Smart for Life, Inc.
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- Smart for Life, Inc. Smart for Life, Inc. (Nasdaq: SMFL) acquires, develops, manufactures, operates, markets and sells nutraceutical and related wellness products in the United States and internationally; offers natural health and meal replacement products including nutrition bars, cookies, soups, shakes, vitamins and supplement powders, tablets and soft gels under the Smart for Life brand; provides dietary supplements and sports nutrition such as whey protein isolate powder, joint health tablets, nitric oxide boosters, post-workout blends, Omega-3 capsules and pre-workout formulas under brands including Sports Illustrated Nutrition and GSP for athletes and active consumers; supplies additional nutritional items like antioxidant-rich supplements, plant-based proteins, alkalizing nutrients and weight management aids; and operates a cost-per-action/cost-per-acquisition network supporting digital marketers in product sales and lead generation, with retail through online platforms and stores. Founded in 2002 and headquartered in Miami, Florida, the company pursues a buy-and-build strategy in the health and wellness sector targeting consumers seeking convenient nutritional solutions. In 2024, Smart for Life executed a definitive agreement to acquire Purely Optimal Nutrition, a profitable eCommerce nutraceuticals firm expected to add over $8 million in annualized revenue and $1 million in adjusted EBITDA; engaged Amerivest Group to expand its acquisition pipeline amid restructuring that included debt-to-equity conversions, senior debt liquidation and divestitures of underperforming assets; and provided updates on negotiations for four additional profitable health and wellness targets while attending industry events like Newtopia Now 2024 to explore partnerships.
Company News
Smart for Life Reports Significant Balance Sheet Improvement; Achieves Over $9.4 Million in Positive Net Stockholders' Equity Following Successful Restructuring Efforts
Smart for Life Provides Update Following Nasdaq Delisting Due to Audit Delays; Reports Plans to Reapply to Nasdaq Upon Full Compliance
Smart for Life to Attend the Newtopia Now 2024 Conference in Colorado
Smart for Life Provides Update on Prospective Acquisitions
Smart for Life Announces Update on Prospective Acquisitions
Smart for Life Announces Appointment of Jessica Walters as Chief Marketing Officer
Smart for Life to Attend IFT FIRST Annual Event and Expo in Chicago
Smart for Life to be Featured in Whole Foods Magazine Highlighting Product Offerings, Strategic Acquisitions and Expansion Initiatives
Smart for Life to Attend IFT FIRST, the Premier Food Science and Technology Event
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Smart for Life Announces Updates on Successful Completion of Restructuring Program
Smart for Life to Attend the 2024 NASC Annual Conference
Smart for Life to Attend Vitafoods Europe 2024: Positioned to Identify Strategic Partnerships and Potential Acquisitions
Smart For Life to Attend National Pet Food Forum on April 29 to May 2
Smart for Life Announces Availability of a White Paper on the Nutraceuticals Industry
Smart for Life Appoints Prominent Industry Executive David Trosin to Company's Advisory Board
Smart for Life Announces the Successful Completion of Restructuring Program