Red Violet(NASDAQ) RDVT

Red Violet helps companies check the identity of people. Its technology identifies connections between individuals, businesses, and assets. These tools help organizations prevent fraud and stay safe.

Tools for Safer Business

• idiCORE: Investigative solution used for due diligence and identity authentication; serves government, law enforcement, and financial firms.
• FOREWARN: App-based risk mitigation tool for real estate professionals; provides background knowledge before face-to-face meetings with consumers.
• CORE Platform: Cloud-native system used to analyze massive datasets; generates 76% of revenue from customers with pricing contracts.

Scaling the Enterprise

• Extended the contract with the primary data supplier through April 2031.
• Completed a spin-off from cogint to operate as an independent public company.
• Increased the total idiCORE billable customers to 10,022 by December 31, 2025.
• Expanded the FOREWARN user base to 390,018 individuals by the end of 2025.

How the Platform Wins

The CORE platform uses a proprietary framework called IRON to link billions of disparate records. Artificial intelligence and machine learning are built directly into the data processing architecture to improve accuracy.

A Look at the Numbers

• Revenue reached $23.4 million in Q4 2025, up 19.6% year-over-year.
• Net income hit $2.8 million in Q4 2025, up 226.2% from Q4 2024.
• Free cash flow rose to $6.6 million in Q4 2025, up 49.4% year-over-year.
• Operating income reached $1.6 million in Q4 2025, up 331.3% from the previous year.

Bottom Line

Red Violet has evolved from a technology developer into a profitable provider of identity intelligence. Its automated platform helps diverse industries manage compliance and prevent financial losses.