Reklaim Ltd. Reports Record 2024 Revenue and Positive EBITDA
Revenue Up 24%, Gross Margin Reaches 82%, Operating Cash Flow Up 282% Year-Over-Year
New York, New York – (April 17, 2025) – Reklaim (TSXV: MYID) (OTC: MYIDF), a publicly traded leader in consumer data privacy and compliant data monetization, today announced its audited financial results for the fiscal year ended December 31, 2024.
Key Financial Highlights:
Revenue: $5,079,714 — up 24% from $4,111,927 in 2023
EBITDA: Positive $831,250, driven by margin expansion and cost efficiency
Net Income: $373,353
Gross Margin: 82%
Operating Cash Flow: $223,617 — a 282% increase over 2023
Cash Reserves: Ended the year with a 258% increase in cash on hand
Strategic Achievements and Financial Strength
Reklaim’s strategic focus on diversifying revenue streams drove substantial growth across its ‘Platform’ and ‘Deals’ segments, with ‘Deals’ revenue surging by 233% year-over-year. This adaptability highlights Reklaim’s ability to navigate an evolving data landscape while maintaining operational discipline.
“Reklaim was built on a simple premise: people should own their data,” said Neil Sweeney, Founder and CEO of Reklaim. “That belief is now becoming reality. Privacy is no longer an afterthought — it’s driving the next era of advertising and data monetization. We’ve scaled responsibly, stayed cash-flow positive, and aligned our platform with the future of compliance and consumer trust. These results are validation of our thesis.”
Looking Ahead
Reklaim continues to empower consumers to take control of their data while expanding its AI privacy initiatives. For more details on our market insights and our CEO Quarterly Letter, please review Reklaim’s MD&A.
About Reklaim
Reklaim navigates the evolving consumer data privacy landscape, offering privacy-compliant data solutions for Fortune 500 brands, platforms, and data companies. Its platform allows individuals to reclaim, control, and monetize their data with complete transparency and consent. Learn more at investors.reklaimyours.com.
For further information, please contact:
1-855-908-DATA
E: investorrelations@reklaimyours.com
