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Side-by-side financial comparison of ADAMAS TRUST, INC. (ADAM) and Fluent, Inc. (FLNT). Click either name above to swap in a different company.
Fluent, Inc. is the larger business by last-quarter revenue ($61.8M vs $43.2M, roughly 1.4× ADAMAS TRUST, INC.). ADAMAS TRUST, INC. runs the higher net margin — 124.0% vs -6.7%, a 130.7% gap on every dollar of revenue. On growth, ADAMAS TRUST, INC. posted the faster year-over-year revenue change (61.6% vs -5.5%). Over the past eight quarters, ADAMAS TRUST, INC.'s revenue compounded faster (55.5% CAGR vs -3.2%).
THG Fluently, formerly Language Connect, is a translation and language localisation service provided by THG Ingenuity. It provides a range of language services, including translation, interpreting, localisation, voice-overs, transcription, and multilingual search engine optimization.
ADAM vs FLNT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $43.2M | $61.8M |
| Net Profit | $53.5M | $-4.1M |
| Gross Margin | — | — |
| Operating Margin | — | 0.3% |
| Net Margin | 124.0% | -6.7% |
| Revenue YoY | 61.6% | -5.5% |
| Net Profit YoY | 270.5% | -20.1% |
| EPS (diluted) | $0.45 | $-0.09 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $43.2M | $61.8M | ||
| Q3 25 | $36.6M | $47.0M | ||
| Q2 25 | $36.4M | $44.7M | ||
| Q1 25 | $33.1M | $55.2M | ||
| Q4 24 | $26.7M | $65.4M | ||
| Q3 24 | $20.2M | $64.5M | ||
| Q2 24 | $19.0M | $58.7M | ||
| Q1 24 | $17.9M | $66.0M |
| Q4 25 | $53.5M | $-4.1M | ||
| Q3 25 | $44.8M | $-7.6M | ||
| Q2 25 | $8.5M | $-7.2M | ||
| Q1 25 | $42.2M | $-8.3M | ||
| Q4 24 | $-31.4M | $-3.4M | ||
| Q3 24 | $42.8M | $-7.9M | ||
| Q2 24 | $-15.6M | $-11.6M | ||
| Q1 24 | $-57.9M | $-6.3M |
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | -13.4% | ||
| Q2 25 | 11.7% | -15.9% | ||
| Q1 25 | — | -12.8% | ||
| Q4 24 | -119.0% | -8.3% | ||
| Q3 24 | — | -6.0% | ||
| Q2 24 | -124.7% | -17.7% | ||
| Q1 24 | -448.8% | -6.0% |
| Q4 25 | 124.0% | -6.7% | ||
| Q3 25 | 122.5% | -16.1% | ||
| Q2 25 | 23.4% | -16.2% | ||
| Q1 25 | 127.4% | -15.0% | ||
| Q4 24 | -117.5% | -5.2% | ||
| Q3 24 | 211.7% | -12.3% | ||
| Q2 24 | -81.9% | -19.8% | ||
| Q1 24 | -324.1% | -9.5% |
| Q4 25 | $0.45 | $-0.09 | ||
| Q3 25 | $0.36 | $-0.27 | ||
| Q2 25 | $-0.04 | $-0.30 | ||
| Q1 25 | $0.33 | $-0.39 | ||
| Q4 24 | $-0.46 | $-0.12 | ||
| Q3 24 | $0.36 | $-0.48 | ||
| Q2 24 | $-0.29 | $-0.75 | ||
| Q1 24 | $-0.75 | $-0.45 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $210.3M | $12.9M |
| Total DebtLower is stronger | $735.8M | $34.6M |
| Stockholders' EquityBook value | $1.4B | $18.2M |
| Total Assets | $12.6B | $89.1M |
| Debt / EquityLower = less leverage | 0.52× | 1.90× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $210.3M | $12.9M | ||
