TNL Mediagene(TNMG)Earnings, Financials & Key Ratios
TNMG•NASDAQ
$1.07
$1M mkt cap·Price updated May 6, 2026
SectorCommunication ServicesIndustryAdvertising & MarketingSub-IndustryAdvertising and marketing holding companies
AboutTNL Mediagene engages in digital advertising, integrated marketing, marketing survey, artificial intelligence technology, data analysis, content service platform, and production of audio-visual programs. It operates media, technology, and digital studio businesses primarily in Japan and Taiwan.Show more
- Revenue$48M+35.3%
- EBITDA-$73M-1503.1%
- Net Income-$85M-10459.9%
- EPS (Diluted)-69.20-10612.1%
- Gross Margin36.58%+3.6%
- EBITDA Margin-150.75%-1084.8%
- Operating Margin-157.43%-662.9%
- Net Margin-175.29%-7704.2%
- ROE-156.3%-4582.4%
- ROIC-80.18%-375.4%
- Debt/Equity0.64+161.4%
- Interest Coverage-9.35+62.2%
TNMG Key Insights
TNL Mediagene (TNMG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Trading at only 0.0x book value
✗Weaknesses
- ✗Negative free cash flow
- ✗Low quality earnings: Net income not backed by cash flow
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
TNMG Price & Volume
TNL Mediagene (TNMG) stock price & volume — 10-year historical chart
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TNMG Growth Metrics
TNL Mediagene (TNMG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years-59.18%
5 Years-59.18%
3 Years-59.18%
Last Year-98.74%
TNMG Recent Earnings
TNL Mediagene (TNMG) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 0/8 qtrs (0%)●Beat Revenue 0/8 qtrs (0%)
Q4 2025Latest
Oct 6, 2025EPS
$3.00
Est $1.00
-200.0%
Revenue
$22M
Est $27M
-20.1%
Q3 2025
Jun 30, 2025EPS
$1.53
Est $0.05
-2956.0%
Revenue
$22M
Est $27M
-20.1%
Q2 2025
Mar 31, 2025EPS
$1.64
Revenue
$11M
Q4 2024
Dec 31, 2024EPS
$60.53
Revenue
$28M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q4 2025Latest | Oct 6, 2025 | $3.00vs $1.00-200.0% | $22Mvs $27M-20.1% |
| Q3 2025 | Jun 30, 2025 | $1.53vs $0.05-2956.0% | $22Mvs $27M-20.1% |
| Q2 2025 | Mar 31, 2025 | $1.64 | $11M |
| Q4 2024 | Dec 31, 2024 | $60.53 | $28M |
Based on last 8 quarters of dataView full earnings history →
TNMG Peer Comparison
TNL Mediagene (TNMG) competitors in Advertising and marketing holding companies — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 BZFD | 32.41M | 0.87 | -0.57 | -2.43% | -31.16% | -75.23% | 1.71 | |
 ZETA | 3.8B | 17.24 | -123.14 | 29.72% | -1.61% | -3.04% | 0.24 | |
 AMWL | 119.11M | 7.15 | -1.20 | -1.98% | -48.16% | -33.48% | 0.02 | |
 IAC | 3.14B | 42.25 | -31.77 | -37.14% | 1.82% | 0.85% | 0.30 | |
 NWSA | 14.93B | 26.20 | 12.66 | 2.42% | 12.19% | 11.4% | 0.31 | |
 NYT | 13.55B | 83.66 | 40.03 | 9.24% | 13.18% | 19.22% | 0.02 | |
 CNET | 1.99M | 0.75 | -0.40 | -49.52% | -33.36% | -60.34% | 0.03 | |
 GOOGL | 4.81T | 397.82 | 36.80 | 15.13% | 37.91% | 38.98% | 0.14 |
Compare TNMG vs Peers
TNL Mediagene (TNMG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
