Company Overview - Fluent, Inc is a leading digital performance marketplace that delivers measurable results to advertiser clients[4] - The company has over 500 clients across multiple industries in 2019[4] - Fluent has approximately 190 employees and 4 offices[4] - The company acquires around 900,000 daily consumer registrations, with approximately 90% being mobile users[4] Financial Performance - The company's revenue for 2016 was $182.6 million, which increased to $250.3 million in 2017, $280.8 million in 2018, and an estimated $281.8 million in 2019[10] - Media Margin for 2016 was $52.2 million, increasing to $68.9 million in 2017, $92.2 million in 2018, and an estimated $94.0 million in 2019[12] - Adjusted EBITDA for 2017 was $32.5 million and increased to $44.1 million in 2018[14] - The Media Margin as a percentage of revenue was 32.5% in 2016, 36.8% in 2018, and an estimated 33.5% in 2019[22] - Adjusted EBITDA as a percentage of revenue was 15.4% in 2017 and 17.6% in 2018[28] Balance Sheet - As of September 30, 2019, the company had $24.2 million in cash and $38.0 million in other current assets[16] - Goodwill & Intangibles were valued at $223.3 million[16] - Total assets amounted to $310.7 million, which equals the total liabilities and shareholders' equity[16]
Fluent (FLNT) Presents At 22nd Annual Needham Growth Conference - Slideshow