Fluent(US:FLNT) Globenewswire·2025-11-13 21:05Core Insights - Fluent, Inc. reported strong growth in its Commerce Media Solutions business, which accounted for 40% of total revenue in Q3 2025, up from 16% in Q3 2024 [2][5] - The annual revenue run rate for Commerce Media Solutions now exceeds $85 million, with a gross margin of 22%, reflecting a sequential improvement of approximately 400 basis points compared to Q2 2025 [2][5] - The company expects to achieve adjusted EBITDA profitability in Q4 2025 and full-year double-digit revenue growth and adjusted EBITDA profitability in 2026 [4][10] Financial Performance - Q3 2025 revenue was $47.0 million, a decrease of 27% compared to $64.5 million in Q3 2024 [6][20] - Commerce Media Solutions revenue grew 81% to $18.8 million, compared to $10.4 million in Q3 2024 [5][6] - The net loss for Q3 2025 was $7.6 million, or $0.27 per share, compared to a net loss of $7.9 million, or $0.48 per share, for Q3 2024 [6][7] Year-to-Date Performance - Year-to-date revenue for 2025 was $146.9 million, a decrease of 22% compared to $189.2 million in YTD 2024 [8] - Owned and Operated revenue decreased 44% to $73.2 million compared to $130.2 million in YTD 2024 [8] - Commerce Media Solutions revenue increased 98% to $47.5 million compared to $24.0 million in YTD 2024 [8] Business Outlook - The company aims to accelerate the growth of its Commerce Media Solutions business and establish it as a leader in the performance marketing sector [9] - Fluent plans to leverage its 14-year leadership position in customer acquisition and its robust database of first-party user data to differentiate itself in the commerce media space [9] - The company expects to return Commerce Media Solutions gross margin to the high twenties by leveraging AI capabilities and proprietary first-party data [9]