Financial Data and Key Metrics Changes - Total revenue for Q3 2022 was $5.3 million, a 3% decrease from $5.5 million in Q3 2021 [8] - Gross margin improved to 77% from 75% in the prior year [5][13] - Operating income decreased to $800,000 in Q3 2022 from $1 million in Q3 2021 [16] - Net income for Q3 2022 was $700,000 or $0.19 per diluted share, down from $1 million or $0.27 per diluted share in Q3 2021 [20] - EBITDA for Q3 2022 was $952,000 or 18% of revenue, compared to $1.6 million or 30% of revenue in Q3 2021 [21] Business Line Data and Key Metrics Changes - ACCESSWIRE revenue grew 6% year-over-year, contributing to overall revenue despite a decline in other areas [5][10] - Communication revenue accounted for 66% of total revenue in Q3 2022, down from 67% in the prior year [11] - Compliance revenue increased by 1% for both Q3 and the first nine months of 2022 compared to the same periods in 2021 [11] Market Data and Key Metrics Changes - Deferred revenue increased to $3.4 million as of September 30, 2022, up 11% from $3.1 million at the end of 2021 [24] - The company maintained a streak of 31 consecutive quarters of positive cash flow from operations [25][34] Company Strategy and Development Direction - The acquisition of Newswire is aimed at enhancing the company's scale in press release distribution and expanding its product offerings [7][36] - The company aspires to achieve a 5% market share in the news distribution market by 2023, with the acquisition expected to accelerate this goal [38][40] - The integration of Newswire is expected to provide cost savings and enhance revenue opportunities through new product offerings [42][60] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenges in the events and webcasting business, with revenue shifts impacting quarterly results [26] - The company remains optimistic about growth in its core products, particularly in press release distribution, despite recent volume declines [27][29] - Management expects combined operations with Newswire to achieve a growth rate of 20% to 22% going forward [48] Other Important Information - The total transaction value for the Newswire acquisition is $43.9 million, funded through a combination of cash and stock [51] - The company plans to integrate Newswire's products and services to enhance its offerings in the communications and compliance space [62] Q&A Session Summary Question: What were Newswire's revenues in 2021 and its growth rate in 2022? - Newswire generated $10.1 million in revenues in 2021 and is expected to grow by approximately 25% in 2022 [47] Question: What is the expected growth rate for the combined business? - The combined operation growth is expected to be between 20% to 22% going forward [48] Question: What is the margin profile of the acquired business? - The margin profile is expected to be similar to the company's existing margins, with good EBITDA and gross margins [50] Question: How is the acquisition being funded? - The acquisition is funded through $18 million in cash, a $22 million seller's note, and the issuance of common shares [51] Question: Will the acquisition be accretive immediately? - The acquisition is expected to be accretive in the first full quarter after closing, with significant benefits anticipated in Q1 [55]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ——————— FORM 10-Q ——————— ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from: _____________ to _____________ ISSUER DIRECT CORPORATION (Exact name of registrant as specified in its charter) ——————— (State or Other Jurisdictio ...

Issuer Direct Corporation (NYSE:ISDR) Q2 2022 Results Conference Call August 4, 2022 4:30 PM ET Company Participants Brian Balbirnie - Founder, CEO Timothy Pitoniak - CFO Conference Call Participants Luke Horton - Northland Securities Operator Thank you for standing by, and welcome to the Issuer Direct Corporation Second Quarter 2022 Earnings Conference Call. Today's call will be conducted by the company's Founder and Chief Executive Officer, Brian Balbirnie; and its Chief Financial Officer, Tim Pitoniak. ...

——————— FORM 10-Q ——————— ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from: _____________ to _____________ ISSUER DIRECT CORPORATION (Exact name of registrant as specified in its charter) ——————— UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (919) 481-4000 (Registrant's tel ...

Issuer Direct Corporation (NYSE:ISDR) Q1 2022 Earnings Conference Call May 5, 2022 4:30 PM ET Company Participants Brian Balbirnie - Founder and CEO Timothy Pitoniak - Chief Financial Officer Conference Call Participants Luke Horton - Northland Securities Brock Erwin - CleverInvesting Walter Ramsley - Walrus Partners Operator Thank you for standing by, and welcome to the Issuer Direct Corporation First Quarter End 2022 Earnings Conference Call. Today's call will be conducted by the company's Founder and Chi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ——————— FORM 10-Q ——————— ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from: _____________ to _____________ ISSUER DIRECT CORPORATION (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Incorpo ...

Issuer Direct Corporation (NYSE:ISDR) Q4 2021 Earnings Conference Call March 3, 2022 4:30 PM ET Company Participants Brian Balbirnie - Founder and CEO Tim Pitoniak - Chief Financial Officer Steve Knerr - VP of Finance and Controller Conference Call Participants Luke Horton - Northland Securities Operator Good afternoon. Thank you for standing by. And welcome to the Issuer Direct Corporation Fourth Quarter and Year End 2021 Earnings Conference Call. Today's call will be conducted by the Company's Founder and ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ________________ ☒ ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For The Year Ended: December 31, 2021 ISSUER DIRECT CORPORATION (Name of small business issuer in its charter) ________________ (State or Other Jurisdiction of Incorporation) (Commission File Number) Delaware 1-10185 26-1331503 (I.R.S. Employer Identification No.) One Glenwood Avenue, Suite 1001, Raleigh, NC 27603 (Address of Prin ...

Issuer Direct Corporation (NYSE:ISDR) Q3 2021 Earnings Conference Call November 4, 2021 4:30 PM ET Company Participants Brian Balbirnie - Founder and CEO Steve Knerr - CFO Conference Call Participants Michael Pochucha - Northland Operator Ladies and gentlemen, thank you for standing by, and welcome to the Issuer Direct Corporation Third Quarter 2021 Earnings Conference Call. Today's call will be conducted by the company's Founder and Chief Executive Officer, Brian Balbirnie; and its Chief Financial Officer, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ——————— FORM 10-Q ——————— ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from: _____________ to _____________ ISSUER DIRECT CORPORATION (Exact name of registrant as specified in its charter) Delaware 1-10185 26-1331503 (State ...