Inuvo, Inc. (INUV) intrinsic value & 10-year financials
Inuvo, Inc. (INUV) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 2.1% a year to $86.2M, with an average return on invested capital of -44.9%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $0.43
- Market cap
- $6.3M
- Revenue (FY2025)
- $86.2M
- Revenue growth (10-yr CAGR)
- 2.1%
- ROIC (10-yr avg)
- -44.9%
- Free cash flow (FY2025)
- -$3.4M
INUV 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $86.2M | -$5.1M | — | -$3.4M | -7.8% | -69.1% |
| FY2024 | $83.8M | -$5.8M | -$0.04 | -$1.6M | -6.6% | -44.0% |
| FY2023 | $73.9M | -$10.4M | -$0.08 | -$4.2M | -14.1% | -64.5% |
| FY2022 | $75.6M | -$13.1M | -$0.11 | -$7.3M | -16.7% | -60.7% |
| FY2021 | $59.8M | -$7.6M | -$0.06 | -$6.9M | -13.0% | -37.4% |
| FY2020 | $44.6M | -$7.3M | -$0.09 | -$6.8M | -18.0% | -47.6% |
| FY2019 | $61.5M | -$4.5M | -$0.06 | -$6.5M | -12.6% | -49.9% |
| FY2018 | $73.3M | -$5.9M | — | -$3.7M | -7.5% | -39.3% |
| FY2017 | $79.6M | -$3.1M | — | -$2.7M | -5.3% | -25.3% |
| FY2016 | $71.5M | -$772.6K | — | -$63.4K | -1.2% | -10.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Inuvo, Inc. has demonstrated mature, steady growth, with revenue compounding at 2.1% annually over the past decade.
Inuvo, Inc. has historically struggled to out-earn its cost of capital, averaging just -44.9% ROIC.
Over the decade, Inuvo, Inc. shows that management has aggressively returned capital to shareholders by retiring 70.6% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Inuvo, Inc. is modeled at 2.1% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-3.86 per share.