Mannatech Inc. (MTEX) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 23	—	$0.32	—	—	$34.1M	—
Q4 22	—	-$3.78	—	—	$34.3M	—
Q3 22	—	$0.61	—	—	$35.5M	—
Q2 22	—	$0.34	—	—	$35M	—
Q1 22	—	$0.06	—	—	$32.4M	—
Q4 21	—	$1.25	—	—	$39.5M	—
Q3 21	—	$1.44	—	—	$39.4M	—
Q2 21	—	$0.99	—	—	$42.5M	—
Q1 21	—	$1.04	—	—	$38.3M	—
Q4 20	—	$0.34	—	—	$39.2M	—
Q3 20	—	$0.76	—	—	$38M	—
Q2 20	—	$0.47	—	—	$37.6M	—
Q1 20	—	$1.15	—	—	$36.6M	—
Q4 19	—	$0.87	—	—	$39.4M	—
Q3 19	—	-$0.62	—	—	$39.7M	—
Q2 19	—	$0.81	—	—	$40.7M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$8	—	—	$108M	—
FY24	—	$1.32	—	—	$117.9M	—
FY23	—	-$1.2	—	—	$132M	—
FY22	—	-$2.35	—	—	$137.2M	—
FY21

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$180.3M	$176.7M	$173.6M	$157.7M	$151.4M	$159.8M	$137.2M	$132M	$117.9M	$108M
YoY change	+0.02%	-2%	-1.78%	-9.12%	-4.01%	+5.52%	-14.1%	-3.83%	-10.7%	-8.34%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	180.3M	176.7M	173.6M	157.7M	151.4M	159.8M	137.2M	132M	117.9M	108M
Cost of revenue	36.6M	35.7M	34.5M	31.6M	35.5M	34.1M	33.1M	29.1M	26.4M	27.1M
Gross profit	143.7M	141M	139.1M	126.2M	115.9M	125.6M	104.1M	102.9M	91.5M	81M
Gross margin	79.7%	79.8%	80.1%	80%	76.5%	78.6%	75.9%	78%	77.6%	74.9%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	37.2M	35.5M	34.2M	30.8M	27.8M	29.4M	47.4M	48.6M	41.7M	39.7M
Operating expenses	141.2M	136.6M	137.1M	117.7M	109.4M	114.8M	102.9M	102.2M	90M	81.4M
Operating income	661K	2.5M	-90K	6.4M	4.5M	9M	-405K	-964K	1.4M	-426K
Operating margin	0.37%	1.43%	-0.05%	4.08%	2.97%	5.66%	-0.3%	-0.73%	1.21%	-0.39%
Non-operating income, net	-1.8M	-333K	291K	-681K	1.2M	-223K	-162K	-170K	2.6M	-2.1M
Pretax income	-955K	2.5M	489K	5.7M	5.7M	8.9M	-479K	-1.1M	3.7M	-2.9M
Income tax	-369K	4.2M	4.4M	2.4M	-536K	-950K	4M	1.1M	1.3M	12.3M
Net income	-586K	-1.8M	-3.9M	3.3M	6.3M	9.8M	-4.5M	-2.2M	2.5M	-15.2M
Net margin	-0.33%	-1.01%	-2.24%	2.09%	4.14%	6.16%	-3.27%	-1.7%	2.11%	-14.1%
EBITDA	4.3M	4.7M	1.7M	8.5M	6.5M	10.8M	1.2M	664K	5.6M	-1.4M
EPS	-0.22	-0.66	-1.53	1.38	2.8	4.95	-2.35	-1.2	1.32	-8
Diluted EPS	-0.22	-0.66	-1.53	1.35	2.77	4.71	-2.35	-1.2	1.32	-8

