Quality Investor

MNTN, Inc.

Rank #63Hypergrowth

MNTN · NYSE · Technology

MNTN, Inc. (MNTN) — Rank #63 by gross profitability (GP/assets 0.56) · ROE -1.9% · Piotroski F-Score 5 / 9.

As-of 2026-09-15 · CIK 0001891027 · all metrics point-in-time as of the filing date.

About

MNTN, Inc. operates a technology platform that brings performance marketing to Connected TV.

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Its self-serve technology makes running TV ads as easy as search and social and helps brands to drive measurable conversions, revenue, site visits, and more. The company was formerly known as MNTN Digital, Inc. and changed its name to MNTN, Inc. in 2022. MNTN, Inc.

was incorporated in 2009 and is headquartered in Austin, Texas.

Industry
Software - Application
Sector
Technology
State
DE
Filer Category
Non-accelerated filerEmerging growth company
Fiscal Year End
December 31

Price History

MNTN-55.1% · -46.0% CAGRSPY+32.9% · +24.4% CAGR

Company Snapshot

P/S is the primary valuation lens — earnings are reinvested, not available for P/E.

Market Cap

$887.17M

P/E (annual)

P/S (annual)

3.1

P/B

2.7

P/OCF (annual)

15.7

Shareholder Yield

-268.5%

Employees

451

Industry

Software - Application

Exchange

NYSE

Signal Flags

1 green1 yellow
Sequential beat (rev + EPS)Both revenue and EPS exceeded prior quarter — 1-quarter streak
Dilution above 2%Annual share count increase exceeds 2%. May be acceptable for high-growth companies funding talent via stock compensation

Quality Profile

Profitability

1/1 pass
GP / assets
0.56
Return on equity
-1.9%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
0.20
Current ratio
4.86×
Net cash
$237.28M

Cash Flow

1/1 pass
Positive FCF
N/A
Cash-backed earnings
N/A
Accruals healthy
PASS
SBC / revenue
10.9%

Growth

1/2 pass
Revenue growth
28.6%
Piotroski F-Score
5 / 9
Share dilution
268.5%

Terry Smith quality gate

Passes 1/5 Terry Smith thresholds

2 of 5 thresholds not computable from filed data.

Revenue growth and the path to profitability (margin trend) are the primary reads at this stage.

Profitability

Gross profitability (GP / assets)

0.56

Primary signal (Novy-Marx).

80th pctl of 98 SIC 73 peers

Return on equity

-1.9%

Gross margin

77.2%

73rd pctl of 97 SIC 73 peers

Revenue growth (YoY)

28.6%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

20242025
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Anti-fragile safety

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

0.20

90th pctl of 87 SIC 73 peers (best = lowest)

Current ratio

4.86×

91st pctl of 97 SIC 73 peers

Quick ratio

4.64×

Net cash

$237.28M

Cash & equivalents minus total debt.

Cash-flow health

Free cash flow

Operating cash flow minus capex.

Positive free cash flow

N/A

FCF / net income

Cash-backing of earnings.

FCF/NI divergence

Unfavorable divergence (yellow flag).

N/A

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

10.9%

Stock-based comp intensity.

Piotroski F-Score

F-Score

5 / 9

Fundamental-strength score (0-9).

Lifecycle Phase History

20242025
Hypergrowth