NASDAQ : MTEX
Mannatech, Incorporated — Financial statements
Consumer Staples · Food Distribution · United States
Last price 8.47 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 16.34M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Mannatech, Incorporated (MTEX) reported revenue of 107.36M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 107.36M | 108.04M | 117.87M | 131.96M | 137.21M | 159.76M |
| Cost of Revenue | 25.69M | 27.08M | 26.41M | 29.09M | 33.06M | 34.15M |
| Gross Profit | 81.67M | 80.96M | 91.46M | 102.86M | 104.15M | 125.61M |
| Selling, General & Admin | 79.00M | 81.38M | 90.03M | 103.79M | 102.89M | 95.71M |
| Other Operating Expenses | 19.06M | |||||
| Operating Expenses | 79.00M | 81.38M | 90.03M | 103.79M | 104.52M | 116.49M |
| Operating Income | 2.67M | -422.00K | 1.44M | -926.00K | -368.00K | 9.13M |
| Interest Expense | -587.00K | -541.00K | -475.00K | -100.00K | ||
| Interest & Investment Income | 135.00K | 135.00K | 196.00K | 104.00K | 88.00K | 66.00K |
| Currency Exchange Gain (Loss) | 2.80M | -2.10M | 2.60M | -200.00K | -200.00K | -200.00K |
| Other Non Operating Income (Expenses) | -21.00K | 39.00K | -16.00K | -8.00K | 1.00K | -65.00K |
| EBT Excluding Unusual Items | 5.00M | -2.89M | 3.74M | -1.13M | -479.00K | 8.93M |
| Gain (Loss) on Sale of Assets | -36.00K | |||||
| Pretax Income | 5.00M | -2.89M | 3.74M | -1.13M | -479.00K | 8.89M |
| Income Tax Expense | 12.41M | 12.32M | 1.25M | 1.11M | 4.01M | -950.00K |
| Net Income | -7.41M | -15.21M | 2.49M | -2.24M | -4.49M | 9.84M |
| Net Income to Common | -7.41M | -15.21M | 2.49M | -2.24M | -4.49M | 9.84M |
| Shares Outstanding (Basic) | 1.92M | 1.90M | 1.89M | 1.87M | 1.91M | 1.99M |
| Shares Outstanding (Diluted) | 1.92M | 1.90M | 1.89M | 1.87M | 1.91M | 2.09M |
| EPS (Basic) | -3.87 | -8.00 | 1.32 | -1.20 | -2.35 | 4.95 |
| EPS (Diluted) | -3.87 | -8.00 | 1.32 | -1.20 | -2.35 | 4.71 |
| Free Cash Flow | 1.60M | -4.32M | 1.96M | -3.12M | -3.66M | 10.12M |
| Free Cash Flow Per Share | 0.83 | -2.27 | 1.04 | -1.67 | -1.91 | 4.85 |
| Dividend Per Share | 0.20 | 0.80 | 0.76 | |||
| Gross Margin | 76.07% | 74.94% | 77.60% | 77.95% | 75.91% | 78.62% |
| Operating Margin | 2.49% | -0.39% | 1.22% | -0.70% | -0.27% | 5.71% |
| Profit Margin | -6.90% | -14.08% | 2.11% | -1.70% | -3.27% | 6.16% |
| Free Cash Flow Margin | 1.49% | -4.00% | 1.67% | -2.36% | -2.67% | 6.34% |
| EBITDA | 3.71M | 670.00K | 2.97M | 702.00K | 1.26M | 10.85M |
| EBITDA Margin | 3.46% | 0.62% | 2.52% | 0.53% | 0.92% | 6.79% |
| D&A For EBITDA | 1.04M | 1.09M | 1.53M | 1.63M | 1.63M | 1.72M |
| EBIT | 2.67M | -422.00K | 1.44M | -926.00K | -368.00K | 9.13M |
| EBIT Margin | 2.49% | -0.39% | 1.22% | -0.70% | -0.27% | 5.71% |
| Effective Tax Rate | 248.12% | 33.42% | ||||
