Fluent Q2 FY26 operating loss narrows to USD 2.06 million; revenue falls 24.98% to USD 17.1 million

Reuters2026/08/21 22:00

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Fluent Q2 2026 revenue fell 24.99% to USD 17.1 million, led by a 33.33% drop in Florida revenue to USD 12.8 million.
Net loss widened to USD 11.14 million from USD 9.67 million a year earlier.
Gross profit before fair value adjustments fell 51.22% to USD 4.32 million, cutting margin by 13.6 percentage points to 25.2%.
Adjusted EBITDA (non-IFRS) slid 91.34% to USD 309,000, due to Florida price pressure and a lower fair value of biological assets.
Cash and cash equivalents ended at USD 4.5 million; management prioritized closing the Vireo transaction and further cost cuts in Florida.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fluent Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608211800PRIMZONEFULLFEED9814397) on August 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Fluent Q2 FY26 operating loss narrows to USD 2.06 million; revenue falls 24.98% to USD 17.1 million

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