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Fluent, Inc. (FLNT) Financials

FLNT
Trailing 12 months to June 30, 2026
Revenue $202.1M -12.0% YoY
Net Income -$23.2M +15.2% YoY
EPS (Diluted) -$0.75 YoY not available
Free Cash Flow -$4.3M -306.0% YoY
Market Cap $89.1M as of Oct 9, 2026
Price / Sales 0.4x on $202.1M revenue, trailing 12 months to June 30, 2026
Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026
Price / Book 11.0x on $8.1M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FLNT SEC filings page.

Fluent, Inc. (FLNT) reported $202.1M in revenue over the twelve months to Jun 30, 2026, down 12.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI FLNT FY2025

Revenue is shrinking while margins remain negative, and cash use improved without eliminating the underlying loss.

From FY2024 to FY2025, revenue fell 18.0% while gross margin widened slightly. Yet operating margin moved from -9.3% to -9.7%, so the better gross spread did not offset the smaller sales base.

By FY2025, the balance sheet had a near-par current position at 1.0x, while debt-to-equity was only 0.2x. That combination points to short-term obligations being the tighter constraint than long-term borrowing: current liabilities were $65.0M against $70.9M of total liabilities, leaving relatively little of the liability stack outside current claims.

Cash conversion improved sharply: operating cash flow moved from -$14.1M in FY2024 to -$1.5M in FY2025, while free cash flow nearly matched it because capital spending remained minimal. Yet FY2025 still recorded a net loss of $27.2M, showing that accounting losses and cash consumption were moving on different scales rather than tracking one-for-one.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 27 / 100
Financial Health Score 27/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Fluent, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
25

Fluent, Inc. has an operating margin of -9.7%, meaning the company loses $10 on every $100 of revenue. This results in a profitability score of 25/100. This is down from -9.3% the prior year.

Growth
5

Fluent, Inc.'s revenue declined 18.0% year-over-year, from $254.6M to $208.8M. This contraction results in a growth score of 5/100.

Leverage
74

Fluent, Inc. carries a low D/E ratio of 0.20, meaning only $0.20 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 74/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
20

Fluent, Inc.'s current ratio of 1.04 is below the typical benchmark, resulting in a score of 20/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow
22

Fluent, Inc.'s operations used $1.5M of cash, and capex of $69K added to the outflow, for a free cash flow shortfall of $1.5M. This results in a cash flow score of 22/100.

Returns
18

Fluent, Inc. posts a -149.2% return on equity (ROE), meaning it loses $149 for every $100 of shareholders' equity. This results in a returns score of 18/100. This is down from -119.3% the prior year.

Altman Z-Score Distress
-4.50

Fluent, Inc. scores -4.50, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($89.1M) relative to total liabilities ($70.9M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral
5/9

Fluent, Inc. passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality No Cash Backing
N/A

Fluent, Inc. reported a net loss of $27.2M while operations used $1.5M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk
N/A

Fluent, Inc. reported an operating loss of $20.3M against $3.1M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue
$48.4M
YoY+8.4%
QoQ+8.0%
5Y CAGR-8.0%
10Y CAGR+1.7%

Fluent, Inc. generated $48.4M in revenue in Q2 2026. This represents an increase of 8.4% from the same quarter a year earlier. Against the prior quarter it is up 8.0%.

EBITDA
-$3.2M
YoY+30.0%
QoQ-45.5%

Fluent, Inc.'s EBITDA was -$3.2M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 30.0% from the same quarter a year earlier. Against the prior quarter it is down 45.5%.

Net Income
-$6.2M
YoY+14.5%
QoQ-15.4%

Fluent, Inc. reported -$6.2M in net income in Q2 2026. This represents an increase of 14.5% from the same quarter a year earlier. Against the prior quarter it is down 15.4%.

EPS (Diluted)
-$0.20
YoY+33.3%
QoQ-17.6%

Fluent, Inc. earned -$0.20 per diluted share (EPS) in Q2 2026. This represents an increase of 33.3% from the same quarter a year earlier. Against the prior quarter it is down 17.6%.

Cash & Balance Sheet

Free Cash Flow
-$4.8M
YoY-633.5%
QoQ-195.4%

Fluent, Inc. recorded an outflow of $4.8M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 633.5% from the same quarter a year earlier. Against the prior quarter it is down 195.4%.

Cash & Debt
$6.9M
YoY+39.5%
QoQ-33.2%
5Y CAGR-22.8%
10Y CAGR-4.8%

Fluent, Inc. held $6.9M in cash against $5.2M in long-term debt as of Q2 2026, with $59.7M of liabilities due within a year.

