NYSE : MNTN
MNTN, Inc. — Financial statements
Technology · Software - Application · United States
Last price 9.84 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 736.06M
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Financial statements
MNTN, Inc. (MNTN) reported revenue of 313.33M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 313.33M | 290.09M | 225.57M | 176.30M | 134.19M | 99.31M |
| Cost of Revenue | 60.05M | 66.15M | 64.05M | 52.89M | 61.77M | 33.33M |
| Gross Profit | 253.28M | 223.94M | 161.52M | 123.41M | 72.42M | 65.97M |
| Selling, General & Admin | 144.61M | 148.03M | 127.87M | 128.26M | 137.06M | 71.00M |
| Research & Development | 59.80M | 49.24M | 32.66M | 27.87M | 15.97M | 5.71M |
| Amortization of Goodwill & Intangibles | 2.63M | 2.63M | 2.63M | 13.40M | 13.73M | 332.00K |
| Operating Expenses | 207.04M | 199.90M | 163.17M | 169.52M | 166.76M | 77.05M |
| Operating Income | 46.24M | 24.04M | -1.65M | -46.11M | -94.34M | -11.07M |
| Interest Expense | -6.92M | -10.08M | -1.45M | -560.00K | ||
| Interest & Investment Income | 7.46M | 3.48M | ||||
| Other Non Operating Income (Expenses) | -7.69M | -17.09M | -18.52M | -42.00K | 631.00K | -12.30M |
| EBT Excluding Unusual Items | 46.01M | 10.44M | -27.09M | -56.23M | -95.16M | -23.93M |
| Merger & Restructuring Charges | -1.49M | |||||
| Legal Settlements | -890.00K | |||||
| Other Unusual Items | 9.92M | -26.44M | 3.53M | 1.58M | 5.19M | |
| Pretax Income | 54.44M | -16.00M | -27.09M | -52.70M | -94.47M | -18.74M |
| Income Tax Expense | -1.96M | -9.57M | 5.79M | 577.00K | -1.00K | -6.57M |
| Net Income | 56.40M | -6.43M | -32.88M | -53.28M | -94.47M | -12.16M |
| Preferred Dividends & Other Adjustments | 4.95M | |||||
| Net Income to Common | 56.40M | -6.43M | -32.88M | -53.28M | -94.47M | -17.11M |
| Shares Outstanding (Basic) | 74.03M | 50.90M | 13.81M | 13.35M | 12.99M | 10.67M |
| Shares Outstanding (Diluted) | 76.46M | 50.90M | 13.81M | 13.35M | 12.99M | 12.34M |
| EPS (Basic) | 0.76 | -0.13 | -2.38 | -3.99 | -7.27 | -1.60 |
| EPS (Diluted) | 0.74 | -0.13 | -2.38 | -3.99 | -7.27 | -1.82 |
| Free Cash Flow | 72.91M | 56.47M | 42.55M | 17.97M | -57.19M | -1.10M |
| Free Cash Flow Per Share | 0.95 | 1.11 | 3.08 | 1.35 | -4.40 | -0.09 |
| Gross Margin | 80.83% | 77.20% | 71.60% | 70.00% | 53.97% | 66.44% |
| Operating Margin | 14.76% | 8.29% | -0.73% | -26.16% | -70.31% | -11.15% |
| Profit Margin | 18.00% | -2.21% | -14.57% | -30.22% | -70.40% | -17.23% |
| Free Cash Flow Margin | 23.27% | 19.47% | 18.86% | 10.19% | -42.62% | -1.11% |
| EBITDA | 48.93M | 26.81M | 999.00K | -32.66M | -80.50M | -10.68M |
