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Side-by-side financial comparison of MANNATECH INC (MTEX) and Alpine Income Property Trust, Inc. (PINE). Click either name above to swap in a different company.

MANNATECH INC is the larger business by last-quarter revenue ($29.2M vs $18.4M, roughly 1.6× Alpine Income Property Trust, Inc.). Alpine Income Property Trust, Inc. runs the higher net margin — 11.9% vs 6.6%, a 5.3% gap on every dollar of revenue. On growth, Alpine Income Property Trust, Inc. posted the faster year-over-year revenue change (29.6% vs -8.1%). Over the past eight quarters, Alpine Income Property Trust, Inc.'s revenue compounded faster (21.4% CAGR vs -5.4%).

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.

Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust that owns and operates a diversified portfolio of single-tenant net lease commercial properties across the United States. Its core asset segments include essential retail, industrial, and suburban office spaces, delivering stable recurring rental revenue to support consistent returns for its shareholders.

MTEX vs PINE — Head-to-Head

Bigger by revenue
MTEX
MTEX
1.6× larger
MTEX
$29.2M
$18.4M
PINE
Growing faster (revenue YoY)
PINE
PINE
+37.6% gap
PINE
29.6%
-8.1%
MTEX
Higher net margin
PINE
PINE
5.3% more per $
PINE
11.9%
6.6%
MTEX
Faster 2-yr revenue CAGR
PINE
PINE
Annualised
PINE
21.4%
-5.4%
MTEX

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
MTEX
MTEX
PINE
PINE
Revenue
$29.2M
$18.4M
Net Profit
$1.9M
$2.2M
Gross Margin
76.4%
Operating Margin
6.9%
35.4%
Net Margin
6.6%
11.9%
Revenue YoY
-8.1%
29.6%
Net Profit YoY
686.6%
285.3%
EPS (diluted)
$1.01
$0.06

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
MTEX
MTEX
PINE
PINE
Q1 26
$18.4M
Q4 25
$16.9M
Q3 25
$29.2M
$14.6M
Q2 25
$14.9M
Q1 25
$26.6M
$14.2M
Q4 24
$29.0M
$13.8M
Q3 24
$31.7M
$13.5M
Q2 24
$27.7M
$12.5M
Net Profit
MTEX
MTEX
PINE
PINE
Q1 26
$2.2M
Q4 25
$1.5M
Q3 25
$1.9M
$-1.3M
Q2 25
$-1.6M
Q1 25
$-1.5M
$-1.2M
Q4 24
$2.3M
$-958.0K
Q3 24
$-328.0K
$3.1M
Q2 24
$-624.0K
$204.0K
Gross Margin
MTEX
MTEX
PINE
PINE
Q1 26
Q4 25
Q3 25
76.4%
Q2 25
Q1 25
74.3%
Q4 24
80.6%
Q3 24
74.5%
Q2 24
77.1%
Operating Margin
MTEX
MTEX
PINE
PINE
Q1 26
35.4%
Q4 25
35.3%
Q3 25
6.9%
16.6%
Q2 25
16.8%
Q1 25
-3.1%
16.0%
Q4 24
3.0%
14.3%
Q3 24
2.8%
47.9%
Q2 24
-4.1%
24.0%
Net Margin
MTEX
MTEX
PINE
PINE
Q1 26
11.9%
Q4 25
8.7%
Q3 25
6.6%
-9.0%
Q2 25
-11.0%
Q1 25
-5.8%
-8.3%
Q4 24
7.8%
-6.9%
Q3 24
-1.0%
22.8%
Q2 24
-2.2%
1.6%
EPS (diluted)
MTEX
MTEX
PINE
PINE
Q1 26
$0.06
Q4 25
$0.07
Q3 25
$1.01
$-0.09
Q2 25
$-0.12
Q1 25
$-0.80
$-0.08
Q4 24
$1.19
$-0.06
Q3 24
$-0.17
$0.21
Q2 24
$-0.33
$0.01

