RDVT - Red Violet Inc Stock Price, Fair Value and News

20.41USD+0.02 (+0.10%)Delayed

Market Summary

USD20.41+0.02

Delayed

0.10%

RDVT Stock Price

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RDVT RSI Chart

RDVT Valuation

Market Cap

280.2M

Price/Earnings (Trailing)

19.2

Price/Sales (Trailing)

4.44

EV/EBITDA

17.47

Price/Free Cashflow

15.83

RDVT Price/Sales (Trailing)

RDVT Profitability

EBT Margin

8.72%

Return on Equity

17.41%

Return on Assets

15.52%

Free Cashflow Yield

6.32%

RDVT Fundamentals

RDVT Revenue

Revenue (TTM)

63.1M

Rev. Growth (Yr)

19.73%

Rev. Growth (Qtr)

16.27%

RDVT Earnings

Earnings (TTM)

14.6M

Earnings Growth (Yr)

149.16%

Earnings Growth (Qtr)

266.73%

Breaking Down RDVT Revenue

Last 7 days

0.2%

Last 30 days

13.0%

Last 90 days

10.8%

Trailing 12 Months

-2.9%

How does RDVT drawdown profile look like?

RDVT Financial Health

Current Ratio

4.98

RDVT Investor Care

Buy Backs (1Y)

1.34%

Diluted EPS (TTM)

1.03

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	63.1M	0	0	0
2023	55.2M	57.4M	58.2M	60.2M
2022	46.5M	48.1M	51.5M	53.3M
2021	35.5M	39.3M	41.7M	44.0M
2020	33.9M	33.7M	34.7M	34.6M
2019	18.7M	22.0M	25.9M	30.3M
2018	10.3M	12.2M	14.3M	16.3M
2017	0	0	0	8.6M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Red Violet Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 23, 2024	stanton lisa m.	acquired	-	-	3,335	-
Jan 12, 2024	livek william paul	bought	90,137	18.403	4,898	-
Jan 11, 2024	livek william paul	bought	36.2	18.1	2.00	-
Jan 05, 2024	livek william paul	acquired	-	-	4,150	-
Nov 30, 2023	benz peter	acquired	-	-	10,800	-
Nov 30, 2023	maclachlan daniel	acquired	-	-	40,000	chief financial officer
Nov 30, 2023	reilly james patrick	acquired	-	-	40,000	president
Nov 30, 2023	rubin steven d	acquired	-	-	10,800	-
Nov 30, 2023	swayman robert	acquired	-	-	9,000	-
Nov 30, 2023	dubner derek	acquired	-	-	40,000	ceo

Which funds bought or sold RDVT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Ancora Advisors LLC	new	-	899,495	899,495	0.02%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-38.93	-14,729	21,896	-%
May 16, 2024	COMERICA BANK	new	-	273	273	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	reduced	-8.95	-228,542	1,874,220	-%
May 15, 2024	CITADEL ADVISORS LLC	reduced	-10.99	-68,502	464,078	-%
May 15, 2024	DEUTSCHE BANK AG\	added	3.22	1,460	140,212	-%
May 15, 2024	STATE STREET CORP	added	1.76	-12,529	3,263,110	-%
May 15, 2024	MORGAN STANLEY	reduced	-28.11	-126,813	301,304	-%
May 15, 2024	KENNEDY CAPITAL MANAGEMENT LLC	added	3.7	7,055	472,915	0.01%
May 15, 2024	AMERIPRISE FINANCIAL INC	added	4.17	134,256	6,924,450	-%

Are Funds Buying or Selling RDVT?

Are funds buying RDVT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own RDVT

No. of Funds

Unveiling Red Violet Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 03, 2024	greater miami jewish federation, inc.	0.0%	0	SC 13G/A
Feb 14, 2024	greater miami jewish federation, inc.	8.2%	1,148,661	SC 13G/A
Feb 14, 2024	nantahala capital management, llc	8.6%	1,205,678	SC 13G/A
Feb 12, 2024	ashford capital management inc	7.94%	1,107,240	SC 13G/A
Feb 09, 2024	trigran investments, inc.	15.2%	2,113,025	SC 13G/A
Jan 31, 2024	blackrock inc.	5.3%	740,232	SC 13G
Feb 14, 2023	nantahala capital management, llc	9.2%	1,275,088	SC 13G/A
Feb 10, 2023	trigran investments, inc.	14.5%	2,013,939	SC 13G/A
Feb 08, 2023	ashford capital management inc	7.01%	974,502	SC 13G
Feb 07, 2023	greater miami jewish federation, inc.	9.6%	1,337,215	SC 13G/A

