Saturday 17 October 2026 Export FLNT’s income statement to Excel — free account

FLUENT, INC.

FLNT Communication Services Advertising Agencies

FLUENT, INC.’s revenue for fiscal 2025 (year ended December 2025) was $208.8 million, down 18.0% from fiscal 2024. In the quarter to June 2026, revenue grew 8.37%, EPS grew 33.3%, free cash flow fell 835.5% and total debt rose 37.7%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

2.72 0.06 +2.26%

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Market cap: $84.1M
P/E: 0.0×
Fwd P/E: −4.7×
Dividend yield: —
F-score: 3/9
Altman Z: −4.73
Beneish M: −3.90
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 1.02

Total sells 0.09

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	2	—	—	4	—	—	3	—
Sell	—	—	—	—	—	—	2	—	—	2	—	—

Insider Ownership 51.05%

Capital & Financial Ratios $m

Market Cap 84.08

Revenue 202.15

Net Income (23.21)

Free Cash Flow (10.56)

Net Debt 25.04

Current Ratio 0.88

Debt/Equity 3.94

P/E ratio 0.00

Fwd P/E (4.66)

P/S ratio 0.42

P/B ratio 10.59

Past 5Y EPS Growth —

This Y EPS Growth 56.55%

Next Y EPS Growth 88.36%

Next Y revenue growth 2.22%

Next 5Y EPS Growth 81.88%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 39.07%

10-year low 10-year high

P/B against its own 10 years 97.35%

10-year low 10-year high

EV/Sales against its own 10 years 40.73%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	16	11	13	7
Receivables	57	47	47	39
Inventory	—	—	—	—
Other	—	—	—	—
	78	66	67	53

	2023	2024	2025	Q'26
Payables	11	9	7	8
ST’ Debt	5	32	31	27
Other	—	—	—	—
	49	65	65	60

Compound Annual Growth %

	10y	5y	3y
Sales	30.94%	(7.65%)	(16.70%)
Cash Flow	0.00%	0.00%	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	(21.54%)	(39.07%)	(42.13%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	45	48	—	—	—
’25	55	45	47	62	209
’24	66	59	65	65	255
’23	77	82	66	73	298
’22	89	98	89	85	361
’21	70	73	86	100	329
’20	79	72	78	82	311

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	5	(5)	—	—	—
’25	2	1	(7)	3	(1)
’24	0	(13)	1	(2)	(14)
’23	5	(3)	8	(2)	8
’22	(2)	0	9	(5)	2
’21	5	(6)	(6)	19	12
’20	0	10	3	7	20

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	4	(7)	—	—	—
’25	1	(1)	(9)	1	(8)
’24	(2)	(15)	0	(4)	(20)
’23	4	(4)	6	(3)	2
’22	(3)	(1)	8	(6)	(2)
’21	4	(6)	(7)	19	9
’20	(1)	9	2	7	18

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.17)	(0.20)	—	—	—
’25	(0.39)	(0.30)	(0.27)	(0.13)	(1.05)
’24	(0.45)	(0.75)	(0.48)	(0.19)	(1.80)
’23	(2.34)	0.31	(2.46)	(0.12)	(4.62)
’22	(0.12)	(4.20)	0.24	(4.98)	(9.06)
’21	(0.48)	(0.36)	(0.18)	0.30	(0.78)
’20	0.03	0.03	0.09	0.01	0.18

