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Reklaim Surpasses $1.1M in Quarterly Revenue, Strengthening Data Privacy Leadership

Posted by Brittany McNabb at 10:20 AM on Tuesday, August 27th, 2024

In an era where data privacy concerns are at the forefront of public discourse, Reklaim Ltd. (TSXV: MYID) (OTC: MYIDF) continues to distinguish itself as a trailblazer. The company’s recent Q2 2024 earnings report, which revealed strong financial performance, underscores its significant impact on the data privacy industry. This article explores Reklaim’s achievements, its leadership in data privacy, and the broader implications for investors and the business community.

A Strong Quarter for Reklaim

Reklaim’s Q2 2024 results reflect the company’s ongoing success in the rapidly growing data privacy sector. The company reported a positive EBITDA of $154,290, marking a sustained trajectory of profitability. Additionally, Reklaim achieved record Q2 revenue of $1.1 million, representing a 5% year-over-year increase. This financial strength is further highlighted by a substantial improvement in cash flow, with year-to-date positive cash flow from operations reaching $258,350—an impressive leap from just $612 during the same period last year.

Reklaim: A Pioneer in Data Privacy

Founded on the principle of empowering consumers, Reklaim has positioned itself as a leader in the data privacy industry. In a world where personal data is often collected without explicit consent, Reklaim offers a platform that allows individuals to reclaim control over their information. The company’s commitment to transparency and compliance sets it apart, providing zero-party data solutions to Fortune 500 brands, platforms, and data companies.

At the core of Reklaim’s mission is the belief that individuals should have the power to view, manage, and even monetize their data. This approach not only aligns with growing consumer demand for privacy but also addresses the increasing regulatory pressures faced by companies in the data-driven economy. By offering a solution that benefits both consumers and businesses, Reklaim is driving a shift towards more ethical data practices.

Strategic Growth and Financial Resilience

Reklaim’s recent financial results are a testament to its strategic growth and operational excellence. The company’s ability to maintain robust gross margins of 80% demonstrates its efficiency and disciplined cost management. Furthermore, the 6% increase in Deals revenue for Q2 and a 31% year-to-date surge highlight Reklaim’s successful diversification of its revenue streams.

The Deals revenue stream, which combines Reklaim data with publisher inventory, has been a key driver of the company’s financial performance. This vertically integrated approach not only enhances Reklaim’s revenue base but also strengthens its financial resilience in a competitive market.

The Broader Impact on the Data Privacy Industry

Reklaim’s success is indicative of broader trends in the data privacy industry. As consumers become more aware of the value of their personal information, companies like Reklaim that prioritize privacy and consumer empowerment are poised for significant growth. The increasing adoption of privacy regulations worldwide further reinforces the importance of Reklaim’s business model.

By providing a platform that enables consumers to take control of their data, Reklaim is addressing a critical need in the market. This not only benefits individual users but also offers businesses a compliant and ethical way to access valuable data. As more companies recognize the importance of consumer trust, Reklaim’s solutions are likely to see increased demand.

Leadership and Vision

Neil Sweeney, Founder and CEO of Reklaim, has been a driving force behind the company’s vision. His leadership has been instrumental in steering Reklaim towards its current success. Commenting on the Q2 results, Sweeney stated, “Our performance this quarter is a testament to Reklaim’s strategic vision and our team’s focus on execution. We have diversified our revenue streams and strengthened our financial foundation, ensuring we are well-positioned for sustained growth. As we move forward, our commitment to empowering consumers and driving innovation remains stronger than ever.”

Reklaim’s Future in the Data Privacy Industry

As Reklaim continues to expand its AI privacy initiatives, the company is well-positioned to lead the data privacy revolution. Investors and the broader business community should take note of Reklaim’s achievements and its potential for future growth. 

In conclusion, Reklaim’s Q2 2024 results not only highlight its current success but also underscore its potential to shape the future of data privacy. As the company continues to innovate and expand, it remains at the forefront of an industry that is becoming increasingly vital in the digital age. 