Shares Outstanding
32M
YoY+30.2%
QoQ+6.0%
5Y CAGR-16.6%
10Y CAGR-4.6%

Fluent, Inc. had 32M shares outstanding in Q2 2026. This represents an increase of 30.2% from the same quarter a year earlier. Against the prior quarter it is up 6.0%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin
28.9%
YoY+5.9pp
QoQ+6.5pp
5Y change+6.1pp

Fluent, Inc.'s gross margin was 28.9% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 5.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.5 percentage points.

Operating Margin
-10.2%
YoY+5.7pp
QoQ-1.5pp
5Y change-3.7pp
10Y change+8.9pp

Fluent, Inc.'s operating margin was -10.2% in Q2 2026, reflecting core business profitability. This is up 5.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.5 percentage points.

Net Margin
-12.8%
YoY+3.4pp
QoQ-0.8pp
5Y change-5.7pp
10Y change+4.7pp

Fluent, Inc.'s net profit margin was -12.8% in Q2 2026, showing the share of revenue converted to profit. This is up 3.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.8 percentage points.

Return on Equity
-76.2%
YoY-38.5pp
QoQ-35.9pp
5Y change-73.7pp
10Y change-73.0pp

Fluent, Inc.'s ROE was -76.2% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 38.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 35.9 percentage points.

Capital Allocation

R&D Spending
$3.0M
YoY+33.4%
QoQ+8.0%
5Y CAGR-2.4%

Fluent, Inc. invested $3.0M in research and development in Q2 2026. This represents an increase of 33.4% from the same quarter a year earlier. Against the prior quarter it is up 8.0%.

Capital Expenditures
$31K
YoY0.0%
QoQ-45.6%

Fluent, Inc. invested $31K in capex in Q2 2026, funding long-term assets and infrastructure. That is unchanged from the same quarter a year earlier. Against the prior quarter it is down 45.6%.

Share Buybacks

Not reported for Q2 2026.

FLNT Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FLNT quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$48.4M+8.4%$44.9M-18.8%$61.8M-5.5%$47.0M-27.1%$44.7M-23.9%$55.2M-16.3%$65.4M-10.1%$64.5M-2.6%
Cost of Revenue$34.4M0.0%$34.8M-20.5%$43.2M-16.2%$36.2M-26.0%$34.4M-25.3%$43.8M-7.5%$51.5M-0.8%$48.9M-2.6%
Gross Profit$14.0M+36.3%$10.0M-12.2%$18.7M+34.1%$10.9M-30.5%$10.3M-18.5%$11.4M-38.6%$13.9M-33.3%$15.7M-2.7%
R&D Expenses$3.0M+33.4%$2.8M-17.0%$3.5M-1.7%$2.6M-36.4%$2.3M-51.6%$3.4M-29.8%$3.6M-18.0%$4.1M-8.6%
SG&A Expenses$9.4M+6.2%$5.7M-33.5%$8.7M-7.7%$8.6M-5.6%$8.9M+0.2%$8.6M-17.2%$9.4M-9.0%$9.1M+3.9%
Operating Income-$5.0M+30.3%-$3.9M+44.8%$163K+103.0%-$6.3M-62.1%-$7.1M+31.5%-$7.1M-79.0%-$5.4M-205.3%-$3.9M+88.5%
EBITDA-$3.2M+30.0%-$2.2M+51.7%$2.5M+182.6%-$3.8M-151.8%-$4.6M+40.8%-$4.6M-233.9%-$3.0M-407.7%-$1.5M+95.1%
Interest Expense$637K-9.3%$605K-31.3%$781K-24.8%$711K-44.5%$702K-30.8%$880K-37.8%$1.0M+32.4%$1.3M+36.9%
Income Tax$5K+104.7%$3K-98.7%-$116K+93.9%-$12K+65.7%-$107K+86.2%$233K-74.3%-$1.9M-186.2%-$35K+97.2%
Net Income-$6.2M+14.5%-$5.4M+35.3%-$4.1M-4.8%-$7.6M+4.9%-$7.2M+37.9%-$8.3M-31.8%-$3.9M-107.0%-$7.9M+76.4%
EPS (Basic)-$0.20+33.3%-$0.17+56.4%-$0.11-120.0%-$0.27+43.7%-$0.30+60.0%-$0.39+13.3%-$0.05+61.5%-$0.48+80.2%
EPS (Diluted)-$0.20+33.3%-$0.17+56.4%-$0.11-$0.27-$0.30-$0.39-$0.05-$0.48
Diluted Shares (Avg)32M+31.1%31M+47.7%N/A28M24M21MN/A16M

