Red Violet, Inc., an analytics and information solutions company, specializes in proprietary technologies and applying analytical capabilities to deliver identity intelligence in the United States. It offers idiCORE, an investigative solution used to address various organizational challenges, which include due diligence, risk mitigation, identity authentication, fraud detection and prevention, customer acquisition, and regulatory compliance; and FOREWARN, an app-based solution that provides instant knowledge before face-to-face engagement with a consumer, as well as helps professionals to identify and mitigate risk. The company serves financial services, insurance, healthcare, retail, telecommunication companies, law enforcement and government agencies, collections, law, corporate security, and investigative firms. It markets its products and services through value-added distributors, resellers, and strategic partners; and trade shows and seminars, advertising, public relations, distribution of sales literature, and product specifications and ongoing communication with prospective customers, distributors, resellers, strategic partners, and installed base of current customers, as well as through direct sales. Red Violet, Inc. was incorporated in 2017 and is headquartered in Boca Raton, Florida.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $90M | $24M | $13M | $18M | 13.0% | 20.0% | 87.8% |
| 2024 | $75M | $17M | $7M | $14M | 8.1% | 24.9% | -48.2% |
| 2023 | $60M | $11M | $14M | $6M | 15.7% | 12.9% | 2096.3% |
| 2022 | $53M | $7M | $1M | $4M | 0.9% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 53.32 | 60.20 | 75.19 | 90.25 |
| Operating Revenue | - | 53.32 | 60.20 | 75.19 | 90.25 |
| Cost Of Revenue | - | 12.21 | 13.07 | 14 | 14.68 |
| Gross Profit | - | 41.11 | 47.14 | 61.19 | 75.58 |
| Operating Expense | - | 40.75 | 44.63 | 53.27 | 62.44 |
| Selling General And Administration | - | 34.07 | 36.28 | 43.71 | 51.77 |
| Total Expenses | - | 52.96 | 57.70 | 67.27 | 77.11 |
| Operating Income | - | 0.36 | 2.50 | 7.92 | 13.14 |
| Total Operating Income As Reported | - | 0.36 | 2.50 | 7.92 | 13.14 |
| EBITDA | - | 7.04 | 10.86 | 17.48 | 23.81 |
| Normalized EBITDA | - | 7.04 | 10.86 | 17.48 | 23.81 |
| EBIT | - | 0.36 | 2.50 | 7.92 | 13.14 |
| Interest Income | - | - | 1.33 | 1.40 | 1.42 |
| Net Interest Income | - | 0.35 | 1.33 | 1.40 | 1.42 |
| Other Income Expense | 2.17 | - | - | - | - |
| Interest Income Non Operating | - | - | 1.33 | 1.40 | 1.42 |
| Net Non Operating Interest Income Expense | - | 0.35 | 1.33 | 1.40 | 1.42 |
| Pretax Income | - | 0.71 | 3.84 | 9.32 | 14.56 |
| Tax Provision | - | 0.10 | -9.69 | 2.32 | 1.40 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 0.62 | 13.53 | 7 | 13.15 |
| Net Income From Continuing And Discontinued Operation | - | 0.62 | 13.53 | 7 | 13.15 |
| Net Income From Continuing Operation Net Minority Interest | - | 0.62 | 13.53 | 7 | 13.15 |
| Net Income | - | 0.62 | 13.53 | 7 | 13.15 |
| Net Income Common Stockholders | - | 0.62 | 13.53 | 7 | 13.15 |
| Net Income Including Noncontrolling Interests | - | 0.62 | 13.53 | 7 | 13.15 |
| Normalized Income | - | 0.62 | 13.53 | 7 | 13.15 |
| Diluted NI Availto Com Stockholders | - | 0.62 | 13.53 | 7 | 13.15 |
| Basic Average Shares | - | 13.76 | 13.97 | 13.86 | 14.04 |
| Diluted Average Shares | - | 14.11 | 14.13 | 14.13 | 14.40 |
| Reconciled Depreciation | - | 6.68 | 8.35 | 9.56 | 10.67 |
| Reconciled Cost Of Revenue | - | 12.21 | 13.07 | 14 | 14.68 |
| Total Unusual Items | 2.17 | 0 | - | - | - |
| Total Unusual Items Excluding Goodwill | 2.17 | 0 | - | - | - |
| Special Income Charges | 2.17 | 0 | - | - | - |
| Other Special Charges | -2.17 | - | - | - | - |
| Depreciation Amortization Depletion Income Statement | - | 6.68 | 8.35 | 9.56 | 10.67 |
