Nature's Sunshine Products, Inc. · NASDAQ:NATR
Nature's Sunshine Products — Q2 2024 Earnings Presentation
11 slides from Nature's Sunshine Products's earnings presentation, Aug 8, 2024
Slide 1: Connect with Nature: Q2 2024 Earnings Presentation
CONNECT WITH NATURE Q2 2024 Earnings Presentation August 8, 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: Q2 Financial Summary
Q2 FINANCIAL SUMMARY $ in million, except for margin and per share amounts Q2 2024 Q2 2023 ▲ Q2 (y/y) Commentary Continued slowdown in Asia and disruptions in North American digital Net Sales $110.6 $116.5 (5.1%) business; down 2.6% on a constant currency basis Reflects higher than expected inflatio
Slide 4: Balance Sheet & Cash Flow Overview
BALANCE SHEET & CASH FLOW OVERVIEW Balance Sheet Highlights As of Balance Sheet Overview June 30, Dec. 31, ($ in millions) 2024 2023 • Cash and cash equivalents totaled $68.7M Cash and Cash Equivalents $ 68.7 $ 82.4 Receivables 11.3 8.8 • Zero debt at 6/30/24 Total Assets 235.8 249.8 Debt – – Total
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. Q2 2024 Q2 2023 % Change Exchange Impact of Currency Asia $49,984 $54,875 (8.9%) ($3,147) (3.2%) Europe 21,602 21,236 1.7% 182 0.9% North 33,563 34,658 (3.2%) (50) (3.0%) America La
Slide 6: Historical Financial Performance
HISTORICAL FINANCIAL PERFORMANCE Revenue Adj. EBITDA1 $ in Millions $ in Millions $444.1 $445.3 $441.7 $49.4 $421.9 $40.4 $39.5 $36.2 $32.0 $385.2 2020 2021 2022 2023 TTM Q2-24 2020 2021 2022 2023 TTM Q2-24 Revenue Accelerant Opportunities Margin Drivers • Expansion into Digital channels • Sales gro
Slide 7: Capital Allocation Plan
CAPITAL ALLOCATION PLAN Capital Allocation Plan $7.7M in shares repurchased at an average cost of $17.05 Significant cash flow per share in 1H 2024 – $9.9M remaining in share repurchase program as of June 30, 2024 has enabled the investment and growth Investment in process improvement and supply cha
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 SS QZ SUNSHINE
Slide 10: Adjusted EBITDA Reconciliation
ADJUSTED EBITDA RECONCILIATION *Other 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 Q2 2024 TTM Net Income (loss) $ 22,958 $ 30,207 $ 550 $ 16,416 $ 16,464 Adjustments: Depreciation and amortization 10,743 11,162 11,025 11,816 12,837 Share-based compensation expense 3,787 3,731 2,901
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