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Inuvo Inc (INUV) Q4 2024 Earnings Call Highlights: Record Revenue Growth and Positive Financial ...
Inuvo Inc (INUV) Q4 2024 Earnings Call Highlights: Record Revenue Growth and Positive Financial ...

Yahoo

time28-02-2025

  • Business
  • Yahoo

Inuvo Inc (INUV) Q4 2024 Earnings Call Highlights: Record Revenue Growth and Positive Financial ...

Revenue: $26.2 million in Q4 2024, a 26% increase year-over-year. Annual Revenue: Approximately $84 million for the fiscal year 2024, a 13.4% increase. Gross Profit: $21.8 million in Q4 2024, a 20% increase from the previous year. Gross Margin: 83.1% in Q4 2024, down from 87.3% in the previous year. Net Income: $141,000 in Q4 2024, compared to a net loss of $2.4 million in Q4 2023. Adjusted EBITDA: $1.2 million in Q4 2024, an improvement of $2.4 million from the previous year. Cash and Cash Equivalents: $2.5 million as of December 31, 2024. Operating Expenses: $21.5 million in Q4 2024, up from $20.6 million in Q4 2023. Net Cash Provided by Operating Activities: $230,000 for the full year 2024, a $2.8 million improvement over 2023. Employment: 81 employees at the end of Q4 2024, down from 93 at the end of 2023. Warning! GuruFocus has detected 4 Warning Signs with INUV. Release Date: February 27, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Inuvo Inc (INUV) achieved a record-breaking fourth quarter with a 26% year-over-year revenue growth, reaching $26.2 million. The company delivered positive net income and adjusted EBITDA in Q4 2024, indicating improved financial health. Inuvo Inc (INUV) successfully onboarded 33 new brands in 2024, enhancing its client base and market reach. The IntentKey self-serve platform, a significant technological advancement, offers high margins and democratizes advertising by simplifying audience targeting. The company reported a 60% year-over-year increase in ad clicks for platform clients, showcasing strong engagement and demand. Gross margin declined to 83.1% in Q4 2024 from 87.3% the previous year, partly due to a new campaign with a platform client. Operating expenses increased to $21.5 million in Q4 2024, up from $20.6 million in the same period last year. The cost of revenue rose to $4.4 million, primarily due to higher media payments for agencies and brands. Net interest expense was approximately $103,000 in Q4 2024, compared to a net interest income of $8,000 last year, due to higher borrowing. The company anticipates a small decline in gross margin in 2025 due to increasing revenue from a platform client. Q: Can you discuss the progress for both the large retailer and car manufacturer you mentioned in recent earnings calls? Have they contributed significantly in Q4, and what are the expectations for 2025? A: Yes, both clients showed growth in Q4. The automotive client was up year-over-year, and the retailer was new in 2024. We expect both to continue growing in 2025. (Richard Howe, CEO) Q: Are you attracting more brands, and how is business development progressing outside of these major clients? A: We signed 33 new brands in 2024, and we've professionalized our go-to-market strategy, which positions us well for scaling. There's a strong pipeline, and we're optimistic about continued growth. (Richard Howe, CEO) Q: How do you feel entering 2025 compared to 2024 in terms of confidence and visibility? A: I feel optimistic due to our technological advancements and the $100 million revenue mark, which helps overcome cost inertia. We are confident in our ability to grow and surpass previous ceilings. (Richard Howe, CEO) Q: Can you elaborate on the sales cycle for platform and agency/brand clients? A: For agencies and brands, the sales cycle is typically six to nine months, driven by relationship-building. For platforms, it's more about scalability and technological capability, with strong demand already present. (Richard Howe, CEO) Q: What is the margin profile for the IntentKey self-serve platform, and how does it compare to managed services? A: The self-serve platform has a margin north of 90%, as it leverages existing AI infrastructure with minimal additional costs. It's designed to be flexible across various campaign systems and media channels. (Richard Howe, CEO) For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio

Inuvo to Host Fourth Quarter and Year End 2024 Financial Results Conference Call on Thursday, February 27th at 4:15 P.M. EST
Inuvo to Host Fourth Quarter and Year End 2024 Financial Results Conference Call on Thursday, February 27th at 4:15 P.M. EST

