Nature's Sunshine Products, Inc. · NASDAQ:NATR
Nature's Sunshine Products — Q2 2022 Earnings Presentation
16 slides from Nature's Sunshine Products's earnings presentation, Aug 9, 2022
Slide 1: Connect with Nature: Q2 2022 Earnings Presentation
CONNECT WITH NATURE Q2 2022 Earnings Presentation August 9, 2022
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: Nature's Sunshine: Feel the Power
NATURE’S SUNSHINE Nature’s Sunshine changed the world ~50 years ago as the first company to put herbs into easy-to-take capsules We sell 700+ products across six different categories around the world FEEL THE Sophisticated in-house R&D capabilities via owned POWER… Hughes Center for Research & Innov
Slide 4: Second Quarter 2022 Financial Summary
SECOND QUARTER 2022 FINANCIAL SUMMARY $ in millions, except for margin and per share amounts Q2 2022 Q2 2021 ▲ Q2 (y/y) Commentary Strength in Asia offset by weakness in Europe and North America; flat Net Sales $104.2 $109.0 –4.4% on a constant currency basis Increased product reserves due to Ukrain
Slide 5: Strong Balance Sheet
STRONG BALANCE SHEET Balance Sheet Highlights As of • Cash and cash equivalents totaled $56.3M Jun. 30, Dec. 31, ($ in millions) 2022 2021 • $1.8M of debt at 6/30/22 vs. $2.7M at Cash and Cash 12/31/21 Equivalents $ 56.3 $ 86.2 Receivables 10.5 8.9 Total Assets 233.1 258.9 Debt 1.8 2.4 Total Liabili
Slide 6: Net Sales by Operating Segment
NET SALES BY OPERATING SEGMENT Net Sales by Operating Segment (Amounts in Thousands) Impact of % Change Excl. Q2 2022 Q2 2021 % Change Currency Impact of Exchange Currency Asia $ 47,382 $ 43,536 +8.8% $ (4,358) 18.8% Europe 17,099 21,455 (20.3) (887) (16.2) North America 34,082 37,372 (8.8) (102) (8
Slide 7: Historical Financial Performance
HISTORICAL FINANCIAL PERFORMANCE Revenue Adj. EBITDA1 $ in Millions $ in Millions $444.1 $447.3 $49.4 $385.2 $364.8 $362.2 $41.7 $36.2 $31.2 $17.6 2018 2019 2020 2021 Q2'22 TTM 2018 2019 2020 2021 Q2'22 TTM Revenue Accelerant Opportunities Margin Drivers • Stronger regional-focused sales teams • Dri
Slide 8: Our Operational Execution
OUR OPERATIONAL EXECUTION Brand Power Field Energy Digital First Manufacturing Inc. The Right Stuff Revitalized our brand Offered new suite of Introduced new website Secured USDA and ISO Streamlined global business with new packaging & business tools, services & functionality to move from 9001 certi
Slide 9: 2022 Priorities
2022 PRIORITIES NATURES BS QZ SUNSHINE
Slide 10: Our Response to Today's Consumer Defines Our Vision
OUR RESPONSE TO TODAY’S CONSUMER DEFINES OUR VISION How? Offer specialty, time-tested products, proven by health practitioners Vision SHARE THE HEALING Create lifestyle branding and storytelling POWER OF NATURE, WITH EVERYONE. Leverage websites, e-commerce and digital marketing to drive customer loy
Slide 11: Our Five Global Growth Strategies
OUR FIVE GLOBAL GROWTH STRATEGIES Brand Power The Right Stuff Field Energy Manufacturing Inc. Digital First NASDAQ: NATR | ©2022 Nature's Sunshine Products, Inc. All rights reserved. 11
Slide 12: Capital Allocation Plan
CAPITAL ALLOCATION PLAN Capital Allocation Plan Special cash dividend of $1.00 per share paid to Significant cash flow shareholders in April 2021 has enabled the $4M in shares repurchased at an average cost of $13.79 investment and growth per share in Q2 2022 ‒ $30.0M remaining in share repurchase p
Slide 13: Contact Us
CONTACT US Investor Relations Contact Cody Slach Senior Managing Director, Gateway Group, Inc. (949) 574-3860 NATR@gatewayir.com
Slide 14: Appendix
APPENDIX NATURES BS QZ SUNSHINE
Slide 15: Adjusted EBITDA Reconciliation
ADJUSTED EBITDA RECONCILIATION Three Months Ended June 30, 2022 2021 Net income $ 952 $ 6,794 Adjustments: Depreciation and amortization 2,685 2,805 Share-based compensation expense 540 1,066 Other (income) loss, net* 442 (529) Provision (benefit) for income taxes 4,361 3,211 Other adjustments (1) —
Slide 16: Adjusted EBITDA Reconciliation
ADJUSTED EBITDA RECONCILIATION RECONCILIATION OF NET INCOME TO ADJUSTED EBITDA 2018 2019 2020 2021 Q2'22 TTM Net Income (loss) $ (1,202) $ 6,929 $ 22,958 $ 30,207 $ 17,527 Adjustments: Depreciation and amortization 9,806 10,599 10,743 11,162 11,072 Share-based compensation expense 2,170 2,120 3,787
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