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Red Violet Inc RDVT

Red Violet, Inc. is a software and services company. The Company is engaged in building proprietary technologies and applying analytical capabilities to deliver identity intelligence. Its solutions enable the real-time identification and location of people, businesses, assets, and their interrelationships. These solutions are used for purposes including risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, and customer acquisition. The Company’s AI/ML-driven identity intelligence platform, CORE, is purpose-built for the enterprise, flexible enough for organizations of all sizes, bringing clarity to massive datasets by transforming data into intelligence. The CORE platform provides essential solutions to public and private sector organizations through easy-to-use analytical interfaces. It markets its solutions primarily through two brands, IDI and FOREWARN. IDI is an analytics and information solutions provider.


NDAQ:RDVT - Post by User

Bullboard Posts
Post by fredo1on Oct 07, 2019 7:41am
160 Views
Post# 30202616

Red Violet

Red VioletRecent small equity raise enough to accelerate current 80% sales growth rate next year says management. Driver is new FOREWARN product for real estate agents. Approaching 25,000 users. Subscription model paid for by agent associations, not individual agent. Gross margin rising almost every quarter as sales scale. Cash flow positive(barely ) in June Q. No analyst coverage yet. Was a spin-out from Fluent 18 months ago. I am long since August.
Bullboard Posts