MNTN, Inc. Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	272.81	225.57	176.3	134.19	99.31	52.12
Revenue Growth (YoY)	31.29%	27.95%	31.38%	35.13%	90.55%	-
Cost of Revenue	66.7	64.05	52.89	61.77	33.33	19.9
Gross Profit	206.1	161.52	123.41	72.42	65.97	32.22
Selling, General & Admin	147.13	127.87	128.26	137.06	71	23.56
Research & Development	42.96	32.66	27.87	15.97	5.72	3.41
Amortization of Goodwill & Intangibles	2.63	2.63	13.4	13.73	0.33	-
Operating Expenses	192.71	163.17	169.52	166.76	77.05	26.96
Operating Income	13.39	-1.65	-46.11	-94.35	-11.07	5.26
Interest Expense	-1.12	-6.92	-10.08	-1.45	-0.56	-2.06
Other Non Operating Income (Expenses)	-34.6	-2.85	-0.04	0.63	-12.3	0.73
EBT Excluding Unusual Items	-20.78	-11.42	-56.23	-95.16	-23.93	3.94
Merger & Restructuring Charges	-	-	-	-	-	-0.07
Legal Settlements	-	-	-	-0.89	-	-
Other Unusual Items	-18.92	-15.68	3.53	1.58	5.19	-
Pretax Income	-39.71	-27.09	-52.7	-94.47	-18.74	3.87
Income Tax Expense	5.22	5.79	0.58	-0	-6.57	0.19
Net Income	-44.92	-32.88	-53.28	-94.47	-12.17	3.69
Preferred Dividends & Other Adjustments	-	-	-	-	4.95	2.87
Net Income to Common	-44.92	-32.88	-53.28	-94.47	-17.11	0.82
Shares Outstanding (Basic)	36	14	13	13	11	10
Shares Outstanding (Diluted)	36	14	13	13	12	13
Shares Change (YoY)	164.35%	3.49%	2.76%	5.30%	-1.78%	-
EPS (Basic)	-1.25	-2.38	-3.99	-7.27	-1.60	0.08
EPS (Diluted)	-1.25	-2.38	-3.99	-7.27	-1.82	0.07
Free Cash Flow	53.9	42.55	17.97	-57.19	-1.1	6.15
Free Cash Flow Per Share	1.50	3.08	1.35	-4.40	-0.09	0.49
Gross Margin	75.55%	71.60%	70.00%	53.97%	66.44%	61.83%
Operating Margin	4.91%	-0.73%	-26.16%	-70.31%	-11.15%	10.10%
Profit Margin	-16.47%	-14.57%	-30.22%	-70.40%	-17.23%	1.57%
Free Cash Flow Margin	19.76%	18.86%	10.19%	-42.62%	-1.11%	11.80%
EBITDA	16.15	1	-32.66	-80.5	-10.68	5.46
EBITDA Margin	5.92%	0.44%	-18.53%	-59.99%	-10.75%	10.47%
D&A For EBITDA	2.76	2.65	13.45	13.84	0.4	0.2
EBIT	13.39	-1.65	-46.11	-94.35	-11.07	5.26
EBIT Margin	4.91%	-0.73%	-26.15%	-70.31%	-11.15%	10.10%
Effective Tax Rate	-	-	-	-	-	4.78%
Advertising Expenses	-	9.3	8.4	9.3	2.7	0.01

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q