Red Violet (RDVT) Financials

$36.72 -0.71 (-1.90%)

Closing price 04/17/2025 04:00 PM Eastern

Extended Trading

$36.71 -0.01 (-0.03%)

As of 04/17/2025 04:05 PM Eastern

Annual Income Statements for Red Violet

This table shows Red Violet's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	0.62	14	7.00
Consolidated Net Income / (Loss)	0.62	14	7.00
Net Income / (Loss) Continuing Operations	0.62	14	7.00
Total Pre-Tax Income	0.71	3.84	9.32
Total Operating Income	0.36	2.50	7.92
Total Gross Profit	41	47	61
Total Revenue	53	60	75
Operating Revenue	53	60	75
Total Cost of Revenue	12	13	14
Operating Cost of Revenue	12	13	14
Total Operating Expenses	41	45	53
Selling, General & Admin Expense	23	22	26
Marketing Expense	11	14	18
Depreciation Expense	6.68	8.35	9.56
Total Other Income / (Expense), net	0.35	1.33	1.40
Interest Expense	0.00	0.00	0.00
Interest & Investment Income	0.35	1.33	1.40
Income Tax Expense	0.10	-9.69	2.32
Basic Earnings per Share	$0.04	$0.97	$0.51
Weighted Average Basic Shares Outstanding	13.76M	13.97M	13.86M
Diluted Earnings per Share	$0.04	$0.96	$0.50
Weighted Average Diluted Shares Outstanding	14.11M	14.13M	14.13M
Weighted Average Basic & Diluted Shares Outstanding	13.96M	13.96M	13.94M
Cash Dividends to Common per Share	-	-	$0.30

This table shows Red Violet's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	2.26	-1.54	0.72	1.39	12	-1.07	1.78	2.64	1.72	0.86
Consolidated Net Income / (Loss)	2.26	-1.54	0.72	1.39	12	-1.07	1.78	2.64	1.72	0.86
Net Income / (Loss) Continuing Operations	2.26	-1.54	0.72	1.39	12	-1.07	1.78	2.64	1.72	0.86
Total Pre-Tax Income	2.28	-1.69	0.69	1.55	2.11	-0.51	2.35	3.38	2.85	0.74
Total Operating Income	2.16	-1.92	0.40	1.23	1.77	-0.90	1.98	3.07	2.50	0.37
Total Gross Profit	12	7.10	15	11	16	5.23	14	16	19	13
Total Revenue	15	13	15	15	16	15	18	19	19	20
Operating Revenue	15	13	15	15	16	15	18	19	19	20
Total Cost of Revenue	3.07	5.97	0.00	3.24	0.00	9.83	3.76	3.46	0.00	6.79
Total Operating Expenses	9.80	9.01	14	10	14	6.13	12	13	17	12
Selling, General & Admin Expense	5.47	7.12	5.24	5.08	5.22	6.91	5.79	5.75	5.99	8.34
Marketing Expense	2.62	3.00	3.89	3.08	3.37	3.50	3.71	4.41	4.82	4.90
Depreciation Expense	1.71	1.82	1.92	2.05	2.17	2.21	2.27	2.38	2.43	2.48
Total Other Income / (Expense), net	0.13	0.23	0.29	0.32	0.35	0.39	0.37	0.31	0.35	0.37
Interest & Investment Income	0.13	0.23	0.29	0.32	0.35	0.39	0.37	0.31	0.35	0.37
Income Tax Expense	0.03	-0.15	-0.03	0.16	-10	0.56	0.56	0.75	1.13	-0.12
Basic Earnings per Share	$0.16	($0.12)	$0.05	$0.10	$0.90	($0.08)	$0.13	$0.19	$0.12	$0.07
Weighted Average Basic Shares Outstanding	13.75M	13.76M	14.00M	13.96M	13.95M	13.97M	14.00M	13.78M	13.78M	13.86M
Diluted Earnings per Share	$0.16	($0.12)	$0.05	$0.10	$0.87	($0.06)	$0.13	$0.19	$0.12	$0.06
Weighted Average Diluted Shares Outstanding	13.76M	14.11M	14.24M	14.17M	14.33M	14.13M	14.16M	14.05M	14.31M	14.13M
Weighted Average Basic & Diluted Shares Outstanding	13.89M	13.96M	13.92M	13.91M	13.94M	13.96M	13.73M	13.73M	13.79M	13.94M

