MNTN, Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	259.91	225.57	176.3	134.19	99.31	52.12
Revenue Growth (YoY)	47.42%	27.95%	31.38%	35.13%	90.55%	-
Cost of Revenue	68.1	64.05	52.89	61.77	33.33	19.9
Gross Profit	191.82	161.52	123.41	72.42	65.97	32.22
Selling, General & Admin	145.55	127.87	128.26	137.06	71	23.56
Research & Development	37.4	32.66	27.87	15.97	5.72	3.41
Operating Expenses	185.58	163.17	169.52	166.76	77.05	26.96
Operating Income	6.24	-1.65	-46.11	-94.35	-11.07	5.26
Interest Expense	-2.66	-6.92	-10.08	-1.45	-0.56	-2.06
Other Non Operating Income (Expenses)	-39.82	-2.85	-0.04	0.63	-12.3	0.73
EBT Excluding Unusual Items	-36.24	-11.42	-56.23	-95.16	-23.93	3.94
Merger & Restructuring Charges	-	-	-	-	-	-0.07
Legal Settlements	-	-	-	-0.89	-	-
Other Unusual Items	-15.68	-15.68	3.53	1.58	5.19	-
Pretax Income	-51.91	-27.09	-52.7	-94.47	-18.74	3.87
Income Tax Expense	3.33	5.79	0.58	-0	-6.57	0.19
Net Income	-55.24	-32.88	-53.28	-94.47	-12.17	3.69
Preferred Dividends & Other Adjustments	-	-	-	-	4.95	2.87
Net Income to Common	-55.24	-32.88	-53.28	-94.47	-17.11	0.82
Shares Outstanding (Basic)	21	14	13	13	11	10
Shares Outstanding (Diluted)	21	14	13	13	12	13
Shares Change (YoY)	56.73%	3.49%	2.76%	5.30%	-1.78%	-
EPS (Basic)	-2.64	-2.38	-3.99	-7.27	-1.60	0.08
EPS (Diluted)	-2.64	-2.38	-3.99	-7.27	-1.82	0.07
Free Cash Flow	57.16	42.55	17.97	-57.19	-1.1	6.15
Free Cash Flow Per Share	2.73	3.08	1.35	-4.40	-0.09	0.49
Gross Margin	73.80%	71.60%	70.00%	53.97%	66.44%	61.83%
Operating Margin	2.40%	-0.73%	-26.16%	-70.31%	-11.15%	10.10%
Profit Margin	-21.25%	-14.57%	-30.22%	-70.40%	-17.23%	1.57%
Free Cash Flow Margin	21.99%	18.86%	10.19%	-42.62%	-1.11%	11.80%
EBITDA	9.91	1	-32.66	-80.5	-10.68	5.46
EBITDA Margin	3.81%	0.44%	-18.53%	-59.99%	-10.75%	10.47%
D&A For EBITDA	3.67	2.65	13.45	13.84	0.4	0.2
EBIT	6.24	-1.65	-46.11	-94.35	-11.07	5.26
EBIT Margin	2.40%	-0.73%	-26.15%	-70.31%	-11.15%	10.10%
Effective Tax Rate	-	-	-	-	-	4.78%
Advertising Expenses	-	9.3	8.4	9.3	2.7	0.01

Updated Apr 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q