NYSE$INUV

Inuvo Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Announced financial results for the fourth quarter and full year ending December 31, 2020.

Inuvo reported Q4 2020 revenue of $12.9 million, a 40% sequential increase. IntentKey revenue grew 34% year-over-year in Q4, while ValidClick revenue was up 48.5% sequentially. The company's balance sheet is strong, with $7.9 million in cash and no outstanding balance on its working capital line.

  • IntentKey platform grew year-over-year 34% in the fourth quarter and 22% overall.
  • ValidClick revenue was up 48.5% sequentially, recovering from COVID-19 related low point.
  • Inuvo launched the Software-as-a-Service (SaaS) version of the IntentKey in January 2021.
  • Company raised an additional $14.25 million from the sale of common stock subsequent to December 31, 2020.

Headline financials

Total Revenue

$12.9M

Previous: $18.2M-29.2%
EPS (adj)

-$0.01

Previous: -$0.02+50.0%
Adjusted EBITDA

$347K

No prior period
Net Income

-$715K

Previous: -$859K+16.7%
Operating Income

-$1.85M

Previous: -$1.31M-40.5%
Gross Profit

$10.8M

Previous: $12.8M-16.1%
Cash & Equivalents

$7.89M

Previous: $373K+2015.5%
Total Assets

$35.2M

Previous: $30.7M+14.6%

Revenue & EPS history

Inuvo · Revenue · Quarterly

$12.9M

Q4 2020-29.2%vs Q4 2019
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

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

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

Forward guidance

Inuvo expects ValidClick to return to normal and IntentKey to continue its growth trajectory, which combined is expected to result in positive Adjusted EBITDA for 2021.

Tailwinds

  • Expect ValidClick to be back to normal in 2021.
  • Expect the IntentKey to continue its growth trajectory.
  • Combined, expect positive Adjusted EBITDA for 2021.
  • Balance sheet has never been stronger.
  • Additional working capital will allow focus on organic growth and evaluating acquisition opportunities.

Headwinds

  • Forward looking statements are subject to certain risks, trends, and uncertainties including the continued impact of Covid-19 on Inuvo’s business and operations.
  • Cannot provide assurances that the assumptions upon which these forward-looking statements are based will prove to have been correct.
  • Should one of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements
  • Investors are cautioned not to place undue reliance on these forward-looking statements, which are current only as of this date.
  • Inuvo does not intend to update or revise any forward-looking statements made herein or any other forward-looking statements as a result of new information, future events or otherwise.

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 2020

Historical avgQ4 2020

-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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