ACCESS Newswire Inc.ACCSEarnings & Financial Report
PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021...
Revenue
$6.0M
Gross Profit
$4.6M
Operating Profit
$-531.0K
Net Profit
$7.0K
Gross Margin
77.2%
Operating Margin
-8.8%
Net Margin
0.1%
YoY Growth
-37.6%
EPS
$0.00
ACCESS Newswire Inc. Q2 FY2024 Financial Summary
ACCESS Newswire Inc. reported revenue of $6.0M (down 37.6% YoY) for Q2 FY2024, with a net profit of $7.0K (down 99.5% YoY) (0.1% margin). Cost of goods sold was $1.4M, operating expenses totaled $5.2M.
Key Financial Metrics
| Total Revenue | $6.0M |
|---|---|
| Net Profit | $7.0K |
| Gross Margin | 77.2% |
| Operating Margin | -8.8% |
| Report Period | Q2 FY2024 |
ACCESS Newswire Inc. Annual Revenue by Year
ACCESS Newswire Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $22.6M).
| Year | Annual Revenue |
|---|---|
| 2025 | $22.6M |
| 2024 | $23.1M |
| 2023 | $24.5M |
| 2022 | $23.5M |
ACCESS Newswire Inc. Quarterly Revenue & Net Profit History
ACCESS Newswire Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $5.8M | -0.5% | $-576.0K | -9.9% |
| Q3 FY2025 | $5.7M | +1.5% | $-45.0K | -0.8% |
| Q2 FY2025 | $5.6M | -6.6% | $-475.0K | -8.5% |
| Q1 FY2025 | $5.5M | -1.7% | $5.4M | 98.4% |
| Q4 FY2024 | $5.8M | +542.4% | $-10.2M | -175.0% |
| Q3 FY2024 | $5.6M | -25.5% | $-466.0K | -8.3% |
| Q2 FY2024 | $6.0M | -37.6% | $7.0K | 0.1% |
| Q1 FY2024 | $5.6M | -35.4% | $-139.0K | -2.5% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.6M | $6.0M | $5.6M | $5.8M | $5.5M | $5.6M | $5.7M | $5.8M |
| YoY Growth | -35.4% | -37.6% | -25.5% | 542.4% | -1.7% | -6.6% | 1.5% | -0.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $64.4M | $62.8M | $61.7M | $50.6M | $47.3M | $45.6M | $44.0M | $42.0M |
| Liabilities | $29.2M | $27.4M | $26.5M | $25.4M | $16.4M | $14.9M | $13.3M | $11.6M |
| Equity | $35.2M | $35.4M | $35.3M | $25.2M | $30.9M | $30.7M | $30.8M | $30.3M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $986000 | $-190000 | $1.5M | $866000 | $747000 | $135000 | $-582000 | $258000 |