Fluent, Inc.
FLNT Nasdaq· Services-Advertising
Last close · Oct 27, 2026
$2.76
KIRA · Stoqly’s AI analyst, in plain words
- Fluent, Inc. had $209M of revenue in fiscal 2025, down 18.0% on the year before. Over five years, revenue changed −7.6% a year on average.
- Its operating margin was −9.7%, down 0.4 pts: of every 100 in sales, about −10 is left after running the business.
- Fluent, Inc. lost $27.2M in fiscal 2025.
- Free cash flow was −$1.5M in fiscal 2025, −0.7% of revenue.
- Fluent, Inc. owes $21.6M more than it holds in cash.
Market cap
$87.1M
P/E
—
Revenue
$209M
Net income
−$27.2M
Free cash flow
−$1.5M
Operating margin
−9.7%
Fluent, Inc. in 30 seconds · fiscal 2025
Are sales growing?
−18.0%
No. Sales fell 18.0% last year.
Does it make a profit?
−13.0%
No. It lost money last year.
Does profit turn into cash?
−0.7%
No. It spent more cash than it brought in.
How healthy are the accounts?
3 / 8
Weak. It passes 3 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Fluent, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 31, 2026
- Legal name
- Fluent, Inc.
- CIK
- 0001460329
Fluent, Inc. · FLNT
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $329M | $361M | $298M | $255M | $209M |
| Revenue growth | 6.0% | 9.7% | −17.4% | −14.7% | −18.0% |
| Operating margin | −1.4% | −33.1% | −20.2% | −9.3% | −9.7% |
| Net income | −$10.1M | −$123M | −$63.2M | −$29.3M | −$27.2M |
| Net margin | −3.1% | −34.2% | −21.2% | −11.5% | −13.0% |
| Diluted EPS | −$0.13 | −$1.51 | −$4.59 | −$1.80 | −$1.05 |
| Cash | |||||
| Cash from operations | $12.4M | $2.0M | $8.1M | −$14.1M | −$1.5M |
| Capital expenditure | $0.0M | $0.0M | $0.0M | $0.0M | $0.1M |
| Free cash flow | $12.4M | $1.9M | $8.1M | −$14.1M | −$1.5M |
| FCF margin | 3.8% | 0.5% | 2.7% | −5.5% | −0.7% |
| Share buybacks | $0.0M | — | — | — | — |
| Share count change | 0.6% | 1.8% | −83.1% | 18.1% | 59.7% |
| Debt and strength | |||||
| Cash and short-term investments | $34.5M | $25.5M | $15.8M | $9.4M | $12.9M |
| Debt incl. finance leases | $40.3M | $40.6M | $30.5M | $35.7M | $34.6M |
| Shareholders' equity | $213M | $94.0M | $34.4M | $25.0M | $18.2M |
| Net debt / EBITDA | 0.7x | — | — | — | — |
| Current ratio | 1.9x | 1.8x | 1.6x | 1.0x | 1.0x |
| Interest coverage | −2.1x | −60.9x | −18.8x | −5.0x | −6.6x |
| Returns and quality | |||||
| Return on capital | −1.7% | −86.7% | −96.8% | −36.6% | −40.3% |
| Return on equity | −4.7% | −80.3% | −98.5% | −98.6% | −125.9% |
| Return on tangible equity | −80.0% | −1,221.2% | −998.1% | −927.1% | −2,902.5% |
| Piotroski F-score | 5 | 3 | 4 | 2 | 3 |
| Altman Z'' | 1.1 | −7.4 | −15.1 | −15.5 | −17.1 |
Insiders bought, 12 months
$1.0M
6 insiders
Insiders sold, 12 months
$0.2M
5 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Fluent, Inc. · FLNT
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $2.76 a share, the company is worth $87.1M.
Source: SEC EDGAR XBRL filings (CIK 0001460329). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.