Inuvo, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $86.2M | $83.8M | $73.9M | $75.6M | $59.8M |
| Cost of revenue | $22.0M | $12.0M | $10.5M | $30.2M | $15.9M |
| Gross profit | $64.2M | $71.8M | $63.4M | $45.4M | $43.9M |
| Selling, general & administrative | — | — | — | $8.6M | $7.2M |
| Operating expenses | $70.9M | $77.3M | $73.8M | $58.0M | $51.7M |
| Operating income | -$6.7M | -$5.5M | -$10.4M | -$12.6M | -$7.8M |
| Pretax income | — | -$5.8M | -$10.4M | — | — |
| Income tax expense | $10,705 | $8,030 | -$17,764 | $0 | $0 |
| Net income | -$5.1M | -$5.8M | -$10.4M | -$13.1M | -$7.6M |
| Balance Sheet | |||||
| Cash and equivalents | — | — | — | $2.9M | $10.5M |
| Current assets | $9.2M | $15.6M | $14.7M | $16.4M | $23.1M |
| Total assets | $24.9M | $32.2M | $32.4M | $35.6M | $44.0M |
| Current liabilities | $14.3M | $17.9M | $14.5M | $13.6M | $10.7M |
| Stockholders' equity | $10.0M | $13.5M | $17.0M | $21.7M | $32.8M |
| Cash Flow Statement | |||||
| Cash from operations | -$1.8M | $229,554 | -$2.6M | -$5.6M | -$5.3M |
| Depreciation and amortization | $1.8M | $1.7M | $2.7M | $2.6M | $3.1M |
| Stock-based compensation | $1.1M | $1.5M | $2.0M | $2.4M | $2.2M |
| Capital expenditure | $1.6M | $1.9M | $1.7M | $1.7M | $1.6M |
| Free cash flow | -$3.4M | -$1.6M | -$4.2M | -$7.3M | -$6.9M |
| Share repurchases | — | — | $61,136 | — | — |
| Impairments | — | — | — | $0 | $0 |
Shares outstanding 14.8M · Free float 4.4%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.