TNMG Income Statement
TNL Mediagene (TNMG) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|
| Sales/Revenue | 20.01M | 35.84M | 48.49M | 81.17M |
| Revenue Growth % | - | 79.1% | 35.31% | - |
| Cost of Goods Sold | 12.27M | 23.19M | 30.76M | 45.55M |
| COGS % of Revenue | 61.31% | 64.7% | 63.42% | - |
| Gross Profit | 7.74M▲ 0% | 12.65M▲ 63.4% | 17.74M▲ 40.2% | 24.73M▲ 0% |
| Gross Margin % | 38.69% | 35.3% | 36.58% | 30.46% |
| Gross Profit Growth % | - | 63.43% | 40.21% | - |
| Operating Expenses | 11.16M | 20.05M | 94.08M | 84M |
| OpEx % of Revenue | 55.76% | 55.94% | 194.01% | - |
| Selling, General & Admin | 8.65M | 16.42M | 62M | 72.92M |
| SG&A % of Revenue | 43.22% | 45.82% | 127.86% | - |
| Research & Development | 2.51M | 3.33M | 3.05M | 4.77M |
| R&D % of Revenue | 12.54% | 9.28% | 6.29% | - |
| Other Operating Expenses | 0 | 298.42K | 29.03M | 1000K |
| Operating Income | -3.42M▲ 0% | -7.4M▼ 116.5% | -76.34M▼ 932.3% | -55.78M▲ 0% |
| Operating Margin % | -17.07% | -20.64% | -157.43% | -68.72% |
| Operating Income Growth % | - | -116.46% | -932.29% | - |
| EBITDA | -1.93M | -4.56M | -73.1M | -50.91M |
| EBITDA Margin % | -9.62% | -12.72% | -150.75% | -62.72% |
| EBITDA Growth % | - | -136.88% | -1503.13% | - |
| D&A (Non-Cash Add-back) | 1.49M | 2.84M | 3.24M | 4.87M |
| EBIT | -11.51M | -1.51M | -77.16M | -82.76M |
| Net Interest Income | -126.03K | -279.62K | -8.15M | -8.75M |
| Interest Income | 10.99K | 19.34K | 21.77K | -170.95K |
| Interest Expense | 137.03K | 298.96K | 8.17M | 8.58M |
| Other Income/Expense | -8.23M | 5.59M | -8.94M | -36.06M |
| Pretax Income | -11.64M▲ 0% | -1.81M▲ 84.5% | -85.28M▼ 4620.0% | -91.83M▲ 0% |
| Pretax Margin % | -58.18% | -5.04% | -175.87% | -113.14% |
| Income Tax | -247.18K | -591.08K | -307.25K | -329.73K |
| Effective Tax Rate % | 2.12% | 32.71% | 0.36% | 0.36% |
| Net Income | -11.01M▲ 0% | -804.98K▲ 92.7% | -85M▼ 10459.9% | -89.33M▲ 0% |
| Net Margin % | -55.04% | -2.25% | -175.29% | -110.05% |
| Net Income Growth % | - | 92.69% | -10459.89% | - |
| Net Income (Continuing) | -11.39M | -1.22M | -84.98M | -89.3M |
| Discontinued Operations | 0 | 0 | 0 | 0 |
| Minority Interest | 1.17M | -252.71K | 4.62K | 531 |
| EPS (Diluted) | -8.80▲ 0% | -0.65▲ 92.7% | -69.20▼ 10612.1% | -63.16▲ 0% |
| EPS Growth % | - | 92.66% | -10612.07% | - |
| EPS (Basic) | -8.80 | -0.65 | -69.20 | - |
| Diluted Shares Outstanding | 1.25M | 1.25M | 1.23M | 1.41M |
| Basic Shares Outstanding | 1.25M | 1.25M | 1.23M | 1.41M |
| Dividend Payout Ratio | - | - | - | - |
TNMG Balance Sheet
TNL Mediagene (TNMG) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|
| Total Current Assets | 11.07M | 16.85M | 17.72M | 10.45M |
| Cash & Short-Term Investments | 3.91M | 3.03M | 3.65M | 1.9M |
| Cash Only | 3.73M | 3.03M | 3.65M | 1.61M |
| Short-Term Investments | 179.09K | 47.22K | 0 | 284.65K |
| Accounts Receivable | 6.53M | 12.77M | 12.42M | 6.59M |
