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FitLife Brands (FitLife Brands) Operating Income : $10.65 Mil (TTM As of Mar. 2024)


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What is FitLife Brands Operating Income?

FitLife Brands's Operating Income for the three months ended in Mar. 2024 was $3.52 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $10.65 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. FitLife Brands's Operating Income for the three months ended in Mar. 2024 was $3.52 Mil. FitLife Brands's Revenue for the three months ended in Mar. 2024 was $16.55 Mil. Therefore, FitLife Brands's Operating Margin % for the quarter that ended in Mar. 2024 was 21.24%.

Good Sign:

FitLife Brands Inc operating margin is expanding. Margin expansion is usually a good sign.

FitLife Brands's 5-Year average Growth Rate for Operating Margin % was 29.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. FitLife Brands's annualized ROC % for the quarter that ended in Mar. 2024 was 21.49%. FitLife Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 219.12%.


FitLife Brands Operating Income Historical Data

The historical data trend for FitLife Brands's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FitLife Brands Operating Income Chart

FitLife Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.49 4.35 6.23 5.96 9.18

FitLife Brands Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.05 2.70 2.50 1.93 3.52

FitLife Brands Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.65 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


FitLife Brands  (NAS:FTLF) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

FitLife Brands's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=14.06 * ( 1 - 27.2% )/( (49.028 + 46.215)/ 2 )
=10.23568/47.6215
=21.49 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

FitLife Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=13.524/( ( (0.258 + max(6.785, 0)) + (0.217 + max(5.084, 0)) )/ 2 )
=13.524/( ( 7.043 + 5.301 )/ 2 )
=13.524/6.172
=219.12 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.046 + 9.091 + 1.398) - (5.179 + 0 + 0.571)
=6.785

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.269 + 8.869 + 1.201) - (6.731 + 0 + 0.524)
=5.084

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. Operating Income is also linked to Operating Margin %:

FitLife Brands's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=3.515/16.549
=21.24 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


FitLife Brands Operating Income Related Terms

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FitLife Brands (FitLife Brands) Business Description

Traded in Other Exchanges
Address
5214 South 136th Street, Omaha, NE, USA, 68137
FitLife Brands Inc is a provider of proprietary nutritional supplements for health-conscious consumers. The company markets and sells its products under NDS, PMD, Siren labs, Core active, Metis nutrition, Isatori and Biogenetic laboratories brand names. Its product portfolio consists of sports nutrition, energy, and sports drink products, meal replacement products and weight loss products. The firm derives its revenue from product sales. Its product categories include Natural & Organic Foods, Functional Foods, Natural & Organic Personal Care and Household Products and Supplements.
Executives
Jakob York officer: CHIEF FINANCIAL OFFICER C/O FITLIFE BRANDS, INC., 5214 S. 136TH STREET, OMAHA NE 68137
Ryan Patrick John Phillip officer: Chief Retail Officer 16301 FLINT ST, OVERLAND PARK KS 66221
Todd Ordal director 15000 W. 6TH AVENUE, SUITE 202, GOLDEN CO 80401
Lewis Jaffe director 201 MERRITT 7 CORPORATE PARK, NORWALK CT 06851
Judd Dayton director 878 S. DENTON TAP RD., SUITE 220, COPPELL TX 75019
Susan Kinnaman officer: Chief Financial Officer 5214 S. 136TH STREET, OMAHA NE 68137
Seth Yakatan director 231 NORMAN AVENUE, BROOKLYN NY 11222
Stephen D. Adele director, officer: CEO, iSatori, Inc. 15000 W. 6TH AVENUE, SUITE 202, GOLDEN CO 80401
Jeffrey N. Greenblatt 10 percent owner 14 EAST 60TH STREET, SUITE 600, NEW YORK NY 10022
Grant Robert Dawson director C/O GLOWPOINT, INC., 430 MOUNTAIN AVENUE, SUITE 301, MURRAY HILL NJ 07974
Fadi M. Aramouni director 3017 JEANIE LANE, MANHATTAN KS 66502
Jason T Adelman 10 percent owner 900 PARK AVENUE, APARTMENT 15A, NEW YORK NY 10021
Michael S Abrams officer: Chief Financial Officer 64 RAMSHEAD ROAD, RAYNHAM MA 02767
John S Wilson director, officer: CHIEF EXECUTIVE OFFICER 11011 Q STREET, BUILDING A, SUITE 106, OMAHA NE 68137
Landers Elorian Connard director

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