Bright Mountain Media (BMTM) AI Stock Analysis

• Market Cap: $892.20K
• Dividend Yield: N/A
• Average Volume (3M): 885.00
• Price to Earnings (P/E): ―
• Beta (1Y): -0.02
• Revenue Growth: 10.73%
• EPS Growth: 28.69%
• Country: US
• Employees: 119
• Sector: Communication Services
• Sector Strength: 97
• Industry: Internet Content & Information
• EPS (TTM): -0.02
• Shares Outstanding: 178,440,340
• 10 Day Avg. Volume: 2,000
• 30 Day Avg. Volume: 885
• PEG Ratio: <0.01
• Price to Book (P/B): -0.09
• Price to Sales (P/S): 0.11
• P/FCF Ratio: 3.21
• Enterprise Value/Market Cap: 91.55
• Enterprise Value/Revenue: 1.35
• Enterprise Value/Gross Profit: 4.78
• Enterprise Value/Ebitda: 115.04
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: $0.01 ▲(0.00% Upside)
• Action: Upgraded Date: 01/08/26
• Date: Action: Upgraded 01/08/26

The score is primarily constrained by very weak financial performance, driven by steep revenue decline, persistent losses, and a highly stressed balance sheet with negative equity. Limited technical data prevents a stronger trend-based view, while valuation is also pressured by a negative P/E and no dividend yield data.

Positive Factors

Diversified Monetization Model

Multiple monetization channels—display ads, sponsored content, affiliate marketing, programmatic sales and syndication partnerships—provide durable revenue diversification. This reduces dependence on any single ad format or partner and supports steadier cash flows across advertising cycles.

Content and Engagement Focus

A strategic emphasis on high‑quality content and platform technology builds audience assets that endure beyond short cycles. Strong engagement drives repeat traffic, higher CPMs, and better partner economics, supporting sustainable advertising and affiliate revenue over multiple quarters.

Cash Generation Efficiency

FCF roughly matching net income shows the company converts reported results into cash relatively efficiently despite losses. That operating cash resilience gives management runway to restructure, invest in traffic acquisition, or service near‑term obligations without immediate reliance on dilutive financing.

Negative Factors

Sharp Revenue Decline

A 34.7% TTM revenue decline signals structural demand loss or market share erosion. Sustained top‑line contraction undermines scale economics, compresses margins, and forces cost or content cuts that can further weaken audience and long‑term monetization prospects.

Highly Stressed Balance Sheet

Negative equity and liabilities exceeding assets indicate deep financial leverage and solvency stress. This condition restricts capital raising, raises refinancing costs, and increases default risk, limiting strategic flexibility and investment capacity over the coming months.

Reliance on Lender Financing and Dilution Risk

Deferring payments and issuing equity to a key lender—raising its stake to ~26.4%—highlights dependence on creditor concessions and growing lender influence. Large near‑term maturities and refinancing needs create solvency, dilution and governance risks that threaten autonomy and continuity.

Bright Mountain Media Business Overview & Revenue Model

Company Description

Bright Mountain Media, Inc., owns and manages websites in the United States. The company operates websites, which provides products, information, and news, to military, public safety sectors, law enforcement, first responders, and other public safety employees. It owns parenting and lifestyle domains, such as CafeMom, Mom.com, LittleThings, Revelist, BabyNameWizard, and MamasLatinas. In addition, the company offers data-driven technology solutions, video content and advertising solutions, and OTT/CTC publishing services. It serves advertisers, advertising agencies, and advertising service organizations. The company was formerly known as Bright Mountain Acquisition Corporation and changed its name to Bright Mountain Media, Inc. in December 2015. Bright Mountain Media, Inc. was founded in 2010 and is based in Boca Raton, Florida.

How the Company Makes Money

Bright Mountain Media generates revenue through multiple streams, primarily from digital advertising and content syndication. The company monetizes its websites through display ads, sponsored content, and affiliate marketing, partnering with various brands and advertisers to reach targeted audiences. Additionally, BMTM engages in programmatic advertising, utilizing automated systems to sell ad space efficiently. The company's strategic partnerships with content creators and other media outlets allow it to expand its reach and enhance its content offerings, which in turn drives traffic and increases advertising revenue. Overall, BMTM's focus on high-quality content and user engagement plays a crucial role in its financial success.