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	32.6M	32.7M	29.4M	27.7M	31.7M	29M	26.6M	25.7M	29.2M	26.6M	24.9M	26.6M
Cost of revenue	6.6M	8M	6.3M	6.4M	8.1M	5.6M	6.8M	6.8M	6.9M	6.6M	6.1M	6.2M
Gross profit	25.9M	24.6M	23.1M	21.4M	23.6M	23.4M	19.7M	18.9M	22.3M	20.1M	18.9M	20.5M
Gross margin	79.6%	75.4%	78.6%	77.1%	74.5%	80.5%	74.3%	73.6%	76.4%	75.3%	75.7%	76.9%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	12.6M	28M	10.2M	10.9M	9.8M	10.4M	10M	10.8M	9.1M	9.8M	9.3M	9M
Operating expenses	25.8M	25.1M	21.9M	22.5M	22.7M	22.5M	20.6M	20.3M	20.3M	20.2M	19M	19.5M
Operating income	172K	-895K	820K	-1.1M	887K	864K	-833K	-1.4M	2M	-157K	-180K	998K
Operating margin	0.53%	-2.74%	2.79%	-4.12%	2.8%	2.98%	-3.14%	-5.62%	6.88%	-0.59%	-0.72%	3.74%
Non-operating income, net	320K	-973K	871K	1.1M	-1.5M	2.1M	-418K	-2.7M	611K	494K	1.4M	284K
Pretax income	475K	-1.9M	1.7M	-128K	-717K	2.9M	-1.3M	-4.3M	2.5M	210K	1.1M	1.2M
Income tax	457K	-105K	529K	496K	-389K	614K	206K	23K	590K	11.5M	161K	150K
Net income	18K	-1.8M	1.2M	-624K	-328K	2.3M	-1.5M	-4.3M	1.9M	-11.3M	950K	1M
Net margin	0.06%	-5.37%	4.01%	-2.25%	-1.03%	7.8%	-5.76%	-16.8%	6.6%	-42.4%	3.81%	3.81%
EBITDA	942K	-491K	1.2M	-756K	-237K	3.3M	-540K	-3.9M	2.9M	597K	81K	1.5M
EPS	0.01	—	0.63	-0.33	-0.17	—	-0.8	-2.27	1.01	-5.94	0.49	0.53
Diluted EPS	0.01	—	0.63	-0.33	-0.17	—	-0.8	-2.27	1.01	-5.94	0.49	0.53

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	54.6M	40.6M	47.8M	38.5M	41.6M	—	34.2M	15.1M	25.3M	15.7M	15.1M
Enterprise value	27.9M	4.1M	27.7M	16.7M	22.2M	—	26.7M	13.1M	20.6M	16.9M	15.4M
Shares outstanding	2.7M	2.7M	2.5M	2.4M	2.2M	2M	1.9M	1.9M	1.9M	1.9M	1.9M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	11.7	6.64	—	—	—	10.2	—	7.99
P/S	0.3	0.23	0.28	0.24	0.27	—	0.25	0.11	0.21	0.15	0.14
P/B	1.4	1.01	1.89	1.41	1.6	—	2.42	1.44	2.94	-3	-3.05
EV/EBITDA	6.41	0.87	16.4	1.96	3.42	—	21.8	19.7	3.71	-12.1	4.16
EV/Sales	0.15	0.02	0.16	0.11	0.15	—	0.19	0.1	0.17	0.16	0.14
Earnings yield	—	—	—	8.55%	15.1%	—	—	—	9.84%	—	12.5%
FCF yield	-4.23%	22.1%	-5.36%	9.61%	12.2%	—	-10.7%	-20.6%	7.76%	-27.5%	7.65%
PEG	—	—	—	—	—	—	—	—	—	—	-0.06

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	79.7%	79.8%	80.1%	80%	76.5%	78.6%	75.9%	78%	77.6%	74.9%	76.9%
Operating margin	0.37%	1.43%	-0.05%	4.08%	2.97%	5.66%	-0.3%	-0.73%	1.21%	-0.39%	3.74%
Net margin	-0.33%	-1.01%	-2.24%	2.09%	4.14%	6.16%	-3.27%	-1.7%	2.11%	-14.1%	-6.9%
ROE	-1.51%	-4.44%	-15.3%	12.1%	24.1%	40.3%	-31.7%	-21.4%	28.9%	291.3%	-1.5K%
ROA	-0.82%	-2.34%	-6.25%	5.23%	9.59%	16.5%	-9.14%	-5.43%	6.91%	-50.6%	5.55%
ROIC	5.43%	0%	0%	67.1%	68.1%	439.5%	-6.13%	-11.4%	24.3%	10.5%	0%
Return on tangible assets	-0.83%	-2.35%	-6.27%	5.23%	9.59%	16.5%	-9.21%	-5.49%	6.99%	-51.3%	-27.4%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.69	1.68	1.26	1.42	1.33	1.42	1.17	1.07	1.25	1.1	1.15
Quick ratio	1.29	1.4	0.88	1.07	0.93	1.02	0.68	0.51	0.75	0.56	0.58
Debt / equity	0.05	0.03	0.07	0.11	0.11	0.08	0.44	0.55	0.78	-1.41	-0.01
Debt / assets	0.03	0.02	0.03	0.05	0.04	0.03	0.13	0.14	0.19	0.24	0.24
Net debt / EBITDA	-6.14	-7.74	-12	-2.56	-2.99	-2.08	-6.19	-3.02	-0.85	-0.84	0.11
Interest coverage	—	—	—	—	—	—	—	—	14.4	-6.12	-6.12
Effective tax rate	0%	100%	100%	42.7%	0%	0%	0%	0%	33.4%	0%	100%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	67.1	65.2	68.3	66	67.7	80.3	71.7	70.7	62.5	56.8	56
EPS (basic)	-0.22	-0.66	-1.53	1.38	2.8	4.95	-2.35	-1.2	1.32	-8	-8
EPS (diluted)	-0.22	-0.66	-1.53	1.35	2.77	4.71	-2.35	-1.2	1.32	-8	-3.91
Book value per share	14.5	14.9	9.97	11.4	11.6	12.3	7.41	5.62	4.57	-2.75	-2.58
FCF per share	-0.86	3.32	-1.01	1.55	2.27	5.09	-1.91	-1.67	1.04	-2.27	0.6
Cash per share	10.7	13.9	8.6	10.4	9.94	12.2	7.2	4.14	6.05	3.25	3.13
Capex per share	0.85	0.49	0.92	0.51	0.42	0.33	0.56	0.4	0.16	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	1.27%	0.76%	1.35%	0.77%	0.63%	0.41%	0.77%	0.57%	0.25%	—	—
Capex / operating cash flow	-96.3%	21.3%	-51.1%	18.5%	11.9%	5.41%	-67.6%	171.6%	4.84%	—	—
Payout ratio	-114.7%	-75.8%	-79.4%	36.5%	53.6%	44.2%	-34.1%	-33.4%	0%	—	0%
Dividend yield	1.23%	3.33%	6.46%	3.12%	8.08%	—	4.47%	4.95%	0%	—	10.2%

