Reklaim Ltd (MYID) AI Stock Analysis

• Market Cap: $11.67M
• Dividend Yield: N/A
• Average Volume (3M): 119.34K
• Price to Earnings (P/E): 45.0
• Beta (1Y): 1.37
• Revenue Growth: 39.45%
• EPS Growth: -56.52%
• Country: CA
• Employees: 1
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): N/A
• Shares Outstanding: 129,702,470
• 10 Day Avg. Volume: 252,162
• 30 Day Avg. Volume: 119,340
• PEG Ratio: -0.51
• Price to Book (P/B): 44.08
• Price to Sales (P/S): 2.32
• P/FCF Ratio: 55.26
• Enterprise Value/Market Cap: 1.09
• Enterprise Value/Revenue: 2.18
• Enterprise Value/Gross Profit: 2.70
• Enterprise Value/Ebitda: 60.68
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: C$0.00 ▼(-100.00% Downside)

Reklaim Ltd's overall stock score is primarily influenced by its financial performance, which shows potential for improvement but is currently hindered by high leverage and declining profit margins. Technical analysis indicates a bearish trend, with weak momentum and oversold conditions. The high P/E ratio suggests overvaluation, further impacting the stock's attractiveness.

Positive Factors

Revenue Growth

Strong revenue growth indicates expanding market reach and effective business strategies, which are crucial for long-term success.

Cash Flow Improvement

Improved cash flow enhances financial flexibility and supports future investments and operations, contributing to business stability.

Gross Profit Margin

High gross profit margins suggest effective cost control and pricing power, supporting sustained profitability.

Negative Factors

High Leverage

High leverage can strain financial resources and increase risk, potentially impacting long-term financial stability.

Declining Profit Margins

Falling profit margins indicate challenges in maintaining profitability, which could affect future earnings and growth potential.

Balance Sheet Weakness

Weak equity position limits financial flexibility and increases vulnerability to economic downturns, affecting long-term resilience.

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 primarily through a data monetization model, where users can opt to share their personal data in exchange for compensation. The company collaborates with various businesses and advertisers who are interested in accessing anonymized data insights for targeted marketing and product development. Additionally, Reklaim may offer premium subscription services for enhanced data management features, providing another revenue stream. Strategic partnerships with tech firms and data analytics companies also contribute to its earnings by expanding its market reach and enhancing the value proposition offered to users.

Reklaim Ltd Financial Statement Overview

Summary

Reklaim Ltd shows positive revenue and free cash flow growth, indicating a potential turnaround. However, the company's high leverage and declining profit margins suggest financial risk and operational challenges. While the balance sheet remains a concern due to high debt levels, improvements in cash flow are promising for future stability.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.81M	5.08M	4.11M	2.36M	1.00M	177.84K
Gross Profit	4.70M	4.16M	3.18M	-130.69K	-439.48K	-214.01K
EBITDA	208.83K	353.16K	483.04K	-4.52M	-6.47M	-4.54M
Net Income	230.65K	373.35K	909.73K	-4.19M	-6.32M	-4.65M
Balance Sheet
Total Assets	1.52M	2.02M	1.45M	917.56K	1.08M	2.15M
Cash, Cash Equivalents and Short-Term Investments	418.85K	587.72K	164.28K	244.46K	463.62K	1.52M
Total Debt	193.33K	1.07M	961.68K	1.50M	42.21K	57.11K
Total Liabilities	734.63K	1.75M	2.13M	3.48M	1.50M	905.65K
Stockholders Equity	789.77K	267.45K	-680.69K	-2.56M	-420.31K	1.24M
Cash Flow
Free Cash Flow	-96.70K	213.34K	49.02K	-3.33M	-5.75M	-4.33M
Operating Cash Flow	-77.91K	223.62K	58.51K	-3.33M	-5.73M	-4.32M
Investing Cash Flow	-18.79K	-10.28K	-9.49K	4.45K	131.48K	233.81K
Financing Cash Flow	8.66K	193.61K	-91.61K	3.06M	4.54M	3.15M

Reklaim Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.08
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 0.08 is below the 20-day moving average (MA) of 0.08, below the 50-day MA of 0.09, and below the 200-day MA of 0.09, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.84 is Neutral, neither overbought nor oversold. The STOCH value of 75.00 is Neutral, 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
IQ	68 Neutral	C$15.10M	69.33	2.70%	―	4.42%	-53.42%
RW	62 Neutral	C$20.20M	81.15	446.71%	―	15.42%	―
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
WISH	54 Neutral	C$7.42M	-4.53	-27.39%	―	-31.03%	-67.36%
MYID	51 Neutral	$11.67M	45.00	218.27%	―	39.45%	-56.52%
VQS	50 Neutral	C$9.43M	-0.86	-9999.00%	―	-0.83%	-8.33%
RIWI	48 Neutral	C$8.28M	―	―	―	―	―

Reklaim Ltd Corporate Events

Reklaim Ltd. Secures $500,000 to Boost Data Privacy Platform

Reklaim Ltd. has completed a $500,000 non-brokered private placement of convertible debenture units to support the expansion of Reklaim Protect, a subscription platform for consumer data privacy. This financing aims to enhance the company’s market position amid growing demand for data security, allowing consumers to monitor and safeguard their personal data across the internet.

Reklaim Ltd. Appoints Former Norton Executive to Lead Reklaim Protect

Reklaim Ltd. has appointed Mark Thompson, former Head of Privacy Product Management at Norton, as Vice President of Product to lead its Reklaim Protect platform. Thompson’s extensive experience in consumer privacy products is expected to accelerate the platform’s expansion and innovation in consumer privacy protection, reinforcing Reklaim’s mission to empower consumers to control their data.

Reklaim Ltd. Reports Revenue Growth Amid Financial Challenges

Reklaim Ltd. is a company focused on consumer data and privacy, offering compliant, first-party data to brands and agencies, allowing consumers to control and monetize their personal data.

Reklaim Ltd Reports Robust Revenue Growth and Strategic Product Launches

Reklaim Ltd reported a 40% year-to-date revenue growth and an 18% increase in Q2 revenue compared to the previous year, alongside a strengthened cash position and debt elimination. The company launched new products such as Reklaim Protect and Reklaim Jackpot, which are expected to drive further consumer engagement and revenue. With regulatory changes in data privacy laws across the U.S., Reklaim is well-positioned to meet the growing demand for transparent data solutions. The company also advanced its Shares for Redemption program, linking consumer rewards to equity ownership, further differentiating itself in the marketplace.