Bright Mountain Media Inc

brightmountainmedia.com

What Do They Do?

Publishes digital content and provides digital advertising and marketing services, including consumer research and campaign work, to brands and advertising agencies.

How Do They Make Money?

It earns from ads placed on its own and partner websites, ad-exchange fees, campaign planning and execution, and integrated research. Depending on the contract, customers are charged when a service is delivered or as work progresses.

revenue

Segment	Share	Revenue
Digital publishing	2.5% FY2022: 41%
Advertising technology	37% FY2022: 59%
Consumer insights	45% FY2022: 0.0%
Creative services	14% FY2022: 0.0%
Media services	1.7% FY2022: 0.0%

Who Are Their Customers?

Customers are advertisers, advertising agencies and advertising service organizations.

Customers above 10% of revenue, FY2025

of revenue from two customers (14%, 12%)

FY2024: 12% from one customer

Do Revenues Turn Into Profits?

Not on paper. It lost $13.5M in FY2025, but brought in more cash than it spent: $1.2M of free cash flow.

Operating income, FY2025

−2% of revenue

▼ −71% (Loss) vs FY2024 (−$4.9M, −9%)

Net income, FY2025

−23% of revenue

▼ −21% (Loss) vs FY2024 (−$17M, −30%)

Free cash flow, FY2025

2% of revenue

▼ −37% vs FY2024 ($1.9M, 3%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▼ −12%; vs $15.4M in Q2 FY2025
Net income: ▼ −22% (Loss); vs −$4.1M in Q2 FY2025

Consumer insights share of revenue vs 47.6% in Q2 FY2025

Sep 23, 2026 Replaces its independent auditor It engaged Grassi to review quarterly financial statements and audit annual financial statements.
May 6, 2026 Appoints a new CFO after the prior CFO's departure The CEO took over as interim principal financial and accounting officer after the departure.
Apr 16, 2026 Moves trading from OTCQB to OTCID The company failed to regain the OTCQB bid-price requirement and began trading on OTCID.

Growing. Revenue grew 4.6x in 4 years, from $12.9M in FY2021 to $59.2M in FY2025, about 46% a year.

Broader marketing services The earlier report centers on digital publishing and advertising technology; the latest adds consumer insights, creative services and media services to a broader marketing-services offering.

Revenue over time

Digital publishing Advertising technology Consumer insights Creative services Media services

$100M$50M$0

FY2021 FY2022 FY2023 FY2024 FY2025

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