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Fluent Inc
F:7TM

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Fluent Inc
F:7TM
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Price: 2.64 EUR Market Closed
Market Cap: €6m

Fluent Inc
Investor Relations

Fluent Inc. is a digital marketing company that helps advertisers find customers online. It uses data, online forms, and targeted campaigns to connect consumer brands with people who are interested in offers such as insurance, financial products, education, health, and home services. Fluent sits in the middle of the lead-generation chain: it does not usually sell the end product itself, but instead helps brands identify and route potential customers to them. The company makes money mainly by selling qualified leads and customer introductions to advertisers. In simple terms, businesses pay Fluent when it delivers consumer information or connects them with people who have shown interest in a specific offer. Fluent also earns from advertising-related services tied to these campaigns, including traffic acquisition and performance-based marketing work. What makes Fluent different is that its business depends on matching consumer intent with advertiser demand rather than on owning a physical product or a large retail network. Its value comes from knowing how to attract users online, capture their information, and deliver that traffic to clients in a format they can act on. That puts Fluent closer to a digital distributor of customer leads than a traditional media company or ad agency.

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Last Earnings Call
Fiscal Period
Q1 2026
Call Date
May 13, 2026
AI Summary
Q1 2026

Commerce Media surged: Commerce Media Solutions revenue rose to $25.9 million, up 104% year over year, and now makes up 58% of total revenue, up from 23% a year ago.

Overall revenue was softer: Total revenue was $44.9 million, down 19% year over year, but the decline was mostly due to the January divestiture of Call Solutions; excluding that, revenue was down 3%.

Margins still under pressure: Commerce Media gross margin was held down by remaining launch incentives, lower-margin adjacent solutions, and some newer partnerships still ramping.

Outlook unchanged: Management said Q2 revenue should be similar to Q1 with improving margins, and reiterated full-year expectations for double-digit growth on aggregate continuing businesses and improved adjusted EBITDA.

Strategic shift continues: The company is leaning harder into Commerce Media and using its owned-and-operated business as a data engine, while treating that legacy business’s pressure as structural rather than temporary.

New verticals added: Fluent added Wyndham and Squire, signaling expansion beyond retail into travel and marketplace-related verticals, with more wins expected later in the year.

Key Financials
Revenue
$44.9 million
Commerce Media Solutions revenue
$25.9 million
Commerce Media share of revenue
58%
Gross profit
$10 million
Gross margin
22% of revenue
Adjusted EBITDA
negative $3.6 million
Owned and operated revenue
$15.7 million
Media margin
$14 million
Commerce Media media margin
$7.7 million
Commerce Media gross profit
$5 million
Operating expense
$12.3 million
Interest expense
$605,000
Net loss
$5.4 million
Adjusted net loss
$5.9 million
Adjusted net loss per share
$0.19
Cash and cash equivalents
$10.3 million
Accounts receivable
$31.8 million
Operating cash flow
$5.1 million
Net debt
$23.5 million
Call Solutions divestiture impact
$10.9 million
Adjusted EBITDA impact from divestiture
$2.4 million
Annual revenue run rate for Commerce Media
$110 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Donald Huntley Patrick
Chief Executive Officer
No Bio Available
Mr. Ryan Schulke
Co-Founder, Chief Strategy Officer & Director
No Bio Available
Mr. Matthew Conlin
Co-Founder, Chief Customer Officer & Director
No Bio Available
Mr. Ryan Macnab Perfit
CFO and Principal Financial & Accounting Officer
No Bio Available
Mr. Dan Hall
Chief Technology Officer
No Bio Available
Mr. Daniel J. Barsky
General Counsel & Corporate Secretary
No Bio Available
Ms. Jessica Batty
Senior Vice President of Marketing
No Bio Available
Mr. Patrick Sweeney
Vice President of People
No Bio Available
Mr. Tim Lukens
President of Adflow
No Bio Available

Contacts

Address
NEW YORK
New York City
300 Vesey St Fl 9
Contacts
+16466697272.0
www.fluentco.com
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