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Reklaim Ltd - MYIDF STOCK NEWS

Welcome to our dedicated news page for Reklaim (Ticker: MYIDF), a resource for investors and traders seeking the latest updates and insights on Reklaim.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Reklaim's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Reklaim's position in the market.

Rhea-AI Summary
Reklaim successfully reduces debt by 9.8% through a cash payment of $100,000, funded by existing investors' warrants exercise. The company maintains its share structure with no new shares issued. Financially strong year with record revenue of $1,416,230 in Q4-2023, marking a 97% increase from the previous year. Board approves 1,634,000 stock options and RSUs under Omnibus Equity Incentive Plan.
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Rhea-AI Summary
Reklaim reports a remarkable $872K profit, marking a $5M improvement over the past 12 months. The company achieved 74% year-over-year revenue growth, reaching $4,111,927 in 2023. Gross margins surged to 77%, with a significant improvement in cash flow from operations. Q4 2023 revenue hit an all-time high of $1,416,230, showcasing a 97% surge compared to 2022. Reklaim demonstrated exceptional performance in key metrics, emphasizing resilience and strategic focus.
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End-of-Day
5.16%
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Rhea-AI Summary
Reklaim Ltd. (MYIDF) anticipates achieving full-year profitability for Fiscal 2023, marking a significant milestone in its history. The company is confident in maintaining growth in 2024 and enhancing its market presence.
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-0.6%
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Reklaim Ltd. (TSXV: MYID) (OTC: MYIDF) reports Q3-2023 financial results with positive operating cash flow and 119% YTD revenue growth. The company achieved a quarterly profit of $529,914, a 52% revenue growth, and a 91% recurring revenue ratio in Q3-2023. Neil Sweeney, CEO and Founder, highlights the surge in demand for privacy-compliant data and the company's strategic positioning to capitalize on this momentum.
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-12%
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Rhea-AI Summary
Reklaim Ltd. (TSXV: MYID) (OTC: MYIDF) will hold a conference call on November 9, 2023, at 4:30 p.m. Eastern time to discuss its Q3-2023 financial results. The call will be hosted by Neil Sweeney, CEO and Founder. Zoom registration is available at https://us02web.zoom.us. The conference call will be broadcast live and available for replay on investors.reklaimyours.com.
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0.15%
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Rhea-AI Summary
Reklaim Ltd. reduces debt by 39% in fiscal 2023 while maintaining profitability.
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9.27%
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Rhea-AI Summary
Reklaim reduces total debt by 32% in Fiscal 2023 and CEO Neil Sweeney to attend three investor conferences. Kevin Shea steps down from the Board of Directors. Debt settlement of $100,000 through issuance of 2,000,000 Common Shares. Debt reduction positively affects stock price.
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Reklaim announces results of annual general and special shareholders meeting and shareholder approval of omnibus equity incentive plan
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-16.67%
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Reklaim Ltd. has resolved a dispute with a former vendor, reducing accounts payable by $506,695. This agreement decreases outstanding accounts payable by 36% and will have a significant positive impact on the company's financial standing and balance sheet.
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26.38%
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44.3%
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Reklaim Ltd

OTC:MYIDF

MYIDF Rankings

MYIDF Stock Data

12.21M
82.52M
26.84%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
Canada
Toronto