| Advertising Expenses | 2.80M | 2.50M | 4.10M | 3.20M | 3.50M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 6.03M | 6.18M | 11.40M | 7.73M | 13.78M | 24.18M |
| Cash & Short-Term Investments | 6.03M | 6.18M | 11.40M | 7.73M | 13.78M | 24.18M |
| Accounts Receivable | 137.00K | 1.00K | 19.00K | 91.00K | 218.00K | 90.00K |
| Other Receivables | 386.00K | 736.00K | 737.00K | 465.00K | 423.00K | 342.00K |
| Receivables | 523.00K | 737.00K | 756.00K | 556.00K | 641.00K | 432.00K |
| Inventory | 9.59M | 10.72M | 10.90M | 14.94M | 15.03M | 13.32M |
| Prepaid Expenses | 2.01M | 901.00K | 1.05M | 1.07M | 1.19M | 1.09M |
| Restricted Cash | 218.00K | 550.00K | 550.00K | 938.00K | 944.00K | 944.00K |
| Other Current Assets | 1.03M | 1.48M | 1.46M | 2.43M | 3.38M | 2.87M |
| Total Current Assets | 19.41M | 20.58M | 26.12M | 27.66M | 34.95M | 42.84M |
| Property, Plant & Equipment | 5.26M | 6.43M | 4.95M | 7.46M | 8.41M | 8.86M |
| Other Intangible Assets | 237.00K | 200.00K | 200.00K | 200.00K | 200.00K | 200.00K |
| Long-Term Deferred Tax Assets | 1.77M | 1.61M | 1.50M | 2.83M | ||
| Other Long-Term Assets | 1.36M | 2.79M | 3.01M | 4.27M | 4.07M | 4.90M |
| Total Assets | 27.47M | 29.99M | 36.06M | 41.21M | 49.13M | 59.62M |
| Accounts Payable | 3.67M | 2.41M | 2.07M | 4.01M | 4.36M | 3.97M |
| Accrued Expenses | 8.70M | 10.18M | 11.99M | 12.78M | 14.46M | 16.47M |
| Current Portion of Long-Term Debt | 266.00K | 84.00K | 240.00K | 263.00K | 205.00K | |
| Current Portion of Leases | 1.89M | 1.96M | 1.45M | 1.93M | 1.66M | 1.56M |
| Current Income Taxes Payable | 511.00K | 1.03M | 1.79M | 1.52M | 3.28M | 2.15M |
| Current Unearned Revenue | 1.76M | 3.09M | 3.03M | 4.79M | 5.11M | 4.87M |
| Other Current Liabilities | 75.00K | 65.00K | 480.00K | 515.00K | 707.00K | 870.00K |
| Total Current Liabilities | 16.86M | 18.73M | 20.90M | 25.78M | 29.84M | 30.10M |
| Long-Term Debt | 2.75M | 2.75M | 2.90M | |||
| Long-Term Leases | 1.71M | 2.64M | 2.26M | 3.54M | 4.24M | 4.38M |
| Pension & Post-Retirement Benefits | 148.00K | 100.00K | 200.00K | 200.00K | 200.00K | 200.00K |
| Long-Term Deferred Tax Liabilities | 9.75M | 9.75M | ||||
| Other Long-Term Liabilities | 1.22M | 1.24M | 1.19M | 1.20M | 673.00K | 531.00K |
| Total Liabilities | 32.44M | 35.22M | 27.44M | 30.72M | 34.95M | 35.21M |
| Additional Paid-In Capital | 32.69M | 33.03M | 33.03M | 33.31M | 33.38M | 33.28M |
| Retained Earnings | -12.06M | -14.02M | 1.19M | -1.30M | 1.69M | 7.71M |
| Treasury Stock | -18.89M | -19.56M | -19.94M | -20.51M | -20.68M | -18.91M |
| Comprehensive Income & Other | -6.71M | -4.67M | -5.67M | -1.01M | -208.00K | 2.34M |
| Shareholders' Equity | -4.97M | -5.22M | 8.61M | 10.48M | 14.18M | 24.41M |
| Total Liabilities & Equity | 27.47M | 29.99M | 36.06M | 41.21M | 49.13M | 59.62M |
| Total Debt | 6.61M | 7.36M | 6.69M | 5.71M | 6.17M | 6.15M |
