Red Violet (RDVT) Financials

$50.11 +0.30 (+0.60%)

Closing price 04:00 PM Eastern

Extended Trading

$50.15 +0.04 (+0.08%)

As of 04:45 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	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	7.00	14	0.62
Consolidated Net Income / (Loss)	7.00	14	0.62
Net Income / (Loss) Continuing Operations	7.00	14	0.62
Total Pre-Tax Income	9.32	3.84	0.71
Total Operating Income	7.92	2.50	0.36
Total Gross Profit	61	47	41
Total Revenue	75	60	53
Operating Revenue	75	60	53
Total Cost of Revenue	14	13	12
Operating Cost of Revenue	14	13	12
Total Operating Expenses	53	45	41
Selling, General & Admin Expense	26	22	23
Marketing Expense	18	14	11
Depreciation Expense	9.56	8.35	6.68
Total Other Income / (Expense), net	1.40	1.33	0.35
Interest Expense	0.00	0.00	0.00
Interest & Investment Income	1.40	1.33	0.35
Income Tax Expense	2.32	-9.69	0.10
Basic Earnings per Share	$0.51	$0.97	$0.04
Weighted Average Basic Shares Outstanding	13.86M	13.97M	13.76M
Diluted Earnings per Share	$0.50	$0.96	$0.04
Weighted Average Diluted Shares Outstanding	14.13M	14.13M	14.11M
Weighted Average Basic & Diluted Shares Outstanding	13.94M	13.96M	13.96M
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	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	0.86	1.72	2.64	1.78	-1.07	12	1.39	0.72	-1.54	2.26
Consolidated Net Income / (Loss)	0.86	1.72	2.64	1.78	-1.07	12	1.39	0.72	-1.54	2.26
Net Income / (Loss) Continuing Operations	0.86	1.72	2.64	1.78	-1.07	12	1.39	0.72	-1.54	2.26
Total Pre-Tax Income	0.74	2.85	3.38	2.35	-0.51	2.11	1.55	0.69	-1.69	2.28
Total Operating Income	0.37	2.50	3.07	1.98	-0.90	1.77	1.23	0.40	-1.92	2.16
Total Gross Profit	13	19	16	14	5.23	16	11	15	7.10	12
Total Revenue	20	19	19	18	15	16	15	15	13	15
Operating Revenue	20	19	19	18	15	16	15	15	13	15
Total Cost of Revenue	6.79	0.00	3.46	3.76	9.83	0.00	3.24	0.00	5.97	3.07
Total Operating Expenses	12	17	13	12	6.13	14	10	14	9.01	9.80
Selling, General & Admin Expense	8.34	5.99	5.75	5.79	6.91	5.22	5.08	5.24	7.12	5.47
Marketing Expense	4.90	4.82	4.41	3.71	3.50	3.37	3.08	3.89	3.00	2.62
Depreciation Expense	2.48	2.43	2.38	2.27	2.21	2.17	2.05	1.92	1.82	1.71
Total Other Income / (Expense), net	0.37	0.35	0.31	0.37	0.39	0.35	0.32	0.29	0.23	0.13
Interest & Investment Income	0.37	0.35	0.31	0.37	0.39	0.35	0.32	0.29	0.23	0.13
Income Tax Expense	-0.12	1.13	0.75	0.56	0.56	-10	0.16	-0.03	-0.15	0.03
Basic Earnings per Share	$0.07	$0.12	$0.19	$0.13	($0.08)	$0.90	$0.10	$0.05	($0.12)	$0.16
Weighted Average Basic Shares Outstanding	13.86M	13.78M	13.78M	14.00M	13.97M	13.95M	13.96M	14.00M	13.76M	13.75M
Diluted Earnings per Share	$0.06	$0.12	$0.19	$0.13	($0.06)	$0.87	$0.10	$0.05	($0.12)	$0.16
Weighted Average Diluted Shares Outstanding	14.13M	14.31M	14.05M	14.16M	14.13M	14.33M	14.17M	14.24M	14.11M	13.76M
Weighted Average Basic & Diluted Shares Outstanding	13.94M	13.79M	13.73M	13.73M	13.96M	13.94M	13.91M	13.92M	13.96M	13.89M

