Mannatech Full Year 2023 Earnings: US$1.20 loss per share (vs US$2.35 loss in FY 2022)

Mannatech, Incorporated +1.63%

Mannatech, Incorporated

MTEX

8.33

+1.63%

Mannatech (NASDAQ:MTEX) Full Year 2023 Results

Key Financial Results

  • Revenue: US$132.0m (down 3.8% from FY 2022).
  • Net loss: US$2.24m (loss narrowed by 50% from FY 2022).
  • US$1.20 loss per share (improved from US$2.35 loss in FY 2022).
revenue-and-expenses-breakdown
NasdaqGS:MTEX Revenue and Expenses Breakdown April 3rd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

The primary driver behind last 12 months revenue was the Asia Pacific segment contributing a total revenue of US$79.4m (60% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to US$57.7m (55% of total expenses). Explore how MTEX's revenue and expenses shape its earnings.

Mannatech shares are up 7.1% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Mannatech (1 shouldn't be ignored!) that you need to take into consideration.

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