Inuvo experienced a mixed third quarter in 2025, with net revenue increasing by 1% to $22.6 million compared to the prior year. The company narrowed its net loss to $1.7 million from $2.0 million, and operating expenses declined by 16%. However, gross margin decreased significantly due to a change in product mix within Platform revenue, and Adjusted EBITDA worsened.
Inuvo reported a strong second quarter in 2025, with net revenue increasing by 25% year-over-year to $22.7 million. Gross profit also saw a 12% increase, reaching $17.1 million. The company narrowed its net loss to $1.5 million and improved its Adjusted EBITDA to a loss of $0.6 million, demonstrating continued operational improvements despite a change in product mix affecting gross margin.
Inuvo, Inc. delivered a strong performance in Q4 2024, achieving record revenue of $26.2 million, a 26% increase year-over-year. The company also reported positive net income of $141 thousand and adjusted EBITDA of $1.2 million, marking a significant improvement from losses in the prior year.
Inuvo's Q3 2024 saw a sequential revenue increase of 23% but a year-over-year decrease of 9%. The company is estimating double-digit year-over-year growth in Q4. Adjusted EBITDA improved sequentially, and the company expects it to be near break-even in Q4. They signed a master services agreement with a large retailer and are focusing on scaling revenue from Platform clients and new mid-size Agencies and Brands.
Inuvo reported a 9.4% increase in revenue to $18.2 million for Q2 2024. The company also saw a 62% improvement in adjusted EBITDA loss, and a 48% reduction in net loss.
Inuvo reported a 44% year-over-year revenue increase to $17.0 million and a 72% increase in gross profit to $14.9 million for the first quarter of 2024. The company's net loss decreased compared to the same period last year.
Inuvo reported a solid financial performance for Q4 2023, marked by a 21% increase in revenue to $20.8 million and a 55% increase in gross profit to $18.2 million. The gross margin improved significantly to 87.3% compared to 68.0% in the same period last year. The company also made advancements in AI, expecting these to contribute to higher gross margins and improved bottom line in 2024.
Inuvo reported a record quarterly revenue of $24.6 million, a 44% year-over-year increase. The company also achieved strong sequential revenue growth, a significant increase in gross profit, and positive adjusted EBITDA. Notably, the company has been generating positive free cash flow for the last five months.
Inuvo reported a 40% sequential increase in revenue to $16.7 million for Q2 2023. The company experienced a net loss of $3.4 million, or $0.03 per share, compared to a net loss of $3.2 million, or $0.03 per share, for the same period last year.
Inuvo's Q1 2023 revenue was $11.8 million, a decrease from $18.6 million in the same period last year, attributed to a lost Direct customer and softened ad demand. The company experienced a net loss of $3.4 million, or $0.03 per share, compared to a net loss of $2.1 million, or $0.02 per share, in the previous year. Despite lower revenue, Inuvo's gross margin increased due to a shift towards Indirect clients and improved Direct client margins.
Inuvo reported a decrease in revenue for the fourth quarter of 2022, totaling $17.3 million compared to $19.7 million in the same period last year. However, the gross profit margin increased to 68.0% from 57.1% in the previous year.
Inuvo reported a strong second quarter with a 79.3% year-over-year increase in revenue to $22.7 million. The company experienced growth in both its IntentKey and ValidClick platforms. However, the net loss increased to $3.2 million, or $0.03 per share, compared to a net loss of $2.4 million, or $0.02 per share, for the same period last year.
Inuvo reported a 75.3% increase in revenue to $18.6 million for the first quarter of 2022, driven by significant growth in IntentKey and ValidClick. The company is focusing on top-line growth and aims to achieve positive adjusted EBITDA for the full year.
Inuvo reported a strong Q4 2021 with a 53% year-over-year increase in revenue, reaching $19.7 million. The company also achieved positive Adjusted EBITDA during the quarter.
Inuvo, Inc. announced an 83% year-over-year increase in revenue for the third quarter ending September 30, 2021. The company signed over $10 million worth of IntentKey orders and achieved a positive Adjusted EBITDA in September.
Inuvo reported a strong second quarter with a 66% year-over-year increase in revenue, reaching $12.6 million. The growth was fueled by both the IntentKey and ValidClick product lines. The company's cash balance at the end of June 2021 was $17.3 million.
Inuvo reported a decrease in net revenue for Q1 2021, primarily due to pandemic-induced lower revenue within the ValidClick platform. However, IntentKey revenue grew by 15% year-over-year. The company's gross profit margin improved, and the net loss decreased compared to the same period last year. Inuvo ended the quarter with a strong cash balance of $17.8 million.
Inuvo reported Q4 2020 revenue of $12.9 million, a 40% sequential increase. IntentKey revenue grew 34% year-over-year in Q4, while ValidClick revenue was up 48.5% sequentially. The company's balance sheet is strong, with $7.9 million in cash and no outstanding balance on its working capital line.
Inuvo reported a revenue of $9.2 million for Q3 2020, a decrease of 33.2% year-over-year, primarily due to the impact of COVID-19. However, IntentKey revenue saw a 16% increase year-over-year. The company experienced sequential growth of 21.4%, with both IntentKey and ValidClick platforms contributing.
Inuvo's Q2 2020 revenue was $7.6 million, a 46% decrease year-over-year, primarily due to decreased advertising budgets related to COVID-19. However, the IntentKey platform experienced growth, and the company's net loss and adjusted EBITDA improved year-over-year.
Inuvo reported a slight decrease in overall revenue for Q1 2020, with total revenue at $14.9 million compared to $15.5 million in the prior year. IntentKey revenue increased by 45%, while ValidClick revenue decreased by 8%. The company experienced a net loss of $2.8 million, compared to a net loss of $2.5 million in the same period of 2019.
Inuvo reported a 7% increase in revenue for Q4 2019, reaching $18.2 million. The company also achieved positive Adjusted EBITDA of $47 thousand, a significant improvement compared to the $1.2 million loss in the same period of 2018. Net loss was reduced to $859 thousand, and gross profit increased by 41.6% to $12.8 million.