tiprankstipranks
Trending News
More News >

Reklaim Ltd. Soars to Profitability in 2023

Reklaim Ltd. Soars to Profitability in 2023

Reklaim Ltd (TSE:MYID) has released an update.

Confident Investing Starts Here:

Reklaim Ltd. has reported a significant financial turnaround with a $872K profit in 2023, marking an impressive $5M improvement from the previous year and a 74% increase in annual revenue. The company’s Q4 2023 revenue hit a record high, demonstrating a 97% surge from the same period in 2022, while gross margins rose to 77% indicating strong operational efficiency. This remarkable performance highlights Reklaim’s strategic success and positions it as a leader in the consumer data privacy market.

For further insights into TSE:MYID stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1