Fluent Inc (OQ:FLNT)

Sector:  Consumer Cyclicals Industry:  Advertising & Marketing
 
See Regulatory Filings on SEC
Company Contact
Address: 300 Vesey Street, 9Th Floor
NEW YORK NY 10282
Tel: N/A
Website: https://www.fluentco.com
IR: See website
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Key People
Ryan Schulke
Chairman of the Board, Chief Strategy Officer
Donald Huntley Patrick
Chief Executive Officer
Ryan Macnab Perfit
Interim Chief Financial Officer
Business Overview
Fluent, Inc. is engaged in performance marketing, delivering customer acquisition solutions through its digital media portfolio, global commerce partnerships, and proprietary data and tech. The Company offers brands to consumers through outcome-based programs across untapped channels, including its post-transaction ad solution and reward discovery platform. The Company delivers data and performance-based customer acquisition services for over 500 consumer brands, direct marketers, and agencies across a range of industries, including media & entertainment, financial products & services, health & life sciences, retail & consumer, and staffing & recruitment. It operates a call center performance marketplace that provides live-call-based performance campaigns to help clients increase engagement. Through AdParlor, LLC (AdParlor), it conducts its non-core business which offers clients various social media strategies through the planning and buying of media on different platforms.
Financial Overview
For the fiscal year ended 31 December 2023, Fluent Inc revenues decreased 17% to $298.4M. Net loss decreased 49% to $63.2M. Revenues reflect Fluent segment decrease of 18% to $289.1M, All Other segment decrease of 10% to $9.3M, United States segment decrease of 19% to $184.8M, International segment decrease of 14% to $113.6M. Lower net loss reflects Sales and marketing expenses - Balancing decrease of 52% to $14.2M (expense).
Employees: 274 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $49.08M as of Dec 31, 2023
Annual revenue (TTM): $298.40M as of Dec 31, 2023
EBITDA (TTM): $3.04M as of Dec 31, 2023
Net annual income (TTM): -$63.22M as of Dec 31, 2023
Free cash flow (TTM): $2.28M as of Dec 31, 2023
Net Debt Last Fiscal Year: $14.68M as of Dec 31, 2023
Shares outstanding: 13,595,311 as of Apr 12, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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