secwatch.observer — SEC 8-K summary
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Issuer:     Inuvo, Inc. (INUV)
CIK:        0000829323
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001654954-23-014053
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Inuvo reports record Q3 revenue of $24.6M, up 44% YoY; positive adjusted EBITDA
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- Revenue $24.6M, record quarterly high, up 44% YoY from $17.1M.
- Gross profit $22.3M, margin 90.7% vs 60.3% last year; net loss narrowed to $1.2M ($0.01/share).
- Adjusted EBITDA turned positive at ~$32k vs loss of $2.6M a year ago; positive free cash flow for 5 months.
- Cash $7.0M, working capital $1.7M; $5M facility undrawn; added 12 new clients and released IntentKey v2.0.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/829323/000165495423014053/0001654954-23-014053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/829323/000165495423014053/inuvo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-014053

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer