Ryvyl (RVYL) AI Stock Analysis

• Market Cap: $6.26M
• Dividend Yield: N/A
• Average Volume (3M): 58.97K
• Price to Earnings (P/E): ―
• Beta (1Y): 3.35
• Revenue Growth: -14.99%
• EPS Growth: 59.75%
• Country: US
• Employees: 99
• Sector: Technology
• Sector Strength: 40
• Industry: Software - Infrastructure
• EPS (TTM): -3.98
• Shares Outstanding: 8,351,086
• 10 Day Avg. Volume: 48,078
• 30 Day Avg. Volume: 58,970
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.14
• Price to Cash Flow (P/CF): 0.10
• P/FCF Ratio: 0.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 1

Ryvyl's stock is currently rated low due to significant financial challenges, including declining revenues and high leverage, which pose risks to financial stability. The technical analysis indicates potential downward pressure, and the valuation is unattractive due to ongoing losses. However, the earnings call provides some optimism with international growth and strategic initiatives, offering potential for future improvement.

Positive Factors

Global Expansion

RYVYL significantly expanded its global payments footprint, extending Visa Direct services to 16 countries and launching new services and systems.

Technological Efficiency

Ryvyl's automated, AI-driven onboarding process is viewed as significantly more efficient compared to traditional methods, enhancing customer acquisition.

Negative Factors

North American Market

A healthy $48.9M business in North America in 2023 is expected to fall 63% to $18.2M for FY24, indicating inconsistencies in the region.

Revenue Volatility

Analyst remains unsettled on projections due to revenue reporting volatility, such as divested or spin-off business and constant flux of regulatory requirements, especially in the U.S.

Ryvyl Business Overview & Revenue Model

Company Description

Ryvyl (RVYL) is a company operating in the financial technology sector, focusing on providing innovative payment solutions. The company offers a range of products and services designed to facilitate secure and efficient transactions, catering to both businesses and consumers. Their offerings include digital payment platforms, transaction processing services, and other related financial technology solutions.

How the Company Makes Money

Ryvyl makes money primarily through transaction fees charged on payments processed via its platforms. The company partners with merchants, financial institutions, and other businesses to integrate its payment solutions, earning a percentage of each transaction. Additionally, Ryvyl may generate revenue from subscription fees for access to its platform, as well as from other value-added services such as data analytics and fraud detection. Strategic partnerships with key industry players enable Ryvyl to expand its market reach and enhance its service offerings, contributing to its overall revenue growth.

Ryvyl Financial Statement Overview

Summary

Ryvyl is facing substantial financial challenges, with declining revenues and significant net losses impacting profitability. The balance sheet shows high leverage and negative equity, posing serious risks to financial stability. However, the cash flow statement provides some relief with positive operating cash flow, indicating some strength in cash management.

Income Statement

Ryvyl's income statement reveals a challenging financial situation. The TTM (Trailing-Twelve-Months) data shows a gross profit margin of 40.04%, which is decent, but the company is still suffering from negative EBIT and EBITDA margins, indicating operational inefficiencies. The drastic revenue decline from the previous year, with a negative revenue growth rate of -14.96%, further highlights the company's struggle to maintain its market position. The net profit margin is deeply negative at -47.91%, reflecting significant net losses.

Balance Sheet

The balance sheet indicates a precarious financial position for Ryvyl, with a negative stockholders' equity of -$1.49 million, suggesting potential solvency issues. The debt-to-equity ratio is not meaningful due to negative equity, but the company's total debt of $3.70 million against substantial liabilities points to a high leverage situation. The equity ratio is negative as well, which is a critical risk factor.

Cash Flow

The cash flow statement shows some positive aspects, with a robust operating cash flow of $21.19 million and a free cash flow of $21.14 million in the TTM period. However, the free cash flow growth rate is negative at -36.03%, which raises concerns about future liquidity. The operating cash flow to net income ratio is positive due to high operating cash flow despite net losses, which is a strength in cash management.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
56.00M	65.87M	32.91M	26.30M	8.53M	10.00M
	Gross Profit
22.43M	25.71M	16.12M	16.89M	3.70M	-1.09M
	EBIT
-20.89M	-12.30M	-37.84M	-20.78M	-5.10M	-5.61M
	EBITDA
-24.28M	-33.78M	-5.02M	-29.39M	-3.48M	-3.87M
	Net Income Common Stockholders
-26.82M	-53.10M	-49.24M	-26.45M	-6.16M	-4.88M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.60M	12.18M	13.96M	89.56M	-120.11K	-234.04K
	Total Assets
122.28M	128.66M	97.66M	132.67M	12.26M	12.38M
	Total Debt
3.70M	20.32M	63.11M	60.84M	1.40M	1.78M
	Net Debt
1.10M	8.14M	49.15M	-28.72M	1.52M	2.02M
	Total Liabilities
123.77M	105.17M	99.58M	87.17M	11.88M	17.74M
	Stockholders Equity
-1.49M	23.49M	-1.92M	45.51M	385.24K	-5.37M
Cash Flow		Free Cash Flow
21.14M	33.05M	-9.51M	-27.32M	-4.17M	-215.35K
	Operating Cash Flow
21.19M	33.16M	-9.34M	-27.17M	-4.16M	-165.56K
	Investing Cash Flow
-1.81M	2.29M	-47.65M	-2.66M	-6.65K	-49.80K
	Financing Cash Flow
-241.00K	-3.01M	-10.05M	116.06M	5.24M	684.67K

Ryvyl Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.84
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RVYL, the sentiment is Negative. The current price of 0.84 is below the 20-day moving average (MA) of 0.97, below the 50-day MA of 1.01, and below the 200-day MA of 1.38, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 39.20 is Neutral, neither overbought nor oversold. The STOCH value of 30.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for RVYL.

Ryvyl Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
XYZ	73 Outperform	$34.68B	12.30	14.50%	―	10.06%	38060.98%
GPN	73 Outperform	$20.29B	13.39	6.94%	1.26%	4.68%	63.39%
PAYO	72 Outperform	$2.22B	18.34	17.45%	―	17.64%	30.75%
Sector *	57 Neutral	$20.31B	10.03	-14.49%	2.79%	5.15%	-23.76%
RPAY	54 Neutral	$503.85M	―	-1.29%	―	5.53%	90.89%
RVYL	44 Neutral	$6.26M	―	-243.87%	―	-14.99%	59.75%
FLNT	34 Underperform	$44.80M	―	-98.64%	―	-14.67%	59.39%

Ryvyl Corporate Events

Ryvyl Projects Strong Revenue Growth for 2025

Ryvyl Inc. announced its preliminary 2024 revenue of $56 million and projected 2025 revenue between $80 million and $90 million, reflecting over 50% growth. The company plans to enhance gross margins to the mid-40s percent and achieve positive EBITDA and cash flow in the latter half of 2025. Ryvyl aims to terminate an asset sale agreement for its RYVYL EU subsidiary by raising $16.5 million through potential fundraising options, including equity financing. The company recently improved its balance sheet by retiring its Series B Convertible Preferred Stock and reducing its Senior Secured Note, which increased shareholder equity by over $50 million.