AudioEye, Inc. provides patented, Internet content publication and distribution software and related services to Internet and other media to people regardless of their device, location, or disabilities in the United States. Its software and services enable conversion of digital content into accessible formats and allow for real time distribution to end users on any Internet connected device. The company's offering provides ongoing testing, automated fixes, and 24/7 monitoring that enhances conformance with web content accessibility guidelines; identifies and fixes the accessibility errors and addresses a range of disabilities, including dyslexia, color blindness, epilepsy, and others; and offers additional solutions to provide for enhanced compliance and accessibility, including periodic auditing, custom fixes by experts, and legal support services, as well as PDF remediation services, mobile application, and audit reporting services to help customers with their digital accessibility needs. It serves small- and medium-sized businesses, corporate enterprises, non-profit organizations, and federal government agencies, as well as federal, state, and local governments and agencies through content management system partners, platform and agency partners, authorized resellers, and the marketplace. AudioEye, Inc. was incorporated in 2005 and is based in Tucson, Arizona.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $40M | $1M | $-3M | $3M | -64.1% | 14.5% | -27.7% |
| 2024 | $35M | $-0M | $-4M | $1M | -45.1% | 12.4% | -27.6% |
| 2023 | $31M | $-3M | $-6M | $-2M | -87.6% | 4.7% | -43.7% |
| 2022 | $30M | $-8M | $-10M | $-6M | -98.5% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 29.91 | 31.32 | 35.20 | 40.31 |
| Operating Revenue | - | 29.91 | 31.32 | 35.20 | 40.31 |
| Cost Of Revenue | - | 7.22 | 6.97 | 7.26 | 8.76 |
| Gross Profit | - | 22.69 | 24.34 | 27.94 | 31.56 |
| Operating Expense | - | 33.12 | 30.31 | 31.19 | 34.74 |
| Research And Development | - | 6.08 | 6.99 | 5.08 | 4.59 |
| Selling General And Administration | - | 27.04 | 23.32 | 26.11 | 30.15 |
| Total Expenses | - | 40.34 | 37.28 | 38.45 | 43.49 |
| Operating Income | - | -10.43 | -5.96 | -3.25 | -3.18 |
| Total Operating Income As Reported | - | -10.43 | -5.96 | -3.39 | -1.83 |
| EBITDA | - | -7.76 | -3.34 | -0.50 | 0.55 |
| Normalized EBITDA | - | -7.76 | -3.34 | -0.36 | -0.50 |
| EBIT | - | -10.43 | -5.96 | -3.25 | -3.18 |
| Interest Expense | 0.01 | 0 | - | - | - |
| Net Interest Income | - | 0 | 0.09 | -0.86 | -0.95 |
| Other Income Expense | 1.32 | - | - | -0.14 | 1.05 |
| Interest Expense Non Operating | 0.01 | 0 | - | - | - |
| Net Non Operating Interest Income Expense | - | 0 | 0.09 | -0.86 | -0.95 |
| Pretax Income | - | -10.43 | -5.87 | -4.25 | -3.08 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | -10.43 | -5.87 | -4.25 | -3.08 |
| Net Income From Continuing And Discontinued Operation | - | -10.43 | -5.87 | -4.25 | -3.08 |
| Net Income From Continuing Operation Net Minority Interest | - | -10.43 | -5.87 | -4.25 | -3.08 |
| Net Income | - | -10.43 | -5.87 | -4.25 | -3.08 |
| Net Income Common Stockholders | - | -10.43 | -5.87 | -4.25 | -3.08 |
| Net Income Including Noncontrolling Interests | - | -10.43 | -5.87 | -4.25 | -3.08 |
| Normalized Income | - | -10.43 | -5.87 | -4.11 | -4.13 |
| Diluted NI Availto Com Stockholders | - | -10.43 | -5.87 | -4.25 | -3.08 |
| Basic Average Shares | - | 11.48 | 11.77 | 11.89 | 12.42 |
| Diluted Average Shares | - | 11.48 | 11.77 | 11.89 | 12.42 |
| Reconciled Depreciation | - | 2.67 | 2.63 | 2.76 | 3.73 |
| Reconciled Cost Of Revenue | - | 7.22 | 6.97 | 7.26 | 8.76 |
| Total Unusual Items | 1.32 | 0 | - | -0.14 | 1.05 |
| Total Unusual Items Excluding Goodwill | 1.32 | 0 | - | -0.14 | 1.05 |
| Preferred Stock Dividends | 0.07 | - | - | - | - |
| Special Income Charges | 1.32 | 0 | - | -0.14 | 1.05 |
| Other Special Charges | -1.32 | - | - | - | 0.30 |
| Restructuring And Mergern Acquisition | - | - | - | 0.14 | -1.35 |
| General And Administrative Expense | - | 13.38 | 11.54 | 13.44 | 15.25 |
| Other Gand A | - | 13.38 | 11.54 | 13.44 | 15.25 |
| Total Other Finance Cost | - | 0 | -0.09 | 0.86 | 0.95 |
| Selling And Marketing Expense | - | 13.66 | 11.78 | 12.67 | 14.90 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| AudioEye, Inc.this co. | AEYE | $90M | -29.36 | 18.80 | -64.1% | 177.33 |
| Tucows Inc. | TCX | $153M | -2.01 | -0.93 | 46.2% | 18.01 |
| MicroVision, Inc. | MVIS | $143M | -1.50 | 2.57 | -171.0% | -2.08 |
| TTEC Holdings, Inc. | TTEC | $112M | - | 1.17 | -202.5% | - |
| Expensify, Inc. | EXFY | $111M | -5.19 | 0.84 |
| - |
| - |
| - |
| - |
| -16.1% |
| -5.60 |
| Airship AI Holdings, Inc. | AISP | $108M | 3.69 | -15.13 | -410.1% | -14.22 |
| SoundThinking, Inc. | SSTI | $99M | -10.51 | 1.37 | -13.1% | 159.23 |
| CSP Inc. | CSPI | $94M | -1029.32 | 2.10 | -0.2% | -114.33 |
| Neonode Inc. | NEON | $31M | 3.66 | 1.26 | 34.4% | 0.79 |
| Peer Median | - | -2.01 | 1.22 | -14.6% | -2.08 | |