| EBITDA Margin | 15.62% | 9.24% | 0.44% | -18.53% | -59.99% | -10.75% |
| D&A For EBITDA | 2.69M | 2.77M | 2.65M | 13.45M | 13.84M | 396.00K |
| EBIT | 46.24M | 24.04M | -1.65M | -46.11M | -94.34M | -11.07M |
| EBIT Margin | 14.76% | 8.29% | -0.73% | -26.15% | -70.31% | -11.15% |
| Advertising Expenses | 20.30M | 9.30M | 8.40M | 9.30M | 2.70M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 237.28M | 210.16M | 82.56M | 54.97M | 50.91M | 97.03M |
| Cash & Short-Term Investments | 237.28M | 210.16M | 82.56M | 54.97M | 50.91M | 97.03M |
| Accounts Receivable | 59.98M | 61.84M | 66.90M | 50.21M | 49.53M | 40.91M |
| Other Receivables | 2.84M | 3.70M | 18.00K | 1.38M | 1.57M | |
| Receivables | 68.25M | 70.86M | 66.92M | 51.59M | 51.10M | 40.91M |
| Prepaid Expenses | 5.26M | 4.56M | 2.93M | 1.75M | 2.57M | 3.29M |
| Other Current Assets | 846.00K | 899.00K | 5.98M | 6.24M | 5.61M | 2.41M |
| Total Current Assets | 311.64M | 286.47M | 158.39M | 114.55M | 110.19M | 143.65M |
| Property, Plant & Equipment | 100.00K | 151.00K | 745.00K | 1.50M | ||
| Goodwill | 51.90M | 51.90M | 51.90M | 51.90M | 51.90M | 52.10M |
| Other Intangible Assets | 31.30M | 30.53M | 27.80M | 26.14M | 37.44M | 50.41M |
| Long-Term Deferred Tax Assets | 7.90M | 9.40M | 1.29M | |||
| Other Long-Term Assets | 550.00K | 2.05M | 3.12M | 187.00K | ||
| Total Assets | 402.74M | 378.30M | 238.74M | 194.80M | 203.40M | 249.14M |
| Accounts Payable | 53.82M | 59.54M | 63.56M | 49.94M | 31.83M | 40.26M |
| Accrued Expenses | 4.80M | 3.35M | 3.24M | 4.39M | 7.24M | 1.51M |
| Short-Term Debt | 50.25M | 49.33M | 52.77M | 46.47M | ||
| Current Portion of Leases | 783.00K | 1.36M | ||||
| Current Income Taxes Payable | 2.77M | 101.00K | 3.41M | 28.00K | 750.00K | 1.96M |
| Current Unearned Revenue | 2.69M | 5.49M | 8.97M | 3.75M | 5.03M | 3.02M |
| Other Current Liabilities | 45.00K | 39.00K | 25.82M | 9.31M | 11.08M | |
| Total Current Liabilities | 64.12M | 68.52M | 155.25M | 116.75M | 109.48M | 94.57M |
| Long-Term Leases | 783.00K | |||||
| Long-Term Deferred Tax Liabilities | 1.81M | |||||
| Other Long-Term Liabilities | 4.29M | 4.04M | 22.21M | 15.07M | 12.99M | 14.61M |
| Total Liabilities | 68.41M | 72.57M | 177.46M | 131.82M | 122.47M | 111.78M |
| Common Stock | 7.00K | 7.00K | 1.00K | 1.00K | 1.00K | 1.00K |
| Additional Paid-In Capital | 590.16M | 577.04M | 147.25M | 115.89M | 80.56M | 42.49M |
| Retained Earnings | -245.63M | -261.11M | -254.68M | -221.81M | -168.53M | -74.02M |
| Treasury Stock | -10.03M | -10.03M | ||||
| Comprehensive Income & Other | -185.00K | -181.00K | -173.00K | |||