YOUR NEXT STEPS 

Visit $MYID HUB On AGORACOM: https://agoracom.com/ir/Reklaim

Visit $MYID 5 Minute Research Profile On AGORACOM: https://agoracom.com/ir/Reklaim/profile

Visit $MYID Official Verified Discussion Forum On AGORACOM:

https://agoracom.com/ir/Reklaim/forums/discussion

Watch $MYID Videos On AGORACOM YouTube Channel:

https://youtube.com/playlist?list=PLfL457LW0vdLaU-UOlnzB-QpGh5-1Q14m&si=5gzKIcXMWMXZWsJo

DISCLAIMER AND DISCLOSURE 

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

 

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.  In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

 

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

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Posted in AGORACOM Client Feature, AGORACOM Sector Spotlight, AGORACOM Small Cap Stocks For Investment, AGORACOM Traffic, All Recent Posts, Reklaim | Comments Off on Reklaim Surpasses $1.1M in Quarterly Revenue, Strengthening Data Privacy Leadership

Why Reklaim’s Data Privacy Solutions Matter Now More Than Ever

Posted by Brittany McNabb at 3:52 PM on Friday, August 2nd, 2024

You’ve probably heard the expression “data is the new oil.” Well, data today is fueling an increasing number of businesses. Personalized customer experiences, automated marketing messaging, and science-driven insights all depend on the quality and volume of your information. Companies are eager to gather data, and understandably so. Legislators, on the other hand, are keen to protect the privacy and safety of individuals.

Data privacy is important because it safeguards personal integrity, promotes trust in digital interactions, and upholds the fundamental rights of individuals in an increasingly data-driven world.

Businesses often face challenges as they aim to comply with data privacy regulations like Europe’s General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA). These regulations demand strict access controls to protect sensitive personal data.

Industry Outlook and Reklaim’s Trajectory

The recent $1.4 billion settlement between Meta Platforms and Texas over unauthorized biometric data usage highlights the growing importance of data privacy. As tech giants face increasing scrutiny, companies like Reklaim are well-positioned to lead the industry toward more transparent and ethical data practices. Reklaim’s commitment to giving individuals control over their data aligns with these industry trends, making it a standout player in the market.

Voices of Authority

Texas Attorney General Ken Paxton’s statement about holding technology companies accountable underscores the industry’s shift toward stricter data privacy enforcement. Reklaim echoes this sentiment by ensuring its practices comply with regulations like GDPR and CCPA, positioning itself as a trustworthy partner in data privacy.

Reklaim’s FLASH Highlights

Reklaim has achieved significant milestones in the data privacy sector:

  • Data Reclamation: Allows users to manage and reclaim control over their personal data.
  • Monetization Opportunities: Users earn rewards by consenting to data use through Reklaim’s platform.
  • Compliance Tools: Helps businesses adhere to stringent data protection regulations.
  • Revenue Growth: Over $4 million in 2023 revenue, reflecting the growing demand for privacy-focused solutions.

Real-world Relevance

Reklaim’s contributions to the industry translate into tangible benefits for consumers and businesses. By enabling individuals to control their data and offering monetization opportunities, Reklaim builds trust and empowers users. For businesses, Reklaim provides tools to navigate the complex regulatory landscape, ensuring compliance and enhancing their reputation.

Looking Ahead with Reklaim

Reklaim’s forward-looking goals include expanding its platform’s capabilities and reaching more users globally. As data privacy regulations continue to evolve, Reklaim is poised to adapt and innovate, ensuring it remains at the forefront of the industry. The positive industry forecast, coupled with Reklaim’s strategic direction, suggests a promising future for the company.

Conclusion

Reklaim stands out as a compelling participant in the data privacy industry’s growth narrative. By prioritizing data privacy and offering innovative solutions, Reklaim supports both individuals and businesses in navigating the complexities of the digital landscape responsibly. For those looking to engage with a forward-thinking company in the data privacy sector, Reklaim presents a compelling opportunity.