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	17.40	18.90	11.70	7.56	6.12	10.14	5.76	2.34	2.31	1.50	Analyst estimates 2026–2028 Powerpack
	High	44.04	37.80	41.70	44.82	38.88	51.00	14.16	10.86	4.80	3.12
People
People	Employees	200	209	170	192	225	265	275	277	210	186
	Revenue/emp, $m	0.93	1.01	1.47	1.47	1.38	1.24	1.31	1.08	1.21	1.12
Income, $m
Income, $m	Revenue	187	212	250	282	311	329	361	298	255	209
	Gross margin, %	28.39	30.85	35.45	30.97	30.76	25.98	25.93	26.31	23.88	24.54
	EBT	(43)	(32)	3	(2)	3	(10)	(122)	(63)	(31)	(27)
	EBT margin, %	(23.08)	(14.98)	1.29	(0.59)	0.97	(2.98)	(33.66)	(21.22)	(12.21)	(13.01)
	Net income	(29)	(53)	(18)	(2)	2	(10)	(123)	(63)	(29)	(27)
	Depreciation	13	13	13	14	16	14	124	66	11	10
Per share, $
Per share, $	Revenue	25.17	20.77	19.57	21.29	23.71	24.70	26.61	21.67	15.66	8.04
	Earnings	(3.90)	(5.76)	(1.38)	(0.12)	0.18	(0.78)	(9.06)	(4.62)	(1.80)	(1.05)
	Cash flow	0.28	0.25	1.84	1.97	1.55	0.93	0.14	0.59	(0.87)	(0.06)
	Capex	(1.47)	(0.09)	(0.10)	(0.20)	(0.21)	(0.22)	(0.32)	(0.43)	(0.38)	(0.25)
	Free cash flow	(1.19)	0.16	1.74	1.77	1.34	0.71	(0.18)	0.17	(1.25)	(0.30)
	Book value	30.93	21.97	16.20	15.94	16.55	16.01	6.92	2.50	1.53	0.70
	Shares, m	7	10	13	13	13	13	14	14	16	26
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	0.00	189.30	0.00	0.00	0.00	0.00	0.00
	P/S	0.85	1.34	1.10	0.70	1.34	0.48	0.26	0.19	0.16	0.30
	P/B	0.69	1.27	1.33	0.94	1.93	0.75	1.01	1.63	1.64	3.42
	EV/Sales	1.06	1.56	1.25	0.82	1.41	0.52	0.30	0.24	0.26	0.40
	EV/FCF	(22.44)	208.59	14.11	9.86	24.95	18.03	(44.95)	31.15	(3.24)	(10.72)
Cash, $m
Cash, $m	Operating cash flow	2	3	23	26	20	12	2	8	(14)	(1)
	Capex	(11)	(1)	(1)	(3)	(3)	(3)	(4)	(6)	(6)	(6)
	Free cash flow	(9)	2	22	23	18	9	(2)	2	(20)	(8)
Balance, $m
Balance, $m	Working capital	17	24	35	29	36	49	42	29	1	2
	Total debt	50	63	55	51	41	45	41	30	36	35
	Net debt	40	46	38	32	19	11	15	15	25	22
	Shareholders’ equity	230	224	207	211	217	213	94	34	25	18
Returns, %
Returns, %	ROA	(9.68)	(16.92)	(5.88)	(0.57)	0.70	(3.20)	(49.12)	(42.74)	(28.50)	(29.73)
	ROIC	(7.89)	(4.86)	2.90	1.34	2.22	(1.30)	(68.57)	(76.56)	(29.67)	(31.87)
	ROE	(13.36)	(23.46)	(8.32)	(0.84)	1.03	(4.68)	(80.25)	(98.50)	(98.64)	(125.87)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
TJGC TJGC Group Limited	$322.1M	—	—	—	—	−1,699.18% (below 0%: shrinking)	—	—	Compare
SDM Smart Digital Group Limited	$290.2M	—	—	—	—	—	—	—	Compare
NCMI National CineMedia, Inc.	$211.7M	— (loss-making)	— (loss-making)	+12.74% (above 0%: growing)	n/m	+60.61% (above 0%: growing)	29.28%	(21.92%)	Compare
FLNT FLUENT, INC.	$84.1M	— (loss-making)	— (loss-making)	+8.37% (above 0%: growing)	n/m	−835.54% (below 0%: shrinking)	28.91%	(10.22%)
TSQ Townsquare Media, Inc.	$70.9M	— (loss-making)	13.5×	−0.08% (below 0%: shrinking)	n/m	−97.71% (below 0%: shrinking)	26.74%	(10.66%)	Compare
STFS Star Fashion Culture Holdings Limited	$59.4M	—	—	—	—	—	—	—	Compare
MCHX Marchex, Inc.	$54.1M	— (loss-making)	— (loss-making)	−5.60% (below 0%: shrinking)	n/m	−329.30% (below 0%: shrinking)	61.02%	(3.14%)	Compare
SWAG Stran & Company, Inc.	$26.1M	— (loss-making)	—	+2.40% (above 0%: growing)	−33.33% (below 0%: shrinking)	−94.36% (below 0%: shrinking)	30.04%	0.26%	Compare
MF MindForge Inc.	$19.7M	—	—	—	—	−235.57% (below 0%: shrinking)	1.20%	(2.14%)	Compare
Median of peers	$65.2M	—	—	+1.16%	—	−166.64%	29.28%	(3.14%)

All 42 Advertising Agencies stocks →

FLUENT, INC. (FLNT) key facts

Concern: FLUENT, INC.’s revenue for fiscal 2025 (year ended December 2025) was $208.8 million, down 18.0% from fiscal 2024.
FLUENT, INC. (FLNT) is an Advertising Agencies company in the Communication Services sector, listed on Nasdaq.
As of October 16, 2026, FLNT traded at $2.72, a market capitalization of $84.1 million.
Return on equity was −125.9% and debt-to-equity 3.94.
Its Piotroski F-score is 3 out of 9 and its Altman Z-score is −4.73 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.