Highest-materiality recent filing
Stockholders elect four directors, ratify Cherry Bekaert as auditor at 2026 meeting
Four directors elected: Balbirnie (1,859,945 for), Pollard (1,987,945), Rein (1,976,515), Staples (1,987,945); broker non-votes 698,808 each.
ACCESS Newswire Q1 2026 rev $5.3M (-3% YoY); adj EBITDA $0.6M consistent; ARR/sub $12,803
Revenue $5.3M, down 3% YoY and 8% QoQ; gross margin 74% vs 78% in Q1 2025.
ACCESS Newswire Q4 2025 revenue $5.8M flat YoY; adjusted EBITDA $0.9M (15% margin)
GAAP net loss from continuing ops $0.5M ($0.13/share) vs $10.9M loss in Q4 2024 (prior year had impairment).
CFO Steven Knerr base salary raised to $245,000 effective January 1, 2026
Compensation Committee approved increase in CFO Steven Knerr's annual base salary from $200,000 to $245,000.
ACCESS Newswire authorizes up to $1.0M share repurchase program
Board authorized repurchase of up to $1.0 million of common stock (ACCS).
ACCESS Newswire Q3 revenue $5.7M, adjusted EBITDA up 71% to $933k, net loss narrows
Q3 revenue $5.7M, +2% YoY and QoQ; gross margin 75%.
ACCESS Newswire Q2 rev $5.6M (-7% YoY); adj EBITDA $836k (15% of rev); subscriptions up 12% YoY
GAAP net loss from continuing ops $239k ($0.06/dil) vs $683k ($0.18) in Q2 2024.
Stockholders elect four directors and ratify Cherry Bekaert as auditor at 2025 annual meeting
All four director nominees elected: Balbirnie (2,434,935 for), Pollard (2,565,564), Rein (2,517,629), Staples (2,565,564).
Revenue $5.48M vs $5.57M in Q1 2024; GAAP net loss from continuing ops $765K ($0.20/diluted share).
ACCESS Newswire Q1 revenue $5.5M (-2% YoY); Adjusted EBITDA surges to $564K
Revenue $5.476M (-2% from $5.572M Q1 2024); gross margin 78% vs 75%.
ACCESS Newswire Q4 revenue up 1% to $5.8M; adjusted EBITDA $871K vs $(27K) YoY
GAAP net loss from continuing ops $(10.9M) ($2.85/diluted) vs $(1.5M) in Q4 2023, due to $14.15M tradename impairment.
ACCESS Newswire sells compliance assets for $12.5M, cuts debt $12M
Sold certain compliance assets to Equiniti Trust Company for $12.5M cash; $500k holdback for 12-month indemnification.
ACCESS Newswire sells compliance business to Equiniti for $12.5M, pays down debt
Sale of compliance division closed Feb 28, 2025; $12M paid at closing, $500K holdback for 12 months.
Issuer Direct renamed ACCESS Newswire; ticker becomes ACCS; launches subscription model
Name change from Issuer Direct to ACCESS Newswire effective Jan 27, 2025; NYSE American symbol now ACCS.
Issuer Direct renames to ACCESS Newswire; ticker changes to ACCS on Jan 27, 2025
Corporate name changes to ACCESS Newswire Inc. effective Jan 27, 2025.
Issuer Direct Q3 revenue down 8% to $7.0M, net loss of $0.12/share; subscriptions up 9% QoQ
Revenue $7.0M (-8% YoY); GAAP net loss $466k ($0.12 loss per share); adjusted EBITDA $1.37M (20% margin).
Steven Knerr named permanent CFO of Issuer Direct Corp effective September 16, 2024
Base salary set at $200,000 annually, up from $178,500 under previous interim arrangement.
Issuer Direct Q2 revenue $7.7M, -20% YoY but +10% seq; net income $7K
Q2 revenue $7.7M, down 20% YoY but up 10% sequentially; Communications flat YoY, Compliance down 53%.
Issuer Direct appoints Pollard & Staples as independent directors
Wesley Pollard (CPA, CFO of Primeritus) and Joseph Staples (former CMO) joined board effective July 1, 2024.
Issuer Direct stockholders elect directors, approve say-on-pay and auditor at 2024 annual meeting
Elected Brian Balbirnie (2,474,753 for, 114,393 against) and Graeme Rein (2,428,865 for, 160,281 against) as directors.
Michael Nowlan resigned as Board Chair and Audit Committee member on June 13, 2024.
Issuer Direct Q1 revenue falls 19% to $7.0M; posts operating loss of $52K
Revenue $7.0M, down 19% YoY from $8.6M; adjusted EBITDA $0.8M vs $1.9M.
Q4 revenue $7.5M (+6% YoY); GAAP net loss $726K ($0.19 loss/share) vs $109K loss ($0.03) in Q4 2022.
CFO Timothy Pitoniak resigns effective March 8; Steve Knerr named interim CFO
CFO Timothy Pitoniak resigns effective March 8, 2024; no disagreement with operations or policies.
Issuer Direct Q3 revenue $7.6M (+43% YoY) but GAAP net income falls to $0.07 from $0.19
Revenue rose 43% YoY to $7.6M; Adjusted EBITDA up 45% to $1.8M.
