Reported Earnings • May 23
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 only fallen by 16% per year, which means it has not declined as severely as earnings. Board Change • Apr 26
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. Announcement • Apr 21
RIWI Corp., Annual General Meeting, Jun 24, 2026 RIWI Corp., Annual General Meeting, Jun 24, 2026. Reported Earnings • Apr 17
Full year 2025 earnings released: US$0.12 loss per share (vs US$0.045 loss in FY 2024) Full year 2025 results: US$0.12 loss per share (further deteriorated from US$0.045 loss in FY 2024). Revenue: US$5.67m (up 10% from FY 2024). Net loss: US$2.24m (loss widened 177% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. New Risk • Mar 12
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 48% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 33% per year over the past 5 years. Shareholders have been substantially diluted in the past year (48% increase in shares outstanding). Market cap is less than US$10m (CA$9.62m market cap, or US$7.06m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). Announcement • 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. New Risk • Mar 02
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 33% per year over the past 5 years. Market cap is less than US$10m (CA$7.77m market cap, or US$5.70m). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Announcement • 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. New Risk • Nov 15
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$887k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$887k free cash flow). Shares are highly illiquid. Earnings have declined by 33% per year over the past 5 years. Market cap is less than US$10m (CA$8.47m market cap, or US$6.04m). Reported Earnings • Nov 15
Third quarter 2025 earnings released: US$0.013 loss per share (vs US$0.022 loss in 3Q 2024) Third quarter 2025 results: US$0.013 loss per share (improved from US$0.022 loss in 3Q 2024). Revenue: US$1.44m (up 36% from 3Q 2024). Net loss: US$247.2k (loss narrowed 37% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • 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. New Risk • Aug 22
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$703k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$703k free cash flow). Shares are highly illiquid. Earnings have declined by 42% per year over the past 5 years. Market cap is less than US$10m (CA$7.74m market cap, or US$5.59m). Reported Earnings • Aug 22
Second quarter 2025 earnings released: US$0.019 loss per share (vs US$0.006 loss in 2Q 2024) Second quarter 2025 results: US$0.019 loss per share (further deteriorated from US$0.006 loss in 2Q 2024). Revenue: US$1.50m (up 46% from 2Q 2024). Net loss: US$336.4k (loss widened 209% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. New Risk • May 22
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$722k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$722k free cash flow). Shares are highly illiquid. Earnings have declined by 48% per year over the past 5 years. Market cap is less than US$10m (CA$9.00m market cap, or US$6.50m). Reported Earnings • May 22
First quarter 2025 earnings released: US$0.019 loss per share (vs US$0.002 profit in 1Q 2024) First quarter 2025 results: US$0.019 loss per share (down from US$0.002 profit in 1Q 2024). Revenue: US$1.57m (up 38% from 1Q 2024). Net loss: US$345.8k (down US$372.9k from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Announcement • Apr 07
RIWI Corp., Annual General Meeting, Jun 11, 2025 RIWI Corp., Annual General Meeting, Jun 11, 2025. Location: ontario, toronto Canada Reported Earnings • Nov 21
Third quarter 2024 earnings released: US$0.022 loss per share (vs US$0.001 profit in 3Q 2023) Third quarter 2024 results: US$0.022 loss per share (down from US$0.001 profit in 3Q 2023). Revenue: US$1.06m (down 7.5% from 3Q 2023). Net loss: US$393.2k (down US$407.5k from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Announcement • 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: CA$12.6m (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 Shares are highly illiquid. Earnings have declined by 59% per year over the past 5 years. Market cap is less than US$10m (CA$12.6m 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 whereas the company’s share price has fallen by 17% per year. 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 34 percentage points per year, which is a significant difference in performance. Announcement • Apr 16
RIWI Corp., Annual General Meeting, Jun 19, 2024 RIWI Corp., Annual General Meeting, Jun 19, 2024. New Risk • Mar 15
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.0m (US$9.58m) 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 Earnings have declined by 62% per year over the past 5 years. Market cap is less than US$10m (CA$13.0m market cap, or US$9.58m). Minor Risks Significant insider selling over the past 3 months (CA$78k sold). Revenue is less than US$5m (US$4.0m revenue). Board Change • Jan 06
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 22
Founder & Non-Executive Chairman recently sold CA$78k worth of stock On the 20th of December, Neil Seeman sold around 120k shares on-market at roughly CA$0.65 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 55 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 58 percentage points per year, which is a significant difference in performance. Announcement • 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 Reported Earnings • May 13
Full year 2022 earnings released: US$0.094 loss per share (vs US$0.03 loss in FY 2021) Full year 2022 results: US$0.094 loss per share (further deteriorated from US$0.03 loss in FY 2021). Revenue: US$2.79m (down 33% from FY 2021). Net loss: US$1.69m (loss widened 213% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Board Change • Mar 17
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. Announcement • Dec 23
RIWI Corp. Releases Its Next-Generation Platform and Onboards First Set of Customers RIWI Corp. onboarded its first set of customers onto its next-generation platform. RIWI began the process of redefining itself in 2022 by evolving from a project-based organization focusing on innovative surveys to becoming a global data and platform provider with strong recurring revenues, syndicated data streams, and software solutions to assist in the collection, analysis, and syndication of sentiment data. Major milestones accomplished this year include the launch and support of the Compass Data Series, a macroeconomic and geo-political risk set of indices that required the development and support for both time series and geographic targeting functionality. RIWI's next major milestone was the acquisition of Research on Mobile (ROM), which provided the company with a larger technology team and the ability to provide programmatic sampling for market-research marketplaces as well as increased geographic reach and improved support for longer-form surveys. RIWI is now pleased to announce the first release of its new integrated platform. The platform provides clients with improved data visualization, enhanced security, the ability to draw from larger and thus more representative samples, time series data, and access to all their projects and data subscription products in a single dashboard. These enhancements and resulting options provide clients with better insight into RIWI's methodology and data collection, ensuring they understand and trust the platform's survey fulfillment, quality processes, and resulting data. Looking forward, RIWI will continue evolving from a survey company to a versatile data company where clients can access and launch survey projects, subscribe to data subscription products, purchase platform access for data from specific countries or geographies and leverage their technology to further their own research. RIWI's technology team will continue its work to provide clients with quarterly platform enhancements with work in 2023 including further development of the platform's interface, respondent recruitment methods, self-service options for clients to develop and launch studies themselves, online access to best practice documentation and templates, and new features to explore data. Board Change • Nov 17
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. Reported Earnings • Aug 26
Second quarter 2022 earnings released: US$0.037 loss per share (vs US$0.003 profit in 2Q 2021) Second quarter 2022 results: US$0.037 loss per share (down from US$0.003 profit in 2Q 2021). Revenue: US$368.7k (down 71% from 2Q 2021). Net loss: US$658.3k (down US$703.6k from profit in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Board Change • Jul 24
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. 9 experienced directors. 3 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. Announcement • Jun 30
RIWI Corp. (TSXV:RIWI) entered into a definitive agreement to acquire Research on Mobile for RIWI Corp. (TSXV:RIWI) entered into a definitive agreement to acquire Research on Mobile for €498.80 million ($525 million) on June 29, 2022. Under the terms of the arms-length Transaction, A part of the consideration will be held back for any post-closing adjustments. In addition, ROM may be entitled to receive additional earn-out payments subject to the satisfaction of certain revenue and profitability targets as well as employee retention targets for the 2022, 2023 and 2024 RIWI fiscal years. No debt has been issued nor will any finders fees be paid as part of this transaction. Research on Mobile reported revenues of €1.1 million and Net profit of €0.08 million for the period ended December 31, 2021. The Transaction is expected to close within the next 2 to 10 days. Announcement • Feb 02
RIWI Corp. Appoints Anthony Tetrault as Interim Chief Financial Officer RIWI Corp. announced that Anthony Tetrault, CPA, CA, a finance leader for software firms, will serve as interim CFO of the company, effective February 1, 2021. Mr. Tetrault has held a series of progressively senior roles during his career in finance, having served as co-founder of Alfa Inc., Global Head of Finance at Valsoft Corp., and Director of Finance and Accounting at Tecsys, a publicly traded software firm. Announcement • Sep 15
RIWI Launches New Product for Finance Clients Focused on China RIWI is excited to announced the launch of its newest product called "RIWI Alpha-China". RIWI Alpha-China provides novel, real-time, actionable intelligence for financial market participants. RIWI's product gathers survey response data on an ongoing basis from respondents in all Chinese provinces, including from those who live in rural areas and are rarely surveyed. Early finance customers use RIWI's cost-effective, syndicated offering to gain an information edge on predicting the changing and event-driven market performance of electric vehicle and luxury goods brands. Announcement • Feb 25
RIWI Corp., Annual General Meeting, Apr 29, 2021 RIWI Corp., Annual General Meeting, Apr 29, 2021. Announcement • Nov 18
RIWI Corp. Announces an Initial Contract Order to RIWI for over USD 650,000 RIWI Corp. announced that BofA Securities has awarded an initial contract order to RIWI for over USD 650,000 under its new three-year long-term agreement (the "Agreement"). BofA Securities represents the Bank of America's institutional broker-dealer businesses, including Global Markets, Investment Banking, and Capital Markets. This new contract order is the first request for RIWI data collection services under the Agreement signed between RIWI and BofA Securities on August 1, 2020. Under the Agreement, BofA Securities enjoys the opportunity to issue additional contract orders for RIWI data collection services - in any country of the world and on a broad range of topics affecting the global economy - up to July 31, 2023. This is the second three-year agreement RIWI has won with BofA Securities to date. RIWI's offerings for the finance sector include: predictions about major geopolitical events that significantly impact equities and markets; high-frequency data on the behavioral and labor market impacts of public health phenomena, such as COVID-19 vaccine approvals and vaccine hesitancy; and real-time analytics about fast-changing consumer sentiment, employment, and business investment trends across China. Announcement • Nov 06
RIWI Corp. Publicly Releases All of the U.S. Election Reports That the Company Prepared for Global Finance Clients Since September 8, 2020 RIWI Corp. publicly released all of the U.S. Election reports that the Company prepared for global finance clients since September 8, 2020. In contrast to almost all public polling and mainstream media forecasts that predicted a "Blue Wave" and blowout victory for former Vice President Joe Biden, RIWI's final client report on November 2, at 10 am Eastern Standard Time, showed a different story: the much tighter race that they see in today's results. RIWI's randomly engaged forecasters represented a continuous evaluation of the views of 100,584 different Americans. RIWI's approach is unique. Announcement • Jul 26
RIWI Corp. to Delist from Canadian Securities Exchange At the request of RIWI Corp. the common shares of the Company will be delisted from Canadian Securities Exchange at market close on July 24, 2020. The Company's common shares will continue to trade on the TSX Venture Exchange. 