This table details how cash moves in and out of Red Violet's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Change in Cash & Equivalents	-2.45	0.22	4.47
Net Cash From Operating Activities	12	15	24
Net Cash From Continuing Operating Activities	12	15	24
Net Income / (Loss) Continuing Operations	0.62	14	7.00
Consolidated Net Income / (Loss)	0.62	14	7.00
Depreciation Expense	6.68	8.35	9.56
Non-Cash Adjustments To Reconcile Net Income	6.40	7.06	6.93
Changes in Operating Assets and Liabilities, net	-1.24	-14	0.46
Net Cash From Investing Activities	-8.83	-9.15	-9.57
Net Cash From Continuing Investing Activities	-8.83	-9.15	-9.57
Purchase of Property, Plant & Equipment	-8.83	-9.15	-9.57
Net Cash From Financing Activities	-6.08	-5.70	-9.92
Net Cash From Continuing Financing Activities	-6.08	-5.70	-9.92
Repurchase of Common Equity	-0.88	-3.71	-5.85
Other Financing Activities, net	-5.20	-1.99	-4.07
Cash Interest Paid	0.00	0.00	0.00
Cash Income Taxes Paid	0.04	0.08	0.61

This table details how cash moves in and out of Red Violet's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-1.06	0.54	-0.99	0.55	2.84	-2.18	0.12	-1.20	4.80	0.76
Net Cash From Operating Activities	3.15	4.36	1.53	3.55	5.79	4.20	4.31	5.72	7.25	6.69
Net Cash From Continuing Operating Activities	3.15	4.36	1.53	3.55	5.79	4.20	4.31	5.72	7.25	6.69
Net Income / (Loss) Continuing Operations	2.26	-1.54	0.72	1.39	12	-1.07	1.78	2.64	1.72	0.86
Consolidated Net Income / (Loss)	2.26	-1.54	0.72	1.39	12	-1.07	1.78	2.64	1.72	0.86
Depreciation Expense	1.71	1.82	1.92	2.05	2.17	2.21	2.27	2.38	2.43	2.48
Non-Cash Adjustments To Reconcile Net Income	1.45	1.83	2.20	1.57	1.65	1.64	1.61	1.69	1.98	1.66
Changes in Operating Assets and Liabilities, net	-2.28	2.26	-3.30	-1.47	-11	1.43	-1.36	-0.98	1.12	1.69
Net Cash From Investing Activities	-2.30	-2.42	-2.32	-2.24	-2.46	-2.13	-2.39	-2.46	-2.42	-2.30
Net Cash From Continuing Investing Activities	-2.30	-2.42	-2.32	-2.24	-2.46	-2.13	-2.39	-2.46	-2.42	-2.30
Purchase of Property, Plant & Equipment	-2.30	-2.42	-2.32	-2.24	-2.46	-2.13	-2.39	-2.46	-2.42	-2.30
Net Cash From Financing Activities	-1.90	-1.40	-0.21	-0.75	-0.49	-4.26	-1.80	-4.46	-0.03	-3.64
Net Cash From Continuing Financing Activities	-1.90	-1.40	-0.21	-0.75	-0.49	-4.26	-1.80	-4.46	-0.03	-3.64
Other Financing Activities, net	-1.54	-0.89	-0.03	-0.02	-0.15	-1.80	-0.38	-0.02	-0.03	-3.64
Cash Income Taxes Paid	0.04	0.00	0.00	0.02	-0.08	0.14	0.00	0.44	-0.96	1.13

This table presents Red Violet's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	77	93	99
Total Current Assets	38	40	46
Cash & Equivalents	32	32	37
Accounts Receivable	5.54	7.14	8.06
Prepaid Expenses	0.77	1.11	1.63
Plant, Property, & Equipment, net	0.71	0.59	0.55
Total Noncurrent Assets	39	52	52
Goodwill	5.23	5.23	5.23
Intangible Assets	32	34	36
Noncurrent Deferred & Refundable Income Taxes	0.00	9.51	7.50
Other Noncurrent Operating Assets	1.72	2.97	3.07
Total Liabilities & Shareholders' Equity	77	93	99
Total Liabilities	6.32	6.88	12
Total Current Liabilities	5.44	4.88	10
Accounts Payable	2.23	1.63	2.13
Accrued Expenses	1.85	1.99	2.88
Dividends Payable	-	0.00	4.18
Current Deferred Revenue	0.67	0.69	0.71
Other Current Liabilities	0.69	0.57	0.41
Total Noncurrent Liabilities	0.89	2.00	1.59
Other Noncurrent Operating Liabilities	0.60	2.00	1.59
Total Equity & Noncontrolling Interests	71	86	87
Total Preferred & Common Equity	71	86	87
Preferred Stock	0.00	0.00	0.00
Total Common Equity	71	86	87
Common Stock	92	94	88
Retained Earnings	-21	-7.87	-0.87
Treasury Stock	0.00	-0.19	0.00

