Inuvo(US:INUV) Globenewswire·2025-08-07 20:05Core Insights - Inuvo, Inc. reported strong financial results for Q2 2025, with a net revenue of $22.7 million, a 25% increase from $18.2 million in Q2 2024, and a 40% growth rate for the first half of 2025 compared to the same period in 2024 [5][10][4] Financial Performance - Q2 2025 net revenue was $22.7 million, up 25% from $18.2 million in Q2 2024 [5][10] - Gross profit for Q2 2025 increased by 12% to $17.1 million, with a gross margin of 75.4%, down from 84.0% in Q2 2024 [6][10] - Operating expenses rose to $19.1 million in Q2 2025 from $17.0 million in the prior year, driven by increases in marketing, compensation, and general administrative costs [7][8] - The net loss for Q2 2025 was $1.5 million, or $0.10 per share, an improvement from a net loss of $1.7 million, or $0.12 per share, in Q2 2024 [9][10] Year-to-Date Performance - For the six-month period ended June 30, 2025, net revenue reached $49.4 million, a 40% increase from $35.2 million in the same period of 2024 [10] - Gross profit for the first half of 2025 was $38.2 million, up 26% from $30.2 million in the first half of 2024 [10] - Adjusted EBITDA improved to a loss of $0.7 million from a loss of $1.7 million year-over-year [10][11] Liquidity and Capital Resources - As of June 30, 2025, Inuvo had $2.1 million in cash and cash equivalents, an unused working capital facility of $10.0 million, and no debt [11][12] Strategic Outlook - The company continues to manage liquidity actively while investing in strategic growth initiatives [12]