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Fluent, Inc. Announces Sale of Non-Core Call Solutions Subsidiary to Accelerate Strategic Shift to High Growth Commerce Media Solutions Business

Fluent (NASDAQ: FLNT) completed the sale of Winopoly LLC, its Call Solutions subsidiary, to InsureCo, LLC on February 6, 2026 to accelerate a strategic shift toward its Commerce Media Solutions business.

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Fluent (NASDAQ: FLNT) completed the sale of Winopoly LLC, its Call Solutions subsidiary, to InsureCo, LLC on February 6, 2026 to accelerate a strategic shift toward its Commerce Media Solutions business.

Commerce Media Solutions has achieved triple‑digit compound annual revenue growth since Q1 2023, grew 98% year‑over‑year through the first three quarters of 2025, represented 40% of consolidated enterprise revenue (up from 16% in Q3 2024), and surpassed an annual revenue run rate of $85 million. Management says the divestiture sharpens focus and frees resources to invest behind the higher‑growth business.

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Positive

  • Commerce Media Solutions triple‑digit CAGR since Q1 2023
  • Business grew 98% year‑over‑year through first three quarters of 2025
  • Commerce Media Solutions reached 40% of consolidated revenue (vs 16% in Q3 2024)
  • Annual revenue run rate exceeded $85 million

Negative

  • Revenue concentration risk as Commerce Media Solutions now represents 40% of revenue
Argus Feb 6 session
+5.19% close to close Open Argus
Details

News Market Reaction – FLNT

On Feb 6, the day this news came out, FLNT closed 5.19% above the previous close.

Data tracked by StockTitan Argus for the Feb 6 session.

Market Context

On Feb 6, the day this news came out, the stock closed 5.2% above the previous close. A strong posit...
Analysis

On Feb 6, the day this news came out, the stock closed 5.2% above the previous close. A strong positive reaction aligns with management’s strategic pivot toward higher-growth commerce media. The divestiture of Winopoly refocused resources on a segment that grew 98% year-over-year and reached a run rate above $85M. Historically, FLNT has often risen on strategic and financing news. However, going‑concern disclosures and an S-3 resale registration underline capital and execution risks that could limit the durability of sharp gains.

Key Figures

Commerce Media growth: 98% year-over-year Revenue mix: 40% of consolidated revenue Prior revenue mix: 16% of consolidated revenue +3 more
Commerce Media growth
98% year-over-year
Through first three quarters of 2025
Revenue mix
40% of consolidated revenue
Commerce Media Solutions share through first three quarters 2025
Prior revenue mix
16% of consolidated revenue
Commerce Media Solutions in Q3 2024
Revenue run rate
$85 million
Commerce Media Solutions annualized run rate in Q3 2025
Sale price
$3.0 million
Winopoly LLC divestiture, payable via secured promissory note
Share price
$3.47
Pre-news price, <b>7.96%</b> below prior close

Historical Context

5 past events · Latest: Jan 21
5 events
  1. Jan 21

    Workplace recognition

    24h Move
    +5.3%

    Named a 2026 Ad Age Best Place to Work for third straight year.

  2. Dec 02

    New credit facility

    24h Move
    +6.3%

    $30M asset-backed credit facility with expanded borrowing availability and no covenants.

  3. Nov 13

    Q3 2025 earnings

    24h Move
    +3.6%

    Q3 results with strong commerce media growth, $85M run rate and 40% revenue mix.

  4. Nov 04

    Earnings call notice

    24h Move
    -4.3%

    Announcement of Q3 2025 results date and conference call logistics.

  5. Oct 16

    Partnership update

    24h Move
    +1.8%

    Rebuy Monetize powered by Fluent scaled across Shopify with strong merchant adoption.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

commerce media solutions, compound annual revenue growth, annual revenue run rate
3 terms
commerce media solutions technical
"Fluent, Inc. (NASDAQ: FLNT), a leading provider of commerce media solutions, today"
Commerce media solutions are tools and services that connect advertising, product catalogs and purchase data so shoppers can discover and buy products directly through ads, publisher sites or retail platforms. Think of them as turning storefront windows into interactive, shoppable displays that track what people see and buy. Investors pay attention because these solutions can increase measurable sales, improve marketing efficiency, and create predictable revenue tied to customer purchase behavior.
compound annual revenue growth financial
"has delivered triple-digit compound annual revenue growth, reflecting strong market"
Compound annual revenue growth measures the average yearly rate at which a company’s sales have increased over a multi‑year period, smoothing out annual ups and downs to show the single percentage that would turn the starting revenue into the ending revenue. Investors treat it like a consistent “speed” of growth—useful for comparing firms or judging whether past sales momentum is strong enough to support future forecasts and valuation.
annual revenue run rate financial
"Commerce Media Solutions also surpassed an annual revenue run rate of $85 million"
Annual revenue run rate is an estimate of a company’s sales over the next 12 months by multiplying recent revenue for a short period (like a month or quarter) to create a full-year projection. Investors use it as a quick snapshot of current business scale and growth momentum—like reading a car’s current speed to guess how far it will travel in an hour—but it can mislead if results are affected by one-time events or seasonal swings.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, Feb. 06, 2026 (GLOBE NEWSWIRE) -- Fluent, Inc. (NASDAQ: FLNT), a leading provider of commerce media solutions, today announced the completed sale of Winopoly LLC, its Call Solutions subsidiary, to InsureCo, LLC. This divestiture advances Fluent’s strategy to focus resources and investments on its rapidly scaling Commerce Media Solutions business.

From its launch in the first quarter of 2023, Commerce Media Solutions has delivered triple-digit compound annual revenue growth, reflecting strong market demand and the strength of Fluent’s differentiated technology. Through the first three quarters of 2025, the business had grown 98% year-over-year reaching 40% of consolidated enterprise revenue, up from 16% in the third quarter of 2024. Commerce Media Solutions also surpassed an annual revenue run rate of $85 million in the quarter.

“Over the past several years, we have deliberately transformed Fluent to align with where the market is headed,” said Don Patrick, Chief Executive Officer of Fluent. “The sale of our non-core Call Solutions business further sharpens our focus on Commerce Media Solutions and strengthens our ability to invest behind a business that is delivering sustained growth, scalability, and long-term value for our stakeholders.”

About Fluent, Inc.

Fluent, Inc. (NASDAQ: FLNT) is a commerce media solutions provider connecting top-tier brands with highly engaged consumers. Leveraging exclusive ad inventory, robust first-party data, privacy-first infrastructure, and proprietary machine learning, Fluent unlocks additional revenue streams for partners and empowers advertisers to acquire their most valuable customers at scale. Founded in 2010, Fluent uses its deep expertise in performance marketing to drive monetization and increase engagement at key touchpoints across the customer journey. For more insights, visit https://www.fluentco.com.

Forward-Looking Statements

This press release contains “forward-looking statements,” as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as “expects,” “plans,” “projects,” “will,” “may,” “anticipate,” “believes,” “should,” “intends,” “estimates,” and other words of similar meaning. Such forward-looking statements are subject to risks and uncertainties that are often difficult to predict, are beyond our control and which may cause results to differ materially from expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on our expectations as of the date of this press release and speak only as of the date of this press release. Readers are also advised to consider the factors under the heading “Forward-Looking Statements” and “Risk Factors” in the Company’s Annual Report on Form 10-K, as may be supplemented or amended by the Company’s Quarterly Reports on Form 10-Q and other SEC filings. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

Contact Information

Investor Relations
Fluent, Inc.
InvestorRelations@fluentco.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Fluent (FLNT) announce on February 6, 2026 regarding Winopoly?

Fluent announced the completed sale of Winopoly LLC to InsureCo, LLC to exit its Call Solutions business. According to the company, the divestiture refocuses resources on its Commerce Media Solutions growth strategy and investment priorities.

How fast is Fluent's Commerce Media Solutions business growing (FLNT)?

Commerce Media Solutions has delivered triple‑digit compound annual revenue growth since Q1 2023. According to the company, it grew 98% year‑over‑year through the first three quarters of 2025, indicating rapid expansion.

What revenue share and run rate did Fluent report for Commerce Media Solutions in 2025?

Commerce Media Solutions reached 40% of consolidated enterprise revenue, up from 16% in Q3 2024. According to the company, the business also surpassed an annual revenue run rate of $85 million in the quarter.

What does the Winopoly sale mean for FLNT shareholders?

The sale narrows Fluent's focus on its higher‑growth commerce media business and aims to free capital for reinvestment. According to the company, this is intended to support sustained growth and long‑term shareholder value.

Who acquired Winopoly LLC from Fluent (FLNT) and what does that buyer do?

InsureCo, LLC acquired Winopoly LLC, Fluent's Call Solutions subsidiary. According to the company, the transaction transfers the non‑core call business to InsureCo while Fluent concentrates on its Commerce Media Solutions operations.

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