Natural Health Trends (NHTC) Q1 2025 Earnings Call April 30, 2025 11:30 AM ET Speaker0 Greetings, and welcome to the Natural Health Trends Corp. First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. And as a reminder, this conference is being recorded. It is now my pleasure to introduce to you Michelle Godwell with Natural Health Trends Corp. Thank you. You may begin. Speaker1 Thank you, and welcome to Natural Health Trends First Quarter twenty ...

Financial Performance - Net sales for Q1 2025 were $10,737,000, a decrease of 1.95% compared to $10,951,000 in Q1 2024[17] - Gross profit for Q1 2025 was $7,905,000, down from $8,039,000 in Q1 2024, reflecting a gross margin of approximately 73.6%[17] - Net income for Q1 2025 was $122,000, a decline of 35% from $188,000 in Q1 2024[19] - Total net sales for the three months ended March 31, 2025, were $10.7 million, a decrease of 2% from $10.9 million in the same period of 2024[41] - Product sales for the three months ended March 31, 2025, were $10.5 million, compared to $10.6 million in the same period of 2024[41] - The Company’s diluted net income per common share for the three months ended March 31, 2025, was $0.01, down from $0.02 in the same period of 2024[30] - Gross profit for the three months ended March 31, 2025, was $7,905,000, compared to $8,039,000 for the same period in 2024, reflecting a decrease of 1.7%[75] - Commissions expense increased to 41.8% of net sales in Q1 2025, up from 41.0% in Q1 2024, due to higher weekly commissions[107] Assets and Liabilities - Total current assets decreased to $48,806,000 as of March 31, 2025, compared to $50,983,000 at the end of 2024[15] - Total liabilities slightly decreased to $22,297,000 from $22,487,000 at the end of 2024[15] - The total stockholders' equity decreased to $30,882,000 as of March 31, 2025, from $32,872,000 at the end of 2024[15] - Total assets as of March 31, 2025, were $53,179,000, a decrease from $55,359,000 as of December 31, 2024[78] - The Company had contract liabilities of $5.4 million as of March 31, 2025, up from $4.9 million at the end of 2024, primarily due to $3.5 million received for unshipped product orders[39] - Deferred revenue as of March 31, 2025, was $6.9 million, consisting of $5.4 million in unshipped product orders and $1.5 million in auto ship advances[105] Cash Flow and Investments - Cash and cash equivalents increased to $21,688,000 from $13,533,000 at the end of 2024, marking a significant improvement[15] - The Company reported a net cash provided by operating activities of $484,000 for Q1 2025, down from $549,000 in Q1 2024[23] - Cash provided by operations for the first three months of 2025 was $484,000, down from $549,000 in the same period of 2024[112] - Cash flows from investing activities totaled $10.0 million in Q1 2025, compared to cash used of $28.5 million in Q1 2024, with $17.4 million spent on marketable securities[113] - As of March 31, 2025, cash, cash equivalents, and marketable securities totaled $41.9 million, a decrease of $2.0 million from December 31, 2024[111] - The Company recognized share-based compensation expense of $34,000 for the three months ended March 31, 2025, compared to $37,000 in the same period of 2024[64] Dividends and Stock Repurchase - The company declared dividends of $0.20 per share, totaling $2,303,000 for the quarter[20] - Cash dividends of $0.20 per common share were declared and paid, totaling $2.3 million for each quarter in 2025 and 2024[68] - The Company declared a quarterly cash dividend of $0.20 per share, payable on May 23, 2025, to stockholders of record on May 13, 2025[84] - The stock repurchase program has $21.9 million remaining from the authorized $70.0 million as of March 31, 2025[115] Market and Operational Insights - The Company operates in multiple markets, including the Americas, Greater China, Southeast Asia, and Europe, with no single market other than Hong Kong exceeding 10% of total net sales[42] - Approximately 94% of the Company's net sales were generated from subsidiaries located outside the Americas, with the Hong Kong subsidiary accounting for 85% of net sales in the latest fiscal quarter[87] - In Q1 2025, the company generated approximately 85% of its revenue from its e-commerce direct selling platform in Hong Kong, primarily from sales to members in China[88] - The Company operates in various markets, including the Americas, Greater China, Southeast Asia, and Europe, with a focus on expanding in promising markets[85] - The ongoing U.S.-China trade tensions have resulted in significant tariffs, including a 125% reciprocal tariff on Chinese imports, which may adversely affect the company's operations and costs[129] Corporate Changes and Future Outlook - The company relocated its corporate headquarters from Hong Kong to California in February 2025 due to changes in the political and economic landscape[90] - The political and economic environment in Hong Kong may adversely affect the company's future business and financial condition[90] - The company is exploring sourcing products from other jurisdictions to mitigate the impact of U.S. tariffs on Chinese imports[91] - The Company expects to recognize revenue from remaining performance obligations within the next twelve months[39] - The Company plans to focus investments in Greater China and other strategic markets, including Southeast Asia, India, South America, and Europe[118] Risk Management - The company maintains that its existing liquidity is adequate to fund normal operations and financial commitments for the foreseeable future[116] - There were no changes in internal control over financial reporting that materially affected the company during the fiscal quarter ended March 31, 2025[124] - The company has not identified any material changes to its risk factors since the last annual report[128]

Exhibit 99.1 Natural Health Trends Reports First Quarter 2025 Financial Results LOS ANGELES – April 30, 2025 – Natural Health Trends Corp. (NASDAQ: NHTC), a leading direct-selling and e-commerce company that markets premium quality personal care, wellness and "quality of life" products under the NHT Global brand, today announced its financial results for the quarter ended March 31, 2025. First Quarter 2025 Financial Highlights 1Natural Health Trends defines Active Members as those that have placed at least ...