| Net Cash (Debt) | -577.00K | -1.17M | 4.70M | 2.02M | 7.61M | 18.04M |
| Net Cash Per Share | -0.30 | -0.62 | 2.49 | 1.08 | 3.98 | 8.64 |
| Filing Date Shares Outstanding | 1.93M | 1.93M | 1.90M | 1.88M | 1.87M | 1.95M |
| Total Common Shares Outstanding | 1.93M | 1.90M | 1.88M | 1.86M | 1.86M | 1.94M |
| Working Capital | 2.55M | 1.84M | 5.22M | 1.88M | 5.12M | 12.74M |
| Book Value Per Share | -2.58 | -2.75 | 4.57 | 5.64 | 7.63 | 12.58 |
| Tangible Book Value | -5.21M | -5.42M | 8.41M | 10.28M | 13.98M | 24.21M |
| Tangible Book Value Per Share | -2.70 | -2.85 | 4.46 | 5.53 | 7.52 | 12.48 |
| Machinery | 4.11M | 5.12M | 5.39M | 5.98M | 6.48M | |
| Construction In Progress | 913.00K | 151.00K | 194.00K | 378.00K | 1.36M | |
| Leasehold Improvements | 3.70M | 3.30M | 3.87M | 4.08M | 4.29M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -7.41M | -15.21M | 2.49M | -2.24M | -4.49M | 9.84M |
| Depreciation & Amortization | 1.04M | 1.09M | 1.53M | 1.63M | 1.63M | 1.72M |
| Loss (Gain) From Sale of Assets | -226.00K | 7.00K | -20.00K | 36.00K | ||
| Stock-Based Compensation | 286.00K | 379.00K | 291.00K | 278.00K | 337.00K | 260.00K |
| Provision & Write-off of Bad Debts | -402.00K | -128.00K | -312.00K | 519.00K | -26.00K | 246.00K |
| Other Operating Activities | 10.72M | 14.78M | -1.10M | 2.49M | 3.64M | 1.11M |
| Change in Accounts Receivable | 683.00K | 173.00K | 344.00K | -391.00K | -102.00K | -150.00K |
| Change in Inventory | 2.30M | 313.00K | 2.47M | -272.00K | -3.25M | 169.00K |
| Change in Accounts Payable | -1.68M | 315.00K | -1.86M | -351.00K | 392.00K | -828.00K |
| Change in Unearned Revenue | -257.00K | 58.00K | -1.73M | -320.00K | 239.00K | -605.00K |
| Change in Income Taxes | -56.00K | -777.00K | 174.00K | -1.80M | 1.05M | 1.42M |
| Change in Other Net Operating Assets | -2.77M | -3.95M | 176.00K | -1.92M | -1.99M | -2.45M |
| Operating Cash Flow | 2.46M | -2.96M | 2.26M | -2.37M | -2.60M | 10.77M |
| Capital Expenditures | -861.00K | -1.35M | -297.00K | -748.00K | -1.06M | -650.00K |
| Sale of Property, Plant & Equipment | 12.00K | 1.00K | ||||
| Investing Cash Flow | -861.00K | -1.35M | -285.00K | -747.00K | -1.06M | -650.00K |
| Long-Term Debt Issued | 3.60M | |||||
| Total Debt Issued | 421.00K | 3.60M | ||||
| Long-Term Debt Repaid | -561.00K | -1.64M | -991.00K | -817.00K | -435.00K | |
| Total Debt Repaid | -634.00K | -561.00K | -1.64M | -991.00K | -817.00K | -435.00K |
| Net Debt Issued (Repaid) | -213.00K | -561.00K | 1.96M | -991.00K | -817.00K | -435.00K |
| Issuance of Common Stock | 12.00K | 545.00K | ||||
| Repurchase of Common Stock | -176.00K | -1.98M | -5.05M | |||
| Common Dividends Paid | -748.00K | -1.53M | -4.35M | |||
| Financing Cash Flow | -213.00K | -561.00K | 1.96M | -1.90M | -4.33M | -9.29M |
| Foreign Exchange Rate Adjustments | -1.59M | -669.00K | -809.00K | -790.00K | -2.44M | -2.70M |
