Revenue increases 20% over Q2, net income rises 76%
TORONTO, November 3, 2026 — Reklaim Ltd. (TSXV: MYID) (OTCQB: MYIDF) (“Reklaim” or the “Company”), a consumer data privacy and monetization platform that enables individuals to access, control, remove and monetize their personal data, today reported financial results for the three and nine months ended September 30, 2026. All financial amounts are in Canadian dollars.
Reklaim generated record quarterly revenue of $3,156,313, up 187.1% from Q3 2025 and 19.9% from Q2 2026.
Net income reached $1,272,063, up 76.0% from the second quarter and compared with a net loss of $514,636 in the prior-year period.
Gross profit increased 36.5% sequentially to $2,752,814, while gross margin expanded to 87.2% from 76.6%. Operating expenses increased 15.7% over Q2.
During Q3 2026, the Company repurchased 5,149,000 common shares under its Normal Course Issuer Bid (NCIB), bringing total repurchases for the first nine months of 2026 to 11,275,000 common shares. Subsequent to quarter-end, on October 5, 2026, the Company canceled the 5,149,000 shares repurchased during Q3, bringing total cancellations to 11,275,000 common shares.
For the first nine months of 2026, Reklaim generated $7,592,647 in revenue, $2,359,914 in net income, and $1,733,522 in cash from operating activities.
Q3 2026 Financial Results
- Revenue increased 187.1% to $3,156,313 from $1,099,363 in Q3 2025.
- Gross profit increased 232.8% to $2,752,814 from $827,259 in Q3 2025.
- Gross margin expanded to 87.2%, compared with 75.3% in Q3 2025 and 76.6% in Q2 2026.
- Operating expenses totaled $1,506,070, an increase of 12.2% from $1,342,472 in Q3 2025.
- Net income was $1,272,063, compared with a net loss of $514,636 in Q3 2025, marking Reklaim’s third consecutive profitable quarter.
U.S. Trading Market Upgrade
Reklaim upgraded its U.S. trading market from OTC Pink to the OTCQB Venture Market, increasing visibility among U.S. investors and supporting the Company’s efforts to broaden its shareholder base.
Reklaim’s U.S. trading symbol, MYIDF, remains unchanged.
Proposed Debenture Amendment
The Company proposes to amend its senior secured convertible debentures issued in October 2025 under its $500,000 financing to give holders the option, but not the obligation, to convert outstanding principal into common shares before the scheduled maturity date of October 29, 2028, at the existing conversion price of $0.105 per common share.