Financial Snapshot

Revenue
$70.69M
TTM
Gross Margin
80.22%
TTM
Net Earnings
$5.070M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
995.15%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$91.67M
Q3 2024
Cash
Q3 2024
P/E
103.9
Nov 29, 2024 EST
Free Cash Flow
$14.40M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $60.20M $53.32M $44.02M $34.59M $30.29M $16.30M $8.578M $4.590M $4.000M
YoY Change 12.91% 21.12% 27.28% 14.2% 85.78% 90.04% 86.88% 14.75%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $60.20M $53.32M $44.02M $34.59M $30.29M $16.30M $8.578M $4.590M $4.000M
Cost Of Revenue $13.07M $12.21M $11.20M $11.28M $12.26M $8.640M $7.070M $4.310M $2.560M
Gross Profit $47.14M $41.11M $32.83M $23.31M $18.03M $7.660M $1.510M $280.0K $1.450M
Gross Profit Margin 78.29% 77.1% 74.57% 67.4% 59.53% 46.99% 17.6% 6.1% 36.25%

Selling, General & Admin Expense

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Selling, General & Admin $36.28M $34.07M $28.74M $25.93M $26.35M $13.16M $21.87M $12.52M $11.73M
YoY Change 6.48% 18.54% 10.87% -1.61% 100.24% -39.83% 74.68% 6.73%
% of Gross Profit 76.97% 82.88% 87.56% 111.22% 146.15% 171.79% 1448.34% 4471.43% 808.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.352M $6.675M $5.399M $4.216M $2.889M $1.996M $1.138M $610.0K $220.0K
YoY Change 25.12% 23.63% 28.06% 45.93% 44.74% 75.4% 86.56% 177.27%
% of Gross Profit 17.72% 16.24% 16.45% 18.09% 16.02% 26.06% 75.36% 217.86% 15.17%
Operating Expenses $36.28M $34.07M $28.74M $25.93M $29.24M $13.16M $23.01M $13.12M $11.94M
YoY Change 6.48% 18.54% 10.87% -11.34% 122.21% -42.81% 75.38% 9.88%
Operating Profit $2.504M $361.0K -$1.315M -$6.831M -$11.21M -$7.491M -$21.50M -$12.84M -$10.49M
YoY Change 593.63% -127.45% -80.75% -39.06% 49.65% -65.16% 67.45% 22.4%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Interest Expense $1.334M $0.00 $11.00K $12.00K $136.0K $84.00K $0.00
YoY Change -100.0% -8.33% -91.18% 61.9%
% of Operating Profit 53.27% 0.0%
Other Income/Expense, Net $0.00 $539.0K $0.00
YoY Change -100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Pretax Income $3.838M $712.0K $853.0K -$6.813M -$11.08M -$6.868M -$21.50M -$16.90M -$10.50M
YoY Change 439.04% -16.53% -112.52% -38.49% 61.27% -68.06% 27.22% 60.95%
Income Tax -$9.691M $96.00K $198.0K $0.00 $0.00 $0.00 $0.00 -$40.00K $140.0K
% Of Pretax Income -252.5% 13.48% 23.21%
Net Earnings $13.53M $616.0K $655.0K -$6.813M -$11.08M -$6.868M -$21.50M -$16.86M -$10.64M
YoY Change 2096.27% -5.95% -109.61% -38.49% 61.27% -68.06% 27.52% 58.46%
Net Earnings / Revenue 22.47% 1.16% 1.49% -19.7% -36.57% -42.13% -250.64% -367.32% -266.0%
Basic Earnings Per Share $0.97 $0.04 $0.05 -$0.57
Diluted Earnings Per Share $0.96 $0.04 $0.05 -$0.57 -$1.030M -$668.9K -$2.093M -$1.632M -$1.030M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Cash & Short-Term Investments $32.03M $31.81M $34.26M $12.96M $11.78M $9.950M $70.00K $230.0K $0.00
YoY Change 0.7% -7.15% 164.34% 10.02% 18.39% 14114.29% -69.57%
Cash & Equivalents $32.03M $31.81M $34.26M $12.96M $11.78M $9.950M $70.00K $230.0K $0.00
Short-Term Investments
Other Short-Term Assets $1.113M $771.0K $599.0K $580.0K $720.0K $930.0K $560.0K $780.0K $830.0K
YoY Change 44.36% 28.71% 3.28% -19.44% -22.58% 66.07% -28.21% -6.02%
Inventory
Prepaid Expenses
Receivables $7.135M $5.535M $3.736M $3.200M $3.540M $2.270M $1.650M $690.0K $520.0K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $40.28M $38.12M $38.59M $16.74M $16.04M $13.15M $2.270M $1.700M $1.350M
