---
schema_version: "secwatch.filing_event.v1"
accession: "0001056358-22-000022"
form_type: "8-K"
ticker: "MTEX"
cik: "0001056358"
company_name: "MANNATECH INC"
filed_at: "2022-03-15T23:59:59+00:00"
generated_at: "2026-06-26T22:37:27.935575+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Mannatech Q4 net income $2.6M ($1.25 diluted); gross margin improves; recruiting declines 8.2%

## Summary
- Net sales flat at $39.5M (+0.8% YoY); operating income $1.0M vs -$11K loss a year ago.
- Net income $2.6M ($1.25 diluted) vs $0.7M ($0.34) in Q4 2020; includes $1.7M tax benefit and $0.6M Korea Customs charge.
- Gross margin improved to 77.5% from 73.3% YoY; commissions and incentives as % sales declined.
- New independent associates and preferred customers fell 8.2% to 18,052; total network positions ~163,000.
- Cash $24.2M; paid $4.3M in dividends and repurchased $5.1M in stock during 2021.

## SEC filing metadata
- accession: 0001056358-22-000022
- form_type: 8-K
- ticker: MTEX
- cik: 0001056358
- company_name: MANNATECH INC
- filed_at: 2022-03-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1056358/000105635822000022/0001056358-22-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1056358/000105635822000022/mtex-20220315.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001056358-22-000022
- JSON: https://secwatch.observer/filing/0001056358-22-000022.json
- Plain text: https://secwatch.observer/filing/0001056358-22-000022.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.