Fluent Corp. Financial Ratios — FNT.U Stock

Profitability (USD)

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	-115.06	-97.44	-42.12	-83.05	-125.88	- -	- -
Return on Assets (%)	- -	-42.49	-22.77	-11.3	-20.76	-12.79	-20.99	-40.78
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	35.58	63.33	57.03	54.69	42.15	48.86	55.55	32.38
EBITDA Margin (%)	-218.98	-77.12	-0.61	14.01	19.71	25.02	21.52	2.96
Operating Margin (%)	-251.22	-108.24	-16.06	-0.98	3.17	9.57	4.36	-17.57
Incremental Operating Margin (%)	- -	- -	94	59.56	15.4	67.98	55.55	2,708.68
Pretax Margin (%)	-13.08	-172.09	-58.03	-17.36	-30.53	-9.41	-41.06	-78.41
Profit Margin (%)	-4.06	-229.15	-69.9	-29.1	-42.68	-23.38	-46.22	-83.63
Net Income to Common Margin (%)	-4.06	-229.15	-69.9	-29.1	-42.68	-23.38	-46.22	-83.63
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	-33.69	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	-115.06	-97.44	-42.12	-83.05	-125.88	- -	- -

Credit (USD)

Credit Ratios API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	53	64	74	78	94	102	132	140
ST Debt	44	11	40	3	3	3	6	7
LT Debt	9	53	34	75	91	98	127	133
Total Debt/EBITDA	-3.02	-2.91	-234.18	8.5	5.42	4.17	7.05	54.53
Net Debt/EBITDA	-2.9	-1.75	-152.12	4.94	2.86	2.09	1.91	24.95
Total Debt/EBIT	-2.63	-2.07	-8.85	-121.13	24.32	10.96	34.77	-7.49
Net Debt/EBIT	-2.53	-1.25	-5.75	-70.4	12.8	5.49	9.42	-3.43
EBITDA to Interest Expense	-4.65	-1.48	-0.02	0.69	1.07	1.35	0.96	0.13
EBITDA-CapEx/Interest Expense	-7.22	-2.44	-0.4	-0.92	0.65	1	0.07	-0.58
EBIT to Interest Expense	-5.34	-2.08	-0.6	-0.05	0.17	0.52	0.19	-0.74
Interest Expense	4	15	14	13	16	18	20	20
Common Equity/Total Assets	47.15	28.33	18.01	34.29	15.48	4.83	-4.34	-54.49
Long-Term Debt/Equity (%)	14.39	112.12	122.14	119.5	329.79	1,146.55	- -	- -
Long-Term Debt/Capital (%)	7.94	47.57	33.23	53.23	74.92	89.4	102.81	226.03
Long-Term Debt/Total Assets (%)	6.73	31.66	22	40.98	51.05	55.36	61.35	89.6
Total Debt/Equity (%)	81.11	135.67	267.58	124.48	340.19	1,182.48	-1,475.06	-172.75
Total Debt/Capital (%)	44.79	57.57	72.79	55.45	77.28	92.2	107.27	237.45
Total Debt/Total Assets (%)	37.94	38.31	48.19	42.69	52.66	57.09	64.01	94.13
Net Debt to Equity	78.03	81.74	173.81	72.35	179.07	592.67	-399.76	-79.05
Net Debt/Capital (%)	43.83	35.49	48.91	34.44	43.69	51.1	43.05	117.44
EBITDA	-18	-22	- -	9	17	24	19	3
EBITDA-CapEx	-27	-36	-6	-12	10	18	1	-12
Operating Income (Loss)	-20	-31	-8	-1	3	9	4	-15