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	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	4.47	0.22	-2.45
Net Cash From Operating Activities	24	15	12
Net Cash From Continuing Operating Activities	24	15	12
Net Income / (Loss) Continuing Operations	7.00	14	0.62
Consolidated Net Income / (Loss)	7.00	14	0.62
Depreciation Expense	9.56	8.35	6.68
Non-Cash Adjustments To Reconcile Net Income	6.93	7.06	6.40
Changes in Operating Assets and Liabilities, net	0.46	-14	-1.24
Net Cash From Investing Activities	-9.57	-9.15	-8.83
Net Cash From Continuing Investing Activities	-9.57	-9.15	-8.83
Purchase of Property, Plant & Equipment	-9.57	-9.15	-8.83
Net Cash From Financing Activities	-9.92	-5.70	-6.08
Net Cash From Continuing Financing Activities	-9.92	-5.70	-6.08
Repurchase of Common Equity	-5.85	-3.71	-0.88
Other Financing Activities, net	-4.07	-1.99	-5.20
Cash Interest Paid	0.00	0.00	0.00
Cash Income Taxes Paid	0.61	0.08	0.04

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	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	0.76	4.80	-1.20	0.12	-2.18	2.84	0.55	-0.99	0.54	-1.06
Net Cash From Operating Activities	6.69	7.25	5.72	4.31	4.20	5.79	3.55	1.53	4.36	3.15
Net Cash From Continuing Operating Activities	6.69	7.25	5.72	4.31	4.20	5.79	3.55	1.53	4.36	3.15
Net Income / (Loss) Continuing Operations	0.86	1.72	2.64	1.78	-1.07	12	1.39	0.72	-1.54	2.26
Consolidated Net Income / (Loss)	0.86	1.72	2.64	1.78	-1.07	12	1.39	0.72	-1.54	2.26
Depreciation Expense	2.48	2.43	2.38	2.27	2.21	2.17	2.05	1.92	1.82	1.71
Non-Cash Adjustments To Reconcile Net Income	1.66	1.98	1.69	1.61	1.64	1.65	1.57	2.20	1.83	1.45
Changes in Operating Assets and Liabilities, net	1.69	1.12	-0.98	-1.36	1.43	-11	-1.47	-3.30	2.26	-2.28
Net Cash From Investing Activities	-2.30	-2.42	-2.46	-2.39	-2.13	-2.46	-2.24	-2.32	-2.42	-2.30
Net Cash From Continuing Investing Activities	-2.30	-2.42	-2.46	-2.39	-2.13	-2.46	-2.24	-2.32	-2.42	-2.30
Purchase of Property, Plant & Equipment	-2.30	-2.42	-2.46	-2.39	-2.13	-2.46	-2.24	-2.32	-2.42	-2.30
Net Cash From Financing Activities	-3.64	-0.03	-4.46	-1.80	-4.26	-0.49	-0.75	-0.21	-1.40	-1.90
Net Cash From Continuing Financing Activities	-3.64	-0.03	-4.46	-1.80	-4.26	-0.49	-0.75	-0.21	-1.40	-1.90
Other Financing Activities, net	-3.64	-0.03	-0.02	-0.38	-1.80	-0.15	-0.02	-0.03	-0.89	-1.54
Cash Income Taxes Paid	1.13	-0.96	0.44	0.00	0.14	-0.08	0.02	0.00	0.00	0.04

