NYSE$INUV

Inuvo Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Inuvo's Q4 2019 financial results were announced, showing increased revenue and improved profitability.

Inuvo reported a 7% increase in revenue for Q4 2019, reaching $18.2 million. The company also achieved positive Adjusted EBITDA of $47 thousand, a significant improvement compared to the $1.2 million loss in the same period of 2018. Net loss was reduced to $859 thousand, and gross profit increased by 41.6% to $12.8 million.

  • Q4 revenue increased by 7% year-over-year, totaling $18.2 million.
  • Adjusted EBITDA turned positive, reaching $47 thousand compared to a $1.2 million loss in Q4 2018.
  • Net loss decreased to $859 thousand from $2.2 million in the same period last year.
  • Gross profit increased by 41.6% to $12.8 million.

Headline financials

Total Revenue

$18.2M

Previous: $17M+7.1%
EPS (adj)

-$0.02

Previous: -$0.07+71.4%
Net Income

-$859K

Previous: -$2.21M+61.1%
Operating Income

-$1.31M

Previous: -$2.08M+36.7%
Gross Profit

$12.8M

Previous: $9.06M+41.6%
Cash & Equivalents

$373K

Previous: $229K+62.9%
Total Assets

$30.7M

Previous: $28.7M+7.1%
Stock-Based Comp

$195K

Previous: $87.9K+122.2%

Revenue & EPS history

Inuvo · Revenue · Quarterly

$18.2M

Q4 2019+7.1%vs Q4 2018
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Inuvo · $7.93M total across 2 segments · Q1 2026

  • Legacy Search
    $4.53M
  • Audience Modeling
    $3.4M

Forward guidance

The company anticipates taking advantage of regulatory relief provided by the Securities and Exchange Commission and taking an additional 45 days to file its Form 10-K and audited 2019 financial statements. Inuvo expects IntentKey revenue for the first quarter of this year to increase 48% over the $1.3 million revenue reported for the first quarter of last year.

Tailwinds

  • IntentKey revenue is expected to increase 48% in Q1 2020 compared to the prior year period.
  • Closed a loan and security agreement with Hitachi Capital America Corp.
  • Closed a $688 thousand private placement of common stock with Board members.
  • Anticipate taking advantage of regulatory relief provided by the Securities and Exchange Commission and taking an additional 45 days to file its Form 10-K
  • In the 2019 fourth quarter, positive Adjusted EBITDA in large part due to the IntentKey revenue and margin contributions.

Headwinds

  • Marketing campaigns for two new IntentKey clients signed in March 2020 have been paused.
  • Potential impact from a number of suppliers within ValidClick due to COVID-19.
  • Office in San Jose, California is closed due to the stay at home order.
  • Experiencing interruptions in daily operations, including 10K reporting process.
  • Prolonged impact of the virus on the United States could lead to a negative impact on business and results of operations.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

-1.6%

Avg return

Earnings day

-0.9%

Avg return

5 days after

-0.5%

Avg return

30 days after

38%

25 / 65 earnings

Positive

+24.2%

Q1 2022

Best reaction

-29.2%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+7.8%-20.1%
Q4 2025-3.6%+1.5%-23.6%
Q3 2025-8.9%-3.7%+1.5%
Q2 2025-29.2%-30.6%-38.3%
Q1 2025+5.1%+12.8%+2.6%
Q4 2024-3.9%-9.3%-11.6%
Q3 2024-5.9%-12.5%+41.7%
Q2 2024-5.6%-6.7%-13.3%
Q1 2024-3.9%-8.6%-25.7%
Q4 2023-15.8%-6.1%-30.6%
Q3 2023+18.9%+42.1%+78.9%
Q2 2023+6.2%+4.3%+0.0%
Q1 2023+10.3%+27.6%-13.8%
Q4 2022-20.1%-18.9%-18.9%
Q3 2022-14.4%-17.1%-31.7%
Q2 2022+7.8%+12.2%-2.0%
Q1 2022+24.2%+39.4%+48.5%
Q4 2021+9.6%+13.3%+0.0%
Q3 2021-3.9%-8.2%-21.9%
Q2 2021-4.8%-15.9%-9.8%
Q1 2021-3.0%+7.8%+30.0%
Q4 2020-8.7%+34.5%-20.9%
Q3 2020-13.8%-18.6%-9.3%
Q2 2020-11.2%-12.5%-30.4%
Q1 2020-7.3%+8.3%+108.3%
Q4 2019-15.8%-5.0%+15.0%
Q3 2019-6.8%-3.3%-3.3%
Q2 2019+4.7%+13.6%+27.3%
Q1 2019-2.8%-16.2%+4.4%
Q4 2018-0.8%+0.0%+4.7%
Q3 2018-11.0%-14.0%-16.9%
Q2 2018-0.1%-1.4%-8.7%
Q1 2018-1.0%+1.1%-21.3%
Q4 2017+0.2%-3.6%+8.3%
Q3 2017+2.7%+0.0%+6.0%
Q2 2017-5.5%-11.0%-15.6%
Q1 2017-5.0%-0.8%-6.7%
Q4 2016+2.5%+5.3%-9.2%
Q3 2016+1.7%-6.0%+6.0%
Q2 2016-19.6%-11.1%-20.3%
Q1 2016-5.9%
Q4 2015-6.2%
Q3 2015+5.0%
Q2 2015-1.3%
Q1 2015-2.1%
Q4 2014+17.1%
Q3 2014-1.5%
Q2 2014-6.1%
Q1 2014+13.7%
Q4 2013-3.7%
Q3 2013-2.4%
Q2 2013+5.9%
Q1 2013+7.7%
Q4 2012+4.2%
Q3 2012-8.8%
Q2 2012-6.5%
Q1 2012+5.2%
Q4 2011-11.5%
Q3 2011-3.7%
Q3 2010-3.7%
Q2 2010+5.4%
Q2 2011+5.4%
Q1 2011+7.3%
Q1 2010+7.3%
Q4 2010+7.3%

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