Fitlife Brands (FTLF) Research & Development (2011 - 2022)
Fitlife Brands (FTLF) posted Research & Development of $663000.0 for Q2 2022, down 2.5% on a QoQ basis from $680000.0 in Q1 2022, and down 7.4% year-over-year from $716000.0 in Q2 2021.
Fitlife Brands (FTLF) Research & Development (2011 - 2022) Analysis & Trends
Fitlife Brands' Research & Development history runs 12 years deep, the most recent figure standing at $663000.0 for Q2 2022.
- Quarterly Research & Development fell 7.4% year-over-year to $663000.0 in Q2 2022, while the trailing twelve-month figure through Jun 2022 was $2.5 million (up 5.74% YoY) and the FY2021 annual result came in at $2.6 million, up 21.75% from the prior year.
- Research & Development was $663000.0 for Q2 2022 at Fitlife Brands, down from $680000.0 in the prior quarter.
- Across five years, Research & Development topped out at $806000.0 in Q1 2018 and bottomed at $435000.0 in Q2 2020.
- A 5-year average of $616166.7 and a median of $618000.0 in 2018 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2018 — Research & Development sank 34.02% — and 2021, when it soared 64.6%.
- Fitlife Brands' Research & Development stood at $620000.0 in 2018, then advanced by 2.9% to $638000.0 in 2019, then slipped by 23.04% to $491000.0 in 2020, then increased by 16.9% to $574000.0 in 2021, then rose by 15.51% to $663000.0 in 2022.
- Business Quant data shows FTLF's Research & Development at $663000.0 in Q2 2022, $680000.0 in Q1 2022, and $574000.0 in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn | - |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn | - |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn | - |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn | - |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn | - |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn | - |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn | - |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn | - |
| 10 | Fitlife Brands | 96.26 Mn | 94.61 Mn | 8.94 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 663,000.00 |
| Mar 31, 2022 | 680,000.00 |
| Dec 31, 2021 | 574,000.00 |
| Sep 30, 2021 | 605,000.00 |
| Jun 30, 2021 | 716,000.00 |
| Mar 31, 2021 | 669,000.00 |
| Dec 31, 2020 | 491,000.00 |
| Sep 30, 2020 | 509,000.00 |
| Jun 30, 2020 | 435,000.00 |
| Mar 31, 2020 | 671,000.00 |
| Dec 31, 2019 | 638,000.00 |
| Sep 30, 2019 | 583,000.00 |
| Jun 30, 2019 | 616,000.00 |
| Mar 31, 2019 | 550,000.00 |
| Dec 31, 2018 | 620,000.00 |
| Sep 30, 2018 | 547,000.00 |
| Jun 30, 2018 | 718,000.00 |
| Mar 31, 2018 | 806,000.00 |
| Dec 31, 2017 | 835,000.00 |
| Sep 30, 2017 | 829,000.00 |