ACCESS Newswire Reports Strategic Shift and Earnings Growth

Issuer Direct ( (ACCS) ) has released its Q1 earnings. Here is a breakdown of the information Issuer Direct presented to its investors.

ACCESS Newswire Inc., a prominent communications company, specializes in providing public relations and investor relations solutions. The company recently released its first-quarter 2025 earnings report, highlighting a strategic shift and financial performance.

During the first quarter of 2025, ACCESS Newswire reported a slight revenue decline of 2% to $5.5 million compared to the same period last year. However, the company achieved significant growth in adjusted EBITDA, which rose to $564,000 from $61,000. Cash flow from operations also saw a substantial increase, reaching $809,000 from $77,000 in the previous year. The company completed the sale of its compliance business for $12.5 million, marking a strategic move to focus on its core communications platform.

Key financial metrics revealed a gross margin improvement to 78% of revenue, driven by reduced staffing costs. Operating loss decreased to $677,000, and net income from discontinued operations surged to $6.15 million, primarily due to the compliance business sale. Subscription growth was notable, with an increase to 955 customers and an average annual recurring revenue per customer rising to $11,139.

Looking ahead, ACCESS Newswire’s management remains optimistic about the company’s future, emphasizing its focus on communication business growth and product innovation. The company aims to have 75% of its revenue derived from subscription customers by the end of 2025, setting the stage for accelerated growth in the coming quarters.