ACCS | Market Cap: $26.6M (07/13/26)
Industry:
Software

DESCRIPTION

ACCESS Newswire (rebranded from Issuer Direct in January 2025) is a communications technology platform that helps businesses distribute press releases, monitor media coverage, manage investor relations, and run earnings call webcasts. The company sold its compliance business in February 2025 to focus entirely on communications. ACCESS targets small and mid-market businesses, though it also serves large enterprise customers like UPS, Moderna, and Sherwin-Williams. As of FY25, ACCESS served roughly 12,800 customers across more than 135 countries. ACCESS sells directly through an inside sales force, with a reseller and partner network accounting for roughly 10% of revenue. The company generates revenue through subscriptions and pay-as-you-go transactions. Subscriptions — bundled as ACCESS PR, ACCESS IR, or All ACCESS — start around $9,000 ARR and scale to $17,000+. As of FY25, ACCESS had 974 subscription customers with roughly $12.2M in ARR, representing about 50% of total revenue. Transactional revenue is less predictable but serves as an entry point for subscription conversion. Press release distribution is the largest product line and anchors all three subscription plans. Gross margins run around 75-78%, supported by a remote workforce and AI-driven editorial automation. ACCESS's core growth strategy centers on converting its large base of transactional customers to subscriptions, upselling existing subscribers to higher tiers, and expanding into larger enterprise accounts on multiyear contracts.

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