Fluent Corp (CSE: FNT.U | OTCQB: CNTMF) Q1 2025 Earnings Call | Revenue Up | 5/30/2025
AI Summary
Financial Overview
The company reported revenue of $26.8 million for Q1 2025, reflecting a 5.9% increase from the previous year, despite facing price compression and market saturation in Florida.
The adjusted EBITDA was $3.5 million, impacted by continued investments in New York and a declining Florida market.
Cash reserves improved to $30.7 million, up from $8.5 million last year, indicating strong financial flexibility for growth and acquisitions.
Operational Highlights
Completion of the Rosa Cultivation Facility in Tampa, with plans for first harvest in August 2025.
Relocated a poorly performing North Miami Beach dispensary to Aventura, enhancing operational capacity and patient experience.
Introduced two new wholeflower brands (Knack and BGO) and launched a 10 mg THC chocolate bite, adapting to market demands.
The Chester Town facility in New York has improved operational efficiency, cutting $400,000 in OPEX while nearly doubling production quality.
Growth Strategies
Plans to expand the Texas market are contingent on favorable regulations; construction for the Houston Education and Pickup Center is set to finish by Q3 2025.
Monitoring developments for adult-use legislation in Pennsylvania to capitalize on growth opportunities.
The company aims to maintain a resilient stance amidst macroeconomic uncertainties, focusing on cost management and market adaptability.
About this video
Fluent Corp (CSE: FNT.U | OTCQB: CNTMF) reported Q1 2025 results on May 29, 2025, posting revenue of $26.7 million—a 5.9% increase year-over-year—despite ongoing price compression and increased market saturation in Florida. Adjusted EBITDA declined to $3.5 million, reflecting softness in the Florida market and continued investment in New York operations. The company ended the quarter with a strengthened cash position of $30.7 million, up from $8.5 million a year ago, providing flexibility to support near-term priorities and long-term growth. Operational highlights included the near-completion of the Buffalo cultivation facility and the rollout of new cannabis brands KNACK and Bag-O. In Florida, Fluent completed construction of the Roza facility and launched new products, expanding production capacity ahead of the next planned harvest. However, Florida revenue declined to $19.2 million from $21.1 million last year, and overall gross margin before fair value adjustments slipped to 46.8%. The company continues to navigate macroeconomic and regulatory uncertainties but remains focused on disciplined execution, cost management, and strengthening its core markets. About Inside Ticker: For more expert analysis and real-time updates on Fluent Corp (CSE: FNT.U | OTCQB: CNTMF) and other market movers, follow Inside Ticker and visit InsideTicker.com for in-depth reports, financial insights, and the latest news on leading companies. #FluentCorp #CNTMF #FNTU #EarningsCall #Q12025 #CannabisIndustry #Retail #Florida #NewYork #StockMarket #Investing #InsideTicker
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