Reklaim Ltd Reports 10% Year-to-Date Revenue Growth and Advances Product Investments in Q3

Executive Summary

• Reklaim Ltd. reported Q3 2025 revenue of $1.1 M (up 10% YoY) with 75% gross margins and ended the quarter with $400 K cash and $464 K positive shareholder equity.
• The company completed a previously disclosed $500 K senior secured debenture financing at 12% interest, three‑year term, with 50% warrant coverage exercisable at $0.14 per share.
• Management highlighted continued product investments, full repayment of the prior debenture, active NCIB share repurchases, and warrant exercises that added capital to the balance sheet.

Key Details

• Revenue: Q3 2025 revenue = $1.1 M; year‑to‑date revenue up 10% versus same period FY24.
• Gross Margin: 75%, within long‑term target range.
• Operating Expenses: Increased due to investments in Reklaim Protect, Reklaim Jackpot, and Reklaim Invest; expected to drive growth in 2026.
• Cash Position: $400 K cash at quarter end (unchanged from Q2).
• Shareholder Equity: Positive equity of $464 K.
• Debenture Repayment: Full repayment of outstanding debenture during the quarter.
• NCIB Activity: Ongoing share repurchases under the normal course issuer bid program.
• Warrant Exercises: Contributed additional capital; warrants exercised at $0.14 per share.
• Financing Completion: $500 K senior secured debenture finalized with TSX Venture Exchange approval; 12% annual interest, three‑year term, 50% warrant coverage (exercisable at $0.14/share).
• Use of Proceeds: To support product development and commercial expansion initiatives.

Notable Quotes

“With 20 U.S. states now implementing comprehensive privacy laws, demand for compliant, user‑consented data continues to accelerate across brands and platforms,” said Neil Sweeney, CEO. “Reklaim remains uniquely positioned to help partners navigate this regulatory environment while offering consumers greater choice through both Reklaim Rewards and Reklaim Protect.”