Yahoo

time19-02-2025

  • Business
  • Yahoo

Inuvo to Host Fourth Quarter and Year End 2024 Financial Results Conference Call on Thursday, February 27th at 4:15 P.M. EST

LITTLE ROCK, Ark., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Inuvo, Inc. (NYSE American: INUV), a leading provider of intelligent advertising technology, will host a conference call on Thursday, February 27, 2025, at 4:15 PM Eastern Standard Time to discuss its financial results and provide a business update for the fourth quarter and year-end 2024. Conference Call Details: Date: Thursday, February 27, 2025Time: 4:15 p.m. Eastern Standard Time Toll-free Dial-in Number: 1-800-717-1738International Dial-in Number: 1-646-307-1865Conference ID: 11158080Webcast Link: HERE A telephone replay will be available through Thursday, March 13, 2025. To access the replay, please dial 1- 844-512-2921 (domestic) or 1-412-317-6671 (international). At the system prompt, please enter the code 11158080 followed by the # sign. You will then be prompted for your name, company, and phone number. Playback will then automatically begin. About Inuvo Inuvo®, Inc. (NYSE American: INUV) is a market leader in Artificial Intelligence built for advertising. Its IntentKey AI solution is a first-of-its-kind proprietary and patented technology capable of identifying and actioning to the reasons why consumers are interested in products, services, or brands, not who those consumers are. To learn more, visit Safe Harbor / Forward-Looking Statements This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Inuvo's quarter-end financial close process and preparation of financial statements for the quarter that are subject to risks and uncertainties that could cause results to be materially different than expectations. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including, without limitation risks detailed from time to time in our filings with the Securities and Exchange Commission (the 'SEC'), and represent our views only as of the date they are made and should not be relied upon as representing our views as of any subsequent date. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading 'Risk Factors' in Inuvo, Inc.'s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 as filed on February 29, 2024, and our other filings with the SEC. Additionally, forward looking statements are subject to certain risks, trends, and uncertainties including the continued impact of Covid-19 on Inuvo's business and operations. Inuvo cannot provide assurances that the assumptions upon which these forward-looking statements are based will prove to have been correct. Should one of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements, and investors are cautioned not to place undue reliance on these forward-looking statements, which are current only as of this date. Inuvo does not intend to update or revise any forward-looking statements made herein or any other forward-looking statements as a result of new information, future events or otherwise. Inuvo further expressly disclaims any written or oral statements made by a third-party regarding the subject matter of this press release. The information which appears on our websites and our social media platforms is not part of this press release. Inuvo Company Contact:Wally Ruiz Chief Financial Officer Tel (501) 205-8397 Investor Relations : David Waldman / Natalya Rudman Crescendo Communications, LLC Tel: (212) 671-1020 inuv@

Inuvo Launches Self-Serve IntentKey Platform: A Revolutionary Interface for AI-Powered Audience Modeling
Inuvo Launches Self-Serve IntentKey Platform: A Revolutionary Interface for AI-Powered Audience Modeling

Yahoo

time12-02-2025

  • Business
  • Yahoo

Inuvo Launches Self-Serve IntentKey Platform: A Revolutionary Interface for AI-Powered Audience Modeling

