Inuvo, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $86.2M | $83.8M | $73.9M | $75.6M | $59.8M | $44.6M | $61.5M | $73.3M |
| Cost of Revenue | $22.0M | $12.0M | $10.5M | $30.2M | $15.9M | $8.3M | $22.7M | $29.9M |
| Gross Profit | $64.2M | $71.8M | $63.4M | $45.4M | $43.9M | $36.3M | $38.8M | $43.4M |
| Gross Margin | 74.5% | 85.6% | 85.8% | 60.0% | 73.4% | 81.4% | 63.1% | 59.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $6.9M | $5.5M | $8.1M | $8.6M | $7.2M | $7.6M | $8.7M | $8.5M |
| Operating Income | $-6.7M | $-5.5M | $-10.4M | $-12.6M | $-7.8M | $-8.0M | $-7.7M | $-5.5M |
| Operating Margin | -7.8% | -6.6% | -14.1% | -16.7% | -13.0% | -18.0% | -12.6% | -7.5% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | — | $-5.8M | $-10.4M | — | — | $-7.3M | $-4.8M | $-5.9M |
| Income Tax Expense | $10.7K | $8.0K | $-17.8K | $0 | — | $0 | $-334.4K | $0 |
| Net Income | $-5.1M | $-5.8M | $-10.4M | $-13.1M | $-7.6M | $-7.3M | $-4.5M | $-5.9M |
| Net Margin | -5.9% | -6.9% | -14.1% | -17.3% | -12.7% | -16.4% | -7.3% | -8.0% |
| EPS (Basic) | — | $-0.04 | $-0.08 | $-0.11 | $-0.06 | $-0.09 | $-0.11 | $-0.19 |
| EPS (Diluted) | — | $-0.04 | $-0.08 | $-0.11 | $-0.06 | $-0.09 | $-0.11 | — |
| Shares Outstanding (Basic) | 14.5M | 14.0M | 131.1M | 119.8M | 117.6M | 77.5M | 40.5M | 31.0M |
| Shares Outstanding (Diluted) | 14.5M | 14.0M | 131.1M | 119.8M | 117.6M | 77.5M | 40.5M | 31.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |