Fluent Income Before Tax vs Cost Of Revenue Analysis

FLNT Stock

USD 3.39 0.18 5.04%

Fluent financial indicator trend analysis is much more than just examining Fluent Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fluent Inc is a good investment. Please check the relationship between Fluent Income Before Tax and its Cost Of Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fluent Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Income Before Tax vs Cost Of Revenue

Income Before Tax vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fluent Inc Income Before Tax account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Fluent's Income Before Tax and Cost Of Revenue is -0.39. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Fluent Inc, assuming nothing else is changed. The correlation between historical values of Fluent's Income Before Tax and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Fluent Inc are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Income Before Tax i.e., Fluent's Income Before Tax and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Fluent income statement and is an important metric when analyzing Fluent Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Cost Of Revenue

Cost of Revenue is found on Fluent Inc income statement and represents the costs associated with goods and services Fluent provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most indicators from Fluent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fluent Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fluent Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

At this time, Fluent's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 25.56 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	85.5M	93.6M	67.6M	50.1M
Total Revenue	329.3M	361.1M	298.4M	170.9M

Gross Profit Total Revenue

Fluent fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net
Total Assets		0.54	0.51	0.96	0.93	-0.11	0.67	0.69	0.94	-0.24	0.41	0.69	0.73	0.93	0.63	0.68	-0.05	-0.08	0.8	0.89	0.71	0.86	0.67	0.29	0.39	0.51
Other Current Liab	0.54		0.88	0.38	0.44	-0.7	0.53	0.86	0.32	-0.28	0.16	0.86	0.94	0.37	0.83	0.78	-0.44	0.38	0.81	0.8	0.95	0.24	0.85	0.22	0.23	0.65
Total Current Liabilities	0.51	0.88		0.33	0.41	-0.54	0.78	0.68	0.32	-0.33	0.09	0.68	0.81	0.38	0.66	0.6	-0.22	0.68	0.66	0.82	0.84	0.29	0.67	0.13	0.33	0.6
Total Stockholder Equity	0.96	0.38	0.33		0.9	0.11	0.56	0.59	0.99	-0.19	0.43	0.59	0.6	0.98	0.45	0.6	0.07	-0.23	0.72	0.76	0.59	0.83	0.5	0.33	0.38	0.43
Net Debt	0.93	0.44	0.41	0.9		-0.15	0.63	0.54	0.91	-0.29	0.48	0.54	0.65	0.87	0.59	0.69	0.0	-0.08	0.81	0.83	0.62	0.92	0.62	0.17	0.41	0.39
Retained Earnings	-0.11	-0.7	-0.54	0.11	-0.15		-0.27	-0.55	0.18	0.4	0.02	-0.55	-0.61	0.15	-0.8	-0.59	0.4	-0.29	-0.59	-0.38	-0.61	-0.02	-0.76	0.15	-0.21	-0.35
Accounts Payable	0.67	0.53	0.78	0.56	0.63	-0.27		0.52	0.57	-0.33	0.11	0.52	0.65	0.6	0.54	0.49	0.04	0.44	0.61	0.81	0.66	0.59	0.55	-0.04	0.44	0.53
