Fri, May 9, 12:58 PM (46 days ago)
**Inuvo, Inc. (INUV) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $26,708,032 (up 56.9% YoY) - **Gross Profit:** $21,087,091 (up 41.3% YoY) - **Operating Loss:** $(1,769,787) (improved from $(2,091,278) in Q1 2024) - **Net Loss:** $(1,259,821) (improved from $(2,111,658) in Q1 2024) - **Cash Position:** $2,561,993 (up from $2,459,245 in Q4 2024) - **Net Working Capital Deficit:** $(2,200,000) **Profit Margins:** - **Gross Margin:** 79.0% (down from 87.7% in Q1 2024 due to revenue mix change) **Cash Flow:** - **Operating Cash Flow:** $(366,912) (improved from $(1,355,592) in Q1 2024) - **Investing Cash Flow:** $(451,729) (primarily capitalized internal development costs) - **Financing Cash Flow:** $921,389 (primarily from ATM agreement proceeds) **Earnings Changes & Trends:** - Revenue growth driven by increased demand from Platform clients (70.8% and 17.4% of total revenue) - Operating expenses increased by 34.3% YoY, primarily due to higher marketing and general administrative costs - Net loss improved due to higher revenue and better cost management **Uncertainties & Future Operations:** - Reliance on two major Platform customers for a significant portion of revenue - Need to continue growing the IntentKey product to achieve profitability - Dependence on equity offerings and debt facilities for funding - Potential risks from economic conditions, market demand, and regulatory changes **Impact on Future Operations:** - Management plans to support operations through cash generated from the credit facility until profitability is reached - Focus on marketing multi-channel advertising capabilities differentiated by AI technology - Potential need for additional funding if the IntentKey product growth plan is unsuccessful