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.

Core Insights - Reklaim Ltd. has appointed Mark Thompson, former Head of Privacy Product Management at Gen Digital, as Vice President of Product to enhance the expansion and innovation of its Reklaim Protect platform focused on consumer privacy protection [2][3]. Company Overview - Reklaim Ltd. is the only company globally that allows consumers to view, protect, and receive compensation for their data, operating through subscription (Reklaim Protect) and rewards-based (Reklaim Rewards) platforms [5]. Leadership and Experience - Mark Thompson brings extensive experience in building consumer privacy products, having led the launch of various privacy solutions at Gen Digital, which includes VPN, Privacy Monitor, AntiTrack, and Private Email, significantly advancing digital protection for millions [3][4]. - Neil Sweeney, Founder and CEO of Reklaim, emphasized that Thompson's expertise in user trust, design, and innovation will be crucial for scaling the Reklaim Protect platform globally [4].

Core Insights - Reklaim Ltd. reported a revenue increase of 18% year-over-year for Q2 2025, reaching $1.30 million, marking the fifth consecutive quarter of growth [5] - The company eliminated its debenture, reducing liabilities by over $800,000 and removing future interest expenses, which allows for a cleaner balance sheet [5][4] - Reklaim launched new products, including Reklaim Protect and Reklaim Jackpot, aimed at enhancing consumer engagement and establishing new revenue streams [5][4] Financial Highlights - Revenue for Q2 2025 was $1.30 million, up from $1.10 million in Q2 2024 [5] - Gross margin decreased to 77% from 81% in Q2 2024 due to investments in product launches and temporary distribution platform usage [5] - EBITDA improved to ($140,634) from ($332,776) in Q2 2024 [5] - Cash balance increased by 19.6% to $419,000 from Q1 2025 [5] Operational and Strategic Highlights - The company introduced Reklaim Protect, an AI subscription-based privacy service, in May 2025, creating a new recurring revenue stream [5] - With the enactment of privacy laws in eight additional U.S. states, a total of 20 states now have comprehensive data privacy frameworks, increasing demand for Reklaim's solutions [5] - The Reklaim Jackpot initiative was launched in July 2025 to reward consumer participation, enhancing engagement and retention [5] - The Shares for Redemption (S4R) program allows consumers to redeem points for common shares, aligning consumer rewards with long-term shareholder interests [5] Miscellaneous - Reklaim engaged Independent Trading Group Inc. for market-making services to improve liquidity and maintain an orderly market for its shares [6] - The company purchased 105,000 common shares at an average price of $0.09 under its normal course issuer bid for cancellation [5]

Core Insights - Reklaim Ltd. has introduced two new privacy tools for Reklaim Protect subscribers: Breaking Breach Alerts and Vermont Data Broker Opt-Outs, enhancing real-time consumer protection against data threats [1][2][3]. Group 1: New Features - Breaking Breach Alerts provide subscribers with real-time notifications of major data breaches, enabling them to take immediate actions such as changing passwords or freezing accounts [3][5]. - Vermont Data Broker Opt-Outs expand Reklaim's coverage, allowing users to opt-out of data sales in Vermont, which has stringent data broker regulations, thus enhancing consumer protection [4][5]. Group 2: Subscription Details - Reklaim Protect is available at a competitive price of $1 per month or $10 per year, offering features like automated opt-outs from data brokers, data removal monitoring, and now, breach alerts [5][9]. - The service is positioned as one of the most accessible consumer privacy tools in the market, emphasizing affordability and comprehensive coverage [5][9]. Group 3: Company Overview - Reklaim is a pioneer in consumer data privacy and compliant data monetization, empowering users to control their personal data and earn rewards for participation in a privacy-first data economy [8][9].