Cash	0.69	0.86	0.68	0.59	0.54	-0.55	0.52		0.5	-0.38	0.15	1.0	0.91	0.57	0.8	0.83	-0.23	0.02	0.85	0.77	0.94	0.36	0.83	0.12	0.41	0.67
Non Current Assets Total	0.94	0.32	0.32	0.99	0.91	0.18	0.57	0.5		-0.16	0.44	0.5	0.53	0.97	0.37	0.53	0.1	-0.17	0.66	0.75	0.52	0.87	0.43	0.3	0.35	0.36
Non Currrent Assets Other	-0.24	-0.28	-0.33	-0.19	-0.29	0.4	-0.33	-0.38	-0.16		-0.01	-0.38	-0.29	-0.31	-0.25	-0.58	-0.59	-0.26	-0.45	-0.28	-0.33	-0.38	-0.25	0.29	-0.86	-0.09
Other Assets	0.41	0.16	0.09	0.43	0.48	0.02	0.11	0.15	0.44	-0.01		0.15	0.18	0.4	0.2	0.15	0.07	-0.09	0.33	0.3	0.17	0.46	0.22	0.35	0.25	0.07
Cash And Short Term Investments	0.69	0.86	0.68	0.59	0.54	-0.55	0.52	1.0	0.5	-0.38	0.15		0.91	0.57	0.8	0.83	-0.23	0.02	0.85	0.77	0.94	0.36	0.83	0.12	0.41	0.67
Net Receivables	0.73	0.94	0.81	0.6	0.65	-0.61	0.65	0.91	0.53	-0.29	0.18	0.91		0.58	0.9	0.86	-0.38	0.17	0.93	0.88	0.99	0.41	0.92	0.26	0.32	0.76
Good Will	0.93	0.37	0.38	0.98	0.87	0.15	0.6	0.57	0.97	-0.31	0.4	0.57	0.58		0.38	0.59	0.22	-0.13	0.68	0.75	0.57	0.82	0.44	0.29	0.51	0.42
Common Stock Total Equity	0.63	0.83	0.66	0.45	0.59	-0.8	0.54	0.8	0.37	-0.25	0.2	0.8	0.9	0.38		0.76	-0.48	0.07	0.88	0.75	0.87	0.39	1.0	0.16	0.25	0.62
Common Stock Shares Outstanding	0.68	0.78	0.6	0.6	0.69	-0.59	0.49	0.83	0.53	-0.58	0.15	0.83	0.86	0.59	0.76		-0.13	0.04	0.91	0.75	0.86	0.49	0.78	0.13	0.49	0.61
Non Current Liabilities Total	-0.05	-0.44	-0.22	0.07	0.0	0.4	0.04	-0.23	0.1	-0.59	0.07	-0.23	-0.38	0.22	-0.48	-0.13		0.01	-0.21	-0.22	-0.34	0.21	-0.45	-0.33	0.72	-0.31
Other Current Assets	-0.08	0.38	0.68	-0.23	-0.08	-0.29	0.44	0.02	-0.17	-0.26	-0.09	0.02	0.17	-0.13	0.07	0.04	0.01		0.04	0.31	0.22	0.01	0.05	-0.18	0.1	-0.05
Other Stockholder Equity	0.8	0.81	0.66	0.72	0.81	-0.59	0.61	0.85	0.66	-0.45	0.33	0.85	0.93	0.68	0.88	0.91	-0.21	0.04		0.86	0.91	0.64	0.9	0.15	0.46	0.59
Total Liab	0.89	0.8	0.82	0.76	0.83	-0.38	0.81	0.77	0.75	-0.28	0.3	0.77	0.88	0.75	0.75	0.75	-0.22	0.31	0.86		0.88	0.71	0.77	0.19	0.33	0.58
Total Current Assets	0.71	0.95	0.84	0.59	0.62	-0.61	0.66	0.94	0.52	-0.33	0.17	0.94	0.99	0.57	0.87	0.86	-0.34	0.22	0.91	0.88		0.4	0.9	0.21	0.35	0.74
Intangible Assets	0.86	0.24	0.29	0.83	0.92	-0.02	0.59	0.36	0.87	-0.38	0.46	0.36	0.41	0.82	0.39	0.49	0.21	0.01	0.64	0.71	0.4		0.42	0.02	0.44	0.1
Common Stock	0.67	0.85	0.67	0.5	0.62	-0.76	0.55	0.83	0.43	-0.25	0.22	0.83	0.92	0.44	1.0	0.78	-0.45	0.05	0.9	0.77	0.9	0.42		0.19	0.28	0.65
Property Plant Equipment	0.29	0.22	0.13	0.33	0.17	0.15	-0.04	0.12	0.3	0.29	0.35	0.12	0.26	0.29	0.16	0.13	-0.33	-0.18	0.15	0.19	0.21	0.02	0.19		-0.18	0.53
Short Long Term Debt Total	0.39	0.23	0.33	0.38	0.41	-0.21	0.44	0.41	0.35	-0.86	0.25	0.41	0.32	0.51	0.25	0.49	0.72	0.1	0.46	0.33	0.35	0.44	0.28	-0.18		0.22
Property Plant And Equipment Net	0.51	0.65	0.6	0.43	0.39	-0.35	0.53	0.67	0.36	-0.09	0.07	0.67	0.76	0.42	0.62	0.61	-0.31	-0.05	0.59	0.58	0.74	0.1	0.65	0.53	0.22

