Record-Breaking Revenue Growth
Inuvo achieved a 57% year-over-year growth rate, generating $26.7 million in revenue, marking its largest quarter ever. Trailing twelve-month revenue is now $93.5 million, with expectations to exceed $100 million this year.
Platform Segment Expansion
Platform product line grew by 61% year over year, with a 100% increase in campaign volume. Ad impressions grew by 200% for two key clients, and onboarding time for new websites reduced by 50%.
Agencies and Brands Growth
The agencies and brands segment experienced a 31% year-over-year growth rate, with a 23% increase in the client base and 15 clients using the self-serve capability.
Strong Client Retention and Acquisition
80% of clients from Q1 2024 continued into Q1 2025, along with the addition of 20 new clients this year.
Positive Feedback on AI Technology
AI technology showed superior performance with reports of tripling conversions for clients and outperforming other campaigns.
Financial Health and Cash Management
Net loss reduced to $1.3 million compared to $2.1 million the previous year, with adjusted EBITDA nearly breakeven. Effective cash management reduced cash burn by $1 million compared to last year.