HomeMTEX • NASDAQ
Mannatech Inc
$8.40
Nov 22, 8:30:00 PM GMT-5 · USD · NASDAQ · Disclaimer
StockUS listed securityUS headquartered
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 2024Y/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
1.26M102.25%
Effective tax rate
54.25%
Total assets
Total liabilities
(USD)Sep 2024Y/Y change
Cash and short-term investments
12.15M53.25%
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%
Net change in cash
(USD)Sep 2024Y/Y change
Net income
-328.00K-1,922.22%
Cash from operations
3.27M1,040.07%
Cash from investing
-260.00K-40.54%
Cash from financing
-243.00K30.37%
Net change in cash
2.91M368.57%
Free cash flow
2.12M1,681.55%
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
Founded
Nov 1993
Employees
213
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