Recent SEC filings of Red Violet Inc

View All Filings

Date Filed	Form Type	Document
May 10, 2024	8-K	Current Report
May 08, 2024	10-Q	Quarterly Report
Apr 25, 2024	DEF 14A	DEF 14A
Apr 25, 2024	ARS	ARS
Apr 25, 2024	4	Insider Trading
Apr 24, 2024	8-K	Current Report
Apr 03, 2024	SC 13G/A	Major Ownership Report
Apr 03, 2024	8-K	Current Report
Mar 11, 2024	8-K	Current Report
Mar 07, 2024	8-K	Current Report

Peers (Alternatives to Red Violet Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	277.0B	34.9B	3.35%	33.87%	66.98	7.95	11.18%	1888.46%
UBER	137.2B	38.6B	-8.72%	67.31%	98.72	3.56	14.01%	141.26%
ADSK	47.3B	5.3B	2.96%	8.03%	51.62	8.85	9.15%	48.14%
ANSS	28.6B	2.2B	0.65%	6.79%	65.84	12.85	3.59%	-21.47%
ZM	19.3B	4.5B	8.62%	-7.71%	30.27	4.26	3.06%	514.65%
MID-CAP
APPF	8.7B	671.8M	11.01%	66.39%	113.53	12.92	33.64%	185.98%
LYFT	6.7B	4.7B	-3.99%	99.28%	-36.23	1.43	10.90%	88.31%
ALRM	3.5B	895.2M	7.46%	35.00%	38.7	3.87	5.72%	46.94%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
AI	3.2B	296.4M	28.11%	-1.60%	-11.7	10.73	11.14%	-3.59%
AGYS	2.7B	228.1M	21.43%	43.87%	31.34	11.99	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
AEYE	256.1M	31.6M	76.57%	260.07%	-43.61	8.1	2.76%	43.72%
APPS	253.0M	572.4M	33.33%	-82.31%	-1.28	0.44	-19.38%	-489.49%
ASUR	193.1M	117.7M	5.95%	-44.01%	-19.58	1.64	12.54%	11.24%

