New York, New York - Reklaim Ltd. (TSXV: MYID) (OTC Pink: MYIDF) ("Reklaim") today announced its financial results for the three and nine months ended September 30, 2025.
Year-to-date revenue increased 10% over the same period last year, driven by demand for compliant, permissioned consumer data and continued distribution growth with platform partners. Q3 revenue was $1.1 million, with gross margins of 75%, consistent with the Company's long-term target range.
During the quarter, Reklaim continued to invest in its expanded product suite, including Reklaim Protect, Reklaim Jackpot, and Reklaim Invest, to diversify revenue and strengthen the Company's position heading into 2026. These investments, combined with disciplined capital allocation, contributed to a temporary increase in operating expenses but are expected to support meaningful growth beginning next year.
Reklaim strengthened its balance sheet in Q3 through the full repayment of its outstanding debenture, active share repurchases under its NCIB, and warrant exercises that contributed additional capital. The Company ended the quarter with $400,000 in cash, consistent with Q2, and positive shareholder equity of $464,000.
"With 20 U.S. states now implementing comprehensive privacy laws, demand for compliant, user-consented data continues to accelerate across brands and platforms," said Neil Sweeney, CEO. "Reklaim remains uniquely positioned to help partners navigate this regulatory environment while offering consumers greater choice through both Reklaim Rewards and Reklaim Protect."
Reklaim continues to prioritize profitability, disciplined growth, and the expansion of its consumer subscription and B2B data businesses.
Other Corporate Updates
Reklaim is pleased to announce the completion of its previously disclosed $500,000 senior secured debenture financing, which has now received final approval from the TSX Venture Exchange. The debenture carries a 12% annual interest rate, a three-year term, and 50% warrant coverage, exercisable at $0.14 per share. The financing strengthens the Company's balance sheet and provides additional flexibility to support ongoing product development and commercial expansion initiatives.
About Reklaim
Reklaim is North America's leading consumer-driven data and privacy platform. Through Reklaim Rewards, consumers can monetize their data transparently and with consent. At the same time, enables individuals to remove their personal information from data brokers, monitor dark web exposure, and manage state-level privacy requests. Reklaim offers brands and platforms access to high-fidelity, permissioned consumer data that adheres to evolving privacy regulations across the United States and Canada.