Fitlife Brands, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
March 26, 2021 at 09:00 pm
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FitLife Brands, Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the year, the company announced sales was USD 21.744 million compared to USD 19.497 million a year ago. Operating income was USD 4.204 million compared to USD 2.581 million a year ago. Net income was USD 8.714 million compared to USD 2.698 million a year ago. Basic earnings per share from continuing operations was USD 8.23 compared to USD 2.57 a year ago. Diluted earnings per share from continuing operations was USD 7.66 compared to USD 2.41 a year ago. For the quarter, sales was USD 5.930 million compared to USD 3.686 million a year ago. Operating income was USD 1.350 million compared to USD 72,000 a year ago. Net income was USD 5.733 million compared to USD 72,000 a year ago. Basic earnings per share from continuing operations was USD 5.41 compared to USD 0.05 a year ago. Diluted earnings per share from continuing operations was USD 4.98 compared to USD 0.04 a year ago.
FitLife Brands, Inc. is a developer and marketer proprietary nutritional supplements and wellness products for health-conscious consumers. It markets approximately 300 different products primarily online, through domestic and international GNC franchise locations as well as through more than 17,000 additional domestic retail locations. It offers NDS Nutrition, PMD Sports, SirenLabs, Core Active, Nutrology, and Metis Nutrition (together, NDS Products); iSatori, BioGenetic Laboratories, and Energize (together, the iSatori Products); Dr. Tobias, All Natural Advice, and Maritime Naturals (together, the MRC Products) and MusclePharm. Its NDS brand includes premium weight loss, sports nutrition, and general health products. Its PMD brand includes premium sports nutrition products. Its Nutrology brand included sports nutrition and general wellness products with an emphasis on natural, vegan, and organic ingredients. Its SirenLabs brand includes weight loss and sports nutrition products.
FITLIFE BRANDS, INC. 