Northwire Canada EditionMonday, July 27, 2026
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B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Earnings

RIWI Releases Q3 2025 Financials

RIWI · Price

Executive Summary

  • RIWI Corp. reported Q3 2025 revenue of $1.44 M, a 36.1% increase year‑over‑year, driven by transaction, recurring, and project‑based revenues.
  • The company narrowed its net loss to $(247,230) for the quarter (vs. $(393,177) in Q3 2024) and posted positive adjusted EBITDA of $32,894 for September 2025 after implementing a Cost Savings Plan.
  • Cash balances fell to $737,711 as of Sept. 30 2025, while total shareholders’ equity decreased to $1.39 M, reflecting ongoing operating losses.

Key Details

  • Revenue: $1,441,366 (Q3 2025) vs. $1,059,034 (Q3 2024); composition – $669,231 transaction revenue, $355,833 recurring revenue, $416,302 project‑based revenue.
  • Trailing 12‑month Revenue: Record $6,422,111 as of quarter‑end.
  • Net Loss: $(247,230) for Q3 2025 vs. $(393,177) in Q3 2024.
  • Operating Loss: $(234,334) for Q3 2025 vs. $(395,868) in Q3 2024.
  • Adjusted EBITDA (September 2025): $32,894 – first positive month after Cost Savings Plan initiation (August 2025).
  • Cost Savings Plan: Temporary salary reductions and performance‑based incentives tied to profitability milestones; intended to improve margins.
  • Customer Activity: Signed 39 contracts in the quarter, including 9 new customers.
  • Product Enhancements: Launched video diary solution, AI‑based translation service, and AI quick‑quote tool within RIWI Sample Hub.
  • Operating Expenses (Q3 2025): $1,675,700 total – G&A $416,324, Operations $951,009, Technology $151,903, Sales & Marketing $156,464.
  • Cash: $737,711 at Sept. 30 2025 vs. $1,845,224 year‑end 2024.
  • Accounts Receivable: $1,214,710; Unbilled revenue $102,712.
  • Current Liabilities: $1,361,937 (accounts payable $862,393; acquisition holdbacks $174,989; deferred revenue $259,965; notes payable $64,590).
  • Long‑Term Debt: Notes payable $1,523,777.
  • Shareholders’ Equity: $1,385,736 at Sept. 30 2025 (down from $2,040,561 year‑end 2024).

Notable Quotes

“RIWI's AI-powered platform continues to gain traction within our key customer segments and drive labor efficiencies across survey creation, analysis and data collection,” – Greg Wong, CEO
“Product innovation coupled with the previously announced Cost Savings Plan are positioning RIWI for profitable long‑term growth.” – Greg Wong, CEO

Read the original news release →

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