Sector: Technology | Industry: Software |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 500 President Clinton Ave., Ste. 300 LITTLE ROCK AR 72201 |
Tel: | 1-501-2058397 |
Website: | https://inuvo.com |
IR: | See website |
Key People | ||
Barry Lowenthal President | Wallace D. Ruiz Chief Financial Officer | John B. Pisaris General Counsel, Secretary |
Business Overview |
Inuvo, Inc. is an advertising technology and services business selling information technology solutions to brands, agencies and large consolidators of advertising demand. Its products and services use analytics, data and artificial intelligence in a manner that optimizes the purchase and placement of advertising in real time. These capabilities are typically sold with services both individually and in combination with each other based on client needs. These products and services include IntentKey and Bonfire. IntentKey is an artificial intelligence-based consumer intent recognition system designed to reach targeted mobile and desktop In-Market audiences with precision. Bonfire provides marketing and advertising solutions which can be provided directly to brands and where a collection of data, analytics, software and publishing is used to align advertising messages with consumers across websites online. The solution includes integration of numerous media placement partners. |
Financial Overview |
For the fiscal year ended 31 December 2023, Inuvo Inc revenues decreased 2% to $73.9M. Net loss decreased 21% to $10.4M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects General and administrative decrease of 7% to $8.1M (expense), Other Income, Net increase from $436K (expense) to $15K (income). |
Employees: | 91 as of Jan 31, 2024 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $43.10M as of Dec 31, 2023 |
Annual revenue (TTM): | $73.91M as of Dec 31, 2023 |
EBITDA (TTM): | -$7.64M as of Dec 31, 2023 |
Net annual income (TTM): | -$10.39M as of Dec 31, 2023 |
Free cash flow (TTM): | -$4.24M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 139,220,784 as of Feb 23, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |