RDVT · Red Violet, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $90.25M | $75.19M | $60.20M | $53.32M | $44.02M | $34.59M |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $30.02M | $25.88M | $22.45M | $23.24M | $19.81M | $17.83M |
| Total Operating Expenses | $77.11M | $67.27M | $57.70M | $52.96M | $45.34M | $41.42M |
| D&A | $10.67M | $9.56M | $8.35M | $6.67M | $5.40M | $4.22M |
| Operating Income | $13.14M | $7.92M | $2.50M | $361.0K | ($1.31M) | ($6.83M) |
| Interest Expense | - | - | - | $0 | $11.0K | $12.0K |
| Income Tax | $1.40M | $2.32M | ($9.69M) | $96.0K | $0 | - |
| Net Income | $13.15M | $7.00M | $13.53M | $616.0K | $655.0K | ($6.81M) |
| EPS - Basic | $0.94 | $0.51 | $0.97 | $0.04 | ($0.57) | - |
| EPS - Diluted | $0.91 | $0.50 | $0.96 | $0.04 | ($0.57) | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $43.56M | $36.50M | $32.03M | $31.81M | $34.26M | $12.96M |
| Accounts Receivable | $10.70M | $8.06M | $7.13M | $5.54M | $3.74M | $3.20M |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $1.98M | $2.13M | $1.63M | $2.23M | $1.60M | $2.08M |
| Current Assets | $56.53M | $46.19M | $40.28M | $38.12M | $38.59M | $16.74M |
| Total Assets | $112.01M | $98.53M | $92.99M | $77.41M | $74.38M | $51.99M |
| Current Liabilities | $7.87M | $10.31M | $4.88M | $5.44M | $3.46M | $5.04M |
| Long-term Debt | - | - | - | - | $0 | $1.70M |
| Total Liabilities | $11.09M | $11.90M | $6.88M | $6.32M | $4.95M | $8.65M |
| Stockholders' Equity | $100.93M | $86.63M | $86.11M | $71.09M | $69.43M | $43.34M |
| Retained Earnings | $12.28M | ($870.0K) | ($7.87M) | ($21.40M) | ($22.02M) | ($22.67M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $29.35M | $23.96M | $15.07M | $12.46M | $8.95M | $6.52M |
| Investing Cash Flow | ($11.16M) | ($9.57M) | ($9.15M) | ($8.83M) | ($5.24M) | ($5.66M) |
| Financing Cash Flow | ($11.14M) | ($9.92M) | ($5.70M) | ($6.08M) | $17.60M | $324.0K |
| CapEx | $563.0K | $169.0K | $122.0K | $373.0K | $280.0K | $154.0K |
| Free Cash Flow | $28.79M | $23.79M | $14.95M | $12.09M | $8.67M | $6.37M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 14.6% | 10.5% | 4.2% | 0.7% | -3.0% | -19.8% |
| EBITDA margin | 26.4% | 23.3% | 18.0% | 13.2% | 9.3% | -7.6% |
| Net margin | 14.6% | 9.3% | 22.5% | 1.2% | 1.5% | -19.7% |
| Free cash flow margin | 31.9% | 31.6% | 24.8% | 22.7% | 19.7% | 18.4% |
| FCF / Net income | 2.19 | 3.40 | 1.10 | 19.62 | 13.23 | -0.93 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 33.3% | 34.4% | 37.3% | 43.6% | 45.0% | 51.5% |
| Effective tax rate | 9.6% | 24.9% | -252.5% | 13.5% | 0.0% | - |
| Return on assets | 11.7% | 7.1% | 14.5% | 0.8% | 0.9% | -13.1% |
| Return on equity | 13.0% | 8.1% | 15.7% | 0.9% | 0.9% | -15.7% |
| Return on invested capital | - | - | - | - | -1.9% | - |
| Liquidity | ||||||
| Current ratio | 7.18 | 4.48 | 8.26 | 7.01 | 11.16 | 3.32 |
| Quick ratio | 7.18 | 4.48 | 8.26 | 7.01 | 11.16 | 3.32 |
| Cash ratio | 5.53 | 3.54 | 6.57 | 5.85 | 9.91 | 2.57 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | 0.00 | 0.04 |
| Debt / Assets | - | - | - | - | 0.00 | 0.03 |
| Debt / EBITDA | - | - | - | - | 0.00 | - |
| Interest coverage | - | - | - | - | -119.5x | -569.3x |
| Equity multiplier | 1.11 | 1.14 | 1.08 | 1.09 | 1.07 | 1.20 |
| Liabilities / Assets | 0.10 | 0.12 | 0.07 | 0.08 | 0.07 | 0.17 |
| Efficiency | ||||||
| Asset turnover | 0.81 | 0.76 | 0.65 | 0.69 | 0.59 | 0.67 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 43d | 39d | 43d | 38d | 31d | 34d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 62.6x | 72.4x | 20.8x | 575.5x | - | - |
| P / B | 8.1x | 5.9x | 3.3x | 4.6x | 6.8x | - |
| P / S | 9.1x | 6.8x | 4.7x | 6.1x | 10.7x | - |
| EV / EBITDA | 32.6x | 27.2x | 23.0x | 41.6x | 106.9x | - |
| Growth | ||||||
| Revenue growth (YoY) | 20.0% | 24.9% | 12.9% | 21.1% | 27.3% | 14.2% |
| Revenue CAGR (3y) | 19.2% | 19.5% | 20.3% | 20.7% | 72.5% | - |
| Revenue CAGR (5y) | 21.1% | 19.9% | 47.7% | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 65.9% | 216.3% | 593.6% | - | 80.7% | 39.1% |
| Net income growth (YoY) | 87.8% | -48.2% | 2096.3% | -6.0% | - | 38.5% |
| EPS growth (YoY) | 82.0% | -47.9% | 2300.0% | - | - | - |
| EPS CAGR (3y) | 183.4% | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | 21.0% | 59.1% | 23.7% | 39.4% | 36.2% | 308.8% |
| FCF CAGR (5y) | 35.2% | 72.5% | - | - | - | - |
| Book value growth (YoY) | 16.5% | 0.6% | 21.1% | 2.4% | 60.2% | 3.0% |
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
5.40
Safe
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing Red Violet against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months · -100.0% YoY
| Ex-date | Per share |
|---|---|
| Jan 31, 2025 | $0.3000 |