FLNT Chart
About

Fluent, Inc. provides digital marketing services in the United States and internationally. The company offers customer acquisition services by operating digital marketing campaigns, through which the company connects its advertiser clients with consumers. It also provides performance campaigns, such as a trial subscription of a good or service, the submission of a registration form, and the installation of a mobile app; consumer data directly via direct mail, email, telephone, messaging, and other channels; programmatic data offerings; call solutions marketplace; and social media campaigns through Adparlor. It serves consumer brands; direct marketers; and agencies across a wide range of industries, including media and entertainment, financial products and services, health and life sciences, retail and consumer, and staffing and recruitment. Fluent, Inc. was founded in 2001 and is headquartered in New York, New York.

Fundamentals
Scroll to Statements
Sector Communication Services Industry Advertising Agencies Market Cap 99.58M
Enterprise Value 124.31M Income -27.17M Sales 208.76M
Book/sh 0.61 Cash/sh 0.44 Dividend Yield
Payout 0.00% Employees IPO
P/E Forward P/E -23.17 PEG
P/S 0.48 P/B 5.46 P/C
EV/EBITDA -12.69 EV/Sales 0.59 Quick Ratio 0.92
Current Ratio 1.04 Debt/Eq 206.84 LT Debt/Eq
EPS (ttm) -0.99 EPS next Y -0.14 EPS Growth
Revenue Growth -5.50% Earnings 2026-05-14 ROA -13.37%
ROE -125.87% ROIC Gross Margin 24.55%
Oper. Margin 1.52% Profit Margin -13.01% Shs Outstand 29.64M
Shs Float 13.29M Short Float 0.53% Short Ratio 2.31
Short Interest 52W High 4.00 52W Low 1.50
Beta 1.05 Avg Volume 55.46K Volume 41.34K
Target Price $3.50 Recom Hold Prev Close $3.09
Price $3.36 Change 8.74%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$3.50
Mean price target
2. Current target
$3.36
Latest analyst target
3. DCF / Fair value
$-2.84
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.36
Low
$3.50
High
$3.50
Mean
$3.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-10 main Canaccord Genuity Hold → Hold $4
2025-11-14 main Canaccord Genuity Hold → Hold $3
2025-05-16 main Canaccord Genuity Hold → Hold $3
2025-03-03 main Canaccord Genuity Hold → Hold $4
2024-08-20 main Canaccord Genuity Hold → Hold $4
2023-11-15 down Canaccord Genuity Buy → Hold $2
2023-05-25 reit Barrington Research Market Perform → Market Perform
2023-03-16 down Barrington Research Outperform → Market Perform
2022-05-10 up Barrington Research Market Perform → Outperform
2021-05-11 main Canaccord Genuity — → Buy $5
2021-03-17 down Barrington Research Outperform → Market Perform
2020-08-26 init Canaccord Genuity — → Buy $5
2019-11-12 down Barrington Research Outperform → Market Perform
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 3662 7507 Sale at price 2.05 per share. PERFIT RYAN MACNAB Chief Financial Officer 2025-09-09 00:00:00 D
1 1179118 590 Conversion of Exercise of derivative security at price 0.00 per share. CONLIN MATTHEW Officer, Director and Beneficial Owner 2025-06-24 00:00:00 D/I
