Red Violet NASDAQ: RDVT outlined its identity intelligence platform, growth strategy and plans to use recently raised capital for acquisitions during a company presentation led by Camilo Ramirez, senior vice president of finance and head of investor relations.
Red Violet (RDVT) possesses solid growth attributes, which could help it handily outperform the market.
Red Violet (RDVT) delivered a robust 2Q26, with EPS beating estimates by 62% and record client growth validating its competitive MOAT. RDVT's high operating leverage drove profitability and margin expansion, with adjusted EBITDA up 48% and free cash flow reaching record highs. A clean balance sheet, $100M capital raise, and active share repurchases position RDVT for continued growth and potential stock catalysts.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 32 | $1,150.66 | $2,153.6 | $1,002.94 | 87.16% |
| NA Nizar Araji National Bank Of Canada /FI/ | 23 | $1,436.58 | $1,506.15 | $69.57 | 4.84% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 105 | $3,297.74 | $6,875.92 | $3,578.18 | 108.5% |
| PBP Philip B. Palmer CHATHAM CAPITAL GROUP Inc. | 25,478 | $890,216.56 | $1.78M | $886,364.38 | 99.57% |
Jeff Ameen Spire Wealth Management | 18 | $1,124.28 | $1,248.84 | $124.56 | 11.08% |
| Software Industry | Information Technology Sector | Derek Dubner CEO | NASDAQ (CM) Exchange | 75704L104 CUSIP |
| US Country | 250 Employees | 14 Feb 2025 Last Dividend | - Last Split | 26 Mar 2018 IPO Date |
Red Violet, Inc. stands out as a software and services company deeply rooted in the United States, with a core focus on developing proprietary technologies and leveraging analytical capabilities to deliver comprehensive identity intelligence. Specializing in addressing the multifaceted challenges of various organizational needs, Red Violet, Inc. distinguishes itself by enabling critical functions such as due diligence, risk mitigation, identity authentication, fraud detection and prevention, client acquisition, and ensuring regulatory compliance across a broad spectrum of industries. The company has established a prestigious position since its incorporation in 2017, based in Boca Raton, Florida, serving a diverse clientele that includes financial services, insurance, healthcare, retail, telecommunication companies, in addition to law enforcement and government agencies, collections agencies, law firms, corporate security, and investigative entities. Red Violet, Inc. employs a strategic approach to market its innovative products and services, utilizing a combination of value-added distributors, resellers, and strategic partners, alongside trade shows, seminars, advertising, public relations, and direct sales efforts, ensuring comprehensive communication and engagement with potential and existing customers alike.
idiCORE: This investigative solution is pivotal for organizations seeking to address a wide array of challenges including due diligence, risk mitigation, identity authentication, fraud detection and prevention, among other critical applications. Utilizing advanced analytics, idiCORE offers robust capabilities that are fundamental for enhancing operational efficiency and securing organizational integrity.
FOREWARN: An innovative app-based solution designed to provide instant insights prior to face-to-face interactions with consumers, FOREWARN assists professionals in identifying and mitigating potential risks. This cutting-edge tool is essential for professionals looking to secure their interactions and engagements, promoting a safer and more informed decision-making process.