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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% | - |
| 2024 | $35M | $-0M | $-4M | $1M | -45.1% | 12.4% | - |
| 2023 | $31M | $-3M | $-6M | $-2M | -87.6% | 4.7% | - |
| 2022 | $30M | $-8M | $-10M | $-6M | -98.5% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total 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 |
| Operating Income | -10.43 | -5.96 | -3.25 | -3.18 |
| EBITDA | -7.76 | -3.34 | -0.49 | 0.55 |
| EBIT | -10.43 | -5.96 | -3.25 | -3.18 |
| Pretax Income | -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 |
| Total Expenses | 40.34 | 37.28 | 38.45 | 43.49 |
| Interest Expense | 0 | 0 | 0 | 0 |
| Research And Development | 6.08 | 6.99 | 5.08 | 4.59 |
| Selling General And Administration | 27.04 | 23.32 | 26.11 | 30.15 |
| Normalized EBITDA | -7.76 | -3.34 | -0.35 | -0.50 |
| Normalized Income | -10.43 | -5.87 | -4.11 | -4.13 |
| Basic EPS | -0.91 | -0.50 | -0.36 | -0.25 |
| Diluted EPS | -0.91 | -0.50 | -0.36 | -0.25 |
| Tax Effect Of Unusual Items | 0 | 0 | 0 | 0 |
| Tax Rate For Calcs | 0 | 0 | 0 | 0 |
| Total Unusual Items | 0 | 0 | -0.14 | 1.05 |
| Total Unusual Items Excluding Goodwill | 0 | 0 | -0.14 | 1.05 |
| Net Income From Continuing Operation Net Minority Interest | -10.43 | -5.87 | -4.25 | -3.08 |
| Reconciled Depreciation | 2.67 | 2.63 | 2.75 | 3.73 |
| Reconciled Cost Of Revenue | 7.22 | 6.97 | 7.26 | 8.76 |
| Net Interest Income | 0 | 0.09 | -0.86 | -0.95 |
| Net Income From Continuing And Discontinued Operation | -10.43 | -5.87 | -4.25 | -3.08 |
| Total Operating Income As Reported | -10.43 | -5.96 | -3.39 | -1.83 |
| Diluted Average Shares | 11.48 | 11.77 | 11.89 | 12.42 |
| Basic Average Shares | 11.48 | 11.77 | 11.89 | 12.42 |
| Diluted NI Availto Com Stockholders | -10.43 | -5.87 | -4.25 | -3.08 |
| Preferred Stock Dividends | 0 | 0 | 0 | 0 |
| Net Income Including Noncontrolling Interests | -10.43 | -5.87 | -4.25 | -3.08 |
| Net Income Continuous Operations | -10.43 | -5.87 | -4.25 | -3.08 |
| Other Income Expense | 0 | 0 | -0.14 | 1.05 |
| Special Income Charges | 0 | 0 | -0.14 | 1.05 |
| Other Special Charges | 0 | 0 | 0 | 0.30 |
| Restructuring And Mergern Acquisition | 0 | 0 | 0.14 | -1.35 |
| Net Non Operating Interest Income Expense | 0 | 0.09 | -0.86 | -0.95 |
| Total Other Finance Cost | 0 | -0.09 | 0.86 | 0.95 |
| Interest Expense Non Operating | 0 | 0 | 0 | 0 |
| Selling And Marketing Expense | 13.66 | 11.78 | 12.67 | 14.90 |
| General And Administrative Expense | 13.38 | 11.54 | 13.45 | 15.25 |
| Other Gand A | 13.38 | 11.54 | 13.45 | 15.25 |
| Operating Revenue | 29.91 | 31.32 | 35.20 | 40.31 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| AudioEye, Inc.this co. | AEYE | - | - | - | -64.1% | - |
| KULR Technology Group, Inc. | KULR | $111M | - | 0.91 | -50.9% | -2.45 |
| Expensify, Inc. | EXFY | $106M | - | 0.74 | -16.1% | -2.34 |
| SunPower Inc. | SPWR | $105M | - | -1.02 | 50.3% | -16.16 |
| CSP Inc. | CSPI | $103M | - | 2.29 | -0.2% |
| -30.63 |
| SoundThinking, Inc. | SSTI | $89M | - | 1.22 | -13.1% | 45.14 |
| Airship AI Holdings, Inc. | AISP | $76M | 2.91 | -10.63 | -410.1% | -9.02 |
| Neonode Inc. | NEON | $26M | 3.27 | 1.07 | 34.4% | -0.11 |
| zSpace, Inc. | ZSPC | $1M | - | -0.34 | 112.8% | -0.78 |
| Peer Median | - | 3.09 | 0.82 | -6.6% | -2.40 | |