Ryvyl Inc. ( (RVYL) ) has released its Q2 earnings. Here is a breakdown of the information Ryvyl Inc. presented to its investors.
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Ryvyl Inc. is a financial technology company based in San Diego, specializing in global payment acceptance and disbursement solutions, with a focus on transforming the payments landscape through technology-driven financial solutions. In its latest earnings report for the quarter ending June 30, 2025, Ryvyl Inc. reported a significant decline in revenue and an increase in net loss compared to the previous year. The company’s revenue decreased to $2.8 million from $2.97 million in the same quarter last year, while the net loss widened to $8.4 million from $12.1 million. Key factors contributing to this performance include the discontinuation of the QuickCard product and the sale of its European subsidiary, Ryvyl EU, which resulted in a $6.5 million loss on sale. Despite the challenges, Ryvyl Inc. is focusing on its NEMS Core platform and expanding its services in North America. Looking ahead, the company aims to improve its liquidity position through capital raising efforts and cost control measures, although substantial doubt remains about its ability to continue as a going concern.