FLNTNasdaqServices-AdvertisingFiscal year ends December 31
Fluent, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026
$2.71−0.01 (-0.37%)
Close on Oct 19, 2026
- Market cap
- $85.49M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
24.5%−6.2 pts over 5 years
Operating margin
-9.7%−12.4 pts over 5 years
Net margin
-13.0%−13.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -18.0% | -16.7% | -7.6% | +30.9% | |
| Gross profit | -15.7% | -18.2% | -11.7% | +29.6% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -13.4% | 1.0% | -125.9% | |
| Return on assets | -9.7% | 0.7% | -29.7% | |
| Current ratio | 1.65 | 1.72 | 1.04 | |
| Debt to equity | 0.22 | 0.19 | 1.90 | |
| Net debt to EBITDA | -1.88× | 0.82× | -2.05× | |
| Interest coverage | -4.5× | 1.6× | -6.6× | |
| Capex to revenue | 0.4% | 0.0% | 0.0% | |
| Diluted shares | 7M | 13M | 26M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Fluent generated $38.10M from operations and spent $160.00K on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$38.10M
Used
$160.00K
Capital expenditure$160.00K100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-13.0%
×Asset turnover2.28×
×Equity multiplier4.23×
=Return on equity, FY2025-125.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -13.0% | 2.28× | 4.23× | -125.9% |
| FY2024 | -11.5% | 2.72× | 3.15× | -98.6% |
| FY2023 | -21.2% | 2.15× | 2.16× | -98.5% |
| FY2022 | -34.2% | 1.44× | 1.63× | -80.3% |
| FY2021 | -3.1% | 1.05× | 1.46× | -4.7% |
| FY2020 | 0.7% | 0.99× | 1.47× | 1.0% |
| FY2019 | -0.6% | 0.92× | 1.46× | -0.8% |
| FY2018 | -7.2% | 0.82× | 1.42× | -8.3% |
| FY2017 | -25.1% | 0.67× | 1.39× | -23.5% |
| FY2016 | -15.6% | 0.62× | 1.38× | -13.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$27.17M
- Cash generatingOperating cash flow above zero-$1.47M
- Return on assets improvedROA up on the prior year-31.3% → -29.0%
- Earnings backed by cashOperating cash flow above net income-$1.47M vs -$27.17M
- Less leverageLong-term debt to assets fell4.2% → 4.2%
- Better liquidityCurrent ratio rose1.02 → 1.04
- No dilutionShare count did not rise16M → 26M
- Gross margin improvedGross margin up on the prior year23.88% → 24.54%
- More efficientAsset turnover rose2.72 → 2.23