U.S. Google users who won a $425 million jury verdict in a consumer privacy class action last month have asked a federal judge to force the Alphabet unit to forfeit an additional $2.36 billion in profits. ...

Reklaim Ltd. to Present at CanTech Conference in Toronto as Privacy Demand AcceleratesTwo years of profitability and double-digit growth highlight momentum across the Protect and Rewards platformsOctober 02, 2025 7:32 AM EDT | Source: Cantech LetterToronto, Ontario--(Newsfile Corp. - October 2, 2025) - Reklaim Ltd. (TSXV: MYID) (OTC Pink: MYIDF), the only company in the world where consumers can view, protect, and be compensated for their data, today announced that Founder and CEO Neil Sweeney ...

Financial Data and Key Metrics Changes - Inuvo reported a record-breaking fourth quarter for 2024, achieving $26.2 million in revenue, a 26% increase year-over-year from $20.8 million in Q4 2023 [8][27] - For the full year 2024, revenue increased by approximately 13.4%, reaching around $84 million [9][36] - Net income for Q4 2024 was $141,000, compared to a net loss of $2.4 million in Q4 2023 [35] - Adjusted EBITDA improved to $1.2 million in Q4 2024 from a loss of $1.2 million in the prior year, marking a $2.4 million improvement [35][36] - Gross profit for Q4 2024 was $21.8 million, a 20% increase from $18.2 million in the same quarter last year [30] Business Line Data and Key Metrics Changes - Platform revenue was approximately $21 million in Q4 2024, driven by strong demand and new product launches [27][28] - Revenue from agencies and brands was about $5 million in Q4 2024, supported by the signing of 33 new clients during the year [29] - The company delivered roughly 89 million ad clicks for platform clients in 2024, a 60% increase year-over-year [14] Market Data and Key Metrics Changes - The market served by Inuvo is undergoing significant shifts, with a focus on richer, more engaging experiences for users and advertisers [10][11] - The largest industries served included travel, e-commerce, automotive, and business and software tools [14] Company Strategy and Development Direction - Inuvo's strategy focuses on enhancing proprietary technologies, particularly in generative AI with the IntentKey, to drive growth [8][9] - The company aims to expand its market share by leveraging its expertise in behavior analytics and artificial intelligence [13][15] - A goal is to achieve a more balanced revenue mix between agencies/brands and platform clients, targeting a 50-50 split in the future [81] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2025, projecting a 40% year-over-year revenue growth for Q1 2025 [40] - The company anticipates continued strength in its business model, with expectations of cash generation in the second half of 2025 [36][75] Other Important Information - Inuvo secured a $10 million asset-based working capital line of credit in July 2024, with no debt outstanding as of December 31, 2024 [35] - The company streamlined operations by reducing headcount and reorganizing client-facing personnel into dedicated teams [33][18] Q&A Session Summary Question: Outlook for large retailer and car manufacturer - Management confirmed that both clients showed year-over-year growth in Q4 2024, with expectations for continued growth in 2025 [45] Question: Business development and new brands - Management noted the signing of 33 new brands in 2024 and emphasized the professionalization of the go-to-market organization [54] Question: Seasonality of revenue - Management acknowledged that seasonality will continue, but it may not be as steep as in previous years [62] Question: Confidence entering 2025 - Management expressed strong confidence entering 2025, citing improved financial metrics and a focus on overcoming technological costs [66] Question: Self-serve platform momentum - Management reported traction with the self-serve platform, which is designed for both agencies and brands [84] Question: Operating expenses outlook - Management indicated that operating expenses will increase due to hiring additional staff, including engineers and support personnel [88]