SequelSEC

MNTN, Inc. MNTN

Services-Advertising · CIK 0001891027 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$290.09M
Fiscal year ended 2025-12-31
Operating income
$24.04M
Fiscal year ended 2025-12-31
Free cash flow
Unavailable
Fiscal year ended 2025-12-31

Valuation, from the filing

Public float$718.90MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float / revenue2.5×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity2.4×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

How this compares in its industry

Percentile among the Services-Advertising filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Current ratio4.18x94th
Operating margin8.3%93th
Revenue YoY growth28.6%86th
R&D / revenue17.0%75th
SBC / revenue10.9%69th
Gross margin77.2%67th
Net margin-2.2%57th

MNTN, Inc. (MNTN) reported revenue of $290.09M and net income of -$6.43M for the fiscal year ended 2025-12-31. This page shows 2 annual periods of income statement, balance sheet and cash flow figures normalized from MNTN, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Advertising.

Income

MNTN, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-31
Revenue$290.09M$225.57M
Cost of revenue$66.15M$64.05M
Gross profit$223.94M$161.52M
Operating income$24.04M-$1.65M
Net income-$6.43M-$32.88M
Research & development$49.24M$32.66M
Weighted-average diluted sharesshares 50.90Mshares 13.81M
Pretax income-$16.00M-$27.09M
Income tax expense-$9.57M$5.79M
Diluted EPS$-0.13$-2.38
Selling, general & administrative$148.03M$127.87M
General & administrative$57.66M$51.77M
Selling & marketing$90.37M$76.10M

Balance

MNTN, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-31
Cash & equivalents$210.16M$82.56M
Total assets$378.30M$238.74M
Current assets$286.47M$158.39M
Total liabilities$72.57M$177.46M
Current liabilities$68.52M$155.25M
Total equity incl. NCI$305.74M-$107.60M
Temporary (mezzanine) equity$0$168.89M
InventoryUnavailableUnavailable
Accounts receivable$61.84M$66.90M
Goodwill$51.90M$51.90M
Long-term debtUnavailableUnavailable
Accounts payableUnavailableUnavailable

Cash flow

MNTN, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-31
Operating cash flow$56.47M$42.55M
Capital expendituresUnavailableUnavailable
Investing cash flow-$17.11M-$9.95M
Financing cash flow$88.24M-$5.00M
Net change in cash$127.60M$27.59M
Stock-based compensation$31.69M$31.20M
Common dividends paidUnavailableUnavailable
Common share repurchases$10.02M$333.00K
Depreciation & amortization$9.87M$8.34M

Derived

MNTN, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-31
Free cash flowUnavailableUnavailable
Gross margin77.2%71.6%
Operating margin8.3%-0.7%
FCF marginUnavailableUnavailable
SBC / revenue10.9%13.8%
Current ratio4.18x1.02x
Revenue YoY growth28.6%Unavailable
Net margin-2.2%-14.6%
R&D / revenue17.0%14.5%
CapEx / revenueUnavailableUnavailable
Long-term debt / equityUnavailableUnavailable
Effective tax rateUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open MNTN in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-10View SEC filing
10-Q · Filed 2026-05-11View SEC filing
10-K · Filed 2026-02-19View SEC filing
10-Q · Filed 2025-11-10View SEC filing
10-Q · Filed 2025-08-11View SEC filing

Companies in the same industry

ADMQ ANGI CCO DRCT FLNT IBTA INUV IZEA MOBQ NAPD NCMI ONAR

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.