FLNT Q2 2023 Earnings — Fluent, Inc. Revenue & Financial Results | Market Cap Arena

FLNTFluent, Inc.

$65M

Q2 2023 Earnings

Communication Services Advertising Agencies

Income Statement

Revenue

$82M-16.5% YoY

Gross Profit

$23M27.5% margin

Operating Income

$7M8.2% margin

Net Income

$4M5.2% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

+6.3%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$4M

Stock-Based Comp.

$936,000

Balance Sheet

Total Assets

$155M

Total Liabilities

$87M

Stockholders' Equity

$68M

Cash & Equivalents

$21M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$82M	$98M	-16.5%
Gross Profit	$23M	$28M	-20.2%
Operating Income	$7M	-$51M	+113.1%
Net Income	$4M	-$57M	+107.5%

Revenue Segments

Fluent Segment

$202M98%

Other Segments

$4M2%