Red Violet builds proprietary technologies and apply analytical capabilities to deliver identity intelligence. Its technology powers critical solutions, which empower organizations to operate with confidence. Its solutions enable the real-time identification and location of people, businesses, assets and their interrelationships. These solutions are used for purposes including risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, and customer acquisition. Its intelligent platform, CORE™, is purpose-built for the enterprise, yet flexible enough for organizations of all sizes, bringing clarity to massive datasets by transforming data into intelligence. Its solutions are used today to enable frictionless commerce, to ensure safety, and to reduce fraud and the concomitant expense borne by society.
Company profile
Ticker
RDVT
Exchange
Website
CEO
Derek Dubner
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Microsoft • Oracle • Mobileye Global • Gen Digital • Activision Blizzard • BlackBerry • Vmware • Adobe • Ceridian HCM Holding • McAfee ...
SEC CIK
Corporate docs
Subsidiaries
IDI Holdings, LLC • Interactive Data, LLC • Red Violet Technologies, LLC • IDI Verified, LLC • Forewarn, LLC • Red Violet Blockchain and Analytical Solutions, LLC • Whoodle, LLC • HolSol, LLC ...
RDVT stock data
Latest filings (excl ownership)
8-K
Fourth Quarter Revenue Increased 16% to $13.1 Million Producing $4.4 Million of Cash Flow from Operations
9 Mar 23
10-K
2022 FY
Annual report
8 Mar 23
8-K
Record Revenue of $15.0 Million Drives Record Earnings of $0.16 Per Share
9 Nov 22
10-Q
2022 Q3
Quarterly report
7 Nov 22
8-K
Second Quarter Revenue Increases 15% to $12.5 Million Producing $2.5 Million in Cash Flow from Operations
10 Aug 22
10-Q
2022 Q2
Quarterly report
9 Aug 22
S-8
Registration of securities for employees
27 May 22
8-K
Departure of Directors or Certain Officers
26 May 22
8-K
Record Revenue of $12.7 Million Fuels Record Gross Profit and Positive EPS
6 May 22
10-Q
2022 Q1
Quarterly report
4 May 22
Transcripts
RDVT
Earnings call transcript
2022 Q4
8 Mar 23
RDVT
Earnings call transcript
2022 Q3
8 Nov 22
RDVT
Earnings call transcript
2022 Q2
13 Aug 22
RDVT
Earnings call transcript
2022 Q1
7 May 22
RDVT
Earnings call transcript
2021 Q4
10 Mar 22
RDVT
Earnings call transcript
2021 Q3
10 Nov 21
RDVT
Earnings call transcript
2021 Q2
12 Aug 21
RDVT
Earnings call transcript
2021 Q1
12 May 21
RDVT
Earnings call transcript
2020 Q4
11 Mar 21
RDVT
Earnings call transcript
2020 Q3
10 Nov 20
Latest ownership filings
SC 13G/A
Nantahala Capital Management, LLC
14 Feb 23
5
Derek Dubner
13 Feb 23
5
Daniel MacLachlan
13 Feb 23
SC 13G/A
Trigran Investments, Inc.
10 Feb 23
SC 13G
ASHFORD CAPITAL MANAGEMENT INC
8 Feb 23
SC 13G/A
Greater Miami Jewish Federation, Inc.
7 Feb 23
5
Michael Brauser
13 Jan 23
4
Change in insider ownership
16 Dec 22
4
JEFFREY ALAN DELL
8 Nov 22
4
Derek Dubner
8 Nov 22
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 31.81 mm | 31.81 mm | 31.81 mm | 31.81 mm | 31.81 mm | 31.81 mm |
| Cash burn (monthly) | (no burn) | 204.00 k | 639.00 k | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 605.82 k | 1.90 mm | n/a | n/a | n/a |
| Cash remaining | n/a | 31.20 mm | 29.91 mm | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 153.0 | 46.8 | n/a | n/a | n/a |
Institutional ownership, Q3 2022
17.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 54 |
| Opened positions | 5 |
| Closed positions | 11 |
| Increased positions | 25 |
| Reduced positions | 14 |
| 13F shares | Current |
|---|---|
| Total value | 192.92 mm |
| Total shares | 9.44 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Trigran Investments | 1.94 mm | $33.66 mm |
| Greater Miami Jewish Federation | 1.37 mm | $39.00 mm |
| Nantahala Capital Management | 1.28 mm | $22.16 mm |
| Superius Securities Group Inc Profit Sharing Plan | 599.37 k | $15.53 mm |
| BLK Blackrock | 595.15 k | $10.31 mm |
| WELLINGTON TRUST Co N A | 547.07 k | $14.28 mm |
| Vanguard | 481.89 k | $8.35 mm |
| Wellington Trust Company, National Association Multiple Common Trust Funds Trust, Micro Cap Equity Portfolio | 467.41 k | $12.20 mm |
| Wasatch Advisors | 388.63 k | $6.73 mm |
| AMP Ameriprise Financial | 366.10 k | $6.34 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 23 Dec 22 | Dubner Derek | Common Stock | Gift | Dispose G | No | No | 0 | 500 | 0.00 | 562,100 |
| 14 Dec 22 | Greater Miami Jewish Federation | Common Stock | Sell | Dispose S | No | No | 25.53 | 3,133 | 79.99 k | 1,360,228 |
| 14 Dec 22 | Greater Miami Jewish Federation | Common Stock | Sell | Dispose S | No | No | 24.82 | 6,867 | 170.44 k | 1,363,361 |
| 6 Dec 22 | MacLachlan Daniel | Common Stock | Gift | Dispose G | No | No | 0 | 1,700 | 0.00 | 369,013 |
| 8 Nov 22 | Brauser Michael | Common Stock | Grant | Acquire A | No | No | 0 | 10,000 | 0.00 | 955,092 |
| 4 Nov 22 | MacLachlan Daniel | Common Stock | Payment of exercise | Dispose F | No | No | 16.9 | 4,235 | 71.57 k | 370,713 |
| 4 Nov 22 | MacLachlan Daniel | Common Stock | Grant | Acquire A | No | No | 0 | 10,000 | 0.00 | 374,948 |
| 1 Mar 22 | Brauser Michael | Common Stock | Gift | Dispose G | No | No | 0 | 100,000 | 0.00 | 945,092 |