← BackNATURAL HEALTH TRENDS CORP · Miscellaneous Nondurable GoodsNHTC
Moderate riskNext report: Around Nov 4 (est.)
The short versionA company still losing money with shrinking sales. Institutions are trimming.
Watch out for
- Sales down 14% in the latest quarter vs a year ago
- About 14 months of cash left at its current burn
- Losing money
Money moves
- No insider buying or selling in the last 30 days
- Institutions cut 3.7% from their holdings in the quarter ending June 2026 (7 bought, 11 sold)
Facts from SEC filings, not a recommendation.
The business over time
Last 12 quarters, from SEC filings
Sales, Mar '26$9.2M-14% vs a year earlier
Jun '23Tap a barMar '26
Last 12 months: $38.2M, down 11% from the 12 months before. Over 5 years, sales shrank about 8.5% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.-3.1%
- PassDebt under half of equityNot relying on borrowed money.No debt reported
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-2.2%
- MissProfitable every yearSteady profits, not one good year.8 of 10 years
- MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$6.1M
- PassShare count not growingNot diluting owners. Falling means buybacks.+0.6% in 3 years
- PassGross margin 40%+Pricing power: sells for well above what it costs to make.73.5%
- Revenue
- $39.8M
- -7.4% vs prior year
- 5-year growth
- -8.5%/yr
- revenue, per year
- Total debt
- None
- 0.00x equity
- Current ratio
- 2.50x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Mar 31, 2026- Revenue
- $9.2M
- -14.3% YoY
- EPS
- -$0.02
- vs $0.01
- Op. margin
- -5.1%
- -1.9 pts
- Gross margin
- 75.0%
- +1.4 pts
- Free cash flow
- -$912K
- Share count
- -11.7%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 0.2
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▼Distributing-3.7%Institutions cut 3.7% from their holdings. 7 bought, 11 sold. 4 quarters of net selling in a row.
Shares held by institutions1.0M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-9.4%Cash runwayAt last year's cash burn
18 monthsDebt to equityLatest balance sheet: debt compared with what owners have
No debt reportedShares outstandingLatest reported
9MWhy moderate risk- Losing money
- About 18 months of cash left at its current burn
Next reportAround Nov 4 (est.)Estimated from the same quarter last year
- Results filedJul 29
- Results filedApr 29
- Results filedFeb 4
- Results filedNov 5, 2025
- Results filedJul 30, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.