Issuer Direct Stock Price, News & Analysis

Issuer Direct Corporation (NYSE American: ISDR) reported a 25% year-over-year revenue increase, reaching $7.1 million in Q4 2022, largely attributed to the acquisition of iNewswire, LLC. This acquisition nearly doubled the newswire revenues and customer base, solidifying the company's focus on growth through acquisitions. However, operating income fell to $44,000 from $698,000 in Q4 2021 due to increased expenses related to integration and amortization. Net loss was $109,000, or $(0.03) per diluted share. For the full year, total revenue rose 7% to $23.5 million, while net income decreased to $1.9 million, or $0.52 per share. Operating cash flow for 2022 stood at $4 million, down from $4.7 million in 2021.

Issuer Direct will exhibit at the PDAC Tradeshow North, the premier mineral exploration and mining convention, in Toronto, Canada from March 1-4, 2023. As a sold-out exhibitor, Issuer Direct aims to showcase its expertise in press release distribution for the mining sector, reinforcing its role as a valuable resource for companies in this industry. The company features its ACCESSWIRE newswire service, recognized for exceptional customer service and pricing. Attendees can visit booth #7428N for insights on enhancing brand visibility through strategic communications.

Issuer Direct Corporation (NYSE American: ISDR) announced a conference call on March 2, 2023, at 4:30 p.m. ET to discuss the 2022 financial results.

Participants can join via toll-free and international numbers, with access code 217260. A live webcast will also be available. The call replay will start one hour after the live event, accessible via provided toll numbers and passcode 47738.

Issuer Direct provides vital communication solutions, catering to a range of clients from startups to multinational companies. For more details, visit issuerdirect.com.

Issuer Direct announced its sponsorship of the Palm Beach CorpGov Forum on February 9, 2023. This invite-only event gathers over 200 attendees, including corporate directors, C-suite executives, and institutional investors, aiming to address corporate governance issues. As a first-time sponsor, Issuer Direct is eager to build relationships within the industry and support discussions on best practices. The company's subsidiary, ACCESSWIRE, is recognized as a leading newswire service, providing global distribution and top-tier customer service.

On February 21-24, 2023, the MicroCap Rodeo’s 3rd Annual Winter Wonderland Best Ideas Conference will take place virtually, organized by Issuer Direct. This conference builds on the success of previous events and will feature over 35 small-cap companies presenting insights on industry challenges and strategies. Attendees can engage in 1-on-1 meetings with company leaders from February 23-24, facilitating networking and knowledge sharing. The conference aims to enhance business productivity and foster growth in targeted markets. Registration can be completed at microcaprodeo.com/signup.

Issuer Direct Corporation (NYSE American: ISDR) announced the appointment of Mark J. Lloyd as its new Chief Technology Officer. With extensive experience in technology implementation and product strategy, Mark will lead a team of 20 professionals, focusing on advancing the company's communications and compliance solutions. His prior roles include Senior Vice President at Lear Corporation and Consumer Online Officer at General Motors. This leadership change aims to enhance the company's integration of recent acquisitions, particularly Newswire.com, and to drive innovation.

Issuer Direct Corporation (NYSE American: ISDR) announced its Bronze sponsorship of the PRSA ICON 2022 Conference, the first in-person event since 2019. This follows Issuer Direct's acquisition of Newswire.com on November 3, 2022. The conference will feature keynote speakers like Emmitt Smith and Marlee Matlin, focusing on 'The Power of Influence'. Issuer Direct will also hold a raffle at Booth #120 on November 15, 2022. The company has been providing communications services for over 15 years, connecting organizations with investors and journalists.

Issuer Direct (NYSE:ISDR) reported Q3 2022 results, with total revenue down 3% year-over-year to $5.28 million, primarily due to a 5% decline in Communications revenue. ACCESSWIRE saw growth of 6%, while the company completed a $5 million stock repurchase plan. Operating income decreased to $789,000, reflecting increased general and admin expenses. Despite challenges, the acquisition of iNewsWire.com LLC aims to enhance news distribution capabilities significantly.

Issuer Direct Corporation (NYSE American:ISDR) announced its acquisition of iNewsWire.com LLC, significantly expanding its communications and press release distribution services. This strategic move is expected to increase Issuer Direct's annual revenues by over 50% and boost its communications business by over 80%. The combined customer base is set to nearly double, enhancing the company's market presence. CEO Brian Balbirnie expressed optimism about operational synergies and the benefits to customers from accessing expanded media resources and technology platforms.