ACCESS Newswire Inc Stock Price, News & Analysis

ACCESS Newswire (NYSE:ACCS) reported Q1 2025 results with mixed performance. Revenue decreased 2% to $5.5M compared to Q1 2024, while Adjusted EBITDA significantly improved to $564,000 from $61,000. The company completed the sale of its Compliance business for $12.5M in February 2025, resulting in a net gain of $6M. Key operational metrics showed improvement with subscriptions increasing to 955 from 874 year-over-year, and average ARR per subscription customer rising to $11,139 from $9,300. Gross margins improved to 78% from 75%, though the company reported an operating loss of $677,000. Cash flow from operations strengthened to $809,000 compared to $77,000 in Q1 2024. The company is focusing on its Communications platform subscription business, aiming to have 75% of revenue from subscription customers by end of 2025.

ACCESS Newswire (NYSE American: ACCS) has announced it will host a conference call and live webcast to discuss its first quarter 2025 results on May 13, 2025, at 9:00 AM ET. Participants can join the call approximately 5-10 minutes before start time using toll number 973-528-0011 or toll-free 888-506-0062 with access code 169180.

A replay will be available about one hour after the event concludes, accessible via toll number 919-882-2331 or toll-free 877-481-4010 using passcode 52259. The webcast and transcript will be available at investors.accessnewswire.com/events-presentations.

ACCESS Newswire (NYSE:ACCS) reported Q4 2024 results with revenue increasing 1% to $5.8M and gross margin maintaining at 75%. The company recorded a significant operating loss of $(14.3M) primarily due to a $14.15M impairment loss related to the Newswire tradename revaluation.

Key Q4 metrics include Adjusted EBITDA of $871,000 (15% of revenue) and improved cash flow from operations at $353,000. Subscription customers grew to 1,124, with ARR reaching $10,735. For full-year 2024, total revenue decreased 6% to $23.1M.

Notable developments include the company's rebranding to ACCESS Newswire (effective January 27, 2025) and the sale of its compliance business for $12.5M (February 28, 2025). Management highlighted plans to focus on improving gross margins and EBITDA through operational efficiency and subscription growth.

ACCESS Newswire Inc. (NYSE American: ACCS) has scheduled its Fourth Quarter and Full Year 2024 earnings conference call for March 25, 2025 at 9:00 AM Eastern Time. The company will host both a conference call and live webcast to discuss the financial results.

Participants can join the call using toll number 973-528-0011 or toll-free 888-506-0062 with access code 292516. A replay will be available approximately one hour after the event, accessible via toll number 919-882-2331 or toll-free 877-481-4010 using passcode 52150. The webcast and transcript will be available at investors.accessnewswire.com/events-presentations.

ACCESS Newswire (NYSE:ACCS) has sold its compliance division to Equiniti Trust Company for $12.5 million, marking a strategic shift to become a pure communications SaaS subscription business. The transaction closed on February 28, 2025.

Key details of the deal include:

• $12 million immediate payment with $500,000 held back for 12 months
• Transfer of 11 employees, client contracts, and related assets
• Full proceeds used to reduce bank debt from $15.3M to approximately $3.3M
• Restructured term loan and renewed line of credit

The company is now focused on transitioning its 10,000+ customers into three subscription tiers: ACCESS IR, ACCESS PR, and All ACCESS. The streamlined business model is expected to deliver enhanced EBITDA margins and predictable monthly recurring revenue. Non-cash charges related to rebranding and discontinued operations will be reflected in Q4 2024 and Q1 2025 financial statements.

ACCESS Newswire Inc. (NYSE American: ACCS), formerly Issuer Direct , announced its corporate rebranding and new ticker symbol effective January 27, 2025. The company is launching three new fixed-fee subscription models: ACCESS IR, ACCESS PR, and All ACCESS, ranging from $1,000 to $2,500 monthly.

The rebranding unifies multiple brands (Accesswire.com, Newswire.com, and Pressrelease.com) under one banner. The company's 2025 technology roadmap includes AI engine deployment, Wikipedia-style business profiles, social marketing platform integration, and advanced tonality engine implementation.

Currently serving over 12,000 clients globally, ACCESS Newswire aims to become the third-largest newswire service by mid-2025. The transformation focuses on creating a unified communications platform with integrated storytelling, distribution, monitoring, and targeted outreach capabilities.