Reklaim Ltd (MYID) AI Stock Analysis

• Market Cap: C$11.38M
• Dividend Yield: N/A
• Average Volume (3M): 85.52K
• Price to Earnings (P/E): 31.0
• Beta (1Y): 0.42
• Revenue Growth: 36.52%
• EPS Growth: -63.75%
• Country: CA
• Employees: 1
• Sector: Technology
• Sector Strength: 98
• Industry: Software - Application
• EPS (TTM): N/A
• Shares Outstanding: 126,438,520
• 10 Day Avg. Volume: 87,656
• 30 Day Avg. Volume: 85,521
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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

• Rating: 58 Neutral
• Price Target: C$0.00 ▼(-100.00% Downside)

Reklaim Ltd's overall stock score is driven by a mix of financial challenges and promising corporate developments. While the company faces high leverage and declining profit margins, its recent corporate actions, such as debt elimination and product expansion, are positive. The technical indicators suggest a bearish trend, but the valuation remains relatively high, indicating potential overvaluation concerns.

Reklaim Ltd Business Overview & Revenue Model

Company Description

Reklaim Ltd. operates consumer data and privacy platform in Canada and the United States. It offers compliant and first-party data to brands and agencies, platforms, and data companies. The company's platform also allows consumers to visit the platform, confirm their identity, and unveil data collected and sold. In addition, it provides privacy solutions, such as data broker detection, data breach monitoring, and VPN to keep personal data safe and secure; and chrome browser extensions. The company was formerly known as Killi Ltd. and changed its name to Reklaim Ltd. in November 2021. Reklaim Ltd. was founded in 2018 and is based in Toronto, Canada.

How the Company Makes Money

Reklaim generates revenue through several key channels. Primarily, the company earns money by offering subscription-based services for individuals who want enhanced features on its data management platform. Additionally, Reklaim partners with businesses seeking to access aggregated consumer data for marketing and research purposes, charging them for analytics and insights derived from the data collected. This B2B revenue stream is bolstered by partnerships with various organizations that require compliance solutions, further enhancing their earnings. The company may also explore additional revenue opportunities through data monetization agreements and strategic collaborations with technology firms in the privacy sector.

Reklaim Ltd Financial Statement Overview

Summary

Reklaim Ltd displays strong revenue and free cash flow growth, indicating potential for turnaround. However, high leverage and declining profit margins suggest financial risk and operational challenges. While improvements in cash flow are promising, the high debt levels remain a concern.

Income Statement

Reklaim Ltd has demonstrated strong revenue growth, with the latest year showing a 23.55% increase compared to the previous year. The gross profit margin stands at 81.86%, indicating efficient cost management relative to revenue. However, the net profit margin decreased significantly from the previous year, dropping to 7.35% from 22.12%, suggesting challenges in maintaining profitability. While EBIT and EBITDA margins are positive, they have also decreased, highlighting pressure on operating efficiency.

Balance Sheet

The company has a high debt-to-equity ratio, indicating significant leverage risk, with total liabilities far exceeding stockholders' equity. This leverage could impact financial stability. Although equity improved compared to the previous year, it's still weak with an equity ratio of 13.25%, reflecting the company's reliance on debt financing. The ROE is 139.58%, driven by low equity, but it highlights potential volatility.

Cash Flow

Cash flow from operations improved significantly, reflecting better cash generation capabilities. Free cash flow turned positive, showing a growth rate of 335.01%, which is a promising sign of improving financial health. However, the operating cash flow to net income ratio is 0.60, indicating room for improvement in converting income into cash.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.08M	4.11M	2.36M	1.00M	177.84K
Gross Profit	4.16M	3.18M	-130.69K	-439.48K	-214.01K
EBITDA	353.16K	483.04K	-4.52M	-6.47M	-4.54M
Net Income	373.35K	909.73K	-4.19M	-6.32M	-4.65M
Balance Sheet
Total Assets	2.02M	1.45M	917.56K	1.08M	2.15M
Cash, Cash Equivalents and Short-Term Investments	587.72K	164.28K	244.46K	463.62K	1.52M
Total Debt	1.07M	961.68K	1.50M	42.21K	57.11K
Total Liabilities	1.75M	2.13M	3.48M	1.50M	905.65K
Stockholders Equity	267.45K	-680.69K	-2.56M	-420.31K	1.24M
Cash Flow
Free Cash Flow	213.34K	49.02K	-3.33M	-5.75M	-4.33M
Operating Cash Flow	223.62K	58.51K	-3.33M	-5.73M	-4.32M
Investing Cash Flow	-10.28K	-9.49K	4.45K	131.48K	233.81K
Financing Cash Flow	193.61K	-91.61K	3.06M	4.54M	3.15M

Reklaim Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.09
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MYID, the sentiment is Negative. The current price of 0.09 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.10, and below the 200-day MA of 0.09, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 39.27 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MYID.

