Reklaim Ltd Reports 10% Year-to-Date Revenue Growth and Advances Product Investments in Q3
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.
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
Details
News Market Reaction – MYIDF
On Dec 1, the day this news came out, MYIDF closed 13.64% below the previous close.
Data tracked by StockTitan Argus for the Dec 1 session.
Key Figures
- YTD revenue growth
- 10%
- Year-to-date vs prior year
- Q3 2025 revenue
- $1.1 million
- Quarter ended September 30, 2025
- Gross margin
- 75%
- Q3 2025, in line with long-term target range
- Quarter-end cash
- $400,000
- End of Q3 2025, consistent with Q2
- Shareholder equity
- $464,000
- End of Q3 2025
- New debenture financing
- $500,000
- Senior secured debenture completed with TSXV approval
- Debenture interest rate
- 12% per annum
- Senior secured debenture, three-year term
- Warrant exercise price
- $0.14 per share
- 50% warrant coverage attached to debenture
Historical Context
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Reported 10% YTD revenue growth and 75% margins plus balance sheet moves.
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Completed $500,000 convertible debenture to fund Reklaim Protect expansion.
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Hired former Norton privacy leader as VP Product for Reklaim Protect.
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Launched breach alerts and Vermont broker opt-outs for Protect subscribers.
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Expanded Protect internationally and introduced $10,000 monthly jackpot program.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
ncib financial
senior secured debenture financial
warrant coverage financial
AI-generated analysis. How Rhea-AI works. 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
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