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Inuvo, Inc. (NYSE American: INUV) is a pioneering advertising technology company that offers innovative solutions for both advertisers and publishers. The company's core focus is on developing and selling technologies that deliver targeted advertisements across various devices and formats, ensuring that consumers receive relevant content based on their interests.
Inuvo's flagship products include ValidClick and IntentKey. ValidClick is a comprehensive advertising platform that facilitates the placement of digital ads across multiple channels, such as social media, video, mobile, connected TV, and display. IntentKey, on the other hand, is a proprietary AI-driven solution designed to understand the underlying reasons behind consumer interests. This allows advertisers to target audiences more effectively without relying on traditional identifiers like cookies.
With a diverse client base spanning industries such as retail, automotive, insurance, healthcare, technology, telecommunications, and finance, Inuvo has established a strong market presence. The company's revenue is generated primarily through the placement of digital ads on various platforms, including websites, applications, and browsers, leveraging social, search, and programmatic advertising channels.
Recent achievements highlight Inuvo's significant growth and financial performance. For the third quarter of 2023, the company reported a record revenue of $24.6 million, marking a 44% year-over-year increase. This growth was driven by a strategic shift towards indirect channels, which offer access to multiple end-clients and typically yield higher gross margins. The company's gross profit margin for this period stood at an impressive 90.7%, underscoring the effectiveness of its business model.
Inuvo is also at the forefront of addressing industry changes, particularly the move towards privacy-first advertising solutions. The company's AI-powered IntentKey is well-positioned to navigate the evolving landscape, ensuring compliance with new privacy regulations while maintaining the ability to deliver highly targeted ads. This capability is especially crucial as traditional ad-targeting methods become obsolete.
Inuvo's operational footprint includes teams of developers, designers, writers, marketers, advertising experts, data analysts, and testers located in California and Arkansas. This diverse and skilled workforce drives the company's innovation and success.
Looking ahead, Inuvo continues to explore new opportunities and expand its offerings. The recent launch of its AI-as-a-Service solution signifies a step towards empowering clients with tools to enhance their marketing strategies independently. Additionally, the company's ongoing enhancements to the IntentKey platform, including its ability to integrate trending events into audience discovery, demonstrate Inuvo's commitment to staying ahead of the curve in the rapidly evolving ad-tech industry.
Inuvo (NYSE American: INUV), a provider of intelligent advertising technology, has scheduled its Fourth Quarter and Year End 2024 financial results conference call for Thursday, February 27, 2025, at 4:15 PM EST. The company will discuss financial performance and provide business updates during the call.
Investors can join via toll-free number 1-800-717-1738 or international number 1-646-307-1865 using Conference ID 11158080. A replay will be available through March 13, 2025, accessible by dialing 1-844-512-2921 (domestic) or 1-412-317-6671 (international) with code 11158080.
Inuvo (NYSE American: INUV) has launched the IntentKey Platform, an AI-powered audience modeling solution designed for privacy-first advertising without cookies. The platform operates in a $200 billion advertising technology market and offers real-time audience insights that update every five minutes.
The platform is available in two formats: Self-Service, allowing marketers to build and activate custom audience models through their preferred DSP, and Managed Service, providing full-service optimization with expert campaign management. Key features include instant audience modeling, real-time updates, flexible activation, and enhanced audience insights including demographics, sentiment, and geography.
The IntentKey Platform uses ethically designed large-language-modeling to analyze open web content, creating evolving audience models without relying on personal identifiers. Success cases include James & James furniture brand, which improved media efficiency and discovered new product opportunities, and Emerald Ebikes, which demonstrated effective sales conversion through AI-generated audience models.
Inuvo has reported preliminary unaudited Q4 2024 revenue of approximately $26 million, marking a 26% year-over-year increase from Q4 2023's $20.8 million. This represents the highest quarterly revenue in the company's history. Management anticipates near breakeven adjusted EBITDA for the quarter, with full earnings details to be discussed during their upcoming conference call on February 27th, 2025.
The company's IntentKey® platform is highlighted as the first large-language generative AI solution capable of identifying and targeting audiences without relying on consumer data, tracking, or cookies, while maintaining competitive performance advantages. The platform is available both as managed and self-service options.
Inuvo (NYSE: INUV) has announced new zip code-level audience insights and targeting capabilities within its IntentKey® technology. This innovation enables advertisers to analyze consumer behavior patterns across over 40,000 U.S. zip codes without relying on personal data.
The technology leverages Inuvo's proprietary AI and large language model (LLM) to understand and generate insights about consumer interests at the zip code level. The system creates dynamic audience models that capture intent signals across products, services, and brands, continuously adapting to market trends.
This advancement is particularly significant as the industry faces the deprecation of cookies and traditional targeting methods. Key applications include optimizing local market strategies for retailers, targeting specific neighborhoods for service providers, executing regional campaigns for national brands, and enabling hyper-local targeting for local businesses.
Inuvo (NYSE American: INUV), an AI-powered advertising technology provider, has announced its participation in the iAccess Alpha Virtual Best Ideas Winter Conference 2024. The event will take place on December 10th and 11th, 2024.
Richard Howe, CEO of Inuvo, will deliver a presentation on Tuesday, December 10th at 12:30 p.m. EST. Following the presentation day, he will be available for one-on-one meetings with qualified investors on Wednesday, December 11th.
The conference, hosted by iAccess Alpha, features companies recommended by an investor network and follows a two-day format with company webcasts on the first day and one-on-one management meetings on the second day.
TerraNova Capital Equities announces three significant financial transactions totaling $45 Million. The company acted as sole advisor for: a $20 Million revolving credit facility for Danimer Scientific (NYSE: DNMR), secured through Mountain Ridge Capital and backed by accounts receivable and inventory; a $10 Million financing for Inuvo (NYSE American: INUV) arranged with SLR Digital to support its AI-powered marketing technology; and a $15 Million lender finance facility for Flow Capital Corp to expand their venture debt portfolio.
Inuvo (NYSE: INUV) reported Q3 2024 financial results with revenue of $22.4 million, marking a 23% sequential increase from Q2 2024, though down 9% year-over-year. The company posted a net loss of $2 million, including a one-time $600,000 non-cash impairment charge. Adjusted EBITDA loss was $357,000, showing a $310,000 improvement over Q2 2024.
For the nine months ended September 30, 2024, revenue increased 8.5% to $57.6 million. The company secured a $10 million credit line in July and closed a significant retail client agreement. Inuvo forecasts double-digit year-over-year growth for Q4 2024 and plans to launch an updated self-service IntentKey product in Q1 2025.
Inuvo (NYSE American: INUV), a provider of generative AI advertising solutions for brands and agencies, has scheduled its Third Quarter 2024 financial results conference call for Friday, November 8, 2024, at 8:30 AM EST. The call will discuss financial results and provide a business update for the quarter ended September 30, 2024. A telephone replay will be available through November 22, 2024. The company has provided toll-free and international dial-in numbers for participant access.
Inuvo, a leading AI-powered advertising technology provider (NYSE American: INUV), has announced its participation in the LD Micro 17th Annual Main Event. The event will take place from October 28th to 30th, 2024, at the Luxe Sunset Boulevard Hotel in Los Angeles. Barry Lowenthal, President of Inuvo, will deliver a presentation on October 29th, 2024, at 1:00 PM PT/4:00 PM ET. The presentation will be available via live webcast through the conference platform. Company management will also be conducting one-on-one meetings with investors during the conference.
Inuvo Inc. (NYSE American: INUV), an AI-powered advertising technology provider, has announced its participation in the H.C. Wainwright 26th Annual Global Investment Conference. The event is scheduled for September 9-11, 2024, at the Lotte New York Palace Hotel in New York City.
Key points:
- Inuvo's management will present on Monday, September 9th, 2024, at 11:30 AM Eastern Time
- The presentation will be webcast live on the conference platform and Inuvo's investor relations website
- Management will be available for one-on-one meetings with investors throughout the conference
Interested parties can access the live webcast through the provided links and request meetings with Inuvo via email.
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