Inuvo Q2 revenue up 25% to $22.7M; net loss narrows, Adj EBITDA improves

Inuvo, Inc.

Net revenue $22.7M, +25% YoY; net loss $1.5M ($0.10/share) vs $1.7M loss ($0.12) in Q2 2024.
Adjusted EBITDA loss improved to $0.6M from $0.7M; gross margin 75.4% vs 84.0% on product mix shift.
Six-month revenue $49.4M, +40% YoY; net loss $2.8M vs $3.9M, Adj EBITDA loss improved 59%.
Cash $2.1M, $10M unused working capital facility, no debt; received $606K IRS employee retention credit.
CEO cited 5-year sustained growth rate of 24%; Q2 sequential growth decline due to seasonality.

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