Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data MNTN, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2025
FY2025
Revenue
226
290
Cost of revenue
64.1
66.2
Gross profit
162
224
Research and development
32.7
49.2
Selling and marketing
76.1
90.4
General and administrative
51.8
57.7
Operating expenses
163
200
Operating income
-1.65
24
Other non-operating income
-25.4
-40
Pre-tax income
-27.1
-16
Income tax
5.79
-9.57
Net income
-32.9
-6.43
EBITDA
6.7
33.9
EPS, basic
-2.38
-0.13
EPS, diluted
-2.38
-0.13
Shares, basic (weighted)
13.8
50.9
Shares, diluted (weighted)
13.8
50.9
Balance sheet
FY2025
FY2025
Cash and equivalents
82.6
210
Receivables
66.9
61.8
Other current assets
0.11
0.23
Total current assets
158
286
Property, plant and equipment
0.1
0
Goodwill
51.9
51.9
Other non-current assets
0.55
0
Total assets
239
378
Accounts payable
63.6
59.5
Accrued liabilities
3.24
3.35
Deferred revenue
8.97
5.49
Total current liabilities
155
68.5
Other non-current liabilities
3.35
4.05
Total liabilities
177
72.6
Paid-in capital
147
577
Retained earnings
-255
-261
Treasury stock
0
-10
Shareholders' equity
-108
306
Total equity
-108
306
Total liabilities and equity
239
378
Shares outstanding
14.2
Cash flow statement
FY2025
FY2025
Net income
-32.9
-6.43
Depreciation and amortization
8.35
9.87
Stock-based compensation
31.2
31.7
Deferred income tax
0.04
-9.52
Change in receivables
-18.9
2.02
Change in payables
13.6
-4.02
Cash from operations
42.5
56.5
Cash from investing
-9.95
-17.1
Stock issued
0.33
2.67
Share buybacks
-0.33
-10
Cash from financing
-5.01
88.2
Net change in cash
27.6
128
Interest paid
0.18
3.14
Income taxes paid
-1.12
2.72
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $11.01 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
80.8%
Gross profit / revenue.
Operating margin
14.3%
Operating income / revenue.
Pre-tax margin
17.4%
Pre-tax income / revenue.
Net margin
18.0%
Net income / revenue.
Operating cash flow margin
23.3%
Cash from operations / revenue.
Effective tax rate
-3.6%
Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)
16.9%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
14.0%
Net income / average total assets.
Return on invested capital (ROIC)
36.4%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue
19.1%
Research and development expense / revenue.
Stock-based pay / revenue
7.2%
Stock-based compensation (from the cash flow statement) / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
28.6%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
38.6%
Gross profit vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y
406.3%
EBITDA vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
32.7%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
58.5%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
268.5%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
4.86x
Current assets / current liabilities.
Quick ratio
4.64x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
3.70x
(Cash + short-term investments) / current liabilities.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$3.98
Revenue / diluted weighted shares.
Operating cash flow per share
$0.93
Cash from operations / diluted weighted shares.
Book value per share
$4.25
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/E
14.6x
Market cap / net income. Only when net income is positive.
P/S
2.63x
Market cap / revenue.
P/B
2.46x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
2.92x
Market cap / tangible book value, when positive.
P/OCF
11.3x
Market cap / cash from operations, when positive.
EV/Sales
1.87x
Enterprise value / revenue.
EV/EBIT
13.1x
Enterprise value / operating income, when both are positive.
Earnings yield
6.8%
Net income / market cap (the inverse of P/E).
What was MNTN, Inc.'s revenue in fiscal 2025?
MNTN, Inc. reported revenue of $290.1M for fiscal 2025, 28.6% higher than the year before.
Was MNTN, Inc. profitable in fiscal 2025?
No. It reported a net loss of $6.4M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.