LFTD Partners 2022 Revenue Grows 81% To $57.42M

LFTD Partners Inc. LIFD 2022 revenue increased 81% to $57.42 million, up from $31.66 million in 2021.

Financial Highlights - 2022 Compared to 2021:

• Net income increased 24% to $7.2 million, up from $5.8 million

• Basic earnings per share ("EPS") increased 2% to $0.51 per share, up from $0.50

• Diluted EPS up 5% to $0.45 per share, up from $0.43

Financial Highlights - Q4 2022 Compared to Q4 2021:

• Revenue decreased 12% to $11.31 million, down from $12.79 million

• Net income decreased 55% to $608,589, down from $1.35 million - the tenth consecutive quarter of positive GAAP net income

• Basic EPS decreased 60% to $0.04 per share, down from $0.10

• Diluted EPS decreased 50% to $0.04 per share, down from $0.08

Balance Sheet Highlights - December 31, 2022 Compared to December 31, 2021:

• Cash on hand increased 120% to $3.53 million up from $1.6 million

• Working capital increased 513% to $7.64 million up from $1.25 million

• No debt as of December 31, 2022

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