2 1041123 521 Conversion of Exercise of derivative security at price 0.00 per share. SCHULKE RYAN Officer, Director and Beneficial Owner 2025-06-24 00:00:00 D/I
3 1041123 521 Conversion of Exercise of derivative security at price 0.00 per share. SCHULKE RYAN Officer, Director and Beneficial Owner 2025-06-24 00:00:00 D/I
4 30795 15 Conversion of Exercise of derivative security at price 0.00 per share. PATRICK DONALD HUNTLEY Chief Executive Officer 2025-06-24 00:00:00 D
5 39682 Stock Award(Grant) at price 0.00 per share. PFENNIGER RICHARD C JR Director 2025-06-18 00:00:00 D
6 39682 Stock Award(Grant) at price 0.00 per share. SHATTUCK KOHN BARBARA Z. Director 2025-06-18 00:00:00 D
7 39682 Stock Award(Grant) at price 0.00 per share. GRAFF DAVID ALLEN Director 2025-06-18 00:00:00 D
8 39682 Stock Award(Grant) at price 0.00 per share. MATHIS DONALD H Director 2025-06-18 00:00:00 D
9 39682 Stock Award(Grant) at price 0.00 per share. GEYGAN JAMES PHILIP Director and Beneficial Owner of more than 10% of a Class of Security 2025-06-18 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-379.90K-104.41K-1.87M-895.86K
TaxRateForCalcs0.060.000.010.27
NormalizedEBITDA-9.86M2.95M18.20M8.86M
TotalUnusualItems-6.55M-52.20M-124.57M-3.32M
TotalUnusualItemsExcludingGoodwill-6.55M-52.20M-124.57M-3.32M
NetIncomeFromContinuingOperationNetMinorityInterest-29.28M-63.22M-123.33M-10.06M
ReconciledDepreciation9.93M10.88M13.21M13.17M
ReconciledCostOfRevenue193.82M219.88M267.49M243.72M
EBITDA-16.41M-49.25M-106.38M5.54M
EBIT-26.34M-60.13M-119.59M-7.63M
NetInterestIncome-4.75M-3.20M-1.97M-2.18M
InterestExpense4.75M3.20M1.97M2.18M
NormalizedIncome-23.11M-11.12M-626.61K-7.64M
NetIncomeFromContinuingAndDiscontinuedOperation-29.28M-63.22M-123.33M-10.06M
TotalExpenses272.74M306.32M356.15M333.56M
TotalOperatingIncomeAsReported-23.66M-60.13M-119.59M-4.67M
DilutedAverageShares16.26M13.77M13.57M13.33M
BasicAverageShares16.26M13.77M13.57M13.33M
DilutedEPS-1.80-4.62-9.06-0.78
BasicEPS-1.80-4.62-9.06-0.78
DilutedNIAvailtoComStockholders-29.28M-63.22M-123.33M-10.06M
NetIncomeCommonStockholders-29.28M-63.22M-123.33M-10.06M
NetIncome-29.28M-63.22M-123.33M-10.06M
NetIncomeIncludingNoncontrollingInterests-29.28M-63.22M-123.33M-10.06M
NetIncomeContinuousOperations-29.28M-63.22M-123.33M-10.06M
TaxProvision-1.81M-116.00K1.78M246.00K
PretaxIncome-31.09M-63.33M-121.56M-9.81M
OtherIncomeExpense-8.22M-52.20M-124.57M-3.32M
OtherNonOperatingIncomeExpenses-1.67M
SpecialIncomeCharges-6.55M-52.20M-124.57M-3.32M
GainOnSaleOfPPE0.00-19.00K0.00
OtherSpecialCharges1.01M-6.30M11.10M2.96M
ImpairmentOfCapitalAssets2.24M55.41M111.25M354.00K
RestructuringAndMergernAcquisition3.30M3.10M2.20M
GainOnSaleOfSecurity-1.67M
NetNonOperatingInterestIncomeExpense-4.75M-3.20M-1.97M-2.18M
InterestExpenseNonOperating4.75M3.20M1.97M2.18M
OperatingIncome-18.12M-7.92M4.98M-4.31M
OperatingExpense78.92M86.44M88.66M89.84M
OtherOperatingExpenses3.10M2.60M2.40M