Bright Mountain Media Financial Statement Overview

Summary

Financial health is very weak: revenue growth is sharply negative (-34.7% TTM), profitability is deeply negative (net margin -23.6% with negative EBIT/EBITDA margins), and the balance sheet shows negative equity with liabilities exceeding assets. Cash flow has some relative positives (FCF to net income near 1), but FCF growth is negative (-23%) and operating cash conversion is low (OCF to net income 0.097).

Income Statement

Bright Mountain Media's income statement reveals significant challenges. The company has experienced a substantial decline in revenue growth, with a negative growth rate of -34.7% in the TTM period. Profitability metrics are concerning, with a negative net profit margin of -23.6% and negative EBIT and EBITDA margins, indicating operational inefficiencies. Despite a slight improvement in gross profit margin to 28.3%, the overall financial health remains weak.

Balance Sheet

The balance sheet shows a precarious financial position. The company has a negative stockholders' equity, leading to a negative debt-to-equity ratio of -1.11, highlighting high leverage and financial instability. Although the return on equity is positive at 22.1%, it is primarily due to the negative equity base, which is not sustainable. The equity ratio is also negative, indicating that liabilities exceed assets.

Cash Flow

Cash flow analysis indicates some positive aspects, with a free cash flow to net income ratio close to 1, suggesting efficient cash generation relative to net losses. However, the free cash flow growth rate is negative at -23%, and the operating cash flow to net income ratio is low at 0.097, pointing to challenges in converting income into cash.

Breakdown	TTM	Dec 2024	Mar 2024	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	60.62M	56.68M	44.55M	19.58M	12.92M	15.84M
Gross Profit	17.08M	16.46M	12.78M	9.09M	6.60M	7.93M
EBITDA	710.00K	-2.25M	-23.70M	-2.25M	-8.10M	-69.00M
Net Income	-13.94M	-17.02M	-35.56M	-8.13M	-14.27M	-72.71M
Balance Sheet
Total Assets	37.62M	41.97M	43.42M	29.20M	31.56M	36.53M
Cash, Cash Equivalents and Short-Term Investments	553.00K	2.55M	4.00M	316.00K	781.32K	736.05K
Total Debt	81.34M	75.06M	64.71M	30.35M	24.26M	19.46M
Total Liabilities	110.98M	105.20M	90.08M	43.27M	38.29M	33.01M
Stockholders Equity	-73.37M	-63.23M	-46.66M	-14.07M	-6.72M	3.51M
Cash Flow
Free Cash Flow	2.64M	1.86M	-4.67M	-3.13M	-5.93M	-6.52M
Operating Cash Flow	2.68M	1.88M	-4.66M	-3.12M	-5.93M	-6.51M
Investing Cash Flow	-40.00K	-110.00K	-14.00K	-14.00K	-237.00	1.64M
Financing Cash Flow	-2.70M	-1.36M	8.35M	2.66M	5.97M	4.65M

Bright Mountain Media Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
BODI	50 Neutral	$61.52M	-1.40	-102.66%	―	-37.41%	60.58%
KRKR	49 Neutral	$6.45M	-1.05	-35.00%	―	―	―
LCFY	47 Neutral	$8.26M	-2.38	―	―	―	―
SLE	46 Neutral	$4.61M	>-0.01	-2074.24%	―	-48.05%	88.88%
ONFO	43 Neutral	$2.94M	-1.08	-63.02%	―	70.54%	22.59%
BMTM	41 Neutral	$892.20K	-0.13	32.14%	―	10.73%	28.69%

Bright Mountain Media Corporate Events

Bright Mountain Media Defers Loan Payments, Issues Equity

On December 31, 2025, Bright Mountain Media and its lenders executed a Twenty-Fourth Amendment to the company’s Amended and Restated Senior Secured Credit Agreement, deferring both the quarterly principal installment and the interest payment on the Second Out Loans that had been due that day until March 31, 2026, for a combined deferred amount of about $600,000. As consideration, the company agreed to issue 2,870,792 common shares—representing 1.5% of fully diluted pro forma ownership as of December 31, 2025—to Centre Lane Partners, increasing Centre Lane’s beneficial ownership to approximately 26.4%, while leaving Bright Mountain with about $2.2 million due under the facility on March 31, 2026 and approximately $90.5 million due at the credit agreement’s maturity on December 20, 2026, underscoring its ongoing reliance on this financing structure and the growing influence of its key lender.