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Bright Mountain Media

BMTM
23
Internet Content & Information · Communication Services
Price
$0.01
+0.00 (+21.79%)
Market Cap
$1.8M
Winston Score
23
Winston is worried
Weak fundamentals across most pillars.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Weak
Growth
Good
Cash Flow
Weak
Stability
Weak
Valuation
Data not available

Share count rising — dilution

+37.8% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 128.2M (2021) → 176.5M (2025)

Winston Score History

The full picture

Bright Mountain Media is a small digital media company that connects advertisers with online audiences, primarily through websites and content platforms aimed at military veterans and government employees. The company owns and operates a network of web properties and uses them to deliver targeted digital advertising to niche communities that are hard for mainstream advertisers to reach on their own.

The company makes money mainly by selling digital advertising space to brands that want to reach its specific audience segments. It operates primarily in the United States and, with a market cap near zero, is considered a micro-cap company with very limited scale compared to larger digital media players. Its narrow focus on the veteran and government workforce community gives it some audience differentiation, but its tiny size means it has little pricing power and depends heavily on advertiser demand — making revenue vulnerable to any pullback in digital ad spending.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-11.5% YoY

YoY Growth Rate

Revenue declining

EPS Growth

+13.8% YoY

YoY Growth Rate

Steady EPS growth

R&D Spend

$0/ year

0.0% of revenue

Below sector average (12%)

Research and development spending

Insider Activity

23.6%ownership

Flat

Insider ownership roughly steady over the past year

Cash Runway

~8 months

$1M cash & investments

Quarterly Free Cash Flow

→ Burn rate stable

Short runway — potential dilution ahead through share issuance

Cash watch

Bright Mountain Media has less than a year of cash at its current burn rate. Growth investors should watch for potential share dilution from future fundraising — that directly reduces your ownership.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

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Quality

Profit per sale
Gross Margin
17.7%
Thin — 17.7% gross margin
Profit after running costs
Operating Margin
-0.7%
Losing money on operations — -0.7%
Return on the money invested
ROCE
-1.3%
Weak — -1.3% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

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Growth

Sales growth
Sales YoY
-5.9%
Shrinking sales (-5.9% YoY)
Profit growth
EPS YoY
N/A
Data not available
How steady the profit is
EPS Consistency
8/8 quarters
Every recent quarter grew earnings vs last year

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Cash Flow

Profit that turns into cash
Cash Conversion
N/A
Data not available
Spare cash per sale
FCF Margin
-1.1%
Burning cash (-1.1%)

Free cash flow is negative. They are burning cash, not generating it.

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Stability

What it owes vs what it owns
Debt / Equity
N/A
Data not available
Covers its interest
Interest Cover
0.38x
Dangerous — barely covers interest (0.4x)

Interest coverage below 1. Their profits don't cover the interest bill.

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Valuation

Price vs profit
P/E Ratio (TTM)
N/M
Negative earnings — P/E not meaningful
Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

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Dividends

Not applicable for this business.
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