ACCESS Newswire (ACCS) investor relations material

Executive summary

• Q3 2025 revenue increased to $5.7M, up 2% sequentially and year-over-year, driven by higher core press release volume and improved profitability.

• Adjusted EBITDA rose to $933K (16% of revenue), up 71% year-over-year, reflecting operational discipline and cost optimization.

• Net loss from continuing operations narrowed to $45K in Q3 2025 from $870K in Q3 2024; non-GAAP net income was $760K ($0.20/share), up from $187K ($0.05/share) in Q3 2024.

• Customer base reached 12,445, with 972 subscription customers and a 14% year-over-year increase in average recurring revenue per subscriber to $11,651.

• Sale of the Compliance business in February 2025 generated a $12M cash inflow, reduced debt by 83%, and resulted in $1.7M net income from discontinued operations.

Financial highlights

• Gross margin held at 75% for Q3 and 76% for the nine months ended September 30, 2025.

• Operating loss improved to $184K from $604K in Q3 2024 due to lower G&A and credit loss provisions.

• Year-to-date revenue was $16.8M, down 2% from $17.2M in the first nine months of 2024, with core press release revenue up 1%.

• Adjusted free cash flow for the first nine months was $799K, down from $1.9M in 2024 due to tax payments related to the business sale.

• Cash and cash equivalents at September 30, 2025 were $3.3M, with $582K cash outflow due to tax payments on the compliance business sale.

Outlook and guidance

• Management expects continued sequential improvement in revenue and Adjusted EBITDA in Q4 2025, with stable demand despite global uncertainties.

• Targeting over 1,500-1,600 subscription customers by end of 2026, focusing on ARR growth and customer retention.

• Plans to launch new product capabilities, expand social media integrations, and further automate editorial processes before year-end.

• Strategic focus on expanding products, customer base, and newswire distribution, investing in technology, and evaluating acquisitions.