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Reklaim Ltd V.MYID

Alternate Symbol(s):  MYIDF

Technology
Reklaim Ltd. is a Canada-based consumer-focused data company. The Company is engaged in offering compliant, first-party data to Fortune 500 brands and agencies, platforms, and data companies through which it allows consumers to visit the platform, confirm their identity and unveil data that has been collected and sold on them for years without the consumer's explicit consent. It enables consumers to take back control of this data by setting up a Reklaim account where, should they choose to, consumers can be compensated for using their data or protect it via a suite of privacy tools. The Company's platform offers various data segments, which includes household information, interests, traits, reading preferences, watching preferences, donation history, and financial information. It reveals various attributes based on the amount or variety of regular Internet activities of the consumers, such as reading articles, shopping, managing finances, and streaming platforms.


TSXV:MYID - Post by User

Reklaim Ltd
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Post by partystockeron Jul 10, 2022 8:53pm
209 Views
Post# 34814228

$MYID.v is cash neutral and ready for growth

$MYID.v is cash neutral and ready for growth

After raising $1.3 million via private placement and announcing the streamlining of operations to a cash neutral position, I’m really interested to hear more updates from Reklaim (TSXV: MYID). 


Reklaim’s Q1 results showed very strong growth. Revenue saw a 217% increase over Q1 2021, and the company saw an 87% increase in the number of customers buying data. 


Hopefully Q2 will have proven equally lucrative for the company, as continued strong growth metrics paired with a cash neutral position will prove these guys are headed for rapid growth. 


$MYID.v is currently trading at $.075, valued at $6.6 million.   


https://ceo.ca/@newsfile/reklaim-closes-13-million-non-brokered-private-placement

 
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