Natural Health Trends Q4 revenue $12.5M, up 7% sequentially; full-year revenue down 18%; board member resigns

NATURAL HEALTH TRENDS CORP

2022-FY EPS reported $0.03 revenue$49,134,000

Q4 2022 revenue $12.5M, up 7% from Q3 but down 22% YoY; net income $188K ($0.02 diluted EPS).
Full-year 2022 revenue $49.1M, down 18% YoY; net income $313K ($0.03 diluted EPS) vs $1.1M in 2021.
Active Members fell to 38,660 at Dec 31, 2022, down 6% sequentially and 12% YoY.
Board declared quarterly cash dividend of $0.20/share, payable March 3, 2023.
Director Brunde E. Broady resigned Feb 6, 2023 due to personal reasons; no replacement named.

item 2.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Brunde E. Broady

Member of the Board of Directors

NHTC · NATURAL HEALTH TRENDS CORP

Effective: 2023-02-06
Filed: February 8, 2023, 6:59 PM ET

Brunde E. Broady resigned as a member of the Board of Directors on February 6, 2023, stating that her resignation was due to unforeseen circumstances in her personal life.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NATURAL HEALTH TRENDS CORP reported Full Year 2022 results: revenue $49.1 million, net income $313,000, EPS $0.03 per diluted share.

Period: Full Year 2022
Revenue: $49.1 million
Net income: $313,000
EPS: $0.03 per diluted share
Result: preliminary results

Exact text from the filing

Full Year 2022 Financial Highlights • Revenue of $49.1 million decreased 18% compared to $60.0 million in 2021. • Operating loss was $270,000 compared to operating income of $1.6 million in 2021. • Net income was $313,000, or $0.03 per diluted share

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NATURAL HEALTH TRENDS CORP reported Fourth Quarter 2022 results: revenue $12.5 million, net income $188,000, EPS $0.02 per diluted share.

Period: Fourth Quarter 2022
Revenue: $12.5 million
Net income: $188,000
EPS: $0.02 per diluted share
Result: preliminary results

Exact text from the filing

Revenue of $12.5 million increased 7% compared to $11.7 million in the third quarter of 2022 and decreased 22% compared to $16.1 million in the fourth quarter of 2021. • Operating income was $43,000 compared to operating loss of $145,000 in the third quarter of 2022 and operating income of $487,000 million in the fourth quarter of 2021. • Net income was $188,000, or $0.02 per diluted share

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.98

Brunde E. Broady resigned as Member of the Board of Directors at NATURAL HEALTH TRENDS CORP.

Action: resigned
Role: Member of the Board of Directors

Exact text from the filing

Brunde E. Broady resigned as a member of the Board of Directors on February 6, 2023, stating that her resignation was due to unforeseen circumstances in her personal life.

View on SEC.gov

Browse all earnings releases →

NATURAL HEALTH TRENDS CORP filing history →

Source: SEC EDGAR

accession 0001437749-23-002741

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.