FitLife Brands Reports Q1 2025 Earnings: Revenue Declines While Core Segment Grows

FitLife Brands, Inc. (OTCMKTS: FTLF) has released its quarterly report for Q1 2025. Here are the key points and statistics from the income statement and operations:

• Revenue: Decreased 4% year-over-year to $15,936, compared to $16,549 in Q1 2024.
• Cost of Goods Sold: Decreased 2% to $9,062 from $9,262, reflecting lower costs associated with the drop in revenue.
• Gross Profit: Fell 6% to $6,874 from $7,287, leading to a gross margin decline to 43.1% from 44.0%.
• Operating Income: Decreased 13% to $2,958 from $3,381, amid increased operating expenses.
• Net Income: Reported at $2,018, down from $2,160, translating to a Net Income per share of $0.20 (diluted) versus $0.21 in Q1 2024.
• Cash Flow: Cash provided by operating activities was $2,328, down significantly from $5,036 in the previous year.

Positive Aspects:

• Heightened revenue from the Legacy FitLife segment, which grew by 5% in Q1 due to strong online sales.
• Lower total operating expenses, particularly in advertising and marketing, which dropped by 14% to $1,053.

Negative Aspects:

• Decline in revenue from MRC brands and MusclePharm, causing an overall revenue decrease.
• Increased merger-related expenses from $134 to $332, adding pressure to the operating income.
• Substantial drop in net cash provided by operating activities year-over-year.

Overall, FitLife Brands is navigating some challenges, especially with declining revenue in certain segments, but remains competitive with growth in its core products and prudent cost management strategies. For more detailed financial insights, visit [FitLife Brands, Inc. @ StockInvest.us](https://stockinvest.us/stock/FTLF).