NASDAQ : RVYL
Ryvyl Inc. — Financial statements
Technology · Software - Infrastructure · United States
Last price 7.81 USD (At close: May 12, 2026) · Market cap 9.99M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Ryvyl Inc. (RVYL) reported revenue of 10.90M 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 | 10.90M | 11.13M | 18.16M | 65.87M | 32.91M | 26.30M |
| Cost of Revenue | 5.84M | 5.82M | 10.77M | 40.16M | 16.79M | 10.07M |
| Gross Profit | 5.06M | 5.31M | 7.39M | 25.71M | 16.12M | 16.23M |
| Selling, General & Admin | 10.84M | 12.88M | 16.79M | 27.85M | 23.80M | 24.65M |
| Research & Development | 186.00K | 559.00K | 3.85M | 5.76M | 6.28M | 3.87M |
| Operating Expenses | 12.58M | 14.73M | 23.27M | 38.01M | 35.86M | 45.44M |
| Operating Income | -7.52M | -9.42M | -15.88M | -12.30M | -19.74M | -29.21M |
| Interest Expense | -592.00K | -1.94M | -3.13M | -16.47M | -22.15M | -4.93M |
| Other Non Operating Income (Expenses) | 181.00K | 260.00K | -330.00K | 4.07M | 16.45M | -774.66K |
| EBT Excluding Unusual Items | -7.93M | -11.11M | -19.34M | -24.70M | -25.43M | -34.91M |
| Merger & Restructuring Charges | -1.51M | -1.90M | -1.64M | |||
| Impairment of Goodwill | -6.67M | |||||
| Gain (Loss) on Sale of Assets | 1.07M | |||||
| Asset Writedown | -2.76M | -1.83M | -3.03M | -18.10M | ||
| Legal Settlements | -1.10M | -905.00K | -2.06M | -4.14M | ||
| Other Unusual Items | -25.04M | -5.71M | -364.12K | |||
| Pretax Income | -13.31M | -15.74M | -32.74M | -52.81M | -49.24M | -35.27M |
| Income Tax Expense | 181.00K | 318.00K | 390.00K | 289.00K | -8.00K | 4.91K |
| Earnings From Continuing Operations | -13.49M | -16.05M | -33.13M | -53.10M | -49.24M | -35.27M |
| Earnings From Discontinued Operations | -4.57M | -1.47M | 6.30M | |||
| Net Income | -18.05M | -17.53M | -26.82M | -53.10M | -49.24M | -35.27M |
| Net Income to Common | -18.05M | -17.53M | -26.82M | -53.10M | -49.24M | -35.27M |
| Shares Outstanding (Basic) | 846.55K | 597.47K | 191.26K | 150.05K | 130.21K | 116.31K |
| Shares Outstanding (Diluted) | 846.55K | 597.47K | 191.26K | 150.05K | 130.21K | 116.31K |
| EPS (Basic) | -21.33 | -29.33 | -140.25 | -353.88 | -378.14 | -303.29 |
| EPS (Diluted) | -21.33 | -29.33 | -140.25 | -353.88 | -378.14 | -303.29 |
| Free Cash Flow | -9.60M | -23.12M | 21.14M | 33.05M | -9.51M | -27.32M |
| Free Cash Flow Per Share | -11.34 | -38.70 | 110.55 | 220.28 | -73.01 | -234.93 |
| Gross Margin | 46.43% | 47.68% | 40.71% | 39.03% | 48.99% | 61.72% |
| Operating Margin | -69.03% | -84.65% | -87.44% | -18.68% | -59.98% | -111.03% |
| Profit Margin | -165.69% | -157.45% | -147.72% | -80.62% | -149.61% | -134.10% |
| Free Cash Flow Margin | -88.06% | -207.71% | 116.44% | 50.18% | -28.89% | -103.88% |
