HomeMTEX • NASDAQ
Mannatech Inc
$8.50
Apr 16, 4:00:02 PM GMT-4 · USD · NASDAQ · Disclaimer
StockUS listed securityUS headquartered
Previous close
$8.50
Year range
$7.50 - $15.93
Market cap
16.02M USD
Avg Volume
512.00
P/E ratio
-
Dividend yield
9.41%
Primary exchange
NASDAQ
Financials
Income Statement
Revenue
Net income
(USD)Dec 2023Y/Y change
Revenue
32.69M-4.78%
Operating expense
25.50M-3.09%
Net income
-1.76M73.02%
Net profit margin
-5.3771.68%
Earnings per share
EBITDA
-453.00K80.60%
Effective tax rate
5.64%
Total assets
Total liabilities
(USD)Dec 2023Y/Y change
Cash and short-term investments
7.73M-43.88%
Total assets
41.21M-16.13%
Total liabilities
30.72M-12.10%
Total equity
10.48M
Shares outstanding
1.88M
Price to book
1.51
Return on assets
-5.14%
Return on capital
-12.92%
Net change in cash
(USD)Dec 2023Y/Y change
Net income
-1.76M73.02%
Cash from operations
-1.32M56.80%
Cash from investing
-208.00K-19.54%
Cash from financing
-274.00K73.06%
Net change in cash
-300.00K76.45%
Free cash flow
-26.62K89.73%
About
Mannatech 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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