This table presents Red Violet's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	77	78	80	95	94	93	98
Total Current Assets	39	38	39	42	42	40	46
Cash & Equivalents	31	31	31	34	32	31	36
Accounts Receivable	6.47	5.89	6.56	6.81	7.87	7.96	8.46
Prepaid Expenses	0.85	1.31	1.33	1.18	1.49	1.48	1.73
Plant, Property, & Equipment, net	0.66	0.69	0.64	0.63	0.60	0.60	0.58
Total Noncurrent Assets	37	40	40	52	52	52	51
Goodwill	5.23	5.23	5.23	5.23	5.23	5.23	5.23
Intangible Assets	31	33	33	34	35	35	36
Noncurrent Deferred & Refundable Income Taxes	-	-	-	10	9.04	8.43	7.46
Other Noncurrent Operating Assets	1.39	1.86	1.59	3.22	2.68	3.32	3.03
Total Liabilities & Shareholders' Equity	77	78	80	95	94	93	98
Total Liabilities	4.55	4.90	4.11	5.59	10	5.45	6.30
Total Current Liabilities	3.37	4.23	3.48	3.44	8.33	3.69	4.62
Accounts Payable	1.60	2.35	1.69	1.99	2.35	1.97	2.79
Accrued Expenses	0.56	0.41	0.42	0.37	4.74	0.59	0.80
Current Deferred Revenue	0.54	0.76	0.63	0.53	0.65	0.60	0.57
Other Current Liabilities	0.67	0.71	0.73	0.55	0.59	0.53	0.47
Total Noncurrent Liabilities	1.18	0.67	0.63	2.15	1.85	1.77	1.68
Noncurrent Deferred & Payable Income Tax Liabilities	0.41	0.26	0.41	0.00	0.00	0.00	0.00
Other Noncurrent Operating Liabilities	0.78	0.41	0.22	2.15	1.85	1.77	1.68
Total Equity & Noncontrolling Interests	72	73	76	90	84	88	92
Total Preferred & Common Equity	72	73	76	90	84	88	92
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	72	73	76	90	84	88	92
Common Stock	92	94	95	97	94	92	93
Retained Earnings	-20	-21	-19	-6.80	-6.09	-3.45	-1.73
Treasury Stock	-0.02	-0.20	-0.05	-0.17	-4.14	-0.24	0.00

This table displays calculated financial ratios and metrics derived from Red Violet's official financial filings.