DepreciationAmortizationDepletionIncomeStatement9.93M10.88M13.21M13.17M
DepreciationAndAmortizationInIncomeStatement9.93M10.88M13.21M13.17M
ResearchAndDevelopment17.28M18.45M18.16M15.79M
SellingGeneralAndAdministration48.61M54.51M54.89M60.89M
SellingAndMarketingExpense1.22M1.78M2.12M12.68M
GeneralAndAdministrativeExpense47.40M52.73M52.77M48.20M
OtherGandA13.80M15.33M13.87M48.20M
SalariesAndWages33.60M37.40M38.90M
GrossProfit60.80M78.52M93.65M85.53M
CostOfRevenue193.82M219.88M267.49M243.72M
TotalRevenue254.62M298.40M361.13M329.25M
OperatingRevenue254.62M298.40M361.13M329.25M
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber768.60K768.59K716.69K681.97K
PreferredSharesNumber675.37K675.37K675.37K675.37K
OrdinarySharesNumber20.02M13.55M13.35M13.16M
ShareIssued20.79M14.32M14.06M13.84M
NetDebt26.14M14.68M15.05M10.86M
TotalDebt37.42M34.48M46.73M53.25M
TangibleBookValue3.16M6.33M10.10M12.57M
InvestedCapital60.53M64.89M134.55M258.74M
WorkingCapital1.27M29.19M42.00M49.26M
NetTangibleAssets3.16M6.33M10.10M12.57M
CapitalLeaseObligations1.84M4.00M6.13M7.92M
CommonStockEquity24.95M34.40M93.95M213.41M
TotalCapitalization28.93M59.89M129.55M253.74M
TotalEquityGrossMinorityInterest24.95M34.40M93.95M213.41M
StockholdersEquity24.95M34.40M93.95M213.41M
TreasuryStock11.41M11.41M11.17M10.72M
RetainedEarnings-410.80M-381.52M-318.30M-194.97M
AdditionalPaidInCapital447.11M427.29M423.38M419.06M
CapitalStock47.00K43.00K42.00K42.00K
CommonStock47.00K43.00K42.00K42.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest68.66M77.46M90.01M104.77M
TotalNonCurrentLiabilitiesNetMinorityInterest3.98M28.25M39.80M46.83M
OtherNonCurrentLiabilities1.00K1.06M458.00K811.00K
LongTermDebtAndCapitalLeaseObligation3.98M27.19M39.34M46.02M
LongTermCapitalLeaseObligation9.00K1.70M3.74M5.69M
LongTermDebt3.97M25.49M35.59M40.33M
CurrentLiabilities64.68M49.21M50.22M57.94M
CurrentDeferredLiabilities556.00K430.00K1.01M651.00K
CurrentDeferredRevenue556.00K430.00K1.01M651.00K
CurrentDebtAndCapitalLeaseObligation33.45M7.30M7.39M7.23M
CurrentCapitalLeaseObligation1.84M2.30M2.39M2.23M
CurrentDebt31.61M5.00M5.00M5.00M
OtherCurrentBorrowings31.61M5.00M5.00M5.00M
PayablesAndAccruedExpenses30.68M41.49M41.82M50.06M
CurrentAccruedExpenses21.91M30.53M35.63M33.93M
Payables8.78M10.95M6.19M16.13M
AccountsPayable8.78M10.95M6.19M16.13M
TotalAssets93.62M111.87M183.97M318.18M
TotalNonCurrentAssets27.66M33.46M91.75M210.98M
OtherNonCurrentAssets3.99M1.41M1.73M1.89M
GoodwillAndOtherIntangibleAssets21.80M28.07M83.86M200.84M
OtherIntangibleAssets21.80M26.81M28.75M35.75M
Goodwill0.001.26M55.11M165.09M
NetPPE1.87M3.99M6.17M8.26M
AccumulatedDepreciation-3.28M-3.05M-2.65M-2.25M
GrossPPE5.15M7.04M8.82M10.51M
Leases1.26M1.26M1.26M1.29M
OtherProperties2.44M4.27M6.08M7.68M
MachineryFurnitureEquipment1.45M1.50M1.48M1.54M
Properties0.000.000.000.00
CurrentAssets65.95M78.41M92.22M107.20M
OtherCurrentAssets8.73M6.07M3.51M2.50M
RestrictedCash1.25M0.00
PrepaidAssets2.50M
Receivables46.53M56.53M63.16M70.23M
