Fitlife Brands (FTLF) Research & Development (2011 - 2022)
Fitlife Brands' (FTLF) quarterly Research & Development came in at $663000.0 in Q2 2022, down 7.4% YoY from $716000.0 in Q2 2021, and down 2.5% on a QoQ basis from $680000.0 in Q1 2022.
Fitlife Brands (FTLF) Research & Development (2011 - 2022) Analysis & Trends
Fitlife Brands (FTLF) has 12 years of Research & Development data on file, last reported at $663000.0 in 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 declined to $663000.0 in Q2 2022, from $680000.0 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $806000.0 in Q1 2018 to a low of $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 slumped 34.02% — and 2021, when it soared 64.6%.
- Tracing FTLF's Research & Development over 5 years: stood at $620000.0 in 2018, then rose by 2.9% to $638000.0 in 2019, then retreated by 23.04% to $491000.0 in 2020, then climbed by 16.9% to $574000.0 in 2021, then grew by 15.51% to $663000.0 in 2022.
- The last three Research & Development figures came in at $663000.0 (Q2 2022), $680000.0 (Q1 2022), and $574000.0 (Q4 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.28 Bn | 27.60 Bn | 2.03 Bn | - |
| 2 | General Mills | 21.38 Bn | 20.93 Bn | 1.60 Bn | - |
| 3 | Mccormick | 15.02 Bn | 14.69 Bn | 778.20 Mn | - |
| 4 | Jbs | 14.87 Bn | 11.40 Bn | 4.91 Bn | - |
| 5 | J M Smucker | 13.22 Bn | 13.16 Bn | 862.10 Mn | - |
| 6 | Hormel Foods | 13.16 Bn | 12.30 Bn | 518.51 Mn | - |
| 7 | Magnum Ice Cream | 12.13 Bn | 11.41 Bn | - | - |
| 8 | Darling Ingredients | 10.35 Bn | 10.19 Bn | 503.37 Mn | - |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | - |
| 10 | Fitlife Brands | 93.13 Mn | 92.04 Mn | 9.81 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 |