Metric	2022	2023	2024
Growth Metrics	-	-	-
Revenue Growth	21.12%	12.92%	24.89%
EBITDA Growth	72.28%	54.29%	61.04%
EBIT Growth	127.45%	593.63%	216.29%
NOPAT Growth	130.93%	2,726.10%	-32.58%
Net Income Growth	-5.95%	2,096.27%	-48.24%
EPS Growth	-20.00%	2,300.00%	-47.92%
Operating Cash Flow Growth	39.24%	20.96%	58.98%
Free Cash Flow Firm Growth	-4.36%	-57.13%	195.84%
Invested Capital Growth	11.69%	37.67%	0.42%
Revenue Q/Q Growth	3.52%	3.42%	6.37%
EBITDA Q/Q Growth	0.27%	15.02%	9.63%
EBIT Q/Q Growth	-47.76%	68.96%	19.03%
NOPAT Q/Q Growth	-1.67%	21.08%	42.41%
Net Income Q/Q Growth	63.83%	3.63%	38.13%
EPS Q/Q Growth	0.00%	6.67%	31.58%
Operating Cash Flow Q/Q Growth	23.96%	-1.02%	11.58%
Free Cash Flow Firm Q/Q Growth	19.88%	18.32%	53.29%
Invested Capital Q/Q Growth	-3.91%	-2.53%	-2.89%
Profitability Metrics	-	-	-
Gross Margin	77.10%	78.29%	81.38%
EBITDA Margin	13.20%	18.03%	23.25%
Operating Margin	0.68%	4.16%	10.53%
EBIT Margin	0.68%	4.16%	10.53%
Profit (Net Income) Margin	1.16%	22.47%	9.31%
Tax Burden Percent	86.52%	352.50%	75.14%
Interest Burden Percent	197.23%	153.27%	117.68%
Effective Tax Rate	13.48%	-252.50%	24.86%
Return on Invested Capital (ROIC)	0.84%	18.91%	10.98%
ROIC Less NNEP Spread (ROIC-NNEP)	-0.08%	4.18%	7.71%
Return on Net Nonoperating Assets (RNNOA)	0.04%	-1.70%	-2.87%
Return on Equity (ROE)	0.88%	17.21%	8.11%
Cash Return on Invested Capital (CROIC)	-10.21%	-12.79%	10.56%
Operating Return on Assets (OROA)	0.48%	2.94%	8.27%
Return on Assets (ROA)	0.81%	15.88%	7.31%
Return on Common Equity (ROCE)	0.88%	17.21%	8.11%
Return on Equity Simple (ROE_SIMPLE)	0.87%	15.71%	8.08%
Net Operating Profit after Tax (NOPAT)	0.31	8.83	5.95
NOPAT Margin	0.59%	14.66%	7.91%
Net Nonoperating Expense Percent (NNEP)	0.92%	14.73%	3.27%
Return On Investment Capital (ROIC_SIMPLE)	-	10.25%	6.87%
Cost of Revenue to Revenue	22.90%	21.71%	18.62%
SG&A Expenses to Revenue	43.58%	37.28%	34.41%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	76.42%	74.13%	70.85%
Earnings before Interest and Taxes (EBIT)	0.36	2.50	7.92
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	7.04	11	17
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	4.50	3.21	5.72
Price to Tangible Book Value (P/TBV)	9.35	5.94	10.90
Price to Revenue (P/Rev)	6.00	4.59	6.59
Price to Earnings (P/E)	519.21	20.41	70.70
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	0.19%	4.90%	1.41%
Enterprise Value to Invested Capital (EV/IC)	7.33	4.51	8.44
Enterprise Value to Revenue (EV/Rev)	5.40	4.05	6.10
Enterprise Value to EBITDA (EV/EBITDA)	40.94	22.48	26.23
Enterprise Value to EBIT (EV/EBIT)	797.85	97.46	57.91
Enterprise Value to NOPAT (EV/NOPAT)	922.20	27.65	77.07
Enterprise Value to Operating Cash Flow (EV/OCF)	23.12	16.19	19.14
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	80.15
Leverage & Solvency	-	-	-
Debt to Equity	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00
Financial Leverage	-0.47	-0.41	-0.37
Leverage Ratio	1.08	1.08	1.11
Compound Leverage Factor	2.13	1.66	1.30
Debt to Total Capital	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00
Altman Z-Score	31.18	25.16	26.42
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	7.01	8.26	4.48
Quick Ratio	6.87	8.03	4.32
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-3.80	-5.97	5.72
Operating Cash Flow to CapEx	141.11%	164.78%	250.44%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00
Efficiency Ratios	-	-	-
Asset Turnover	0.70	0.71	0.79
Accounts Receivable Turnover	11.50	9.50	9.90
Inventory Turnover	0.00	0.00	0.00
Fixed Asset Turnover	82.92	92.55	132.26
Accounts Payable Turnover	6.37	6.77	7.45
Days Sales Outstanding (DSO)	31.73	38.41	36.88
Days Inventory Outstanding (DIO)	0.00	0.00	0.00
Days Payable Outstanding (DPO)	57.30	53.90	49.00
Cash Conversion Cycle (CCC)	-25.57	-15.50	-12.11
Capital & Investment Metrics	-	-	-
Invested Capital	39	54	54
Invested Capital Turnover	1.43	1.29	1.39
Increase / (Decrease) in Invested Capital	4.11	15	0.23
Enterprise Value (EV)	288	244	459
Market Capitalization	320	276	495
Book Value per Share	$5.12	$6.18	$6.28
Tangible Book Value per Share	$2.46	$3.33	$3.29
Total Capital	71	86	87
Total Debt	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00
Net Debt	-32	-32	-37
Capital Expenditures (CapEx)	8.83	9.15	9.57
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.87	3.37	-0.62
Debt-free Net Working Capital (DFNWC)	33	35	36
Net Working Capital (NWC)	33	35	36
Net Nonoperating Expense (NNE)	-0.30	-4.70	-1.05
Net Nonoperating Obligations (NNO)	-32	-32	-32
Total Depreciation and Amortization (D&A)	6.68	8.35	9.56
Debt-free, Cash-free Net Working Capital to Revenue	1.63%	5.60%	-0.82%
Debt-free Net Working Capital to Revenue	61.29%	58.80%	47.73%
Net Working Capital to Revenue	61.29%	58.80%	47.73%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.04	$0.97	$0.51
Adjusted Weighted Average Basic Shares Outstanding	13.76M	13.97M	13.86M
Adjusted Diluted Earnings per Share	$0.04	$0.96	$0.50
Adjusted Weighted Average Diluted Shares Outstanding	14.11M	14.13M	14.13M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	13.96M	13.96M	13.94M
Normalized Net Operating Profit after Tax (NOPAT)	0.31	1.75	5.95
Normalized NOPAT Margin	0.59%	2.91%	7.91%
Pre Tax Income Margin	1.34%	6.38%	12.40%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%
Augmented Payout Ratio	142.53%	27.43%	83.58%