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	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	99	93	77
Total Current Assets	46	40	38
Cash & Equivalents	37	32	32
Accounts Receivable	8.06	7.14	5.54
Prepaid Expenses	1.63	1.11	0.77
Plant, Property, & Equipment, net	0.55	0.59	0.71
Total Noncurrent Assets	52	52	39
Goodwill	5.23	5.23	5.23
Intangible Assets	36	34	32
Noncurrent Deferred & Refundable Income Taxes	7.50	9.51	0.00
Other Noncurrent Operating Assets	3.07	2.97	1.72
Total Liabilities & Shareholders' Equity	99	93	77
Total Liabilities	12	6.88	6.32
Total Current Liabilities	10	4.88	5.44
Accounts Payable	2.13	1.63	2.23
Accrued Expenses	2.88	1.99	1.85
Dividends Payable	4.18	0.00	-
Current Deferred Revenue	0.71	0.69	0.67
Other Current Liabilities	0.41	0.57	0.69
Total Noncurrent Liabilities	1.59	2.00	0.89
Other Noncurrent Operating Liabilities	1.59	2.00	0.60
Total Equity & Noncontrolling Interests	87	86	71
Total Preferred & Common Equity	87	86	71
Preferred Stock	0.00	0.00	0.00
Total Common Equity	87	86	71
Common Stock	88	94	92
Retained Earnings	-0.87	-7.87	-21
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 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	98	93	94	95	80	78	77
Total Current Assets	46	40	42	42	39	38	39
Cash & Equivalents	36	31	32	34	31	31	31
Accounts Receivable	8.46	7.96	7.87	6.81	6.56	5.89	6.47
Prepaid Expenses	1.73	1.48	1.49	1.18	1.33	1.31	0.85
Plant, Property, & Equipment, net	0.58	0.60	0.60	0.63	0.64	0.69	0.66
Total Noncurrent Assets	51	52	52	52	40	40	37
Goodwill	5.23	5.23	5.23	5.23	5.23	5.23	5.23
Intangible Assets	36	35	35	34	33	33	31
Noncurrent Deferred & Refundable Income Taxes	7.46	8.43	9.04	10	-	-	-
Other Noncurrent Operating Assets	3.03	3.32	2.68	3.22	1.59	1.86	1.39
Total Liabilities & Shareholders' Equity	98	93	94	95	80	78	77
Total Liabilities	6.30	5.45	10	5.59	4.11	4.90	4.55
Total Current Liabilities	4.62	3.69	8.33	3.44	3.48	4.23	3.37
Accounts Payable	2.79	1.97	2.35	1.99	1.69	2.35	1.60
Accrued Expenses	0.80	0.59	4.74	0.37	0.42	0.41	0.56
Current Deferred Revenue	0.57	0.60	0.65	0.53	0.63	0.76	0.54
Other Current Liabilities	0.47	0.53	0.59	0.55	0.73	0.71	0.67
Total Noncurrent Liabilities	1.68	1.77	1.85	2.15	0.63	0.67	1.18
Noncurrent Deferred & Payable Income Tax Liabilities	0.00	0.00	0.00	0.00	0.41	0.26	0.41
Other Noncurrent Operating Liabilities	1.68	1.77	1.85	2.15	0.22	0.41	0.78
Total Equity & Noncontrolling Interests	92	88	84	90	76	73	72
Total Preferred & Common Equity	92	88	84	90	76	73	72
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	92	88	84	90	76	73	72
Common Stock	93	92	94	97	95	94	92
Retained Earnings	-1.73	-3.45	-6.09	-6.80	-19	-21	-20
Treasury Stock	0.00	-0.24	-4.14	-0.17	-0.05	-0.20	-0.02