Click cells to compare fundamentals

Fluent Account Relationship Matchups

Fluent fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	317.1M	310.2M	318.2M	184.0M	111.9M	187.1M
Other Current Liab	20.4M	31.6M	33.9M	35.6M	30.5M	19.3M
Total Current Liabilities	52.2M	50.2M	57.9M	50.2M	49.2M	35.3M
Total Stockholder Equity	210.9M	216.9M	213.4M	94.0M	34.4M	32.7M
Net Debt	43.6M	29.1M	18.8M	21.2M	18.7M	13.8M
Retained Earnings	(187.1M)	(184.9M)	(195.0M)	(318.3M)	(381.5M)	(362.4M)
Accounts Payable	21.6M	7.7M	16.1M	6.2M	11.0M	9.7M
Cash	18.7M	21.1M	34.5M	25.5M	15.8M	16.5M
Non Current Assets Total	235.6M	224.0M	211.0M	91.8M	33.5M	31.8M
Non Currrent Assets Other	2.5M	3.0M	1.9M	1.7M	1.4M	1.3M
Other Assets	2.5M	11.3M	(1K)	1.7M	2.0M	1.9M
Cash And Short Term Investments	18.7M	21.1M	34.5M	25.5M	15.8M	16.5M
Net Receivables	60.9M	62.7M	70.2M	63.2M	56.5M	34.6M
Good Will	159.8M	164.8M	165.1M	55.1M	1.3M	1.2M
Common Stock Total Equity	38K	39K	40K	42K	48.3K	50.7K
Common Stock Shares Outstanding	13.2M	13.3M	13.3M	13.6M	13.8M	9.1M
Liabilities And Stockholders Equity	317.1M	310.2M	318.2M	184.0M	111.9M	187.1M
Non Current Liabilities Total	53.9M	43.1M	46.8M	39.8M	28.2M	42.0M
Other Current Assets	1.9M	2.4M	2.5M	3.5M	6.1M	3.3M
Other Stockholder Equity	398.0M	401.8M	408.3M	412.2M	415.9M	282.3M
Total Liab	106.2M	93.3M	104.8M	90.0M	77.5M	67.4M
Total Current Assets	81.5M	86.2M	107.2M	92.2M	78.4M	52.3M
Intangible Assets	55.6M	45.4M	35.7M	28.7M	26.8M	40.2M
Common Stock	38K	39K	40K	42K	43K	45.2K
Property Plant Equipment	2.9M	10.5M	1.5M	964K	1.1M	1.1M
Short Long Term Debt Total	62.3M	50.2M	53.2M	46.7M	34.5M	46.8M
Property Plant And Equipment Net	12.7M	10.5M	8.3M	6.2M	4.0M	3.9M
Current Deferred Revenue	1.1M	1.4M	651K	1.0M	430K	741.5K
Property Plant And Equipment Gross	12.7M	10.5M	1.5M	964K	7.0M	7.4M
Short Term Debt	9.2M	9.6M	7.2M	7.4M	7.3M	6.8M
Other Liab	109K	2.0M	389K	180K	162K	153.9K
Net Tangible Assets	(9.4M)	6.4M	12.6M	10.1M	11.6M	12.2M
Long Term Debt	44.1M	33.3M	40.3M	35.6M	25.5M	42.4M
Retained Earnings Total Equity	(187.1M)	(184.9M)	(195.0M)	(318.3M)	(286.5M)	(272.1M)
Capital Surpluse	406.2M	411.8M	419.1M	423.4M	486.9M	394.8M
Treasury Stock	(8.2M)	(10.0M)	(10.7M)	(11.2M)	(12.8M)	(13.5M)
Long Term Debt Total	52.0M	44.1M	33.3M	40.3M	36.3M	37.1M
Short Long Term Debt	3.5M	6.9M	7.3M	5M	5.8M	5.1M
Non Current Liabilities Other	775K	2.5M	811K	458K	1.1M	1.7M

Pair Trading with Fluent

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fluent position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fluent will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Fluent could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fluent when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fluent - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fluent Inc to buy it.

The correlation of Fluent is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fluent moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fluent Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Fluent can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Fluent Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Fluent Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Fluent Inc Stock. Highlighted below are key reports to facilitate an investment decision about Fluent Inc Stock:

How To Invest In Fluent

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Is Fluent Stock a good investment?

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What is Fluent's Net Worth?

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fluent Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Fluent Stock analysis

When running Fluent's price analysis, check to measure Fluent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fluent is operating at the current time. Most of Fluent's value examination focuses on studying past and present price action to predict the probability of Fluent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fluent's price. Additionally, you may evaluate how the addition of Fluent to your portfolios can decrease your overall portfolio volatility.

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Is Fluent's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fluent. If investors know Fluent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fluent listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

335.267

Earnings Share

6.72

Revenue Per Share

20.757

Quarterly Revenue Growth

(0.15)

Return On Assets

(0.03)

The market value of Fluent Inc is measured differently than its book value, which is the value of Fluent that is recorded on the company's balance sheet. Investors also form their own opinion of Fluent's value that differs from its market value or its book value, called intrinsic value, which is Fluent's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fluent's market value can be influenced by many factors that don't directly affect Fluent's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Fluent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fluent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fluent's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Fluent Income Before Tax vs Cost Of Revenue Analysis

Income Before Tax vs Cost Of Revenue

Income Before Tax vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Income Before Tax

Cost Of Revenue

Fluent fundamental ratios Correlations

Fluent Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fluent fundamental ratios Accounts

Pair Trading with Fluent

Complementary Tools for Fluent Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Non Current Assets Total	+ 0.99	Total Stockholder Equity
Total Current Assets	+ 0.99	Net Receivables
Good Will	+ 0.98	Total Stockholder Equity
Good Will	+ 0.97	Non Current Assets Total

Short Long Term Debt Total	- 0.86	Non Currrent Assets Other
Common Stock Total Equity	- 0.8	Retained Earnings
Common Stock	- 0.76	Retained Earnings
Retained Earnings	- 0.7	Other Current Liab
Total Current Assets	- 0.61	Retained Earnings
Net Receivables	- 0.61	Retained Earnings