This table displays calculated financial ratios and metrics derived from Red Violet's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	28.78%	16.09%	14.90%	17.50%	5.40%	15.24%	19.73%	29.81%	20.33%	29.91%
EBITDA Growth	48.88%	15.70%	27.66%	126.38%	1.68%	1,390.20%	83.56%	65.65%	25.30%	116.72%
EBIT Growth	71.95%	-20.79%	42.70%	865.84%	-18.21%	53.31%	394.51%	148.82%	41.53%	141.45%
NOPAT Growth	70.07%	-20.79%	291.98%	1,080.97%	389.47%	53.31%	260.51%	116.38%	-85.58%	169.15%
Net Income Growth	79.78%	13.45%	569.16%	777.07%	453.37%	30.70%	149.16%	89.99%	-86.24%	180.65%
EPS Growth	77.78%	0.00%	400.00%	1,100.00%	443.75%	50.00%	160.00%	90.00%	-86.21%	200.00%
Operating Cash Flow Growth	-9.21%	123.42%	-37.00%	40.48%	84.07%	-3.56%	181.19%	61.18%	25.19%	59.16%
Free Cash Flow Firm Growth	-78.17%	-45.75%	-199.58%	-157.30%	-41.92%	-182.80%	-32.23%	-80.67%	125.53%	101.32%
Invested Capital Growth	14.13%	11.69%	16.90%	18.04%	35.71%	37.67%	21.36%	28.50%	0.80%	0.42%
Revenue Q/Q Growth	20.27%	-13.02%	11.91%	0.37%	7.88%	-4.90%	16.27%	8.82%	0.01%	2.67%
EBITDA Q/Q Growth	166.60%	-102.64%	2,371.57%	41.86%	19.74%	-66.57%	223.18%	28.03%	-9.42%	-42.17%
EBIT Q/Q Growth	1,440.37%	-188.83%	120.92%	207.48%	43.15%	-150.71%	321.56%	54.72%	-18.58%	-85.15%
NOPAT Q/Q Growth	1,993.85%	-162.87%	131.14%	164.53%	844.96%	-106.00%	340.49%	58.77%	-37.04%	-71.23%
Net Income Q/Q Growth	1,201.46%	-168.38%	146.37%	93.85%	800.22%	-108.56%	266.73%	47.81%	-34.81%	-49.80%
EPS Q/Q Growth	1,700.00%	-175.00%	141.67%	100.00%	770.00%	-106.90%	316.67%	46.15%	-36.84%	-50.00%
Operating Cash Flow Q/Q Growth	24.55%	38.60%	-64.88%	131.68%	63.21%	-27.38%	2.40%	32.80%	26.76%	-7.67%
Free Cash Flow Firm Q/Q Growth	-32.52%	-86.42%	-5.27%	1.06%	26.91%	-271.47%	50.78%	-35.19%	110.33%	-80.73%
Invested Capital Q/Q Growth	8.69%	-3.91%	8.45%	4.22%	24.96%	-2.53%	-4.40%	10.36%	-1.98%	-2.89%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	79.59%	54.29%	100.00%	77.93%	100.00%	34.74%	78.55%	81.87%	100.00%	65.32%
EBITDA Margin	25.76%	-0.78%	15.84%	22.39%	24.85%	8.74%	24.29%	28.57%	25.88%	14.58%
Operating Margin	14.36%	-14.67%	2.74%	8.40%	11.14%	-5.94%	11.32%	16.10%	13.11%	1.90%
EBIT Margin	14.36%	-14.67%	2.74%	8.40%	11.14%	-5.94%	11.32%	16.10%	13.11%	1.90%
Profit (Net Income) Margin	15.03%	-11.81%	4.90%	9.46%	78.90%	-7.10%	10.19%	13.84%	9.02%	4.41%
Tax Burden Percent	98.90%	91.25%	104.22%	89.66%	591.90%	210.63%	75.98%	77.97%	60.29%	116.78%
Interest Burden Percent	105.79%	88.26%	171.32%	125.55%	119.60%	56.76%	118.41%	110.23%	114.13%	199.19%
Effective Tax Rate	1.10%	0.00%	-4.22%	10.34%	-491.90%	0.00%	24.02%	22.03%	39.71%	-16.78%
Return on Invested Capital (ROIC)	19.08%	-14.71%	3.99%	10.54%	79.70%	-5.36%	11.51%	16.70%	10.03%	3.07%
ROIC Less NNEP Spread (ROIC-NNEP)	18.52%	-14.09%	3.08%	9.66%	73.44%	-3.98%	10.63%	15.91%	9.42%	1.74%
Return on Net Nonoperating Assets (RNNOA)	-6.82%	6.63%	-1.40%	-4.22%	-29.72%	1.61%	-4.26%	-6.05%	-3.63%	-0.65%
Return on Equity (ROE)	12.26%	-8.08%	2.59%	6.32%	49.98%	-3.75%	7.26%	10.64%	6.40%	2.43%
Cash Return on Invested Capital (CROIC)	-12.37%	-10.21%	-14.25%	-11.99%	-15.17%	-12.79%	3.71%	0.28%	6.70%	10.56%
