Mannatech Inc

Mannatech Inc has a negative net income of -$15.21 million and a negative return on equity of 2.91%, indicating poor profitability. The company's liquidity position is weak, with a current ratio of 1.1 and negative total equity of -$5.22 million. Despite holding $6.19 million in cash and equivalents, the company has negative free cash flow of -$15.47 million and negative operating cash flow of -$2.96 million, signaling significant cash outflows. The company's operating performance is below industry norms, with a negative return on assets of -0.51% and an operating loss of -$0.43 million. The gross profit margin is 75.0%, but this is not sufficient to offset the operating and net losses. The company's debt-to-equity ratio is -0.66, reflecting a capital structure that is heavily leveraged and in deficit. Mannatech Inc operates in a single business segment and generates all of its revenue from the direct-to-consumer distribution of nutritional and personal care products. There is no geographic diversification disclosed, and the company's revenue is entirely dependent on its direct sales model. The company's revenue for the latest period is $108.04 million, but there is no disclosed growth trajectory or outlook for the next fiscal year. The negative net income and operating cash flow suggest a challenging operating environment, and the company may need to address its profitability and liquidity issues to sustain operations. There are no immediate filing-based liquidity or dilution flags, and the risk assessment indicates low dilution potential. However, the company's negative equity and cash outflows may necessitate future capital raising, which could lead to dilution. No recent events or filings have been disclosed that would significantly impact the company's operations or financial position.