Yield

10.2%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.20

ex-dividend Jun 14, 2023

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jun 14, 2023	$0.20
Mar 15, 2023	$0.20
Dec 13, 2022	$0.20
Sep 13, 2022	$0.20
Jun 14, 2022	$0.20
Mar 15, 2022	$0.20
Dec 14, 2021	$1.70
Sep 14, 2021	$0.20

Split history

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$32.6M	$32.7M	$29.4M	$27.7M	$31.7M	$29M	$26.6M	$25.7M	$29.2M	$26.6M	$24.9M	$26.6M
YoY change	-8.33%	-4.78%	-13.8%	-14.9%	-2.54%	-11.3%	-9.63%	-7.43%	-8.08%	-8.18%	-6.2%	+3.78%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	28.7M	37.7M	21.8M	24.8M	22.2M	24.2M	13.8M	7.7M	11.4M	6.2M
Receivables	298K	273K	106K	955K	186K	90K	218K	91K	19K	1K
Inventory	12M	9.4M	12.8M	10.2M	12.8M	12M	14.7M	14.5M	10.4M	10.1M
Total current assets	50.8M	56.2M	42.4M	41M	42.5M	42.8M	35M	27.7M	26.1M	20.6M
Property, plant & equipment	4.6M	4.3M	6.8M	8.3M	7.6M	6.1M	5.1M	5.4M	6.1M	7.7M
Goodwill & intangibles	200K	200K	200K	—	—	—	400K	400K	400K	400K
Total assets	71.2M	76.2M	62.2M	62.9M	65.3M	59.6M	49.1M	41.2M	36M	30M
Accounts payable	5.2M	6M	6.7M	3.5M	4.8M	4M	4.4M	4M	2.1M	2.4M
Short-term debt	1.2M	1M	777K	2.4M	2.7M	1.8M	1.9M	2.2M	1.5M	2M
Total current liabilities	30M	33.4M	33.6M	28.9M	32M	30.1M	29.8M	25.8M	20.9M	18.7M
Long-term debt	828K	144K	955K	539K	129K	66K	4.3M	3.6M	5.2M	5.4M
Total liabilities	32.3M	36M	36.9M	35.6M	39.4M	35.2M	35M	30.7M	27.4M	35.2M
Shareholders' equity	38.9M	40.2M	25.3M	27.3M	26M	24.4M	14.2M	10.5M	8.6M	-5.2M
Total debt	2M	1.2M	1.7M	3M	2.8M	1.8M	6.2M	5.7M	6.7M	7.4M
Net debt	-26.7M	-36.5M	-20.1M	-21.8M	-19.4M	-22.4M	-7.6M	-2M	-4.7M	1.2M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	7.9M	7.7M	7.9M	9.2M	12.2M	11.4M	9.3M	5.5M	7.1M	6.2M	7M	6M
Receivables	149K	91K	320K	99K	22K	19K	102K	409K	38K	1K	10K	137K
Inventory	15.3M	14.5M	13.7M	13.2M	11.7M	10.4M	11.8M	12.6M	11.1M	10.1M	9.7M	9.6M
Total current assets	28.6M	27.7M	28.3M	27.9M	28.7M	26.1M	26.5M	22.4M	22.1M	20.6M	21.2M	19.4M
Property, plant & equipment	4.3M	5.4M	9M	7.3M	6.9M	6.1M	6.2M	6.4M	8.3M	7.7M	7M	6.4M
Goodwill & intangibles	—	400K	474K	474K	474K	400K	474K	474K	474K	400K	474K	474K
Total assets	42.2M	41.2M	41.1M	39.9M	40.6M	36M	36.7M	32.8M	33.9M	30M	29.9M	27.5M
Accounts payable	3.9M	4M	4.9M	3.5M	3.6M	2.1M	4.4M	5.4M	4M	2.4M	2.9M	3.7M
Short-term debt	575K	2.2M	2.5M	2.3M	2M	1.5M	1.3M	1.4M	2M	2M	2.3M	2.2M
Total current liabilities	26.3M	25.8M	26.1M	24M	23M	20.9M	22.6M	20.2M	19.5M	18.7M	19.5M	16.9M
Long-term debt	1M	3.6M	3.1M	6.4M	6.1M	5.2M	5.1M	5M	6.1M	5.4M	4.9M	4.5M
Total liabilities	31.5M	30.7M	30.6M	31.7M	30.6M	27.4M	29.1M	26.8M	27M	35.2M	35.4M	32.4M
Shareholders' equity	10.7M	10.5M	10.4M	8.2M	10M	8.6M	7.6M	6M	7M	-5.2M	-5.6M	-5M
Total debt	1.6M	5.7M	5.6M	8.7M	8.1M	6.7M	6.3M	6.4M	8.1M	7.4M	7.2M	6.6M
Net debt	-6.3M	-2M	-2.3M	-486K	-4M	-4.7M	-3M	843K	957K	1.2M	169K	577K

