Fluent, Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:02:31Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -1.54M | -14.12M | 8.11M | 1.95M | 12.39M | 20.23M |
| EBITDA | -10.57M | -13.73M | -49.25M | -106.38M | 8.51M | 23.68M |
| Working Capital | 2.44M | 1.27M | 29.19M | 42.00M | 49.26M | 35.97M |
| Net Debt | 24.73M | 28.13M | 18.68M | 21.18M | 18.78M | 29.77M |
| Operating Margin | -9.73% | -9.29% | -20.15% | -33.12% | -1.42% | 2.70% |
| Net Margin | -13.01% | -11.50% | -21.19% | -34.15% | -3.06% | 0.71% |
| Return on Equity (ROE) | -149.17% | -117.32% | -183.75% | -131.27% | -4.71% | 1.02% |
| Return on Assets (ROA) | -30.48% | -31.27% | -67.53% | -67.04% | -3.16% | 0.71% |
| Current Ratio | 1.04× | 1.02× | 1.59× | 1.84× | 1.85× | 1.72× |
| Debt-to-Equity | 2.07× | 1.51× | 1.00× | 0.50× | 0.25× | 0.23× |
| Effective Tax Rate | 0.01% | 5.83% | 0.18% | -1.46% | -2.51% | 27.14% |
| Cash Conversion Ratio | 0.05× | 0.48× | -0.13× | -0.02× | -1.24× | 9.20× |
| Accruals Ratio | -0.29× | -0.16× | -0.76× | -0.68× | -0.07× | -0.06× |
| SBC % of Revenue | 1.08% | 0.77% | 1.26% | 1.13% | 1.45% | 1.74% |
| CapEx Coverage | -21.28× | -1084.92× | 325.52× | 115.53× | 345.11× | 317.16× |
| Free Cash Flow Per Share | $-0.06 | $-0.87 | $0.59 | $0.02 | $0.15 | $0.25 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | — | — | — | 177.00× |
| P/FCF | — | — | 6.82× | 45.61× | 12.85× | 20.87× |
| FCF Yield | — | — | 14.66% | 2.19% | 7.78% | 4.79% |
| EV / EBITDA | — | — | — | — | 20.68× | 18.38× |
| P/S | 0.34× | 0.20× | 0.03× | 0.24× | 0.48× | 1.30× |
| P/B | 3.91× | 2.02× | 0.27× | 0.93× | 0.74× | 1.87× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 208.76M | 254.62M | 298.40M | 361.13M | 329.25M | 310.72M |
| Research and Development Expense | 11.84M | 17.28M | 18.45M | 18.16M | 15.79M | 12.60M |
| Operating Income (Loss) | -20.32M | -23.66M | -60.13M | -119.59M | -4.67M | 8.38M |
| Income Tax Expense (Benefit) | -2.00K | -1.81M | -116.00K | 1.78M | 246.00K | 822.00K |
| Net Income (Loss) Attributable to Parent | -27.17M | -29.28M | -63.22M | -123.33M | -10.06M | 2.21M |
| Earnings Per Share, Basic | $-1.05 | $-1.80 | $-4.59 | $-1.51 | $-0.13 | $0.03 |
| Weighted Average Number of Shares Outstanding, Basic | 25.97M | 16.26M | 13.77M | 81.41M | 79.98M | 78.61M |
| Earnings Per Share, Diluted | $-1.05 | $-1.80 | $-4.59 | $-1.51 | $-0.13 | $0.03 |
| Weighted Average Number of Shares Outstanding, Diluted | 25.97M | 16.26M | 13.77M | 81.41M | 79.98M | 79.53M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 12.94M | 9.44M | 15.80M | 25.55M | 34.47M | 21.09M |
| Assets, Current | 67.47M | 65.95M | 78.41M | 92.22M | 107.20M | 86.19M |
| Assets | 89.13M | 93.62M | 93.62M | 183.97M | 318.18M | 310.22M |
| Long-term Debt | 34.58M | 35.58M | 30.49M | 40.59M | 40.33M | 40.58M |
| Liabilities, Current | 65.03M | 64.68M | 49.21M | 50.22M | 57.94M | 50.22M |
| Long-term Debt, Excluding Current Maturities | 3.73M | 3.97M | 25.49M | 35.59M | 40.33M | 33.28M |
| Liabilities | 70.92M | 68.66M | 77.46M | 90.01M | 104.77M | 93.33M |
| Stockholders' Equity Attributable to Parent | 18.21M | 24.95M | 34.40M | 93.95M | 213.41M | 216.88M |
| Common Stock, Shares, Outstanding | 29.64M | 20.02M | 13.62M | 80.09M | 78.97M | 76.35M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -1.47M | -14.10M | 8.14M | 1.96M | 12.42M | 20.30M |
| Payments to Acquire Property, Plant, and Equipment | 69.00K | 13.00K | 25.00K | 17.00K | 36.00K | 64.00K |
| Net Cash Provided by (Used in) Investing Activities | -6.37M | -6.21M | -7.11M | -5.44M | -2.99M | -4.27M |