AccountsReceivable46.53M56.53M63.16M70.23M
AllowanceForDoubtfulAccountsReceivable-487.00K-231.00K-544.00K-313.00K
GrossAccountsReceivable47.02M56.76M63.71M70.54M
CashCashEquivalentsAndShortTermInvestments9.44M15.80M25.55M34.47M
CashAndCashEquivalents9.44M15.80M25.55M34.47M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-20.32M2.27M-2.44M9.43M
RepurchaseOfCapitalStock0.00
RepaymentOfDebt-68.23M-10.00M-5.00M-47.50M
IssuanceOfDebt67.49M0.000.0049.62M
IssuanceOfCapitalStock5.75M0.000.00136.00K
CapitalExpenditure-6.21M-5.86M-4.40M-2.99M
InterestPaidSupplementalData3.55M2.98M1.76M1.72M
IncomeTaxPaidSupplementalData1.01M356.00K
EndCashPosition10.69M15.80M25.55M34.47M
BeginningCashPosition15.80M25.55M34.47M22.57M
ChangesInCash-5.11M-9.74M-8.92M11.90M
FinancingCashFlow15.21M-10.77M-5.45M2.47M
CashFlowFromContinuingFinancingActivities15.21M-10.77M-5.45M2.47M
NetOtherFinancingCharges-2.44M-768.00K-448.00K-724.00K
ProceedsFromStockOptionExercised12.63M0.000.00934.00K
NetCommonStockIssuance5.75M0.000.00136.00K
CommonStockPayments0.00
CommonStockIssuance5.75M0.000.00136.00K
NetIssuancePaymentsOfDebt-738.00K-10.00M-5.00M2.12M
NetLongTermDebtIssuance-738.00K-10.00M-5.00M2.12M
LongTermDebtPayments-68.23M-10.00M-5.00M-47.50M
LongTermDebtIssuance67.49M0.000.0049.62M
InvestingCashFlow-6.21M-7.11M-5.44M-2.99M
CashFlowFromContinuingInvestingActivities-6.21M-7.11M-5.44M-2.99M
NetBusinessPurchaseAndSale0.00-1.25M-1.04M0.00
PurchaseOfBusiness0.00-1.25M-1.04M0.00
NetPPEPurchaseAndSale-13.00K-25.00K-17.00K-36.00K
PurchaseOfPPE-13.00K-25.00K-17.00K-36.00K
CapitalExpenditureReported-6.20M-5.84M-4.38M-2.96M
OperatingCashFlow-14.10M8.14M1.96M12.42M
CashFlowFromContinuingOperatingActivities-14.10M8.14M1.96M12.42M
ChangeInWorkingCapital-2.89M914.00K-3.77M-1.30M
ChangeInOtherWorkingCapital-1.04M-2.03M-173.00K-1.06M
ChangeInOtherCurrentAssets-51.00K325.00K162.00K-326.00K
ChangeInPayablesAndAccruedExpense-8.06M-1.32M-9.46M7.80M
ChangeInAccruedExpense-5.88M-6.09M477.00K-636.00K
ChangeInPayable-2.18M4.76M-9.94M8.44M
ChangeInAccountPayable-2.18M4.76M-9.94M8.44M
ChangeInPrepaidAssets-3.21M-2.56M-917.00K-70.00K
ChangeInReceivables9.47M6.51M6.62M-7.65M
ChangesInAccountReceivables9.47M6.51M6.62M-7.65M
OtherNonCashItems2.79M426.00K265.00K3.02M
StockBasedCompensation1.97M3.76M4.09M4.76M
UnrealizedGainLossOnInvestmentSecurities1.67M0.00
ProvisionandWriteOffofAssets401.00K124.00K450.00K91.00K
AssetImpairmentCharge2.24M55.41M111.25M354.00K
DeferredTax-276.00K-145.00K-225.00K198.00K
DeferredIncomeTax-276.00K-145.00K-225.00K198.00K
DepreciationAmortizationDepletion9.93M10.88M13.21M13.17M
DepreciationAndAmortization9.93M10.88M13.21M13.17M
AmortizationCashFlow9.63M10.48M12.72M
AmortizationOfIntangibles9.63M10.48M12.72M
Depreciation300.00K398.00K491.00K
OperatingGainsLosses1.01M19.00K2.20M
GainLossOnSaleOfPPE0.0019.00K0.00
NetIncomeFromContinuingOperations-29.28M-63.22M-123.33M-10.06M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for FLNT
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