Mannatech IncMTEX

NasdaqHealthcareMedicinal Chemicals & Botanical Products
Price (close)
$7.25
Market cap
$13.8M
P/E
—
Revenue (TTM)
$107.4M
Net income
-$7.4M
Dividend yield
—
1-year total return
-13.5%
Net margin
-6.9%
Revenue growth
-5.0%
Debt / equity
—

What Mannatech Inc does.

Mannatech, Incorporated ("Mannatech" or the "Company") is a global wellness solution provider, which was incorporated and began operations in November 1993. We develop and sell innovative, high quality, proprietary nutritional supplements, skin care and anti-aging products, and weight-management products that target optimal health and wellness. We currently sell our products in three regions: (i) the Americas (the United States, Canada and Mexico); (ii) Europe/the Middle East/Africa (“EMEA”) (Austria, the Czech Republic, Denmark, Estonia, Finland, Germany, the Republic of Ireland, Namibia, the Netherlands, Norway, South Africa, Spain, Sweden and the United Kingdom); and (iii) Asia/Pacific (Australia, Japan, New Zealand, the Republic of Korea, Singapore, Thailand, Taiwan, Hong Kong, and China). We also ship our products to customers in the following countries: Belgium, France, Greece, Italy, Luxembourg, and Poland. During 2025, the Company liquidated its entity in Denmark, Mannatech Denmark ApS.

We sell our products principally through network marketing distribution channels via our active associates (“independent associate” or “associates” or “distributors”) and to our “preferred customers,” which we believe is the most cost-effective way to introduce our products and communicate information about our business to the global marketplace quickly and effectively. Network marketing minimizes upfront costs, as compared to conventional marketing methods, and allows us to be more responsive to the ever-changing overall market conditions, as well as continue to research and develop high quality products and focus on controlled successful international expansion. We believe the network marketing channel also allows us to effectively communicate the potential benefits and unique properties of our proprietary products to our consumers. In addition, network marketing provides our associates with an avenue to supplement their income by building their own business centered on our business philosophies and unique products. As of December 31, 2025, we had approximately 114,000 active associate and preferred customer positions held by individuals in our network associated with the purchase of our products and/or payment of associate fees within the last 12 months. At the time of purchase, a customer may choose to sign up as a “preferred customer” to receive the same pricing on our products as our associates and to receive emails about our products and promotions. Preferred customers do not participate in the Company’s compensation plan.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$151.4M$159.8M$137.2M$132.0M$117.9M$108.0M
Net income$6.3M$9.8M-$4.5M-$2.2M$2.5M-$15.2M
Free cash flow$5.1M$10.1M-$3.7M-$3.1M$2.0M-$4.3M

More on MTEX.

Figures from Mannatech Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.