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Riwi Corp - RWCRF STOCK NEWS

Welcome to our dedicated page for Riwi news (Ticker: RWCRF), a resource for investors and traders seeking the latest updates and insights on Riwi stock.

RIWI Corp (RWCRF) delivers global trend prediction through advanced market research technology. This news hub provides investors and analysts with essential updates about the company's SaaS platform innovations, strategic partnerships, and financial developments.

Access authoritative reporting on earnings announcements, technology enhancements, and operational milestones. Discover curated updates about RIWI's nonconscious data collection methods, AI-driven analytics, and global risk monitoring solutions that power decision-making for Fortune 500 clients and government agencies.

Key content includes acquisition details, leadership updates, product launches, and industry recognition. All press releases undergo strict editorial review to ensure compliance with financial disclosure standards and data accuracy requirements.

Bookmark this page for real-time access to verified RIWI Corp developments. Combine these updates with SEC filings and market analysis for comprehensive investment research.

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RIWI Corp. (TSXV: RIWI) (OTC Pink: RWCRF) announces the launch of its new Canadian Consumer Confidence Index, a daily internet-based survey capturing the economic sentiment of Canadian consumers. The index covers issues such as labour market expectations, household income, housing prices, and discretionary spending in real-time. RIWI's RDIT technology enables wide-reaching data collection to support policy and financial investment decisions.
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RIWI Corp. (RIWI) reported a 47.97% increase in revenue, earning $1,144,838 in Q3 2023. The company experienced a net profit of $14,288 and positive operating cash flow of $77,629. RIWI's recurring revenues increased by $291,265, and it signed 17 new client contracts. The company introduced Adjusted EBITDA, migrated all project-based customers to a new platform, and strengthened its leadership team. Despite a profitable quarter, management anticipates a challenging Q4 amid turbulent market conditions.
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RIWI Corp. has signed a new contract worth $1.37 million CAD to provide survey technology services and automated data analytics for an international research organization. The contract includes two option renewal years, bringing the total potential contract size to $4.11 million CAD. A Director of the Company will receive a finder's fee of 5% of the contract value. RIWI's CEO, Greg Wong, emphasized the company's commitment to delivering high-quality data solutions and its focus on project-based, recurring, and transactional revenue.
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RIWI Corp. announces appointment of Ken Gaalswyk as head of International Development practice. Also changes auditors from KPMG to BDO Canada effective Sept 12, 2023.
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RIWI Corp. reported Q2 2023 financial results with revenues of $928,415, a 151.8% increase YoY. Net loss for the quarter was $162,190, compared to $658,318 in Q2 2022. Recurring revenues increased by $330,882 compared to Q2 2022. RIWI signed 12 new client contracts and migrated 17 clients to the new platform. The company expects to achieve above-average industry growth rates and become cash flow positive in 2024.
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Riwi Corp

OTC:RWCRF

RWCRF Rankings

RWCRF Stock Data

6.91M
11.28M
37.3%
17.04%
Software - Application
Technology
Link
Canada
Toronto