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
News Market Reaction
On the day this news was published, MYIDF declined 13.64%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
MYIDF showed a positive move while peers were mixed, with names like EBZT at -3.8%, QGSI at -10.26%, RDAR at +16.67%, TMMI at +0.7%, and WAST at -4.35%, indicating stock-specific factors rather than a broad sector trend.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 01 | Q3 earnings update | Positive | -13.6% | Reported 10% YTD revenue growth and 75% margins plus balance sheet moves. |
| Oct 31 | Convertible financing | Neutral | -4.5% | Completed $500,000 convertible debenture to fund Reklaim Protect expansion. |
| Oct 14 | Key hire | Positive | -0.8% | Hired former Norton privacy leader as VP Product for Reklaim Protect. |
| Jul 31 | Product enhancements | Positive | +2.4% | Launched breach alerts and Vermont broker opt-outs for Protect subscribers. |
| Jul 09 | Product expansion | Positive | -1.9% | Expanded Protect internationally and introduced $10,000 monthly jackpot program. |
Recent news often skewed positive on products and financing, yet share reactions have more frequently been negative or muted, suggesting a tendency for price weakness or skepticism even on favorable announcements.
Over the last six months, Reklaim reported multiple product and financing milestones. In July 2025, it expanded Protect globally and added a $10,000 jackpot, followed by new breach alerts and Vermont data broker opt-outs on Jul 31. Hiring a senior privacy leader on Oct 14 and a $500,000 convertible debenture financing on Oct 31 supported Protect’s growth. The latest Q3 2025 update on Dec 01 highlighted 10% YTD revenue growth, strong 75% margins, and balance sheet moves, but prior similar updates often saw limited or negative price reactions.
Market Pulse Summary
The stock dropped -13.6% in the session following this news. A negative reaction despite revenue growth and strong 75% gross margins would fit a pattern where prior positive updates sometimes preceded weak price action. Investors have previously seen declines after financing and product news, which may reflect caution around the $500,000 debenture’s 12% coupon, warrant coverage at $0.14, and the company’s modest cash and equity base despite growth ambitions.
Key Terms
ncib financial
senior secured debenture financial
warrant coverage financial
AI-generated analysis. Not financial advice.
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
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
"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
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
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