ACCESS Newswire (ACCS) Q4 2025 earnings summary

Executive summary

• 2025 marked a transformational year with a strategic rebrand, divestiture of the compliance business, and a shift to a subscription-first model.

• Recurring subscription revenue grew to 53% of total revenue, with ARR per subscriber up 16% year-over-year.

• Major product launches included AI-driven editorial tools, real-time social monitoring, and the #KillTheReport analytics platform.

• The EDU program expanded to over 2,000 students and 100+ universities, building a future customer pipeline.

• Net loss from continuing operations for 2025 was $1.6M, a significant improvement from 2024, mainly due to the absence of a prior-year impairment charge.

Financial highlights

• Q4 2025 revenue was $5.8M, up $100K sequentially and flat year-over-year; full-year revenue was $22.6M, down 2% from 2024.

• Adjusted EBITDA for Q4 was $0.9M (15% margin); full-year adjusted EBITDA rose to $3.2M (14% margin).

• Gross margin improved to 77% in Q4 and full year, up from 75% and 76% in 2024.

• Non-GAAP net income for Q4 2025 was $0.7M ($0.17/share), and $2.2M ($0.57/share) for the year.

• Adjusted free cash flow for 2025 was $1.3M, down from $2.8M in 2024, impacted by higher tax payments.

Outlook and guidance

• Targeting up to 1,500 subscription customers by end of 2026, with ARR per subscriber expected to rise as new features are monetized.

• Adjusted EBITDA margins projected to move into mid- to high teens in the second half of 2026.

• Incremental revenue expected in 2026 from premium subscription tiers and per-release pricing for new AI-driven offerings.

• Continued focus on operational discipline, innovation, and margin expansion.

• Continued focus on top-line growth, enterprise customer acquisition, and product innovation.