MARKETS / NASDAQ / NHTC

NASDAQ · WHOLESALE-MISCELLANEOUS NONDURABLE GOODS · SMALL CAP

Natural Health Trends Corp. NHTC

16 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$39.8M

▼ 7.4% YoY

Net income

$-882,000

▼ 254.2% YoY

Free cash flow

$-6.1M

In brief

What this company does

Through its subsidiaries, the company sells personal care, wellness, and quality of life products under the NHT Global brand. Its wholly-owned subsidiaries have an active physical presence in the Americas, Greater China, Southeast Asia, South Korea, Japan, India, and Europe, and it also operates in Russia and Kazakhstan through a local service provider. In February 2025, the company relocated its corporate headquarters from Hong Kong to Rolling Hills Estates, California, and its common stock trades on the NASDAQ Capital Market under the symbol NHTC. The company offers a line of NHT Global branded products in the distinct categories of wellness, herbal, beauty, lifestyle and at home tests. At December 31, 2025, the company employed 120 individuals, including 118 total full-time employees, worldwide, with 71 located in Greater China, 28 in the Americas, seven in India, four in Europe, and two in each of Japan, Malaysia, South Korea and Russia.

Written from the business description in Natural Health Trends Corp.'s annual report to the U.S. Securities and Exchange Commission, filed 20 February 2026. Every sentence was checked against that document before publication.

Growth

USD 39.8M

Revenue, FY2025 · full 16-year series below

Revenue $M Net income $M

FY2025 · Revenue 39.8 · Net income -0.9

Compound annual growth

Revenue

−6.8%

−8.5%

−17.3%

+3.5%

Dividend / share

+0.0%

+19.0%

Returned to shareholders

+0.3%

+0.2%

−6.4%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at −8.5% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−2 cents

lost on every revenue dollar

Operating margin Net margin

FY2025 · Operating -4.5% · Net -2.2%

ROE

FY2025 · ROE -3.1%

Gross margin73.5%

Operating margin-4.5%

Net margin-2.2%

Return on assets-1.9%

EBITDAUSD -1.7M

Each USD of equity lost 3 cents this year.

Cash & shareholders

USD 9.2M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF -6.1

Net buybacks $M Dividends $M

FY2025 · Dividends 9.2 · Net buybacks —

Dividends paidUSD 9.2M

Net buybacks—

Share of profit-1044.2%

Consecutive raises—

USD 9.2M in dividends went back to shareholders in a year without profit.

Total assetsUSD 38.4M

EquityUSD 23.4M

CashUSD 6.8M

Current ratio2.50×

Equity funds 61% of total assets.

The 16-year record

16 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue $B	0.0	0.0	0.0	0.0	0.1	0.1	0.1	0.2	0.2	0.3	0.3	0.1	0.1	0.0	0.0	0.0
Operating income $B	−0.0	−0.0	−0.0	−0.0	0.0	0.0	−0.0	0.0	0.0	0.1	0.0	0.0	0.0	0.0	0.0	−0.0
EBITDA $B	−0.0	−0.0	−0.0	−0.0	0.0	0.0	−0.0	0.0	0.0	0.1	0.0	0.0	0.0	0.0	0.0	−0.0
Income tax $B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	−0.0	−0.0	−0.0
Net income $B	−0.0	0.0	0.0	0.0	0.0	0.0	−0.0	0.0	0.0	0.1	0.0	0.0	0.0	0.0	0.0	−0.0
Free cash flow $B	−0.0	−0.0	−0.0	−0.0	0.0	0.0	−0.0	0.0	0.0	0.1	0.1	0.0	0.0	0.0	0.0	−0.0
EPS, diluted $	−0.08	0.05	0.05	0.03	0.09	0.07	−0.52	2.74	2.09	4.83	3.82	1.61	0.36	0.23	0.21	−0.23
Dividend / sh $	0.80	0.80	0.80	0.80	0.80	0.80	0.64	2.77	1.52	0.61	0.14	0.03	·	·	·	·
Payout %	−1044	1611	1622	2919	842	1084	−131	102	73	13	4	2	·	·	·	·
ROE %	−3.1	1.5	1.2	0.6	1.7	1.2	−6.8	34.4	27.2	79.1	113.5	125.2	67.3	·	·	·
Shares out B	·	·	·	·	·	·	·	·	·	·	·	·	0.01	0.01	0.01	0.01

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 80 reconciliationsAUDITED

Reconciled in 16 of 19 fiscal years. 15 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityWholesale-Miscellaneous Nondurable Goods

Listed onNASDAQ

Incorporated inDelaware

Fiscal year endsDecember 31

SEC categorysmaller reporting company

Data on record since2010