FitLife Brands, Inc. (FTLF) Q1 2025 Earnings Call Transcript

FitLife Brands, Inc. (NASDAQ:FTLF) Q1 2025 Earnings Conference Call May 15, 2025 4:30 PM ET

Company Participants

Dayton Judd – Chief Executive Officer
Jakob York – Chief Financial Officer

Conference Call Participants

Ryan Meyers – Lake Street Capital Markets
Sean McGowan – ROTH Capital Partners
James Bogan – Legend Capital
Samir Patel – Askeladden Capital
William Anderson – Bard Associates

Operator

Good day and welcome to the FitLife brand’s first quarter 2025 financial results conference call. At this time, all participants have been placed on a listen only mode. The floor will be open for questions and comments following the presentation.

It is now my pleasure to turn the floor over to your host, Dayton Judd, Chief executive officer at FitLife Brands. Sir, the floor is yours.

Dayton Judd

Thank you, Paul. I would like to welcome everyone to FitLife’s First Quarter 2025 Earnings Call. We appreciate you taking the time to join us this afternoon.

Joining me on this call is FitLife’s CFO, Jakob York; and FitLife’s EVP, Ryan Hansen. As we typically do, I’ll provide some opening commentary to get us started, and then we’ll open the call up for Q&A. My opening remarks will be a bit more brief than on previous calls since we provided a fairly specific preview of our first quarter performance during our fourth quarter earnings call at the end of March.

As a reminder, the company effected a two-for-one forward stock split on February 7, 2025. All per share amounts in our 10-Q, press release and discussion today have been retroactively adjusted to account for the forward split.

For the company overall, for the first quarter of 2025, total revenue declined 4% year-over-year to $15.9 million. Online sales were $10.6 million or 67% of total revenue. Gross profit declined 6% and gross margin declined from 44% in the first quarter of last