Reklaim Ltd Achieves Record Revenue Growth and Launches New Privacy Service

Reklaim Ltd ( (TSE:MYID) ) just unveiled an update.

Reklaim Ltd reported a 73% increase in revenue for Q1 2025 and launched a new subscription service, Reklaim Protect, which adds a high-margin recurring revenue stream. The company experienced significant growth in privacy-compliant data sales and expanded its platform integrations, positioning itself well amid tightening data privacy regulations. Reklaim’s dual-offering strategy caters to both privacy-conscious and data-monetization-minded consumers, enhancing its market positioning and appeal to stakeholders.

Spark’s Take on TSE:MYID Stock

According to Spark, TipRanks’ AI Analyst, TSE:MYID is a Neutral.

Reklaim Ltd’s overall score reflects strong revenue and cash flow improvements, tempered by high leverage and declining profit margins. The recent positive corporate events and technical indicators suggest some optimism, but the high valuation presents caution. The lack of earnings call data limits a full assessment of future guidance.

To see Spark’s full report on TSE:MYID stock, click here.

More about Reklaim Ltd

Reklaim Ltd is a leader in consumer data privacy and compliant data monetization, offering privacy-compliant data solutions for Fortune 500 brands, platforms, and data companies. The company provides individuals with the ability to reclaim, control, and monetize their data with transparency and consent.

Average Trading Volume: 45,327

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$10.62M

Learn more about MYID stock on TipRanks’ Stock Analysis page.