Mannatech, Incorporated (MTEX)

From the record

Mannatech, Incorporated's filings since 2017 show 7 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 3 times, the latest 2026-04-24); an auditor change (8-K item 4.01, 2 times, the latest 2026-10-23); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2026-04-02) (its current reports).

From the record

Mannatech, Incorporated's 8 filed years say what it did: revenue went from $174 million in fiscal 2018 to $108 million in fiscal 2025, down 6.5% a year; it rose in 1 of 7 years; the deepest fall was 38% from fiscal 2018 to fiscal 2025; net income was positive in 4 of 8 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Mannatech, Incorporated's shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 270 cents per dollar of everything the company owns. Leverage: it owed about 117 cents per dollar of assets, and net share issuance: its share count grew 0.8% over the year (the filed statements).

From the record

Mannatech, Incorporated's standing among 18 graded names in its industry family: revenue of $108 million in fiscal 2025 ranks in the bottom 39% by size; a net margin of -14.1% ranks in the bottom 42%; revenue growth of -7.7% a year over the last 3 filed years ranks in the bottom 14% (its annual reports).

From the record

Mannatech, Incorporated's leadership, from its insiders' filings and its current reports: the chief executive on the record is Fredrick, Landen Granvel (President and CEO, as filed), filing under that title since 2025-06-05, 1.4 years (bottom 25% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 10.3 years (top 14%); 9 officer or director changes were reported on Form 8-K since 2023-11-13, against the 10 people in charge now (bottom 21%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Mannatech, Incorporated's room to grow, from the newest filed statements (fiscal 2025): cash of $6 million against debt of $3 million leaves 11.5% of its assets as net cash, top 45% of its family; cash from operations less capital spending is -4% of revenue (bottom 42%); a gross margin of 74.9% (top 9%); research spending of 0.7% of revenue (bottom 23%) (its annual report).

From the record

Mannatech, Incorporated's growth drivers, from the filed years to fiscal 2025: revenue grew -7.7% a year over the last three filed years against -6.5% over all 8, slowing (top 14% of its family); the newest year grew -8.3% (bottom 25%); research spending grew -7.2% a year (top 46%); capital spending grew 8.4% a year (top 38%) (its annual reports). Mannatech, Incorporated reported 3 product lines in fiscal 2025: Product at $106 million (98%), Product and Service Other at $2 million (2%), Associate Service Fees at $400 thousand (0%); 1 of 3 grew against the year before (its annual report).

From the record

Mannatech, Incorporated's newest year against its own record: revenue of $108 million in fiscal 2025 came in 1.1% below the $109 million its prior three years' pace pointed to (top 47% of its family); net income of $15 million against a prior three-year average of $1 million (bottom 6%); a net margin of -14.1% against -1% before (bottom 19%) (its annual reports).