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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

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: How This Innovator is Empowering You to Profit from Your Data

Posted by Brittany McNabb at 4:16 PM on Monday, July 8th, 2024

In an era where data privacy is increasingly paramount, Reklaim Ltd. stands out as a pioneering force empowering individuals to take control of their personal information. Since its inception, Reklaim has been dedicated to transforming how people view and manage their data, creating opportunities for users to benefit financially from the information they share online.

The Genesis of Reklaim Ltd.

Founded on the principle that individuals should have sovereignty over their personal data, Reklaim Ltd. was established to bridge the gap between data privacy and user empowerment. The company recognized a growing demand for transparency and control in the data marketplace, where individuals often felt powerless against the pervasive data collection practices of large corporations.

Reklaim’s mission is to provide a platform where consumers can access, manage, and even monetize their data. By doing so, Reklaim not only addresses privacy concerns but also turns personal data into a valuable asset for users.

Big Milestones and Achievements

Reklaim’s journey has been marked by significant milestones that reflect its growth and impact on the data privacy landscape. One of the most notable achievements came in Q4 2023, when the company recorded a revenue of $1.4 million. This marked a 97% increase compared to the same period in 2022, underscoring the company’s robust growth trajectory.

In 2023, Reklaim reported a remarkable 74% year-over-year revenue growth, reaching $4,111,927 compared to $2,361,110 in 2022. This surge in revenue was accompanied by a significant turnaround in profitability. Reklaim achieved a profit of $872,139 in 2023, a stark improvement from a loss of ($4,147,069) in the previous year. This $5,019,208 turnaround highlights the effectiveness of Reklaim’s strategic initiatives and operational efficiency.

Additionally, the company’s gross margins surged to 77% in 2023, reflecting an impressive 83% improvement compared to -6% in 2022. Reklaim also demonstrated consistent growth in cash flow from operations, reaching $58,513 in 2024 compared to -$3,331,098 in 2022. This significant enhancement of $3,389,611 showcases Reklaim’s commitment to sustainable growth and prudent financial management.

Empowering Users and Leading the Industry

Reklaim’s platform is designed to empower users by providing them with insights into the data collected about them and offering mechanisms to control and monetize this information. Users can view and manage their data through direct authorization, ensuring transparency and control over who accesses their personal information.

Moreover, Reklaim’s innovative approach includes compensating users for their data. By creating a Reklaim account, individuals can earn from the data they choose to share, turning what was once a passive activity into an active source of income. This model not only incentivizes users to take control of their data but also fosters a more ethical and transparent data marketplace.

Revenue Numbers and Projections

Reklaim’s financial performance is a testament to its successful business model and strategic execution. The company’s record-breaking Q4 2023 performance, coupled with its annual revenue growth, positions it well for sustained growth in the coming years. The increase in gross margins and cash flow from operations further solidifies Reklaim’s financial stability and growth potential.

Looking ahead, Reklaim is poised to maintain its growth trajectory in 2024. The company’s focus on operational efficiency, cost controls, and innovation will continue to drive its financial performance. As data privacy regulations become more stringent and consumer awareness of data rights increases, Reklaim is well-positioned to capitalize on these trends and expand its market presence.

Conclusion

Reklaim Ltd. has emerged as a trailblazer in the data privacy industry, empowering individuals to reclaim control over their personal information and monetize their data. From its inception to its impressive financial milestones, Reklaim has demonstrated a commitment to transparency, user empowerment, and sustainable growth. As the company continues to innovate and expand, it remains a compelling player in the evolving landscape of data privacy and consumer rights.

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: How This Innovator is Empowering You to Profit from Your Data

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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Reklaim Ltd. Aligns with Data Privacy Trends for 2024

Posted by Brittany McNabb at 5:14 PM on Wednesday, June 5th, 2024

Industry Outlook and Reklaim Ltd.’s Trajectory

The importance of data privacy has been on the rise, with governments enforcing stringent regulations like the GDPR and CCPA. Companies are adapting their business models to comply with these laws, ensuring data protection remains a top priority. As these trends continue, Reklaim Ltd., a leading platform empowering consumers to reclaim their data, is positioned to capitalize on these industry shifts. With its innovative approach to data privacy and robust financial performance, Reklaim stands out as a key player in the evolving landscape of consumer data protection.

Voices of Authority

Industry experts have highlighted the critical need for strong data protection measures. According to a recent report, violations of the GDPR alone cost companies over 2 billion euros in 2023. This growing enforcement of privacy regulations underscores the importance of companies like Reklaim, which prioritize consumer data protection. Founder & CEO Neil Sweeney emphasized, “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.”

Reklaim Ltd.’s FLASH Highlights

Reklaim Ltd. has achieved significant milestones, demonstrating its commitment to data privacy and financial growth: Q1-2024 includes: 

  • Gross margins increased to 82% from 71% in Q1 2023.
  • Positive cash flow from operations reached $463,645, up $595,814 from Q1 2023.
  • Cash position rose to $554,618 as of March 31, 2024, compared to $57,806 a year earlier.

