MNTN, Inc. Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	290.09	225.57	176.3	134.19	99.31
Revenue Growth (YoY)	28.60%	27.95%	31.38%	35.13%	90.55%
Cost of Revenue	66.15	64.05	52.89	61.77	33.33
Gross Profit	223.94	161.52	123.41	72.42	65.97
Selling, General & Admin	148.03	127.87	128.26	137.06	71
Research & Development	49.24	32.66	27.87	15.97	5.72
Amortization of Goodwill & Intangibles	2.63	2.63	13.4	13.73	0.33
Operating Expenses	199.9	163.17	169.52	166.76	77.05
Operating Income	24.04	-1.65	-46.11	-94.35	-11.07
Interest Expense	-	-6.92	-10.08	-1.45	-0.56
Interest & Investment Income	3.49	-	-	-	-
Other Non Operating Income (Expenses)	-43.53	-2.85	-0.04	0.63	-12.3
EBT Excluding Unusual Items	-16	-11.42	-56.23	-95.16	-23.93
Legal Settlements	-	-	-	-0.89	-
Other Unusual Items	-	-15.68	3.53	1.58	5.19
Pretax Income	-16	-27.09	-52.7	-94.47	-18.74
Income Tax Expense	-9.57	5.79	0.58	-0	-6.57
Net Income	-6.43	-32.88	-53.28	-94.47	-12.17
Preferred Dividends & Other Adjustments	-	-	-	-	4.95
Net Income to Common	-6.43	-32.88	-53.28	-94.47	-17.11
Shares Outstanding (Basic)	51	14	13	13	11
Shares Outstanding (Diluted)	51	14	13	13	12
Shares Change (YoY)	268.51%	3.49%	2.76%	5.30%	-1.78%
EPS (Basic)	-0.13	-2.38	-3.99	-7.27	-1.60
EPS (Diluted)	-0.13	-2.38	-3.99	-7.27	-1.82
Free Cash Flow	56.47	42.55	17.97	-57.19	-1.1
Free Cash Flow Per Share	1.11	3.08	1.35	-4.40	-0.09
Gross Margin	77.20%	71.60%	70.00%	53.97%	66.44%
Operating Margin	8.29%	-0.73%	-26.16%	-70.31%	-11.15%
Profit Margin	-2.21%	-14.57%	-30.22%	-70.40%	-17.23%
Free Cash Flow Margin	19.47%	18.86%	10.19%	-42.62%	-1.11%
EBITDA	33.91	1	-32.66	-80.5	-10.68
EBITDA Margin	11.69%	0.44%	-18.53%	-59.99%	-10.75%
D&A For EBITDA	9.87	2.65	13.45	13.84	0.4
EBIT	24.04	-1.65	-46.11	-94.35	-11.07
EBIT Margin	8.29%	-0.73%	-26.15%	-70.31%	-11.15%
Advertising Expenses	-	9.3	8.4	9.3	2.7

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q