Mannatech Inc (OQ:MTEX)

Business Focus: Special Foods & Welbeing Products

Sector:  Consumer Non-Cyclicals Industry:  Food Processing
 
See Regulatory Filings on SEC
Company Contact
Address: 1410 Lakeside Parkway, Suite 200
FLOWER MOUND TX 75028
Tel: N/A
Website: https://us.mannatech.com
IR: See website
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Key People
J. Stanley Fredrick
Chairman of the Board
Landen Fredrick
President, Chief Executive Officer, Chief Financial Officer
Christopher J. Simons
Regional President EMEAA, Central and South America
Ronald D. Norman
Senior Vice President, Treasurer
Erin K. Barta
General Counsel and Corporate Secretary
 
Business Overview
Mannatech, Incorporated is a global wellness solution provider. The Company develops and sells nutritional supplements, skin care and anti-aging products, and weight-management products that target optimal health and wellness. The Company's product category includes Integrative Health, Targeted Health, Weight and Fitness, Skin Care, Essentials, and Home Living. Integrative Health includes Ambrotose Complex, Ambrotose AO, Advanced Ambrotose, Ambrotose Life, Catalyst, Cognitate, Manapol Powder, MannaBears, and others. Targeted Health includes BounceBack, CardioBALANCE, GI-ProBalance Slimstick, GI-Zyme, GI-Defense, Blood Sugar ProBalance, ImmunoSTART, and others. Weight and Fitness includes OsoLean, SPORT, TruHealth Fat Loss System and others. Skin Care includes Emprizone, FIRM with Ambrotose, FreshDen, and others. Essentials include Catalyst Multivitamin, Liver Support, Joint Support SUPERFOOD, Sleep Support gummies and Stress Support gummies. Home Living includes Organt and PURO.
Financial Overview
For the fiscal year ended 31 December 2023, Mannatech Inc revenues decreased 4% to $132M. Net loss decreased 50% to $2.2M. Revenues reflect Consolidated Product Sales segment decrease of 4% to $125.3M, Consolidated Pack Sales segment decrease of 10% to $5.6M, Asia Pacific segment decrease of 5% to $79.4M, EMEA segment decrease of 17% to $9.8M.
Employees: 213 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $9.19M as of Dec 31, 2023
Annual revenue (TTM): $131.96M as of Dec 31, 2023
EBITDA (TTM): $0.66M as of Dec 31, 2023
Net annual income (TTM): -$2.24M as of Dec 31, 2023
Free cash flow (TTM): -$3.87M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 1,884,814 as of Feb 29, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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