These achievements reflect Reklaim’s effective cost controls, operational efficiencies, and strategic evolution in its business model. The company’s focus on integrating Reklaim data with publisher inventory has diversified its revenue streams and positioned it for accelerated growth.

Real-world Relevance

Reklaim Ltd.’s contributions to the data privacy industry have tangible impacts. For instance, the company’s platform allows consumers to view and manage their data, ensuring transparency and control over personal information. This aligns with the growing consumer awareness of privacy rights, as seen in the increasing exercise of Data Subject Access Rights (DSAR). By enabling users to reclaim control over their data, Reklaim addresses a fundamental need in today’s digital landscape.

Looking Ahead with Reklaim Ltd.

Reklaim Ltd. is poised for continued success in the dynamic data privacy market. The company’s focus on innovation and value creation ensures it remains at the forefront of industry developments. With plans to maintain full-year profitability and sustain a robust growth trajectory in 2024, Reklaim is well-positioned to capitalize on emerging opportunities. As the industry continues to evolve, Reklaim’s commitment to data privacy and operational excellence will drive its growth and success.

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. 

Source: https://www.forbes.com/sites/forbestechcouncil/2024/01/29/five-data-privacy-trends-to-watch-in-2024/?sh=2b02b3474225

 

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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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Unlocking the Future of Data Privacy: A Closer Look at Reklaim LTD

Posted by Brittany McNabb at 4:01 PM on Wednesday, May 22nd, 2024

Introduction: In today’s digital age, where data is often referred to as the new currency, concerns about privacy and control over personal information are at an all-time high. As a new investor navigating the complex world of small-cap companies, it’s essential to identify promising opportunities that not only offer financial growth but also align with ethical and innovative principles. Enter Reklaim LTD ($MYID), a company at the forefront of revolutionizing data privacy and empowering individuals to take control of their digital footprint.

Understanding the Company: Reklaim LTD, listed under the ticker symbol $MYID, is a pioneering technology company dedicated to reshaping the landscape of consumer data privacy. Founded on the principles of transparency, accountability, and empowerment, Reklaim offers innovative solutions that allow users to reclaim ownership of their data from various online platforms and brands.

Key Highlights and Achievements:

  • Financial Growth: Despite being a small-cap company, Reklaim has demonstrated impressive financial performance, achieving profitability in Q4 of 2023. With a remarkable 74% year-over-year revenue growth, the company recorded a profit of $872,139 for the fiscal year.
  • Operational Efficiency: Reklaim’s commitment to operational excellence is evident in its cost-saving measures, which led to a 38% reduction in operating expenses in 2023. This strategic focus on efficiency has contributed to the company’s overall profitability and sustainability.
  • Market Leadership: As a leader in the data privacy sector, Reklaim has positioned itself as a trusted partner for Fortune 500 brands, platforms, and data companies. Its innovative zero-party data solutions empower consumers to manage and monetize their data while ensuring compliance with privacy regulations.

Industry Impact and Significance The significance of Reklaim’s mission extends far beyond financial metrics. By championing data privacy and consumer empowerment, the company is driving meaningful change in an industry plagued by privacy breaches and data exploitation. With its user-centric approach and cutting-edge technology, Reklaim is reshaping the narrative around data ownership and privacy rights, setting a new standard for ethical data practices.

Future Growth and Expansion Looking ahead, Reklaim is poised for continued growth and expansion. With a robust growth trajectory and a solid foundation of profitability, the company is well-positioned to capitalize on emerging opportunities in the data privacy market. Through strategic partnerships, product innovation, and a relentless commitment to its mission, Reklaim aims to cement its position as a global leader in data privacy solutions.

Conclusion: Reklaim LTD ($MYID) stands out as a company with both financial potential and ethical integrity.  As you delve deeper into the world of Reklaim, you’ll discover a company poised to unlock the future of data privacy and redefine the relationship between individuals and their digital data.

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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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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: Empowering Privacy in the Digital Age

Posted by Brittany McNabb at 4:19 PM on Thursday, February 1st, 2024

In today’s interconnected world, concerns about privacy and data security have become paramount. With the increasing digitization of our lives, individuals are often left vulnerable to data breaches, intrusive tracking, and unauthorized use of personal information. However, amidst these challenges arises Reklaim, a pioneering platform dedicated to empowering users with control over their data and enhancing privacy in the digital landscape.

At the forefront of the privacy revolution, Reklaim offers a comprehensive suite of tools and services designed to safeguard users’ privacy rights while providing transparency and accountability in data management. Through its innovative approach, Reklaim enables individuals to take ownership of their data, dictate how it is shared, and even monetize their information securely and ethically.

