Red Violet employs 107 staff … (8) Platform revenue consists of both contractual and transactional revenue generated from our data fusion technology platform, CORE. Top institutional investors include Venator Capital Management Ltd. (2.87%), Wasatch Advisors Inc. (2.81%), BlackRock Inc. (2.67%), Acuitas Investments LLC (0.68%), Acuitas Investments LLC (0.68%) and State Street Corp (0.63%). Company profile page for Red Violet Inc including stock price, company news, press releases, executives, board members, and contact information The cost of revenue, which consists primarily of third-party servicer costs, is variable.  Investor Relations Contact: Camilo Ramirez Red Violet, Inc. 561-757-4500 ir@redviolet.com. Red Violet is scheduled to release its next quarterly earnings announcement on Thursday, March 11th 2021. RED VIOLET, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (Amounts in thousands, except share data) (unaudited)    September 30, 2020  December 31, 2019  ASSETS:        Current assets:        Cash and cash equivalents$12,441  $11,776  Accounts receivable, net of allowance for doubtful accounts of $20 and $40 as of September 30, 2020 and December 31, 2019, respectively 2,920   3,543  Prepaid expenses and other current assets 616   722  Total current assets 15,977   16,041  Property and equipment, net 555   660  Intangible assets, net 26,977   24,034  Goodwill 5,227   5,227  Right-of-use assets 2,279   2,620  Other noncurrent assets 93   289  Total assets$51,108  $48,871  LIABILITIES AND SHAREHOLDERS' EQUITY:        Current liabilities:        Accounts payable$2,199  $2,138  Accrued expenses and other current liabilities 775   1,571  Current portion of operating lease liabilities 536   491  Current portion of long-term loan 1,059   -  Deferred revenue 180   128  Total current liabilities 4,749   4,328  Noncurrent operating lease liabilities 2,052   2,459  Long-term loan 1,093   -  Total liabilities 7,894   6,787  Shareholders' equity:        Preferred stock—$0.001 par value, 10,000,000 shares authorized, and 0 shares issued and outstanding, as of September 30, 2020 and December 31, 2019 -   -  Common stock—$0.001 par value, 200,000,000 shares authorized, 12,371,665 and 11,657,912 shares issued, 12,146,910 and 11,554,765 shares outstanding, as of September 30, 2020 and December 31, 2019 13   12  Treasury stock, at cost, 224,755 and 103,147 shares as of September 30, 2020 and December 31, 2019 (3,083)  (1,255) Additional paid-in capital 67,082   59,187  Accumulated deficit (20,798)  (15,860) Total shareholders' equity 43,214   42,084  Total liabilities and shareholders' equity$51,108  $48,871  RED VIOLET, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Amounts in thousands, except share data) (unaudited)    Three Months Ended September 30,  Nine Months Ended September 30,   2020  2019  2020  2019  Revenue$9,267  $8,257  $25,623  $21,236  Costs and expenses(1):                Cost of revenue (exclusive of depreciation and amortization) 2,703   3,122   8,582   8,843  Sales and marketing expenses 2,217   1,925   6,139   5,428  General and administrative expenses 4,147   3,498   12,844   11,259  Depreciation and amortization 1,118   750   3,020   2,049  Total costs and expenses 10,185   9,295   30,585   27,579  Loss from operations (918)  (1,038)  (4,962)  (6,343) Interest (expense) income, net (7)  46   24   123  Loss before income taxes (925)  (992)  (4,938)  (6,220) Income taxes -   -   -   -  Net loss$(925) $(992) $(4,938) $(6,220) Loss per share:                Basic and diluted$(0.08) $(0.09) $(0.42) $(0.59) Weighted average number of shares outstanding:                Basic and diluted 12,072,716   10,917,673   11,758,907   10,497,036                                    (1) Share-based compensation expense in each category:                Sales and marketing expenses$151  $114  $460  $290  General and administrative expenses 1,702   1,293   5,956   5,000  Total$1,853  $1,407  $6,416  $5,290  RED VIOLET, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Amounts in thousands) (unaudited)    Nine Months Ended September 30,   2020  2019  CASH FLOWS FROM OPERATING ACTIVITIES:        Net loss$(4,938) $(6,220) Adjustments to reconcile net loss to net cash provided by operating activities:        Depreciation and amortization 3,020   2,049  Share-based compensation expense 6,416   5,290  Write-off of long-lived assets 117   30  Provision for bad debts 360   398  Noncash lease expenses 341   313  Interest expense 7   -  Changes in assets and liabilities:        Accounts receivable 263   (1,458) Prepaid expenses and other current assets 106   40  Other noncurrent assets 109   254  Accounts payable 61   235  Accrued expenses and other current liabilities (803)  (183) Deferred revenue 52   9  Operating lease liabilities (362)  (322) Net cash provided by operating activities 4,749   435  CASH FLOWS FROM INVESTING ACTIVITIES:        Purchase of property and equipment (98)  (71) Capitalized costs included in intangible assets (4,310)  (4,413) Net cash used in investing activities (4,408)  (4,484) CASH FLOWS FROM FINANCING ACTIVITIES:        Proceeds from issuance of shares, net of issuance costs -   7,436  Proceeds from long-term loan 2,152   -  Taxes paid related to net share settlement of vesting of restricted stock units (1,828)  -  Net cash provided by financing activities 324   7,436  Net increase in cash and cash equivalents$665  $3,387  Cash and cash equivalents at beginning of period 11,776   9,950  Cash and cash equivalents at end of period$12,441  $13,337  SUPPLEMENTAL DISCLOSURE INFORMATION        Cash paid for interest$-  $-  Cash paid for income taxes$-  $-  Share-based compensation capitalized in intangible assets$1,480  $526  Right-of-use assets obtained in exchange of operating lease liabilities$-  $3,042  Operating lease liabilities arising from obtaining right-of-use assets$-  $3,387  Use and Reconciliation of Non-GAAP Financial MeasuresManagement evaluates the financial performance of our business on a variety of key indicators, including non-GAAP metrics of adjusted EBITDA, adjusted gross profit and adjusted gross margin. (5) Revenue from new customers represents the total monthly revenue generated from new customers in a given period. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Stay up to date with Red Violet Inc stock news. We define adjusted gross profit as revenue less cost of revenue (exclusive of depreciation and amortization), and adjusted gross margin as adjusted gross profit as a percentage of revenue. Three Months Ended September 30,  Three Months Ended  Nine Months Ended September 30,  (In thousands)2020  2019  June 30, 2020  2020  2019  Net loss$(925) $(992) $(2,532) $(4,938) $(6,220) Interest expense (income), net 7   (46)  -   (24)  (123) Depreciation and amortization 1,118   750   992   3,020   2,049  Share-based compensation expense 1,853   1,407   2,342   6,416   5,290  Write-off of long-lived assets and others 35   18   106   252   95  Adjusted EBITDA$2,088  $1,137  $908  $4,726  $1,091  The following is a reconciliation of gross profit, the most directly comparable GAAP financial measure, to adjusted gross profit: Three Months Ended September 30,  Three Months Ended  Nine Months Ended September 30,  (In thousands)2020  2019  June 30, 2020  2020  2019  Revenue$9,267  $8,257  $7,056  $25,623  $21,236  Cost of revenue (exclusive of depreciation and amortization) (2,703)  (3,122)  (2,587)  (8,582)  (8,843) Depreciation and amortization of intangible assets (1,063)  (689)  (934)  (2,847)  (1,860) Gross profit 5,501   4,446   3,535   14,194   10,533  Depreciation and amortization of intangible assets 1,063   689   934   2,847   1,860  Adjusted gross profit$6,564  $5,135  $4,469  $17,041  $12,393                       Gross margin 59%  54%  50%  55%  50% Adjusted gross margin 71%  62%  63%  67%  58% In order to assist readers of our condensed consolidated financial statements in understanding the operating results that management uses to evaluate the business and for financial planning purposes, we present non-GAAP measures of adjusted EBITDA, adjusted gross profit and adjusted gross margin as supplemental measures of our operating performance. Our cloud-based, data fusion technology platform, combined with our … How has Red Violet's stock price been impacted by Coronavirus? Get the latest Red Violet Inc (RDVT) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. RDVT stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., and Morgan Stanley. Find the latest Red Violet, Inc. (RDVT) stock quote, history, news and other vital information to help you with your stock trading and investing. Red Violet, Inc. is a software and services company specializing in big data analysis, providing cloud-based, mission-critical information solutions to enterprises in a variety of industries. And search more of iStock's library of royalty-free vector art that features Assistance graphics available for quick and easy download. (Add your “underperform” vote.). Red Violet, Inc. Common Stock (RDVT) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. NEW YORK, NY / ACCESSWIRE / November 10, 2020 / Red Violet, Inc. Do Not Sell My Information. Red Violet Videos - Download 6,941 stock videos with Red Violet for FREE or amazingly low rates! The clock just started on the biggest financial event in 20 years. These supplemental metrics are not necessarily derived from any underlying financial statement amounts. Some companies that are related to Red Violet include Endurance International Group (EIGI), Upland Software (UPLD), Talend (TLND), 3D Systems (DDD), QAD (QADA), Cango (CANG), Opera (OPRA), SecureWorks (SCWX), QAD (QADB), MobileIron (MOBL), NCC Group (NCCGF), PDF Solutions (PDFS), Magic Software Enterprises (MGIC), Landcadia Holdings II (LCA) and Avid Technology (AVID). * Strong revenue growth from existing customer expansion. Red Violet last posted its earnings data on August 11th, 2020. A high-level overview of Red Violet, Inc. (RDVT) stock. To access the live audio webcast, visit the Investors section of the red violet website at www.redviolet.com. Red Violet (NASDAQ:RDVT) Earnings Information. View insider buying and selling activity for Red Violet or view top insider-selling stocks. Plans; Investments; Free education; Help; Sign up Log in ‹ All Investments. We're not expecting Red Violet to pay a dividend over the next 12 months. (6) Base revenue from existing customers represents the total monthly revenue generated from existing customers in a given period that does not exceed the customers' trailing six-month average revenue. Find out more about how you can short Red Violet stock. It offers idiCORE, an investigative solution used to address various organizational challenges, which include due diligence, risk mitigation, identity authentication, and legislative compliance; and FOREWARN, an app-based solution that provides instant knowledge before face-to-face engagement with a consumer, and help professionals to identify and mitigate risk. It excludes expansion revenue and revenue from FOREWARN. FOREWARN, LLC, a red violet company (NASDAQ: RDVT) and the leading provider of real-time information solutions for real estate agents, today announced that the Utah Central Association of … Show section. The P/E ratio of Red Violet is -31.