Source: https://www.reuters.com/technology/cybersecurity/meta-platforms-pay-14-bln-settle-texas-lawsuit-over-facial-recognition-data-2024-07-30/

 

YOUR NEXT STEPS 

Visit $MYID HUB On AGORACOM: https://agoracom.com/ir/Reklaim

Visit $MYID 5 Minute Research Profile On AGORACOM: https://agoracom.com/ir/Reklaim/profile

Visit $MYID Official Verified Discussion Forum On AGORACOM:

https://agoracom.com/ir/Reklaim/forums/discussion

Watch $MYID Videos On AGORACOM YouTube Channel:

https://youtube.com/playlist?list=PLfL457LW0vdLaU-UOlnzB-QpGh5-1Q14m&si=5gzKIcXMWMXZWsJo

 

DISCLAIMER AND DISCLOSURE 

 

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

 

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.  In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

 

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

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Can Reklaim Help You Monetize and Protect Your Data?

Posted by Brittany McNabb at 3:30 PM on Wednesday, July 24th, 2024

Introduction:

In today’s data-driven world, the phrase “data is the new oil” has never been more pertinent. Data fuels countless businesses, from personalized customer experiences to automated marketing and science-driven insights. However, with this surge in data collection comes a growing concern for data privacy. Legislators are increasingly focused on protecting individual privacy and safety, presenting challenges for businesses to comply with data protection regulations like GDPR and CCPA. This article delves into the importance of data privacy and how Reklaim Ltd. (MYID) is at the forefront of helping individuals reclaim control over their personal information while fostering trust and innovation.

Industry Outlook and Reklaim’s Trajectory:

Data privacy is paramount in safeguarding personal integrity, promoting trust in digital interactions, and upholding fundamental rights in a data-driven world. As companies strive to comply with regulations like GDPR and CCPA, they face the challenge of implementing strict access controls to protect sensitive personal data. Reklaim Ltd. has positioned itself within this trajectory by offering privacy-compliant consumer data solutions to brands, agencies, and technology platforms. Reklaim’s platform allows consumers to sign up, consent to share their data directly with brands, and receive compensation in return.

Voices of Authority:

Industry leaders emphasize the importance of data privacy. “Data privacy is not just about protection; it also fuels innovation,” notes a prominent figure in data security. This sentiment resonates with Reklaim’s mission, as the company empowers individuals to manage and reclaim control over their personal data. Reklaim’s commitment to transparent data practices and robust security measures aligns with the industry’s direction towards responsible data management.

Reklaim’s Highlights:

Reklaim Ltd. has achieved significant milestones, reinforcing its position as a leader in data privacy. With over $4 million in revenue in 2023, Reklaim has demonstrated its ability to monetize data while ensuring compliance with stringent data protection regulations. Key achievements include:

  • Higher Margins & Increased Cash Flow: Gross margins increased to 82% from 71% in Q1 2023, with positive cash flow from operations reaching $463,645.
  • Revenue Growth: Reklaim has consistently grown its revenue, reflecting its effective business model and consumer trust.
  • Consumer Empowerment: Through its innovative platform, Reklaim enables users to manage and monetize their data, providing clear insights into data collection, use, and sharing.

Real-world Relevance:

Reklaim’s contributions to data privacy translate into tangible benefits for individuals and businesses alike. For consumers, Reklaim’s platform offers control over personal information, allowing them to decide how their data is used and earn rewards for sharing it. For businesses, Reklaim ensures compliance with data protection laws, reducing risks of financial loss and reputational damage. By prioritizing data privacy, Reklaim helps build trust between consumers and businesses, fostering stronger relationships and enhancing brand reputation.

