Revenue Performance - Net revenue for Q3 2025 was $22.6 million, a 1% increase from $22.4 million in Q3 2024[4] - Year-to-date revenue for the first nine months of 2025 increased by 25% to $71.9 million from $57.6 million in the same period of 2024[7] Profitability - Gross profit for Q3 2025 decreased by 15% to $16.6 million, resulting in a gross margin of 73.4%, down from 88.4% in Q3 2024[5] - The net loss for Q3 2025 narrowed to $1.7 million, or $0.12 per share, compared to a net loss of $2 million, or $0.15 per share, in Q3 2024[6] - Adjusted EBITDA for Q3 2025 was a loss of $0.7 million, compared to a loss of $0.4 million in the same period last year[9] Operating Expenses - Operating expenses in Q3 2025 were $18.2 million, a decline of 16% from $21.7 million in the prior-year period[7] - Marketing costs decreased to $13.4 million in Q3 2025 from $17.0 million in Q3 2024, reflecting lower revenue from the largest Platform client[8] Client Acquisition - The company onboarded 23 new clients in Q3 2025, contributing to a total of 65 new clients in the first nine months of 2025[7] Financial Position - As of September 30, 2025, the company had $3.4 million in cash and cash equivalents and access to a $10.0 million working capital facility[9] Future Outlook - The company expects to drive sustainable long-term scalable growth despite Q3 performance being less than anticipated due to compliance adjustments[3]

Revenue Performance - Inuvo's net revenue for the three months ended September 30, 2025, increased by approximately $199,000 (0.9%) year-over-year, while revenue for the nine-month period increased by approximately $14.3 million (24.9%) compared to the same period in 2024[105]. - Platform clients accounted for 82.8% of overall revenue in Q3 2025, down from 83.8% in Q3 2024, while their contribution for the nine-month period was 86.2%, up from 83.6% in 2024[105]. - The company expects revenue to increase as it complies with new requirements from a Platform client that affected revenue in Q3 2025[115]. Cost and Expenses - The cost of revenue for the three months ended September 30, 2025, increased by 131.3% to $6,002,423, and for the nine months, it increased by 126.3% to $17,199,909 compared to the same periods in 2024[103][106]. - Operating expenses for the three months ended September 30, 2025, decreased by 16.0% to $18,237,852, while for the nine months, they increased by 8.1% to $60,233,075 compared to 2024[107]. - Marketing costs for the three months ended September 30, 2025, decreased by 21.4% to $13,375,136, while for the nine months, they increased by 5.8% to $45,026,458 compared to the same period in 2024[107]. Financial Position - Inuvo reported a net loss of $4,501,648 for the nine months ended September 30, 2025, compared to a net loss of $5,903,142 for the same period in 2024[118][119]. - As of September 30, 2025, Inuvo had approximately $3.4 million in cash and cash equivalents, with a net working capital deficit of $4.9 million[115]. - Inuvo's accumulated deficit reached $177.7 million as of September 30, 2025[115]. Cash Flow Activities - Net cash used in investing activities was $1,240,992 for the nine months ended September 30, 2025, primarily due to capitalized internal development costs[120]. - Net cash provided by financing activities was $3,968,636 during the nine months ended September 30, 2025, mainly from the utilization of the Financing Agreement[121]. - Net cash used in financing activities during the nine months ended September 30, 2024, was $343,526, primarily due to taxes paid on restricted stock unit grants exercised[121]. Other Financial Information - As of September 30, 2025, there are no off-balance sheet arrangements that materially affect the company's financial condition[122]. - The company does not have any market risk disclosures applicable as it is classified as a smaller reporting company[123]. Stock Activity - The company utilized its ATM Agreement to sell 165,641 shares of common stock for gross proceeds of $1,184,740 during 2025[112].

Core Insights - Inuvo, Inc. reported financial results for Q3 and the first nine months of 2025, highlighting a 25% year-over-year revenue increase for the nine-month period, but a less than expected growth in Q3 due to scaled-back advertising efforts to comply with client requirements [4][8]. Q3 2025 Highlights Compared to Q3 2024 - Net revenue for Q3 2025 was $22.6 million, a 1% increase from $22.4 million in Q3 2024, driven by a 7% growth in Agencies & Brands clients [5][8]. - Gross profit decreased by 15% to $16.6 million, with a gross margin of 73.4%, down from 88.4% in the same quarter last year [6][8]. - Operating expenses declined by 16% to $18.2 million from $21.7 million in the prior-year period, reflecting lower marketing spend [6][8]. - The net loss for Q3 narrowed to $1.7 million, or $0.12 per share, compared to a net loss of $2.0 million, or $0.15 per share, in Q3 2024 [10][8]. Nine-Month 2025 Highlights Compared to Nine-Month 2024 - Net revenue for the first nine months of 2025 increased by 25% to $71.9 million from $57.6 million in the same period last year [8]. - Gross profit for the nine-month period rose by 10% to $54.8 million from $50 million [8]. - Adjusted EBITDA improved by 15% to a loss of $1.7 million from a loss of $2 million [8]. - The net loss for the nine-month period narrowed to $4.5 million, or $0.31 per share, from $5.9 million, or $0.42 per share, in the prior year [8]. Client Acquisition and Marketing - In Q3 2025, Inuvo onboarded 23 new clients, contributing to a total of 65 new clients in the first nine months of the year [8]. - Marketing costs were reduced to $13.4 million in Q3 2025 from $17.0 million in Q3 2024, attributed to lower revenue from the largest Platform client [9][8]. Financial Position - As of September 30, 2025, Inuvo had $3.4 million in cash and cash equivalents and access to a $10 million working capital facility, of which $3.4 million was drawn [10][8]. - Total assets decreased to $29.9 million from $32.2 million at the end of 2024, with total liabilities also reflecting a decrease [19][18].

Core Viewpoint - Inuvo, Inc. will host a conference call on November 6, 2025, to discuss its Q3 financial results and provide a business update [1]. Group 1: Conference Call Details - The conference call is scheduled for November 6, 2025, at 4:15 PM Eastern Time [2]. - Toll-free and international dial-in numbers are provided for participants [2]. - A telephone replay will be available until November 20, 2025, with specific access instructions [2]. Group 2: Company Overview - Inuvo, Inc. is a leader in Artificial Intelligence for advertising, with its proprietary IntentKey AI solution [3]. - The IntentKey AI technology identifies consumer interests based on their motivations rather than demographics [3]. - For more information, Inuvo's website is available at www.inuvo.com [3].

Inuvo Inc. Conference Call Summary Company Overview - Inuvo Inc. operates in the ad tech industry, leveraging a proprietary large language model for audience discovery and media activation [1][2] - The company has been in operation for 10 years and is publicly traded on NYSE under the ticker symbol INUV [17] Core Business Model - Inuvo generates revenue through a platform business that services major digital supply chains and agencies, as well as direct marketing to clients [2][3] - The technology is protected by 19 patents and 6 pending patents, emphasizing its proprietary nature [3] Industry Landscape - The U.S. ad market is heavily reliant on programmatic media buying, with 64% of ad dollars funneled through these platforms [4] - The ad tech industry is valued at $220 billion and is experiencing growth, particularly in segments like connected TV and retail media networks [4] - Legacy ad systems are struggling due to privacy concerns and the decline of consumer tracking methods like cookies [4][5] Technological Advantages - Inuvo's technology is designed to operate without personal data, focusing instead on collective interests and intent pathways [9][15] - The IntentKey AI platform analyzes billions of real-time signals to create predictive audience models that refresh every five minutes [9][10] - The technology allows for precise targeting and audience discovery, enabling marketers to reach potential customers before competitors [10][15] Performance Metrics - Inuvo claims a 60% performance advantage over competitive platforms, with a high client retention rate [17] - The company has reported a five-year quarterly compound annual growth rate (CAGR) of 24% through Q2 of the current year [17] - The company is approaching the $100 million revenue mark and has access to $10 million in capital [17][18] Future Growth Strategies - Inuvo plans to expand its client base by adding self-serve clients who can execute their own media buys [18] - The company aims to work more directly with brands, moving upstream in the advertising ecosystem [19] - Targeting high-spending sectors like sports gambling is identified as a significant opportunity for revenue growth [20][21] Key Challenges - The ad tech industry is facing a challenging environment, particularly for agencies, which are being washed out [19] - The company is navigating a complex market landscape but believes its privacy-first approach positions it favorably [19] Conclusion - Inuvo Inc. is positioned as a disruptive force in the ad tech industry, leveraging advanced AI technology to address current market challenges and capitalize on growth opportunities [1][10]

Core Insights - Inuvo, a leading provider of artificial intelligence AdTech solutions, will present at the LD Micro Main Event XIX on October 21st at 11am PT [1][4] - The LD Micro Main Event XIX will take place from October 19th to 21st at the Hotel del Coronado in San Diego, California, featuring around 120 companies [4][5] Company Overview - Inuvo, Inc. (NYSE American: INUV) specializes in AI technology for advertising, with its proprietary IntentKey® AI solution designed to understand consumer interests rather than demographics [6] Event Details - The LD Micro Main Event XIX will include registration, keynote speakers, company presentations, and one-on-one investor meetings, culminating in a closing reception [4][5] - The event aims to connect small companies with investors, emphasizing the importance of small-cap investing [2][4]

