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Mega Millions lottery rises to nearly $1 billion
NBC News· 2025-11-12 16:31
Nearly $1 billion now up for grabs thanks to the Megaillions lottery. No one hit the top prize in last night's drawing, so it rolls over. But here, take a look at the numbers on your screen.There was a $5 million winner. Couple of $3 million winners, too. So, check those out.The jackpot for Friday night's drawing now sits at a staggering $965 million. The last time somebody won the whole thing, that was back in June. Jackpot's been growing ever. ...
Reklaim (OTCPK:MYID.F) 2025 Conference Transcript
2025-10-22 16:02
Summary of Reklaim (OTCPK:MYID.F) 2025 Conference Call Company Overview - **Company Name**: Reklaim - **Industry**: Data Privacy and Management - **Founded**: Six years ago by Neil Sweeney - **Current Status**: Profitable for two years, with strong growth metrics Key Financial Metrics - **Growth Rate**: Typically grows 25% to 50% annually; 73% growth in Q1 2025, 18% in Q2 2025 [2][3] - **Gross Margin**: 80% [3] - **Free Cash Flow**: Positive, with no debt [3][4] - **Shares Outstanding**: 126 million [3] - **Revenue**: $1.2 million in Q2 2025, with a goal of 25% growth for the year [21][23] Business Model and Revenue Streams - **Revenue Streams**: - **Commissionable Revenue**: Earned from selling user data to companies like IBM and Microsoft [10][13] - **Protect Product**: Launched in March 2025, a subscription service for data protection priced at $5/month [11][19] - **Total Addressable Market**: Approximately $115 billion, combining the data market and privacy market [12] Product Offerings - **Reklaim Protect**: - Focuses on data removal and monitoring for users [5][19] - Includes features like dark web monitoring and real-time breach alerts [18][19] - **Jackpot Concept**: A new reward model where users can pledge their earnings for a chance to win larger sums, enhancing user engagement [14][15] Market Dynamics - **Data Market Size**: Estimated at $100 billion, with a shift towards consumer involvement in data management [6][9] - **Regulatory Changes**: 20 states in the U.S. have updated privacy regulations, increasing demand for consumer data management solutions [7][8] - **Competition**: Incumbents like Norton and TransUnion manage 30% to 40% of the high-end market, leaving a significant untapped opportunity for Reklaim [17][25] Strategic Advantages - **Consumer-Centric Approach**: Reklaim's model allows consumers to either sell their data for compensation or protect it, catering to diverse consumer preferences [7][11] - **AI Integration**: All products are AI-native, providing a competitive edge over traditional incumbents [20][27] - **Low Churn Rate**: Less than 2% churn in the rewards product due to automatic payments [36] Future Outlook - **User Growth Target**: Aim to reach 100,000 users for the Protect product by the end of Q1 2026, which would significantly boost revenue [21][20] - **Market Positioning**: Reklaim believes it is well-positioned to capitalize on the evolving data privacy landscape and consumer demand for data control [25][26] Additional Insights - **Leadership Team**: Includes experienced professionals from major tech companies, enhancing credibility and expertise [5] - **Consumer Engagement**: The introduction of the jackpot model has increased user participation and brand promotion [15][16] - **Legal Framework**: The company is prepared to act as a fulfillment engine for data breach settlements in the future [44] This summary encapsulates the key points discussed during the Reklaim conference call, highlighting the company's financial health, business model, market dynamics, and strategic advantages.
$1.8 billion Powerball drawing turns up winners in Texas and Missouri
NBC News· 2025-09-08 00:15
Jackpot Details - The Powerball jackpot reached the second highest in its history [1] - Two winning tickets were sold in Texas and Missouri [1] - The total jackpot prize is nearly $1.8 billion [1] Payout Options - The lump sum option is $410 million [3] - The annual payment option totals $893 million [3] Impact and Reactions - A store in Fredericksburg, Texas sold one of the winning tickets, becoming the talk of the town [2] - Customers expressed dreams of buying houses with the winnings [2]
Powerball jackpot rolls over to $1.1 billion
NBC News· 2025-09-01 16:10
This morning, America's Powerball hopes are soaring. Tonight's Powerball jackpot is expected to be the game's fifth largest ever, an estimated $1.1% billion. Only six Powerball prizes have ever topped 1 billion bucks.If you're the lucky winner, you can either take the full jackpot paid out over 30 years, or you can walk away immediately with a lump sum of almost $500 million before taxes. For two bucks, you can daydream for a bit. It's fun.So, what would you do if you won. Whatever's on your wish list, you' ...