| EBITDA | -7.13M | -8.93M | -13.62M | -9.75M | -16.92M | -28.33M |
| EBITDA Margin | -65.42% | -80.22% | -74.98% | -14.80% | -51.42% | -107.71% |
| D&A For EBITDA | 393.00K | 493.00K | 2.26M | 2.55M | 2.82M | 872.92K |
| EBIT | -7.52M | -9.42M | -15.88M | -12.30M | -19.74M | -29.21M |
| EBIT Margin | -69.03% | -84.65% | -87.44% | -18.68% | -59.98% | -111.03% |
| Advertising Expenses | 80.00K | 1.34M | 134.17K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 5.51M | 7.42M | 2.60M | 12.18M | 13.96M | 89.05M |
| Cash & Short-Term Investments | 5.51M | 7.42M | 2.60M | 12.18M | 13.96M | 89.05M |
| Accounts Receivable | 922.00K | 1.11M | 1.08M | 859.00K | 1.16M | 481.67K |
| Other Receivables | 12.83M | 7.43M | 6.21M | |||
| Receivables | 922.00K | 1.11M | 1.08M | 13.69M | 8.58M | 6.69M |
| Inventory | 286.36K | |||||
| Prepaid Expenses | 1.07M | 1.09M | 2.28M | 2.85M | 9.80M | 28.97K |
| Restricted Cash | 253.00K | 7.00K | 89.43M | 61.14M | 26.87M | 514.49K |
| Other Current Assets | 1.50M | 1.50M | ||||
| Total Current Assets | 9.25M | 11.14M | 95.38M | 89.86M | 59.22M | 96.57M |
| Property, Plant & Equipment | 179.00K | 1.40M | 3.42M | 4.58M | 3.23M | 3.17M |
| Goodwill | 18.86M | 26.75M | 26.75M | 6.55M | ||
| Other Intangible Assets | 227.00K | 255.00K | 1.80M | 5.06M | 6.74M | 7.58M |
| Other Long-Term Assets | 240.00K | 308.00K | 2.81M | 2.40M | 1.72M | 190.64K |
| Total Assets | 9.90M | 13.10M | 122.28M | 128.66M | 97.66M | 114.05M |
| Accounts Payable | 2.62M | 2.24M | 3.52M | 1.82M | 1.63M | 469.13K |
| Accrued Expenses | 2.33M | 2.73M | 5.57M | 5.23M | 5.08M | 1.23M |
| Current Portion of Long-Term Debt | 13.00K | 14.00K | 12.00K | 15.00K | ||
| Current Portion of Leases | 754.00K | 705.00K | 839.00K | 692.00K | 534.00K | 495.13K |
| Current Income Taxes Payable | 87.00K | 157.00K | 110.00K | 528.00K | ||
| Other Current Liabilities | 3.09M | 4.17M | 93.50M | 77.26M | 29.49M | 22.05M |
| Total Current Liabilities | 8.90M | 10.01M | 103.54M | 85.54M | 36.74M | 24.24M |
| Long-Term Debt | 611.00K | 613.00K | 17.36M | 15.91M | 61.73M | 59.31M |
| Long-Term Leases | 1.36M | 1.81M | 2.86M | 3.72M | 1.11M | 1.04M |
| Total Liabilities | 10.87M | 12.43M | 123.77M | 105.17M | 99.58M | 84.58M |
| Common Stock | 37.00K | 36.00K | 8.00K | 6.00K | 5.00K | 42.83K |
| Additional Paid-In Capital | 199.21M | 197.56M | 179.16M | 175.66M | 97.49M | 94.75M |
| Retained Earnings | -200.22M | -196.93M | -179.41M | -152.58M | -99.77M | -50.54M |
| Treasury Stock | -7.00K | -14.79M | ||||
| Comprehensive Income & Other | -1.25M | 401.00K | 357.00K | |||
| Total Common Equity | -973.00K | 667.00K | -1.49M | 23.49M | -1.92M | 29.47M |
