MNTN posts FY 2025 net loss of USD 6.43 million, down 80.5%

Reuters
Feb 19
MNTN posts FY 2025 net loss of USD 6.43 million, down 80.5%

MNTN reported FY 2025 revenue of USD 290.09 million (+28.6%) and a net loss of USD 6.43 million, compared with a net loss margin of (2.2)%. Adjusted EBITDA was USD 67.99 million, with an Adjusted EBITDA margin of 23.4%. Operating income was USD 24.04 million. Net cash provided by operating activities was USD 56.47 million, and cash and cash equivalents totaled USD 210.20 million as of December 31, 2025. For business highlights, MNTN said PTV Customers rose to 3,632 in the twelve months ended December 31, 2025 (+63.2%), supported by continued adoption of its performance TV (PTV) self-serve CTV platform and expansion in the SMB segment. The company also noted it completed its IPO on May 23, 2025, generating net proceeds of USD 114.80 million, and entered an amended revolving credit facility on December 8, 2025 that provides up to USD 50.00 million initially, with an option to request up to an additional USD 30.00 million; there were no borrowings outstanding under the facility as of year-end.

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