1. AudioEye reported record revenue for Q1 2025 with nearly $9.73M. 2. Projected adjusted EPS of $0.15 to $0.16 for Q2 2025. 3. Strong cash flow margin amid macroeconomic uncertainties, creating positive momentum. 4. CEO highlights successful pipeline growth in both U.S. and Europe. 5. Expectations of 40% year-over-year growth in cash flow.
AEYE's revenue growth and positive cash flow outlook encourage investor confidence, similar to past performance spikes following strong revenue reports.
The strong financial performance and outlook for growth signal potential investor interest and improved share prices.
The current financial results and outlook should reflect positively on AEYE's stock in the next earnings cycle.
TUCSON, Ariz., April 29, 2025 /PRNewswire/ -- AudioEye, Inc. (Nasdaq: AEYE) ("AudioEye" or the "Company"), the industry-leading digital accessibility company, reported financial results for the first quarter ended March 31, 2025.
"I am pleased with another great quarter, achieving the 'Rule of 40.' Business momentum is strong with our pipeline building in both the United States and Europe," said AudioEye CEO David Moradi.
"Our track record of growing revenues while increasing cash flow margin positions us well in an uncertain and changing macroeconomic environment. With our current trajectory of operating leverage, we anticipate generating nearly $1 per share of run-rate free cash flow by the fourth quarter, which implies over 40% year-over-year growth."
Financial Outlook: AudioEye expects revenue of between $9.85M and $10.0M for the second quarter of 2025 and between $41.0M and $42.0M for the full year 2025. The Company expects adjusted EBITDA of between $1.9M and $2.0M for the second quarter of 2025 and between $9.0M and $10.0M for the full year 2025. The Company expects adjusted EPS of between $0.15 and $0.16 per share for the second quarter of 2025 and between $0.70 and $0.80 per share for the full year 2025.
AudioEye management will hold a conference call today, April 29, 2025, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss these results, followed by a question-and-answer period.
Date: Tuesday, April 29, 2025
Time: 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time)
U.S. dial-in number: 877-407-8289
International number: 201-689-8341
Webcast: Q125 Webcast Link
Please call the conference telephone number 5-10 minutes prior to the start time. If you have any difficulty connecting with the conference call, please contact Gateway Group at 949-574-3860.
The conference call will also be webcast live and available for replay via the investor relations section of the Company's website. The audio recording will remain available via the investor relations section of the Company's website for 90 days.
A telephonic replay of the conference call will also be available after 7:30 p.m. Eastern Time on the same day through May 13, 2025 via the following numbers:
Toll-free replay number: 877-660-6853
International replay number: 201-612-7415
Replay passcode: 13753127
AudioEye exists to ensure the digital future we build is accessible. The gold standard for digital accessibility, AudioEye's comprehensive solution combines industry-leading AI automation technology with expert fixes informed by the disability community. This powerful combination delivers industry-leading protection, ensuring businesses of all sizes - including over 119,000 customers like Samsung, Calvin Klein, and Samsonite - meet and exceed compliance standards. With 24 US patents, AudioEye's solution includes 24/7 accessibility monitoring, automated WCAG issue testing and fixes, expert testing, developer tools, and legal protection, empowering organizations to confidently create accessible digital experiences for all.
Any statements in this press release about AudioEye's expectations, beliefs, plans, objectives, prospects, financial condition, assumptions or future events or performance are not historical facts and are "forward-looking statements" as that term is defined under the federal securities laws...
We consider annual recurring revenue ("ARR") as a key operating metric and a key indicator of our overall business...
The Company has supplemented the consolidated financial statements presented on a GAAP basis in this press release...
We define: (i) Adjusted EBITDA as net loss, plus interest expense, plus depreciation and amortization expense...
This press release also includes the forward-looking non-GAAP financial measures of adjusted EBITDA and adjusted EPS guidance...
Tom Colton
Gateway Group, Inc.
investorrelations@audioeye.com
949-574-3860
(unaudited)
Three months ended March 31,
(in thousands, except per share data)
2025
2024
Revenue: $9,733, $8,083
Cost of revenue: $1,995, $1,761
Gross profit: $7,738, $6,322
Operating expenses:
Operating loss: $(940), $(631)
Other expense:
Interest expense, net: $(229), $(198)
Loss on extinguishment of debt: $(300), $—
Total other expense: $(529), $(198)
Net loss: $(1,469), $(829)
Net loss per common share-basic and diluted: $(0.12), $(0.07)
Weighted average common shares outstanding-basic and diluted: 12,390, 11,709