Forward-Looking Statements Deck slide image

Forward-Looking Statements Deck

Annual: $52.2 2016 $68.9 $92.2 2017 +21.4% CAGR - FY 2016-2019P(3) 2018 Media Margin(¹) ($ mil.) $94.0 $93.0 2019p (2) Quarterly: $30.0 $25.0 $20.0 $15.0 $10.0 $5.0 $- $10.9 $11.4 $13.1 $16.8 $15.2 $18.3 $15.7 $19.7 $19.3 $22.0 $25.8 $25.1 $23.1 $22.9 $21.3 $26.7 $25.7 ($ mil.) 45% 40% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 16 16 16 16 17 17 17 17 18 18 18 18 19 19 19 19p (2) 35% 30% 25% 20% 15% 10% 5% 0% (1) For the definition of Media Margin and a reconciliation to net (loss) income from continuing operations, its most directly comparable financial measure presented in accordance with GAAP, see the Appendix hereto. (2) Preliminary figures per Form 8-K and press release dated January 14, 2020. FY CAGR based on mid-point of FY 2019 preliminary figures. Fluent is not able to provide a reconciliation of projected media margin to the most directly comparable expected GAAP results due to the unknown effect, timing and potential significance of certain operating costs and expenses, share-based compensation expense, depreciation and amortization expense, interest expense (net), and the provision for (benefit from) income taxes. FLUENT % Margin
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