vs
Side-by-side financial comparison of Clarus Corp (CLAR) and Fluent, Inc. (FLNT). Click either name above to swap in a different company.
Clarus Corp is the larger business by last-quarter revenue ($65.4M vs $61.8M, roughly 1.1× Fluent, Inc.). Fluent, Inc. runs the higher net margin — -6.7% vs -47.8%, a 41.1% gap on every dollar of revenue. On growth, Fluent, Inc. posted the faster year-over-year revenue change (-5.5% vs -8.4%). Over the past eight quarters, Clarus Corp's revenue compounded faster (-2.9% CAGR vs -3.2%).
Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.
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.
CLAR vs FLNT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $65.4M | $61.8M |
| Net Profit | $-31.3M | $-4.1M |
| Gross Margin | 27.7% | — |
| Operating Margin | -59.6% | 0.3% |
| Net Margin | -47.8% | -6.7% |
| Revenue YoY | -8.4% | -5.5% |
| Net Profit YoY | 52.3% | -20.1% |
| EPS (diluted) | $-0.81 | $-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 | $65.4M | $61.8M | ||
| Q3 25 | $69.3M | $47.0M | ||
| Q2 25 | $55.2M | $44.7M | ||
| Q1 25 | $60.4M | $55.2M | ||
| Q4 24 | $71.4M | $65.4M | ||
| Q3 24 | $67.1M | $64.5M | ||
| Q2 24 | $56.5M | $58.7M | ||
| Q1 24 | $69.3M | $66.0M |
| Q4 25 | $-31.3M | $-4.1M | ||
| Q3 25 | $-1.6M | $-7.6M | ||
| Q2 25 | $-8.4M | $-7.2M | ||
| Q1 25 | $-5.2M | $-8.3M | ||
| Q4 24 | $-65.5M | $-3.4M | ||
| Q3 24 | $-3.2M | $-7.9M | ||
| Q2 24 | $-5.5M | $-11.6M | ||
| Q1 24 | $21.9M | $-6.3M |
| Q4 25 | 27.7% | — | ||
| Q3 25 | 35.1% | — | ||
| Q2 25 | 35.6% | — | ||
| Q1 25 | 34.4% | — | ||
| Q4 24 | 33.4% | — | ||
| Q3 24 | 35.0% | — | ||
| Q2 24 | 36.1% | — | ||
| Q1 24 | 35.9% | — |
| Q4 25 | -59.6% | 0.3% | ||
| Q3 25 | -4.4% | -13.4% | ||
| Q2 25 | -19.7% | -15.9% | ||
| Q1 25 | -11.2% | -12.8% | ||
| Q4 24 | -70.2% | -8.3% | ||
| Q3 24 | -8.0% | -6.0% | ||
| Q2 24 | -14.4% | -17.7% | ||
| Q1 24 | -9.8% | -6.0% |
| Q4 25 | -47.8% | -6.7% | ||
| Q3 25 | -2.3% | -16.1% | ||
| Q2 25 | -15.3% | -16.2% | ||
| Q1 25 | -8.7% | -15.0% | ||
| Q4 24 | -91.8% | -5.2% | ||
| Q3 24 | -4.7% | -12.3% | ||
| Q2 24 | -9.7% | -19.8% | ||
| Q1 24 | 31.6% | -9.5% |
| Q4 25 | $-0.81 | $-0.09 | ||
| Q3 25 | $-0.04 | $-0.27 | ||
| Q2 25 | $-0.22 | $-0.30 | ||
| Q1 25 | $-0.14 | $-0.39 | ||
| Q4 24 | $-1.72 | $-0.12 | ||
| Q3 24 | $-0.08 | $-0.48 | ||
| Q2 24 | $-0.14 | $-0.75 | ||
| Q1 24 | $0.57 | $-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 | $36.7M | $12.9M |
| Total DebtLower is stronger | $0 | $34.6M |
| Stockholders' EquityBook value | $196.4M | $18.2M |
| Total Assets | $249.0M | $89.1M |
| Debt / EquityLower = less leverage | 0.00× | 1.90× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.7M | $12.9M | ||
