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Mannatech Inc
Previous close
$8.30
Year range
$6.75 - $10.30
Market cap
15.83M USD
Avg Volume
4.00K
P/E ratio
-
Dividend yield
-
Primary exchange
NASDAQ
Market news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 31.72M | -2.54% |
Operating expense | 22.73M | -11.74% |
Net income | -328.00K | -1,922.22% |
Net profit margin | -1.03 | -1,816.67% |
Earnings per share | — | — |
EBITDA | 1.26M | 102.25% |
Effective tax rate | 54.25% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 12.15M | 53.25% |
Total assets | 40.57M | -3.87% |
Total liabilities | 30.57M | -2.96% |
Total equity | 10.00M | — |
Shares outstanding | 1.88M | — |
Price to book | 1.56 | — |
Return on assets | 5.51% | — |
Return on capital | 12.66% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | -328.00K | -1,922.22% |
Cash from operations | 3.27M | 1,040.07% |
Cash from investing | -260.00K | -40.54% |
Cash from financing | -243.00K | 30.37% |
Net change in cash | 2.91M | 368.57% |
Free cash flow | 2.12M | 1,681.55% |
About
Mannatech Inc. is a publicly traded, multinational multi-level marketing firm that sells dietary supplements and personal care products. It was founded in November 1993 by Samuel Caster, and is headquartered in Flower Mound, Texas. The company's stock is traded on the NASDAQ exchange under the symbol MTEX. As of 2017, Mannatech employed 252 people and sold its products through some 220,000 independent sales associates.
In 2007, Mannatech and its salespeople made false claims of anti-disease benefits about its lead product called "Ambrotose" which contains sugars derived from plants. The company was profitable soon after its founding until about 2008, when it started losing money due to exposure of its business practices through a class action lawsuit based on the false health claims, a critical 20/20 news special, and a civil suit filed by the Attorney General of Texas. Wikipedia
CEO
Founded
Nov 1993
Headquarters
Website
Employees
213