Reklaim Ltd. (V:MYID)
Business Focus: Software (NEC)
| Sector: Technology | Industry: Software |
| Company Contact | |
| Address: | Etobicoke RPO, Thorncrest PO Box 60029 TORONTO ON M9A 5G2 |
| Tel: | N/A |
| Website: | https://www.reklaimyours.com |
| IR: | See website |
| Key People | ||
| N/A | ||
| Business Overview |
| Reklaim Ltd. is a Canada-based consumer-focused data company. The Company is engaged in offering compliant, first-party data to Fortune 500 brands and agencies, platforms, and data companies through which it allows consumers to visit the platform, confirm their identity and unveil data that has been collected and sold on them for years without the consumer's explicit consent. It enables consumers to take back control of this data by setting up a Reklaim account where, should they choose to, consumers can be compensated for using their data or protect it via a suite of privacy tools. The Company's platform offers various data segments, which includes household information, interests, traits, reading preferences, watching preferences, donation history, and financial information. It reveals various attributes based on the amount or variety of regular Internet activities of the consumers, such as reading articles, shopping, managing finances, and streaming platforms. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Reklaim Ltd revenues increased 74% to C$4.1M. Net income totaled C$910K vs. loss of C$4.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Marketing Other Expenses decrease of 73% to C$228K (expense), Research and development decrease of 52% to C$433K (expense). |
| Employees: | 7 as of Dec 31, 2008 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $15.13M as of Dec 31, 2023 |
| Annual revenue (TTM): | $4.11M as of Dec 31, 2023 |
| EBITDA (TTM): | $0.48M as of Dec 31, 2023 |
| Net annual income (TTM): | $0.91M as of Dec 31, 2023 |
| Free cash flow (TTM): | $0.05M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $0.80M as of Dec 31, 2023 |
| Shares outstanding: | 114,983,709 as of Mar 13, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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