Reklaim Ltd ( (MYIDF) ) has released its Q2 earnings. Here is a breakdown of the information Reklaim Ltd presented to its investors.
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Reklaim Ltd. is a company focused on consumer data and privacy, offering compliant, first-party data to brands and agencies, allowing consumers to control and monetize their personal data.
In its latest earnings report for the six months ending June 30, 2025, Reklaim Ltd. reported a comprehensive loss of $410,360, compared to a loss of $290,113 in the same period last year. The company also experienced negative cash flows from operations, highlighting ongoing financial challenges.
Key financial metrics from the report show an increase in revenue to $2.56 million, up from $1.83 million in the previous year, driven by growth in both identity and platform revenue streams. Despite this revenue growth, the company reported a net loss of $430,065, with increased expenses in research and development, and selling and business development.
Reklaim’s financial position reflects a decrease in total assets to $1.52 million from $2.02 million at the end of 2024, with a notable reduction in liabilities due to the repayment of secured debentures. Shareholders’ equity improved to $789,775, up from $267,447, primarily due to increased share capital and the exercise of warrants.
Looking ahead, Reklaim’s management remains focused on obtaining additional financing to support its operations and growth initiatives, acknowledging the material uncertainty regarding its ability to continue as a going concern without securing further funding.