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RIWI Corp. (V:RIWI)

Business Focus: Professional Information Services (NEC)

Sector:  Industrials Industry:  Professional Information Services
 
Company Contact
Address: 180 Bloor Street West, Suite 1000
TORONTO ON M5S 2V6
Tel: N/A
Website: https://riwi.com
IR: See website
Key People
Gregory Wong
President, Chief Executive Officer
Anthony Tetrault
Chief Financial Officer
Alton Ing
Chief Technology Officer
Business Overview
RIWI Corp. provides a global trend-tracking and prediction technology platform. The Company's patented, cloud-based software solutions provide a global digital intelligence platform to clients seeking real-time consumer and citizen sentiment data anywhere in the world in order to improve business performance, evaluate program effectiveness, enhance customer engagement and brand equity, identify misinformation online, and to monitor emerging threats before these threats escalate to violence. Its RIWI platform enables customers to not only collect sentiment data, but also to perform message testing and conduct marketing campaigns that reach people online who are not engaged by traditional digital marketing campaigns. Its customers are leveraging RIWI in a data-as-a-service (DaaS) model as the Company builds out its global database of information and develops more long-term subscription-based trackers. The RIWI platform supports various research and data collection methodologies.
Financial Overview
For the fiscal year ended 31 December 2023, Riwi Corp revenues increased 50% to $4.2M. Net loss decreased 52% to $813K. Revenues reflect ROM segment increase from $400K to $1.5M, RIWI segment increase of 13% to $2.7M, United States of America segment increase of 63% to $2.8M, Canada segment increase of 57% to $801K. Lower net loss reflects Director cash compensation decrease of 68% to $151K (expense).
Reporting Currency: U.S. Dollars
Enterprise value: $8.34M as of Dec 31, 2023
Annual revenue (TTM): $5.71M as of Dec 31, 2023
EBITDA (TTM): -$0.81M as of Dec 31, 2023
Net annual income (TTM): -$1.11M as of Dec 31, 2023
Free cash flow (TTM): $0.92M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 18,004,428 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization