Slide 1: Company Presentation
Company Presentation August 2025
Slide 2: Statement Regarding Use of Non-GAAP Financial Measures
Statement Regarding Use of Non-GAAP Financial Measures This presentation includes certain non-GAAP financial measures, which have not been prepared in accordance with generally accepted accounting principles in the United States (GAAP). These non-GAAP financial measures are in addition to, and not a
Slide 3: Cautionary Statement
Cautionary Statement This presentation contains "forward-looking statements," as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as "expects," "plans," "projects," "will," "may," "anticipate," "believes," "shou
Slide 4: Revolutionizing risk management with advanced identity intelligence solutions
Revolutionizing risk management We develop AI/ML-driven identity intelligence and with advanced identity fraud prevention solutions that make the world intelligence solutions a safer place and reduce the cost of doing business.
Slide 5: red violet is an Industry-Leading Identity Intelligence Solutions Provider
red violet is an Industry-Leading Identity Intelligence Solutions Provider Dedicated to making the world a safer place through delivery of industry-leading identity solutions Most Advanced Identity Intelligence Platform AI/ML-driven, cloud-native platform with unique data assets delivering greater i
Slide 6: red violet's Journey to Providing Leading Identity Intelligence Solutions
red violet’s Journey to Providing Leading Identity Intelligence Solutions December 2024 Surpasses $75 million of revenue $80 June 2023 Surpasses 30% Adjusted EBITDA September 2016 margin, reaches nearly 7,500 customers $60 Rebrands as cogint and moves December 2021 to the NASDAQ Achieves GAAP Decemb
Slide 7: Key Growth Drivers
Key Growth Drivers Digital Transformation has Accelerated the Multi-Decade Online Migration Requirements for real-time customer / counterparty verification throughout the customer journey driving demand for automated and scalable identity solutions Emerging Technologies Continue to Drive Business an
Slide 8: The Proliferation of Data Creates Complex Problems for Organizations
Identity Intelligence Presents a Large and Growing Challenge The Proliferation of Data... Mobile E-Commerce Social Digital Transformation ...Creates Complex Problems for Organizations to Navigate 8 © Red Violet, Inc. All Rights Reserved.
Slide 9: Fraud Continues to Evolve, Significantly Impacting All Types of Organizations
Fraud Continues to Evolve, Significantly Impacting All Types of Organizations 98% of financial institutions globally experienced fraud in 2023 with 25% of them losing more than $1M in that time. 2024 State of Fraud Benchmark Report, Alloy 91% of organizations are planning to boost their investment i
Slide 10: Our Intelligent Platform – CORE
Our Intelligent Platform – CORETM red violet’s AI/ML-driven CORE platform ingests, assimilates, and unifies disparate data providing actionable identity intelligence Disparate Data Identity Intelligence With massive data assets consisting of public record, proprietary, and publicly- Identity verific
Slide 11: Why We Win
Why We Win AI/ML-driven, cloud-native platform providing the most advanced and performant identity intelligence Scalable and Intelligent Customizable Interface Solutions Design Scalable and customizable platform meeting the high-volume needs of customers interacting with massive datasets Customer- D
Slide 12: Significant Momentum Builds to Continued Success
Significant Momentum Builds to Continued Success Strong Retention and New Customers Driving Revenue Growth KPIs $75 $60 $53 Revenue $44 97% 77% ($M) $30 $35 Q2’25 Gross Q2’25 Contractual Revenue Revenue Retention 2019 2020 2021 2022 2023 2024 Adj. EBITDA Growth Driven by Strong Top-Line Performance
Slide 13: Highly Experienced Management Team
Highly Experienced Management Team Name and Title Biography Prior Experience ▪ Over 25 years of experience in the data and analytics industry Derek Dubner CEO ▪ Built leading information management companies which sold for an aggregate value of approximately $1 billion James Reilly President ▪ Over
Slide 14: red violet Plays in a Large and Fast-Growing TAM
red violet Plays in a Large and Fast-Growing TAM # of $10B 2028 Forecast Businesses(1) red violet’s Bottom-Up TAM(4) $401B Global Big Data & ( 35% Avg. Penetration ) ( $180k Avg. ACV ) $5.7B Analytics Software Revenue(2) 90,000 $51B 100,000 ( 36% Avg. Penetration ) ( $75k Avg. ACV ) $2.7B Global Ana
Slide 15: red violet's Platform Differentiation
red violet’s Platform Differentiation Technology AI/ML-driven, cloud-native identity intelligence platform drives scale Unified Data Assets CORE ingests, assimilates, and unifies billions of disparate data points to create the leading core consumer identity graph Scalability & Availability Automated
Slide 16: Purpose-Built to Address the Evolution of Identity Intelligence
Purpose-Built to Address the Evolution of Identity Intelligence 1 AI/ML-Driven Platform Data Analytics and Engineering Proprietary, scalable, distributed memory, Data unification / entity resolution at data processing platform scale Superior to “map reduce” frameworks in performance and Graph analys
Slide 17: red violet has the Leading Core Consumer Identity Graph
red violet has the Leading Core Consumer Identity Graph to Address a Multitude of Use Cases 17 © Red Violet, Inc. All Rights Reserved.
