Reported Earnings • May 22
First quarter 2026 earnings released: US$0.025 loss per share (vs US$0.019 loss in 1Q 2025) First quarter 2026 results: US$0.025 loss per share (further deteriorated from US$0.019 loss in 1Q 2025). Revenue: US$820.5k (down 48% from 1Q 2025). Net loss: US$526.8k (loss widened 52% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. New Risk • May 22
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: US$4.9m This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (38% average weekly change). Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Market cap is less than US$10m (€4.67m market cap, or US$5.42m). Minor Risk Revenue is less than US$5m (US$4.9m revenue). Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Chairman & Lead Independent Director Lenny Murphy was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Apr 21
RIWI Corp., Annual General Meeting, Jun 24, 2026 RIWI Corp., Annual General Meeting, Jun 24, 2026. 공시 • Mar 12
RIWI Corp. announced that it has received CAD 2.496666 million in funding On March 11, 2026, RIWI Corp. closed the transaction. The company issued 4,530,900 Units at a price of CAD at a price of CAD 0.30 per Unit for gross proceeds of CAD 1,359,270 in its second and final tranche. Including the first tranche, the Company issued an aggregate of 8,322,220 Units for total gross proceeds of CAD 2,496,666. Each Unit consists of one common share in the capital of the Company and one-half of one Common Share purchase warrant. Each Warrant will entitle the holder to purchase one additional Share of the Company at a price of CAD 0.50 per Share for a period of two (2) years from the date of closing. Insiders of the Company participated in the Offering for a total of 614,400 Units. The Company paid finder's fees consisting of cash commissions totaling CAD 57,312 to certain arm's length finders, representing 6% of the gross proceeds raised from subscribers introduced by such finders, in accordance with the policies of the Exchange. The Offering remains subject to the final acceptance of the TSX Venture Exchange (the "Exchange") and other customary closing conditions. 공시 • Feb 06
RIWI Corp. announced that it expects to receive CAD 1.5 million in funding RIWICorp. announced a non-brokered private placement for the issuance of up to 5,000,000 units at a price of CAD 0.30 per Unit for aggregate gross proceeds of up to CAD 1,500,000 on February 5, 2026. Each Unit consists of one common share in the capital of the Company (a "Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to purchase one additional Share of the Company at price of CAD 0.50 per Share for a period of two (2) years from the date of closing. Completion of the Offering is subject to the acceptance of the TSX Venture Exchange (the "Exchange) and other customary closing conditions. The Units, and all securities underlying the Units, will be subject to a statutory hold period of four months and one day from their date of issue in accordance with applicable securities laws. 공시 • Sep 16
RIWI Corp. announced that it has received CAD 1 million in funding from Pathfinder Asset Management Limited RIWI Corp. announced that it has received CAD 1,000,000 in a round of funding on September 15, 2025. The transaction includes participation from current lender Pathfinder Asset Management Limited. The company has issued working capital Loan. The Loan will have a term of two (2) years and will accrue interest at the rate of 12% per annum. 공시 • Apr 07
RIWI Corp., Annual General Meeting, Jun 11, 2025 RIWI Corp., Annual General Meeting, Jun 11, 2025. Location: ontario, toronto Canada 공시 • Oct 11
RIWI Corp. (TSXV:RIWI) acquired Theoremreach LLC for $3.4 million. RIWI Corp. (TSXV:RIWI) acquired Theoremreach LLC for $3.4 million on October 10, 2024. The Transaction is an arms-length purchase for total purchase consideration of $2.4 million USD to the shareholders of TheoremReach, of which $1.75 million was paid by the RIWI in cash upon closing of the Transaction, with the balance of $650,000 to be subject to standard adjustments for post-closing working capital and accounts receivable and to be paid on or before October 10, 2025. Additionally, the vending TheoremReach shareholders may be entitled to receive up to an additional $1 million USD in earn-out payments subject to the satisfaction of certain revenue and profitability targets for the 2025 RIWI fiscal year, such amount to be payable, at the Corporation’s election, in either cash or Corporation common shares.
The transaction is subject to debt financing secured by acquirer.
RIWI Corp. (TSXV:RIWI) completed the acquisition of Theoremreach LLC. New Risk • Sep 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.46m (US$9.35m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 59% per year over the past 5 years. Market cap is less than US$10m (€8.46m market cap, or US$9.35m). Minor Risk Revenue is less than US$5m (US$4.2m revenue). Reported Earnings • Aug 22
Second quarter 2024 earnings released: US$0.006 loss per share (vs US$0.009 loss in 2Q 2023) Second quarter 2024 results: US$0.006 loss per share (improved from US$0.009 loss in 2Q 2023). Revenue: US$1.03m (up 11% from 2Q 2023). Net loss: US$108.8k (loss narrowed 33% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 25
Full year 2023 earnings released: US$0.045 loss per share (vs US$0.094 loss in FY 2022) Full year 2023 results: US$0.045 loss per share (improved from US$0.094 loss in FY 2022). Revenue: US$4.18m (up 50% from FY 2022). Net loss: US$813.3k (loss narrowed 52% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance. 공시 • Apr 16
RIWI Corp., Annual General Meeting, Jun 19, 2024 RIWI Corp., Annual General Meeting, Jun 19, 2024. Board Change • Jan 05
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. President, CEO & Director Greg Wong was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Dec 23
Founder & Non-Executive Chairman recently sold €54k worth of stock On the 20th of December, Neil Seeman sold around 120k shares on-market at roughly €0.45 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Neil's only on-market trade for the last 12 months. Reported Earnings • Nov 24
Third quarter 2023 earnings released: EPS: US$0.001 (vs US$0.018 loss in 3Q 2022) Third quarter 2023 results: EPS: US$0.001 (up from US$0.018 loss in 3Q 2022). Revenue: US$1.14m (up 48% from 3Q 2022). Net income: US$14.3k (up US$335.1k from 3Q 2022). Profit margin: 1.2% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 24
Second quarter 2023 earnings released: US$0.009 loss per share (vs US$0.037 loss in 2Q 2022) Second quarter 2023 results: US$0.009 loss per share (improved from US$0.037 loss in 2Q 2022). Revenue: US$928.4k (up 152% from 2Q 2022). Net loss: US$162.2k (loss narrowed 75% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Reported Earnings • May 25
First quarter 2023 earnings released: US$0.007 loss per share (vs US$0.01 loss in 1Q 2022) First quarter 2023 results: US$0.007 loss per share (improved from US$0.01 loss in 1Q 2022). Revenue: US$1.20m (up 34% from 1Q 2022). Net loss: US$127.9k (loss narrowed 27% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Board Change • May 22
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. Independent Lead Director Kevin Mahoney was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. 공시 • May 17
RIWI Corp. to Report Q1, 2023 Results on May 24, 2023 RIWI Corp. announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on May 24, 2023 Board Change • Apr 06
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 6 highly experienced directors. Independent Lead Director Kevin Mahoney was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Jan 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 4 highly experienced directors. Independent Lead Director Kevin Mahoney was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.