RIWI Corp (RIWI) AI Stock Analysis

• Market Cap: C$5.89M
• Dividend Yield: N/A
• Average Volume (3M): 2.52K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.11
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -0.01
• Shares Outstanding: 18,404,428
• 10 Day Avg. Volume: 3,204
• 30 Day Avg. Volume: 2,518
• PEG Ratio: 10.34
• Price to Book (P/B): 3.62
• Price to Sales (P/S): 1.44
• P/FCF Ratio: -14.00
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 44 Neutral
• Price Target: C$0.31 ▼(-46.55% Downside)

The score is primarily held down by weak financial performance (ongoing losses, negative cash flow, and eroding equity). Technicals also reflect a bearish trend despite near-oversold signals. Offsetting these, recent corporate updates indicate stronger Q3 growth, cost actions, and early profitability progress (adjusted EBITDA), but not yet enough to overcome the broader financial pressures.

Positive Factors

Proprietary data-collection advantage

RIWI’s proprietary RDIT gives it a durable, hard-to-replicate data-collection capability that supports global, real-time insights for commercial and public-sector clients. That structural differentiation improves long-term client retention, defensibility, and potential pricing power.

Operational progress and customer wins

Recent Q3 execution—strong YoY revenue growth, positive adjusted EBITDA for September, cost savings, 39 signed contracts (9 new) and platform enhancements—indicates improving go-to-market efficiency and product-market fit. If sustained, this drives scalable recurring revenue and margin recovery.

Consistent top-line expansion

Steady TTM revenue growth (~6.3%) despite macro and execution noise suggests demand for RIWI’s analytics and recurring services. Ongoing subscription/contract revenue supports durability: continued growth enables fixed-cost absorption and creates a path to sustainable margins if unit economics improve.

Negative Factors

Negative cash flow / cash burn

Persistent negative operating and free cash flow (~-0.89M TTM) erodes runway and increases reliance on financing or rapid margin improvement. Structural cash burn limits the company’s ability to invest in growth initiatives and creates risk of dilution or constrained strategic flexibility if losses continue.

Weak profitability and margin structure

Low gross margins (~23%) combined with large negative operating and net margins indicate the business has not yet achieved scalable unit economics. Structural margin weakness constrains reinvestment, makes profitability sensitive to pricing or cost pressures, and prolongs dependence on external capital.

Eroding equity base and moderate leverage

Moderate leverage and declining equity amplify solvency and financing risk: debt (~1.59M) vs reduced equity (~1.39M) narrows the cushion against further losses, limits borrowing capacity, and raises likelihood of future dilution or restrictive covenants if operational improvements do not restore retained earnings.

RIWI Corp Business Overview & Revenue Model

Company Description

RIWI Corp (RIWI) is a global data and analytics company that operates within the technology and data sectors. It specializes in collecting and analyzing real-time data from the web to deliver actionable insights to businesses, governments, and organizations worldwide. RIWI's core services include providing continuous and accurate data on consumer and citizen sentiment, market trends, and potential risks, enabling clients to make informed decisions in rapidly changing environments.

How the Company Makes Money

RIWI Corp generates revenue primarily through subscription-based services and customized data solutions for its clients. The company offers ongoing data collection and analytics services, allowing clients to access real-time insights on various topics of interest. Key revenue streams include contracts with governmental agencies, non-governmental organizations, and private enterprises seeking to understand public opinion, market conditions, and emerging global trends. Additionally, RIWI may engage in partnerships with other data or research firms to expand its service offerings and reach, although specific partnerships are not detailed here. The company's ability to provide accurate, wide-reaching data without relying on traditional survey methods is a significant factor contributing to its earnings.

RIWI Corp Financial Statement Overview

Summary

Revenue is growing (TTM +6.33% to ~6.4M), but profitability and cash flow are weak: gross margin ~23%, EBIT margin ~-20%, net margin ~-23%, and both operating cash flow and free cash flow are ~-0.89M. Balance sheet leverage is moderate (debt-to-equity ~0.81), but equity has declined, reducing financial flexibility.