| Net Cash Flow | -210.00K | -5.55M | 3.13M | -5.81M | -10.44M | -1.86M |
| Free Cash Flow | 1.60M | -4.32M | 1.96M | -3.12M | -3.66M | 10.12M |
| Free Cash Flow Margin | 1.49% | -4.00% | 1.67% | -2.36% | -2.67% | 6.34% |
| Free Cash Flow Per Share | 0.83 | -2.27 | 1.04 | -1.67 | -1.91 | 4.85 |
| Levered Free Cash Flow | 1.16M | -2.74M | 3.08M | -2.54M | -2.27M | 7.69M |
| Unlevered Free Cash Flow | 1.52M | -2.40M | 3.38M | -2.48M | -2.27M | 7.69M |
| Cash Interest Paid | 490.00K | 512.00K | 475.00K | 100.00K | 32.00K | 31.00K |
| Cash Income Tax Paid | 1.29M | 429.00K | 829.00K | 2.55M | 715.00K | 137.00K |
| Change in Working Capital | -1.78M | -3.87M | -418.00K | -5.05M | -3.66M | -2.44M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 16.41M | 15.68M | 25.31M | 15.07M | 33.27M | 73.64M |
| Enterprise Value | 16.99M | 16.64M | 21.29M | 13.40M | 24.57M | 53.18M |
| Last Close Price | 8.47 | 8.25 | 13.43 | 8.10 | 17.44 | 36.07 |
| PE Ratio | 10.17 | 7.48 | ||||
| PS Ratio | 0.15 | 0.14 | 0.21 | 0.11 | 0.24 | 0.46 |
| PB Ratio | -3.00 | 2.94 | 1.44 | 2.35 | 3.02 | |
| P/TBV Ratio | 3.01 | 1.47 | 2.38 | 3.04 | ||
| P/FCF Ratio | 10.24 | 12.89 | 7.27 | |||
| P/OCF Ratio | 6.65 | 11.20 | 6.83 | |||
| EV/Sales Ratio | 0.16 | 0.15 | 0.18 | 0.10 | 0.18 | 0.33 |
| EV/EBITDA Ratio | 4.56 | 24.84 | 7.17 | 19.09 | 19.51 | 4.90 |
| EV/EBIT Ratio | 6.33 | 14.84 | 5.83 | |||
| EV/FCF Ratio | 10.60 | 10.84 | 5.25 | |||
| Debt / Equity Ratio | -1.33 | -1.41 | 0.78 | 0.54 | 0.43 | 0.25 |
| Debt / EBITDA Ratio | 1.12 | 2.65 | 1.38 | 2.01 | 1.68 | 0.46 |
| Debt / FCF Ratio | 4.14 | 3.41 | 0.61 | |||
| Net Debt / Equity Ratio | -0.12 | -0.22 | -0.55 | -0.19 | -0.54 | -0.74 |
| Net Debt / EBITDA Ratio | 0.15 | 1.75 | -1.58 | -2.88 | -6.05 | -1.66 |
| Net Debt / FCF Ratio | 0.36 | -0.27 | -2.40 | 0.65 | 2.08 | -1.78 |
| Asset Turnover | 3.56 | 3.27 | 3.05 | 2.92 | 2.52 | 2.56 |
| Inventory Turnover | 2.32 | 2.50 | 2.04 | 1.94 | 2.33 | 2.54 |
| Quick Ratio | 0.39 | 0.37 | 0.58 | 0.32 | 0.48 | 0.82 |
| Current Ratio | 1.15 | 1.10 | 1.25 | 1.07 | 1.17 | 1.42 |
| Return on Equity (ROE) | -1,490.14% | -897.26% | 26.08% | -18.16% | -23.27% | 39.07% |
| Return on Assets (ROA) | 5.55% | -0.80% | 2.32% | -1.28% | -0.42% | 9.13% |
| Return on Invested Capital (ROIC) | -37.67% | -5.56% | 15.45% | -12.33% | -5.69% | 95.62% |
| Return on Capital Employed (ROCE) | 25.20% | -3.70% | 9.50% | -6.00% | -1.90% | 30.90% |
| Earnings Yield | -45.46% | -97.00% | 9.84% | -14.86% | -13.50% | 13.36% |
| FCF Yield | 9.76% | -27.52% | 7.76% | -20.69% | -11.01% | 13.75% |
| Dividend Yield | 2.47% | 4.47% | 2.00% | |||
| Payout Ratio | 44.17% | |||||
| Buyback Yield / Dilution | -1.19% | -0.85% | -1.02% | 2.46% | 8.38% | 7.77% |
| Total Shareholder Return | -1.19% | -0.85% | -1.02% | 4.93% | 12.85% | 9.78% |