| Days Sales Outstanding | 119.11 | 130.07 | 93.45 | 36.74 |
| Inventory | 1.31K | 115.62K | 87.83K | 80.83K |
| Days Inventory Outstanding | 0.04 | 1.82 | 1.04 | 0.77 |
| Other Current Assets | 38.03K | 71.73K | 253.64K | 301.36K |
| Total Non-Current Assets | 15.46M | 102.76M | 75.19M | 75.6M |
| Property, Plant & Equipment | 781.71K | 6.68M | 5.61M | 5.51M |
| Fixed Asset Turnover | 25.60x | 5.37x | 8.64x | 14.58x |
| Goodwill | 9.67M | 60.74M | 33.96M | 34.73M |
| Intangible Assets | 4.5M | 33.41M | 30.98M | 30.25M |
| Long-Term Investments | 113.97K | 156.77K | 148.93K | 5.23M |
| Other Non-Current Assets | 336.81K | 1.13M | 3.93M | 10.24M |
| Total Assets | 26.53M▲ 0% | 119.62M▲ 350.8% | 92.92M▼ 22.3% | 86.05M▲ 0% |
| Asset Turnover | 0.75x | 0.30x | 0.52x | 0.86x |
| Asset Growth % | - | 350.8% | -22.32% | -44.82% |
| Total Current Liabilities | 45.87M | 24.9M | 32.99M | 27.62M |
| Accounts Payable | 2.06M | 4.94M | 4.9M | 3.27M |
| Days Payables Outstanding | 61.28 | 77.72 | 58.14 | 26.81 |
| Short-Term Debt | 3.13M | 8.51M | 11.86M | 9.1M |
| Deferred Revenue (Current) | 680.72K | 988.75K | 578.22K | 1.15M |
| Other Current Liabilities | 35.55M | 2.6M | 5.65M | 8.32M |
| Current Ratio | 0.24x | 0.68x | 0.54x | 0.54x |
| Quick Ratio | 0.24x | 0.67x | 0.53x | 0.53x |
| Cash Conversion Cycle | 57.88 | 54.17 | 36.35 | 10.7 |
| Total Non-Current Liabilities | 4.8M | 22.35M | 23.52M | 23.57M |
| Long-Term Debt | 2.88M | 3.12M | 6.27M | 6.22M |
| Capital Lease Obligations | 338.98K | 5.01M | 4.11M | 16.67M |
| Deferred Tax Liabilities | 852.5K | 10.94M | 10.35M | 21.08M |
| Other Non-Current Liabilities | 728.52K | 3.27M | 2.79M | 32.45M |
| Total Liabilities | 50.67M | 47.25M | 56.51M | 51.19M |
| Total Debt | 6.71M | 17.59M | 23.14M | 20.24M |
| Net Debt | 2.98M | 14.56M | 19.49M | 18.63M |
| Debt / Equity | - | 0.24x | 0.64x | 0.64x |
| Debt / EBITDA | - | - | - | -0.40x |
| Net Debt / EBITDA | - | - | - | -0.37x |
| Interest Coverage | -24.93x | -24.74x | -9.35x | -9.64x |
| Total Equity | -24.14M▲ 0% | 72.37M▲ 399.8% | 36.4M▼ 49.7% | 34.86M▲ 0% |
| Equity Growth % | - | 399.83% | -49.7% | -149.04% |
| Book Value per Share | -19.35 | 58.02 | 29.67 | 24.65 |
| Total Shareholders' Equity | -25.3M | 72.62M | 36.4M | 34.86M |
| Common Stock | 8.33K | 21.88K | 2.61K | 3K |
| Retained Earnings | -31.4M | -32.2M | -117.21M | -121.53M |
| Treasury Stock | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | -803.91K | -1.1M | -1.94M |
| Minority Interest | 1.17M | -252.71K | 4.62K | 531 |
TNMG Cash Flow Statement
TNL Mediagene (TNMG) cash flow — operating, investing & free cash flow history
| Line item | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|
| Cash from Operations | -760.11K | -1.42M | -10.21M | -10.21M |
| Operating CF Margin % | -3.8% | -3.97% | -21.06% | - |
| Operating CF Growth % | - | -87.41% | -616.9% | -1211.73% |
