Natural Alternatives Extends Wells Fargo Credit Facility to 2026

Natural Alternatives International, Inc. (NAII), a nutritional supplement manufacturer based in Carlsbad, California, has amended its credit facility with Wells Fargo Bank, extending the term to December 31, 2026, and adjusting the borrowing capacity to $10 million. CEO Mark A. Le Doux emphasized that the amendment reflects the strength of the company's balance sheet and provides essential working capital to support revenue growth and efforts to achieve sustainable profitability. Despite challenges such as declining revenue and low profit margins, the company maintains a healthy liquidity position and aims to leverage this financial flexibility to navigate the competitive nutritional supplements market. The renewed credit facility from Wells Fargo is seen as a vote of confidence in NAII's business fundamentals and potential recovery. NAII offers a broad range of services including product formulation, scientific research, testing, marketing, and regulatory assistance to its clients. Market analysis suggests the stock is currently undervalued, though it faces significant financial performance hurdles.