One of the key benefits of Reklaim is its user-centric design, which prioritizes privacy and transparency. By providing individuals with granular control over their data, Reklaim empowers users to make informed decisions about who can access their information and for what purposes. Whether it’s managing preferences, setting price points for data transactions, or revoking consent at any time, Reklaim puts users firmly in the driver’s seat of their digital identity.

Furthermore, Reklaim’s commitment to privacy is evident in its robust security measures and adherence to stringent data protection standards. Through advanced encryption protocols, secure authentication mechanisms, and regular security audits, Reklaim ensures that users’ data remains safe from unauthorized access and malicious threats. Additionally, Reklaim complies with global privacy regulations such as GDPR and CCPA, further bolstering user confidence in the platform.

In terms of recent milestones, Reklaim has experienced remarkable growth and success, underscoring the increasing demand for privacy-centric solutions in today’s market. In Q3-2023 alone, Reklaim reported a revenue of $923,966, marking a significant 52% increase compared to the same period in the previous year. This impressive growth trajectory reflects the growing recognition of Reklaim as a trusted ally in the quest for privacy and data sovereignty.

Moreover, Reklaim’s user base continues to expand, with an increasing number of individuals embracing the platform’s privacy-enhancing features. From everyday consumers concerned about their online privacy to businesses seeking ethical data sources for targeted marketing, Reklaim caters to a diverse range of stakeholders committed to privacy and transparency.

Looking ahead, Reklaim remains steadfast in its mission to redefine privacy in the digital age and empower individuals with control over their data. With ongoing investments in technology, partnerships, and user education, Reklaim is poised to become the go-to destination for anyone seeking to reclaim their privacy rights in an increasingly data-driven world.

In conclusion, Reklaim represents a beacon of hope in an era fraught with privacy concerns and data breaches. By putting privacy first and empowering users with control over their data, Reklaim is paving the way for a safer, more transparent digital future. As individuals increasingly recognize the value of their privacy, Reklaim stands ready to lead the charge towards a more secure and empowered online experience.

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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 Redefined Data Prosperity in Q3-2023 with Soaring Revenue and Visionary Milestones

Posted by Brittany McNabb at 2:37 PM on Wednesday, January 3rd, 2024

 

In the dynamic landscape of digital transformation, Reklaim stands out as a beacon of innovation, reshaping the narrative of data ownership and privacy. The company’s recent milestones and impressive revenue growth showcase its commitment to leading the way in a rapidly evolving industry.

Revenue Soars to New Heights

In the latest financial reports, Reklaim reported a remarkable revenue surge, reaching $923,966 in Q3-2023, marking a substantial 52% increase compared to the same period in 2022. These figures reveal a thriving business model, demonstrating the company’s ability to navigate and excel in the complex data ecosystem. This robust financial performance not only underscores Reklaim’s resilience but also positions it as a key player in the data industry.

Consistent Profitability: A Testament to Strategic Vision

What sets Reklaim apart is not just its revenue growth but also its consistent profitability. The company has successfully posted consecutive profitable quarters, showcasing a strategic vision that goes beyond short-term gains. This track record of sustained profitability is a testament to Reklaim’s effective business strategies and operational excellence.

Navigating the Privacy Landscape

In an era where data privacy is paramount, Reklaim has emerged as a pioneer in navigating the intricacies of privacy regulations. The company’s commitment to providing users with control over their data aligns with the evolving privacy landscape. By empowering users to manage, edit, and option their data directly, Reklaim is not just adapting to change but actively shaping the future of data privacy.

Diversification and Versatility

Reklaim’s success is not confined to a single facet of the data industry. The company’s diversified revenue streams, including identity revenue and platform revenue, showcase versatility in its approach. This adaptability positions Reklaim to not only meet the current needs of the market but also to anticipate and address future trends.

Elevating the User Experience

Beyond numbers and revenue, Reklaim prioritizes the user experience. The revamped Redemption Progress Bar and the introduction of VIP Users exemplify the company’s dedication to enhancing user engagement. These user-centric features not only add value but also create a more seamless and rewarding experience for Reklaim’s users.

Looking Forward: A Glimpse into the Future

As Reklaim continues its trajectory of growth and innovation, the company remains focused on reducing external capital dependence. The goal for positive cash flow growth in the coming year demonstrates a commitment to financial stability and long-term success. For investors seeking opportunities in a company with a proven track record and a vision for the future, Reklaim stands as a compelling option.

In conclusion, Reklaim’s recent milestones and financial achievements, such as Q3-2023 revenue reaching $923,966 (up 52% vs Q3-22), paint a picture of a company that is not only thriving in the present but also actively shaping the future of the data industry. With a commitment to privacy, a diversified approach, and a user-centric mindset, Reklaim invites you to be part of a journey that goes beyond numbers—a journey of innovation, responsibility, and sustained success.

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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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