Nature's Sunshine Products, Inc. · NASDAQ:NATR
Nature's Sunshine Products — Q3 2024 Earnings Presentation
11 slides from Nature's Sunshine Products's earnings presentation, Nov 7, 2024
Slide 1: Connect With Nature: Q3 2024 Earnings Presentation
CONNECT WITH NATURE Q3 2024 Earnings Presentation November 7, 2024
Slide 2: Safe Harbor Statements
SAFE HARBOR STATEMENTS Cautionary Note Regarding Forward-Looking Statements This presentation contains forward-looking statements regarding the Company’s future business expectations, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-loo
Slide 3: Q3 Financial Summary
Q3 FINANCIAL SUMMARY $ in million, except for margin and per share amounts Q3 2024 Q3 2023 ▲ Q3 (y/y) Commentary Strong performance in Taiwan and Japan and continued outperformance Net Sales $114.6 $111.2 3.1% in Europe, partially offset by continued weakness in China Reflects higher than expected i
Slide 4: Balance Sheet & Cash Flow Overview
BALANCE SHEET & CASH FLOW OVERVIEW Balance Sheet Highlights As of Balance Sheet Overview September 30, Dec. 31, ($ in millions) 2024 2023 • Cash and cash equivalents totaled $78.7M Cash and Cash Equivalents $ 78.7 $ 82.4 Receivables 11.4 8.8 • Zero debt at 9/30/24 Total Assets 245.3 249.8 Debt – – T
Slide 5: Net Sales by Operating Segment
NET SALES BY OPERATING SEGMENT Net Sales by Operating Segment (Amounts in Thousands) Impact of Currency % Change Excl. Q3 2024 Q3 2023 % Change Exchange Impact of Currency Asia $55,293 $52,218 5.9% ($1,418) 8.6% Europe 19,615 18,769 4.5% 302 2.9% North 33,631 34,792 (3.3%) (46) (3.2%) America Latin
Slide 6: Historical Financial Performance
HISTORICAL FINANCIAL PERFORMANCE Revenue Adj. EBITDA1 $ in Millions $ in Millions $444.1 $445.3 $445.1 $49.4 $421.9 $40.4 $40.0 $36.2 $32.0 $385.2 2020 2021 2022 2023 TTM Q3-24 2020 2021 2022 2023 TTM Q3-24 Revenue Accelerant Opportunities Margin Driver Opportunities • Expansion into Digital channel
Slide 7: Capital Allocation Plan
CAPITAL ALLOCATION PLAN Capital Allocation Plan $8.4M in shares repurchased at an average cost of $16.56 Significant cash flow per share in the first nine months of 2024 – $9.2M remaining in share repurchase program as of September has enabled the 30, 2024 investment and growth Investment in process
Slide 8: Contact Us
CONTACT US Investor Relations Contact Cody Slach Senior Managing Director, Gateway Group, Inc. (949) 574-3860 NATR@gateway-grp.com
Slide 9: Appendix
APPENDIX NATURES cS QZ SUNSHINE
Slide 10: Adjusted EBITDA Reconciliation
ADJUSTED EBITDA RECONCILIATION *Other (income) loss, net is primarily comprised of foreign exchange (gains) losses, interest income, and interest expense. NASDAQ: NATR | ©2024 Nature's Sunshine Products, Inc. All rights reserved. 10
Slide 11: Adjusted EBITDA Reconciliation
ADJUSTED EBITDA RECONCILIATION RECONCILIATION OF NET INCOME TO ADJUSTED EBITDA 2020 2021 2022 2023 Q3 2024 TTM Net Income (loss) $ 22,958 $ 30,207 $ 550 $ 16,416 $ 17,968 Adjustments: Depreciation and amortization 10,743 11,162 11,025 11,816 13,248 Share-based compensation expense 3,787 3,731 2,901
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