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.03	0.06	0.05	0.39	0.22	0.21	0.56	0.05
Current Ratio	0.12	0.57	0.17	1	0.51	0.45	0.86	0.34
Quick Ratio	0.03	0.16	0.05	0.39	0.22	0.22	0.57	0.06
CFO/Avg Current Liab	- -	-0.42	0.12	-0.11	0.62	0.42	0.03	-0.01
Common Equity/Total Assets	47.15	28.33	18.01	34.29	15.48	4.83	-4.34	-54.49
Long-Term Debt/Equity (%)	14.39	112.12	122.14	119.5	329.79	1,146.55	- -	- -
Long-Term Debt/Capital (%)	7.94	47.57	33.23	53.23	74.92	89.4	102.81	226.03
Long-Term Debt/Total Assets (%)	6.73	31.66	22	40.98	51.05	55.36	61.35	89.6
Total Debt/Equity (%)	81.11	135.67	267.58	124.48	340.19	1,182.48	-1,475.06	-172.75
Total Debt/Capital (%)	44.79	57.57	72.79	55.45	77.28	92.2	107.27	237.45
Total Debt/Total Assets (%)	37.94	38.31	48.19	42.69	52.66	57.09	64.01	94.13
CFO/Total Liabilities	-16.08	-18.92	5.26	-4.19	12.67	10.91	0.82	-0.26
CFO/CapEx	-1.23	-1.6	1.28	-0.24	2.8	2.91	0.1	-0.04
Altman's Z-Score	- -	-3.58	-3.58	-1.01	-2.29	-2.44	-1.51	-4.26

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	276.81	358.82	752.15	3,247.85	800.74	274.39	137.49
Days Sales Outstanding	- -	1.32	1.02	0.49	0.11	0.46	1.33	2.65
Inventory Turnover	- -	1.31	2.58	3.09	4.56	5.09	2.79	3.47
Days Inventory Outstanding	- -	278.24	141.65	118.17	80.03	71.68	131.02	105.23
Accounts Payable Turnover	- -	2.45	2.98	5.25	6.27	7.93	8.03	8.41
Accounts Payable Turnover Days	- -	149.17	122.46	69.47	58.23	46.05	45.47	43.42
Cash Conversion Cycle	- -	130.39	20.21	49.18	21.92	26.09	86.89	64.47
Inventory to Cash Days	- -	-276.93	-140.63	-117.68	-79.92	-71.23	-129.69	-102.58
Inventories	5	11	7	12	10	10	18	15
Raw Materials	- -	1	1	2	3	5	3	2
Work In Process	1	4	2	4	2	2	8	7
Finished Goods	2	2	2	2	4	2	5	5
Other Inventory	3	4	4	3	1	- -	3	3

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	85	143	169	32	27	44	32
- Cash & Cash Equivalents	2	3	3	9	8	11	40	4
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	-1	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	53	64	74	78	94	102	132	140
Enterprise Value	- -	146	214	237	117	118	136	167
Total Capital	119	111	102	140	121	110	124	59
Total Debt/Capital (%)	44.79	57.57	72.79	55.45	77.28	92.2	107.27	237.45
Total Debt / EV	- -	0.44	0.35	0.33	0.8	0.86	0.97	0.84
EV/Sales	- -	5.14	4.08	3.63	1.34	1.21	1.56	1.93
EV/EBITDA	- -	- -	- -	25.9	6.78	4.85	7.24	65.24
EV/EBIT	- -	- -	- -	- -	30.4	12.73	35.73	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	98	199	182	37	31	22	33
Diluted Enterprise Value	- -	160	270	250	122	122	115	169
EV per Share	- -	0.76	1.14	0.93	0.44	0.39	0.22	0.26
TTM Sales	8	29	52	65	88	97	87	87
TTM EBITDA	-18	-22	- -	9	17	24	19	3
TTM Operating Income	-20	-31	-8	-1	3	9	4	-15
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -

Multiples (USD)

