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]

Core Insights - Red Violet, Inc. reported a 14% increase in revenue to $21.8 million for the quarter ended June 30, 2025, alongside a record cash flow from operations of $7.5 million [1][6]. Financial Performance - Total revenue increased by 14% to $21.8 million compared to $19.1 million in the same quarter last year [6]. - Gross profit rose by 18% to $15.7 million, with gross margin improving to 72% from 70% [6]. - Adjusted gross profit increased by 17% to $18.2 million, and adjusted gross margin improved to 84% from 82% [6]. - Net income grew by 2% to $2.7 million, resulting in earnings of $0.19 per basic share and $0.18 per diluted share [6]. - Adjusted EBITDA increased by 12% to $7.6 million, with adjusted EBITDA margin slightly decreasing to 35% from 36% [6]. - Net cash provided by operating activities surged by 31% to $7.5 million [6]. Customer Metrics - The company added 308 customers to its IDI platform during the second quarter, bringing the total to 9,549 customers [6]. - FOREWARN saw an addition of 21,335 users, ending the quarter with 346,671 users, with over 575 REALTOR Associations contracted to use the service [6]. Market Position and Strategy - The CEO expressed confidence in the company's ability to continue driving revenue growth and capitalize on significant opportunities ahead, highlighting strong customer onboarding and demand [2][6]. - The company has been successful in attracting higher-tier customers, with total customer spend increasing across key revenue cohorts [6].

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]

Company Overview - Red Violet, Inc. is a leading analytics and information solutions provider specializing in identity intelligence [2] - The company utilizes proprietary technologies and analytical capabilities to deliver solutions for identity verification, risk mitigation, due diligence, fraud detection, regulatory compliance, and customer acquisition [2] Upcoming Events - Red Violet will present at the East Coast IDEAS Investor Conference on June 11-12, 2025, in New York [1] - Camilo Ramirez, Senior Vice President of Finance and Investor Relations, will lead the presentation and host investor meetings on June 11, 2025 [1] Technology and Solutions - The company's intelligent platform, CORE™, is designed for enterprises but is adaptable for organizations of all sizes, transforming massive datasets into actionable intelligence [2] - Red Violet's solutions are aimed at enabling frictionless commerce, ensuring safety, and reducing fraud-related expenses for society [2]

BOCA RATON, Fla., May 13, 2025 (GLOBE NEWSWIRE) -- Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, today announced that it will present at the 25th Annual B. Riley Securities Investor Conference being held May 21-22, 2025 at The Ritz-Carlton, Marina del Ray. Derek Dubner, Chief Executive Officer, and Daniel MacLachlan, Chief Financial Officer, will present and host investor meetings on May 21, 2025. About red violet® At red violet, we build proprietary technologies a ...

Core Insights - Red Violet, Inc. reported a record revenue increase of 26% to $22.0 million for the first quarter of 2025 compared to the same period in 2024, with a GAAP EPS of $0.24 [1][5][12] Financial Performance - Gross profit rose by 37% to $15.8 million, with gross margin improving to 72% from 66% [5][12] - Adjusted gross profit increased by 33% to $18.3 million, and adjusted gross margin rose to 83% from 79% [5][12] - Net income surged by 93% to $3.4 million, resulting in earnings of $0.25 and $0.24 per basic and diluted share, respectively [5][12] - Adjusted EBITDA grew by 47% to $8.4 million, with adjusted EBITDA margin increasing to 38% from 32% [5][12] - Adjusted net income increased by 53% to $4.8 million, leading to adjusted earnings of $0.35 and $0.33 per basic and diluted share, respectively [5][12] Cash Flow and Dividends - Net cash provided by operating activities rose by 16% to $5.0 million [5][14] - Cash and cash equivalents stood at $34.6 million as of March 31, 2025 [5][14] - The company paid a special cash dividend of $0.30 per share, totaling $4.2 million, to shareholders of record as of January 31, 2025 [5][12] Customer Metrics - The company added 315 customers to its IDI platform, ending the quarter with 9,241 customers [5][12] - FOREWARN saw an addition of 21,918 users, bringing the total to 325,336 users, with over 545 REALTOR Associations contracted to use the service [5][12] Business Model and Strategy - Red Violet focuses on proprietary technologies and analytical capabilities to deliver identity intelligence, enabling real-time identification and location of people, businesses, and assets [4][5] - The company's solutions are utilized for identity verification, risk mitigation, fraud detection, and regulatory compliance, among other applications [4][5]

Core Insights - Red Violet, Inc. will participate in the 20th Annual Needham Technology, Media, & Consumer Conference from May 8-13, 2025, with investor meetings hosted virtually on May 12, 2025 [1] Company Overview - Red Violet, Inc. specializes in analytics and information solutions, focusing on identity intelligence through proprietary technologies and analytical capabilities [2] - The company's solutions facilitate real-time identification and location of individuals, businesses, and assets, serving purposes such as identity verification, risk mitigation, due diligence, fraud detection, regulatory compliance, and customer acquisition [2] - Red Violet's intelligent platform, CORE™, is designed for enterprises but adaptable for organizations of all sizes, transforming large datasets into actionable intelligence [2]

About red violet At red violet, we build proprietary technologies and apply analytical capabilities to deliver identity intelligence. Our technology powers critical solutions, which empower organizations to operate with confidence. Our solutions enable the real-time identification and location of people, businesses, assets and their interrelationships. These solutions are used for purposes including identity verification, risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, ...