| Depreciation And Amortization In Income Statement | - | 6.68 | 8.35 | 9.56 | 10.67 |
| General And Administrative Expense | - | 23.24 | 22.45 | 25.88 | 30.02 |
| Other Gand A | - | 23.24 | 22.45 | 25.88 | 30.02 |
| Total Other Finance Cost | 0.01 | -0.35 | -1.33 | - | - |
| Selling And Marketing Expense | - | 10.83 | 13.83 | 17.84 | 21.75 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Red Violet, Inc.this co. | RDVT | $763M | 58.01↑ premium | 7.56 | 13.0% | 30.34 |
| Cantaloupe, Inc. | CTLP | $826M | 12.91 | 3.25 | 25.2% | 19.06 |
| Ibotta, Inc. | IBTA | $764M | 213.61 | 2.65 | 1.2% | 80.56 |
| PagerDuty, Inc. | PD | $733M | 4.21 | 2.89 | 68.6% | 17.07 |
| Sabre Corporation | SABR | $731M | 1.39 |
| - |
| - |
| - |
| - |
| -0.70 |
| -49.9% |
| 13.78 |
| Daily Journal Corporation | DJCO | $728M | 6.49 | 1.86 | 28.7% | 4.81 |
| N-able, Inc. | NABL | $723M | - | 0.90 | -2.1% | 12.64 |
| Mitek Systems, Inc. | MITK | $719M | 81.70 | 2.99 | 3.7% | 18.48 |
| Frequency Electronics, Inc. | FEIM | $713M | 30.09 | 12.81 | 42.6% | 50.11 |
| Peer Median | - | 12.91 | 2.77 | 14.4% | 17.77 | |
Historically, May has averaged the highest return (+19.3%); Jan the lowest (-11.1%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -20.1%Negative MonthJan 2026: -20.14% | -4.8%Negative MonthFeb 2026: -4.77% | -20.1%Negative MonthMar 2026: -20.11% | +8.2%Positive MonthApr 2026: +8.18% | +51.9%Positive MonthMay 2026: +51.86% | +12.1%Positive MonthJun 2026: +12.10% | +8.9%Positive MonthJul 2026: +8.88% | +0.5%*Neutral MonthAug 2026: +0.55% | — | — | — | — |
| 2025 | +0.6%Neutral MonthJan 2025: +0.55% | +11.6%Positive MonthFeb 2025: +11.59% | -7.5%Negative MonthMar 2025: -7.46% | +3.9%Positive MonthApr 2025: +3.91% | +24.3%Positive MonthMay 2025: +24.32% | +1.3%Neutral MonthJun 2025: +1.32% | -9.9%Negative MonthJul 2025: -9.90% | +13.3%Positive MonthAug 2025: +13.33% | +4.0%Positive MonthSep 2025: +4.00% | +2.6%Positive MonthOct 2025: +2.64% | +1.0%Neutral MonthNov 2025: +1.04% | +5.1%Positive MonthDec 2025: +5.09% |
| 2024 | -6.5%Negative MonthJan 2024: -6.46% | -4.4%Negative MonthFeb 2024: -4.39% | +9.5%Positive MonthMar 2024: +9.46% | -14.2%Negative MonthApr 2024: -14.17% | +25.0%Positive MonthMay 2024: +24.97% | +21.1%Positive MonthJun 2024: +21.13% | +1.4%Neutral MonthJul 2024: +1.42% | +12.2%Positive MonthAug 2024: +12.19% | -1.6%Neutral MonthSep 2024: -1.56% | +5.7%Positive MonthOct 2024: +5.73% | +22.3%Positive MonthNov 2024: +22.34% | -1.6%Neutral MonthDec 2024: -1.63% |
| 2023 | +3.3%Positive MonthJan 2023: +3.28% | -14.3%Negative MonthFeb 2023: -14.32% | -13.6%Negative MonthMar 2023: -13.60% | -2.8%Negative MonthApr 2023: -2.84% | +15.3%Positive MonthMay 2023: +15.32% | +4.3%Positive MonthJun 2023: +4.31% | +0.7%Neutral MonthJul 2023: +0.68% | -0.7%Neutral MonthAug 2023: -0.72% | -2.7%Negative MonthSep 2023: -2.68% | -1.1%Neutral MonthOct 2023: -1.10% | +5.7%Positive MonthNov 2023: +5.71% | -4.5%Negative MonthDec 2023: -4.54% |
| 2022 | -32.5%Negative MonthJan 2022: -32.50% | -1.3%Neutral MonthFeb 2022: -1.31% | +7.8%Positive MonthMar 2022: +7.79% | -8.5%Negative MonthApr 2022: -8.49% | -6.2%Negative MonthMay 2022: -6.25% | -22.1%Negative MonthJun 2022: -22.13% | +23.9%Positive MonthJul 2022: +23.95% | -19.5%Negative MonthAug 2022: -19.53% | -8.8%Negative MonthSep 2022: -8.79% | +0.7%Neutral MonthOct 2022: +0.69% | +30.7%Positive MonthNov 2022: +30.73% | +1.0%Neutral MonthDec 2022: +0.96% |
| 2021 | — | — | — | — | +5.7%Positive MonthMay 2021: +5.67% | +7.0%Positive MonthJun 2021: +7.01% | +2.6%Positive MonthJul 2021: +2.64% | +18.7%Positive MonthAug 2021: +18.68% | -9.9%Negative MonthSep 2021: -9.91% | +23.4%Positive MonthOct 2021: +23.40% | +14.2%Positive MonthNov 2021: +14.16% | +9.2%Positive MonthDec 2021: +9.16% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.