| Q3 25 | $185.3M | $9.2M | ||
| Q2 25 | $160.4M | $4.9M | ||
| Q1 25 | $177.1M | $4.8M | ||
| Q4 24 | $167.4M | $9.4M | ||
| Q3 24 | $195.1M | $6.6M | ||
| Q2 24 | $235.5M | $5.0M | ||
| Q1 24 | $226.9M | $11.7M |
| Q4 25 | $735.8M | $34.6M | ||
| Q3 25 | $766.6M | $26.0M | ||
| Q2 25 | $653.0M | $23.2M | ||
| Q1 25 | $654.4M | $25.6M | ||
| Q4 24 | $573.2M | $35.6M | ||
| Q3 24 | $699.4M | $37.9M | ||
| Q2 24 | $800.7M | $33.3M | ||
| Q1 24 | $1.0B | $31.0M |
| Q4 25 | $1.4B | $18.2M | ||
| Q3 25 | $1.4B | $21.6M | ||
| Q2 25 | $1.4B | $19.1M | ||
| Q1 25 | $1.4B | $22.0M | ||
| Q4 24 | $1.4B | $25.0M | ||
| Q3 24 | $1.4B | $20.0M | ||
| Q2 24 | $1.4B | $27.5M | ||
| Q1 24 | $1.5B | $28.7M |
| Q4 25 | $12.6B | $89.1M | ||
| Q3 25 | $12.4B | $76.1M | ||
| Q2 25 | $10.6B | $74.5M | ||
| Q1 25 | $10.0B | $77.5M | ||
| Q4 24 | $9.2B | $93.6M | ||
| Q3 24 | $8.9B | $77.5M | ||
| Q2 24 | $8.2B | $98.5M | ||
| Q1 24 | $7.4B | $103.6M |
| Q4 25 | 0.52× | 1.90× | ||
| Q3 25 | 0.55× | 1.21× | ||
| Q2 25 | 0.47× | 1.21× | ||
| Q1 25 | 0.47× | 1.16× | ||
| Q4 24 | 0.41× | 1.43× | ||
| Q3 24 | 0.48× | 1.90× | ||
| Q2 24 | 0.56× | 1.21× | ||
| Q1 24 | 0.67× | 1.08× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $134.0M | $2.8M |
| Free Cash FlowOCF − Capex | $125.9M | — |
| FCF MarginFCF / Revenue | 291.6% | — |
| Capex IntensityCapex / Revenue | 18.9% | — |
| Cash ConversionOCF / Net Profit | 2.50× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $134.0M | $2.8M | ||
| Q3 25 | $6.9M | $-7.3M | ||
| Q2 25 | $39.2M | $935.0K | ||
| Q1 25 | $25.8M | $2.1M | ||
| Q4 24 | $14.1M | $-2.1M | ||
| Q3 24 | $-922.0K | $1.2M | ||
| Q2 24 | $-993.0K | $-13.1M | ||
| Q1 24 | $-13.1M | $-132.0K |
| Q4 25 | $125.9M | — | ||
| Q3 25 | — | $-7.3M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $-10.6M | — | ||
| Q3 24 | $-8.6M | $1.2M | ||
| Q2 24 | $-8.6M | — | ||
| Q1 24 | $-19.1M | — |
| Q4 25 | 291.6% | — | ||
| Q3 25 | — | -15.6% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -39.6% | — | ||
| Q3 24 | -42.3% | 1.9% | ||
| Q2 24 | -44.9% | — | ||
| Q1 24 | -107.0% | — |
| Q4 25 | 18.9% | — | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 92.3% | — | ||
| Q3 24 | 37.7% | 0.0% | ||
| Q2 24 | 39.7% | — | ||
| Q1 24 | 33.5% | — |
| Q4 25 | 2.50× | — | ||
| Q3 25 | 0.15× | — | ||
| Q2 25 | 4.59× | — | ||
| Q1 25 | 0.61× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.02× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADAM
| Other | $19.6M | 45% |
| Constructive Loans LLC | $14.4M | 33% |
| Multifamily | $9.1M | 21% |
FLNT
| Commerce Media Solutions | $34.7M | 56% |
| Owned And Operated | $21.3M | 34% |
| Call Solutions | $3.8M | 6% |
| Ad Parlor | $2.0M | 3% |
