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
DateValue
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