Nature's Sunshine(US:NATR)2022-03-31 18:36Company Overview - Nature's Sunshine changed the world ~50 years ago as the first company to put herbs into easy-to-take capsules[9] - The company sells 700+ products across six different categories around the world[9] - The company manufactures most of its products, ensuring optimal quality and safety[9] Market Analysis - The global supplement industry sales were $173.9 billion in 2022E[22] - North America accounts for 37% of global supplement sales in 2020[25] - U S supplement industry sales were $58.7 billion in 2021E[28] - E-commerce accounts for 15% of U S supplement sales in 2020E[31] Financial Performance - The company's FY21 Adjusted EBITDA was $49.4 million, an increase of 37% compared to $36.2 million in 2020[73] - The company's FY21 net income was up 33% to $1.42 per share[73] - The company's total revenue was $444.1 million in FY 2021[92]