Red Violet Inc News

Latest updates

Red Violet Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	16.3%	17,511,000	15,061,000	15,837,000	14,680,000	14,626,000	13,069,000	15,026,000	12,494,000	12,729,000	11,258,000	11,668,000	10,879,000	10,217,000	8,963,000	9,267,000	7,056,000	9,300,000	9,050,000	8,257,000	7,245,000	5,734,000
Costs and Expenses	-2.7%	15,528,000	15,956,000	14,072,000	13,447,000	14,225,000	14,986,000	12,868,000	12,655,000	12,448,000	12,845,000	10,413,000	11,289,000	10,790,000	10,832,000	10,185,000	9,588,000	10,812,000	13,919,000	9,295,000	11,132,000	7,152,000
S&GA Expenses	6.0%	3,712,000	3,501,000	3,365,000	3,078,000	3,889,000	2,998,000	2,623,000	2,822,000	2,391,000	2,208,000	2,154,000	2,349,000	2,221,000	1,959,000	2,217,000	1,746,000	2,176,000	2,100,000	1,925,000	2,003,000	1,500,000
EBITDA Margin	11.2%	0.23	0.20	0.18	0.18	0.15	0.14	0.14	0.12	0.16	0.14	0.14	0.08	-	-	-	-	-	-	-	-	-
Interest Expenses	-	-	-	-	-	-	-	-	-	-	-	-	6,000	5,000	-	-	-	-	-	-	-	-
Income Taxes	0.4%	564,000	562,000	-10,384,000	160,000	-29,000	-148,000	25,000	44,000	175,000	198,000	-	-	-	-	-	-	-	-	-	-	-
Earnings Before Taxes	562.2%	2,348,000	-508,000	2,111,000	1,548,000	687,000	-1,692,000	2,283,000	-161,000	282,000	-1,586,000	1,256,000	1,761,000	-578,000	-1,875,000	-925,000	-2,532,000	-1,481,000	-4,856,000	-992,000	-3,850,000	-1,378,000
EBT Margin	36.7%	0.09	0.06	0.05	0.05	0.02	0.01	0.02	0.00	0.04	0.02	0.01	-0.04	-	-	-	-	-	-	-	-	-
Net Income	266.7%	1,784,000	-1,070,000	12,495,000	1,388,000	716,000	-1,544,000	2,258,000	-205,000	107,000	-1,784,000	1,256,000	1,761,000	-578,000	-1,875,000	-925,000	-2,532,000	-1,481,000	-4,856,000	-992,000	-3,850,000	-1,378,000
Net Income Margin	3.0%	0.23	0.22	0.22	0.05	0.02	0.01	0.01	-0.01	0.03	0.01	0.01	-0.04	-	-	-	-	-	-	-	-	-
Free Cashflow	1.4%	4,240,000	4,180,000	5,742,000	3,540,000	1,487,000	4,257,000	3,095,000	2,417,000	2,317,000	1,894,000	3,396,000	2,192,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.1%	94,026	92,990	95,276	79,877	78,320	77,414	76,709	74,641	76,739	74,376	53,807	54,232	52,950	51,994	51,108	52,073	49,497	48,871	49,640	41,704	41,879
Current Assets	3.1%	41,509	40,280	42,193	39,249	38,017	38,116	38,595	37,438	40,417	38,593	18,087	18,566	17,451	16,739	15,977	17,334	15,609	16,041	17,556	10,426	11,400
Cash Equivalents	0.4%	32,147	32,032	34,210	31,368	30,818	31,810	31,273	32,328	34,775	34,258	13,397	13,915	12,896	12,957	12,441	13,782	11,454	11,776	13,337	5,915	7,319
Net PPE	1.5%	601	592	627	640	692	709	664	671	625	577	587	576	530	558	555	586	616	660	704	726	773
Goodwill	0%	5,227	5,227	5,227	5,227	5,227	5,227	5,227	5,227	5,227	5,227	5,227	5,227	5,227	5,227	5,227	5,227	5,227	5,227	5,227	5,227	5,227
Liabilities	48.0%	10,179	6,878	5,585	4,109	4,900	6,321	4,554	4,699	5,521	4,947	4,588	4,798	7,786	8,649	7,894	8,383	6,085	6,787	7,585	6,453	6,555
Current Liabilities	70.8%	8,334	4,879	3,436	3,476	4,230	5,436	3,371	3,351	4,024	3,458	3,136	3,190	4,680	5,038	4,749	4,741	3,758	4,328	4,997	3,741	3,722
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	1,346	1,703	1,093	1,450	-	-	-	-	-
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	806	449	1,059	702	-	-	-	-	-
Shareholder's Equity	-2.6%	83,847	86,112	89,691	75,768	73,420	71,093	72,155	69,942	71,218	69,429	49,219	49,434	45,164	43,345	43,214	43,690	43,412	42,084	42,055	35,251	35,324
Retained Earnings	22.7%	-6,089	-7,873	-6,803	-19,298	-20,686	-21,402	-19,858	-22,116	-21,911	-22,018	-20,234	-21,490	-23,251	-22,673	-20,798	-19,873	-17,341	-15,860	-11,004	-10,012	-6,162
Additional Paid-In Capital	-0.1%	94,065	94,159	96,648	95,104	94,293	92,481	92,017	92,178	93,115	91,434	69,440	70,911	68,402	66,005	67,082	64,806	61,996	59,187	54,302	45,253	41,476
Shares Outstanding	-1.7%	13,740	13,971	13,912	13,909	13,951	13,956	13,690	13,776	13,544	13,489	12,742	12,238	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	187,600	-	-	-	205,500	-	-	-	191,700	-	-	-	113,400	-	-	-	68,300	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	2.4%	4,305	4,204	5,789	3,547	1,531	4,359	3,145	2,525	2,430	1,951	3,464	2,301	1,232	1,770	1,746	1,754	1,249	1,212	1,525	96.00	-1,186
Share Based Compensation	5.6%	1,402	1,328	1,369	1,305	1,384	1,439	1,273	1,406	1,387	1,418	986	2,165	2,046	1,648	1,853	2,342	2,221	4,623	1,407	3,609	274
Cashflow From Investing	-12.5%	-2,392	-2,127	-2,459	-2,243	-2,317	-2,419	-2,296	-2,207	-1,907	-1,472	-1,197	-1,282	-1,293	-1,254	-1,259	-1,578	-1,571	-1,518	-1,539	-1,500	-1,445
Cashflow From Financing	57.7%	-1,798	-4,255	-488	-754	-206	-1,403	-1,904	-2,765	-6.00	20,382	-2,785	-	-	-	-1,828	-	-	-1,255	-	-	-
Buy Backs	123.0%	5,514	2,473	311	739	175	638	249	-134	-	-	-	-	-	-	-	-	-	-	-	-	-

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RDVT Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

Revenue

$ 17,511

$ 14,626

Costs and expenses:

Sales and marketing expenses

3,712

3,889

General and administrative expenses

5,790

5,241

Depreciation and amortization

2,270

1,916

Total costs and expenses

15,528

14,225

Income from operations

1,983

401

Interest income, net

365

286

Income before income taxes

2,348

687

Income tax (benefit) expense

564

(29)

Net income

$ 1,784

$ 716

Earnings per share:

Basic

$ 0.13

$ 0.05

Diluted

$ 0.13

$ 0.05

Weighted average number of shares outstanding:

Basic

13,997,064

13,997,154

Diluted

^[1]

14,164,506

14,236,771

Service [Member]

Costs and expenses:

Cost of revenue (exclusive of depreciation and amortization)

$ 3,756

$ 3,179

[1]	For the three months ended March 31, 2024 and 2023, diluted weighted average shares outstanding are calculated by the inclusion of unvested restricted stock units ("RSUs").

RDVT Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 32,147	$ 32,032
Accounts receivable, net of allowance for doubtful accounts of $212 and $159 as of March 31, 2024 and December 31, 2023, respectively	7,871	7,135
Prepaid expenses and other current assets	1,491	1,113
Total current assets	41,509	40,280
Property and equipment, net	601	592
Intangible assets, net	34,962	34,403
Goodwill	5,227	5,227
Right-of-use assets	2,323	2,457
Deferred tax assets	9,043	9,514
Other noncurrent assets	361	517
Total assets	94,026	92,990
Current liabilities:
Accounts payable	2,353	1,631
Accrued expenses and other current liabilities	4,741	1,989
Current portion of operating lease liabilities	588	569
Deferred revenue	652	690
Total current liabilities	8,334	4,879
Noncurrent operating lease liabilities	1,845	1,999
Total liabilities	10,179	6,878
Shareholders' equity:
Preferred stock-$0.001 par value, 10,000,000 shares authorized, and 0 share issued and outstanding, as of March 31, 2024 and December 31, 2023	0	0
Common stock-$0.001 par value, 200,000,000 shares authorized, 13,942,164 and 13,980,274 shares issued, and 13,740,164 and 13,970,846 shares outstanding, as of March 31, 2024 and December 31, 2023	14	14
Treasury stock, at cost, 202,000 and 9,428 shares as of March 31, 2024 and December 31, 2023	(4,143)	(188)
Additional paid-in capital	94,065	94,159
Accumulated deficit	(6,089)	(7,873)
Total shareholders' equity	83,847	86,112
Total liabilities and shareholders' equity	$ 94,026	$ 92,990

About Red Violet Inc

Red Violet, Inc., a software and services company, specializes in proprietary technologies and applying analytical capabilities to deliver identity intelligence in the United States. It offers idiCORE, an investigative solution used to address various organizational challenges, which include due diligence, risk mitigation, identity authentication, and regulatory compliance; and FOREWARN, an app-based solution that provides instant knowledge before face-to-face engagement with a consumer, as well as helps professionals to identify and mitigate risk. The company serves financial services, insurance, healthcare, retail, and telecommunication companies; law enforcement and government agencies; and collections, law, corporate security, and investigative firms, as well as solutions used for purposes, such as risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, and customer acquisition. It markets its products and services through value-added distributors, resellers, and strategic partners; and trade shows and seminars, advertising, public relations, distribution of sales literature, and product specifications and ongoing communication with prospective customers, distributors, resellers, strategic partners, and installed base of current customers, as well as through direct sales. The company was incorporated in 2017 and is headquartered in Boca Raton, Florida.

CEO	Mr. Derek Dubner
WEBSITE	redviolet.com
INDUSTRY	Software - Apps
EMPLOYEES	186

Red Violet Inc Frequently Asked Questions

What is the ticker symbol for Red Violet Inc? What does RDVT stand for in stocks?

RDVT is the stock ticker symbol of Red Violet Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Red Violet Inc (RDVT)?

As of Fri May 17 2024, market cap of Red Violet Inc is 280.24 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RDVT stock?

You can check RDVT's fair value in chart for subscribers.

What is the fair value of RDVT stock?

You can check RDVT's fair value in chart for subscribers. The fair value of Red Violet Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Red Violet Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RDVT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Red Violet Inc a good stock to buy?

The fair value guage provides a quick view whether RDVT is over valued or under valued. Whether Red Violet Inc is cheap or expensive depends on the assumptions which impact Red Violet Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RDVT.

What is Red Violet Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, RDVT's PE ratio (Price to Earnings) is 19.2 and Price to Sales (PS) ratio is 4.44. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RDVT PE ratio will change depending on the future growth rate expectations of investors.