Switch theme
Sign up to access all valuation multiples
Fluent Inc is a data-driven digital marketing services company. It performs customer acquisition services by operating digital marketing campaigns, through which it connects its advertiser clients with consumers company is seeking to reach. It delivers data and performance-based marketing executions to its clients, such as consumer brands, direct marketers and agencies across a wide range of industries, including Financial Products & Services, Media & Entertainment, Health & Wellness, Staffing & Recruitment and Retail & Consumer.
2015
210
LTM Revenue $252M
LTM EBITDA -$3.9M
$59.8M
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Fluent has a last 12-month revenue (LTM) of $252M and a last 12-month EBITDA of -$3.9M.
In the most recent fiscal year, Fluent achieved revenue of $255M and an EBITDA of -$16.4M.
Fluent expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Fluent valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $252M | XXX | $255M | XXX | XXX | XXX |
| Gross Profit | $58.8M | XXX | $60.8M | XXX | XXX | XXX |
| Gross Margin | 23% | XXX | 24% | XXX | XXX | XXX |
| EBITDA | -$3.9M | XXX | -$16.4M | XXX | XXX | XXX |
| EBITDA Margin | -2% | XXX | -6% | XXX | XXX | XXX |
| EBIT | -$9.5M | XXX | -$18.1M | XXX | XXX | XXX |
| EBIT Margin | -4% | XXX | -7% | XXX | XXX | XXX |
| Net Profit | -$24.3M | XXX | -$29.3M | XXX | XXX | XXX |
| Net Margin | -10% | XXX | -11% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | $26.1M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of May 30, 2025, Fluent's stock price is $2.
Fluent has current market cap of $37.7M, and EV of $59.8M.
See Fluent trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $59.8M | $37.7M | XXX | XXX | XXX | XXX | $-0.94 |
Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more
Start Free TrialAs of May 30, 2025, Fluent has market cap of $37.7M and EV of $59.8M.
Fluent's trades at 0.2x EV/Revenue multiple, and -3.6x EV/EBITDA.
Equity research analysts estimate Fluent's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Fluent has a P/E ratio of -1.6x.
See valuation multiples for Fluent and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $37.7M | XXX | $37.7M | XXX | XXX | XXX |
| EV (current) | $59.8M | XXX | $59.8M | XXX | XXX | XXX |
| EV/Revenue | 0.2x | XXX | 0.2x | XXX | XXX | XXX |
| EV/EBITDA | -15.2x | XXX | -3.6x | XXX | XXX | XXX |
| EV/EBIT | -6.3x | XXX | -3.3x | XXX | XXX | XXX |
| EV/Gross Profit | 1.0x | XXX | n/a | XXX | XXX | XXX |
| P/E | -1.6x | XXX | -1.3x | XXX | XXX | XXX |
| EV/FCF | n/a | XXX | -2.9x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialFluent's last 12 month revenue growth is 3%
Fluent's revenue per employee in the last FY averaged $1.2M, while opex per employee averaged $0.4M for the same period.
Fluent's rule of 40 is -13% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Fluent's rule of X is 6% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Fluent and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 3% | XXX | 4% | XXX | XXX | XXX |
| EBITDA Margin | -2% | XXX | -6% | XXX | XXX | XXX |
| EBITDA Growth | -179% | XXX | n/a | XXX | XXX | XXX |
| Rule of 40 | -13% | XXX | -3% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 6% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $1.2M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.4M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | 0% | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | 7% | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 31% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Azerion Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Adveritas | XXX | XXX | XXX | XXX | XXX | XXX |
| Brightcom Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Affle 3i | XXX | XXX | XXX | XXX | XXX | XXX |
| Investor.bg | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Fluent acquired XXX companies to date.
Last acquisition by Fluent was XXXXXXXX, XXXXX XXXXX XXXXXX . Fluent acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Start Free Trial| When was Fluent founded? | Fluent was founded in 2015. |
| Where is Fluent headquartered? | Fluent is headquartered in United States of America. |
| How many employees does Fluent have? | As of today, Fluent has 210 employees. |
| Who is the CEO of Fluent? | Fluent's CEO is Mr. Donald Patrick. |
| Is Fluent publicy listed? | Yes, Fluent is a public company listed on NAS. |
| What is the stock symbol of Fluent? | Fluent trades under FLNT ticker. |
| When did Fluent go public? | Fluent went public in 2007. |
| Who are competitors of Fluent? | Similar companies to Fluent include e.g. Azerion Group, Adveritas, Brightcom Group, Affle 3i. |
| What is the current market cap of Fluent? | Fluent's current market cap is $37.7M |
| What is the current revenue of Fluent? | Fluent's last 12 months revenue is $252M. |
| What is the current revenue growth of Fluent? | Fluent revenue growth (NTM/LTM) is 3%. |
| What is the current EV/Revenue multiple of Fluent? | Current revenue multiple of Fluent is 0.2x. |
| Is Fluent profitable? | Yes, Fluent is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Fluent? | Fluent's last 12 months EBITDA is -$3.9M. |
| What is Fluent's EBITDA margin? | Fluent's last 12 months EBITDA margin is -2%. |
| What is the current EV/EBITDA multiple of Fluent? | Current EBITDA multiple of Fluent is -15.2x. |
Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.
