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]