Filing Flows › Mannatech (MTEX) › Q4 2024
Mannatech (MTEX) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 26, 2025
Mannatech (MTEX) reported revenue of $29.0M for the fourth quarter 2024 (Q4 2024), -11% from a year earlier and -9% from the quarter before. Operating margin was 3.0%, net earnings $2.3M (7.8% of revenue).
Mannatech, Q4 2024: revenue $29.0M (-11% year over year), operating margin 3.0%, net earnings $2.3M, operating cash flow −$219K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $29.0M | -9% | -11% |
| Gross profit | $23.4M | -1% | -5% |
| Operating profit | $864K | -3% | — |
| Net earnings | $2.3M | — | — |
| Operating cash flow | −$219K | — | — |
What changed
Revenue was $29.0M in Q4 2024, down 11% year over year and down 9% from the previous quarter. Consolidated product sales was the largest line at 97% of revenue.
Gross margin was 80.5%, up 5.2 points from a year earlier. Operating profit was $864K, a 3.0% margin (up 5.7 points year over year). Operating expenses fell 12% while revenue fell 11%. Net earnings were $2.3M. The effective tax rate was 21.3%. Non-operating items added $2.0M, 70% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$219K. Non-cash charges added back $360K of depreciation and amortization and $22K of share-based compensation. Working capital and other items used $2.9M. Capital expenditures of −$106K exceeded it, leaving free cash flow of −$113K.
Questions
What was Mannatech's revenue in the fourth quarter 2024?
Mannatech (MTEX) reported revenue of $29.0M for the fourth quarter 2024 (Q4 2024), -11% from a year earlier and -9% from the quarter before.
Was Mannatech profitable in the fourth quarter 2024?
Operating profit was $864K (3.0% of revenue) and net earnings $2.3M.
Source: Mannatech 10-K on SEC EDGAR.