Bond Labs (OTCBB: BNLB) Diet, Workout and Health Products Fuel Bodies and Record Revenues

Palm Beach, FL 2/23/12 (StreetBeat) -- Proprietary nutritional supplements provider Bond Laboratories, Inc. (OTCBB:BNLB) could be viewed as one of those small cap companies that is coiling like a spring and just waiting for the release point to catapult higher. The Nebraska-based company operates primarily through its wholly-owned NDS Nutrition Products division, an outfit that continues to post larger revenues year-over-year and expand its product offerings in the $24 billion domestic nutritional supplements market.

Since 2010 Bond Labs has introduced 28 new products into its growing footprint of domestic GNC (NYSE:GNC) franchise locations. Revenue from new products launched over the past 24 months represented almost 44% of total revenue for the year ended December 31, 2011.

“Product innovation remains a key cornerstone of our brand identity and critical to our growth strategy,” said John Wilson, Bond Labs’ Chief Executive Officer in a recent company press release.

The company’s unaudited financials show record revenue of $12.1 million for the year ended December 31, 2011, a nearly 50 percent increase compared to $8.1 million for the year ended December 31, 2010. The glaring about-face in these numbers is seen through the company finally achieving profitability as it registered positive net income of almost $600,000 and cash from operations of more than $100,000 for the year as compared to a net loss of $3.2 million and cash used in operations of $1.9 million for the year prior.

Moreover, the company is debt-free aside from its existing credit line.
Bond’s products are now found in more than 800 GNC stores. While that number is certainly formidable, there is considerable headroom for growth as GNC has more than 7,600 locations in 53 countries, of which more than 5,900 retail locations are in the United States (including 924 franchise and 2,125 Rite Aid franchise store-within-a-store locations).

Many NDS products are seeing prime shelf space and have moved into top-selling products at GNC stores, including the likes of Cardio Cuts, Intensify Xtreme, ACG3® in the pre-workout category, Core Fuel® in the post-workout category and Flex Stack® in the sports nutrition category. It has been more than a year for Pump Fuel® being a product of choice for work-out enthusiast as it continues to be one of the top selling pre-workout products for GNC as well.

The ingredient raspberry ketone in NDS Intensify Xtreme also recently was trumpeted on the hit Dr. Oz Show. During a segment earlier this month Dr. Mehmet Oz touted over-the-counter raspberry ketone supplements as a “miracle fat-burner in a bottle.”

As Bond and NDS continue to build their robust portfolio of supplements and penetrate deeper into domestic and foreign markets, the current $6.7 million market cap should start to materialize to better reflect the increased revenue and profitability of the company. Shares are still under a dime to start today’s trading with a 52-week high of 16 cents. Insider’s hold nearly 50 percent of the 74 million shares outstanding; showing a strong allegiance to the company, but still leaving enough shares as freely tradable to see a substantial increase in average daily trading volumes as more investors come to recognize what Bond Labs has to offer.

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