earnings
confidence high
sentiment positive
materiality 0.60
Inuvo provides direct/indirect revenue breakdown for FY22; total revenue $75.6M (+26% YoY)
Inuvo, Inc.
- Direct customer revenue grew 73% YoY to $36.2M in 2022 from $20.9M in 2021.
- Indirect revenue was $39.2M in 2022, nearly flat vs $38.5M in 2021.
- Q1 2022 direct revenue peaked at $10.7M, then declined to $6.2M by Q4 2022.
- Consulting & other revenue shrank to $129k in 2022 from $416k in 2021.
- Full-year 2022 total revenue of $75.6M vs $59.8M in 2021, a 26% increase.