Summary of Red Violet Conference Call Company Overview - **Company Name**: Red Violet - **Ticker Symbol**: RDVT - **Industry**: Identity intelligence and data analytics - **Core Offering**: Cloud-native platform for identity verification, fraud detection, risk management, and compliance [1][2] Business Model and History - **Management Background**: The management team has nearly three decades of experience in the identity space, previously founding companies like SizenT and TransUnion [2][3] - **Cloud-Native Advantage**: Red Violet's cloud-native platform allows for scalability and flexibility, differentiating it from legacy competitors who struggle with technology updates [4] Use Cases and Verticals - **Key Verticals Served**: 1. **Collections**: Provides debt collectors with accurate contact information and bankruptcy status [5] 2. **Financial and Corporate Risk**: Background screening services for companies like Walmart to verify applicant data [6][7] 3. **Real Estate**: Offers safety solutions through the Forewarn app, which provides background checks for real estate agents [10][11] 4. **Investigative Services**: Supports law enforcement and private investigators in locating individuals and assets [12] 5. **Emerging Markets**: Focus on government contracts and potential growth in sectors like insurance [13] Financial Performance - **Revenue Model**: Predominantly contractual revenue, with 75% of revenue being contractual in nature [40] - **Free Cash Flow**: Last quarter's free cash flow was approximately $7 million, with adjusted EBITDA around $9 million [22] - **Cost Structure**: Fixed costs associated with data acquisition, with nearly 100% contribution margin on additional revenue [16] Growth Strategy - **M&A Strategy**: Filed a $150 million shelf for potential acquisitions, focusing on unique data assets and complementary technologies [23] - **Public Sector Focus**: Significant growth expected in public sector contracts, with a roadmap laid out for future revenue contributions [29][31] - **Background Screening Expansion**: Directly targeting end-users in the background screening space, with a notable contract expected to ramp up in 2026 [32][33] Competitive Landscape - **Main Competitors**: Direct competition with TransUnion and LexisNexis, with a focus on data quality and customer service [25][26] - **Market Position**: Red Violet has approximately 9,800 customers, compared to competitors with significantly larger customer bases [25] Technology and Innovation - **AI Integration**: Exploring the use of AI to enhance data processing and customer interactions, aiming for high confidence in identity verification [35][36] - **Data Quality**: Emphasis on high-quality data aggregation to improve customer outcomes and reduce inefficiencies [21][22] Key Challenges and Considerations - **Seasonality**: Revenue may experience seasonal fluctuations, particularly in Q4 due to fewer business days and year-end bonuses [40] - **Regulatory Compliance**: Maintaining compliance with regulations such as the Fair Credit Reporting Act while providing background checks [37] Conclusion - Red Violet is positioned for growth in multiple verticals, leveraging its cloud-native platform and strong management team to capitalize on emerging opportunities in identity verification and data analytics. The focus on public sector contracts and background screening services, combined with a robust financial position, suggests a positive outlook for future performance.

Core Insights - Red Violet, Inc. has been named to TIME's list of "America's Growth Leaders of 2026," recognizing its growth performance, financial stability, and stock performance [1][2] - The recognition highlights Red Violet as one of the most dynamic and successful companies in the U.S., celebrating its continuous innovation and strong financial performance [2][3] Company Overview - Red Violet specializes in analytics and information solutions, focusing on identity intelligence through proprietary technologies and analytical capabilities [6] - The company's solutions are designed for identity verification, risk mitigation, fraud detection, regulatory compliance, and customer acquisition, utilizing its intelligent platform, CORE™ [6] Ranking Methodology - The ranking by TIME and Statista evaluated U.S.-based publicly traded companies based on three dimensions: Growth Performance, Financial Stability, and Stock Performance [4] - Growth Performance was assessed through five years of revenue expansion, while Financial Stability was measured using indicators like the Piotroski F-Score and Altman Z-Score [4]

Company Announcement - Red Violet, Inc. will present at the Southwest IDEAS Investor Conference on November 19-20, 2025, in Dallas [1] - Camilo Ramirez, Senior Vice President of Finance and Investor Relations, will host investor meetings on November 20, 2025 [1] Company Overview - Red Violet specializes in analytics and information solutions, focusing on identity intelligence [2] - The company’s technology supports critical solutions for real-time identification and location of people, businesses, and assets [2] - Solutions provided by Red Violet include identity verification, risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, and customer acquisition [2] - The CORE™ platform is designed for enterprises but is adaptable for organizations of all sizes, transforming large datasets into actionable intelligence [2] - Red Violet's solutions aim to facilitate frictionless commerce, enhance safety, and reduce fraud-related expenses [2]

Core Insights - FOREWARN, LLC has partnered with the Massachusetts Association of REALTORS® (MAR) to provide its services to over 22,000 members in Massachusetts, focusing on enhancing real estate agent safety [1][3]. Company Overview - FOREWARN offers real-time information solutions that analyze billions of data points to help real estate agents mitigate risks by verifying identities, searching criminal histories, and validating client information using just a phone number [2][5]. - The services provided by FOREWARN to MAR members come at no additional cost, promoting proactive safety measures for agents [2][3]. Industry Impact - The initiative aims to empower real estate agents with essential identity insights, helping them assess potential risks, prevent fraud, and conduct business with greater confidence [3]. - The technology behind FOREWARN is designed to enhance safety and reduce fraud in real estate transactions, which is critical for the industry [5][6].

