0.91%
0.55%
21.01%
41.30%
94.86%
35.87%
71.62%
AI Spotlight on RDVT
Company Description
Red Violet, Inc., a software and services company, specializes in proprietary technologies and applying analytical capabilities to deliver identity intelligence in the United States.It offers idiCORE, an investigative solution used to address various organizational challenges, which include due diligence, risk mitigation, identity authentication, and regulatory compliance; and FOREWARN, an app-based solution that provides instant knowledge before face-to-face engagement with a consumer, as well as helps professionals to identify and mitigate risk.The company serves financial services, insurance, healthcare, retail, and telecommunication companies; law enforcement and government agencies; and collections, corporate security, and investigative firms, as well as solutions used for purposes, such as risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, and customer acquisition.
It markets its products and services through value-added distributors, resellers, and strategic partners; and trade shows and seminars, advertising, public relations, distribution of sales literature, and product specifications and ongoing communication with prospective customers, distributors, resellers, strategic partners, and installed base of current customers, as well as through direct sales.Red Violet, Inc.was incorporated in 2017 and is headquartered in Boca Raton, Florida.
Market Data
| Last Price | 36.4 |
| Change Percentage | 0.91% |
| Open | 36.32 |
| Previous Close | 36.07 |
| Market Cap ( Millions) | 502 |
| Volume | 76444 |
| Year High | 39.88 |
| Year Low | 16.56 |
| M A 50 | 36.37 |
| M A 200 | 27.97 |
Financial Ratios
| FCF Yield | 2.41% |
| Dividend Yield | 0.82% |
| ROE | 5.80% |
| Debt / Equity | 2.34% |
| Net Debt / EBIDTA | -210.70% |
| Price To Book | 5.47 |
| Price Earnings Ratio | 98.95 |
| Price To FCF | 41.57 |
| Price To sales | 7.1 |
| EV / EBITDA | 29.38 |
News
- Jan -13 - FOREWARN to Provide Identity Verification Services to Greater Baltimore Board of REALTORS® to Promote Agent Safety
- Dec -13 - FOREWARN Partners with Bluegrass REALTORS®
- Dec -03 - red violet Announces Special Cash Dividend Reflecting Operational Strength and Robust Cash Flow Generation
- Nov -28 - Red Violet (RDVT) Is a Great Choice for 'Trend' Investors, Here's Why
- Nov -20 - Red Violet Q3 Earnings: Margin Growth Leaves Room For Further Upside
- Nov -18 - Red Violet (RDVT) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?
- Nov -12 - Here's Why Momentum in Red Violet (RDVT) Should Keep going
- Nov -12 - FOREWARN Partners with MetroTex Association of REALTORS®
- Nov -07 - Red Violet, Inc. (RDVT) Q3 2024 Earnings Call Transcript
- Nov -07 - Red Violet, Inc. (RDVT) Lags Q3 Earnings Estimates
- Nov -06 - red violet to Participate in the Southwest IDEAS Investor Conference
- Oct -21 - Red Violet (RDVT) Soars 7.6%: Is Further Upside Left in the Stock?
- Oct -18 - FOREWARN Partners with New Hampshire Association of REALTORS®
- Sep -09 - FOREWARN Partners with Howard County Association of REALTORS®
- Aug -13 - IDI Now Available on Carahsoft's GSA Schedule
- Aug -12 - Red Violet: Growth Accelerates As The Company Moves Upmarket
- Aug -09 - Red Violet, Inc. (RDVT) Q2 2024 Earnings Call Transcript
- Aug -08 - red violet to Participate in the Midwest IDEAS Investor Conference
- Aug -07 - Red Violet, Inc. (RDVT) Tops Q2 Earnings and Revenue Estimates
- Aug -07 - red violet Announces Second Quarter 2024 Financial Results
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Artificial Intelligence/Machine Learning-Driven Identity Intelligence Platform
Expected Growth : 15.1 %
What the company do ?
Red Violet's AI-driven Identity Intelligence Platform provides actionable insights and identity verification through machine learning algorithms and proprietary data assets.
Why we expect these perspectives ?
The growth of Red Violet's AI-driven Identity Intelligence Platform is driven by increasing demand for identity verification and fraud prevention, coupled with the adoption of machine learning and artificial intelligence in various industries.
Red Violet, Inc. Products
| Product Range | What is it ? |
|---|---|
| Forewarn | A platform that provides real-time access to public records, allowing users to make informed decisions |
| ForewarnIQ | An AI-powered platform that provides advanced analytics and visualization tools to help users identify patterns and connections |
| idiCORE | A data analytics platform that provides access to a vast repository of public records and data |
| idiVERIFIED | A verification platform that provides real-time identity verification and authentication |
Red Violet, Inc.'s Porter Forces
Threat Of Substitutes
Red Violet, Inc. operates in a niche market, providing data analytics and information solutions. While there are some substitutes available, they are not as comprehensive as Red Violet's offerings, reducing the threat of substitutes.
Bargaining Power Of Customers
Red Violet, Inc. has a diverse customer base, and no single customer accounts for a significant portion of its revenue, reducing the bargaining power of customers.
Bargaining Power Of Suppliers
Red Violet, Inc. has a diversified supply chain, and its suppliers do not have significant bargaining power, reducing the threat of supplier negotiations.
Threat Of New Entrants
The data analytics and information solutions market is highly competitive, and new entrants can easily enter the market, posing a significant threat to Red Violet, Inc.'s market share.
Intensity Of Rivalry
The data analytics and information solutions market is highly competitive, with many established players, leading to a high intensity of rivalry among competitors, including Red Violet, Inc.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 2.90% |
| Debt Cost | 3.95% |
| Equity Weight | 97.10% |
| Equity Cost | 9.69% |
| WACC | 9.53% |
| Leverage | 2.98% |
Red Violet, Inc. : Quality Control
Red Violet, Inc. passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| DSP | Viant Technology Inc. operates as an advertising software company. It provides Adelphic, an enterprise software platform that enables marketers and their advertising agencies to plan, buy, and measure advertising across … |
| PET | Wag! Group Co. develops and supports a proprietary marketplace technology platform available as a website and mobile app that enables independent pet caregivers to connect with pet parents. Its platform … |
| DAVE | Dave Inc. provides a suite of financial products and services through its financial service online platform. The company offers Insights, a personal financial management tool to manage income and expenses … |
| BLND | Blend Labs, Inc. provides cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. The company offers a suite … |
| GRND | Grindr Inc. operates social network platform for the LGBTQ community. Its platform enables gay, bi, trans, and queer people to engage with each other, share content and experiences, and express … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
Red Violet
A-Score
1-Year Total Return ->
🥈
Grindr
A-Score
1-Year Total Return ->
🥉
Viant Technology
A-Score
1-Year Total Return ->
4
Blend Labs
A-Score
1-Year Total Return ->
5
Dave
A-Score
1-Year Total Return ->
6