Income Statement

TTM (Trailing-Twelve-Months) revenue grew 6.33% to ~6.4M, showing continued top-line expansion versus prior annual periods. However, profitability remains weak: TTM gross margin is ~23% and operating profitability is negative (EBIT margin ~-20%), with a net loss of ~1.26M (net margin ~-23%). Compared with 2024, losses widened and margins compressed, indicating the business has not yet translated growth into sustainable earnings.

Balance Sheet

The balance sheet shows moderate leverage in TTM (Trailing-Twelve-Months), with debt of ~1.59M against equity of ~1.39M (debt-to-equity ~0.81). Equity has declined materially versus prior years (e.g., 2024 equity ~2.04M), consistent with ongoing losses, and returns on equity are deeply negative. While leverage is not extreme, the shrinking equity base and rising debt load increase financial risk if profitability does not improve.

Cash Flow

Cash generation is currently a key pressure point: TTM (Trailing-Twelve-Months) operating cash flow is ~-0.89M and free cash flow is ~-0.89M, indicating cash burn. While free cash flow growth is reported as positive, the absolute level remains negative and has deteriorated versus 2024 (also negative) and 2023 (positive). This pattern suggests the company may need tighter cost control or additional funding if negative cash flow persists.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.42M	5.14M	4.18M	2.79M	4.14M	4.58M
Gross Profit	863.52K	1.45M	2.10M	2.79M	2.69M	3.60M
EBITDA	-810.90K	-570.03K	-594.33K	-1.53M	-591.06K	985.63K
Net Income	-1.26M	-806.57K	-813.34K	-1.69M	-540.57K	656.53K
Balance Sheet
Total Assets	4.44M	6.33M	4.07M	3.85M	5.04M	5.48M
Cash, Cash Equivalents and Short-Term Investments	737.71K	1.85M	3.09M	2.35M	4.25M	4.06M
Total Debt	1.59M	1.03M	0.00	22.02K	71.80K	118.69K
Total Liabilities	3.05M	4.29M	1.38M	699.27K	463.61K	566.04K
Stockholders Equity	1.39M	2.04M	2.69M	3.15M	4.58M	4.91M
Cash Flow
Free Cash Flow	-886.56K	-527.16K	672.90K	-1.48M	246.43K	952.00K
Operating Cash Flow	-885.19K	-523.88K	676.09K	-1.48M	258.99K	957.01K
Investing Cash Flow	-1.90M	-1.52M	90.73K	-381.34K	-11.31K	16.44K
Financing Cash Flow	1.42M	845.34K	-17.30K	-49.78K	-52.73K	37.74K

RIWI Corp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.58
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RIWI, the sentiment is Negative. The current price of 0.58 is above the 20-day moving average (MA) of 0.35, above the 50-day MA of 0.39, and above the 200-day MA of 0.47, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 32.25 is Neutral, neither overbought nor oversold. The STOCH value of 4.17 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:RIWI.

RIWI Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
IAI	45 Neutral	C$4.88M	-5.15	―	―	0.22%	-1.49%
RIWI	44 Neutral	C$5.89M	―	―	―	―	―
MYID	42 Neutral	C$5.22M	-9.30	-733.14%	―	14.65%	-304.76%
ALY	41 Neutral	C$2.43M	2.72	40.00%	―	11.29%	―

RIWI Corp Corporate Events

RIWI Corp Reports Q3 2025 Financial Growth and Strategic Enhancements

RIWI Corp reported a significant 36.1% increase in revenue for Q3 2025 compared to the same period last year, reaching $1,441,366. Despite a net loss of $247,230, the company’s Cost Savings Plan, which includes salary reductions and performance-based incentives, has positively impacted its financials, resulting in a positive adjusted EBITDA of $32,894 for September. The company also signed 39 customer contracts, including 9 new clients, and released several platform enhancements aimed at improving customer acquisition and retention. RIWI’s efforts to build its brand and increase market awareness were highlighted by its participation in key industry events and conferences.