The Top 10 Hot Growth Companies
6
Mannatech
What exactly is glyconutrient technology? According to nutritional supplement provider Mannatech, it's the use of plant extracts to enhance cell-to-cell communication and overall physical health. It's a revolution akin to the invention of the personal computer or the digital video disc, the company claims.
Located in the Dallas suburb of Coppell, Tex., Mannatech has a network of more than 400,000 sales reps pitching products such as its GlycoLEAN Body System, a package of powdered drink mixes and vitamins that cost $170 a month. The company's sales have more than doubled to $300 million in the past two years. Its stock price, too, has doubled to a recent $16 per share.
Company Info
| STOCK INFO | MTEX |
| Market Value* | $ 537.2 MILLION |
| Total Return* | (1-yr.) 91.3%
(3-yr.) 659.2% |
| 2004 sales | $ 294.5 MILLION |
| Sales Growth | (1-yr.) 54.2%
(3-yr.) 32.1% |
| Net income* | $ 19.6 MILLION |
| Net Income Growth | (1-yr.) 122.4%
(3-yr.) 221.8% |
| Net Margin* | 6.6% |
| Return on Equity* | 33.2% |
| Return on Invested Capital* | 34.8% |
| Industry | HOUSEHOLD & PERSONAL PRODUCTS |
| CORPORATE WEB SITE | |
*Trailing 12 months
Company data as of 4/29/05
provided by Standard & Poor's Compustat
The 100 Best Small Companies
Company Snapshot
Mannatech Inc. develops nutritional supplements, topical products, and weight-management products. Its products are designed to support cell-to-cell communication, the immune system, the endocrine system, skin, and health, as well as nutritional support during weight loss. It provides various nutritional supplements for overall health and wellness; wellness management products to support and maintain specific areas of the body; lifestyle solutions to further support specific physiological functions that need additional nutritional support; sports performance nutrition products that provide nutrition to support physical performance and maintain muscle mass; a body system that focuses on various aspects of nutrition and weight management; skin care solutions, which are designed to strengthen the skin's own natural texture, softness, and elasticity, as well as to deliver vital antioxidants to the skin; and children's growth essentials for their overall health and wellness.
Mannatech also offers sales aids for its associates, which include enrollment and renewal packs, orientation and training programs, brochures, audio and videotapes, Web-based data-management tools, and personalized Web-site development. It primarily sells its products, as well as its starter and renewal packs, through a network-marketing system in the U.S., Canada, Australia, Britain, Japan, New Zealand, and Korea. Mannatech was incorporated in 1993 and is headquartered in Coppell, Tex.
No. of Employees
388
Data provided by 
