MNTN Inc. (MNTN) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	313.3M	290.1M	225.6M	176.3M	134.2M
Cost of Revenue	61.0M	68.8M	64.1M	52.9M	61.8M
Gross Profit	252.4M	221.3M	161.5M	123.4M	72.4M
Operating Expenses
R&D Expense	59.9M	49.2M	32.7M	27.9M	16.0M
SG&A Expense	145.8M	148.0M	127.9M	128.3M	138.0M
General & Admin Expense	49.1M	57.7M	51.8M	55.4M	66.1M
Selling & Marketing Expense	96.7M	90.4M	76.1M	72.8M	71.8M
Other Expenses	2.0M	—	2.6M	13.4M	13.7M
Total Operating Expenses	207.6M	197.3M	163.2M	169.5M	167.7M
Cost and Expenses	268.6M	266.0M	227.2M	222.4M	229.4M
Operating Income (EBIT)	44.7M	24.0M	(1.6M)	(46.1M)	(95.2M)
Non-Operating
Interest Income	7.9M	—	—	—	—
Interest Expense	—	3.5M	6.9M	10.1M	1.4M
Net Interest Income	7.9M	(3.5M)	(6.9M)	(10.1M)	(1.4M)
Other Non-Op Income/Expense	9.7M	(40.0M)	(25.4M)	(6.6M)	765.0K
Non-Operating Income (excl Interest)	(9.7M)	36.6M	18.5M	(3.5M)	(2.2M)
EBT (Pre-Tax Income)	54.4M	(16.0M)	(27.1M)	(52.7M)	(94.5M)
Income Tax Expense	(2.0M)	(9.6M)	5.8M	577.0K	(1.0K)
Bottom Line
Net Income	56.4M	(6.4M)	(32.9M)	(53.3M)	(94.5M)
Earnings from Cont. Ops	56.4M	(6.4M)	(32.9M)	(53.3M)	(94.5M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	56.4M	(6.4M)	(32.9M)	(53.3M)	(94.5M)
Per Share
Basic EPS	$0.77	($0.09)	($0.43)	($0.69)	($1.23)
Diluted EPS	$0.71	($0.08)	($0.43)	($0.69)	($1.23)
Revenue Per Share	$4.24	$3.93	$2.93	$2.29	$1.74
Shares
Basic Shares Outstanding	73.9M	73.9M	77.0M	77.0M	77.0M
Diluted Shares Outstanding	78.6M	79.3M	77.0M	77.0M	77.0M
Profitability Metrics
EBITDA	72.2M	(2.6M)	(11.8M)	(25.3M)	(76.2M)
D&A	17.8M	9.9M	8.3M	17.3M	16.8M
EBIT	54.4M	(12.5M)	(20.2M)	(42.6M)	(93.0M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026