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

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	24.89%	12.92%	21.12%
EBITDA Growth	61.04%	54.29%	72.28%
EBIT Growth	216.29%	593.63%	127.45%
NOPAT Growth	-32.58%	2,726.10%	130.93%
Net Income Growth	-48.24%	2,096.27%	-5.95%
EPS Growth	-47.92%	2,300.00%	-20.00%
Operating Cash Flow Growth	58.98%	20.96%	39.24%
Free Cash Flow Firm Growth	195.84%	-57.13%	-4.36%
Invested Capital Growth	0.42%	37.67%	11.69%
Revenue Q/Q Growth	6.37%	3.42%	3.52%
EBITDA Q/Q Growth	9.63%	15.02%	0.27%
EBIT Q/Q Growth	19.03%	68.96%	-47.76%
NOPAT Q/Q Growth	42.41%	21.08%	-1.67%
Net Income Q/Q Growth	38.13%	3.63%	63.83%
EPS Q/Q Growth	31.58%	6.67%	0.00%
Operating Cash Flow Q/Q Growth	11.58%	-1.02%	23.96%
Free Cash Flow Firm Q/Q Growth	53.29%	18.32%	19.88%
Invested Capital Q/Q Growth	-2.89%	-2.53%	-3.91%
Profitability Metrics	-	-	-
Gross Margin	81.38%	78.29%	77.10%
EBITDA Margin	23.25%	18.03%	13.20%
Operating Margin	10.53%	4.16%	0.68%
EBIT Margin	10.53%	4.16%	0.68%
Profit (Net Income) Margin	9.31%	22.47%	1.16%
Tax Burden Percent	75.14%	352.50%	86.52%
Interest Burden Percent	117.68%	153.27%	197.23%
Effective Tax Rate	24.86%	-252.50%	13.48%
Return on Invested Capital (ROIC)	10.98%	18.91%	0.84%
ROIC Less NNEP Spread (ROIC-NNEP)	7.71%	4.18%	-0.08%
Return on Net Nonoperating Assets (RNNOA)	-2.87%	-1.70%	0.04%
Return on Equity (ROE)	8.11%	17.21%	0.88%
Cash Return on Invested Capital (CROIC)	10.56%	-12.79%	-10.21%
Operating Return on Assets (OROA)	8.27%	2.94%	0.48%
Return on Assets (ROA)	7.31%	15.88%	0.81%
Return on Common Equity (ROCE)	8.11%	17.21%	0.88%
Return on Equity Simple (ROE_SIMPLE)	8.08%	15.71%	0.87%
Net Operating Profit after Tax (NOPAT)	5.95	8.83	0.31
NOPAT Margin	7.91%	14.66%	0.59%
Net Nonoperating Expense Percent (NNEP)	3.27%	14.73%	0.92%
Return On Investment Capital (ROIC_SIMPLE)	6.87%	10.25%	-
Cost of Revenue to Revenue	18.62%	21.71%	22.90%
SG&A Expenses to Revenue	34.41%	37.28%	43.58%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	70.85%	74.13%	76.42%
Earnings before Interest and Taxes (EBIT)	7.92	2.50	0.36
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	17	11	7.04
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	5.72	3.21	4.50
Price to Tangible Book Value (P/TBV)	10.90	5.94	9.35
Price to Revenue (P/Rev)	6.59	4.59	6.00
Price to Earnings (P/E)	70.70	20.41	519.21
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	1.41%	4.90%	0.19%
Enterprise Value to Invested Capital (EV/IC)	8.44	4.51	7.33
Enterprise Value to Revenue (EV/Rev)	6.10	4.05	5.40
Enterprise Value to EBITDA (EV/EBITDA)	26.23	22.48	40.94
Enterprise Value to EBIT (EV/EBIT)	57.91	97.46	797.85
