vs
Side-by-side financial comparison of Fluent, Inc. (FLNT) and SHENANDOAH TELECOMMUNICATIONS CO (SHEN). Click either name above to swap in a different company.
SHENANDOAH TELECOMMUNICATIONS CO is the larger business by last-quarter revenue ($91.6M vs $61.8M, roughly 1.5× Fluent, Inc.). SHENANDOAH TELECOMMUNICATIONS CO runs the higher net margin — -5.9% vs -6.7%, a 0.8% gap on every dollar of revenue. On growth, SHENANDOAH TELECOMMUNICATIONS CO posted the faster year-over-year revenue change (7.2% vs -5.5%). Over the past eight quarters, SHENANDOAH TELECOMMUNICATIONS CO's revenue compounded faster (15.0% 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.
Shenandoah Telecommunications Co is a U.S. regional telecom provider offering broadband internet, wireless voice/data services, digital cable TV, and fiber-optic solutions. It serves residential, small business and enterprise clients across Mid-Atlantic states, focusing on underserved rural and suburban markets in Virginia, West Virginia, Maryland and Pennsylvania.
FLNT vs SHEN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $61.8M | $91.6M |
| Net Profit | $-4.1M | $-5.4M |
| Gross Margin | — | — |
| Operating Margin | 0.3% | -1.0% |
| Net Margin | -6.7% | -5.9% |
| Revenue YoY | -5.5% | 7.2% |
| Net Profit YoY | -20.1% | -95.8% |
| EPS (diluted) | $-0.09 | $-0.13 |
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 | $61.8M | $91.6M | ||
| Q3 25 | $47.0M | $89.8M | ||
| Q2 25 | $44.7M | $88.6M | ||
| Q1 25 | $55.2M | $87.9M | ||
| Q4 24 | $65.4M | $85.4M | ||
| Q3 24 | $64.5M | $87.6M | ||
| Q2 24 | $58.7M | $85.8M | ||
| Q1 24 | $66.0M | $69.2M |
| Q4 25 | $-4.1M | $-5.4M | ||
| Q3 25 | $-7.6M | $-9.4M | ||
| Q2 25 | $-7.2M | $-9.0M | ||
| Q1 25 | $-8.3M | $-9.1M | ||
| Q4 24 | $-3.4M | $-2.7M | ||
| Q3 24 | $-7.9M | $-5.3M | ||
| Q2 24 | $-11.6M | $-12.9M | ||
| Q1 24 | $-6.3M | $214.7M |
| Q4 25 | 0.3% | -1.0% | ||
| Q3 25 | -13.4% | -8.0% | ||
| Q2 25 | -15.9% | -10.3% | ||
| Q1 25 | -12.8% | -6.9% | ||
| Q4 24 | -8.3% | -6.7% | ||
| Q3 24 | -6.0% | -4.8% | ||
| Q2 24 | -17.7% | -18.5% | ||
| Q1 24 | -6.0% | -4.0% |
| Q4 25 | -6.7% | -5.9% | ||
| Q3 25 | -16.1% | -10.5% | ||
| Q2 25 | -16.2% | -10.2% | ||
| Q1 25 | -15.0% | -10.4% | ||
| Q4 24 | -5.2% | -3.2% | ||
| Q3 24 | -12.3% | -6.0% | ||
| Q2 24 | -19.8% | -15.0% | ||
| Q1 24 | -9.5% | 310.0% |
| Q4 25 | $-0.09 | $-0.13 | ||
| Q3 25 | $-0.27 | $-0.20 | ||
| Q2 25 | $-0.30 | $-0.19 | ||
| Q1 25 | $-0.39 | $-0.19 | ||
| Q4 24 | $-0.12 | $-0.34 | ||
| Q3 24 | $-0.48 | $-0.13 | ||
| Q2 24 | $-0.75 | $-0.24 | ||
| Q1 24 | $-0.45 | $4.25 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $12.9M | $27.3M |
| Total DebtLower is stronger | $34.6M | $642.4M |
| Stockholders' EquityBook value | $18.2M | $880.8M |
| Total Assets | $89.1M | $1.9B |
| Debt / EquityLower = less leverage | 1.90× | 0.73× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.9M | $27.3M | ||