Reklaim Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	¥238.13B	15.93	6.62%	2.46%	9.00%	-0.33%
IQ	68 Neutral	C$10.05M	50.00	2.54%	―	0.51%	-76.69%
RW	62 Neutral	C$16.69M	49.40	136.37%	―	16.92%	―
MYID	58 Neutral	C$11.38M	31.03	-79.02%	―	36.52%	-63.75%
WISH	56 Neutral	C$9.34M	―	-11.64%	―	-16.39%	36.90%
RIWI	48 Neutral	C$8.46M	―	-52.95%	―	40.07%	-83.90%
VQS	45 Neutral	C$11.09M	―	-417.39%	―	7.88%	56.99%

Reklaim Ltd Corporate Events

Reklaim Enhances Privacy Tools with Real-Time Alerts and Vermont Opt-Outs

Reklaim Ltd has introduced two new privacy tools for its Reklaim Protect subscribers, enhancing its U.S. privacy coverage. The new features, Breaking Breach Alerts and Vermont Data Broker Opt-Outs, allow users to respond swiftly to data breaches and opt-out of data sales in Vermont, a state known for strict data broker regulations. These updates reflect Reklaim’s ongoing commitment to advancing its privacy-first ecosystem, empowering consumers to control their personal data. The new tools are available at no additional cost, reinforcing Reklaim Protect’s position as an accessible consumer privacy solution.

Reklaim Expands Global Reach with New Privacy Product and U.S. Jackpot

Reklaim Ltd. has expanded its privacy subscription product, Protect, to a global audience, allowing consumers worldwide to access privacy tools to manage their personal data proactively. Additionally, the company has introduced a $10,000 monthly jackpot for U.S. Reklaim Rewards members, transforming data ownership into a more tangible and exciting opportunity. These initiatives are expected to enhance Reklaim’s market positioning by broadening its consumer base and increasing engagement with its data monetization services.

Reklaim Ltd. Strengthens Financial Position by Eliminating Debenture

Reklaim Ltd. has announced the elimination of its outstanding debenture, marking a significant milestone in its financial strategy. This move, achieved through the exercise of warrants, simplifies the company’s capital structure and enhances financial flexibility, positioning Reklaim for continued growth and alignment with long-term investors. The company has demonstrated strong financial performance with significant revenue growth and improved cash flow, further solidifying its market position.

Reklaim Enhances Privacy Service with California Opt-Outs and Family Protection

Reklaim Ltd. has announced an update to its privacy subscription service, Reklaim Protect, which now includes automatic data removal from California’s data broker registry, enterprise data platforms, and demand-side platforms. This enhancement strengthens Reklaim’s position in the data privacy industry by offering consumers more control over their personal information, reducing exposure to data brokers and advertisers, and extending protection to family members through features like family-wide monitoring and dark web breach alerts.

Reklaim Ltd Launches Innovative Shareholder Participation Program

Reklaim Ltd has launched Reklaim Invest, a groundbreaking program allowing Canadian users to redeem loyalty points for shares in the company, marking a strategic shift towards integrating users as long-term shareholders. This initiative aims to expand Reklaim’s retail shareholder base, increase user engagement, and reinforce its brand as a privacy-first alternative, while also laying the foundation for future fintech offerings.

Reklaim Ltd Achieves Record Revenue Growth and Launches New Privacy Service

Reklaim Ltd reported a 73% increase in revenue for Q1 2025 and launched a new subscription service, Reklaim Protect, which adds a high-margin recurring revenue stream. The company experienced significant growth in privacy-compliant data sales and expanded its platform integrations, positioning itself well amid tightening data privacy regulations. Reklaim’s dual-offering strategy caters to both privacy-conscious and data-monetization-minded consumers, enhancing its market positioning and appeal to stakeholders.