Issuer Direct Q2 revenue record $9.7M (+66% YoY); diluted EPS $0.36 vs $0.22
Revenue rose 66% to $9.7M (record); GAAP net income $1.36M ($0.36/diluted) vs $0.84M ($0.22) in Q2 2022.
Issuer Direct elects five directors, approves equity plan, ratifies auditor; Nowlan named Chair
Five director nominees elected: Balbirnie, Galleher, Lazear, Nowlan, Rein; broker non-votes ~270k each.
Issuer Direct Q1 revenue record $8.6M (+63% YoY) driven by Newswire; GAAP net loss $0.04/share
Revenue $8.6M, up 63% YoY and 21% sequentially; Communications revenue grew 94% YoY from Newswire acquisition.
Issuer Direct closes $20M term loan with Pinnacle Bank; repays iNewswire note early
$20M term loan at 6.217% fixed rate (SOFR + 2.35% swapped) maturing December 20, 2028.
Director William Everett not to stand for reelection at Issuer Direct's 2023 Annual Meeting
William Everett notified Board on Feb 28, 2023, he will not seek reelection as director at the 2023 Annual Meeting.
Issuer Direct Q4 revenue up 25% to $7.1M; GAAP net loss $(0.03)/share vs $0.16 profit YoY
Q4 2022 revenue $7.139M (+25% YoY); full-year revenue $23.514M (+7% YoY).
Issuer Direct completes acquisition of iNewsWire.com; reports revenue $10.0M (2021), $7.1M (2020)
Acquired iNewsWire.com LLC for undisclosed cash consideration; deal closed Nov 1, 2022.
Issuer Direct acquires Newswire for $43.9M; revenue guidance up >80%
Total consideration of $43.9M: $18M cash, $22M secured note (6% due Nov 2023), and 180,181 shares (~$3.9M).
Issuer Direct Q3 net income $0.19/diluted, revenue down 3%; acquires iNewsWire.com LLC
Q3 revenue $5.28M (-3% YoY); net income $686K ($0.19/diluted) vs $1.024M ($0.27) in Q3 2021.
Issuer Direct Q2 revenue up 2% to $5.81M; GAAP EPS down to $0.22 from $0.29 YoY
Revenue $5.81M (+2% YoY); GAAP net income $841k ($0.22 diluted) vs $1.11M ($0.29) in Q2 2021.
All six director nominees elected: Balbirnie, Everett, Galleher, Lazear, Nowlan, Rein – each received >1.5M votes for.
Issuer Direct posts record Q1 revenue $5.3M (+6% YoY); gross margin expands to 77%
Revenue $5.288M (+6% YoY); gross margin 77% vs 72% in Q1 2021.
Issuer Direct adopts majority voting standard for uncontested director elections
Effective March 31, 2022, bylaws amended to require majority (vs. plurality) vote for uncontested director elections.
Issuer Direct Q4 revenue up 21% to $5.7M; GAAP EPS $0.16; board authorizes $5M buyback
Q4 revenue $5.718M (+21% YoY); full-year revenue $21.883M (+18% YoY).
Issuer Direct appoints Tim Pitoniak as CFO; Steven Knerr moves to VP of Finance
Tim Pitoniak becomes CFO effective Jan 24, 2022, with base salary of $235,000 and annual bonus target of 45%.
Issuer Direct Q3 revenue $5.5M (+12% YoY); net income $1.0M ($0.27 EPS)
GAAP net income of $1.024M ($0.27 diluted EPS) vs $789K ($0.21) a year ago; includes $366K CARES Act credit.
Issuer Direct reports record Q2 revenue $5.72M, net income up 43% to $1.106M
Revenue $5.72M (+17% YoY); net income $1.106M ($0.29 diluted EPS), up 43% from $772K.
Effective July 1, 2024, Wesley T. Pollard was appointed to the board of directors (the “Board”) of Issuer Direct Corporation (the “Company”)
Effective July 1, 2024, Joseph A. Staples was appointed to the Board of the Company to serve for a term expiring at the earlier of the Company’s next annual meeting of stockholders or his resignation or appointment of a duly elected successor.
On June 13, 2024, Michael Nowlan submitted notice of his resignation as a member of the Board of the Company, including all applicable Committees of the Board, effective immediately.
On June 13, 2024, Marti Beller (Lazear) submitted notice of her resignation as a member of the Board of Directors (the “Board”) of Issuer Direct Corporation (the “Company”), including all applicable Committees of the Board, effective immediately.
On February 20, 2024, Timothy Pitoniak informed Issuer Direct Corporation (the “ Company ”) of his resignation as Chief Financial Officer of the Company, effective March 8, 2024 (the “ Effective Date” ).
the Board intends to appoint Steve Knerr, the Company’s current Vice President of Finance and Controller, as its interim Principal Accounting Officer and interim Chief Financial Officer.
On February 28, 2023, William Everett, a director of Issuer Direct Corporation (the “Company”), notified the Board of Directors of the Company (the “Board”) of his decision not to stand for reelection as a director nominee at the Company’s 2023 Annual Meeting of Stockholders (the “2023 Annual Meeting”).
Max materiality 0.85 · Median 0.65 · Most common event earnings