Looking Ahead with Reklaim:

Reklaim’s forward-looking goals are aligned with the optimistic industry forecast for data privacy. As more businesses recognize the importance of protecting personal information, Reklaim is poised for sustained growth. The company continues to innovate, offering educational resources to users and businesses on data privacy’s significance. Reklaim’s commitment to ethical data practices and robust security measures ensures it remains a key player in navigating the complexities of the digital landscape.

Conclusion:

In summary, data privacy is essential for protecting personal information, establishing trust, complying with regulations, maintaining ethical practices, driving innovation, and preserving individual autonomy. Reklaim Ltd. (MYID) stands out as a compelling participant in this industry’s growth narrative. By empowering individuals to take control of their data and offering tools for secure data management, Reklaim supports both consumers and businesses in navigating the complexities of the digital age responsibly. As the data privacy landscape evolves, Reklaim’s innovative solutions and commitment to transparency position it as a leader in the field, making it a company worth watching in the years to come.

YOUR NEXT STEPS 

Visit $MYID HUB On AGORACOM: https://agoracom.com/ir/Reklaim

Visit $MYID 5 Minute Research Profile On AGORACOM: https://agoracom.com/ir/Reklaim/profile

Visit $MYID Official Verified Discussion Forum On AGORACOM:

https://agoracom.com/ir/Reklaim/forums/discussion

Watch $MYID Videos On AGORACOM YouTube Channel:

https://youtube.com/playlist?list=PLfL457LW0vdLaU-UOlnzB-QpGh5-1Q14m&si=5gzKIcXMWMXZWsJo

DISCLAIMER AND DISCLOSURE

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.  In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

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Posted in AGORACOM Client Feature, AGORACOM Sector Spotlight, AGORACOM Small Cap Stocks For Investment, AGORACOM Traffic, All Recent Posts, Reklaim | Comments Off on Can Reklaim Help You Monetize and Protect Your Data?

Protecting Your Privacy in the Digital Age: How Reklaim Ltd. Leads the Charge

Posted by Brittany McNabb at 2:31 PM on Wednesday, July 10th, 2024

In today’s interconnected world, where digital footprints can be as revealing as fingerprints, safeguarding personal data has never been more critical. Data privacy isn’t just about protecting sensitive information; it’s about preserving trust, ensuring legal compliance, and fostering innovation while respecting individual rights. Here’s why it matters, and how Reklaim Ltd. (MYID) is at the forefront of this essential movement.

Why Data Privacy Matters

  • Protection from Identity Theft: Data breaches can expose personal information to malicious actors, leading to identity theft and financial fraud.
  • Building Trust: Consumers expect businesses to handle their data responsibly. By safeguarding sensitive information, companies can build and maintain trust.
  • Legal Compliance: Stringent data protection laws like GDPR and CCPA require businesses to handle personal data with care, or face significant fines and penalties.
  • Preventing Financial Loss: Secure data practices reduce the risks of financial fraud and cyber attacks, protecting individuals and businesses alike.
  • Enhancing Customer Relationships: Prioritizing data privacy demonstrates a commitment to customer welfare, enhancing brand reputation and loyalty.
  • Control Over Personal Information: Individuals deserve control over how their data is collected, used, and shared, empowering them to make informed choices.
  • Avoiding Discrimination: Protecting sensitive attributes such as race, religion, or health status helps minimize risks of discriminatory practices.
  • Promoting Innovation: Responsible data practices foster innovation by encouraging the development of new technologies and services that respect privacy.
  • Securing Confidential Information: Protecting proprietary business data from competitors and hackers ensures business continuity and competitive advantage.
  • Respecting Individual Rights: Upholding privacy rights is essential in upholding individual autonomy and dignity in the digital age.

Reklaim Ltd.’s Role in Data Privacy

At the heart of data privacy solutions stands Reklaim Ltd. (MYID), a pioneering company dedicated to empowering individuals and businesses through innovative data management solutions.

Data Reclamation: Reklaim enables users to reclaim control over their personal data, allowing them to manage and protect their information effectively.

