US EditionFluent posts $40M loss for 2024 despite New York entry, other expansion efforts
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Fluent posts $40M loss for 2024 despite New York entry, other expansion efforts
Florida-based Fluent Corp. (CSE: FNT.U) (OTCQB: CNTMF) posted a $40.3 million net loss for the 2024 calendar year against $103.5 million in net revenues, the company reported on Thursday after U.S. markets closed. The annual loss was up 78% year-over-year from the $22.7 million net loss reported in 2023, which CEO Robert Beasley didn’t bother addressing in a press release. Rather, Beasley said the company is “positioning ourselves for continued …
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