Operating Return on Assets (OROA)	11.34%	-10.30%	1.95%	6.24%	7.54%	-4.20%	8.29%	12.53%	9.59%	1.49%
Return on Assets (ROA)	11.86%	-8.30%	3.49%	7.02%	53.41%	-5.02%	7.46%	10.77%	6.60%	3.46%
Return on Common Equity (ROCE)	12.26%	-8.08%	2.59%	6.32%	49.98%	-3.75%	7.26%	10.64%	6.40%	2.43%
Return on Equity Simple (ROE_SIMPLE)	0.52%	0.00%	1.67%	3.72%	14.56%	0.00%	17.41%	18.01%	5.53%	0.00%
Net Operating Profit after Tax (NOPAT)	2.13	-1.34	0.42	1.11	10	-0.63	1.51	2.39	1.51	0.43
NOPAT Margin	14.20%	-10.27%	2.86%	7.53%	65.97%	-4.16%	8.60%	12.55%	7.90%	2.21%
Net Nonoperating Expense Percent (NNEP)	0.55%	-0.61%	0.91%	0.89%	6.26%	-1.39%	0.88%	0.79%	0.61%	1.34%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-0.73%	-	-	-	0.50%
Cost of Revenue to Revenue	20.41%	45.71%	0.00%	22.07%	0.00%	65.26%	21.45%	18.13%	0.00%	34.68%
SG&A Expenses to Revenue	36.37%	54.47%	35.83%	34.57%	32.98%	45.86%	33.06%	30.17%	31.45%	42.63%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	65.23%	68.96%	97.26%	69.53%	88.86%	40.68%	67.23%	65.77%	86.89%	63.42%
Earnings before Interest and Taxes (EBIT)	2.16	-1.92	0.40	1.23	1.77	-0.90	1.98	3.07	2.50	0.37
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	3.87	-0.10	2.32	3.29	3.94	1.32	4.25	5.45	4.93	2.85
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.29	4.50	3.35	3.78	3.10	3.21	3.26	3.96	4.26	5.72
Price to Tangible Book Value (P/TBV)	6.58	9.35	6.89	7.66	5.52	5.94	6.25	7.38	7.70	10.90
Price to Revenue (P/Rev)	4.61	6.00	4.45	4.99	4.78	4.59	4.33	5.17	5.53	6.59
Price to Earnings (P/E)	631.86	519.21	200.55	101.59	21.33	20.41	18.70	22.01	77.05	70.70
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.16%	0.19%	0.50%	0.98%	4.69%	4.90%	5.35%	4.54%	1.30%	1.41%
Enterprise Value to Invested Capital (EV/IC)	5.05	7.33	5.04	5.74	4.40	4.51	4.66	5.57	6.35	8.44
Enterprise Value to Revenue (EV/Rev)	4.01	5.40	3.89	4.44	4.20	4.05	3.82	4.71	5.02	6.10
Enterprise Value to EBITDA (EV/EBITDA)	29.40	40.94	28.50	27.20	25.87	22.48	18.83	21.26	22.26	26.23
Enterprise Value to EBIT (EV/EBIT)	298.56	797.85	446.68	135.95	164.78	97.46	58.95	53.68	53.34	57.91
Enterprise Value to NOPAT (EV/NOPAT)	649.53	922.20	407.30	136.34	33.50	27.65	22.21	24.84	84.93	77.07
Enterprise Value to Operating Cash Flow (EV/OCF)	20.53	23.12	18.59	20.26	16.04	16.19	13.50	15.88	16.53	19.14
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	137.77	2,273.57	95.08	80.15
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.37	-0.47	-0.45	-0.44	-0.40	-0.41	-0.40	-0.38	-0.39	-0.37
Leverage Ratio	1.08	1.08	1.07	1.06	1.06	1.08	1.10	1.06	1.07	1.11
Compound Leverage Factor	1.14	0.95	1.84	1.33	1.27	0.62	1.30	1.17	1.22	2.21
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	32.25	31.09	30.95	42.77	30.97	25.04	17.17	39.62	38.52	26.17
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	11.45	7.01	8.99	11.29	12.28	8.26	4.98	10.95	9.95	4.48
Quick Ratio	11.20	6.87	8.68	10.91	11.94	8.03	4.80	10.55	9.58	4.32
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-2.93	-5.45	-5.74	-5.68	-4.15	-15	-7.59	-10	1.06	0.20
Operating Cash Flow to CapEx	136.98%	180.20%	66.08%	158.14%	235.42%	197.65%	179.97%	232.12%	300.08%	291.29%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.79	0.70	0.71	0.74	0.68	0.71	0.73	0.78	0.73	0.79