| Payments for Repurchase of Common Stock | — | — | — | — | 0 | 1.30M |
| Net Cash Provided by (Used in) Financing Activities | 10.79M | 15.21M | -10.77M | -5.45M | 2.47M | -13.62M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 5.05M | 2.77M | -4.30M | 3.02M | 2.11M | -2.15M |
| EBITDA | -2.23M | 2.50M | -3.83M | -4.63M | -4.62M | -3.02M |
| Working Capital | -2.78M | 2.44M | 1.13M | -2.70M | -431.00K | 1.27M |
| Net Debt | 20.62M | 24.73M | 20.06M | 21.67M | 22.08M | 28.13M |
| Operating Margin | -8.72% | 0.26% | -13.40% | -15.89% | -12.82% | -8.32% |
| Net Margin | -11.94% | -6.66% | -16.07% | -16.16% | -14.98% | -5.24% |
| Return on Equity (ROE) | -40.30% | -22.62% | -35.00% | -37.77% | -37.53% | -13.74% |
| Return on Assets (ROA) | -7.41% | -4.62% | -9.93% | -9.70% | -10.67% | -3.66% |
| Current Ratio | 0.95× | 1.04× | 1.02× | 0.95× | 0.99× | 1.02× |
| Debt-to-Equity | 2.33× | 2.07× | 1.36× | 1.39× | 1.22× | 1.51× |
| Effective Tax Rate | -0.06% | 2.74% | 0.16% | 1.46% | -2.90% | 35.76% |
| Cash Conversion Ratio | -0.95× | -0.68× | 0.56× | -0.42× | -0.26× | 0.62× |
| Accruals Ratio | -0.14× | -0.08× | -0.04× | -0.14× | -0.13× | -0.01× |
| SBC % of Revenue | 2.13% | 1.78% | 2.43% | 1.49% | 0.61% | 0.73% |
| CapEx Coverage | 89.68× | 132.81× | -88.69× | 98.29× | — | -178.42× |
| Free Cash Flow Per Share | $0.16 | $0.11 | $-0.15 | $0.13 | $0.10 | $-0.13 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 44.85M | 61.82M | 47.03M | 44.71M | 55.21M | 65.41M |
| Research and Development Expense | 2.82M | 2.88M | 2.62M | 2.94M | 3.40M | 3.60M |
| Operating Income (Loss) | -3.91M | 163.00K | -6.30M | -7.11M | -7.08M | -5.44M |
| Income Tax Expense (Benefit) | 3.00K | -116.00K | -12.00K | -107.00K | 233.00K | -1.91M |
| Net Income (Loss) Attributable to Parent | -5.35M | -4.12M | -7.56M | -7.22M | -8.27M | -3.43M |
| Earnings Per Share, Basic | $-0.17 | $-0.11 | $-0.27 | $-0.30 | $-0.39 | $-0.05 |
| Weighted Average Number of Shares Outstanding, Basic | 31.33M | 25.97M | 28.10M | 24.06M | 21.21M | 16.26M |
| Earnings Per Share, Diluted | $-0.17 | $-0.11 | $-0.27 | $-0.30 | $-0.39 | $-0.05 |
| Weighted Average Number of Shares Outstanding, Diluted | 31.33M | 25.97M | 28.10M | 24.06M | 21.21M | 16.26M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 10.30M | 12.94M | 9.25M | 4.93M | 4.83M | 9.44M |
| Assets, Current | 49.43M | 67.47M | 49.55M | 46.95M | 51.23M | 65.95M |
| Assets | 72.27M | 89.13M | 76.06M | 74.47M | 77.49M | 93.62M |
| Long-term Debt | 28.03M | 34.58M | 26.04M | 23.18M | 25.60M | 35.58M |
| Liabilities, Current | 52.21M | 65.03M | 48.42M | 49.65M | 51.66M | 64.68M |
| Long-term Debt, Excluding Current Maturities | 4.57M | 3.73M | 3.88M | 3.32M | 3.80M | 3.97M |
| Liabilities | 58.98M | 70.92M | 54.47M | 55.35M | 55.46M | 68.66M |
| Stockholders' Equity Attributable to Parent | 13.29M | 18.21M | 21.59M | 19.12M | 22.04M | 24.95M |
| Common Stock, Shares, Outstanding | 29.82M | 29.64M | 29.52M | 24.27M | 20.64M | 20.02M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 5.11M | 2.79M | -4.26M | 3.05M | 2.11M | -2.14M |
| Payments to Acquire Property, Plant, and Equipment | 57.00K | 21.00K | 48.00K | 31.00K | 0 | 12.00K |
| Net Cash Provided by (Used in) Investing Activities | -1.48M | -1.48M | -4.89M | -3.23M | -1.57M | -1.48M |
| Net Cash Provided by (Used in) Financing Activities | -6.27M | 2.37M | 8.41M | -3.20M | -5.15M | 6.48M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (FLNT CIK 0001460329),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.