Monetization Opportunities: Through Reklaim’s platform, users can earn rewards by consenting to the use of their data, turning privacy into a mutually beneficial interaction.

Compliance Tools: Reklaim provides businesses with robust tools to navigate and comply with complex data protection regulations like GDPR and CCPA, ensuring legal adherence and avoiding penalties.

Transparent Data Practices: Transparency is key. Reklaim offers clear insights into how user data is collected, used, and shared, fostering trust and accountability.

Enhanced Security Measures: Implementing state-of-the-art security protocols, Reklaim safeguards user information against breaches, ensuring data integrity and confidentiality.

Educational Resources: Beyond tools, Reklaim educates users and businesses alike on the importance of data privacy, empowering them with knowledge to make informed decisions.

By prioritizing data privacy and offering comprehensive tools for secure data management, Reklaim Ltd. (MYID) not only meets the demands of a digitally savvy world but sets the standard for responsible data stewardship. Whether individuals are looking to reclaim control over their data or businesses are aiming for compliance and trust, Reklaim Ltd. is their partner in navigating the complexities of the digital landscape securely and responsibly.

Protect your data with Reklaim Ltd. (MYID) and join the movement towards a safer, more privacy-conscious future.

YOUR NEXT STEPS 

Visit $MYID HUB On AGORACOM: https://agoracom.com/ir/Reklaim

Visit $MYID 5 Minute Research Profile On AGORACOM: https://agoracom.com/ir/Reklaim/profile

Visit $MYID Official Verified Discussion Forum On AGORACOM:

https://agoracom.com/ir/Reklaim/forums/discussion

Watch $MYID Videos On AGORACOM YouTube Channel:

https://youtube.com/playlist?list=PLfL457LW0vdLaU-UOlnzB-QpGh5-1Q14m&si=5gzKIcXMWMXZWsJo

DISCLAIMER AND DISCLOSURE 

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.  In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

 

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

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Posted in AGORACOM Client Feature, AGORACOM Sector Spotlight, AGORACOM Small Cap Stocks For Investment, AGORACOM Traffic, All Recent Posts, Reklaim | Comments Off on Protecting Your Privacy in the Digital Age: How Reklaim Ltd. Leads the Charge

Reklaim – Pioneering Data Privacy for the Digital Age

Posted by Brittany McNabb at 2:15 PM on Monday, June 17th, 2024

Who is Reklaim Ltd.?

Reklaim Ltd. is a trailblazing company in the data privacy industry, dedicated to empowering consumers to reclaim control over their personal data. In a digital world where data privacy has become a paramount concern, Reklaim stands out by offering a platform that enables individuals to view, manage, and monetize their data. Reklaim has positioned itself as a leader in providing zero-party data solutions to Fortune 500 brands, platforms, and data companies.

Major Milestones

Reklaim Ltd. has achieved several significant milestones that underscore its commitment to innovation and growth. One of the most notable achievements came in 2023, when the company reported an impressive 74% year-over-year revenue growth, reaching $4,111,927 compared to $2,361,110 in 2022. This remarkable financial turnaround was further highlighted by a substantial profit of $872,139 for 2023, a stark contrast to the loss of $4,147,069 in 2022.

Additionally, Reklaim’s gross margins surged to 77% in 2023, up from -6% in the previous year. The company also demonstrated consistent growth in cash flow from operations, reaching $58,513 in 2023, compared to a deficit of $3,331,098 in 2022. These financial achievements reflect Reklaim’s strategic focus and operational efficiency, setting the stage for continued success.

Big Company Highlights

Reklaim Ltd. has consistently delivered impressive quarterly results, solidifying its reputation as a market leader in data privacy. In Q1 2024, the company reported improved gross margins of 82%, up from 71% in Q1 2023. Positive cash flow from operations reached $463,645, an increase of $595,814 over the same period the previous year. Furthermore, Reklaim’s cash position rose to $554,618 as of March 31, 2024, compared to $57,806 on March 31, 2023.

Another significant highlight is the strategic evolution of Reklaim’s business model. The company has seen substantial growth in its “Deals” revenue stream, which involves pairing Reklaim data with publisher inventory in a vertically integrated buy. This diversification not only strengthens Reklaim’s revenue base but also positions the company for accelerated growth in the future.

Making a Difference

Reklaim Ltd. is making a tangible difference in the data privacy landscape by empowering consumers to reclaim control over their data. The company’s platform allows users to view and manage the information collected about them, ensuring transparency and control over personal data. By enabling individuals to monetize their data, Reklaim addresses a fundamental need in today’s digital age, where data privacy is often compromised.

The company’s commitment to data privacy is further highlighted by its response to increasing regulatory scrutiny. As governments around the world enforce stringent data protection laws, Reklaim’s zero-party data solutions provide a compliant and secure way for businesses to access consumer data. This approach not only protects consumers but also helps businesses navigate the complex landscape of data privacy regulations.

The Future of Reklaim Ltd.

Reklaim Ltd. is poised for a bright future, driven by its strategic focus on innovation, growth, and operational excellence. The company’s impressive financial performance, innovative solutions, and commitment to data privacy position it as a leader in the industry. As the demand for data privacy solutions continues to grow, Reklaim is well-positioned to capitalize on emerging opportunities and deliver value to its stakeholders.

Founder & CEO Neil Sweeney has expressed confidence in the company’s strategic direction and operational achievements, stating, “Our focus on enhancing operational efficiencies and cost controls has significantly improved our financial performance. We remain committed to empowering consumers to reclaim their data and driving innovation in our platform to serve our users and stakeholders better. We continue to uphold our goals of growth and profitability in 2024.”

In conclusion, Reklaim Ltd.’s achievements and strategic direction make it a compelling participant in the data privacy industry’s growth narrative. With strong financial performance, innovative solutions, and a commitment to consumer data protection, Reklaim is set to play a significant role in shaping the future of data privacy.

 YOUR NEXT STEPS

Visit $MYID HUB On AGORACOM: https://agoracom.com/ir/Reklaim

Visit $MYID 5 Minute Research Profile On AGORACOM: https://agoracom.com/ir/Reklaim/profile

Visit $MYID Official Verified Discussion Forum On AGORACOM:

https://agoracom.com/ir/Reklaim/forums/discussion

Watch $MYID Videos On AGORACOM YouTube Channel:

https://youtube.com/playlist?list=PLfL457LW0vdLaU-UOlnzB-QpGh5-1Q14m&si=5gzKIcXMWMXZWsJo

DISCLAIMER AND DISCLOSURE

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.  In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

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Posted in AGORACOM Client Feature, AGORACOM Sector Spotlight, AGORACOM Small Cap Stocks For Investment, AGORACOM Traffic, All Recent Posts, Reklaim | Comments Off on Reklaim – Pioneering Data Privacy for the Digital Age

Reklaim Ltd. Positions for Growth Amidst Industry Challenges

Posted by Brittany McNabb at 11:18 AM on Friday, March 22nd, 2024

Introduction:

In the ever-evolving landscape of digital security, recent events have highlighted the pressing need for robust data protection measures. With a significant uptick in malware campaigns targeting vulnerable websites, the importance of safeguarding user data has never been more apparent. Amidst these challenges, Reklaim Ltd., a pioneering force in data privacy, stands out as a beacon of reliability and innovation.

Industry Outlook and Reklaim Trajectory

As data threats continue to proliferate, the demand for comprehensive data protection solutions has reached new heights. Against this backdrop, Reklaim emerges as a trailblazer, offering cutting-edge technologies and proactive strategies to mitigate risks and fortify digital defenses.

Reklaim Highlights

  • In a testament to its commitment to excellence, Reklaim recently announced its Q3-2023 financial results, reporting a remarkable revenue of $923,966, marking a significant 52% increase compared to the same period last year.
  • The company’s steady profitability and robust growth trajectory underscore its resilience and efficacy in navigating complex market dynamics.
  • With a focus on empowering consumers and enhancing transparency, Reklaim continues to innovate and expand its suite of data privacy solutions, positioning itself as a trusted partner for businesses and individuals alike.

Real-world Relevance

In the wake of escalating cybersecurity threats, Reklaim’s innovative approach to data protection offers a ray of hope for businesses seeking to safeguard their digital assets. By providing consumers with greater control over their data and implementing stringent security protocols, Reklaim is reshaping the digital landscape and fostering a culture of trust and transparency.

Looking Ahead with Reklaim

Looking ahead, Reklaim remains steadfast in its commitment to driving positive change and advancing the cause of data privacy. With a forward-thinking vision and a focus on innovation, the company is poised to continue its upward trajectory, delivering value to shareholders and stakeholders alike.

Conclusion:

As the digital ecosystem evolves, Reklaim’s unwavering dedication to data security and privacy positions it as a leader in the field. With a proven track record of success and a clear vision for the future, Reklaim is poised to redefine the standards of data protection and shape the future of cybersecurity.

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This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.  In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

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Google Settlement Highlights Growing Importance of Data Privacy: How Reklaim Leads the Charge

Posted by Brittany McNabb at 11:18 AM on Wednesday, February 7th, 2024

Introduction:

In a landmark settlement, Google has agreed to pay $350 million to settle a lawsuit related to data privacy concerns, underscoring the escalating importance of safeguarding personal information.

This development not only highlights the need for robust data protection measures but also positions companies like Reklaim at the forefront of the privacy revolution. As the industry shifts towards greater transparency and accountability, Reklaim’s innovative approach and recent achievements take center stage.

Industry Outlook and Reklaim’s Trajectory:

  • The Google settlement emphasizes the growing emphasis on data privacy in the industry.
  • Reklaim’s trajectory aligns with this trend, providing user-centric data management solutions.
  • As data privacy regulations evolve, Reklaim stands out as a proactive industry leader.

Voices of Authority:

  • Industry leaders stress the critical nature of data privacy, reflecting on Google’s settlement.
  • Reklaim’s commitment to empowering users aligns with these sentiments.
  • Quotes highlight the shared vision of industry leaders and Reklaim in prioritizing data protection.

Reklaim’s Highlights:

  • Reklaim’s recent milestones include a Q3-2023 revenue of $923,966, up 52% compared to Q3-2022.
  • The company’s focus on user-controlled data and robust privacy measures distinguishes it.
  • With a 136% year-over-year growth and significant clients like Microsoft and T-Mobile, Reklaim solidifies its position.

Real-world Relevance:

Google’s data privacy issues led to a substantial market value loss, emphasizing the real-world impact of breaches. Reklaim’s solutions become critical tools for enhancing data protection and rebuilding consumer trust. Connecting the Google settlement to broader privacy concerns reinforces the urgency of Reklaim’s mission.

Looking Ahead with Reklaim:

Reklaim’s future prospects are promising as data privacy becomes a central concern. Strategic initiatives, including reducing external capital needs and achieving positive cash flow, position Reklaim for sustained growth. 

Source: https://www.reuters.com/legal/google-pay-350-million-revolve-shareholders-data-privacy-lawsuit-2024-02-06/ 

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This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.  In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

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Shaping Tomorrow: How Reklaim Rides the Positive Wave in Data Empowerment

Posted by Brittany McNabb at 10:05 AM on Tuesday, November 14th, 2023

 

In the ever-evolving landscape of data privacy, recent developments have sparked optimism in the industry. The European Data Protection Board (EDPB) has issued an urgent binding decision, heralding a new era in personal data processing for behavioral advertising. As industry dynamics shift, this macro-level article serves as a lens through which we explore the implications for Reklaim, a pioneering force in reshaping data ownership.