Accounts Receivable Turnover	9.80	11.50	10.57	10.72	8.77	9.50	9.17	9.29	9.26	9.90
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	82.35	82.92	83.85	87.57	90.18	92.55	97.59	108.99	117.03	132.26
Accounts Payable Turnover	6.19	6.37	3.95	7.82	5.14	6.77	7.16	9.30	7.14	7.45
Days Sales Outstanding (DSO)	37.25	31.73	34.54	34.06	41.63	38.41	39.80	39.28	39.41	36.88
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	58.99	57.30	92.41	46.69	71.01	53.90	50.96	39.23	51.15	49.00
Cash Conversion Cycle (CCC)	-21.74	-25.57	-57.87	-12.63	-29.38	-15.50	-11.15	0.04	-11.74	-12.11
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	41	39	43	44	55	54	52	57	56	54
Invested Capital Turnover	1.34	1.43	1.40	1.40	1.21	1.29	1.34	1.33	1.27	1.39
Increase / (Decrease) in Invested Capital	5.06	4.11	6.16	6.79	15	15	9.10	13	0.45	0.23
Enterprise Value (EV)	206	288	215	255	244	244	241	318	355	459
Market Capitalization	238	320	246	286	278	276	273	349	391	495
Book Value per Share	$5.26	$5.12	$5.26	$5.44	$6.45	$6.18	$6.00	$6.41	$6.68	$6.28
Tangible Book Value per Share	$2.63	$2.46	$2.56	$2.68	$3.63	$3.33	$3.13	$3.44	$3.69	$3.29
Total Capital	72	71	73	76	90	86	84	88	92	87
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-31	-32	-31	-31	-34	-32	-32	-31	-36	-37
Capital Expenditures (CapEx)	2.30	2.42	2.32	2.24	2.46	2.13	2.39	2.46	2.42	2.30
Debt-free, Cash-free Net Working Capital (DFCFNWC)	3.95	0.87	2.97	4.41	4.55	3.37	1.03	5.76	5.57	-0.62
Debt-free Net Working Capital (DFNWC)	35	33	34	36	39	35	33	37	41	36
Net Working Capital (NWC)	35	33	34	36	39	35	33	37	41	36
Net Nonoperating Expense (NNE)	-0.12	0.20	-0.30	-0.28	-2.05	0.44	-0.28	-0.24	-0.21	-0.43
Net Nonoperating Obligations (NNO)	-31	-32	-31	-31	-34	-32	-32	-31	-36	-32
Total Depreciation and Amortization (D&A)	1.71	1.82	1.92	2.05	2.17	2.21	2.27	2.38	2.43	2.48
Debt-free, Cash-free Net Working Capital to Revenue	7.67%	1.63%	5.38%	7.67%	7.81%	5.60%	1.63%	8.53%	7.88%	-0.82%
Debt-free Net Working Capital to Revenue	68.39%	61.29%	61.19%	62.32%	66.58%	58.80%	52.58%	54.40%	58.46%	47.73%
Net Working Capital to Revenue	68.39%	61.29%	61.19%	62.32%	66.58%	58.80%	52.58%	54.40%	58.46%	47.73%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.16	($0.12)	$0.05	$0.10	$0.90	($0.08)	$0.13	$0.19	$0.12	$0.07
Adjusted Weighted Average Basic Shares Outstanding	13.75M	13.76M	14.00M	13.96M	13.95M	13.97M	14.00M	13.78M	13.78M	13.86M
Adjusted Diluted Earnings per Share	$0.16	($0.12)	$0.05	$0.10	$0.87	($0.06)	$0.13	$0.19	$0.12	$0.06
Adjusted Weighted Average Diluted Shares Outstanding	13.76M	14.11M	14.24M	14.17M	14.33M	14.13M	14.16M	14.05M	14.31M	14.13M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	13.89M	13.96M	13.92M	13.91M	13.94M	13.96M	13.73M	13.73M	13.79M	13.94M
Normalized Net Operating Profit after Tax (NOPAT)	2.13	-1.34	0.28	1.11	1.24	-0.63	1.51	2.39	1.51	0.26
Normalized NOPAT Margin	14.20%	-10.27%	1.92%	7.53%	7.80%	-4.16%	8.60%	12.55%	7.90%	1.33%
Pre Tax Income Margin	15.19%	-12.95%	4.70%	10.55%	13.33%	-3.37%	13.41%	17.75%	14.96%	3.78%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	97.07%	142.53%	85.96%	63.45%	13.51%	27.43%	33.92%	54.61%	163.96%	83.58%