– Sales decreased 2% year-over-year during the first quarter of 2025, attributable to promotional calendar differences – Generated cash flows from operations of $484,000 during the first quarter of 2025 – Declared a quarterly cash dividend of $0.20 per share LOS ANGELES, April 30, 2025 (GLOBE NEWSWIRE) -- Natural Health Trends Corp. (NASDAQ: NHTC), a leading direct-selling and e-commerce company that markets premium quality personal care, wellness and “quality of life” products under the NHT Global bra ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Delaware 59-2705336 609 Deep Valley Drive For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to ...

Shares of Natural Health Trends Corp. (NHTC) have lost 1.1% since the company reported its earnings for the quarter ended Dec. 31, 2024. This compares to the S&P 500 Index’s 0.4% gain over the same time frame. Over the past month, the stock gained 12.3%, significantly outperforming the S&P 500’s 2.8% rise.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Key Performance MetricsFor the fourth quarter of 2024, Natural Health reported revenues of $10.8 million, which was nearly flat compar ...

Natural Health Trends Corp. (NASDAQ:NHTC) Q4 2024 Earnings Conference Call February 5, 2025 11:30 AM ET Company Participants Michelle Glidewell – Investor Relations Chris Sharng – President Scott Davidson – Chief Financial Officer Conference Call Participants Operator Greetings, and welcome to the Natural Health Trends Corp. Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone shou ...

Financial Performance - Fourth quarter net sales were $10.8 million, roughly unchanged from $10.9 million in Q4 2023, with a 9% sequential increase from the Hong Kong business and a 7% year-over-year increase[4]. - Full year net sales decreased by 2% to $43.0 million compared to $43.9 million in 2023[4]. - Net income for Q4 2024 was $176,000, or $0.02 per diluted share, down from $358,000, or $0.03 per diluted share, in Q4 2023[4]. - Net income for 2024 increased to $572 million from $568 million in 2023, reflecting a slight growth[16]. Membership and Operations - Active Members totaled 30,870 as of December 31, 2024, a decrease of 5% from 32,410 at the end of 2023[4]. - Operating loss for Q4 2024 was $421,000, compared to a loss of $292,000 in Q4 2023[4]. Cash Flow and Liquidity - Total cash, cash equivalents, and marketable securities were $43.9 million as of December 31, 2024, down from $46.3 million as of September 30, 2024[9]. - Net cash provided by operating activities was $88,000 in Q4 2024, compared to net cash used of $69,000 in Q4 2023[9]. - Net cash used in operating activities improved to $(3,367) million in 2024 compared to $(4,278) million in 2023[16]. - Cash, cash equivalents, and restricted cash at the end of the period decreased to $13,567 million from $56,217 million[16]. - The net decrease in cash, cash equivalents, and restricted cash was $(42,650) million in 2024, compared to $(13,529) million in 2023, highlighting a significant cash outflow[16]. Investments and Assets - Net cash used in investing activities rose significantly to $(30,075) million in 2024 from $(46) million in 2023, primarily due to purchases of marketable securities[16]. - Right-of-use assets obtained in exchange for operating lease liabilities amounted to $124 million in 2024, down from $147 million in 2023[16]. - Deferred revenue decreased to $245 million in 2024 from $565 million in 2023, indicating a decline in future revenue recognition[16]. Dividends and Corporate Actions - The company declared a quarterly cash dividend of $0.20 per share, payable on February 28, 2025[9]. - Dividends paid remained stable at $(9,213) million in both 2024 and 2023[16]. - The company relocated its corporate headquarters from Hong Kong back to Rolling Hills Estates, California in February 2025[4]. - The company expects to issue its 2024 audited financial results in late February 2025[6].

– Net sales from our most important Hong Kong business up sequentially and year-over-year during the 4th quarter– Positive cash flows from operations before 2017 Tax Act installment for the 4th quarter as well as the full year of 2024– Declared a quarterly cash dividend of $0.20 per share LOS ANGELES, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Natural Health Trends Corp. (NASDAQ: NHTC), a leading direct-selling and e-commerce company that markets premium quality personal care, wellness and “quality of life” products ...

– Net sales from our most important Hong Kong business up sequentially and year-over-year during the 4th quarter– Positive cash flows from operations before 2017 Tax Act installment for the 4th quarter as well as the full year of 2024– Declared a quarterly cash dividend of $0.20 per share LOS ANGELES, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Natural Health Trends Corp. (NASDAQ:NHTC), a leading direct-selling and e-commerce company that markets premium quality personal care, wellness and "quality of life" products ...