Reklaim Ltd Reports 10% Year-to-Date Revenue Growth and Advances Product Investments in Q3

Rhea-AI Summary

Reklaim (OTC: MYIDF) reported Q3 2025 revenue of $1.1M and year-to-date revenue +10% versus prior year, with gross margin 75% in line with long-term targets. The company said Q3 investment in its product suite—Reklaim Protect, Jackpot, and Invest—raised operating expenses temporarily but aims to diversify revenue into 2026.

Corporate actions in Q3 included full repayment of an outstanding debenture, active NCIB share repurchases, warrant exercises, and completion of a $500,000 senior secured debenture financing (12% annual interest, three-year term, 50% warrant coverage at $0.14). Cash at quarter-end was $400,000 and shareholder equity $464,000.

Positive

• Year-to-date revenue +10% versus prior year
• Q3 gross margin consistent at 75%
• Completed $500,000 senior secured debenture financing

Negative

• Quarter-end cash balance of $400,000
• Debenture carries 12% annual interest (three-year term)
• Temporary increase in operating expenses from product investments

Q3 Reflects Product Investment Year; Revenue Pace Ahead of 2024 With Strong Tailwinds Into 2026

New York, New York--(Newsfile Corp. - December 1, 2025) - Reklaim Ltd. (TSXV: MYID) (OTC Pink: MYIDF) ("Reklaim") today announced its financial results for the three and nine months ended September 30, 2025.

Year-to-date revenue increased 10% over the same period last year, driven by demand for compliant, permissioned consumer data and continued distribution growth with platform partners. Q3 revenue was $1.1 million, with gross margins of 75%, consistent with the Company's long-term target range.

During the quarter, Reklaim continued to invest in its expanded product suite, including Reklaim Protect, Reklaim Jackpot, and Reklaim Invest, to diversify revenue and strengthen the Company's position heading into 2026. These investments, combined with disciplined capital allocation, contributed to a temporary increase in operating expenses but are expected to support meaningful growth beginning next year.

Reklaim strengthened its balance sheet in Q3 through the full repayment of its outstanding debenture, active share repurchases under its NCIB, and warrant exercises that contributed additional capital. The Company ended the quarter with $400,000 in cash, consistent with Q2, and positive shareholder equity of $464,000.

"With 20 U.S. states now implementing comprehensive privacy laws, demand for compliant, user-consented data continues to accelerate across brands and platforms," said Neil Sweeney, CEO. "Reklaim remains uniquely positioned to help partners navigate this regulatory environment while offering consumers greater choice through both Reklaim Rewards and Reklaim Protect."

Reklaim continues to prioritize profitability, disciplined growth, and the expansion of its consumer subscription and B2B data businesses.

Other Corporate Updates

Reklaim is pleased to announce the completion of its previously disclosed $500,000 senior secured debenture financing, which has now received final approval from the TSX Venture Exchange. The debenture carries a 12% annual interest rate, a three-year term, and 50% warrant coverage, exercisable at $0.14 per share. The financing strengthens the Company's balance sheet and provides additional flexibility to support ongoing product development and commercial expansion initiatives.

About Reklaim

Reklaim is North America's leading consumer-driven data and privacy platform. Through Reklaim Rewards, consumers can monetize their data transparently and with consent. At the same time, Reklaim Protect enables individuals to remove their personal information from data brokers, monitor dark web exposure, and manage state-level privacy requests. Reklaim offers brands and platforms access to high-fidelity, permissioned consumer data that adheres to evolving privacy regulations across the United States and Canada.

Reklaim trades on the TSX Venture Exchange under the symbol MYID and on the OTC under the symbol MYIDF.

Contact Information

Investor Relations
Reklaim Ltd.
Email: InvestorRelations@reklaimyours.com

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements are often identified by words such as "anticipate," "expect," "intend," "plan," "believe," "estimate," "may," "will," "project," "potential," and similar expressions. These statements reflect management's current expectations regarding future results and operational performance and are based on information currently available to management. Forward-looking statements in this release include, but are not limited to, statements regarding future revenue growth, product performance, the impact of regulatory developments, the expected benefits of investments made in 2025, and the Company's outlook for 2026 and beyond.

Forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those expressed or implied in such statements, including: changes in privacy regulation, shifts in digital advertising spend, macroeconomic conditions, competitive pressures, product adoption rates, financing availability, and other risks described in Reklaim's public filings available on SEDAR+. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release.

Reklaim does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required under applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276369

FAQ

What were Reklaim (MYIDF) Q3 2025 revenue and gross margin?

Reklaim reported Q3 2025 revenue of $1.1M with a 75% gross margin.

How much did Reklaim (MYIDF) revenue change year-to-date as of Sept 30, 2025?

Year-to-date revenue increased by 10% versus the same period in 2024.

What financing did Reklaim (MYIDF) complete in Q3 2025 and what are the terms?

Reklaim completed a $500,000 senior secured debenture at 12% annual interest, three-year term, with 50% warrant coverage exercisable at $0.14.

How did Reklaim (MYIDF) strengthen its balance sheet in Q3 2025?

Actions included full repayment of an outstanding debenture, NCIB share repurchases, warrant exercises, and the new $500,000 debenture financing.

What is Reklaim's (MYIDF) cash and shareholder equity position at Sept 30, 2025?

The company ended the quarter with $400,000 in cash and $464,000 in shareholder equity.