vs

Side-by-side financial comparison of Canaan Inc. (CAN) and MANNATECH INC (MTEX). Click either name above to swap in a different company.

MANNATECH INC is the larger business by last-quarter revenue ($29.2M vs $20.8M, roughly 1.4× Canaan Inc.). MANNATECH INC runs the higher net margin — 6.6% vs -18.4%, a 25.0% gap on every dollar of revenue.

Canaan Inc., doing business as Canaan Creative and known simply as Canaan, is a Singapore-based computer hardware manufacturer. Established in 2013 by N.G. Zhang, Canaan specializes in Blockchain servers and ASIC microprocessors for use in bitcoin mining.

Mannatech Inc. is a publicly traded, multinational multi-level marketing firm that sells dietary supplements and personal care products. It was founded in November 1993 by Samuel Caster, and is headquartered in Flower Mound, Texas. The company's stock is traded on the NASDAQ exchange under the symbol MTEX. As of 2017, Mannatech employed 252 people and sold its products through some 220,000 independent sales associates.

CAN vs MTEX — Head-to-Head

Bigger by revenue
MTEX
MTEX
1.4× larger
MTEX
$29.2M
$20.8M
CAN
Higher net margin
MTEX
MTEX
25.0% more per $
MTEX
6.6%
-18.4%
CAN

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
CAN
CAN
MTEX
MTEX
Revenue
$20.8M
$29.2M
Net Profit
$-3.8M
$1.9M
Gross Margin
99.9%
76.4%
Operating Margin
-15.9%
6.9%
Net Margin
-18.4%
6.6%
Revenue YoY
-8.1%
Net Profit YoY
686.6%
EPS (diluted)
$-0.05
$1.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CAN
CAN
MTEX
MTEX
Q4 25
$20.8M
Q3 25
$13.8M
$29.2M
Q2 25
$11.4M
Q1 25
$26.6M
Q4 24
$29.0M
Q3 24
$10.2M
$31.7M
Q2 24
$4.8M
$27.7M
Q1 24
$29.4M
Net Profit
CAN
CAN
MTEX
MTEX
Q4 25
$-3.8M
Q3 25
$-1.5M
$1.9M
Q2 25
$-11.9M
Q1 25
$-1.5M
Q4 24
$2.3M
Q3 24
$-10.4M
$-328.0K
Q2 24
$-5.4M
$-624.0K
Q1 24
$1.2M
Gross Margin
CAN
CAN
MTEX
MTEX
Q4 25
99.9%
Q3 25
99.9%
76.4%
Q2 25
99.9%
Q1 25
74.3%
Q4 24
80.6%
Q3 24
99.9%
74.5%
Q2 24
99.8%
77.1%
Q1 24
78.6%
Operating Margin
CAN
CAN
MTEX
MTEX
Q4 25
-15.9%
Q3 25
-27.0%
6.9%
Q2 25
-45.5%
Q1 25
-3.1%
Q4 24
3.0%
Q3 24
-77.2%
2.8%
Q2 24
-193.9%
-4.1%
Q1 24
2.8%
Net Margin
CAN
CAN
MTEX
MTEX
Q4 25
-18.4%
Q3 25
-11.0%
6.6%
Q2 25
-104.4%
Q1 25
-5.8%
Q4 24
7.8%
Q3 24
-102.7%
-1.0%
Q2 24
-112.3%
-2.2%
Q1 24
4.0%
EPS (diluted)
CAN
CAN
MTEX
MTEX
Q4 25
$-0.05
Q3 25
$-0.02
$1.01
Q2 25
$-0.25
Q1 25
$-0.80
Q4 24
$1.19
Q3 24
$-0.17
Q2 24
$-0.33
Q1 24
$0.63

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CAN
CAN
MTEX
MTEX
Cash + ST InvestmentsLiquidity on hand
$7.1M
Total DebtLower is stronger
$6.2M
$2.9M
Stockholders' EquityBook value
$52.4M
$7.0M
Total Assets
$92.5M
$33.9M
Debt / EquityLower = less leverage
0.12×
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAN
CAN
MTEX
MTEX
Q4 25
Q3 25
$7.1M
Q2 25
Q1 25
$9.3M
Q4 24
$11.4M
Q3 24
$12.2M
Q2 24
$9.2M
Q1 24
$7.9M
Total Debt
CAN
CAN
MTEX
MTEX
Q4 25
$6.2M
Q3 25
$6.2M
$2.9M
Q2 25
$6.2M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CAN
CAN
MTEX
MTEX
Q4 25
$52.4M
Q3 25
$44.7M
$7.0M
Q2 25
$33.8M
Q1 25
$7.6M
Q4 24
$8.6M
Q3 24
$43.6M
$10.0M
Q2 24
$56.8M
$8.2M
Q1 24
$10.4M
Total Assets
CAN
CAN
MTEX
MTEX
Q4 25
$92.5M
Q3 25
$81.7M
$33.9M
Q2 25
$78.0M
Q1 25
$36.7M
Q4 24
$36.1M
Q3 24
$69.3M
$40.6M
Q2 24
$73.7M
$39.9M
Q1 24
$41.1M
Debt / Equity
CAN
CAN
MTEX
MTEX
Q4 25
0.12×
Q3 25
0.14×
0.42×
Q2 25
0.18×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CAN
CAN
MTEX
MTEX
Operating Cash FlowLast quarter
$-1.3M
Free Cash FlowOCF − Capex
$-2.0M
FCF MarginFCF / Revenue
-6.8%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
-0.68×
TTM Free Cash FlowTrailing 4 quarters
$-1.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAN
CAN
MTEX
MTEX
Q4 25
Q3 25
$-1.3M
Q2 25
Q1 25
$-1.4M
Q4 24
$-219.0K
Q3 24
$3.3M
Q2 24
$-2.7M
Q1 24
$1.9M
Free Cash Flow
CAN
CAN
MTEX
MTEX
Q4 25
Q3 25
$-2.0M
Q2 25
Q1 25
$-1.9M
Q4 24
$-325.0K
Q3 24
$3.0M
Q2 24
$-2.7M
Q1 24
$1.8M
FCF Margin
CAN
CAN
MTEX
MTEX
Q4 25
Q3 25
-6.8%
Q2 25
Q1 25
-7.0%
Q4 24
-1.1%
Q3 24
9.5%
Q2 24
-9.9%
Q1 24
6.2%
Capex Intensity
CAN
CAN
MTEX
MTEX
Q4 25
Q3 25
2.4%
Q2 25
Q1 25
1.8%
Q4 24
0.4%
Q3 24
0.8%
Q2 24
0.3%
Q1 24
0.2%
Cash Conversion
CAN
CAN
MTEX
MTEX
Q4 25
Q3 25
-0.68×
Q2 25
Q1 25
Q4 24
-0.10×
Q3 24
Q2 24
Q1 24
1.59×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons