Reports Adjusted EBITDAS of $5.1 million, representing a 61% improvement from prior year CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- FLINT Corp. (“FLINT” or the "Company") (TSX: FLNT) today announced its results for the three months ended March 31, 2025. All amounts are in Canadian dollars and expressed in millions of dollars unless otherwise noted. “EBITDAS” and “Adjusted EBITDAS” are not standard measures under IFRS. Please refer to the Advisory regarding Non-GAAP Financial Measures at the end of t ...

NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Fluent, Inc. (NASDAQ: FLNT), a leading provider of commerce media solutions, and Rebuy Engine, a leading ecommerce personalization platform for Shopify brands, have announced a strategic partnership to launch Rebuy Ads powered by Fluent, a new product offering designed to help merchants further engage their customers while unlocking additional revenue at no cost. Unparalleled Scale and Insights Rebuy Engine is uniquely positioned to drive impact at scale, generatin ...

The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Fluent (FLNT) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question.Fluent is one of 271 companies in the Business Services group. T ...

NEW YORK, April 15, 2025 (GLOBE NEWSWIRE) -- Fluent, Inc. (NASDAQ:FLNT), a leading commerce media solutions company, today announced the release of its enhanced Fluent Identity Graph, designed to scale personalization and optimize results for advertisers, partners, and consumers across its suite of commerce media solutions. Fluent's identity graph is a key differentiator for the Company in a competitive market environment. Supported by 14 years of experience at the forefront of customer acquisition, Fluent' ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________ FORM 10-K __________________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-37893 FLUEN ...

NEW YORK, March 24, 2025 (GLOBE NEWSWIRE) -- Fluent, Inc. (NASDAQ: FLNT), a commerce media solutions company, today announced that it will issue unregistered pre-funded warrants to purchase up to 2,332,104 shares of its common stock at a purchase price of $2.174 in a private offering. The exercisability of the pre-funded warrants will be subject to stockholder approval, which the Company shall seek at its next annual meeting of stockholders. If such stockholder approval is obtained, the pre-funded warrants ...

Core Insights - FLINT Corp. reported record full-year revenues of CAD 710.6 million for 2024, marking an 8.4% increase from 2023, driven by an organic growth strategy and a successful turnaround season [3][7] - The company achieved an Adjusted EBITDAS of CAD 35.5 million, a 7.5% increase from the previous year, alongside a net income of CAD 1.3 million [4][7] Annual Highlights - Revenues for 2024 were CAD 710.6 million, up CAD 54.8 million or 8.4% from 2023, attributed to growth strategies and increased environmental services [7] - Gross profit for the year was CAD 74.9 million, an increase of CAD 7.4 million or 11.0% from 2023, with a gross profit margin of 10.5% compared to 10.3% in 2023 [7] - Selling, general and administrative (SG&A) expenses rose to CAD 41.1 million, a 15.1% increase from 2023, primarily due to higher personnel costs and professional fees [7] - Income from continuing operations was CAD 1.6 million, a significant increase of CAD 14.5 million or 112.6% from 2023, driven by improved gross profit margins [7] Fourth Quarter Highlights - For Q4 2024, revenues were CAD 187.2 million, a 25.0% increase from Q4 2023, reflecting high activity levels [11] - Gross profit for Q4 was CAD 20.2 million, up CAD 3.0 million or 17.7% from the same period in 2023, with a gross profit margin of 10.8% [11] - Adjusted EBITDAS for Q4 was CAD 10.6 million, a 19.0% increase from Q4 2023, with an Adjusted EBITDAS margin of 5.6% [11] - New contract awards and renewals in Q4 totaled approximately CAD 36.4 million [11] Liquidity and Capital Resources - As of December 31, 2024, liquidity, including cash and available credit facilities, was CAD 59.7 million, compared to CAD 56.7 million at the end of 2023 [7] - The company extended the maturity dates of its credit facilities, enhancing its liquidity position [10] Share Capital - As of December 31, 2024, FLINT had 110,001,239 Common Shares and 127,732 Series 1 Preferred Shares, with accrued and unpaid dividends totaling CAD 110.2 million [14][15]

Financial Data and Key Metrics Changes - Revenue for Q4 2024 was $65.4 million, a decrease of 10% from the prior year [25] - Adjusted EBITDA for Q4 2024 was negative $1.7 million, compared to positive $2.5 million in Q4 2023 [31] - Net loss for Q4 2024 was $3.4 million, compared to a net loss of $1.9 million in the prior year [33] - Full-year 2024 net loss was $29.3 million, an improvement from a net loss of $63.2 million in 2023 [34] Business Line Data and Key Metrics Changes - Commerce Media Solutions revenue increased 139% to $17.2 million in Q4 2024 compared to Q4 2023, and for the full year, it totaled $41.3 million, an increase of 284% over fiscal 2023 [26] - Owned and operated revenue decreased by 23% in Q4 2024 compared to the prior year, and a decrease of 29% for the full year [26] - Media margin in Q4 2024 was $16.5 million, representing 25.3% of revenue, down from 33.1% in the previous year [27] Market Data and Key Metrics Changes - Commerce Media Solutions accounted for 26% of consolidated revenue in Q4 2024, up from 16% in 2023 [19] - The commerce media industry is estimated to be valued at over $50 billion and expected to reach over $100 billion in the next five years [16] Company Strategy and Development Direction - The company is focused on shifting its business mix to commerce media solutions, which is seen as a significant growth opportunity [9] - The strategic plan includes investing in partnerships with major brands and enhancing the company's market position [10] - The company has discontinued the ACA portion of its call solutions business to focus on more strategically compelling areas [13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to return to year-over-year double-digit consolidated revenue growth and profit growth in 2025 [15] - The company anticipates strong year-over-year triple-digit revenue growth continuing throughout 2025 [8] - Management acknowledged challenges in Q4 due to increased media costs and a write-down related to ACA revenue [12][14] Other Important Information - The company ended Q4 2024 with $10.7 million in cash and cash equivalents [34] - Total debt as of December 31, 2024, was $31.9 million, an increase from $30.5 million at the end of 2023 [35] - The company has appointed Adrian Stack as the new Chief Product Officer to support its strategic goals [37] Q&A Session Summary Question: What is the pace of growth for Commerce Media Solutions going forward? - Management indicated that they expect to continue growing at a triple-digit rate in 2025, supported by a strong pipeline and competitive advantages [42][44] Question: Is there a portion of the owned and operated revenue that is more durable? - Management stated that while the owned and operated segment is not a growth engine, they aim to stabilize it while focusing on commerce media solutions [51][52] Question: Can you elaborate on the pipeline in the commerce media business? - Management confirmed that the pipeline is significant and growing, with potential transformative partnerships that could accelerate growth [74][76] Question: What is the conversion rate for customers? - Management noted that their consumers are over 25% more valuable compared to competitors, indicating a strong competitive advantage [85] Question: How do you see gross profit dollars from commerce media evolving? - Management expects the commerce media business to increase as a percentage of total revenue, although seasonality may impact Q1 and Q2 [96][98]

Fluent, Inc. (NASDAQ:FLNT) Q4 2024 Earnings Conference Call February 28, 2025 9:00 AM ET Company Participants Don Patrick - Chief Executive Officer Ryan Perfit - Chief Financial Officer Conference Call Participants Maria Ripps - Canaccord Patrick Sholl - Barrington Research Bill Dezellem - Tieton Capital Management Operator Good morning, and welcome. Thank you for joining us to discuss Fluent, Inc.'s fourth quarter and year-end 2024 earnings results. With me today are Fluent, Inc.'s Chief Executive Officer, ...

Fourth Quarter & Year End 2024 Earnings Results Friday, February 28, 2025 4Q24 Earnings Presentation | Nasdaq: FLNT Nasdaq: FLNT Forward-looking statements Forward-Looking Statements Safe Harbor Non-GAAP Financial Measures This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These forward-looking statements speak only as of the date hereof and are based on the Company's current plans and expectations. While we believe ...