Reklaim Ltd (TSE:MYID) has released an update.
Reklaim Ltd. has bolstered its financial health by reducing its debt by 9.8% through a $100,000 cash payment made possible by warrant exercises from its investors, without issuing any new shares and maintaining its share structure. The company’s strong financial performance is underscored by a profitable year and a significant revenue increase in the last quarter. Reklaim continues to advance its mission of empowering consumers to manage and monetize their personal data, offering them the option to earn compensation in the process.
For further insights into TSE:MYID stock, check out TipRanks’ Stock Analysis page.
