📊 MTEX Key Takeaways
Is MTEX a Good Investment? Thesis Analysis
Despite exceptional revenue growth of 42,346% YoY, Mannatech is fundamentally unprofitable with negative operating income, negative net income of -$3.9M, and deteriorating cash flows. The company is burning cash with negative operating cash flow of -$2.7M and free cash flow of -3.9M, indicating the revenue growth is not translating into sustainable business operations.
Why Buy MTEX? Key Strengths
- Exceptional gross margin of 74.8% demonstrates strong pricing power and cost structure
- Substantial revenue growth of 42,346% YoY indicates significant market demand or business expansion
- Solid cash position of $7.1M provides short-term liquidity buffer
MTEX Investment Risks to Consider
- Massive operating losses (-$269K) and net losses (-$3.9M) despite high revenue indicate severe operational dysfunction
- Negative operating and free cash flows (-$2.7M and -$3.9M respectively) show the company is burning cash and unsustainable at current trajectory
- Negative ROE of -56.4% and ROA of -11.6% demonstrate value destruction for shareholders and inefficient asset utilization
- Quick ratio of 0.56x indicates potential liquidity concerns beyond immediate cash reserves
- The extraordinary revenue growth figure (42,346%) is anomalous and suggests potential accounting irregularities or business restructuring requiring investigation
Key Metrics to Watch
- Operating cash flow trend - critical indicator of whether revenue growth converts to real cash generation
- Operating margin progression - must achieve profitability at operating level before growth is meaningful
- Cash burn rate and runway - determines how long company can sustain operations before depletion of cash reserves
MTEX Financial Metrics
💡 AI Analyst Insight
MANNATECH INC presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
MTEX Profitability Ratios
MTEX vs Default Sector
How MANNATECH INC compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is MTEX Overvalued or Undervalued?
Based on fundamental analysis, MANNATECH INC has mixed fundamental signals relative to the Default sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
MTEX Balance Sheet & Liquidity
MTEX 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: MANNATECH INC's revenue has declined by 16% over the 5-year period, indicating business contraction. The most recent EPS of $-1.20 indicates the company is currently unprofitable.
MTEX Growth Metrics (YoY)
MTEX Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $29.2M | $228.0K | $0.12 |
| Q1 2025 | $26.6M | $1.2M | $0.63 |
| Q3 2024 | $31.7M | $18.0K | $0.01 |
| Q2 2024 | $27.7M | -$501.0K | $-0.27 |
| Q1 2024 | $29.4M | $604.0K | $0.32 |
| Q3 2023 | $32.4M | $18.0K | $0.01 |
| Q2 2023 | $32.6M | $134.0K | $-0.27 |
| Q3 2022 | $32.4M | $134.0K | $0.06 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
MTEX Capital Allocation
MTEX SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for MANNATECH INC (CIK: 0001056358)
📋 Recent SEC Filings
❓ Frequently Asked Questions about MTEX
What is the AI rating for MTEX?
MANNATECH INC (MTEX) has an AI rating of STRONG SELL with 85% confidence, based on fundamental analysis of SEC EDGAR filings.
What are MTEX's key strengths?
Claude: Exceptional gross margin of 74.8% demonstrates strong pricing power and cost structure. Substantial revenue growth of 42,346% YoY indicates significant market demand or business expansion.
What are the risks of investing in MTEX?
Claude: Massive operating losses (-$269K) and net losses (-$3.9M) despite high revenue indicate severe operational dysfunction. Negative operating and free cash flows (-$2.7M and -$3.9M respectively) show the company is burning cash and unsustainable at current trajectory.
What is MTEX's revenue and growth?
MANNATECH INC reported revenue of $81.4M.
Does MTEX pay dividends?
MANNATECH INC does not currently pay dividends.
Where can I find MTEX SEC filings?
Official SEC filings for MANNATECH INC (CIK: 0001056358) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is MTEX's EPS?
MANNATECH INC has a diluted EPS of $-2.06.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is MTEX a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, MANNATECH INC has a STRONG SELL rating with 85% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is MTEX stock overvalued or undervalued?
Valuation metrics for MTEX: ROE of -56.4% (sector avg: 15%), net margin of -4.8% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy MTEX stock in 2026?
Our dual AI analysis gives MANNATECH INC a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is MTEX's free cash flow?
MANNATECH INC's operating cash flow is $-2.7M, with capital expenditures of $1.2M. FCF margin is -4.7%.
How does MTEX compare to other Default stocks?
Vs Default sector averages: Net margin -4.8% (avg: 12%), ROE -56.4% (avg: 15%), current ratio 1.13 (avg: 1.8).