The Only Privacy-First, Ethically Designed AI Built Specifically for Advertising with Real-Time, Cookie-Free Audiences Models LITTLE ROCK, Ark., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Inuvo, Inc. (NYSE American: INUV), a leading provider of intelligent advertising technology, today announced the launch of the IntentKey Platform, an advanced AI agent specifically designed for audience modeling using Inuvo's proprietary IntentKey AI. Designed to address the challenges of modern advertising—including signal loss, privacy regulations, and the growing need for real-time insights—the Platform empowers marketers to build, refine, and activate audience models instantly, paving the way for smarter, more effective campaigns. The IntentKey Platform opens significant market opportunities within the advertising technology sector, a market valued at over $200 billion and poised for growth as the obsolescence of cookies and consumer data significantly impacts media spending. This positions Inuvo to capture substantial market share with its unique AI technology and proven ability to deliver advertising performance that significantly surpasses incumbent behavioral targeting media solutions. The IntentKey Platform is a purpose-built AI designed to meet the needs of both independent marketers and large-scale enterprises. Key features include: Instant Audience Models: Define and refine audience targets in seconds. Real-Time Updates: Audience models that adapt to trends every five minutes. Flexible Activation: Audience models activated through your DSP of choice or managed as a service by Inuvo. Enhanced Audience Insights: Immediate access to AI-generated demographics including age, gender, income, marital status, education, sentiment, and geography. The Platform is available now for marketers and agencies with two use cases: Self-Service: As part of the launch, Inuvo has opened a self-serve capability that enables marketers and agencies to gain hands-on control to independently build and activate custom audience models directly through their preferred demand-side platform (DSP). Managed Service: For clients seeking expert campaign management, the Platform provides visibility into the audience models and insights driving success, with Inuvo's team delivering full-service optimization and tailored reporting. "Marketers are facing a daunting challenge: delivering better performance in a world where consumer privacy is paramount, cookies are disappearing, and costs are rising, all of which reduce return on ad spend. At the same time, the shift toward adaptive, AI-driven agents is replacing the traditional SaaS tools marketers have relied on for years. The IntentKey Platform addresses these issues head-on, offering real-time audience insights and dynamic models that evolve with today's fast-changing advertising landscape," said Amir Bahkshaie, Senior VP of Inuvo. The IntentKey Platform leverages ethically designed large-language-modeling to address signal loss without relying on cookies or personal identifiers. By analyzing content from the open web, it builds real-time audience models that continuously evolve, delivering actionable insights while maintaining privacy compliance. This innovation reinforces Inuvo's leadership in AI-powered advertising, offering unparalleled transparency, flexibility, and precision to help marketers create smarter, more effective campaigns. As featured in an AdExchanger exclusive, the IntentKey Platform is redefining audience targeting with real-time AI-driven modeling that eliminates reliance on cookies or personal data, highlighting success stories: James & James, a premium furniture brand, used IntentKey to dramatically improve media efficiency and audience precision while uncovering new product opportunities:'If we see a wood species trending, we may incorporate it into our lines because people want this type of wood.' — Tristan Cameron, CMO, James & James Emerald Ebikes, an internal Inuvo initiative to better understand client pain points, proved IntentKey's effectiveness by using AI-generated audience models to drive sales—with no additional targeting data.'We actually reach users—they come to the site. We're not using anything else, and they're buying our product because of our targeting.' — Amir Bahkshaie, SVP, Inuvo To learn more about the IntentKey Platform, book a demo, and start activating AI-powered audiences today., visit About Inuvo Inuvo®, Inc. (NYSE American: INUV) is a market leader in Artificial Intelligence built for advertising. Its IntentKey AI solution is a first-of-its-kind proprietary and patented technology capable of identifying and actioning to the reasons why consumers are interested in products, services, or brands, not who those consumers are. To learn more, visit Safe Harbor / Forward-Looking Statements This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Inuvo's quarter-end financial close process and preparation of financial statements for the quarter that are subject to risks and uncertainties that could cause results to be materially different than expectations. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including, without limitation risks detailed from time to time in our filings with the Securities and Exchange Commission (the 'SEC'), and represent our views only as of the date they are made and should not be relied upon as representing our views as of any subsequent date. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading 'Risk Factors' in Inuvo, Inc.'s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 as filed on February 29, 2024, and our other filings with the SEC. Additionally, forward looking statements are subject to certain risks, trends, and uncertainties including the continued impact of Covid-19 on Inuvo's business and operations. Inuvo cannot provide assurances that the assumptions upon which these forward-looking statements are based will prove to have been correct. Should one of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements, and investors are cautioned not to place undue reliance on these forward-looking statements, which are current only as of this date. Inuvo does not intend to update or revise any forward-looking statements made herein or any other forward-looking statements as a result of new information, future events or otherwise. Inuvo further expressly disclaims any written or oral statements made by a third-party regarding the subject matter of this press release. The information which appears on our websites and our social media platforms is not part of this press release. Inuvo Company Contact: Katie CooperDirector of Marketing Investor Relations : David Waldman / Natalya Rudman Crescendo Communications, LLC Tel: (212) 671-1020 inuv@ in to access your portfolio

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