Enterprise Value to NOPAT (EV/NOPAT)	77.07	27.65	922.20
Enterprise Value to Operating Cash Flow (EV/OCF)	19.14	16.19	23.12
Enterprise Value to Free Cash Flow (EV/FCFF)	80.15	0.00	0.00
Leverage & Solvency	-	-	-
Debt to Equity	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00
Financial Leverage	-0.37	-0.41	-0.47
Leverage Ratio	1.11	1.08	1.08
Compound Leverage Factor	1.30	1.66	2.13
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	26.42	25.16	31.18
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	4.48	8.26	7.01
Quick Ratio	4.32	8.03	6.87
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	5.72	-5.97	-3.80
Operating Cash Flow to CapEx	250.44%	164.78%	141.11%
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	0.79	0.71	0.70
Accounts Receivable Turnover	9.90	9.50	11.50
Inventory Turnover	0.00	0.00	0.00
Fixed Asset Turnover	132.26	92.55	82.92
Accounts Payable Turnover	7.45	6.77	6.37
Days Sales Outstanding (DSO)	36.88	38.41	31.73
Days Inventory Outstanding (DIO)	0.00	0.00	0.00
Days Payable Outstanding (DPO)	49.00	53.90	57.30
Cash Conversion Cycle (CCC)	-12.11	-15.50	-25.57
Capital & Investment Metrics	-	-	-
Invested Capital	54	54	39
Invested Capital Turnover	1.39	1.29	1.43
Increase / (Decrease) in Invested Capital	0.23	15	4.11
Enterprise Value (EV)	459	244	288
Market Capitalization	495	276	320
Book Value per Share	$6.28	$6.18	$5.12
Tangible Book Value per Share	$3.29	$3.33	$2.46
Total Capital	87	86	71
Total Debt	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00
Net Debt	-37	-32	-32
Capital Expenditures (CapEx)	9.57	9.15	8.83
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-0.62	3.37	0.87
Debt-free Net Working Capital (DFNWC)	36	35	33
Net Working Capital (NWC)	36	35	33
Net Nonoperating Expense (NNE)	-1.05	-4.70	-0.30
Net Nonoperating Obligations (NNO)	-32	-32	-32
Total Depreciation and Amortization (D&A)	9.56	8.35	6.68
Debt-free, Cash-free Net Working Capital to Revenue	-0.82%	5.60%	1.63%
Debt-free Net Working Capital to Revenue	47.73%	58.80%	61.29%
Net Working Capital to Revenue	47.73%	58.80%	61.29%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.51	$0.97	$0.04
Adjusted Weighted Average Basic Shares Outstanding	13.86M	13.97M	13.76M
Adjusted Diluted Earnings per Share	$0.50	$0.96	$0.04
Adjusted Weighted Average Diluted Shares Outstanding	14.13M	14.13M	14.11M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	13.94M	13.96M	13.96M
Normalized Net Operating Profit after Tax (NOPAT)	5.95	1.75	0.31
Normalized NOPAT Margin	7.91%	2.91%	0.59%
Pre Tax Income Margin	12.40%	6.38%	1.34%
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	83.58%	27.43%	142.53%

