Inuvo Reports Unaudited Preliminary Fourth Quarter 2024 Record  Revenue of $26 Million, Achieving 26% Year-Over-Year Growth

LITTLE ROCK, Ark., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Inuvo, Inc. (NYSE American: INUV), supplier of the archetypal generative artificial quality (AI) advertiser solution made specifically for brands and agencies, contiguous reported preliminary unaudited gross results for the 4th fourth of 2024.

Inuvo is projecting gross of astir $26 cardinal for Q4 2024, a 26% year-over-year summation from the $20.8 cardinal reported successful Q4 2023. This maturation would acceptable a caller grounds arsenic the highest quarterly gross successful the Company's history.

Richard Howe, CEO of Inuvo, stated, As discussed during our 3rd 4th league call, we anticipated a treble digit summation successful 4th fourth gross arsenic good arsenic a adjacent breakeven adjusted EBITDA for the quarter. While the audit of our results has not yet been completed, we judge the optimism we expressed successful November was well-founded.

Mr. Howe continued, We look guardant to sharing much details astir our beardown 4th quarter, arsenic good arsenic our plans for 2025, during our upcoming net league call, which is expected to instrumentality spot connected February 27th, 2025.

IntentKey ® is the archetypal large-language generative AI that tin place and people audiences without user data, tracking, oregon cookies portion outperforming competitors. This precocious AI empowers marketers with Inuvo's assemblage find and targeting exertion implemented some arsenic a managed work and/or self-service.

The fiscal accusation and results successful this property merchandise are preliminary and person been prepared internally by absorption based connected the champion accusation presently disposable to the Company and are taxable to completion of the 4th fourth and afloat twelvemonth fiscal statements and audit by our autarkic registered nationalist accounting firm. There tin beryllium nary assurance that existent results volition not disagree from the preliminary fiscal accusation presented herein and specified changes could beryllium material. This preliminary fiscal information should not beryllium viewed arsenic a substitute for afloat fiscal statements prepared successful accordance with Generally Accepted Accounting Principles.

About Inuvo

Inuvo ®, Inc. (NYSE American: INUV) is simply a marketplace person successful Artificial Intelligence built for advertising. Its IntentKey AI solution is simply a first-of-its-kind proprietary and patented exertion susceptible of identifying and actioning to the reasons wherefore consumers are funny successful products, services, oregon brands, not who those consumers are. To larn more, sojourn  www.inuvo.com.

Safe Harbor / Forward-Looking Statements

This property merchandise contains forward-looking statements wrong the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Inuvo's quarter-end fiscal adjacent process and mentation of fiscal statements for the 4th that are taxable to risks and uncertainties that could origin results to beryllium materially antithetic than expectations. These forward-looking statements are taxable to risks and uncertainties that whitethorn origin existent results to disagree materially, including, without regulation risks elaborate from clip to clip successful our filings with the Securities and Exchange Commission (the SEC), and correspond our views lone arsenic of the day they are made and should not beryllium relied upon arsenic representing our views arsenic of immoderate consequent date. You are urged to cautiously reappraisal and see immoderate cautionary statements and different disclosures, including the statements made nether the heading "Risk Factors" successful Inuvo, Inc.'s Annual Report connected Form 10-K for the fiscal twelvemonth ended December 31, 2023 arsenic filed connected February 29, 2024, and our different filings with the SEC. In addition, our expectations astir the 4th fourth and afloat twelvemonth 2024 results are based connected preliminary accusation astir the 4th fourth and afloat twelvemonth and are taxable to revision oregon accommodation based connected our 4th and year-end reappraisal procedures. Although the 4th fourth and afloat twelvemonth are present completed, we are inactive successful the process of our modular fiscal reporting closing procedures. Accordingly, pursuing completion of our mean closing and audit processes, it whitethorn crook retired that existent results disagree materially from these preliminary results. Factors that could origin our existent results for the 4th fourth and afloat twelvemonth to disagree materially from our preliminary results include, but are not constricted to, inaccurate assumptions, unrecorded expenses, changes successful estimates oregon judgments, and facts oregon circumstances affecting the exertion of our captious accounting policies. All forward-looking statements impact important risks and uncertainties that could origin existent results to disagree materially from those successful the forward-looking statements, galore of which are mostly extracurricular the power of Inuvo, Inc. and are hard to predict. Inuvo does not mean to update oregon revise immoderate forward-looking statements made herein oregon immoderate different forward-looking statements arsenic a effect of caller information, aboriginal events, oregon otherwise. Inuvo further expressly disclaims immoderate written oregon oral statements made by a 3rd enactment regarding the taxable substance of this property release. The accusation which appears connected our websites and our societal media platforms is not portion of this property release.

Inuvo Company Contact:
Wally Ruiz
Chief Financial Officer
Tel (501) 205-8397
wallace.ruiz@inuvo.com

Investor Relations:
David Waldman / Natalya Rudman
Crescendo Communications, LLC
Tel: (212) 671-1020
inuv@crescendo-ir.com

Source: Inuvo Inc.