| Q3 25 | $29.5M | $9.2M | ||
| Q2 25 | $28.5M | $4.9M | ||
| Q1 25 | $41.3M | $4.8M | ||
| Q4 24 | $45.4M | $9.4M | ||
| Q3 24 | $36.4M | $6.6M | ||
| Q2 24 | $46.2M | $5.0M | ||
| Q1 24 | $47.5M | $11.7M |
| Q4 25 | $0 | $34.6M | ||
| Q3 25 | $2.0M | $26.0M | ||
| Q2 25 | $1.9M | $23.2M | ||
| Q1 25 | $1.9M | $25.6M | ||
| Q4 24 | $1.9M | $35.6M | ||
| Q3 24 | — | $37.9M | ||
| Q2 24 | — | $33.3M | ||
| Q1 24 | $37.0K | $31.0M |
| Q4 25 | $196.4M | $18.2M | ||
| Q3 25 | $225.8M | $21.6M | ||
| Q2 25 | $225.1M | $19.1M | ||
| Q1 25 | $229.3M | $22.0M | ||
| Q4 24 | $233.1M | $25.0M | ||
| Q3 24 | $308.5M | $20.0M | ||
| Q2 24 | $307.3M | $27.5M | ||
| Q1 24 | $310.4M | $28.7M |
| Q4 25 | $249.0M | $89.1M | ||
| Q3 25 | $283.1M | $76.1M | ||
| Q2 25 | $286.5M | $74.5M | ||
| Q1 25 | $292.8M | $77.5M | ||
| Q4 24 | $294.1M | $93.6M | ||
| Q3 24 | $375.3M | $77.5M | ||
| Q2 24 | $369.4M | $98.5M | ||
| Q1 24 | $377.0M | $103.6M |
| Q4 25 | 0.00× | 1.90× | ||
| Q3 25 | 0.01× | 1.21× | ||
| Q2 25 | 0.01× | 1.21× | ||
| Q1 25 | 0.01× | 1.16× | ||
| Q4 24 | 0.01× | 1.43× | ||
| Q3 24 | — | 1.90× | ||
| Q2 24 | — | 1.21× | ||
| Q1 24 | 0.00× | 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 | $12.5M | $2.8M |
| Free Cash FlowOCF − Capex | $11.6M | — |
| FCF MarginFCF / Revenue | 17.7% | — |
| Capex IntensityCapex / Revenue | 1.4% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-9.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.5M | $2.8M | ||
| Q3 25 | $-5.7M | $-7.3M | ||
| Q2 25 | $-9.4M | $935.0K | ||
| Q1 25 | $-2.1M | $2.1M | ||
| Q4 24 | $16.6M | $-2.1M | ||
| Q3 24 | $-8.3M | $1.2M | ||
| Q2 24 | $834.0K | $-13.1M | ||
| Q1 24 | $-16.4M | $-132.0K |
| Q4 25 | $11.6M | — | ||
| Q3 25 | $-7.0M | $-7.3M | ||
| Q2 25 | $-11.3M | — | ||
| Q1 25 | $-3.3M | — | ||
| Q4 24 | $14.4M | — | ||
| Q3 24 | $-9.4M | $1.2M | ||
| Q2 24 | $-744.0K | — | ||
| Q1 24 | $-18.3M | — |
| Q4 25 | 17.7% | — | ||
| Q3 25 | -10.0% | -15.6% | ||
| Q2 25 | -20.4% | — | ||
| Q1 25 | -5.4% | — | ||
| Q4 24 | 20.1% | — | ||
| Q3 24 | -14.0% | 1.9% | ||
| Q2 24 | -1.3% | — | ||
| Q1 24 | -26.3% | — |
| Q4 25 | 1.4% | — | ||
| Q3 25 | 1.8% | 0.0% | ||
| Q2 25 | 3.4% | — | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 1.6% | 0.0% | ||
| Q2 24 | 2.8% | — | ||
| Q1 24 | 2.7% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -0.75× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLAR
| Other | $37.1M | 57% |
| Outdoor Segment | $25.3M | 39% |
| Adventure Segment | $3.0M | 5% |
FLNT
| Commerce Media Solutions | $34.7M | 56% |
| Owned And Operated | $21.3M | 34% |
| Call Solutions | $3.8M | 6% |
| Ad Parlor | $2.0M | 3% |
