A
ACCESS Newswire Inc.
ACCSCIK 0000843006NYSENon-AcceleratedSmaller ReportingServices-Management Consulting ServicesFY ends Dec 31
Period
FY 2025
Revenue
$22.62M
Net Income
$4.29M
Total Assets
$41.99M
Equity
$30.34M
Shares Out
3.86M
Op. Cash Flow
$558.0K
Business
ACCESS Newswire Inc. provides a cloud-based communications platform that enables businesses to manage public relations and investor relations workflows and distribute corporate news to targeted stakeholders. Its main products and services include press release distribution, media monitoring, media database and pitching, investor relations websites, webcasting and events, media rooms, an incident hotline, and the Press Release Optimizer (PRO). Key business segments comprise its integrated Communications platform (ACCESS PR, ACCESS IR, ALL ACCESS) and related subscription and standalone offerings; its former Compliance business assets were sold. ACCESS sells primarily to small and mid-market B2B companies worldwide through direct sales, partner and reseller programs, and an online self-service e-commerce platform.
Summary from filing dated 2025-03-25
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenues | 23 | 23 | 25 | 24 | 22 | |
| Cost of revenues | 5 | 6 | 6 | 6 | 6 | |
| Gross margin | 17 | 17 | 19 | 18 | 16 | |
| General and administrative | 7 | 7 | 8 | 7 | 6 | |
| Sales and marketing | 6 | 7 | 8 | 6 | 5 | |
| Product development | 3 | 3 | 3 | 1 | 1 | |
| Depreciation and amortization | 3 | 3 | 3 | 970,000 | 603,000 | |
| Impairment loss (See Notes 5 and 10) | 250,000 | 14 | — | — | — | |
| Total operating costs and expenses | 19 | 34 | — | 15 | 12 | |
| Operating loss | −2 | −16 | −3 | 3 | 4 | |
| Interest expense, net | −2,000 | −1 | — | — | — | |
| Other income (expense) (See Notes 6 and 7) | −80,000 | 81,000 | −391,000 | — | 366,000 | |
| Loss from continuing operations before income taxes | −2 | −17 | −4 | 3 | 4 | |
| Income tax benefit | −395,000 | −4 | −938,000 | 724,000 | 821,000 | |
| Net loss from continuing operations | −2 | −13 | −3 | — | — | |
| Net income from discontinued operations, net of taxes | 6 | 2 | 4 | — | — | |
| Net income (loss) | 4 | −11 | 766,000 | 2 | 3 | |
| Loss from continuing operations per share basic | −0.4 | −3.47 | −0.9 | — | — | |
| Loss from continuing operations per share diluted | −0.4 | −3.47 | −0.9 | — | — | |
| Income from discontinued operations per share basic | 1.51 | 0.65 | 1.1 | — | — | |
| Income from discontinued operations per share diluted | 1.51 | 0.65 | 1.1 | — | — | |
| Income (loss) per share basic | 1.11 | −2.82 | 0.2 | 0.52 | 0.87 | |
| Income (loss) per share diluted | 1.11 | −2.82 | 0.2 | 0.52 | 0.86 | |
| Weighted average number of common shares outstanding basic | 4 | 4 | 3,802 | 4 | 4 | |
| Weighted average number of common shares outstanding diluted | 4 | 4 | 3,816 | 4 | 4 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 3 | 4 | — | 5 | 24 | |
| Accounts receivable (net of allowance for credit losses of $1,336 and $1,059, respectively) | 4 | 3 | 3 | 3 | — | |
| Other current assets | 2 | 1 | 1 | 2 | 750,000 | |
| Current assets held for sale | 0 | 1 | 1 | — | — | |
| Total current assets | 8 | 10 | 12 | 9 | 28 | |
| Capitalized software (net of accumulated amortization of $3,923 and $3,644, respectively) | 828,000 | 934,000 | 556,000 | 138,000 | 201,000 | |
| Fixed assets (net of accumulated depreciation of $669 and $914, respectively) | 136,000 | 365,000 | 495,000 | 625,000 | 713,000 | |
| Right-of-use asset leases (See Note 10) | 324,000 | 766,000 | 1 | 1 | 2 | |
| Other long-term assets | 73,000 | 158,000 | 101,000 | 136,000 | 94,000 | |
| Goodwill | 19 | 19 | 19 | 22 | 6 | |
| Intangible assets (net of accumulated amortization of $9,525 and $7,024, respectively) | 9 | 12 | 29 | 32 | 2 | |
| Deferred tax asset | 4 | 4 | — | — | — | |
| Non-current assets held for sale | 0 | 4 | — | — | — | |
