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Bullboard - Stock Discussion Forum Reklaim Ltd V.MYID

Alternate Symbol(s):  MYIDF

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... see more

TSXV:MYID - Post Discussion

Reklaim Ltd > Strong Growth Forecast For Customer Data Platform Market
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Post by partystocker on May 16, 2022 3:24pm

Strong Growth Forecast For Customer Data Platform Market

With the customer data platform market forecasted to grow at a seriously high CAGR of 25.4% into 2029, it’s no surprise Reklaim (TSXV: MYID) has seen such impressive sales growth in the past year.


https://www.globenewswire.com/news-release/2022/03/11/2401723/0/en/Customer-Data-Platform-Market-to-Grow-at-25-4-CAGR-from-2022-to-2029-Personalization-Trend-to-Usher-Growth-Fortune-Business-Insights.html#:~:text=The%20market%20is%20anticipated%20to,the%20forecast%20period%202022%2D2029.


Last month the company reported a 462% YOY increase in sales. Q4 results were up 92% from the previous quarter. Additionally, at the time of the report, the number of brands purchasing data was up 158% YOY, which I expect has only gone up more since then. 


Hopefully, $MYID.v has been able to maintain momentum with its sales strategy since the time of the report. 


$MYID.v is currently trading at $.06 and valued at $4.12m.


https://www.investors.reklaimyours.com/press/reklaim-announces-q4-2021-financial-results

 
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