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-586K	-1.8M	-3.9M	3.3M	6.3M	9.8M	-4.5M	-2.2M	2.5M	-15.2M
Depreciation & amortization	1.9M	1.9M	2.1M	2.1M	2M	1.7M	1.6M	1.6M	1.5M	1.1M
Stock-based compensation	690K	490K	1.1M	734K	334K	260K	337K	278K	291K	379K
Change in working capital	-3.1M	3.6M	-5.1M	-2.3M	-2.3M	-288K	-2.1M	-1.3M	439K	618K
Operating cash flow	-2.4M	6.3M	-4.6M	6.6M	8M	12M	-1.6M	436K	6.1M	-3M
Capital expenditure	-2.3M	-1.3M	-2.3M	-1.2M	-949K	-650K	-1.1M	-748K	-297K	—
Investing cash flow	-2.3M	-1.3M	-2.3M	-1.2M	-947K	-650K	-1.1M	-747K	-285K	—
Dividends paid	-672K	-1.4M	-3.1M	-1.2M	-3.4M	-4.3M	-1.5M	-748K	0	—
Share repurchases	-274K	-226K	-7.5M	-294K	-5.9M	-5.1M	-2M	-176K	0	—
Financing cash flow	-4M	-3.1M	-12.2M	-2.7M	-9.9M	-9.8M	-4.3M	-1.9M	2M	-795K
Net change in cash	-8.7M	1.8M	-19M	2.7M	-2.9M	1.5M	-7M	-2.2M	7.8M	-3.8M
Free cash flow	-2.3M	9M	-2.6M	3.7M	5.1M	10.1M	-3.7M	-3.1M	2M	-4.3M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	18K	-1.8M	1.2M	-624K	-328K	2.3M	-1.5M	-4.3M	1.9M	-11.3M	950K	1M
Depreciation & amortization	450K	404K	416K	387K	371K	360K	293K	278K	261K	260K	261K	259K
Stock-based compensation	8K	19K	212K	34K	23K	22K	263K	158K	-74K	32K	274K	54K
Change in working capital	-1.6M	629K	1.1M	-2.2M	3K	-913K	756K	-351K	263K	-38K	1M	-319K
Operating cash flow	-753K	-214K	3.3M	-2.1M	285K	2.2M	131K	-3.7M	2.4M	-289K	1.1M	-792K
Capital expenditure	-186K	-208K	-61K	-82K	-260K	106K	-489K	—	—	—	—	—
Investing cash flow	-186K	-208K	-61K	-82K	-260K	106K	-489K	—	—	—	—	—
Dividends paid	0	0	0	0	0	0	—	—	—	—	—	—
Share repurchases	-78K	0	—	—	0	0	—	—	—	—	—	—
Financing cash flow	-349K	-274K	-250K	-241K	-243K	-905K	-166K	-80K	-73K	-242K	-126K	-193K
Net change in cash	-1.3M	-696K	3M	-2.4M	-218K	1.4M	-524K	-3.8M	2.3M	-531K	1M	-985K
Free cash flow	101K	-1.5M	1.8M	-2.7M	3M	-113K	-1.9M	—	—	—	—	-802K

Mannatech Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement