Riskified Ltd. Class A ( (RSKD) ) has released its Q1 earnings. Here is a breakdown of the information Riskified Ltd. Class A presented to its investors.
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Riskified Ltd. is a leading company in the ecommerce fraud and risk intelligence sector, providing AI-driven solutions to help businesses combat fraud and enhance customer retention. In its latest earnings report, Riskified announced a continued growth trajectory, emphasizing its strategic vertical and geographic expansion, as well as maintaining its 2025 guidance.
In the first quarter of 2025, Riskified achieved significant milestones, including onboarding new merchants across diverse verticals and geographies, with notable growth in the Money Transfer & Payments category. The company also reported a 190% year-over-year increase in revenue from products beyond its core Chargeback Guarantee offering, highlighting the success of its multi-product platform.
Financially, Riskified reported an 8% increase in revenue year-over-year, reaching $82.4 million, although it experienced a decline in gross profit margin from 55% to 49%. The company ended the quarter with a net loss of $13.9 million, compared to a $11.6 million loss in the same period last year. Despite these challenges, Riskified maintained a strong cash position with $357.1 million in cash and investments and no debt.
Looking ahead, Riskified remains optimistic about its growth prospects, with expectations of revenue between $333 million and $346 million for the full year 2025. The company continues to focus on expanding its product offerings and geographical reach, aiming to drive long-term value for shareholders.