Data and privacy platform Reklaim reports Q3 revenue C$1.1 mln, gross margin 75%

Reklaim

01/12/2025 13:10

Overview

Reklaim Q3 revenue was C$1.1 mln with a 75% gross margin

Year-to-date revenue grew 10% driven by demand for consumer data

Company strengthened balance sheet with debenture repayment and share repurchases

Outlook

Reklaim expects meaningful growth from product investments starting next year

Company anticipates strong tailwinds into 2026 from privacy law changes

Result Drivers

PRODUCT INVESTMENTS - Reklaim invested in expanding its product suite, including Reklaim Protect, Jackpot, and Invest, to diversify revenue and strengthen market position

REGULATORY DEMAND - Increasing privacy laws in 20 U.S. states are driving demand for compliant consumer data, benefiting Reklaim

BALANCE SHEET STRENGTH - Reklaim strengthened its balance sheet through debenture repayment and share repurchases

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
C$1.10 mln
Q3 Gross Margin
75.00%


Press Release: ID:nNFC6JNPvL

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)