<span item_type="fundamental" item_id="0385b5264e406706c2dc4abec9222594" counter_id="ST/US/ACCS" env="prod"></span><span item_type="announcement" item_id="647649353243366401" env="prod"></span><p>Revenue: As of FY2026 Q1, the actual value is USD 5.327 M, missing the estimate of USD 5.743 M.</p><p>EPS: As of FY2026 Q1, the actual value is USD -0.16.</p><p>EBIT: As of FY2026 Q1, the actual value is USD -680 K.</p><p></p><p>ACCESS Newswire Inc. operates as a single reportable segment, focusing on communications for publicly traded and private companies. As of March 31, 2026, the company reported 1,004 subscriptions with an Annual Recurring Revenue (ARR) of approximately $12.8 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/843006/000168316826003723/access_i10q-033126.htm"></span></p><h4>Revenue</h4><p>Total revenue for the three months ended March 31, 2026, decreased by $149,000, or 3%, to $5,327,000, compared to $5,476,000 for the same period in 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/843006/000168316826003723/access_i10q-033126.htm"></span> This decline was primarily due to lower revenue from ProPlan products and a reduction in webcasting and events business, while revenue from the core press release business remained flat year-over-year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/843006/000168316826003723/access_i10q-033126.htm"></span></p><h4>Cost of Revenues</h4><p>Cost of revenues increased by $173,000, or 14%, to $1,376,000 for the three months ended March 31, 2026, compared to $1,203,000 in the prior year period, mainly driven by higher distribution costs and employee-related expenses.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/843006/000168316826003723/access_i10q-033126.htm"></span></p><h4>Gross Profit and Margin</h4><p>Gross profit decreased by $322,000, or 8%, to $3,951,000 for the three months ended March 31, 2026, from $4,273,000 in the same period of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/843006/000168316826003723/access_i10q-033126.htm"></span> The gross margin percentage decreased to 74% in 2026 from 78% in 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/843006/000168316826003723/access_i10q-033126.htm"></span></p><h4>Operating Costs and Expenses</h4><ul><li><strong>General and administrative expenses</strong> decreased by $172,000, or 9%, to $1,781,000 (33% of revenue) for the three months ended March 31, 2026, from $1,953,000 (36% of revenue) in the prior year, primarily due to a decrease in bad debt expense.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/843006/000168316826003723/access_i10q-033126.htm"></span></li><li><strong>Sales and marketing expenses</strong> increased by $87,000, or 5%, to $1,681,000 (32% of revenue) for the three months ended March 31, 2026, from $1,594,000 (29% of revenue) in the prior year, mainly due to higher advertising expenses.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/843006/000168316826003723/access_i10q-033126.htm"></span></li><li><strong>Product development expenses</strong> decreased by $173,000, or 24%, to $560,000 (10% of revenue) for the three months ended March 31, 2026, from $733,000 (13% of revenue) in the prior year, primarily due to higher capitalization of software and decreased consulting expenses.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/843006/000168316826003723/access_i10q-033126.htm"></span></li><li><strong>Depreciation and amortization</strong> was $647,000 for the three months ended March 31, 2026, compared to $670,000 for the same period in 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/843006/000168316826003723/access_i10q-033126.htm"></span></li></ul><h4>Operating Loss</h4><p>The operating loss increased to - $718,000 for the three months ended March 31, 2026, compared to - $677,000 for the same period in 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/843006/000168316826003723/access_i10q-033126.htm"></span></p><h4>Interest Expense, Net</h4><p>Net interest expense decreased to - $38,000 for the three months ended March 31, 2026, from - $204,000 in the prior year period, attributed to the reduction in debt following the sale of the compliance business.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/843006/000168316826003723/access_i10q-033126.htm"></span></p><h4>Other Income (Expense)</h4><p>Other income was $24,000 for the three months ended March 31, 2026, compared to an expense of - $69,000 in the prior year, with the 2026 figure including $12,000 in rental income from an office sublease.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/843006/000168316826003723/access_i10q-033126.htm"></span></p><h4>Income Tax Benefit</h4><p>The company recognized an income tax benefit of - $121,000 for the three months ended March 31, 2026, compared to - $185,000 for the same period in 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/843006/000168316826003723/access_i10q-033126.htm"></span></p><h4>Net Loss from Continuing Operations</h4><p>Net loss from continuing operations was - $611,000 for the three months ended March 31, 2026, an improvement from - $765,000 in the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/843006/000168316826003723/access_i10q-033126.htm"></span></p><h4>Cash Flow</h4><ul><li><strong>Net cash provided by operating activities</strong> (GAAP) was $871,000 for the three months ended March 31, 2026, compared to $747,000 for the same period in 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/843006/000168316826003723/access_i10q-033126.htm"></span></li><li><strong>Free cash flow from continuing operations</strong> (Non-GAAP) was $763,000 for the three months ended March 31, 2026, compared to $712,000 for the same period in 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/843006/000168316826003723/access_i10q-033126.htm"></span></li><li><strong>Adjusted free cash flow from continuing operations</strong> (Non-GAAP) was $952,000 for the three months ended March 31, 2026, compared to $967,000 for the same period in 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/843006/000168316826003723/access_i10q-033126.htm"></span></li></ul><h4>Liquidity</h4><p>As of March 31, 2026, ACCESS Newswire Inc. had cash and cash equivalents of $3,487,000 and net accounts receivable of $3,596,000.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/843006/000168316826003723/access_i10q-033126.htm"></span> Total current liabilities amounted to $9,862,000, resulting in current liabilities exceeding current assets by $1,191,000.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/843006/000168316826003723/access_i10q-033126.htm"></span></p><h4>Outlook and Strategic Focus</h4><p>ACCESS Newswire Inc. anticipates stable demand for its platforms and services despite global uncertainties and plans to transition to a platform subscription model for sustainable long-term growth.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/843006/000168316826003723/access_i10q-033126.htm"></span> Key strategic initiatives for the remainder of 2025 include expanding products, adapting to industry changes, growing its customer base, enhancing newswire distribution, investing in technology, evaluating strategic acquisitions, and generating profitable sustainable growth and cash flows from operations.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/843006/000168316826003723/access_i10q-033126.htm"></span></p>

ACCESS Newswire | 10-Q: FY2026 Q1 Revenue Misses Estimate at USD 5.327 M