YoY Change 5.68% -1.24% 130.54% 4.36% 21.98% 479.3% 33.53% 25.93%
Property, Plant & Equipment $3.049M $1.823M $2.238M $2.720M $3.280M $850.0K $1.090M $850.0K $820.0K
YoY Change 67.25% -18.54% -17.72% -17.07% 285.88% -22.02% 28.24% 3.66%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $10.03M $601.0K $137.0K $140.0K $290.0K $630.0K $1.180M $1.450M $1.390M
YoY Change 1569.05% 338.69% -2.14% -51.72% -53.97% -46.61% -18.62% 4.32%
Total Long-Term Assets $52.71M $39.30M $35.78M $35.25M $32.83M $26.68M $22.86M $17.01M $11.59M
YoY Change 34.13% 9.82% 1.51% 7.37% 23.05% 16.71% 34.39% 46.76%
Total Assets $92.99M $77.41M $74.38M $51.99M $48.87M $39.83M $25.13M $18.71M $12.94M
YoY Change
Accounts Payable $1.631M $2.229M $1.605M $2.080M $2.140M $2.250M $2.580M $920.0K $230.0K
YoY Change -26.83% 38.88% -22.84% -2.8% -4.89% -12.79% 180.43% 300.0%
Accrued Expenses $2.435M $2.446M $950.0K $1.790M $1.960M $560.0K $4.480M $2.270M $450.0K
YoY Change -0.45% 157.47% -46.93% -8.67% 250.0% -87.5% 97.36% 404.44%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $450.0K
YoY Change -100.0%
Total Short-Term Liabilities $4.879M $5.436M $3.458M $5.040M $4.330M $3.550M $7.390M $3.490M $1.020M
YoY Change -10.25% 57.2% -31.39% 16.4% 21.97% -51.96% 111.75% 242.16%
Long-Term Debt $0.00 $0.00 $0.00 $1.700M $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $1.999M $598.0K $1.291M $1.910M $2.460M
YoY Change 234.28% -53.68% -32.41% -22.36%
Total Long-Term Liabilities $1.999M $598.0K $1.291M $3.610M $2.460M $0.00 $0.00 $0.00 $0.00
YoY Change 234.28% -53.68% -64.24% 46.75%
Total Liabilities $6.878M $6.321M $4.947M $8.650M $6.790M $3.550M $7.390M $3.490M $1.020M
YoY Change 8.81% 27.77% -42.81% 27.39% 91.27% -51.96% 111.75% 242.16%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Basic Shares Outstanding 13.97M 13.76M 12.60M 11.86M
Diluted Shares Outstanding 14.13M 14.11M 13.40M 11.86M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $526.57 Million

About Red Violet, Inc.

Red Violet, Inc. engages in the provision of software and proprietary technology services. The company is headquartered in Boca Raton, Florida and currently employs 183 full-time employees. The company went IPO on 2018-03-16. The firm is engaged in building proprietary technologies and applying analytical capabilities to deliver identity intelligence. Its solutions enable the real-time identification and location of people, businesses, assets, and their interrelationships. These solutions are used for purposes including risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, and customer acquisition. The Company’s AI/ML-driven identity intelligence platform, CORE, is purpose-built for the enterprise, flexible enough for organizations of all sizes, bringing clarity to massive datasets by transforming data into intelligence. The CORE platform provides essential solutions to public and private sector organizations through easy-to-use analytical interfaces. The company markets its solutions primarily through two brands, IDI and FOREWARN. IDI is an analytics and information solutions provider.

Industry: Services-Prepackaged Software Peers: Hill International, Inc. ATLAS TECHNICAL CONSULTANTS, INC. BlackSky Technology Inc. CRA INTERNATIONAL, INC. FORRESTER RESEARCH, INC. FRANKLIN COVEY CO Spire Global, Inc. RESOURCES CONNECTION, INC. Willdan Group, Inc.