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Reklaim Ltd V.MYID

Alternate Symbol(s):  MYIDF

Reklaim Ltd. is a Canada-based consumer data and privacy provider. The Company is engaged in offering privacy-compliant data solutions for Fortune 500 brands, platforms, and data companies. Its platform allows individuals to reclaim, control, and monetize their data. The Company allows consumers to visit the platform, confirm their identity and unveil data that has been collected and sold on them for years. 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.


TSXV:MYID - Post by User

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  • partystockerX
Post by partystockeron May 16, 2022 3:24pm
145 Views
Post# 34687130

Strong Growth Forecast For Customer Data Platform Market

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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