| Total assets | 42 | 51 | 65 | 66 | 39 | |
| Accounts payable | 2 | 1 | 1 | 1 | 695,000 | |
| Accrued expenses | 2 | 2 | 2 | 2 | 2 | |
| Income taxes payable | 133,000 | 56,000 | 11,000 | 157,000 | 46,000 | |
| Current portion of long-term debt | 870,000 | 4 | 4 | 22 | — | |
| Deferred revenue | 5 | 5 | 5 | 5 | 3 | |
| Current liabilities held for sale | 0 | 893,000 | 871,000 | — | — | |
| Total current liabilities | 10 | 13 | 13 | 31 | 6 | |
| Long-term debt (net of debt discount of $52 and $70, respectively) (see Note 6) | 2 | 12 | 16 | 0 | — | |
| Deferred income tax liability | 86,000 | 0 | — | — | — | |
| Lease liabilities long-term (See Note 10) | 317,000 | 668,000 | 1 | 1 | 2 | |
| Other long-term liabilities | 20,000 | 0 | 21,000 | 0 | — | |
| Total liabilities | 12 | 25 | 30 | 33 | 8 | |
| Preferred stock, $0.001 par value, 1,000,000 shares authorized, no shares issued and outstanding as of December 31, 2025 and 2024, respectively. | 0 | 0 | 0 | 0 | 0 | |
| Common stock $0.001 par value, 20,000,000 shares authorized, 3,850,435 and 3,838,743 shares issued and outstanding as of December 31, 2025 and 2024, respectively. | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | |
| Additional paid-in capital | 25 | 24 | 24 | 22 | 22 | |
| Other accumulated comprehensive loss | −96,000 | −178,000 | −49,000 | −96,000 | −19,000 | |
| Retained earnings | 5 | 1 | 12 | 11 | 9 | |
| Total stockholders' equity | 30 | 25 | 35 | 33 | 32 | |
| Total liabilities and stockholders equity | 42 | 51 | 65 | 66 | 39 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Gain on disposal of business | −9 | 0 | — | — | — | |
| Provision for credit losses | 1 | 1 | 538,000 | — | — | |
| Depreciation and amortization | 3 | 3 | 3 | 1 | 1 | |
| Deferred income taxes | 188,000 | −4 | −433,000 | −278,000 | −106,000 | |
| Stock-based compensation expense employees and directors | 909,000 | 684,000 | 1 | — | — | |
| Stock-based compensation expense - consultants | 0 | 44,000 | 0 | — | — | |
| Change in fair value of interest rate swap | 80,000 | −81,000 | 21,000 | — | — | |
| Amortization of debt issuance costs | 17,000 | 17,000 | 13,000 | 0 | — | |
| Decrease (increase) in accounts receivable | −1 | −2 | −2 | −9,000 | −1 | |
| Decrease (increase) in other assets | 512,000 | 434,000 | 70,000 | −282,000 | −160,000 | |
| Increase (decrease) in accounts payable | 154,000 | 224,000 | −60,000 | 35,000 | 393,000 | |
| Increase (decrease) in income tax payable | 76,000 | 45,000 | — | — | — | |
| Increase (decrease) in deferred revenue | 208,000 | 0 | 267,000 | 564,000 | 887,000 | |
| Increase (decrease) in accrued expenses and other liabilities | −401,000 | −389,000 | −801,000 | −147,000 | −265,000 | |
| Net cash provided by operating activities | 558,000 | 3 | 3 | 4 | 5 | |
| Purchase of fixed assets | −20,000 | −19,000 | −25,000 | −66,000 | −62,000 | |
| Capitalized software | −172,000 | −597,000 | — | — | — | |
| Proceeds from Sale of Compliance business | 12 | 0 | — | — | — | |
| Net cash provided by investing activities | 12 | −616,000 | −153,000 | −18 | −277,000 | |
| Payment of long-term debt (see Note 6) | −13 | −4 | — | — | — | |
| Payment for stock repurchase and retirement | −163,000 | 0 | — | — | — | |
| Net cash used in financing activities | −14 | −4 | −2 | −5 | −146,000 | |
| Net change in cash and cash equivalents | −1 | −1 | 826,000 | −19 | 4 | |
| Currency translation adjustment | 110,000 | −155,000 | 56,000 | −101,000 | — | |
| Cash paid for income taxes | 2 | 342,000 | 1 | 954,000 | 1 | |
| Cash paid for interest | 413,000 | 1 | 1 | 0 | — |
Filings
Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro
Material Events
Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro
Insiders
Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro
Institutional Holders
Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro