NAII — Stock Film
STOCK FILMSCENE 1/11NAII · $1.96
Stock Expert AI presents
NAII
Natural Alternatives International, Inc
~5 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
Natural Alternatives International, Inc. What it actually does.

Formulates nutritional supplements. Manufactures nutritional supplements in various forms (capsules, tablets, powders). Now — the numbers.

on the stock market since 1993
293 employees
$12.3M market value
WHERE DOES THE MONEY COME FROM?
90%Private Label Contract Manufacturing
Private Label Contract ManufacturingPatent and Trademark Licensing 8%Branded Products 2%
90% of all revenue comes from a single line: Private Label Contract Manufacturing.

That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.

Revenue last year:
$129.9M
The loss that same year:
$13.6M
For every $1 it earns, the company spends $1.1.

The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.

THE SALES TREND
Sales have been shrinking.

An average decline of 8% a year over the last 4 years — the most striking risk in this picture. Red columns mark years that ended in a loss.

$178.5M
2021
2022
2023
2024
$129.9M
2025
In the vault right now:
$12.3M
DEBT: $59.0M
At this pace, that money lasts less than a year.

Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.

INSIDE THE REPORT CARD

We compared this company with its own sector across five subjects.

A score of 50 means class average.

BUSINESS QUALITY
13
very weak

Clearly below the class average.

FINANCIAL STRENGTH
22
very weak

Clearly below the class average.

VALUATION
33
very weak

Clearly below the class average.

GROWTH
51
average

There is growth, but not at top-of-the-class tempo.

PRICE MOMENTUM
20
very weak

Clearly below the class average.

WORTH WATCHING

Business Quality: Profit power and business quality trail similar companies in the sector.

Price Momentum: The stock has lagged the market in recent months; investor interest is weak right now.

THE FIVE-YEAR JOURNEY
A long and steep decline.

An investor who bought at the very peak is down 86% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.

1
THE BRIGHT SIDE · 1/2
Sales are holding up

The company sells $129.9M a year; the problem isn’t sales — it’s costs running above that number.

2
THE BRIGHT SIDE · 2/2
Executives are buying their own stock

Over the last 12 months, company executives reported 23 buys and 7 sells. Management buying with its own money is usually read as a good sign.

1
THE RISKS · 1/2
Running at a loss

A loss of $13.6M against $129.9M in annual sales.

2
THE RISKS · 2/2
The cash has a countdown

At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.

FINALE · THE GRADE
D
36 / 100 · MoonshotScore

On our five-subject report card, NAII sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”

The takeaway: NAII’s sales are going backwards, and it closed last year at a loss. The road back runs through both.

The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.

What would you like to do next?
Open the stock page →

Not covered, because the filings we hold do not carry it: earnings execution.

This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film