since mannatech’s establishment in 1994, the company has pioneered a commitment to developing genuine solutions to promote health, wellness and financial freedom. we are a firmly established international company operating in the united states, canada, mexico, colombia, south africa, australia, new zealand, austria, denmark, germany, norway, sweden, finland, estonia, netherlands, czech republic, united kingdom, ireland, spain, japan, taiwan, singapore, hong kong and the republic of korea. all of our products are developed on the solid foundation of science and based on the premise that quality, natural health products can most effectively support the human body’s natural inclination to stay healthy. we invite you to share in the hope and heart that is mannatech while experiencing life-changing results through real food technology solutions—the brains and brawn of science and nature combined into powerful, nutritional supplements. you won’t find our products in supermarkets or on drug s
Company profile
Ticker
MTEX
Exchange
Website
CEO
Alfredo Bala
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
1.Mannatech Australia Pty Limited • 2.Mannatech Japan, G.K. • 3.Mannatech Korea Co., Ltd. • 4.Mannatech Limited • 5.Mannatech Limited • 6.Mannatech Taiwan Corporation • 7.Mannatech Payment Services Incorporated • 8.Mannatech Products Company Inc. • 9.Internet Health Group, Inc. • 10.Mannatech (International) Limited ...
IRS number
752508900
MTEX stock data
Latest filings (excl ownership)
8-K
Mannatech Reports Second Quarter End 2023 Financial Results
14 Aug 23
10-Q
2023 Q2
Quarterly report
14 Aug 23
8-K
Mannatech Announces Results of Annual Shareholders’ Meeting
8 Jun 23
8-K
Mannatech Declares First Quarter 2023 Dividend
24 May 23
8-K
Mannatech Announces New Tiered Affiliate Program Pre-Launch
23 May 23
8-K
Mannatech Reports First Quarter End 2023 Financial Results
11 May 23
10-Q
2023 Q3
Quarterly report
11 May 23
ARS
2022 FY
Annual report to shareholders
27 Apr 23
DEFA14A
Additional proxy soliciting materials
27 Apr 23
DEF 14A
Definitive proxy
27 Apr 23
Latest ownership filings
4
ALFREDO BALA
30 Aug 23
144
Notice of proposed sale of securities
29 Aug 23
4
LARRY A JOBE
21 Aug 23
4
ALFREDO BALA
6 Jul 23
144
Notice of proposed sale of securities
29 Jun 23
4
Seifrick A John
9 Jun 23
4
Landen Granvel Fredrick
15 Feb 23
SC 13G/A
Sudbury Capital Fund, LP
13 Jan 23
4
Kevin Andrew Robbins
5 Jan 23
4
LARRY A JOBE
5 Jan 23
Financial summary
| Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 10.77 mm | 10.77 mm | 10.77 mm | 10.77 mm | 10.77 mm | 10.77 mm |
| Cash burn (monthly) | 1.44 mm | 934.50 k | 318.00 k | 127.83 k | 895.67 k | 450.67 k |
| Cash used (since last report) | 4.06 mm | 2.63 mm | 895.80 k | 360.10 k | 2.52 mm | 1.27 mm |
| Cash remaining | 6.72 mm | 8.14 mm | 9.88 mm | 10.41 mm | 8.25 mm | 9.50 mm |
| Runway (months of cash) | 4.7 | 8.7 | 31.1 | 81.4 | 9.2 | 21.1 |
Institutional ownership, Q2 2023
31.7% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 23 |
| Opened positions | 0 |
| Closed positions | 2 |
| Increased positions | 4 |
| Reduced positions | 6 |
| 13F shares | Current |
|---|---|
| Total value | 4.43 bn |
| Total shares | 590.34 k |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Sudbury Capital Fund | 138.25 k | $0.00 |
| McElhenny Sheffield Capital Management | 96.36 k | $1.16 bn |
| WorthPointe | 96.36 k | $1.16 bn |
| BLK Blackrock | 54.95 k | $659.90 mm |
| Bridgeway Capital Management | 45.42 k | $565.50 mm |
| Acadian Asset Management | 39.50 k | $491.00 k |
| Vanguard | 38.82 k | $466.22 mm |
| Renaissance Technologies | 37.50 k | $450.00 k |
| IFG Advisory | 20.09 k | $241.28 mm |
| NTRS Northern Trust | 12.40 k | $148.96 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 30 Aug 23 | Alfredo Bala | Common Stock, par value $0.0001 per share | Sell | Dispose S | No | No | 12.4 | 1,000 | 12.40 k | 3,137 |
| 18 Aug 23 | Larry A Jobe | Common Stock Par Value $0.0001 Per Share | Sell | Dispose S | No | No | 12.82 | 1,217 | 15.60 k | 67,089 |
| 7 Jun 23 | Seifrick A John | Right to Purchase Common Stock Common Stock, par value $0.0001 per share | Grant | Acquire A | No | No | 12.58 | 5,000 | 62.90 k | 6,807 |
| 14 Feb 23 | Landen Granvel Fredrick | Common Stock Par Value $0.0001 Per Share | Option exercise | Acquire M | No | No | 5.72 | 2,000 | 11.44 k | 3,975 |
| 14 Feb 23 | Landen Granvel Fredrick | Right to purchase common stock. Common Stock Par Value $0.0001 Per Share | Option exercise | Dispose M | No | No | 5.72 | 2,000 | 11.44 k | 0 |
| 3 Jan 23 | Seifrick A John | Common stock, par value $0.0001 | Grant | Acquire A | No | No | 17.43 | 1,338 | 23.32 k | 1,338 |