FITLIFE BRANDS, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $81.5M | $64.5M | $52.7M | $28.8M | $27.9M | $21.7M | $19.5M | $17.1M |
| Cost of Revenue | $50.0M | $36.4M | $31.3M | $16.8M | $15.4M | $12.4M | $11.4M | $10.3M |
| Gross Profit | $31.5M | $28.1M | $21.4M | $12.0M | $12.5M | $9.5M | $8.0M | $6.7M |
| Gross Margin | 38.6% | 43.6% | 40.7% | 41.8% | 44.8% | 43.9% | 40.9% | 39.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $14.0M | $10.0M | $7.9M | $6.0M | $6.2M | $3.0M | $3.0M | $3.3M |
| Operating Income | $10.1M | $13.1M | $7.6M | $5.7M | $6.2M | $4.3M | $2.5M | $653.0K |
| Operating Margin | 12.4% | 20.3% | 14.3% | 19.8% | 22.3% | 20.0% | 12.8% | 3.8% |
| Interest Expense | — | — | $1.0M | $0 | — | $15.0K | $47.0K | $133.0K |
| Pretax Income | $8.2M | $11.9M | $7.0M | $5.8M | $6.7M | $4.4M | $2.6M | $520.0K |
| Income Tax Expense | $1.9M | $2.9M | $1.7M | $1.4M | $1.3M | $-4.4M | $7.0K | $11.0K |
| Net Income | $6.3M | $9.0M | $5.3M | $4.4M | $5.4M | $8.8M | $2.6M | $509.0K |
| Net Margin | 7.8% | 13.9% | 10.0% | 15.4% | 19.4% | 40.6% | 13.4% | 3.0% |
| EPS (Basic) | $0.68 | $0.98 | $0.59 | $0.97 | $1.23 | $2.08 | $0.62 | $0.09 |
| EPS (Diluted) | $0.63 | $0.91 | $0.54 | $0.89 | $1.13 | $1.94 | $0.58 | $0.09 |
| Shares Outstanding (Basic) | 9.3M | 9.2M | 9.0M | 4.6M | 4.4M | 4.2M | 4.1M | 4.4M |
| Shares Outstanding (Diluted) | 10.0M | 9.9M | 9.8M | 5.0M | 4.8M | 4.5M | 4.4M | 4.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |