Mannatech, Incorporated
Description
Mannatech, Incorporated operates as a health and wellness company in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company develops, markets, and sells nutritional supplements; topical and skin care, and anti-aging products; and weight-management and fitness products. It primarily sells its products directly, as well as through e-commerce and network marketing channels. Mannatech, Incorporated was incorporated in 1993 and is headquartered in Flower Mound, Texas.
About
CEO
Mr. Landen Granvel Fredrick
Employees
213
Instrument type
Common Stock
Sector
Consumer Defensive
Industry
Food Distribution
MIC code
XNCM
Address
1410 Lakeside Parkway, Flower Mound, TX 75028, United States
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Oscillators
No data available
Summary
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Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 11, 2025 | — | — | — | — |
| Aug 11, 2025 | — | — | — | — |
| May 12, 2025 | — | — | — | — |
| Mar 26, 2025 | — | — | — | — |
| May 12, 2023 | — | 0.32 | — | — |
Earnings estimate
| Number of analysts | — | — | — | — |
|---|---|---|---|---|
| Average estimate | — | — | — | — |
| Low estimate | — | — | — | — |
| High estimate | — | — | — | — |
| Last year EPS | — | — | — | — |
[stock_revenue_estimate]
Growth estimates
Current qtr
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Next qtr.
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Current year
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Next year
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Next 5 years (per annum)
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Past 5 years (per annum)
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Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 131.96M | 137.21M | 159.76M | 151.41M | 157.73M |
| Cost of revenue | 29.09M | 33.06M | 34.15M | 35.51M | 31.55M |
| Gross profit | 102.87M | 104.15M | 125.61M | 115.90M | 126.18M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 48.61M | 47.44M | 29.43M | 27.85M | 30.82M |
| Other operating expenses | 53.59M | 55.48M | 85.42M | 81.58M | 86.83M |
| Operating income | -964,000 | -405,000 | 9.05M | 4.49M | 6.43M |
| Non operating interest income | |||||
| Income | 4,000 | 88,000 | 66,000 | — | -16,000 |
| Expense | — | — | — | — | — |
| Other income expense | -170,000 | -162,000 | -223,000 | 1.15M | -681,000 |
| Pretax income | -1.13M | -479,000 | 8.89M | 5.73M | 5.74M |
| Tax provision | 1.11M | 4.01M | -950,000 | -536,000 | 2.45M |
| Net income | -2.24M | -4.49M | 9.84M | 6.26M | 3.29M |
| Basic EPS | -1.20 | -2.35 | 4.95 | 2.80 | 1.38 |
| Diluted EPS | -1.20 | -2.35 | 4.71 | 2.77 | 1.35 |
| Basic average shares | 1.87M | 1.91M | 1.99M | 2.24M | 2.39M |
| Diluted average shares | 1.87M | 1.91M | 1.99M | 2.24M | 2.39M |
| EBITDA | 664,000 | 1.22M | 10.77M | 6.48M | 8.52M |
| Net income from continuing op. | -2.24M | -4.49M | 9.84M | 6.26M | 3.29M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 41.21M | 49.13M | 59.61M | 65.26M | 62.93M |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 7.73M | 13.78M | 24.19M | 22.21M | 24.76M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 91,000 | 218,000 | 90,000 | 186,000 | 955,000 |
| Other receivables | — | — | — | — | — |
| Inventory | 14.54M | 14.73M | 12.02M | 12.83M | 10.15M |
| Prepaid assets | — | — | 2.89M | 2.96M | 2.24M |
| Restricted cash | 938,000 | 944,000 | 944,000 | 944,000 | 943,000 |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 1.77M | 2.39M | 2.89M | 2.96M | 2.24M |
| Non current assets | |||||
| Properties | 1.24M | 182,000 | 177,000 | 260,000 | 269,000 |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | 51.48M | 51.60M | 50.79M | 50.94M | 50.05M |
| Construction in progress | 1.49M | 1.68M | 3.26M | 3.06M | 3.07M |
| Leases | 3.87M | 4.08M | 4.29M | 4.51M | 4.23M |
| Accumulated depreciation | -52.63M | -52.48M | -52.37M | -51.21M | -49.29M |
| Goodwill | 200,000 | 200,000 | — | — | — |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 200,000 | 200,000 | — | — | — |
| Investments and advances | 2.20M | 2.30M | 2.40M | 2.60M | 1.60M |
| Other non current assets | 2.40M | 2.02M | 3.53M | 5.72M | 6.38M |
| Total liabilities | 30.72M | 34.95M | 35.21M | 39.36M | 35.65M |
| Current liabilities | |||||
| Accounts payable | 4.01M | 4.36M | 3.97M | 4.80M | 3.53M |
| Accrued expenses | 2.70M | 3.24M | 4.08M | 3.55M | 3.49M |
| Short term debt | 2.17M | 1.92M | 1.77M | 2.70M | 2.45M |
| Deferred revenue | 5.30M | 5.75M | 5.64M | 6.18M | 4.77M |
| Tax payable | 1.72M | 3.57M | 2.47M | 1.89M | 2.62M |
| Pensions | 1.71M | 1.74M | 2.57M | 1.88M | 2.31M |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 3.56M | 4.29M | 66,000 | 129,000 | 539,000 |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | 3,000 | 3,000 |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | -14,000 | 26,000 | 5.05M | 7.25M | 6.21M |
| Shareholders equity | |||||
| Common stock | — | — | — | — | — |
| Retained earnings | -1.30M | 1.69M | 7.71M | 2.21M | -690,000 |
| Other shareholders equity | -1.02M | -208,000 | 2.34M | 5.15M | 3.76M |
| Total shareholders equity | 10.48M | 14.18M | 24.41M | 25.97M | 27.28M |
| Additional paid in capital | 33.31M | 33.38M | 33.28M | 33.80M | 34.14M |
| Treasury stock | 20.51M | 20.68M | 18.92M | 15.19M | 9.94M |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | -2.24M | -4.49M | 9.84M | 6.26M | 3.29M | -3.89M | -1.79M | -586,000 | 5.84M | 6.50M | 3.17M | -1.39M | -20.66M | -10.62M | -17.37M | -12.63M | 6.59M | 32.39M | 28.65M | 19.55M | 8.79M | 1.89M | -3.66M | -7.35M | 10.80M | 10.10M |
| Depreciation | 1.63M | 1.63M | 1.72M | 1.99M | 2.09M | 2.06M | 1.86M | 1.90M | 1.79M | 1.61M | 2.12M | 4.76M | 10.70M | 11.52M | 12.33M | 12.31M | 10.24M | 4.96M | 3.91M | 3.10M | 3.18M | 3.99M | 3.92M | 3.74M | 3.00M | 2.20M |
| Deferred Taxes | 121,000 | 1.23M | -1.73M | -280,000 | 1.06M | 1.17M | 2.14M | -1.27M | 154,000 | -1.66M | -2.11M | 583,000 | -380,000 | -2.04M | 761,000 | -3.06M | -2.44M | 5.36M | 3.09M | 156,000 | -2.06M | 219,000 | -1.71M | 298,000 | -800,000 | 900,000 |
| Stock-Based Compensation | 278,000 | 337,000 | 260,000 | 334,000 | 734,000 | 1.15M | 490,000 | 690,000 | 592,000 | 678,000 | 173,000 | 209,000 | 356,000 | 630,000 | 636,000 | 727,000 | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | 1.90M | 1.87M | 2.20M | 1.94M | 1.73M | — | — | 24,000 | 658,000 | 646,000 | -84,000 | 209,000 | -17.00M | -8.35M | 1.58M | 1.32M | 2.39M | 1.16M | — | — | 1,000 | — | — | — | — | 200,000 |
| Accounts Receivable | -433,000 | -183,000 | 516,000 | -227,000 | -860,000 | 240,000 | 378,000 | -2.09M | -266,000 | -713,000 | 589,000 | -36,000 | 88,000 | 7.36M | -4.93M | -1.08M | -467,000 | -2.62M | -161,000 | -4.42M | 822,000 | -278,000 | 2.32M | -2.60M | -200,000 | 400,000 |
| Accounts Payable | -351,000 | 392,000 | -828,000 | 1.27M | -3.20M | 716,000 | 710,000 | 2.55M | -1.56M | -709,000 | 883,000 | -646,000 | -730,000 | -5.79M | 6.25M | 1.41M | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | -472,000 | -2.35M | 24,000 | -3.33M | 1.75M | -6.02M | 2.49M | -3.60M | -323,000 | 525,000 | 1.80M | 593,000 | 2.06M | 2.07M | -3.79M | -10.45M | 2.88M | 1.52M | 3.35M | 5.42M | 6.85M | 1.80M | 6.93M | -1.08M | -8.30M | 2.00M |
| Operating Cash Flow | 436,000 | -1.57M | 12.01M | 7.96M | 6.60M | -4.57M | 6.29M | -2.38M | 6.89M | 6.87M | 6.54M | 4.28M | -25.57M | -5.23M | -4.53M | -11.46M | 19.19M | 42.77M | 38.83M | 23.81M | 17.58M | 7.62M | 7.79M | -7.00M | 4.50M | 15.80M |
| Investing Activities | ||||||||||||||||||||||||||
| Capital Expenditures | -748,000 | -1.06M | -650,000 | -949,000 | -1.22M | -2.34M | -1.34M | -2.29M | -1.98M | -1.53M | -602,000 | -379,000 | -777,000 | -1.77M | -2.76M | -5.61M | -13.41M | -26.70M | -13.11M | -7.24M | -892,000 | -976,000 | -1.32M | -4.11M | -3.20M | -4.60M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -7.40M | 1,000 | -8.01M | -276,000 | -7.08M | — | — | — | — | — | — |
| Sale of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 20.35M | 12.42M | — | — | — | — | — | 1,000 | 2.29M | — | — |
| Investing Cash Flow | -747,000 | -1.06M | -650,000 | -947,000 | -1.22M | -2.28M | -1.34M | -2.29M | -1.98M | -1.53M | -601,000 | -268,000 | -623,000 | 1.93M | -1.29M | 7.20M | -7.84M | -35.69M | -15.65M | -12.49M | -12.50M | -1.29M | -1.19M | -1.69M | -4.60M | -4.50M |
| Financing Activities | ||||||||||||||||||||||||||
| Long-Term Debt Issuance | — | — | — | 2.24M | — | — | — | — | 1.64M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | -991,000 | -817,000 | -435,000 | -2.87M | -1.22M | -1.54M | -1.57M | -1.55M | -1.53M | -1.54M | -1.58M | -1.07M | -1.16M | -1.39M | -473,000 | -115,000 | — | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | — | — | — | — | — | — | — | -1.55M | -1.53M | 32,000 | 35,000 | -1.07M | — | — | — | — | 100,000 | 497,000 | — | — | — | — | — | -500,000 | -600,000 | -2.60M |
| Financing Cash Flow | -1.92M | -4.33M | -9.83M | -9.92M | -2.71M | -12.17M | -3.15M | -4.05M | -1.41M | -1.51M | -1.54M | -2.15M | -1.17M | -1.39M | -1.53M | -5.94M | -9.27M | -13.96M | -13.76M | -1.96M | 2.92M | — | 241,000 | -137,000 | -1.30M | -12.50M |
| Other Cash Details | ||||||||||||||||||||||||||