| Shareholders' Equity | -972.00K | 668.00K | -1.49M | 23.49M | -1.92M | 29.47M |
| Total Liabilities & Equity | 9.90M | 13.10M | 122.28M | 128.66M | 97.66M | 114.05M |
| Total Debt | 2.73M | 3.14M | 21.08M | 20.34M | 63.38M | 60.84M |
| Net Cash (Debt) | 2.77M | 4.28M | -18.48M | -8.16M | -49.42M | 28.21M |
| Net Cash Per Share | 3.27 | 7.17 | -96.61 | -54.37 | -379.53 | 242.54 |
| Filing Date Shares Outstanding | 1.28M | 1.28M | 238.60K | 171.31K | 146.70K | 123.68K |
| Total Common Shares Outstanding | 1.28M | 1.04M | 229.50K | 171.34K | 142.08K | 122.38K |
| Working Capital | 349.00K | 1.13M | -8.16M | 4.32M | 22.48M | 72.33M |
| Book Value Per Share | -0.76 | 0.64 | -6.51 | 137.10 | -13.53 | 240.80 |
| Tangible Book Value | -1.20M | 412.00K | -22.15M | -8.32M | -35.41M | 15.34M |
| Tangible Book Value Per Share | -0.94 | 0.40 | -96.52 | -48.57 | -249.26 | 125.36 |
| Buildings | 1.36M | |||||
| Machinery | 130.00K | 428.00K | 396.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -18.05M | -17.53M | -26.82M | -53.10M | -49.24M | -35.27M |
| Depreciation & Amortization | 393.00K | 493.00K | 2.26M | 2.55M | 2.82M | 912.68K |
| Other Amortization | 22.00K | 150.00K | 2.26M | 13.13M | 13.98M | 2.99M |
| Loss (Gain) From Sale of Assets | 6.54M | 6.50M | -1.07M | |||
| Asset Writedown & Restructuring Costs | 4.27M | 3.73M | 11.34M | 18.10M | ||
| Stock-Based Compensation | 1.21M | 889.00K | 806.00K | 1.85M | 2.97M | 16.01M |
| Other Operating Activities | 696.00K | 713.00K | 729.00K | 18.84M | -8.69M | 9.83M |
| Change in Accounts Receivable | 36.00K | -38.00K | -155.00K | 297.00K | -1.37M | |
| Change in Inventory | -161.86K | |||||
| Change in Accounts Payable | -1.49M | -1.15M | 1.70M | 189.00K | 1.16M | 443.26K |
| Change in Other Net Operating Assets | -3.14M | -16.80M | 29.08M | 50.46M | 10.92M | -21.92M |
| Operating Cash Flow | -9.53M | -23.04M | 21.19M | 33.16M | -9.34M | -27.17M |
| Capital Expenditures | -71.00K | -79.00K | -47.00K | -108.00K | -162.00K | -158.86K |
| Sale of Property, Plant & Equipment | 4.00K | 4.00K | 2.62M | |||
| Cash Acquisitions | -225.00K | -29.75M | -2.50M | |||
| Sale (Purchase) of Intangibles | -60.00K | -1.32M | -1.76M | -16.50M | ||
| Other Investing Activities | -74.95M | -74.95M | ||||
| Investing Cash Flow | -75.08M | -76.35M | -1.81M | 2.29M | -46.41M | -2.66M |
| Short-Term Debt Issued | 15.00M | 350.00K | ||||
| Long-Term Debt Issued | 76.80M | |||||
| Total Debt Issued | 15.00M | 77.15M | ||||
| Long-Term Debt Repaid | -13.01M | -12.00K | -3.02M | -6.00M | ||
| Total Debt Repaid | -6.00K | -13.01M | -12.00K | -3.02M | -6.00M | |
| Net Debt Issued (Repaid) | -6.00K | 2.00M | -12.00K | -3.02M | -6.00M | 77.15M |
