Reklaim Reports Record Q3 Revenue with Positive EBITDA and Cash Flow Growth
Reklaim reported strong Q3 2024 financial results with revenue reaching $1,487,321, up 61% year-over-year. The company achieved positive EBITDA of $359,978, marking a 106% increase from Q3 2023. Nine-month revenue totaled $3,315,204, showing a 23% increase from 2023. Key performance metrics include improved gross margins at 82% for Q3, and positive year-to-date cash flow of $260,062, representing a 1020% increase compared to the prior year. The 'Deals' segment revenue surged by 3403% in Q3 2024. The company also converted $100,000 of debt into shares at $0.09 per share.
Reklaim ha riportato risultati finanziari solidi per il terzo trimestre del 2024, con ricavi che hanno raggiunto 1.487.321 dollari, con un incremento del 61% rispetto all'anno precedente. L'azienda ha ottenuto un EBITDA positivo di 359.978 dollari, segnando un aumento del 106% rispetto al terzo trimestre del 2023. I ricavi dei primi nove mesi sono stati pari a 3.315.204 dollari, con un incremento del 23% rispetto al 2023. I principali indicatori di performance includono il miglioramento dei margini lordi al 82% per il terzo trimestre e un flusso di cassa anno su anno positivo di 260.062 dollari, che rappresenta un aumento del 1020% rispetto all'anno precedente. I ricavi della sezione 'Deals' sono aumentati del 3403% nel terzo trimestre del 2024. L'azienda ha anche convertito 100.000 dollari di debito in azioni a 0,09 dollari per azione.
Reklaim reportó sólidos resultados financieros en el tercer trimestre de 2024, con ingresos alcanzando 1,487,321 dólares, un aumento del 61% en comparación al año anterior. La compañía logró un EBITDA positivo de 359,978 dólares, marcando un aumento del 106% desde el tercer trimestre de 2023. Los ingresos de los primeros nueve meses totalizaron 3,315,204 dólares, mostrando un incremento del 23% con respecto a 2023. Las métricas clave de rendimiento incluyen mejoras en los márgenes brutos al 82% para el tercer trimestre y un flujo de caja positivo acumulado de 260,062 dólares, lo que representa un aumento del 1020% en comparación con el año anterior. Los ingresos del segmento 'Deals' se dispararon un 3403% en el tercer trimestre de 2024. La empresa también convirtió 100,000 dólares de deuda en acciones a 0.09 dólares por acción.
Reklaim은 2024년 3분기 재무 실적에서 강력한 결과를 보고했으며, 수익은 1,487,321달러에 달해 전년 대비 61% 증가했습니다. 이 회사는 2023년 3분기 대비 106% 증가한 359,978달러의 긍정적인 EBITDA를 달성했습니다. 9개월 누적 수익은 3,315,204달러로 2023년 대비 23% 증가했습니다. 주요 성과 지표로는 3분기에 82%로 향상된 총 마진과 전년도 대비 1020% 증가한 260,062달러의 긍정적인 연초부터의 현금 흐름이 포함됩니다. 'Deals' 부문의 수익은 2024년 3분기에 3403% 증가했습니다. 회사는 또한 100,000달러의 부채를 주당 0.09달러로 주식으로 전환했습니다.
Reklaim a annoncé de solides résultats financiers pour le troisième trimestre 2024, avec un chiffre d'affaires atteignant 1.487.321 dollars, soit une augmentation de 61% par rapport à l'année précédente. L'entreprise a enregistré un EBITDA positif de 359.978 dollars, marquant une hausse de 106% par rapport au troisième trimestre 2023. Les revenus des neuf premiers mois s'élevaient à 3.315.204 dollars, montrant une augmentation de 23% par rapport à 2023. Les indicateurs de performance clés incluent des marges brutes améliorées à 82% pour le troisième trimestre et un flux de trésorerie positif depuis le début de l'année de 260.062 dollars, représentant une augmentation de 1020% par rapport à l'année précédente. Le chiffre d'affaires du segment 'Deals' a connu une hausse phénoménale de 3403% au troisième trimestre 2024. L'entreprise a également converti 100.000 dollars de dette en actions à 0,09 dollars par action.
Reklaim hat für das dritte Quartal 2024 starke Finanzkennzahlen berichtet, mit einem Umsatz von 1.487.321 Dollar, was einem Anstieg von 61% im Vergleich zum Vorjahr entspricht. Das Unternehmen erzielte ein positives EBITDA von 359.978 Dollar, was einem Anstieg von 106% im Vergleich zum dritten Quartal 2023 entspricht. Der Umsatz in den ersten neun Monaten betrug insgesamt 3.315.204 Dollar, was einem Anstieg von 23% im Vergleich zu 2023 entspricht. Zu den wichtigsten Leistungskennzahlen gehören verbesserte Bruttomargen von 82% im dritten Quartal und ein positiver Cashflow von 260.062 Dollar seit Jahresbeginn, was im Vergleich zum Vorjahr einem Anstieg von 1020% entspricht. Der Umsatz im Segment 'Deals' stieg im dritten Quartal 2024 um 3403%. Das Unternehmen wandelte außerdem 100.000 Dollar Schulden in Aktien zu einem Preis von 0,09 Dollar pro Aktie um.
- Record Q3 revenue of $1,487,321, up 61% YoY
- Positive EBITDA of $359,978, increasing 106% YoY
- Gross margins improved to 82% in Q3
- Positive YTD cash flow of $260,062, up 1020%
- Deals segment revenue grew by 3403% in Q3
- Debt conversion resulting in share dilution
Q3 Marks a
Key Highlights from Reklaim's Q3 2024 Performance:
- Record Q3 Revenue: Achieved
$1,487,321 61% year-over-year, with a nine-month total of$3,315,204 23% increase from 2023. - Positive EBITDA Growth: Reported
$359,978 106% increase from Q3 2023. Year-to-date EBITDA at$418,441 - Enhanced Gross Margins: Improved to
82% for Q3 and81% year-to-date, marking a 2-3% increase over 2023. - Significant Cash Flow Improvement: Positive YTD cash flow of
$260,062 1020% increase compared to the prior year.
Strategic Achievements and Financial Strength
Reklaim's strategic focus on diversifying revenue streams has led to substantial growth across its 'Platform' and 'Deals' segments, with 'Deals' revenue surging by
Neil Sweeney, Founder and CEO of Reklaim, shared, "Our Q3 2024 results affirm our strategic direction and execution capabilities. By diversifying revenue and strengthening our financial base, we're poised for continued growth. Reklaim remains steadfast in empowering consumers and driving forward in a data-driven landscape."
Looking Ahead
Reklaim continues to empower consumers to take control of their data while expanding its AI privacy initiatives. For more details on our market insights and our CEO Quarterly Letter, please review Reklaim's MD&A.
Additional
Reklaim successfully completed the conversion of
About Reklaim
Reklaim navigates the evolving consumer data privacy landscape, providing privacy-compliant data solutions for Fortune 500 brands, platforms, and data companies. Our platform allows consumers to reclaim control over their data and be compensated through their Reklaim account. Learn more at investors.reklaimyours.com.
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SOURCE Reklaim Ltd.
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