Highest-materiality recent filing
Inuvo raises $12.97M via debt and equity; retires $2.8M convertible notes and credit facility
Closed $10M note purchase: $4.142M A-1 Note (9% interest) and $6.2M B Note (5% interest); $3.8M received immediately, $6.2M in deposit account.
Inuvo Q1 revenue down 70% to $7.9M; net income $1.9M on $6.2M legal settlement
Net revenue $7.9M (down 70% YoY); Audience Modeling up 13%, Legacy Search reset driving decline.
Inuvo Q4 revenue $14.3M (down 45% YoY); full year net loss $5.1M improves from $5.8M
Q4 net revenue $14.3M (-45% YoY); FY $86.2M (+3% YoY). Gross margin 66.4% Q4, 74.5% FY vs 83.1% and 85.6% prior year.
Inuvo receives $6.2M from class action settlement, strengthens liquidity
Received gross proceeds of ~$6.2 million as claimant in a class action lawsuit settlement.
Inuvo Q4 preliminary revenue drops 47% YoY to ~$14M; CEO Howe departs, Buchner appointed CEO
Q4 2025 net revenue expected ~$14M, a 47% decline YoY; full-year 2025 revenue ~$86M, up ~3%.
Inuvo issues $3.33M convertible notes at $3.10/share with 10% OID
Aggregate principal $3,333,333 with 10% original issue discount; net proceeds ~$3M.
Inuvo Q3 revenue flat YoY at $22.6M; net loss narrows to $1.7M but margins drop sharply
Q3 net revenue $22.6M (+1% YoY); net loss improved to $1.7M ($0.12/sh) from $2.0M.
Inuvo shareholders approve reverse split; board sets 1-for-10 ratio effective June 10
Reverse stock split at 1-for-10 ratio approved by board on May 27, effective June 10, 2025.
Inuvo Q1 revenue record $26.7M (+57% YoY); net loss narrows to $0.01 EPS
Revenue of $26.7M, a record, up 57% YoY from $17.0M; Platform +61%, Agencies & Brands +31%.
Inuvo Q4 revenue record $26.2M, net income positive; board appoints new director
Q4 revenue record $26.2M, up 26% YoY; net income $141k vs loss $2.4M YoY; adjusted EBITDA $1.2M vs loss $1.2M.
Inuvo reports preliminary Q4 revenue $26M, up 26% YoY, a new record
Preliminary unaudited Q4 2024 revenue approx. $26M vs $20.8M in Q4 2023 (+26%).
Inuvo Q3 revenue $22.4M, up 23% sequentially; projects double-digit Q4 growth
Revenue $22.4M (up 23% QoQ, down 9% YoY); net loss $2.0M including $0.6M impairment.
Inuvo Q2 revenue up 9.4% to $18.2M; net loss improves 48% to $1.7M
Net loss per share $0.01, vs $0.03 in Q2 2023; adjusted EBITDA loss improved 62% to $668K.
Inuvo secures $10M asset-based credit facility from SLR Digital Finance
$10M maximum line; allows borrowing up to 90% of eligible AR with 36-month initial term.
Inuvo Q1 revenue up 44% to $17.0M; gross margin expands to 87.7%
Revenue $17.0M (+44% YoY); net loss narrowed to $2.1M ($0.02/sh) from $3.4M ($0.03/sh).
Inuvo Q4 revenue up 21% YoY to $20.8M; gross margin jumps to 87.3%
Q4 revenue $20.8M (+21% YoY); full-year revenue $73.9M vs $75.6M in 2022.
Inuvo reports record Q3 revenue of $24.6M, up 44% YoY; positive adjusted EBITDA
Revenue $24.6M, record quarterly high, up 44% YoY from $17.1M.
Inuvo Q2 revenue $16.7M, up 40% sequentially; net loss $3.4M; margins improve to 85.8%
Net revenue of $16.7M, up 40% sequentially from Q1 2023, but down from $22.7M YoY due to loss of Direct Customer.
Inuvo appoints Barry Lowenthal as President, former Media Kitchen CEO
Barry Lowenthal appointed President effective May 22, 2023; over 30 years in marketing.
Inuvo Q1 revenue falls 37% YoY to $11.8M; net loss widens to $3.4M
Net revenue $11.8M vs $18.6M YoY; loss of Direct customer and softening ad demand cited.
Inuvo provides direct/indirect revenue breakdown for FY22; total revenue $75.6M (+26% YoY)
Direct customer revenue grew 73% YoY to $36.2M in 2022 from $20.9M in 2021.
On February 27, 2025, the Board of Directors filled the vacancy created by Mr. Morgan’s retirement by appointing Rob Buchner as a Class III member of the Board of Directors.
On February 27, 2025, Charles Morgan notified the Company of his retirement, effective immediately, from his position as a Class III member of the Company’s Board of Directors and from his positions as Lead Independent Director, Chairman of the Nominating and Corporate Governance Committee and member of the Audit Committee.
Inuvo, Inc. (the “Company”) announced that its Board of Directors has appointed Barry Lowenthal as President, effective May 22, 2023.
and (b) Kenneth Lee to the Company’s Board as a Class III director, effective March 25, 2022
On March 25, 2022, Inuvo, Inc. (the “Company”) announced the election of (a) Jonathan Bond to the Company’s Board of Directors (the “Board”) as a Class II director, effective March 25, 2022
Max materiality 0.80 · Median 0.53 · Most common event other_material