ACCESS Newswire Inc. provides a platform specializing in Public Relations (PR) and Investor Relations (IR) services. Its key offerings include Press Release Distribution, Media Monitoring, Database and Pitching, Investor Relations Websites, and technologies for managing earnings and events. These services are available through subscription models such as ACCESS PR, ACCESS IR, and ALL ACCESS, with options for stand-alone, pay-as-you-go solutions. The company's Press Release Distribution service is a flagship product that supports news dissemination with features like self-publishing and AI-assisted creation.
ACCESS Newswire operates primarily in the PR and IR industries, catering to small to mid-market B2B companies with 2 to 2,000 employees. The company generates revenue through subscriptions, which as of December 31, 2024, amounted to approximately $12 million in annual recurring revenue. The customer base is diverse, comprising 12,349 customers, and no single customer contributes more than 10% to the total revenue, with about 15% of customers located outside North America.
ACCESS Newswire's operational structure includes several key service segments: ACCESS PR, ACCESS IR, and ALL ACCESS. The company also offers webcasting and events solutions, focusing on earnings calls and virtual meetings. Business performance is directly impacted by the ability to expand its customer base, increase revenue from existing customers, and grow internationally. The company's approach includes innovating its service offerings and leveraging partnerships to enhance growth.