
Group 1: Fitlife Brands, Inc. (FTLF) - Fitlife Brands, Inc. has a market cap of $153 million and TTM sales of $59 million, with Q2 revenue growth of 14.7% year-over-year and adjusted EBITDA growth of 29% [1] - The gross margin increased by 480 basis points year-over-year to 44.8%, driven by higher margin online sales and effective cost optimization [2] - The company has been acquiring well-known brands and successfully rejuvenating them, such as MusclePharm, integrating them into their marketing ecosystem [2] - The asset-light model with a high percentage of online sales supports strong free cash flow, and the strength in wellness and fitness trends appears sustainable [3] Group 2: Steel Partners Holdings L.P. (SPLP) - Steel Partners Holdings has a market cap of $800 million and TTM sales of $1.9 billion, with the Diversified Industrial segment contributing 62.7% to total revenues in 2023 [4][5] - Revenue grew by 6.4% year-over-year in Q2, with adjusted EBITDA growth of 13.8% year-over-year, supported by the consolidation of its Supply Chain segment [5] - The company reduced its debt from $191.4 million to $78.7 million over the last six months, resulting in a significant reduction in interest expense, and has $256.4 million in cash and cash equivalents [6] - The stock is currently trading at 1.28X trailing 12-month EV/EBITDA, compared to 14.44X for the Zacks sub-industry and 18.88X for the S&P 500 index [7]