Jun 30, 2022

Nature's Sunshine Q2 2022 Earnings Report

Reported financial results for the second quarter ended June 30, 2022.

Key Takeaways

Nature's Sunshine's net sales were $104.2 million compared to $109.0 million in the same year-ago quarter. GAAP net income was $1.0 million, or $0.03 per diluted common share, compared to $6.8 million, or $0.32 per diluted common share. Adjusted EBITDA was $9.0 million compared to $13.4 million.

Net sales were $104.2 million compared to $109.0 million.

GAAP net income was $1.0 million, or $0.03 per diluted common share, compared to $6.8 million, or $0.32 per diluted common share.

Adjusted EBITDA was $9.0 million compared to $13.4 million.

Revenue was flat on a constant currency basis, driven by continued rapid growth in Asia and mitigated losses in Europe.

Total Revenue
$104M
Previous year: $10.9M
+851.8%
EPS
$0.03
Previous year: $0.32
-90.6%
Gross Profit
$74.7M
Previous year: $80.5M
-7.2%
Cash and Equivalents
$56.3M
Previous year: $74.9M
-24.8%
Free Cash Flow
-$3.66M
Previous year: $6.06M
-160.3%
Total Assets
$233M
Previous year: $233M
-0.1%

Nature's Sunshine

Nature's Sunshine

Nature's Sunshine Revenue by Segment

Nature's Sunshine Revenue by Geographic Location

Forward Guidance

The Company recognizes the volatility and uncertainty of the operating environment and will continue to invest in its five global growth strategies and support its partners around the world.

Positive Outlook

  • Continue to invest in our five global growth strategies
  • Support our partners around the world
  • Strong balance sheet
  • Confidence in our long-term vision
  • Continued rapid growth in Asia

Challenges Ahead

  • Volatility and uncertainty of the operating environment
  • Devastating war in Ukraine
  • Rampant inflation
  • Supply chain pressures
  • Lingering impact of COVID-19

Revenue & Expenses

Visualization of income flow from segment revenue to net income