Frequently Asked Questions About Red Violet's Financials

When does Red Violet's financial year end?

According to the most recent income statement we have on file, Red Violet's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Red Violet's net income changed over the last 2 years?

Red Violet's net income appears to be on an upward trend, with a most recent value of $7.00 million in 2024, rising from $616 thousand in 2022. The previous period was $13.53 million in 2023.

What is Red Violet's operating income?

Red Violet's total operating income in 2024 was $7.92 million, based on the following breakdown:

Total Gross Profit: $61.19 million
Total Operating Expenses: $53.27 million

How has Red Violet revenue changed over the last 2 years?

Over the last 2 years, Red Violet's total revenue changed from $53.32 million in 2022 to $75.19 million in 2024, a change of 41.0%.

How much debt does Red Violet have?

Red Violet's total liabilities were at $11.90 million at the end of 2024, a 73.0% increase from 2023, and a 88.2% increase since 2022.

How much cash does Red Violet have?

In the past 2 years, Red Violet's cash and equivalents has ranged from $31.81 million in 2022 to $36.50 million in 2024, and is currently $36.50 million as of their latest financial filing in 2024.

How has Red Violet's book value per share changed over the last 2 years?

Over the last 2 years, Red Violet's book value per share changed from 5.12 in 2022 to 6.28 in 2024, a change of 22.8%.

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This page (NASDAQ:RDVT) was last updated on 4/18/2025 by MarketBeat.com Staff

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Red Violet (RDVT) Financials

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Red Violet (RDVT) Financials

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