| End Cash Position | 9.39M | 15.20M | 25.63M | 27.50M | 31.00M | 30.58M | 46.76M | 28.69M | 31.99M | 28.00M | 20.40M | 14.38M | 18.06M | 21.58M | 17.37M | 30.95M | 47.10M | 45.70M | 56.21M | 44.20M | 28.29M | 17.69M | 9.93M | 5.74M | 11.60M | 800,000 |
| Income Tax Paid | 2.55M | 715,000 | 137,000 | 989,000 | 996,000 | 800,000 | 1.69M | 1.78M | 4.66M | 4.25M | 2.23M | 876,000 | 480,000 | 7.13M | 2.44M | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | 100,000 | 32,000 | 31,000 | 71,000 | 126,000 | 64,000 | 68,000 | 113,000 | 89,000 | 119,000 | 137,000 | 171,000 | 167,000 | 117,000 | 50,000 | 17,000 | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | -3.12M | -3.66M | 10.12M | 5.08M | 3.70M | -2.56M | 8.98M | -2.31M | 2.41M | 7.89M | 7.93M | -1.91M | -3.65M | 2.23M | -13.11M | -25.50M | 4.37M | 13.19M | 29.85M | 22.62M | 19.31M | 8.72M | 6.10M | -8.67M | 1.60M | 13.60M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 30,953 | 355,959 | 1.64% |
| Bridgeway Funds Inc-Ultra Small Company Fund | Sep 30, 2024 | 23,388 | 268,962 | 1.24% |
| Bridgeway Funds Inc-Ultra Small Company Market Fund | Sep 30, 2024 | 8,298 | 95,427 | 0.44% |
| Bridgeway Fds Inc-Omni Small Cap Value Fund | Sep 30, 2024 | 8,378 | 96,347 | 0.44% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 7,559 | 86,928 | 0.40% |
| EA Series Trust-EA Bridgeway Omni Small-Cap Value ETF | Sep 30, 2024 | 5,650 | 64,975 | 0.30% |
| Fidelity Extended Market Index Fund | Nov 30, 2024 | 5,001 | 57,511 | 0.27% |
| Dimensional ETF Tr-Dimensional U.S. Targeted Value ETF | Oct 31, 2024 | 2,523 | 29,014 | 0.13% |
| Fidelity NASDAQ Composite Index Fund | Nov 30, 2024 | 1,393 | 16,019 | 0.07% |
| Fidelity Series Total Market Index Fund | Nov 30, 2024 | 1,317 | 15,145 | 0.07% |
Article
Mannatech Announces Appointment of Robert A. Toth as Vice Chairman of the Board of Directors
FLOWER MOUND, Texas--(BUSINESS WIRE)--Robert A. Toth Appointed as Vice Chairman of Mannatech's Board of Directors.
Nov 26, 2024
Article
Mannatech Reports Financial Results for Third Quarter 2024
FLOWER MOUND, Texas--(BUSINESS WIRE)--Mannatech, Incorporated (NASDAQ: MTEX), ("Mannatech" or "Company"), global health and wellness company committed to transforming lives to make a better world, today announced financial results for its third quarter of 2024. Third Quarter Highlights Net sales for the quarter ended September 30, 2024 were $31.7 million, as compared to $32.6 million for the same period in 2023, a decrease of $0.9 million, or 2.5%. On a Constant dollar basis (see Non-GAAP Measu.
Nov 12, 2024
Article
Mannatech Reports Financial Results for Second Quarter 2024
FLOWER MOUND, Texas--(BUSINESS WIRE)--Mannatech, Incorporated (NASDAQ: MTEX), ("Mannatech" or "Company"), global health and wellness company committed to transforming lives to make a better world, today announced financial results for its second quarter of 2024. Second Quarter Highlights Net sales for the quarter ended June 30, 2024 were $27.7 million, as compared to $32.6 million for the same period in 2023, a decrease of $4.9 million, or 14.9%. On a Constant dollar basis (see Non-GAAP Measure.
Aug 13, 2024