Core Viewpoint - Inuvo, Inc. has appointed Rob Buchner as Chief Operating Officer to support the company's growth and enhance its operational capabilities in the AdTech sector [1][2]. Company Overview - Inuvo, Inc. is a leader in Artificial Intelligence solutions for advertising, with its proprietary IntentKey technology designed to identify consumer interests rather than demographics [4]. Leadership Appointment - Rob Buchner, previously a member of Inuvo's Board of Directors, will oversee daily operations and strategic execution of go-to-market plans [2][3]. - His appointment is aimed at scaling operations, capturing new opportunities, and maximizing the value of IntentKey technology [2][3]. Strategic Focus - As COO, Buchner will prioritize empowering agencies and marketers to leverage IntentKey's privacy-by-design AI, aligning resources with the demand for self-serve, AI-powered audience discovery and targeting [3]. - The company plans to expand ad supply through new integrations and partnerships in 2026 [3]. Buchner's Background - Buchner has a strong background in driving transformation and revenue growth, with experience in various leadership roles at Covet™, Campbell Mithun, and Fallon Worldwide [3].

Core Insights - Inuvo, Inc. is highlighted as a promising AI stock under $5, showcasing its growth strategy and recent performance at the H.C. Wainwright Global Investment Conference [1] - The company aims for $100 million in revenue to achieve positive cash flow, despite challenges like cookie deprecation [2] Financial Position - Inuvo holds $2.5 million in cash, has no debt, and has access to a $10 million credit line [2] - The company has 14.6 million shares outstanding with 8-9% insider ownership [2] Business Strategy - Inuvo is focused on enhancing its AI-driven IntentKey platform, which enables real-time ad placement and consumer intent recognition across various ad formats [2] - The company is targeting deeper penetration into the $300 billion programmatic ad market, particularly among mid-size agencies and major industry players [2] Operational Developments - A Q4 refresh of the IntentKey platform is expected to improve audience targeting and insights [2] - Inuvo is scaling its profitable self-service business and expanding its sales team to drive growth [2] Market Position - The company leverages seasonal momentum to enhance its growth prospects in the advertising technology sector [2]

Inuvo Inc. FY Conference Summary Company Overview - **Company**: Inuvo Inc. (NYSEAM: INUV) - **Industry**: Advertising Technology Services - **Core Product**: IntentKey, a proprietary AI-driven audience modeling tool Key Points and Arguments 1. **Growth Momentum**: Inuvo has experienced significant growth, achieving two record-breaking quarters. The stock is currently valued just under $4, with analysts suggesting a target price of $15, indicating strong market confidence [2][10]. 2. **Client Adoption**: The company has seen increased client adoption, with many clients renewing contracts and spending more on services [2][4]. 3. **Signal Loss Problem**: Inuvo addresses the issue of signal loss faced by clients due to cookie deprecation, increasing privacy regulations, and data sharing limitations from major platforms [3][4]. 4. **IntentKey Functionality**: The IntentKey product organizes data from the open web into a concept graph, allowing clients to understand customer behavior without relying on cookies [4][5]. 5. **Revenue Streams**: Inuvo has two primary revenue streams: platform revenue and agency/brand revenue, both utilizing the IntentKey for customer insights [4][10]. 6. **Market Opportunity**: The programmatic advertising space is valued at over $300 billion, with Inuvo capturing only a small percentage, indicating substantial growth potential [10][11]. 7. **Self-Service Product Launch**: The self-service product launched in February is expected to drive profitability and growth, targeting mid-size agencies and competing against major players in the market [11][12]. 8. **Pathway to Profitability**: Inuvo aims to reach the $100 million revenue mark to achieve cash flow positivity, focusing on scaling the self-service business and acquiring new clients [12]. 9. **Financial Position**: The company has no debt, $2.5 million in cash, and a $10 million line of credit, positioning it well for future growth [18][19]. 10. **Insider Ownership**: Insider ownership is reported to be around 8% to 9%, indicating alignment between management and shareholder interests [20]. Additional Important Insights - **Product Use Cases**: The IntentKey product has diverse applications beyond media buying, including audience targeting and insights generation [9][22]. - **Sales Team Optimization**: Inuvo is actively expanding and optimizing its sales team to enhance performance and drive growth [12]. - **Seasonality Impact**: The company experiences seasonal fluctuations, with expectations of improved performance in the second half of the year [19]. This summary encapsulates the key insights from the Inuvo Inc. FY Conference, highlighting the company's growth trajectory, market opportunities, and strategic initiatives.

Core Viewpoint - Inuvo, Inc. will participate in the H.C. Wainwright 27th Annual Global Investment Conference from September 8-10, 2025, showcasing its AI AdTech solutions [1]. Company Participation - Management is scheduled to present on September 8, 2025, at 11:30 AM Eastern Time, with a live webcast available [2]. - Management will engage in one-on-one meetings with qualified investors throughout the conference [3]. Company Overview - Inuvo, Inc. is a leader in Artificial Intelligence for advertising, with its proprietary IntentKey AI solution that identifies consumer interests rather than demographics [4].