Slide 18: IDI
IDI Competitive Differentiation Delivery Methods IDI is a leading-edge Platform Capabilities Competitors AI/ML-driven analytics Cloud-Native Platform and information Mobile Batch solutions provider that AI/ML-Driven Entity Resolution Cloud transforms the way customers interact with Virtually Unlimit
Slide 19: IDI Case Studies
IDI Case Studies 1 Identity Verification, Fraud Prevention & Frictionless Commerce Multinational Financial Services Company Comprehensive identity data and insights are needed to reduce friction, improve conversions, and combat fraud This customer, a $350 billion financial services company, required
Slide 20: IDI Case Studies (Cont'd)
IDI Case Studies (Cont’d) 3 Background Screening Support Leading Global Data & Analytics Company Timely and accurate information is critical to keeping workplaces and businesses safe Customer needed a high-volume performant information solution to validate identity and fully inform applicant locatio
Slide 21: FOREWARN
FOREWARN Truly differentiated B2B offering which can be expanded to serve multiple industries / use cases Competitive Differentiation Features FOREWARN is a leading Platform Capabilities Competitors Identity Instant Risk Enhance verification platform that provides Verification Assessment Professiona
Slide 22: Numerous Opportunities to Accelerate Organic Growth
Numerous Opportunities to Accelerate Organic Growth ▪ Proven, scalable business model with track-record of winning and retaining customers Adoption ▪ Diverse range of use cases presents ample opportunities for increased adoption ▪ Expanded spend from customer base through cross-sell and upsell of of
Slide 23: Scalable Go-To-Market Strategy
Scalable Go-To-Market Strategy ▪ New opportunities are sourced from each of the 3 primary channels below New Customer Acquisition ▪ Once an opportunity is qualified and credentialed for a use case, the customer generally begins with a trial ▪ The trial is followed either by contracting for a minimum
Slide 24: red violet by the Numbers
red violet by the Numbers $82.4M 36% 84% Q2’25 2017 – 2024 Q2’25 TTM Revenue Revenue CAGR Adj. Gross Margin 35% 77% 97% Q2’25 Q2’25 Contractual Q2’25 Gross Revenue Adj. EBITDA Margin Revenue Retention 24 © Red Violet, Inc. All Rights Reserved.
Slide 25: Revenue Highlights
Revenue Highlights Robust Top-Line Momentum Revenue and Adj. Gross Margin ($ in millions) ’17 – ’24 Adj. Gross Margin(1) CAGR: 36% ▪ Consistent revenue growth with a 36% CAGR Revenue from 2017 – 2024 81.4% ‒ Revenue growth and incremental margin continues to expand, with strong pipeline and market t
Slide 26: Adjusted EBITDA Highlights
Adjusted EBITDA Highlights Substantial Operating Leverage Adj. EBITDA and Adj. EBITDA Margin ($ in millions) ’19 – ’24 Adj. EBITDA Margin(1) CAGR: 66% ▪ Continuously proves the unique capabilities and Adj. EBITDA leverage of the business model, maintaining 31.4% strong top line growth while expandin
Slide 27: All things identity.
oles. | All things identity.
Slide 28: Appendix
Appendix
Slide 29: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures (In thousands) 2017 2018 2019 2020 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Net income (loss) $ (21,500) $ (6,868) $ (11,076) $ (6,813) $ (578) $ 1,761 $ 1,256 $ (1,784) $ 107 $ (205) $ 2
Slide 30: Supplemental Metrics and Definitions
Supplemental Metrics and Definitions The following metrics are intended as a supplement to the financial information found in this presentation and other information furnished or filed with the SEC. These supplemental metrics are not necessarily derived from any underlying financial statement amount