| Total Common Equity | 334.33M | 305.74M | -107.60M | -105.91M | -87.97M | -31.53M |
| Shareholders' Equity | 334.33M | 305.74M | 61.29M | 62.98M | 80.92M | 137.36M |
| Total Liabilities & Equity | 402.74M | 378.30M | 238.74M | 194.80M | 203.40M | 249.14M |
| Total Debt | 50.25M | 49.33M | 53.55M | 48.62M | ||
| Net Cash (Debt) | 237.28M | 210.16M | 32.31M | 5.64M | -2.65M | 48.41M |
| Net Cash Per Share | 3.10 | 4.13 | 2.34 | 0.42 | -0.20 | 3.92 |
| Filing Date Shares Outstanding | 74.80M | 73.87M | 14.25M | 13.40M | 13.32M | 12.65M |
| Total Common Shares Outstanding | 74.21M | 73.86M | 14.25M | 13.40M | 13.32M | 12.65M |
| Working Capital | 247.52M | 217.95M | 3.15M | -2.20M | 705.00K | 49.08M |
| Book Value Per Share | 4.51 | 4.14 | -7.55 | -7.90 | -6.60 | -2.49 |
| Tangible Book Value | 251.13M | 223.31M | -187.30M | -183.96M | -177.31M | -134.04M |
| Tangible Book Value Per Share | 3.38 | 3.02 | -13.15 | -13.73 | -13.31 | -10.60 |
| Machinery | 1.06M | 832.00K | ||||
| Leasehold Improvements | 839.00K | 825.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 56.40M | -6.43M | -32.88M | -53.28M | -94.47M | -12.16M |
| Depreciation & Amortization | 2.69M | 2.77M | 2.65M | 13.45M | 13.84M | 396.00K |
| Other Amortization | 9.00M | 7.10M | 5.70M | 3.90M | 3.00M | 2.90M |
| Asset Writedown & Restructuring Costs | 540.00K | |||||
| Stock-Based Compensation | 22.64M | 31.69M | 31.20M | 34.82M | 34.19M | 19.36M |
| Provision & Write-off of Bad Debts | 2.19M | 1.87M | 2.20M | 2.99M | 1.04M | 1.12M |
| Other Operating Activities | -10.22M | 35.08M | 27.43M | 6.37M | -2.60M | -1.29M |
| Change in Accounts Receivable | -440.00K | 2.02M | -18.89M | -3.67M | -10.45M | -20.59M |
| Change in Accounts Payable | -12.30M | -4.02M | 13.62M | 20.47M | -5.66M | 18.10M |
| Change in Other Net Operating Assets | 2.96M | -13.61M | 11.52M | -7.08M | 4.16M | -9.47M |
| Operating Cash Flow | 72.91M | 56.47M | 42.55M | 17.97M | -56.95M | -1.10M |
| Capital Expenditures | -4.00K | -245.00K | -4.00K | |||
| Cash Acquisitions | -46.73M | 2.56M | ||||
| Sale (Purchase) of Intangibles | -13.31M | -12.50M | -9.95M | -5.98M | -3.83M | -3.92M |
| Other Investing Activities | 5.00M | -4.61M | ||||
| Investing Cash Flow | -8.31M | -17.11M | -9.95M | -52.71M | -4.07M | -1.36M |
| Short-Term Debt Issued | 2.50M | 71.10M | 32.81M | |||
| Long-Term Debt Issued | 2.00M | |||||
| Total Debt Issued | 2.50M | 71.10M | 32.81M | 2.00M | ||
| Short-Term Debt Repaid | -24.00M | -7.50M | -32.81M | -19.00M | ||
| Long-Term Debt Repaid | -11.60M | |||||
| Total Debt Repaid | -24.00M | -7.50M | -32.81M | -19.00M | -11.60M | |