Balance Sheet & Financial Strength

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

Metric
MTEX
MTEX
PINE
PINE
Cash + ST InvestmentsLiquidity on hand
$7.1M
$2.6M
Total DebtLower is stronger
$2.9M
Stockholders' EquityBook value
$7.0M
$312.5M
Total Assets
$33.9M
$745.1M
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTEX
MTEX
PINE
PINE
Q1 26
$2.6M
Q4 25
$4.6M
Q3 25
$7.1M
$1.2M
Q2 25
$5.0M
Q1 25
$9.3M
$6.1M
Q4 24
$11.4M
$1.6M
Q3 24
$12.2M
$2.6M
Q2 24
$9.2M
$3.3M
Total Debt
MTEX
MTEX
PINE
PINE
Q1 26
Q4 25
$377.7M
Q3 25
$2.9M
$358.2M
Q2 25
$352.6M
Q1 25
$356.5M
Q4 24
$301.5M
Q3 24
$278.9M
Q2 24
$268.3M
Stockholders' Equity
MTEX
MTEX
PINE
PINE
Q1 26
$312.5M
Q4 25
$279.9M
Q3 25
$7.0M
$223.5M
Q2 25
$229.8M
Q1 25
$7.6M
$240.9M
Q4 24
$8.6M
$253.0M
Q3 24
$10.0M
$248.2M
Q2 24
$8.2M
$244.0M
Total Assets
MTEX
MTEX
PINE
PINE
Q1 26
$745.1M
Q4 25
$715.9M
Q3 25
$33.9M
$621.4M
Q2 25
$628.4M
Q1 25
$36.7M
$647.4M
Q4 24
$36.1M
$605.0M
Q3 24
$40.6M
$579.0M
Q2 24
$39.9M
$565.8M
Debt / Equity
MTEX
MTEX
PINE
PINE
Q1 26
Q4 25
1.35×
Q3 25
0.42×
1.60×
Q2 25
1.53×
Q1 25
1.48×
Q4 24
1.19×
Q3 24
1.12×
Q2 24
1.10×

Cash Flow & Capital Efficiency

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

Metric
MTEX
MTEX
PINE
PINE
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
MTEX
MTEX
PINE
PINE
Q1 26
Q4 25
$25.8M
Q3 25
$-1.3M
$8.7M
Q2 25
$9.1M
Q1 25
$-1.4M
$5.8M
Q4 24
$-219.0K
$23.4M
Q3 24
$3.3M
$6.2M
Q2 24
$-2.7M
$8.0M
Free Cash Flow
MTEX
MTEX
PINE
PINE
Q1 26
Q4 25
$-87.8M
Q3 25
$-2.0M
$-48.8M
Q2 25
$-3.0M
Q1 25
$-1.9M
$-55.5M
Q4 24
$-325.0K
$-33.4M
Q3 24
$3.0M
$-43.0M
Q2 24
$-2.7M
$-13.5M
FCF Margin
MTEX
MTEX
PINE
PINE
Q1 26
Q4 25
-519.4%
Q3 25
-6.8%
-334.9%
Q2 25
-20.0%
Q1 25
-7.0%
-391.0%
Q4 24
-1.1%
-242.4%
Q3 24
9.5%
-319.3%
Q2 24
-9.9%
-108.0%
Capex Intensity
MTEX
MTEX
PINE
PINE
Q1 26
Q4 25
671.8%
Q3 25
2.4%
394.8%
Q2 25
81.2%
Q1 25
1.8%
432.0%
Q4 24
0.4%
412.3%
Q3 24
0.8%
365.4%
Q2 24
0.3%
172.3%
Cash Conversion
MTEX
MTEX
PINE
PINE
Q1 26
Q4 25
17.48×
Q3 25
-0.68×
Q2 25
Q1 25
Q4 24
-0.10×
Q3 24
2.02×
Q2 24
39.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MTEX
MTEX

Segment breakdown not available.

PINE
PINE

Lease Income$12.6M68%
Other$5.8M31%
Other Revenue$46.0K0%

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