of $18.5 million, subject to certain adjustments (the “ Purchase Price ”)(the “ Acquisition ”). The Acquisition was consummated on October 10, 2023 (the “ Closing Date ”) in accordance with the”
Debt Financings
FITLIFE BRANDS, INC. incurred term loan of $10.0 million with First Citizens Bank at 2.75% above the one-month forward-looking term rate (the "Applicable Rate"), bas maturing October 10, 2028.
“the Bank provided the Company with a Term Loan B for the principal amount of $10.0 million”
Material Agreements
FITLIFE BRANDS, INC. entered into Second Amended and Restated Credit Agreement with First Citizens Bank valued at $10.0 million (effective 2023-10-10).
“On October 10, 2023 (the “ Closing Date ”), FitLife Brands, Inc. (the “ Company ”) entered into a Second Amended and Restated Credit Agreement with First Citizens Bank (the “ Bank ”), amending and restating that certain Amended and Restated Credit Agreement, dated February 23, 2023”
Material Agreements
FITLIFE BRANDS, INC. entered into Asset Purchase and Sale Agreement with MusclePharm Corporation valued at $18.5 million (effective 2023-09-21).
“On September 21, 2023, the U.S. Bankruptcy Court for the District of Nevada (“ Bankruptcy Court ”) approved the purchase by FitLife Brands, Inc. or its designee or affiliate (the “ Company ”) of substantially all assets of MusclePharm Corporation (“ MusclePharm ”), pursuant to an Asset Purchase and Sale Agreement by and between the Company and MusclePharm (the “ APA ”).”
Earnings Releases
FITLIFE BRANDS, INC. reported the second quarter ended June 30, 2023 results: revenue $14.8 million, net income $2.0 million, EPS $0.44 basic, $0.40 diluted.
“first full quarter following the acquisition of Mimi’s Rock Corp (“MRC”) on February 28, 2023. Highlights for the second quarter ended June 30, 2023 include: ● Total revenue was $14.8 million, an increase of 89% compared to the second quarter of 2022. ● Adjusted EBITDA was $3.0 million, an increase of 35% compared to the second quarter of 2022, approximately half of”
Shareholder Votes
FITLIFE BRANDS, INC. shareholders approved Ratification of Appointment of Independent Auditors at the 2023-08-09 meeting.
“Proposal No. 3- Ratification of Appointment of Auditors For Against Abstain Votes 3,876,985 4 0”
Shareholder Votes
FITLIFE BRANDS, INC. shareholders approved Advisory Vote to Approve Executive Compensation (Say-on-Pay Proposal) at the 2023-08-09 meeting.
“Proposal No. 2 – Advisory Vote to Approve Executive Compensation (Say-on-Pay Proposal) For Against Abstain Votes 2,989,756 18,073 1,783”
Shareholder Votes
FITLIFE BRANDS, INC. shareholders approved Election of Directors at the 2023-08-09 meeting.
“Proposal No. 1- Election of Directors For Withheld Dayton Judd 3,009,608 4 Lewis Jaffe 2,927,483 82,129 Grant Dawson 3,004,711 4,901 Seth Yakatan 2,955,911 53,701 Todd Ordal 3,004,711 4,901”
M&A Transactions
FITLIFE BRANDS, INC. completed an acquisition involving Mimi's Rock Corp. (MRC) for approximately CAD $23.2 million (closed 2023-02-28).
“As previously disclosed by the Company in its Current Report on Form 8-K, filed with the SEC on December 8, 2022 (the “ Current Report ”), the Company entered into an Arrangement Agreement (the “ Agreement ”) with Ontario and Mimi’s Rock Corp. (“ MRC ”), pursuant to which the Company agreed to acquire all of the issued and outstanding shares of capital stock of MRC (the “ MRC Shares ”) for a total cash purchase price of approximately CAD $23.2 million (the “ Purchase Price ”) (the “ Acquisition ”). The Acquisition was consummated on February 28, 2023 (the “ Closing Date ”) in accordance with the terms of the Agreement.”
Material Agreements
FITLIFE BRANDS, INC. entered into Arrangement Agreement with Mimi's Rock Corp. valued at approximately CAD $23.2 million (effective 2022-12-04).
“On December 4, 2022, FitLife Brands, Inc. (“ FitLife ”) entered into an Arrangement Agreement (the “ Agreement ”) with 1000374984 Ontario Inc. (“Subsidiary”, and collectively with FitLife, the “ Company ”), and Mimi’s Rock Corp. (“ Mimis ”), pursuant to which the Company has agreed to acquire Mimi’s for a total cash purchase price of approximately CAD $23.2 million, of which approximately CAD $14.1 million will be used to retire all of Mimi’s outstanding indebtedness, and approximately CAD $9.0 million, or CAD $0.17 per share, will be used to purchase all issued and outstanding shares of Mimi’s from its current shareholders (collectively, the “ Purchase Price ”) (the “ Acquisition ”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.