| Net Debt Issued (Repaid) | -24.00M | -5.00M | 38.28M | 13.81M | -9.60M | |
| Issuance of Common Stock | 1.12M | 127.99M | 328.00K | 514.00K | 1.12M | 1.08M |
| Repurchase of Common Stock | -5.00K | -10.03M | -333.00K | -37.00K | -1.60M | |
| Other Financing Activities | -3.59M | -5.73M | -11.66M | |||
| Financing Cash Flow | -2.48M | 88.24M | -5.00M | 38.80M | 14.90M | 91.71M |
| Net Cash Flow | 62.12M | 127.60M | 27.59M | 4.06M | -46.12M | 89.25M |
| Free Cash Flow | 72.91M | 56.47M | 42.55M | 17.97M | -57.19M | -1.10M |
| Free Cash Flow Margin | 23.27% | 19.47% | 18.86% | 10.19% | -42.62% | -1.11% |
| Free Cash Flow Per Share | 0.95 | 1.11 | 3.08 | 1.35 | -4.40 | -0.09 |
| Levered Free Cash Flow | 42.26M | 7.13M | 45.57M | 22.25M | -16.39M | 13.11M |
| Unlevered Free Cash Flow | 42.26M | 7.13M | 49.90M | 28.54M | -15.48M | 13.16M |
| Cash Interest Paid | 3.14M | 178.00K | 891.00K | 52.00K | ||
| Cash Income Tax Paid | 118.00K | 2.72M | -1.12M | 155.00K | 3.29M | |
| Change in Working Capital | -9.79M | -15.62M | 6.25M | 9.73M | -11.95M | -11.96M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 699.41M | 874.29M | ||||
| Enterprise Value | 462.13M | 695.11M | ||||
| Last Close Price | 9.35 | 11.94 | ||||
| Forward PE | 9.52 | 15.84 | ||||
| PS Ratio | 2.23 | 3.01 | ||||
| PB Ratio | 2.08 | 2.86 | ||||
| P/TBV Ratio | 2.79 | 3.92 | ||||
| P/FCF Ratio | 9.59 | 15.48 | ||||
| P/OCF Ratio | 9.59 | 15.48 | ||||
| EV/Sales Ratio | 1.47 | 2.40 | ||||
| EV/EBITDA Ratio | 9.45 | 25.92 | ||||
| EV/EBIT Ratio | 9.99 | 28.91 | ||||
| EV/FCF Ratio | 6.34 | 12.31 | ||||
| Debt / Equity Ratio | 0.82 | 0.78 | 0.66 | 0.35 | ||
| Debt / EBITDA Ratio | 50.30 | |||||
| Debt / FCF Ratio | 1.18 | 2.75 | ||||
| Net Debt / Equity Ratio | -0.71 | -0.69 | -0.53 | -0.09 | 0.03 | -0.35 |
| Net Debt / EBITDA Ratio | -4.85 | -7.84 | -32.34 | 0.17 | -0.03 | 4.53 |
| Net Debt / FCF Ratio | -3.25 | -3.72 | -0.76 | -0.31 | -0.05 | 44.01 |
| Asset Turnover | 0.85 | 0.94 | 1.04 | 0.89 | 0.59 | 0.70 |
| Quick Ratio | 4.68 | 4.02 | 0.96 | 0.91 | 0.93 | 1.46 |
| Current Ratio | 4.86 | 4.18 | 1.02 | 0.98 | 1.01 | 1.52 |
| Return on Equity (ROE) | 19.68% | -3.50% | -52.91% | -74.05% | -86.56% | -19.10% |
| Return on Assets (ROA) | 7.81% | 4.87% | -0.47% | -14.47% | -26.06% | -4.89% |
| Return on Invested Capital (ROIC) | 45.83% | 38.61% | -3.81% | -65.45% | -109.38% | -21.05% |
| Return on Capital Employed (ROCE) | 13.70% | 7.80% | -2.00% | -59.10% | -100.50% | -7.20% |
| Earnings Yield | 7.90% | -0.73% | ||||
| FCF Yield | 10.42% | 6.46% | ||||
| Buyback Yield / Dilution | -265.49% | -268.51% | -3.49% | -2.76% | -5.30% | 1.78% |