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home / news releases / FTLF - FitLife Brands GAAP EPS of $0.03 revenue of $10.74M

FTLF - FitLife Brands GAAP EPS of $0.03 revenue of $10.74M

FitLife Brands Inc.

2023-05-16 04:05:40 ET

  • FitLife Brands press release ( OTCPK:FTLF ): Q1 GAAP EPS of $0.03.
  • Revenue of $10.74M (+47.1% Y/Y).
  • Excluding the impact of the purchase accounting valuation step-up for MRC inventory, gross margin for the first quarter of 2023 would have been 42.1%.
  • Adjusted EBITDA was $2.2 million, an increase of 30.4% compared to the first quarter of 2022.
  • The Company ended the quarter with $12.5 million outstanding on its term loan and cash of $8.9 million, or total net debt of $3.6 million.

For further details see:

FitLife Brands GAAP EPS of $0.03, revenue of $10.74M
Stock Information
Company Name: FitLife Brands Inc.
Stock Symbol: FTLF
Market: OTC
Website: fitlifebrands.com
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