ACCESS Newswire Inc. reported its financial results for the second quarter of 2025, revealing a revenue decline of 7% to $5.6 million compared to $6.0 million in the same period of 2024. For the first half of 2025, total revenue decreased by 4% to $11.1 million from $11.6 million year-over-year. The company attributed this decline to lower revenue per press release, despite an increase in total volume of press releases distributed, which rose by 8% in the second quarter. Gross profit for the quarter was $4.3 million, resulting in a gross margin of 76%, slightly down from 77% in the prior year.

In terms of operational changes, ACCESS Newswire completed the sale of its compliance business on February 28, 2025, which has been classified as discontinued operations in the financial statements. This strategic move allowed the company to reduce its long-term debt significantly, with the current portion of long-term debt dropping from $4 million at the end of 2024 to $870,000 by June 30, 2025. The sale also contributed to a net income from discontinued operations of $5.9 million for the first half of 2025, compared to a loss of $132,000 in the same period of 2024.

The company’s total assets decreased to $45.6 million as of June 30, 2025, down from $50.6 million at the end of 2024. Current liabilities also saw a reduction, totaling $12.2 million, down from $12.8 million. ACCESS Newswire reported a net loss from continuing operations of $239,000 for the second quarter, an improvement from a loss of $683,000 in the same quarter of the previous year. The company’s cash and cash equivalents remained stable at $4.1 million, reflecting a slight increase from $4.1 million at the end of 2024.

As of June 30, 2025, ACCESS Newswire had 971 subscriptions, generating an annual recurring revenue (ARR) of approximately $10.7 million. The company continues to focus on expanding its customer base and enhancing its product offerings, particularly through its new subscription platform launched in early 2025. Looking ahead, ACCESS Newswire aims to adapt to changing market conditions, invest in technology advancements, and explore potential acquisitions to drive sustainable growth.

The company remains optimistic about its future, despite ongoing global economic uncertainties, including geopolitical tensions and inflationary pressures. ACCESS Newswire believes that the demand for its services will remain stable as businesses seek effective communication platforms. The company plans to continue its strategic initiatives to enhance its market position and generate profitable growth in the coming years.

About ACCESS Newswire Inc.

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