Valuation Multiples API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	-2.67	135.16	-6.88	3.02	2.59	-1.42	-2.23
EV/EBIT	- -	- -	- -	- -	30.4	12.73	35.73	- -
Enterprise Value	- -	146	214	237	117	118	136	167
Low Price	- -	0.34	0.08	0.5	0.11	0.06	0.07	0.04
EV/Sales	- -	5.14	4.08	3.63	1.34	1.21	1.56	1.93
EV/EBITDA	- -	- -	- -	25.9	6.78	4.85	7.24	65.24
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	1.8	5.13	2.7	1.15	3.14	-4.87	-0.39
Price/Book Value Average	- -	4.56	2.26	3.35	2.7	3.33	-10.35	-0.46
Price/Book Value High	- -	8.99	5.2	5.31	6.63	6.11	-19.5	-0.75
Price/Book Value Low	- -	1.37	0.51	2.04	1.06	2.09	-4.53	-0.28
Price/Tangible Book Value	- -	-1.61	-2.02	-4.85	-0.47	-0.31	-0.91	-0.28
Price/Tangible Book Value Average	- -	-4.09	-0.89	-6.02	-1.09	-0.33	-1.93	-0.32
Price/Tangible Book Value High	- -	-8.07	-2.05	-9.55	-2.68	-0.61	-3.64	-0.52
Price/Tangible Book Value Low	- -	-1.23	-0.2	-3.67	-0.43	-0.21	-0.85	-0.19
Price/Sales	- -	2.86	2.89	2.31	0.35	0.27	0.24	0.32
Price/Sales Average	- -	7.27	1.27	2.86	0.81	0.29	0.52	0.37
Price/Sales High	- -	14.32	2.92	4.54	1.99	0.53	0.98	0.6
Price/Sales Low	- -	2.18	0.28	1.75	0.32	0.18	0.23	0.22
Price/Cash Flow	- -	-3.6	22.69	-30.02	1.59	1.43	12.06	-46.58
Price/Cash Flow Average	- -	-9.13	10.01	-37.27	3.72	1.51	25.61	-53.9
Price/Cash Flow High	- -	-18	22.99	-59.14	9.14	2.77	48.22	-88.5
Price/Cash Flow Low	- -	-2.74	2.24	-22.74	1.46	0.95	11.19	-32.61
Price/Free Cash Flow Average	- -	-6.77	59.62	-8.54	7.06	2.75	-3.02	-2.58
Price/Free Cash Flow High	- -	-13.34	136.94	-13.55	17.35	5.04	-5.68	-4.23
Price/Free Cash Flow Low	- -	-2.03	13.34	-5.21	2.77	1.73	-1.32	-1.56
EV/Sales Average	- -	9.73	2.56	4.25	1.82	1.23	2.12	1.99
EV/Sales High	- -	17.08	4.11	6.13	3.06	1.47	3.06	2.26
EV/Sales Low	- -	4.42	1.62	3	1.31	1.12	1.52	1.82
EV/EBITDA Average	- -	- -	- -	30.34	9.25	4.91	9.86	67.19
EV/EBITDA High	- -	- -	- -	43.74	15.52	5.89	14.22	76.43
EV/EBITDA Low	- -	- -	- -	21.43	6.63	4.48	7.07	61.51
EV/EBIT Average	- -	- -	- -	- -	41.46	12.91	48.64	- -
EV/EBIT High	- -	- -	- -	- -	69.58	15.48	70.19	- -
EV/EBIT Low	- -	- -	- -	- -	29.71	11.76	34.91	- -
Last Price	- -	0.44	0.76	0.66	0.12	0.09	0.07	0.05
High Price	- -	2.2	0.77	1.3	0.69	0.18	0.28	0.1
Enterprise Value Average	- -	277	134	278	160	120	185	172
Enterprise Value High	- -	487	216	401	268	143	267	196
Enterprise Value Low	- -	126	85	196	115	109	133	158

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	76	193	188	256	265	300	625	638
Diluted Weighted Avg Shares	76	223	262	275	308	349	319	667
Basic Weighted Avg Shares	76	186	199	229	253	293	306	548
Revenue per Share	0.11	0.15	0.26	0.29	0.35	0.33	0.29	0.16
EBITDA per Share	-0.23	-0.12	- -	0.04	0.07	0.08	0.06	- -
Operating Income per Share	-0.27	-0.17	-0.04	- -	0.01	0.03	0.01	-0.03
Basic EPS, GAAP	- -	-0.35	-0.18	-0.08	-0.15	-0.08	-0.13	-0.13
Basic EPS from Cont Ops	-0.01	-0.29	-0.18	-0.08	-0.15	-0.08	-0.14	-0.16
Diluted EPS, GAAP	- -	-0.29	-0.14	-0.07	-0.12	-0.07	-0.13	-0.11
Diluted EPS from Cont Ops	-0.01	-0.24	-0.14	-0.07	-0.12	-0.07	-0.13	-0.13
Dividend per Share	0.01	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	-0.16	-0.12	0.03	-0.02	0.08	0.06	0.01	- -
Free Cash Flow per Basic Share	-0.29	-0.2	0.01	-0.12	0.05	0.04	-0.05	-0.03
Cash & Equivalents per Share	0.03	0.01	0.02	0.04	0.03	0.04	0.06	0.01
Book Value per Share	0.88	0.24	0.15	0.24	0.1	0.03	-0.01	-0.13
Tangible Book Value per Share	-0.62	-0.27	-0.38	-0.14	-0.26	-0.29	-0.08	-0.18