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TNMG

TNL Mediagene

TNMG

TNL Mediagene • NASDAQ
$0.30 ▼ -9.04% (-0.03)
Market Cap $8.59 M
52w High $34.08
52w Low $0.25
Dividend Yield 0%
P/E -0.11
Volume 810.13K
Outstanding Shares 28.34M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2024 $27.888M ▲ $51.296M ▲ $-79.084M ▼ -283.574% ▼ $-3.03 ▼ $-69.793M ▼
Q2-2024 $20.605M ▼ $13.761M ▲ $-5.92M ▼ -28.731% ▼ $-0.23 ▼ $-4.085M ▼
Q4-2023 $26.888M ▲ $11.185M ▲ $-2.215M ▼ -8.238% ▼ $-0.085 ▼ $-598.171K ▼
Q2-2023 $9.012M $8.563M $1.41M 15.647% $0.054 $1.926M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2024 $3.693M ▲ $92.915M ▼ $56.511M ▲ $36.399M ▼
Q2-2024 $3.2M ▲ $111.03M ▼ $44.595M ▼ $66.685M ▼
Q4-2023 $3.078M $119.616M $47.249M $72.62M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2024 $-79.084M ▼ $-9.296M ▼ $1.207M ▲ $8.598M ▲ $510.201K ▲ $-9.333M ▼
Q2-2024 $-5.92M ▼ $-916.066K ▼ $-259.237K ▼ $1.399M ▲ $106.257K ▼ $-968.6K ▼
Q4-2023 $-2.215M ▼ $-837.036K ▼ $-153.004K ▼ $518.163K ▲ $3.03M ▲ $-894.06K ▼
Q2-2023 $1.41M $-587.446K $106.968K $311.586K $0 $-617.6K

Five-Year Company Overview

Income Statement

Income Statement TNL Mediagene is still in the early, investment-heavy stage of its growth. Revenue is small but has been rising each year, and the company is generating a positive gross profit, which means its core services can create value above direct costs. However, operating losses have widened recently as the company spends more on people, technology, and growth initiatives than it brings in through sales. Net losses and very negative per‑share earnings in the latest year show that profitability is not yet in sight and that the business model is still being scaled and refined. The key story here is a young, growing media‑tech company prioritizing expansion and capability-building over short‑term earnings.

Balance Sheet

Balance Sheet The balance sheet is compact and relatively light, reflecting a small but developing business. Total assets are modest, with no meaningful cash cushion reported in the provided data, which may limit financial flexibility and heighten reliance on steady revenue or external funding. Debt exists but appears limited in size, suggesting the company has not yet leaned heavily on borrowing. Equity has moved from negative to positive over time, which is an encouraging sign, but it has been pressured by recent losses, eroding the capital base. In simple terms, the company has a thin financial buffer and needs careful balance sheet management as it pursues growth.

Cash Flow

Cash Flow Cash generation is not yet a strength. Operating cash flow recently turned modestly negative, indicating that the day‑to‑day business is consuming cash rather than producing it. Free cash flow is also negative, though capital spending appears light, which suggests the main drain is operating costs rather than big physical investments. This is typical for a digital and media‑tech player but still a risk: without strong cash inflows or fresh funding, the company may face constraints on how aggressively it can invest, market, or pursue acquisitions. The path to consistent, positive cash flow remains an important uncertainty.

Competitive Edge

Competitive Edge TNL Mediagene positions itself as a digital media‑tech platform focused on Millennials and Gen Z in Japan and Taiwan, with ambitions across Asia. Its strengths include a large young audience, a broad stable of media brands, and strong first‑party data gathered across its network. The company’s control of both content and advertising technology—rather than relying only on third‑party tools—gives it a more integrated offering for advertisers and may support better campaign performance and margins over time. Its reputation for independent and politically neutral content can be an asset with skeptical younger readers. However, it competes in a crowded field that includes major portals, social platforms, and large marketing agencies, all fighting for the same advertising budgets and user attention. Its success will depend on how well it can keep growing its audience, deepen advertiser relationships, and differentiate its services amid intense digital competition and shifting ad spending patterns.

Innovation and R&D

Innovation and R&D Innovation is central to TNL Mediagene’s story. The company leans heavily on artificial intelligence and data analytics to power content creation, translation, audience targeting, and advertising optimization. Its in‑house ad‑tech platforms and data infrastructure are key assets that can make its campaigns more precise for advertisers and more relevant for users. The use of AI‑assisted translation to scale content across languages is a tangible example of technology improving efficiency and reach. Beyond media, the push into “content commerce” and a full‑service digital studio broadens revenue streams beyond traditional ads. Management also highlights an acquisition‑driven strategy aimed at adding both new media brands and new technology capabilities each year, including in Southeast Asia. While this could accelerate growth and innovation, it also introduces integration, execution, and capital‑allocation risks—especially for a company that is not yet consistently cash‑generative.

Summary

Overall, TNL Mediagene looks like an early‑stage, media‑plus‑technology platform with promising strategic assets but a still‑unproven financial profile. On the positive side, it has an engaged young audience, a diversified brand portfolio, strong data and AI capabilities, and an integrated ecosystem that can appeal to advertisers seeking targeted digital campaigns. Its experimentation with content commerce and full‑service marketing solutions adds upside potential beyond pure advertising. On the risk side, the company is loss‑making, has limited balance sheet cushions, and is not yet generating reliable positive cash flow, all while competing against much larger and better‑funded players. The business depends on continued execution in technology, acquisitions, and regional expansion to justify its investment spending. How effectively management converts its technology and audience advantages into durable, profitable growth will be the key factor to watch over the coming years.

NEWS

November 25, 2025 · 7:00 AM UTC

TNL Mediagene Launches INSAIDA, New Video News Program Offering Deeper Analysis of Business and Society in Japan

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November 24, 2025 · 7:00 AM UTC

TNL Mediagene Announces GIZMART's Debut Project Keychron Nape Pro Hits ¥100 million in GMV in 12 Hours, Validating New Digital Media-Commerce Strategy

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November 19, 2025 · 7:00 AM UTC

TNL Mediagene (Nasdaq: TNMG) Announces Launch of Digital Media-Commerce Initiative; Begins with Keychron Co-Developed Trackball Device "Nape Pro"

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November 13, 2025 · 7:00 AM UTC

TNL Mediagene (NASDAQ: TNMG) Launches Partnership with US Fortune 150 Company Coupang, Inc. to Expand Content Commerce and Retail Media Ecosystem

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November 11, 2025 · 7:00 AM UTC

TNL Mediagene (Nasdaq: TNMG) Completes Repayment of Senior Convertible Note Originally Issued in Structured Financing

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