From GlobeNewswire: 2025-05-09 08:15:00

Inuvo, Inc. reported a record revenue of $26.7 million for the first quarter of 2025, a 57% increase from the previous year. Gross profit also rose to $21.1 million, with a net loss per share of $0.01. The company introduced new AI technology and added 20 new clients, leading to positive growth in both product lines.

The increase in revenue was driven by a 61% growth in Platforms and a 31% growth in Agencies & Brands. Operating expenses rose to $22.9 million, with higher marketing and compensation costs. Despite a net loss of $1.3 million, Adjusted EBITDA was near break-even at a loss of $22 thousand. Inuvo had $2.6 million in cash and cash equivalents as of March 31, 2025.

CEO Richard Howe expressed excitement over the record quarter, highlighting the strong performance and growth in both product lines. The company’s enhanced technology and service offerings have contributed to this success, allowing marketers to target specific audiences more efficiently. Inuvo aims to continue this positive momentum throughout the year. Inuvo, Inc. reported a net revenue of $26,708,032 for the first quarter of 2025, an increase from $17,023,777 in 2024. Despite an operating loss of $1,769,787, the company saw a gross profit of $21,087,091. Additionally, Inuvo’s net loss for the quarter was $1,259,821, with a loss per share of $0.01.

The company’s balance sheet as of March 31, 2025, showed total assets of $31,692,191. Cash and cash equivalents amounted to $2,561,993, while accounts receivable stood at $12,022,440. Inuvo’s total stockholders’ equity was $13,446,714, with total liabilities and stockholders’ equity matching total assets at $31,692,191.

Inuvo also presented a Reconciliation of Net Loss to Adjusted EBITDA for the first quarter of 2025. The company reported an Adjusted EBITDA of $21,890, with adjustments made for stock-based compensation and non-recurring items like employee benefits. This measure provides insight into the company’s performance beyond traditional financial metrics.



Read more at GlobeNewswire:: Inuvo Posts Record Q1 2025 Revenue of $26.7M, up 57%