ACCESS Newswire (ACCS) investor relations material

Executive summary

• Q1 2026 revenue was $5.3M, down 3% year-over-year and 8% sequentially, mainly due to lower ProPlan and webcasting revenues, while core press release revenue remained flat or slightly down.

• Customer retention improved to 92%, up from high 80s in 2025, reflecting strong subscription health and a fundamental shift in business model.

• Subscription revenues grew to 60% of total revenue, driven by new product tiers and upgrades, with ARR per subscriber up 15% year-over-year to $12,803.

• 110–180 new customers added in Q1; total subscribers up 17% year-over-year to 1,119.

• New product launches, including Social Monitoring and AI-powered editorial assistant, are generating positive early results and incremental ARR.

Financial highlights

• Operating expenses were $4.7M, down 11% sequentially and 6% year-over-year.

• Gross margin was 74%, down from 77% in Q4 2025 and 78% in Q1 2025, due to lower revenue and higher distribution costs.

• Operating loss was $718K, slightly higher than $677K in Q1 2025 but improved from Q4 2025.

• Net loss from continuing operations was $611K, improved from $765K–$800K in Q1 2025.

• Adjusted EBITDA was $564K (11% of revenue), flat year-over-year.

Outlook and guidance

• Topline growth is the mandate for 2026, with a focus on new customer acquisition, volume, and commercializing new product suites.

• Targeting retention rate above 95% by year-end and aiming for 80% of revenue from ARR by next year.

• Expecting incremental revenue from new analytics and AI-powered products in Q2 and beyond.

• Management expects stable demand for platforms despite global economic and political uncertainties.

• Continued transition to a subscription model is seen as key to long-term growth.