Red Violet (RDVT) investor relations material

Business overview and strategy

• Provides AI-embedded identity intelligence and fraud prevention solutions to enhance safety and reduce business costs.

• Operates a proprietary, cloud-native platform with unique data assets for actionable insights and decision-making.

• Serves a large and growing market with a $10B+ TAM and significant expansion opportunities.

• Focuses on high customer retention, scalable solutions, and a proven management team with deep industry experience.

• Differentiates through unified, in-house data, customizable APIs, and end-to-end solutions for identity verification and risk management.

Financial performance and key metrics

• Achieved $99M in Q2'26 TTM revenue, with a 20% TTM revenue growth and 34% CAGR from 2017-2025.

• Q2'26 TTM adjusted EBITDA reached $37M, with a 37% adjusted EBITDA margin and expanding operating leverage.

• Maintains 95% gross revenue retention and 86% adjusted gross margin as of Q2'26.

• Free cash flow and adjusted EBITDA have grown substantially, with adjusted EBITDA increasing at a 59% CAGR from 2019-2025.

• 10,800+ customers and 443,100+ FOREWARN users as of Q2'26.

Market trends and growth drivers

• Digital transformation and regulatory compliance are accelerating demand for automated, scalable identity solutions.

• Fraud is a growing threat, with 98% of financial institutions experiencing fraud in 2023 and rising losses.

• Organizations are increasing investments in identity verification, with 91% planning to boost spending by at least 10%.

• High-volume, technology-enabled workflows and unified data are critical for modern risk management.