Fitlife Brands, Inc. · NASDAQ:FTLF
Fitlife Brands — Q3 2014 Earnings Presentation
8 slides from Fitlife Brands's earnings presentation, Nov 14, 2014
Slide 1: Q3 2014 Operating Results
FTLF FITLIFE@ Q3 2014 Operating Results | November 2014
Slide 2: Safe Harbor Statement
FTLF Safe Harbor Statement Statements in this presentation that are forward looking involve known and unknown risks and uncertainties, which may cause the Company’s actual results in future periods to be materially different from any future performance that may be suggested in this presentation. Suc
Slide 3: Total Revenue
FTLF Total Revenue Q3 2014 Revenue +12% 2014 YTD Revenue +11% $55 $18.0 $178 $17.5 $17.0 Millions 165 ro $160 $16.0 155 $15.0 2013 2014 2013 2014 FITLIFE@
Slide 4: Net Income
FTLF Net Income Q3 2014 Net Income +16% 2014 YTD Net Income +41% $564 $2,183 $1,543 2013 2014 2013 2014 FITLIFE@
Slide 5: Earnings Per Share
FTLF Earnings Per Share Q3 2014 Diluted EPS +40% $0.07 } 2013 2014 $0.00 2014 YTD Diluted EPS +47% $0.25 $0.17 2013 2014 FITLIFE@
Slide 6: Target Operating Results
Target Operating Results FTLF Gross Margin Operating Expenses Net Margin 3-5 Year Targets 33% to 37% 23% to 28% 6% to 8% YTD 2013 YTD 2014 36.8% 26.8% 9.6% 36.2% 22.8% 12.3% Q3 13 35.8% 25.9% 9.9% Q3’14 33.6% 22.0% 10.3% FITLIFE@
Slide 7: Balance Sheet
Balance Sheet FTLF Cash A/R DSO Inventory turns Long-term Debt Line of Credit Equity Dec. 2013 {in 000’s) $3,305 30 4.2x $2,436 $437 $4,809 Sept. 2014 {in 000’s) $3,618 50 5.1x $2,071 $437 $7,213 Details DSO Target 45 — 60 days Target 4 to 6 turns 5-year term @ 3.6% $3 million total line FITLIFE@
Slide 8: Net Margin
FTLF Net Margin Net Margin — Target 6% to 8% — 3Q2014-10.3% — Consistently within or above targeted range 200% 12011 22011 03 2011 42011 12012 A22012 032012 Q4 2012 a1 2013 022013 3.2013 As 2013 Q12014 G22016 a3 2014 * 40.2012 excludes tax benefit of approximately $700K FITLI FE®