FLNT Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FLNT quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$75.1M+0.9%$72.3M-6.7%$89.1M-4.8%$76.1M-1.9%$74.5M-24.4%$77.5M-25.2%$93.6M0.0%$77.5M-30.9%
Current Assets$52.6M+12.1%$49.4M-3.5%$67.5M+2.3%$49.5M-25.2%$46.9M-30.1%$51.2M-28.3%$66.0M-15.9%$66.3M-14.0%
Cash & Equivalents$6.9M+39.5%$10.3M+113.3%$12.9M+37.0%$9.2M+40.4%$4.9M-0.9%$4.8M-58.6%$9.4M-40.3%$6.6M-67.9%
Short-Term Investments$0$0$0$0$0$0$0$0
Accounts Receivable$26.8M-14.1%$20.0M-45.9%$28.5M+9.1%$32.1M-39.0%$31.2M-43.3%$37.0M-30.7%$26.1M-21.3%$52.6M+8.5%
Long-Term Investments$0$0$0$0$0$0$0$0
Goodwill$0$0$0$0$0$0-100.0%$0-100.0%$0-100.0%
Total Liabilities$67.0M+21.1%$59.0M+6.4%$70.9M+3.3%$54.5M-28.3%$55.3M-22.1%$55.5M-25.9%$68.7M-11.4%$76.0M-0.8%
Current Liabilities$59.7M+20.2%$52.2M+1.1%$65.0M+0.5%$48.4M-31.2%$49.7M-28.6%$51.7M-29.7%$64.7M+31.4%$70.4M-2.4%
Non-Current Liabilities$7.3M+28.9%$6.8M+78.3%$5.9M+47.9%$6.1M+9.0%$5.7M+280.3%$3.8M+191.6%$4.0M-85.9%$5.6M+25.6%
Long-Term Debt$5.2M+55.2%$4.6M+20.3%$3.7M-5.9%$3.9M-27.7%$3.3M+342.9%$3.8M$4.0M-84.4%$5.4M
Total Equity$8.1M-57.6%$13.3M-39.7%$18.2M-27.0%$21.6M+8.0%$19.1M-30.3%$22.0M-23.3%$25.0M-27.5%$20.0M-43.7%
Retained Earnings-$449.5M-5.4%-$443.3M-5.8%-$438.0M-6.6%-$433.8M-6.5%-$426.3M-6.7%-$419.1M-8.1%-$410.8M-7.7%-$407.4M-7.3%

Not reported in any period shown, so not listed: Inventory.

FLNT Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FLNT quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow-$4.8M-612.5%$5.1M+142.0%$2.8M+230.3%-$7.3M-690.9%$935K+107.2%$2.1M+1700.0%-$2.1M-37.5%$1.2M-83.8%
Depreciation & Amortization$1.7M-31.0%$1.7M-31.7%$2.3M-3.5%$2.5M+4.6%$2.5M-3.4%$2.5M-4.3%$2.4M-12.5%$2.4M-10.9%
Stock-Based Compensation$1.5M+362.5%$954K+184.8%N/A$478K+3.9%$331K-21.7%$335K-44.2%N/A$460K-52.1%
Capital Expenditures$31K0.0%$57K$21K+75.0%$17K+1600.0%$31K$0$12K$1K-66.7%
Free Cash Flow-$4.8M-633.5%$5.1M+139.3%$2.8M+228.6%-$7.3M-692.8%$904K$2.1M-$2.2M-38.3%$1.2M-83.8%
Investing Cash Flow-$1.5M+8.0%-$1.5M+5.7%-$1.5M+0.5%-$1.7M-40.0%-$1.7M+4.9%-$1.6M+12.6%-$1.5M+15.0%-$1.2M+31.3%
Financing Cash Flow$2.9M+48.2%-$6.3M-21.6%$2.4M-63.3%$11.6M+756.8%$2.0M-79.6%-$5.2M-132.3%$6.5M+560.3%$1.4M+121.2%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

