Key Highlights

● Q2 revenue was $5.618 million, essentially unchanged from $5.621 million a year earlier.

● Adjusted EBITDA fell to $642,000 from $836,000 in the prior-year quarter.

● Average annual recurring revenue per subscription customer rose to $12,718 from $11,039.

● Cost-reduction initiatives are expected to lower second-half cost of revenues by roughly $150,000.

ACCESS Newswire (NYSE American:ACCS), the communications and investor-relations technology provider whose common stock trades on NYSE American under the symbol ACCS, published second-quarter 2026 results on 11 August 2026. All figures are in US dollars for the three and six months ended 30 June 2026. Revenue was $5.618 million, essentially unchanged from $5.621 million in the second quarter of 2025. For the half year, revenue was $10.945 million, slightly below $11.097 million a year earlier. In other words, the company is holding its top line steady rather than growing it, and the earnings story depends more on cost control and mix than on volume.

The cost side moved less favourably. Gross margin was 73 per cent in the quarter, down from 76 per cent, and 74 per cent for the half, down from 77 per cent. Adjusted EBITDA was $642,000, or 11 per cent of revenue, compared with $836,000 in the prior-year quarter; for the half it was $1.206 million against $1.400 million. The release also reports quarterly EBITDA of $454,000 in its reconciliation table, whilst the narrative rounds the figure to $0.5 million.

Losses and cash

The net loss from continuing operations was $354,000, or $0.09 per diluted share, in the quarter. Including discontinued operations, the total net loss was $482,000. For the six months, the continuing-operations loss was $965,000 and the total net loss was $1.093 million, or $0.28 per share. Sales and marketing spending increased, whilst general and administrative expense fell 23 per cent in the quarter, which partly cushioned the result.

Cash and cash equivalents stood at $2.962 million on 30 June 2026, against $3.025 million at the end of December 2025. Operating cash flow was $173,000 in the quarter and $1.044 million in the half, and adjusted free cash flow was $50,000 and $1.002 million respectively. The company also reports share repurchases of 62,000 shares, costing about $0.5 million, by quarter-end. The balance sheet is small, and the business generated positive operating cash flow over the period.

Product push and subscription metrics

Management points to two recently launched products, Social Monitoring and the Insight and Analytics Report, as gaining momentum, and says several further enhancements are planned before the end of the year. Subscription customers reached 1,162, including 115 education subscribers, and average annual recurring revenue per subscription customer rose to $12,718 from $11,039. Rising revenue per customer is a useful sign of pricing and product depth, though the release does not say how many customers were lost or gained net over the year, so the trend is only partly visible. Subscription revenue is generally steadier than one-off or transactional sales, which is why the metric matters to followers of the company.

Small Cost Savings, No Guidance and a Growth Bet on New Products

The release gives no numerical forward guidance. The one quantified expectation concerns costs: cost-reduction initiatives are expected to lower cost of revenues by roughly $150,000 in the second half of 2026, a small amount relative to quarterly revenue. Management describes the company as entering a new phase of the business communications marketplace, which is a qualitative statement rather than a forecast.

The key questions are whether the new products can restore revenue growth, whether gross margin stabilises, and whether general cost savings continue without starving sales capacity.