• Reklaim (MYID) has filed its Q4-2021 financial results
  • Fiscal year 2021 revenue increased 462 per cent versus 2020
  • Sales for Q4-2021 were $441,858, a 209 per cent increase over the same period in 2020
  • Neil Sweeney, CEO and Founder of Reklaim sat down with Shoran Devi to discuss the results
  • Reklaim allows consumers to control how their data is collected and compensate them for its use, while also providing advertisers and brands with a compliant data source
  • Reklaim Inc. (MYID) opened trading at C$0.17 per share

Reklaim (MYID) has filed its Q4-2021 financial results for the three months ending December 31, 2021.

Neil Sweeney, CEO and Founder of Reklaim sat down with Shoran Devi to discuss the results.

Fiscal year 2021 & Q4-2021 highlights:

  • Fiscal year revenue increased 462 per cent to $1,002,000 from $177,843 in 2020, demonstrating increased momentum in Reklaim’s sales strategy.
  • Sales for Q4-2021 were $441,858, an increase of 92 per cent quarter over quarter and a 209 per cent increase over the same period in 2020.
  • Increased the number of customers buying data from Reklaim by 158 per cent, from 33 in 2020 to 85 in 2021.
  • Increased the number of customers buying data from Reklaim in Q4 versus Q3 2021 by 13 per cent, from 75 to 85 customers.
  • Reklaim has over 320 million user data profiles versus approximately 10,000 in Q2-2020 and 150 million in Q4-2020.

Offering compliant, first-party data to Fortune 500 brands, platforms, and data companies, Reklaim allows consumers to visit the platform, confirm their identity, and unveil data that has been collected and sold without the consumer’s explicit consent. Reklaim enables consumers to take back control of this data by setting up a Reklaim account where, should they choose to, they can be compensated for their data.

Reklaim Inc. (MYID) opened trading at C$0.17 per share.

More From The Market Online

SPARC AI closer to showing its tech to defence customers

Technology company SPARC AI Inc. (CSE:SPAI) successfully completes testing its SPARC AI geospatial application at 100 km per hour.
stock market down

@ the Bell: TSX loses hold of gains

Despite an early jump in copper prices, Canada’s main stock index lost ground on Monday as resource stocks fell.

Major U.S. airport purchases Liberty Defense’s HEXWAVE product

Liberty Defense Holdings (TSXV:SCAN) announces its HEXWAVE screening product was purchased by a major international airport in New York.

Shopify and Avalara expand partnership

Shopify (TSX:SHOP) expands its partnership with Avalara, a provider of cloud-based tax compliance automation for businesses.