| Net Income | -11.64M | -1.81M | -85M | -89.33M |
| Depreciation & Amortization | 1.49M | 2.84M | 3.24M | 4.87M |
| Stock-Based Compensation | 237.3K | 118.8K | 250.95K | 818.5K |
| Deferred Taxes | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 7.68M | -5.39M | 75.41M | 71.82M |
| Working Capital Changes | 1.47M | 2.82M | -4.11M | -1.14M |
| Change in Receivables | 2.73M | -3.37M | 660.82K | 6.29M |
| Change in Inventory | -45 | 14.71K | 27.8K | 34.79K |
| Change in Payables | -1.96M | 1.97M | 88.73K | 88.73K |
| Cash from Investing | -2.36M | 252.74K | 947.95K | 216.1K |
| Capital Expenditures | -52.48K | -87.18K | -364.73K | -404.79K |
| CapEx % of Revenue | 0.26% | 0.24% | 0.75% | - |
| Acquisitions | -1.69M | 942.01K | 1.59M | 1.59M |
| Investments | - | - | - | - |
| Other Investing | -529.16K | -558.79K | 2.65K | -407.74K |
| Cash from Financing | 4.99M | 530.97K | 10M | 10.61M |
| Debt Issued (Net) | 1.89M | 401.38K | 4.38M | 6.98M |
| Equity Issued (Net) | 299.81K | 301.2K | 22.91K | 689.96K |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 |
| Other Financing | 2.81M | -171.61K | 5.59M | 2.94M |
| Net Change in Cash | 1.55M▲ 0% | -704.02K▼ 145.3% | 616.46K▲ 187.6% | -1.42M▲ 0% |
| Free Cash Flow | -1.04M▲ 0% | -1.68M▼ 61.6% | -10.3M▼ 512.0% | -12.18M▲ 0% |
| FCF Margin % | -5.21% | -4.7% | -21.24% | -15% |
| FCF Growth % | - | -61.57% | -512% | - |
| FCF per Share | -0.84 | -1.35 | -8.39 | -8.39 |
| FCF Conversion (FCF/Net Income) | 0.07x | 1.77x | 0.12x | 0.14x |
| Interest Paid | 0 | 0 | 0 | 275.97K |
| Taxes Paid | 0 | 0 | 0 | 0 |
TNMG Key Ratios
TNL Mediagene (TNMG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2023 | 2024 | TTM |
|---|---|---|---|
| Return on Equity (ROE) | -3.34% | -156.3% | -256.22% |
| Return on Invested Capital (ROIC) | -16.87% | -80.18% | -80.18% |
| Gross Margin | 35.3% | 36.58% | 30.46% |
| Net Margin | -2.25% | -175.29% | -110.05% |
| Debt / Equity | 0.24x | 0.64x | 0.64x |
| Interest Coverage | -24.74x | -9.35x | -9.64x |
| FCF Conversion | 1.77x | 0.12x | 0.14x |
| Revenue Growth | 79.1% | 35.31% | - |
TNMG Frequently Asked Questions
TNL Mediagene (TNMG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
TNL Mediagene (TNMG) reported $81.2M in revenue for fiscal year 2024. This represents a 306% increase from $20.0M in 2022.
TNL Mediagene (TNMG) grew revenue by 35.3% over the past year. This is strong growth.
TNL Mediagene (TNMG) reported a net loss of $89.3M for fiscal year 2024.
Dividend & Returns
TNL Mediagene (TNMG) has a return on equity (ROE) of -156.3%. Negative ROE indicates the company is unprofitable.
TNL Mediagene (TNMG) had negative free cash flow of $12.2M in fiscal year 2024, likely due to heavy capital investments.
Explore More TNMG
TNL Mediagene (TNMG) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
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Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates