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Mannatech (Mannatech) Net Income : $-2.2 Mil (TTM As of Dec. 2023)


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What is Mannatech Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Mannatech's Net Income for the three months ended in Dec. 2023 was $-1.8 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-2.2 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Mannatech's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.94.


Mannatech Net Income Historical Data

The historical data trend for Mannatech's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mannatech Net Income Chart

Mannatech Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.29 6.26 9.84 -4.49 -2.24

Mannatech Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.51 0.60 -1.11 0.02 -1.76

Mannatech Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Mannatech's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.13+-1.109+0+0
=-2.2

Mannatech's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1.861+0.105+0+0
=-1.8

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mannatech  (NAS:MTEX) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Mannatech's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Mannatech Net Income Related Terms

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Mannatech (Mannatech) Business Description

Traded in Other Exchanges
N/A
Address
1410 Lakeside Parkway, Suite 200, Flower Mound, TX, USA, 75028
Mannatech Inc is a wellness solution provider. The company develops and sells nutritional supplements, topical and skin care and anti-aging products, and weight-management products that target optimal health and wellness. Mannatech sells products in three regions: the Americas (the United States, Canada, and Mexico); 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 Asia/Pacific (Australia, Japan, New Zealand, the Republic of Korea, Singapore, Taiwan, Hong Kong, and China). Mannatech generates the majority of its revenue from Asia/Pacific, followed by the Americas.
Executives
Alfredo Bala officer: CEO and President 28 CITY VIEW CIRCLE, NORTH PROVIDENCE RI 02911
Larry A Jobe director 2951 KINWEST PARKWAY, IRVING TX 75063
Kevin Andrew Robbins director 600 S. ROYAL LANE, STE. 200, COPPELL TX 75019
Seifrick A John director 3443 WEST LAWTHER DRIVE, DALLAS TX 75214
J Stanley Fredrick director, 10 percent owner 1601 BRYAN STREET, 30TH FLOOR, DALLAS TX 75201
Gerald E Gilbert director
Tyler Rameson director 300 SHEFFIELD DRIVE, SANTA BARBARA CA 93108
Erin Kemmler Barta officer: General Counsel 600 S. ROYAL LANE, SUITE 200, COPPELL TX 75019
Ronald Dale Norman officer: Sr VP Treasury 600 S. ROYAL LANE, SUITE 200, COPPELL TX 75019
Joel R. Bikman officer: COO 600 S. ROYAL LANE, SUITE 200, COPPELL TX 75019
Yong Jae Park officer: Regional President 600 S ROYAL LANE, SUITE 200, COPPELL TX 75019
Christopher J. Simons officer: Regional President 600 S ROYAL LANE, SUITE 200, COPPELL TX 75019
David Allen Johnson officer: Chief Financial Officer 600 S. ROYAL LANE, SUITE 200, COPPELL TX 75019
Robert Toth director
Eric W Schrier director MANNATECH, INCORPORATED, 600 S. ROYAL LANE, SUITE 200, COPPELL TX 75019

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