FLNT Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FLNT quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Gross Margin28.9%+5.9pp22.4%+1.7pp30.2%+8.9pp23.1%-1.2pp23.0%+1.5pp20.7%-7.5pp21.3%-7.4pp24.3%0.0pp
Operating Margin-10.2%+5.7pp-8.7%+4.1pp0.3%+8.6pp-13.4%-7.4pp-15.9%+1.8pp-12.8%-6.8pp-8.3%-5.9pp-6.0%+45.2pp
Net Margin-12.8%+3.4pp-11.9%+3.0pp-6.7%-0.7pp-16.1%-3.8pp-16.2%+3.6pp-15.0%-5.5pp-6.0%-3.4pp-12.3%+38.5pp
Return on Equity-76.2%-38.5pp-40.3%-2.8pp-22.6%-6.9pp-35.0%+4.8pp-37.8%+4.6pp-37.5%-15.7pp-15.7%-10.2pp-39.8%+55.0pp
Return on Assets-8.2%+1.5pp-7.4%+3.3pp-4.6%-0.4pp-9.9%+0.3pp-9.7%+2.1pp-10.7%-4.6pp-4.2%-2.2pp-10.3%+19.8pp
Current Ratio0.88-0.1x0.950.0x1.040.0x1.02+0.1x0.950.0x0.990.0x1.02-0.6x0.94-0.1x
Debt-to-Equity0.64+0.5x0.34+0.2x0.200.0x0.18-0.1x0.17+0.1x0.17+0.2x0.16-0.6x0.27-1.9x
Asset Turnover0.640.0x0.62-0.1x0.690.0x0.62-0.2x0.600.0x0.71+0.1x0.70-0.1x0.83+0.2x
FCF Margin-10.0%-12.0pp11.3%+7.4pp4.5%+7.8pp-15.6%-17.5pp2.0%3.8%-3.3%-1.1pp1.9%-9.6pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Fluent, Inc. FLNT FY2025 $208.8M -$27.2M -13.0% $89.1M 27/100
Able View Global Inc. ABLV FY2025 $105.2M $820K 0.8% $139.7M 41/100
CTRL Group Limited MCTR FY2025 $3.9M -$3.4M -88.1% $14.9M 29/100
WiMi Hologram Cloud Inc. WIMI FY2025 $60.1M $44.0M 73.2% $12.7M 40/100
ACCESS Newswire Inc. ACCS FY2025 $22.6M $4.3M 19.0% $18.4M 35/100
Stran & Company, Inc. SWAG FY2025 $116.2M -$747K -0.6% $26.5M 44/100

Frequently Asked Questions

What is Fluent, Inc.'s annual revenue?

Fluent, Inc. (FLNT) reported $208.8M in total revenue for fiscal year 2025. This represents a -18.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Fluent, Inc.'s revenue growing?

Fluent, Inc. (FLNT) revenue declined by 18.0% year-over-year, from $254.6M to $208.8M in fiscal year 2025.

Is Fluent, Inc. profitable?

No, Fluent, Inc. (FLNT) reported a net income of -$27.2M in fiscal year 2025, with a net profit margin of -13.0%.

Fluent, Inc. (FLNT) reported diluted earnings per share of -$1.05 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Fluent, Inc. (FLNT) had EBITDA of -$10.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Fluent, Inc. (FLNT) had $12.9M in cash and equivalents against $3.7M in long-term debt.

Fluent, Inc. (FLNT) had a gross margin of 24.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Fluent, Inc. (FLNT) had an operating margin of -9.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Fluent, Inc. (FLNT) had a net profit margin of -13.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Fluent, Inc. (FLNT) has a return on equity of -149.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Fluent, Inc. (FLNT) recorded an outflow of $1.5M in free cash flow during fiscal year 2025. This represents a 89.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Fluent, Inc. (FLNT) recorded an outflow of $1.5M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

Fluent, Inc. (FLNT) had $89.1M in total assets as of fiscal year 2025, including both current and long-term assets.

Fluent, Inc. (FLNT) invested $69K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Fluent, Inc. (FLNT) invested $11.8M in research and development during fiscal year 2025.

Fluent, Inc. (FLNT) had 30M shares outstanding as of fiscal year 2025.

Fluent, Inc. (FLNT) had a current ratio of 1.04 as of fiscal year 2025, which is considered adequate.

Fluent, Inc. (FLNT) had a debt-to-equity ratio of 0.20 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Fluent, Inc. (FLNT) had a return on assets of -30.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Fluent, Inc. (FLNT) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $89.1M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Fluent, Inc. (FLNT) trades at 0.4x sales, its market capitalization divided by revenue of $202.1M revenue, trailing 12 months to June 30, 2026. The market capitalization is $89.1M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

At the end of fiscal year 2025, Fluent, Inc. (FLNT) held $12.9M in cash, cash equivalents and investments, and reported an operating cash outflow of $1.5M over that year. Dividing the one by the other, the reported balance equals about 106 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

Fluent, Inc. (FLNT) has an Altman Z-Score of -4.50, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Fluent, Inc. (FLNT) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Fluent, Inc. (FLNT) reported a net loss of $27.2M while operations used $1.5M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Fluent, Inc. (FLNT) reported an operating loss of $20.3M against $3.1M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Fluent, Inc. (FLNT) scores 27 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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