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Get daily stock ideas top-performing Wall Street analysts. View Red Violet's earnings history. It includes all revenue generated through our idiCORE and FOREWARN solutions. Real time Red Violet, Inc. (RDVT) stock price quote, stock graph, news & analysis. MarketBeat does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Huge collection, amazing choice, 100+ million high quality, affordable RF and RM images. View the latest news on RDVT company insiders for best stock investing positioning. View the real-time RDVT price chart on Robinhood and decide if you want to buy or sell commission-free. At red violet, we believe that time is your most valuable asset. ), Red Violet has received 78 “underperform” votes. Search from Red Violet stock photos, pictures and royalty-free images from iStock. In addition, we use them as an integral part of our internal reporting to measure the performance and operating strength of our business.We believe adjusted EBITDA, adjusted gross profit and adjusted gross margin are relevant and provide useful information frequently used by securities analysts, investors and other interested parties in their evaluation of the operating performance of companies similar to ours and are indicators of the operational strength of our business. Only 6.00% of the stock of Red Violet is held by insiders. RED VIOLET, INC. : News, information and stories for RED VIOLET, INC. | Nasdaq: RDVT | Nasdaq (3) Contractual revenue % represents revenue generated from customers pursuant to pricing contracts containing a monthly fee and any additional overage divided by total revenue. Such forward looking statements are subject to risks and uncertainties that are often difficult to predict, are beyond our control and which may cause results to differ materially from expectations, including the impact of the Covid-19 pandemic on our current and future results of operations and whether we will continue to drive growth for the foreseeable future. Adjusted gross margin increased to 71% from 62%. Learn more. © 2020 Verizon Media. Red Violet share dividends. Buy Red Violet Inc stock (RDVT). Company insiders that own Red Violet stock include Derek Dubner, James Patrick Reilly, Michael Brauser, Peter Benz and Timothy Heydenreich Harned. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. This hue is typically more vibrant than its red violet counterpart, which tends to be deeper and more muted. Following the completion of the conference call, a replay will be available for approximately one week by dialing (855) 859-2056 or (404) 537-3406 with the replay passcode 1356743. We believe they provide useful information to our investors as they eliminate the impact of certain items that we do not consider indicative of our cash operations and ongoing operating performance. The reported ($0.22) EPS for the quarter. Get the latest Red Violet, Inc. RDVT detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Discover new investment ideas by accessing unbiased, in-depth investment research, NasdaqGS - NasdaqGS Real Time Price. Third Quarter and Recent Business Highlights * Our high-margin, platform revenue demonstrated accelerated growth throughout the third quarter. So Red Violet for me represents a 2.63% weight in the portfolio, making it the smallest position overall, as well as being the smallest market cap in the portfolio at ~$270 million as of … Invest in Red Violet Inc stock and others … Export data to Excel for your own analysis. View the latest Red Violet Inc. (RDVT) stock price, news, historical charts, analyst ratings and financial information from WSJ. Magenta pieces appeared in collections from countless top designers. Learn about financial terms, types of investments, trading strategies and more. Looking for new stock ideas? Revenue attrition percentage is calculated on a trailing twelve-month basis, the numerator of which is the revenue lost during the period due to attrition, net of reinstated revenue, and the denominator of which is total revenue based on an average of total revenue at the beginning of each month during the period. Company insiders that have bought Red Violet stock in the last two years include Derek Dubner, James Patrick Reilly, Michael Brauser, Peter Benz, and Timothy Heydenreich Harned. Fundamental company data provided by Morningstar and Zacks Investment Research. MarketBeat just released five new trading ideas, but Red Violet wasn't one of them. View our earnings forecast for Red Violet. * Cash and cash equivalents were $12.4 million as of September 30, 2020. To see all exchange delays and terms of use please see disclaimer. RED VIOLET ORD. iStock Set Of Needles With Threads Of Red Violet And Blue Colors Vector Illustration Stock Illustration - Download Image Now Download this Set Of Needles With Threads Of Red Violet And Blue Colors Vector Illustration vector illustration now. Red Violet's management team includes the following people: Start Your Risk-Free Trial Subscription Here. 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View the latest news, technical analysis and opinions specializes in data analysis, fundamentals trading.