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Reklaim Ltd. Reports Record 73% Revenue Growth in Q1 2025 and Launches Subscription Privacy Service
Reklaim Ltd. Reports Record 73% Revenue Growth in Q1 2025 and Launches Subscription Privacy Servi...
About this update from Reklaim Ltd
[{"type":"text","content":"\n\n\n\n Reklaim Ltd. Reports Record 73% Revenue Growth in Q1 2025 and Launches Subscription Privacy Service\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n Reklaim Protect adds high-margin recurring revenue; platform demand drives 94% growth in privacy-compliant data sales\n \n\n\n\n\n NEW YORK\n \n\n ,\n \n\n May 22, 2025\n \n\n /CNW/ -\n \n Reklaim\n \n (TSXV: MYID) (OTC: MYIDF), a leader in consumer data privacy and compliant data monetization, today announced its financial results for the three months ended\n \n March 31, 2025\n \n .\n \n\n\n\n\n\n\n\n\n\n Q1 2025 Financial Highlights\n \n\n\n\n Revenue:\n \n $1,262,191\n \n (up 73% YoY)\n \n\n Gross Margin: 81% (vs. 82% in Q1 2024)\n \n\n EBITDA: -\n \n $134,677\n \n (vs. -\n \n $102,886\n \n in Q1 2024)\n \n\n Net Income: -\n \n $221,645\n \n (vs. -\n \n $170,624\n \n in Q1 2024)\n \n\n\n \"We started 2025 with momentum, achieving record revenue and expanding into new B2B platforms,\" said\n \n\n Neil Sweeney\n \n\n , CEO of\n \n Reklaim\n \n . \"The demand for privacy-compliant data is accelerating, and Reklaim is uniquely positioned to meet it. With\n \n Reklaim Protect\n \n , we're expanding our consumer offering and unlocking a new, high-margin recurring revenue stream aligned with our mission to give people control of their data.\"\n \n\n\n Monetization and Protection: Reklaim's Dual-Offering Strategy\n \n\n\n Reklaim now serves both privacy-conscious and data-monetization-minded consumers via its two core offerings:\n \n\n\n Reklaim Rewards, where users choose to share their data in exchange for compensation from brands and platforms, and\n \n\n Reklaim\n \n Protect\n \n is a subscription service that enables users to remove their personal information from data brokers and people finder sites and monitor the dark web for exposure.\n \n\n\n These services enable Reklaim to operate across the full spectrum of the consumer data economy, providing privacy-compliant monetization or privacy-first protection b...