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

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	29.91%	20.33%	29.81%	19.73%	15.24%	5.40%	17.50%	14.90%	16.09%	28.78%
EBITDA Growth	116.72%	25.30%	65.65%	83.56%	1,390.20%	1.68%	126.38%	27.66%	15.70%	48.88%
EBIT Growth	141.45%	41.53%	148.82%	394.51%	53.31%	-18.21%	865.84%	42.70%	-20.79%	71.95%
NOPAT Growth	169.15%	-85.58%	116.38%	260.51%	53.31%	389.47%	1,080.97%	291.98%	-20.79%	70.07%
Net Income Growth	180.65%	-86.24%	89.99%	149.16%	30.70%	453.37%	777.07%	569.16%	13.45%	79.78%
EPS Growth	200.00%	-86.21%	90.00%	160.00%	50.00%	443.75%	1,100.00%	400.00%	0.00%	77.78%
Operating Cash Flow Growth	59.16%	25.19%	61.18%	181.19%	-3.56%	84.07%	40.48%	-37.00%	123.42%	-9.21%
Free Cash Flow Firm Growth	101.32%	125.53%	-80.67%	-32.23%	-182.80%	-41.92%	-157.30%	-199.58%	-45.75%	-78.17%
Invested Capital Growth	0.42%	0.80%	28.50%	21.36%	37.67%	35.71%	18.04%	16.90%	11.69%	14.13%
Revenue Q/Q Growth	2.67%	0.01%	8.82%	16.27%	-4.90%	7.88%	0.37%	11.91%	-13.02%	20.27%
EBITDA Q/Q Growth	-42.17%	-9.42%	28.03%	223.18%	-66.57%	19.74%	41.86%	2,371.57%	-102.64%	166.60%
EBIT Q/Q Growth	-85.15%	-18.58%	54.72%	321.56%	-150.71%	43.15%	207.48%	120.92%	-188.83%	1,440.37%
NOPAT Q/Q Growth	-71.23%	-37.04%	58.77%	340.49%	-106.00%	844.96%	164.53%	131.14%	-162.87%	1,993.85%
Net Income Q/Q Growth	-49.80%	-34.81%	47.81%	266.73%	-108.56%	800.22%	93.85%	146.37%	-168.38%	1,201.46%
EPS Q/Q Growth	-50.00%	-36.84%	46.15%	316.67%	-106.90%	770.00%	100.00%	141.67%	-175.00%	1,700.00%
Operating Cash Flow Q/Q Growth	-7.67%	26.76%	32.80%	2.40%	-27.38%	63.21%	131.68%	-64.88%	38.60%	24.55%
Free Cash Flow Firm Q/Q Growth	-80.73%	110.33%	-35.19%	50.78%	-271.47%	26.91%	1.06%	-5.27%	-86.42%	-32.52%
Invested Capital Q/Q Growth	-2.89%	-1.98%	10.36%	-4.40%	-2.53%	24.96%	4.22%	8.45%	-3.91%	8.69%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	65.32%	100.00%	81.87%	78.55%	34.74%	100.00%	77.93%	100.00%	54.29%	79.59%
EBITDA Margin	14.58%	25.88%	28.57%	24.29%	8.74%	24.85%	22.39%	15.84%	-0.78%	25.76%
Operating Margin	1.90%	13.11%	16.10%	11.32%	-5.94%	11.14%	8.40%	2.74%	-14.67%	14.36%
EBIT Margin	1.90%	13.11%	16.10%	11.32%	-5.94%	11.14%	8.40%	2.74%	-14.67%	14.36%
Profit (Net Income) Margin	4.41%	9.02%	13.84%	10.19%	-7.10%	78.90%	9.46%	4.90%	-11.81%	15.03%
Tax Burden Percent	116.78%	60.29%	77.97%	75.98%	210.63%	591.90%	89.66%	104.22%	91.25%	98.90%
Interest Burden Percent	199.19%	114.13%	110.23%	118.41%	56.76%	119.60%	125.55%	171.32%	88.26%	105.79%
Effective Tax Rate	-16.78%	39.71%	22.03%	24.02%	0.00%	-491.90%	10.34%	-4.22%	0.00%	1.10%
Return on Invested Capital (ROIC)	3.07%	10.03%	16.70%	11.51%	-5.36%	79.70%	10.54%	3.99%	-14.71%	19.08%
ROIC Less NNEP Spread (ROIC-NNEP)	1.74%	9.42%	15.91%	10.63%	-3.98%	73.44%	9.66%	3.08%	-14.09%	18.52%
Return on Net Nonoperating Assets (RNNOA)	-0.65%	-3.63%	-6.05%	-4.26%	1.61%	-29.72%	-4.22%	-1.40%	6.63%	-6.82%
Return on Equity (ROE)	2.43%	6.40%	10.64%	7.26%	-3.75%	49.98%	6.32%	2.59%	-8.08%	12.26%
Cash Return on Invested Capital (CROIC)	10.56%	6.70%	0.28%	3.71%	-12.79%	-15.17%	-11.99%	-14.25%	-10.21%	-12.37%
Operating Return on Assets (OROA)	1.49%	9.59%	12.53%	8.29%	-4.20%	7.54%	6.24%	1.95%	-10.30%	11.34%
Return on Assets (ROA)	3.46%	6.60%	10.77%	7.46%	-5.02%	53.41%	7.02%	3.49%	-8.30%	11.86%
