NASDAQ : RDVT
Red Violet, Inc. — Financial statements
Technology · Software - Application · United States
Last price 80.46 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 1.29B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Red Violet, Inc. (RDVT) reported revenue of 99.02M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 99.02M | 90.25M | 75.19M | 60.20M | 53.32M | 44.02M |
| Cost of Revenue | 15.15M | 14.68M | 14.00M | 13.07M | 12.21M | 11.20M |
| Gross Profit | 83.87M | 75.58M | 61.19M | 47.13M | 41.11M | 32.83M |
| Selling, General & Admin | 54.79M | 51.41M | 43.70M | 36.28M | 34.07M | 28.74M |
| Operating Expenses | 65.86M | 62.08M | 53.27M | 44.63M | 40.75M | 34.14M |
| Operating Income | 18.01M | 13.50M | 7.93M | 2.50M | 361.00K | -1.31M |
| Interest Expense | -7.00K | |||||
| Interest & Investment Income | 1.51M | 1.42M | 1.40M | 1.33M | 351.00K | |
| EBT Excluding Unusual Items | 19.52M | 14.92M | 9.33M | 3.84M | 712.00K | -1.32M |
| Merger & Restructuring Charges | -296.00K | -358.00K | -7.00K | |||
| Other Unusual Items | 2.17M | |||||
| Pretax Income | 19.23M | 14.56M | 9.32M | 3.84M | 712.00K | 853.00K |
| Income Tax Expense | 2.85M | 1.40M | 2.32M | -9.69M | 96.00K | 198.00K |
| Net Income | 16.38M | 13.15M | 7.00M | 13.53M | 616.00K | 655.00K |
| Net Income to Common | 16.38M | 13.15M | 7.00M | 13.53M | 616.00K | 655.00K |
| Shares Outstanding (Basic) | 14.13M | 14.04M | 13.86M | 13.97M | 13.76M | 12.60M |
| Shares Outstanding (Diluted) | 14.35M | 14.40M | 14.13M | 14.13M | 14.11M | 13.40M |
| EPS (Basic) | 1.16 | 0.94 | 0.51 | 0.97 | 0.04 | 0.05 |
| EPS (Diluted) | 1.14 | 0.91 | 0.50 | 0.96 | 0.04 | 0.05 |
| Free Cash Flow | 33.60M | 28.79M | 23.79M | 14.95M | 12.09M | 8.67M |
| Free Cash Flow Per Share | 2.34 | 2.00 | 1.68 | 1.06 | 0.86 | 0.65 |
| Gross Margin | 84.70% | 83.74% | 81.38% | 78.29% | 77.10% | 74.57% |
| Operating Margin | 18.19% | 14.95% | 10.54% | 4.16% | 0.68% | -2.99% |
| Profit Margin | 16.54% | 14.57% | 9.31% | 22.47% | 1.16% | 1.49% |
| Free Cash Flow Margin | 33.94% | 31.89% | 31.64% | 24.83% | 22.67% | 19.69% |
| EBITDA | 18.79M | 13.88M | 8.14M | 2.74M | 596.00K | -1.09M |
| EBITDA Margin | 18.98% | 15.38% | 10.83% | 4.55% | 1.12% | -2.47% |
| D&A For EBITDA | 780.00K | 380.00K | 213.00K | 233.00K | 235.00K | 229.00K |
| EBIT | 18.01M | 13.50M | 7.93M | 2.50M | 361.00K | -1.31M |
| EBIT Margin | 18.19% | 14.95% | 10.54% | 4.16% | 0.68% | -2.99% |
| Effective Tax Rate | 14.82% | 9.64% | 24.86% | 13.48% | 23.21% | |
| Advertising Expenses | 1.08M | 761.00K | 541.00K | 261.00K | 97.00K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 49.97M | 43.56M | 36.50M | 32.03M | 31.81M | 34.26M |
| Cash & Short-Term Investments | 49.97M | 43.56M | 36.50M | 32.03M | 31.81M | 34.26M |
| Receivables | 12.90M | 10.70M | 8.06M | 7.13M | 5.54M | 3.74M |
| Prepaid Expenses | 2.36M | 2.28M | 1.63M | 1.11M | 771.00K | 599.00K |
| Total Current Assets | 65.23M | 56.53M | 46.19M | 40.28M | 38.12M | 38.59M |
| Property, Plant & Equipment | 3.23M | 3.45M | 2.45M | 3.05M | 1.82M | 2.24M |
| Goodwill | 5.23M | 5.23M | 5.23M | 5.23M | 5.23M | 5.23M |
| Other Intangible Assets | 41.20M | 39.26M | 36.00M | 34.40M | 31.65M | 28.18M |
| Long-Term Accounts Receivable | 777.00K | 880.00K | 1.08M | 371.00K | 464.00K | |