Core Insights - The Salt Lake Board of REALTORS® has contracted with FOREWARN to provide its services to over 9,000 real estate professionals in Utah, enhancing agent safety [1][4] - FOREWARN offers real-time information solutions that analyze billions of data points to help agents verify identities, check criminal histories, and validate client information using just a phone number [2][6] - The services provided by FOREWARN will be available to members of the Salt Lake Board of REALTORS® at no additional cost [3] Company Overview - FOREWARN is a subsidiary of red violet, Inc. and specializes in providing identity intelligence and risk mitigation solutions for real estate agents [6][7] - The technology behind FOREWARN enables organizations to conduct due diligence, fraud detection, and regulatory compliance through powerful analytics and a vast data repository [7] Member Benefits - The introduction of FOREWARN services is aimed at empowering real estate agents with reliable identity insights, allowing them to identify potential risks and focus on client service with greater confidence [4] - Existing members of the Salt Lake Board of REALTORS® will receive instructions on how to activate their FOREWARN subscription as part of their membership benefits [4]

BOCA RATON, Fla., Oct. 22, 2025 (GLOBE NEWSWIRE) -- Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, announced today that it will report its financial results for the third quarter ended September 30, 2025 after the close of the U.S. financial markets on Wednesday, November 5, 2025. The Company will host its earnings call on Wednesday, November 5, 2025 at 4:30pm ET to discuss its quarterly results and provide a business update. The participant registration and webcast ...

Core Insights - Interactive Data, LLC (IDI) has announced a strategic partnership with TazWorks to enhance identity verification and risk mitigation solutions for the background screening industry [1][5] - The collaboration aims to improve client trust and satisfaction while increasing profitability for consumer reporting agencies (CRAs) [1][5] Company Overview - IDI is a leader in identity verification and risk mitigation, providing innovative identity intelligence solutions that empower organizations to operate with confidence [6] - The company utilizes a cloud-native, AI/ML-driven technology platform to deliver real-time identification and location of individuals, businesses, and assets [6] Partnership Details - IDI will join the TazWorks partner ecosystem, which focuses on open integration and delivering elite solutions for background screening agencies [2] - The partnership will leverage IDI's consumer identity graph, which covers nearly 100% of the U.S. adult population, to enhance internal background screening processes [2] Product Offerings - IDI's solutions include idiTRACE™, which helps uncover an applicant's address and alias history, and idiCRIM™, a national criminal history database that reduces false positives [3][4] - idiALIAS™ combines address trace and national criminal database searches to deliver comprehensive criminal results for all subject aliases [4] Industry Impact - The integration of IDI's identity intelligence with TazWorks' technology is expected to provide mutual customers with deeper insights, faster verifications, and more reliable results [5] - This collaboration represents a significant step forward in empowering screening agencies with advanced technology [5]

Core Insights - Red Violet, Inc. will present at the Midwest IDEAS Investor Conference on August 26-27, 2025, in Chicago [1] - Camilo Ramirez, Senior Vice President of Finance and Investor Relations, will lead the presentation and host investor meetings on August 27, 2025 [1] Company Overview - Red Violet specializes in analytics and information solutions, focusing on identity intelligence through proprietary technologies [2] - The company's solutions facilitate real-time identification and location of individuals, businesses, and assets, serving purposes such as identity verification, risk mitigation, and fraud detection [2] - The intelligent platform, CORE™, is designed for enterprises but adaptable for organizations of all sizes, transforming large datasets into actionable intelligence [2]

Financial Performance - Red Violet achieved $82 million in Q2'25 TTM revenue[17] - The company's Q2'25 TTM Adjusted EBITDA reached $27 million[17] - Red Violet's Q2'25 Adjusted EBITDA margin was 33%[20] - The company's Q2'25 gross revenue retention was 97%[17] - Red Violet's Q2'25 adjusted gross margin was 84%[47] Customer Base - Red Violet has over 9,500 customers as of Q2'25[17] - FOREWARN has over 346,500 users as of Q2'25[52] Market Opportunity - Red Violet operates in a large and growing market with a Total Addressable Market (TAM) exceeding $10 billion[17] Revenue Growth - Red Violet experienced 22% revenue growth in Q2'25 TTM[17] - The company's Q2'25 contractual revenue accounted for 77% of total revenue[50]

Core Insights - Red Violet, Inc. will report its financial results for the second quarter ended June 30, 2025, after the close of U.S. financial markets on August 6, 2025 [1] - The earnings call is scheduled for August 6, 2025, at 4:30 PM ET, where the company will discuss its quarterly results and provide a business update [1] Participant Registration & Webcast Information - Participants must register to receive unique dial-in credentials for the earnings call, and a general dial-in number will not be provided [2] - The earnings call will be simultaneously webcast on the Investors section of the Red Violet website [2][3] - An archived webcast of the earnings call will be available on the Investors section of the Red Violet website after the call [3] Company Overview - Red Violet specializes in analytics and information solutions, focusing on identity intelligence through proprietary technologies and analytical capabilities [4] - The company's solutions are utilized for identity verification, risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, and customer acquisition [4] - Red Violet's intelligent platform, CORE™, is designed for enterprises and is adaptable for organizations of all sizes, transforming massive datasets into actionable intelligence [4]