Return on Common Equity (ROCE)	2.43%	6.40%	10.64%	7.26%	-3.75%	49.98%	6.32%	2.59%	-8.08%	12.26%
Return on Equity Simple (ROE_SIMPLE)	0.00%	5.53%	18.01%	17.41%	0.00%	14.56%	3.72%	1.67%	0.00%	0.52%
Net Operating Profit after Tax (NOPAT)	0.43	1.51	2.39	1.51	-0.63	10	1.11	0.42	-1.34	2.13
NOPAT Margin	2.21%	7.90%	12.55%	8.60%	-4.16%	65.97%	7.53%	2.86%	-10.27%	14.20%
Net Nonoperating Expense Percent (NNEP)	1.34%	0.61%	0.79%	0.88%	-1.39%	6.26%	0.89%	0.91%	-0.61%	0.55%
Return On Investment Capital (ROIC_SIMPLE)	0.50%	-	-	-	-0.73%	-	-	-	-	-
Cost of Revenue to Revenue	34.68%	0.00%	18.13%	21.45%	65.26%	0.00%	22.07%	0.00%	45.71%	20.41%
SG&A Expenses to Revenue	42.63%	31.45%	30.17%	33.06%	45.86%	32.98%	34.57%	35.83%	54.47%	36.37%
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	63.42%	86.89%	65.77%	67.23%	40.68%	88.86%	69.53%	97.26%	68.96%	65.23%
Earnings before Interest and Taxes (EBIT)	0.37	2.50	3.07	1.98	-0.90	1.77	1.23	0.40	-1.92	2.16
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2.85	4.93	5.45	4.25	1.32	3.94	3.29	2.32	-0.10	3.87
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	5.72	4.26	3.96	3.26	3.21	3.10	3.78	3.35	4.50	3.29
Price to Tangible Book Value (P/TBV)	10.90	7.70	7.38	6.25	5.94	5.52	7.66	6.89	9.35	6.58
Price to Revenue (P/Rev)	6.59	5.53	5.17	4.33	4.59	4.78	4.99	4.45	6.00	4.61
Price to Earnings (P/E)	70.70	77.05	22.01	18.70	20.41	21.33	101.59	200.55	519.21	631.86
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	1.41%	1.30%	4.54%	5.35%	4.90%	4.69%	0.98%	0.50%	0.19%	0.16%
Enterprise Value to Invested Capital (EV/IC)	8.44	6.35	5.57	4.66	4.51	4.40	5.74	5.04	7.33	5.05
Enterprise Value to Revenue (EV/Rev)	6.10	5.02	4.71	3.82	4.05	4.20	4.44	3.89	5.40	4.01
Enterprise Value to EBITDA (EV/EBITDA)	26.23	22.26	21.26	18.83	22.48	25.87	27.20	28.50	40.94	29.40
Enterprise Value to EBIT (EV/EBIT)	57.91	53.34	53.68	58.95	97.46	164.78	135.95	446.68	797.85	298.56
Enterprise Value to NOPAT (EV/NOPAT)	77.07	84.93	24.84	22.21	27.65	33.50	136.34	407.30	922.20	649.53
Enterprise Value to Operating Cash Flow (EV/OCF)	19.14	16.53	15.88	13.50	16.19	16.04	20.26	18.59	23.12	20.53
Enterprise Value to Free Cash Flow (EV/FCFF)	80.15	95.08	2,273.57	137.77	0.00	0.00	0.00	0.00	0.00	0.00
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	-0.39	-0.38	-0.40	-0.41	-0.40	-0.44	-0.45	-0.47	-0.37
Leverage Ratio	1.11	1.07	1.06	1.10	1.08	1.06	1.06	1.07	1.08	1.08
Compound Leverage Factor	2.21	1.22	1.17	1.30	0.62	1.27	1.33	1.84	0.95	1.14
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	26.17	38.52	39.62	17.17	25.04	30.97	42.77	30.95	31.09	32.25
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	4.48	9.95	10.95	4.98	8.26	12.28	11.29	8.99	7.01	11.45
Quick Ratio	4.32	9.58	10.55	4.80	8.03	11.94	10.91	8.68	6.87	11.20
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.20	1.06	-10	-7.59	-15	-4.15	-5.68	-5.74	-5.45	-2.93
Operating Cash Flow to CapEx	291.29%	300.08%	232.12%	179.97%	197.65%	235.42%	158.14%	66.08%	180.20%	136.98%
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	0.73	0.78	0.73	0.71	0.68	0.74	0.71	0.70	0.79
Accounts Receivable Turnover	9.90	9.26	9.29	9.17	9.50	8.77	10.72	10.57	11.50	9.80
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	132.26	117.03	108.99	97.59	92.55	90.18	87.57	83.85	82.92	82.35