| Long-Term Deferred Tax Assets | 4.62M | 6.58M | 7.50M | 9.51M | ||
| Other Long-Term Assets | 70.00K | 69.00K | 93.00K | 146.00K | 137.00K | 137.00K |
| Total Assets | 120.35M | 112.01M | 98.53M | 92.99M | 77.41M | 74.38M |
| Accounts Payable | 1.49M | 1.98M | 2.13M | 1.63M | 2.23M | 1.60M |
| Accrued Expenses | 2.88M | 3.67M | 2.75M | 1.84M | 1.73M | 346.00K |
| Current Portion of Leases | 428.00K | 396.00K | 406.00K | 569.00K | 692.00K | 617.00K |
| Current Income Taxes Payable | 16.00K | |||||
| Current Unearned Revenue | 1.20M | 1.03M | 712.00K | 690.00K | 670.00K | 841.00K |
| Other Current Liabilities | 802.00K | 4.31M | 131.00K | 116.00K | 49.00K | |
| Total Current Liabilities | 5.99M | 7.87M | 10.31M | 4.88M | 5.44M | 3.46M |
| Long-Term Leases | 2.22M | 2.40M | 1.59M | 2.00M | 598.00K | 1.29M |
| Long-Term Deferred Tax Liabilities | 287.00K | 198.00K | ||||
| Other Long-Term Liabilities | 523.00K | 820.00K | ||||
| Total Liabilities | 8.74M | 11.09M | 11.90M | 6.88M | 6.32M | 4.95M |
| Common Stock | 14.00K | 14.00K | 14.00K | 14.00K | 14.00K | 13.00K |
| Additional Paid-In Capital | 89.97M | 88.63M | 87.49M | 94.16M | 92.48M | 91.43M |
| Retained Earnings | 21.63M | 12.28M | -870.00K | -7.87M | -21.40M | -22.02M |
| Treasury Stock | -188.00K | |||||
| Shareholders' Equity | 111.61M | 100.93M | 86.63M | 86.11M | 71.09M | 69.43M |
| Total Liabilities & Equity | 120.35M | 112.01M | 98.53M | 92.99M | 77.41M | 74.38M |
| Total Debt | 2.65M | 2.79M | 2.00M | 2.57M | 1.29M | 1.91M |
| Net Cash (Debt) | 47.33M | 40.77M | 34.51M | 29.46M | 30.52M | 32.35M |
| Net Cash Per Share | 3.30 | 2.83 | 2.44 | 2.08 | 2.16 | 2.41 |
| Filing Date Shares Outstanding | 16.05M | 14.11M | 13.94M | 13.96M | 13.96M | 13.52M |
| Total Common Shares Outstanding | 14.11M | 14.15M | 13.94M | 13.97M | 13.96M | 13.49M |
| Working Capital | 59.24M | 48.66M | 35.88M | 35.40M | 32.68M | 35.13M |
| Book Value Per Share | 7.91 | 7.13 | 6.22 | 6.16 | 5.09 | 5.15 |
| Tangible Book Value | 65.19M | 56.44M | 45.41M | 46.48M | 34.22M | 36.02M |
| Tangible Book Value Per Share | 4.62 | 3.99 | 3.26 | 3.33 | 2.45 | 2.67 |
| Machinery | 2.37M | 2.08M | 1.91M | 1.86M | 1.50M | |
| Leasehold Improvements | 271.00K | 53.00K | 53.00K | 53.00K | 53.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 16.38M | 13.15M | 7.00M | 13.53M | 616.00K | 655.00K |
| Depreciation & Amortization | 780.00K | 380.00K | 213.00K | 233.00K | 235.00K | 229.00K |
| Other Amortization | 10.29M | 10.29M | 9.35M | 8.12M | 6.44M | 5.17M |
| Asset Writedown & Restructuring Costs | 2.00K | 3.00K | 85.00K | 6.00K | 177.00K | 32.00K |
| Stock-Based Compensation | 7.36M | 6.50M | 5.95M | 5.39M | 5.50M | 6.62M |
| Provision & Write-off of Bad Debts | 853.00K | 760.00K | 342.00K | 1.09M | 174.00K | 95.00K |
| Other Operating Activities | 2.20M | 1.42M | 2.57M | -9.22M | 636.00K | -1.47M |
| Change in Accounts Receivable | -3.95M | -3.40M | -1.27M | -2.69M | -1.97M | -630.00K |
| Change in Accounts Payable | -345.00K | -150.00K | 496.00K | -598.00K | 624.00K | -470.00K |
| Change in Unearned Revenue | 389.00K | 316.00K | 22.00K | 20.00K | -171.00K | 337.00K |
| Change in Other Net Operating Assets | 117.00K | 70.00K | -804.00K | -799.00K | 196.00K | -1.62M |
