Fluent, Inc. (FLNT)

Fluent Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	298.4	361.13	329.25	310.72	281.68
Revenue Growth (YoY)	-17.37%	9.68%	5.96%	10.31%	12.55%
Cost of Revenue	219.88	267.49	243.72	215.14	194.44
Gross Profit	78.52	93.65	85.53	95.58	87.25
Selling, General & Admin	53.91	70.59	60.89	58.48	59.61
Research & Development	18.45	18.16	15.79	12.6	8.06
Other Operating Expenses	66.28	124.49	13.52	16.12	14.37
Operating Expenses	138.65	213.24	90.2	87.21	82.03
Operating Income	-60.13	-119.59	-4.67	8.38	5.22
Interest Expense / Income	3.2	1.97	2.18	5.35	6.89
Other Expense / Income	-	-	2.96	-	-
Pretax Income	-63.33	-121.56	-9.81	3.03	-1.67
Income Tax	-0.12	1.78	0.25	0.82	0.07
Net Income	-63.22	-123.33	-10.06	2.21	-1.75
Shares Outstanding (Basic)	14	14	13	13	13
Shares Outstanding (Diluted)	14	14	13	13	13
Shares Change	1.49%	1.79%	0.57%	0.19%	3.48%
EPS (Basic)	-4.62	-9.06	-0.78	0.18	-0.12
EPS (Diluted)	-4.62	-9.06	-0.78	0.18	-0.12
Free Cash Flow	8.11	1.95	12.39	20.23	23.93
Free Cash Flow Per Share	0.59	0.14	0.93	1.54	1.81
Gross Margin	26.31%	25.93%	25.98%	30.76%	30.97%
Operating Margin	-20.15%	-33.12%	-1.42%	2.70%	1.85%
Profit Margin	-21.19%	-34.15%	-3.06%	0.71%	-0.62%
Free Cash Flow Margin	2.72%	0.54%	3.76%	6.51%	8.50%
Effective Tax Rate	-	-	-	27.14%	-
EBITDA	-49.25	-106.38	5.54	23.68	19.16
EBITDA Margin	-16.51%	-29.46%	1.68%	7.62%	6.80%
Depreciation & Amortization	10.88	13.21	13.17	15.3	13.94
EBIT	-60.13	-119.59	-7.63	8.38	5.22
EBIT Margin	-20.15%	-33.12%	-2.32%	2.70%	1.85%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).