| Issuance of Common Stock | 7.31M | 6.92M | 8.00K | 49.54M | ||
| Repurchase of Common Stock | -24.00K | -24.00K | -229.00K | -4.06M | -10.63M | |
| Other Financing Activities | 5.00M | 5.00M | 7.00K | |||
| Financing Cash Flow | 12.28M | 13.89M | -241.00K | -3.01M | -10.05M | 116.06M |
| Foreign Exchange Rate Adjustments | 592.00K | 904.00K | -430.00K | 44.00K | 357.00K | |
| Miscellaneous Cash Flow Adjustments | 16.72M | 1.49M | ||||
| Net Cash Flow | -71.73M | -84.60M | 18.71M | 32.48M | -48.73M | 87.73M |
| Free Cash Flow | -9.60M | -23.12M | 21.14M | 33.05M | -9.51M | -27.32M |
| Free Cash Flow Margin | -88.06% | -207.71% | 116.44% | 50.18% | -28.89% | -103.88% |
| Free Cash Flow Per Share | -11.34 | -38.70 | 110.55 | 220.28 | -73.01 | -234.93 |
| Levered Free Cash Flow | -10.36M | -11.30M | -5.60M | 15.65M | -48.35M | 16.18M |
| Unlevered Free Cash Flow | -10.01M | -10.23M | -5.91M | 12.81M | -48.49M | 16.26M |
| Cash Interest Paid | 155.00K | 300.00K | 2.71M | 5.75M | 2.50M | |
| Cash Income Tax Paid | 263.00K | 761.00K | 848.00K | 199.00K | ||
| Change in Working Capital | -4.60M | -17.99M | 30.62M | 50.95M | 10.71M | -21.64M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 9.99M | 5.85M | 9.61M | 23.09M | 22.78M | 181.35M |
| Enterprise Value | 5.71M | 7.96M | 27.04M | 79.61M | 72.83M | 153.24M |
| Last Close Price | 7.81 | 5.67 | 45.50 | 145.60 | 160.58 | 1,470.00 |
| PS Ratio | 0.90 | 0.53 | 0.53 | 0.35 | 0.69 | 6.89 |
| PB Ratio | 12.15 | 8.76 | -6.44 | 0.98 | -11.85 | 6.15 |
| P/TBV Ratio | 24.26 | 14.20 | 11.82 | |||
| P/FCF Ratio | 0.46 | 0.70 | ||||
| P/OCF Ratio | 0.45 | 0.70 | ||||
| EV/Sales Ratio | 0.51 | 0.71 | 1.49 | 1.21 | 2.21 | 5.83 |
| EV/FCF Ratio | 1.28 | 2.41 | ||||
| Debt / Equity Ratio | -2.81 | 4.70 | -14.13 | 0.87 | -32.96 | 2.06 |
| Debt / FCF Ratio | 1.00 | 0.61 | ||||
| Net Debt / Equity Ratio | 2.85 | -6.41 | -12.38 | 0.35 | -25.70 | -0.96 |
| Net Debt / EBITDA Ratio | 0.39 | 0.48 | -1.36 | -0.84 | -2.92 | 1.00 |
| Net Debt / FCF Ratio | 0.29 | 0.18 | 0.87 | 0.25 | -5.20 | 1.03 |
| Asset Turnover | 0.18 | 0.16 | 0.14 | 0.58 | 0.31 | 0.42 |
| Quick Ratio | 0.72 | 0.85 | 0.04 | 0.30 | 0.61 | 3.95 |
| Current Ratio | 1.04 | 1.11 | 0.92 | 1.05 | 1.61 | 3.98 |
| Return on Equity (ROE) | -301.19% | -492.41% | -357.49% | -236.32% | ||
| Return on Assets (ROA) | -7.97% | -8.70% | -7.91% | -6.79% | -11.65% | -28.90% |
| Return on Capital Employed (ROCE) | -756.00% | -304.80% | -84.80% | -28.50% | -32.40% | -32.50% |
| Earnings Yield | -175.35% | -299.61% | -279.03% | -230.00% | -216.16% | -19.45% |
| FCF Yield | -231.32% | -395.25% | 219.94% | 143.17% | -41.73% | -15.07% |
| Buyback Yield / Dilution | -212.38% | -212.38% | -27.46% | -15.24% | -11.95% | -36.29% |