Accounts Payable Turnover	7.45	7.14	9.30	7.16	6.77	5.14	7.82	3.95	6.37	6.19
Days Sales Outstanding (DSO)	36.88	39.41	39.28	39.80	38.41	41.63	34.06	34.54	31.73	37.25
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)	49.00	51.15	39.23	50.96	53.90	71.01	46.69	92.41	57.30	58.99
Cash Conversion Cycle (CCC)	-12.11	-11.74	0.04	-11.15	-15.50	-29.38	-12.63	-57.87	-25.57	-21.74
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	54	56	57	52	54	55	44	43	39	41
Invested Capital Turnover	1.39	1.27	1.33	1.34	1.29	1.21	1.40	1.40	1.43	1.34
Increase / (Decrease) in Invested Capital	0.23	0.45	13	9.10	15	15	6.79	6.16	4.11	5.06
Enterprise Value (EV)	459	355	318	241	244	244	255	215	288	206
Market Capitalization	495	391	349	273	276	278	286	246	320	238
Book Value per Share	$6.28	$6.68	$6.41	$6.00	$6.18	$6.45	$5.44	$5.26	$5.12	$5.26
Tangible Book Value per Share	$3.29	$3.69	$3.44	$3.13	$3.33	$3.63	$2.68	$2.56	$2.46	$2.63
Total Capital	87	92	88	84	86	90	76	73	71	72
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	-37	-36	-31	-32	-32	-34	-31	-31	-32	-31
Capital Expenditures (CapEx)	2.30	2.42	2.46	2.39	2.13	2.46	2.24	2.32	2.42	2.30
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-0.62	5.57	5.76	1.03	3.37	4.55	4.41	2.97	0.87	3.95
Debt-free Net Working Capital (DFNWC)	36	41	37	33	35	39	36	34	33	35
Net Working Capital (NWC)	36	41	37	33	35	39	36	34	33	35
Net Nonoperating Expense (NNE)	-0.43	-0.21	-0.24	-0.28	0.44	-2.05	-0.28	-0.30	0.20	-0.12
Net Nonoperating Obligations (NNO)	-32	-36	-31	-32	-32	-34	-31	-31	-32	-31
Total Depreciation and Amortization (D&A)	2.48	2.43	2.38	2.27	2.21	2.17	2.05	1.92	1.82	1.71
Debt-free, Cash-free Net Working Capital to Revenue	-0.82%	7.88%	8.53%	1.63%	5.60%	7.81%	7.67%	5.38%	1.63%	7.67%
Debt-free Net Working Capital to Revenue	47.73%	58.46%	54.40%	52.58%	58.80%	66.58%	62.32%	61.19%	61.29%	68.39%
Net Working Capital to Revenue	47.73%	58.46%	54.40%	52.58%	58.80%	66.58%	62.32%	61.19%	61.29%	68.39%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.07	$0.12	$0.19	$0.13	($0.08)	$0.90	$0.10	$0.05	($0.12)	$0.16
Adjusted Weighted Average Basic Shares Outstanding	13.86M	13.78M	13.78M	14.00M	13.97M	13.95M	13.96M	14.00M	13.76M	13.75M
Adjusted Diluted Earnings per Share	$0.06	$0.12	$0.19	$0.13	($0.06)	$0.87	$0.10	$0.05	($0.12)	$0.16
Adjusted Weighted Average Diluted Shares Outstanding	14.13M	14.31M	14.05M	14.16M	14.13M	14.33M	14.17M	14.24M	14.11M	13.76M
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	13.94M	13.79M	13.73M	13.73M	13.96M	13.94M	13.91M	13.92M	13.96M	13.89M
Normalized Net Operating Profit after Tax (NOPAT)	0.26	1.51	2.39	1.51	-0.63	1.24	1.11	0.28	-1.34	2.13
Normalized NOPAT Margin	1.33%	7.90%	12.55%	8.60%	-4.16%	7.80%	7.53%	1.92%	-10.27%	14.20%
Pre Tax Income Margin	3.78%	14.96%	17.75%	13.41%	-3.37%	13.33%	10.55%	4.70%	-12.95%	15.19%
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	83.58%	163.96%	54.61%	33.92%	27.43%	13.51%	63.45%	85.96%	142.53%	97.07%

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 5/22/2025 by MarketBeat.com Staff

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Red Violet (RDVT) Financials

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Red Violet (RDVT) Financials

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