secwatch.observer — SEC 8-K summary
======================================

Issuer:     MNTN, Inc. (MNTN)
CIK:        0001891027
Form:       8-K
Filed at:   2025-11-04T23:59:59+00:00
Accession:  0001891027-25-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MNTN Q3 revenue $70M (+31% YoY), net income $6.4M, adjusted EBITDA $16M (+53%)
------------------------------------------------------------------------------

- Revenue of $70.0M (adj. for Maximum Effort divestiture), up 31% YoY; GAAP revenue up 23% YoY.
- Net income $6.4M vs loss of $3.9M in Q3 2024; adjusted EBITDA $16.0M, up 53% YoY.
- Gross margin improved to 79% from 72% in Q3 2024, up 720 bps.
- Active PTV customers (TTM) grew 67% YoY to 3,316.
- Q4 2025 revenue guidance $85.5-86.5M; adjusted EBITDA guidance $25-26M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1891027/000189102725000019/0001891027-25-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1891027/000189102725000019/mntn-20251104.htm
  HTML page:      https://secwatch.observer/filing/0001891027-25-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer