Inuvo Reports Record Revenue in Q4 2024, Achieving 26% Year-Over-Year Growth

Inuvo, Inc. (NYSE American: INUV), a leading provider of marketing technology powered by artificial intelligence (AI), has reported preliminary unaudited revenue results for the fourth quarter of 2024. The company is projecting revenue of approximately $26 million for Q4 2024, a 26% year-over-year increase from the $20.8 million reported in Q4 2023. This growth sets a new record as the highest quarterly revenue in the Company's history (Source: GlobeNewsWire, Jan 21, 2025).

Inuvo's strong performance in Q4 2024 can be attributed to several factors:

1. AI advancements: Inuvo made significant AI advancements in 2023, introducing cutting-edge capabilities and features that are a first-in-kind by any AdTech company. These advancements are expected to contribute to higher gross margins and improve the bottom line in 2024 (Source: GlobeNewsWire, Feb 29, 2024).
2. Expansion of client base: Inuvo signed 56 new agencies/brands and one new platform during 2023, expanding its client base and contributing to increased revenue (Source: GlobeNewsWire, Feb 29, 2024).
3. Introduction of new products: Inuvo introduced two new higher margin products in 2023, which contributed to higher gross margins and improved the bottom line (Source: GlobeNewsWire, Feb 29, 2024).
4. Robust sales pipeline: Inuvo's sales pipeline is robust, and the outlook for 2024 is promising, contributing to the record revenue in Q4 2024 (Source: GlobeNewsWire, May 7, 2024).



Inuvo's IntentKey AI solution, a first-of-its-kind proprietary and patented technology, enables the company to identify and action on the reasons why consumers are interested in products, services, or brands, rather than focusing on who those consumers are. This innovative approach has allowed Inuvo to outperform competitors and attract a growing number of clients, including top three auto, technology, and retail companies.

Inuvo's commitment to a cookieless future and its ability to work around Google's privacy changes have further strengthened its market position. The company's innovative solutions, such as its omnichannel measurement solution and AI-as-a-service, have positioned Inuvo as a leader in the AI-driven advertising sector.



Inuvo's strategic focus on AI-driven advertising solutions has undoubtedly contributed to its revenue growth and market position. By continuing to innovate and expand its offerings, Inuvo can capitalize on the growing demand for AI-driven advertising solutions and further solidify its position in the market.