---
schema_version: "secwatch.filing_event.v1"
accession: "0001056358-22-000048"
form_type: "8-K"
ticker: "MTEX"
cik: "0001056358"
company_name: "MANNATECH INC"
filed_at: "2022-05-13T23:59:59+00:00"
generated_at: "2026-06-25T16:11:06.799557+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Mannatech Q1 2022 net sales down 15.5% to $32.4M; EPS $0.06 vs $1.04 YoY

## Summary
- Net sales $32.4M, down 15.5% from $38.3M; foreign exchange reduced sales by $1.5M.
- Net income $0.1M ($0.06 diluted EPS) vs $2.2M ($1.04 diluted EPS) in Q1 2021.
- Operating income near zero vs $2.8M a year ago; supply chain constraints and $0.9M deferred revenue in Hong Kong.
- Independent associate/preferred customer positions fell to ~157,000 from ~187,000; new recruits down 5.1%.
- Product fulfilled orders declined 6% to 189,700.

## SEC filing metadata
- accession: 0001056358-22-000048
- form_type: 8-K
- ticker: MTEX
- cik: 0001056358
- company_name: MANNATECH INC
- filed_at: 2022-05-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1056358/000105635822000048/0001056358-22-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1056358/000105635822000048/mtex-20220513.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001056358-22-000048
- JSON: https://secwatch.observer/filing/0001056358-22-000048.json
- Plain text: https://secwatch.observer/filing/0001056358-22-000048.txt

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