Industry Outlook and Reklaim’s Trajectory

Amid the regulatory currents, the data empowerment industry finds itself at a crossroads. Reklaim, standing at the forefront, has strategically positioned itself to navigate this evolving landscape. With a consumer-centric approach and emphasis on data ownership, the company aligns seamlessly with the positive industry trends outlined in the EDPB’s recent decision.

Voices of Authority

Industry leaders echo sentiments that resonate with Reklaim’s strategic direction. EDPB Chair Anu Talus’s insistence on compliance and lawful processing mirrors Reklaim’s commitment to putting control back into the hands of consumers. Such authoritative voices underline the significance of Reklaim’s mission in the broader industry narrative.

Reklaim’s Highlights

Reklaim’s recent achievements, encapsulated in the highlights, take on heightened relevance in the wake of industry advancements. The company’s record FY2022 results, 9-month 2023 revenue of $2,695,697 up 64% year over year, consecutive profitable quarters, and an impressive debt reduction initiative underscore its resilience and strategic acumen. As the industry adapts, Reklaim stands as a beacon of innovation and consumer empowerment.

Reklaim’s contributions to the industry transcend the digital realm, creating tangible impacts. Analogous to the urgent binding decision, where Meta is urged to comply, Reklaim has consistently demonstrated its commitment to privacy compliance. Consumers, like those empowered by Reklaim, are increasingly demanding control over their data, aligning seamlessly with the industry’s shift toward lawful and ethical processing.

Looking Ahead with Reklaim

The future holds promise for Reklaim as it continues to lead in reshaping the data landscape. The company’s forward-looking goals, including exclusive perks for VIP users and a transparent wallet feature, align with the positive trajectory outlined by the EDPB. Reklaim’s commitment to reducing external capital reliance and achieving positive cash flow growth positions it as a compelling player in the industry’s narrative.

In a landscape defined by change, Reklaim emerges not only as a participant but a key influencer in the industry’s growth narrative. The alignment with positive industry trends, coupled with a track record of achievements, makes Reklaim a company worth exploring further. For investors seeking not just innovation but a driving force in the evolving data landscape, Reklaim stands as a promising contender.

https://edpb.europa.eu/news/news/2023/edpb-urgent-binding-decision-processing-personal-data-behavioural-advertising-meta_en

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DISCLAIMER AND DISCLOSURE

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.  In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

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Reklaim Ltd. Demonstrates Financial Resilience with 39% Debt Reduction in Fiscal 2023

Posted by Brittany McNabb at 8:49 AM on Tuesday, October 24th, 2023

 

 Reklaim Ltd. (TSXV: MYID) (OTC: MYIDF), the industry leader in empowering consumers with direct control over their data, has successfully executed a strategic debt conversion initiative. This move has led to a notable 39% reduction in the company’s outstanding debt throughout fiscal year 2023, all while maintaining a steadfast profitability stance.

Under this initiative, Reklaim has proactively addressed outstanding indebtedness, opting to issue 1,250,000 Common Shares of the Company at a deemed price of $0.08 per Common Share, in turn satisfying an existing debt of $100,000. This calculated approach is aligned with the closing trading price of the Company’s listed shares on the TSX-V, as of October 20, 2023.

The Debt Settlement strategy not only signifies the company’s commitment to fiscal responsibility but also illustrates a prudent method of optimizing its capital structure. This endeavor reflects Reklaim’s dedication to creating enduring value for its shareholders.

Importantly, all securities issued as part of this transaction are bound by a statutory hold period of four months plus one day from the issue date, ensuring regulatory compliance and market stability. Notably, this issuance will not result in the formation of a new Control Person for the Company.

This strategic move is subject to final approval by the TSX, marking a significant milestone in Reklaim Ltd.’s journey towards financial stability and sustainable growth.

View Original Release: https://www.investors.reklaimyours.com/press/reklaim-announces-results-of-annual-general-and-special-shareholders-meeting-3pm4s

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