| Operating Cash Flow | 34.08M | 29.35M | 23.96M | 15.07M | 12.46M | 8.95M |
| Capital Expenditures | -479.00K | -563.00K | -169.00K | -122.00K | -373.00K | -280.00K |
| Sale (Purchase) of Intangibles | -12.41M | -10.59M | -9.40M | -9.02M | -8.46M | -4.96M |
| Investing Cash Flow | -12.89M | -11.16M | -9.57M | -9.15M | -8.83M | -5.24M |
| Issuance of Common Stock | 20.92M | |||||
| Repurchase of Common Stock | -10.07M | -6.96M | -9.92M | -5.70M | -6.08M | -3.33M |
| Common Dividends Paid | -4.18M | |||||
| Financing Cash Flow | -10.07M | -11.14M | -9.92M | -5.70M | -6.08M | 17.60M |
| Net Cash Flow | 11.12M | 7.05M | 4.47M | 222.00K | -2.45M | 21.30M |
| Free Cash Flow | 33.60M | 28.79M | 23.79M | 14.95M | 12.09M | 8.67M |
| Free Cash Flow Margin | 33.94% | 31.89% | 31.64% | 24.83% | 22.67% | 19.69% |
| Free Cash Flow Per Share | 2.34 | 2.00 | 1.68 | 1.06 | 0.86 | 0.65 |
| Levered Free Cash Flow | 13.89M | 8.73M | 15.05M | 3.78M | 3.51M | 4.19M |
| Unlevered Free Cash Flow | 13.89M | 8.73M | 15.05M | 3.78M | 3.51M | 4.20M |
| Cash Income Tax Paid | 479.00K | 629.00K | 607.00K | 82.00K | 39.00K | |
| Change in Working Capital | -3.79M | -3.16M | -1.55M | -4.07M | -1.32M | -2.38M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.25B | 802.32M | 499.26M | 276.50M | 319.84M | 532.58M |
| Enterprise Value | 1.20B | 759.83M | 465.66M | 244.98M | 290.01M | 521.23M |
| Last Close Price | 77.73 | 56.95 | 35.90 | 19.81 | 22.83 | 39.36 |
| PE Ratio | 68.09 | 60.99 | 71.29 | 20.44 | 519.21 | 813.10 |
| Forward PE | 48.71 | 49.31 | 41.25 | |||
| PS Ratio | 12.60 | 8.89 | 6.64 | 4.59 | 6.00 | 12.10 |
| PB Ratio | 9.83 | 7.95 | 5.76 | 3.21 | 4.50 | 7.67 |
| P/TBV Ratio | 19.13 | 14.22 | 10.99 | 5.95 | 9.35 | 14.79 |
| P/FCF Ratio | 37.12 | 27.87 | 20.98 | 18.50 | 26.46 | 61.44 |
| P/OCF Ratio | 36.60 | 27.34 | 20.84 | 18.35 | 25.67 | 59.52 |
| EV/Sales Ratio | 12.12 | 8.42 | 6.19 | 4.07 | 5.44 | 11.84 |
| EV/EBITDA Ratio | 63.86 | 54.76 | 57.21 | 89.51 | 486.60 | |
| EV/EBIT Ratio | 66.63 | 56.30 | 58.74 | 97.84 | 803.36 | |
| EV/FCF Ratio | 35.71 | 26.40 | 19.57 | 16.39 | 24.00 | 60.13 |
| Debt / Equity Ratio | 0.02 | 0.03 | 0.02 | 0.03 | 0.02 | 0.03 |
| Debt / EBITDA Ratio | 0.14 | 0.19 | 0.22 | 0.75 | 1.02 | |
| Debt / FCF Ratio | 0.08 | 0.10 | 0.08 | 0.17 | 0.11 | 0.22 |
| Net Debt / Equity Ratio | -0.42 | -0.40 | -0.40 | -0.34 | -0.43 | -0.47 |
| Net Debt / EBITDA Ratio | -2.52 | -2.94 | -4.24 | -10.77 | -51.21 | 29.79 |
| Net Debt / FCF Ratio | -1.41 | -1.42 | -1.45 | -1.97 | -2.52 | -3.73 |
| Asset Turnover | 0.88 | 0.86 | 0.79 | 0.71 | 0.70 | 0.70 |
| Quick Ratio | 10.49 | 6.89 | 4.32 | 8.03 | 6.87 | 10.99 |
| Current Ratio | 10.88 | 7.18 | 4.48 | 8.26 | 7.01 | 11.16 |
| Return on Equity (ROE) | 15.76% | 14.03% | 8.11% | 17.21% | 0.88% | 1.16% |
| Return on Assets (ROA) | 10.00% | 8.01% | 5.17% | 1.84% | 0.30% | -1.30% |
| Return on Invested Capital (ROIC) | 23.96% | 21.72% | 10.95% | 5.15% | 0.80% | -2.80% |
| Return on Capital Employed (ROCE) | 15.80% | 13.00% | 9.00% | 2.80% | 0.50% | -1.90% |
| Earnings Yield | 1.47% | 1.64% | 1.40% | 4.89% | 0.19% | 0.12% |
| FCF Yield | 2.69% | 3.59% | 4.76% | 5.41% | 3.78% | 1.63% |
| Payout Ratio | 31.79% | |||||
| Buyback Yield / Dilution | -0.18% | -1.93% | 0.06% | -0.19% | -5.25% | -12.98% |