| Q3 25 | $9.2M | $22.6M | ||
| Q2 25 | $4.9M | $29.1M | ||
| Q1 25 | $4.8M | $87.5M | ||
| Q4 24 | $9.4M | $46.3M | ||
| Q3 24 | $6.6M | $43.1M | ||
| Q2 24 | $5.0M | $43.8M | ||
| Q1 24 | $11.7M | $389.7M |
| Q4 25 | $34.6M | $642.4M | ||
| Q3 25 | $26.0M | $535.4M | ||
| Q2 25 | $23.2M | $513.1M | ||
| Q1 25 | $25.6M | $515.8M | ||
| Q4 24 | $35.6M | $418.0M | ||
| Q3 24 | $37.9M | $345.2M | ||
| Q2 24 | $33.3M | $297.4M | ||
| Q1 24 | $31.0M | $298.7M |
| Q4 25 | $18.2M | $880.8M | ||
| Q3 25 | $21.6M | $892.7M | ||
| Q2 25 | $19.1M | $902.0M | ||
| Q1 25 | $22.0M | $910.5M | ||
| Q4 24 | $25.0M | $918.6M | ||
| Q3 24 | $20.0M | $925.4M | ||
| Q2 24 | $27.5M | $933.1M | ||
| Q1 24 | $28.7M | $871.6M |
| Q4 25 | $89.1M | $1.9B | ||
| Q3 25 | $76.1M | $1.9B | ||
| Q2 25 | $74.5M | $1.8B | ||
| Q1 25 | $77.5M | $1.8B | ||
| Q4 24 | $93.6M | $1.7B | ||
| Q3 24 | $77.5M | $1.7B | ||
| Q2 24 | $98.5M | $1.7B | ||
| Q1 24 | $103.6M | $1.4B |
| Q4 25 | 1.90× | 0.73× | ||
| Q3 25 | 1.21× | 0.60× | ||
| Q2 25 | 1.21× | 0.57× | ||
| Q1 25 | 1.16× | 0.57× | ||
| Q4 24 | 1.43× | 0.46× | ||
| Q3 24 | 1.90× | 0.37× | ||
| Q2 24 | 1.21× | 0.32× | ||
| Q1 24 | 1.08× | 0.34× |
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 | $2.8M | $28.8M |
| Free Cash FlowOCF − Capex | — | $-78.6M |
| FCF MarginFCF / Revenue | — | -85.8% |
| Capex IntensityCapex / Revenue | — | 117.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-257.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.8M | $28.8M | ||
| Q3 25 | $-7.3M | $30.7M | ||
| Q2 25 | $935.0K | $20.9M | ||
| Q1 25 | $2.1M | $20.5M | ||
| Q4 24 | $-2.1M | $20.6M | ||
| Q3 24 | $1.2M | $24.3M | ||
| Q2 24 | $-13.1M | $2.5M | ||
| Q1 24 | $-132.0K | $15.2M |
| Q4 25 | — | $-78.6M | ||
| Q3 25 | $-7.3M | $-51.4M | ||
| Q2 25 | — | $-65.3M | ||
| Q1 25 | — | $-62.7M | ||
| Q4 24 | — | $-72.0M | ||
| Q3 24 | $1.2M | $-51.3M | ||
| Q2 24 | — | $-78.3M | ||
| Q1 24 | — | $-54.9M |
| Q4 25 | — | -85.8% | ||
| Q3 25 | -15.6% | -57.2% | ||
| Q2 25 | — | -73.7% | ||
| Q1 25 | — | -71.3% | ||
| Q4 24 | — | -84.3% | ||
| Q3 24 | 1.9% | -58.5% | ||
| Q2 24 | — | -91.3% | ||
| Q1 24 | — | -79.3% |
| Q4 25 | — | 117.2% | ||
| Q3 25 | 0.0% | 91.4% | ||
| Q2 25 | — | 97.3% | ||
| Q1 25 | — | 94.7% | ||
| Q4 24 | — | 108.4% | ||
| Q3 24 | 0.0% | 86.2% | ||
| Q2 24 | — | 94.2% | ||
| Q1 24 | — | 101.2% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.07× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FLNT
| Commerce Media Solutions | $34.7M | 56% |
| Owned And Operated | $21.3M | 34% |
| Call Solutions | $3.8M | 6% |
| Ad Parlor | $2.0M | 3% |
SHEN
| Residential And SMB Incumbent Broadband | $41.5M | 45% |
| Residential And SMB Glo Fiber Expansion Markets | $23.0M | 25% |
| Commercial Fiber | $20.3M | 22% |
| RLEC Other | $6.8M | 7% |
