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Red Violet

Nasdaq:RDVT
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RDVT
Nasdaq
$68M
Market Cap
  1. Home
  2. US
  3. Commercial Services
Company description

Red Violet, Inc., a software and services company, specializes in big data analysis providing cloud-based mission-critical information solutions to enterprises in various industries in the United States. The last earnings update was 18 days ago. More info.


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RDVT Share Price and Events
7 Day Returns
-6.3%
NasdaqCM:RDVT
-0.9%
US Professional Services
-1.1%
US Market
1 Year Returns
-85.6%
NasdaqCM:RDVT
9.6%
US Professional Services
6.4%
US Market
RDVT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Red Violet (RDVT) -6.3% -10.6% -2.2% -85.6% - -
US Professional Services -0.9% 1.2% 24.7% 9.6% 33.4% 50.2%
US Market -1.1% 0.3% 17.2% 6.4% 37.9% 42.1%
1 Year Return vs Industry and Market
  • RDVT underperformed the Professional Services industry which returned 9.6% over the past year.
  • RDVT underperformed the Market in United States of America which returned 6.4% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

RDVT Value

 Is Red Violet undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Red Violet. This is due to cash flow or dividend data being unavailable. The share price is $6.66.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Red Violet's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Red Violet's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:RDVT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.67
NasdaqCM:RDVT Share Price ** NasdaqCM (2019-03-22) in USD $6.66
United States of America Professional Services Industry PE Ratio Median Figure of 35 Publicly-Listed Professional Services Companies 21.63x
United States of America Market PE Ratio Median Figure of 3,062 Publicly-Listed Companies 17.16x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Red Violet.

NasdaqCM:RDVT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:RDVT Share Price ÷ EPS (both in USD)

= 6.66 ÷ -0.67

-9.96x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Red Violet is loss making, we can't compare its value to the US Professional Services industry average.
  • Red Violet is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Red Violet's expected growth come at a high price?
Raw Data
NasdaqCM:RDVT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -9.96x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Professional Services Industry PEG Ratio Median Figure of 33 Publicly-Listed Professional Services Companies 1.56x
United States of America Market PEG Ratio Median Figure of 2,105 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Red Violet, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Red Violet's assets?
Raw Data
NasdaqCM:RDVT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $3.53
NasdaqCM:RDVT Share Price * NasdaqCM (2019-03-22) in USD $6.66
United States of America Professional Services Industry PB Ratio Median Figure of 56 Publicly-Listed Professional Services Companies 2.19x
United States of America Market PB Ratio Median Figure of 5,165 Publicly-Listed Companies 1.85x
NasdaqCM:RDVT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:RDVT Share Price ÷ Book Value per Share (both in USD)

= 6.66 ÷ 3.53

1.88x

* Primary Listing of Red Violet.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Red Violet is good value based on assets compared to the US Professional Services industry average.
X
Value checks
We assess Red Violet's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Professional Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Professional Services industry average (and greater than 0)? (1 check)
  5. Red Violet has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

RDVT Future Performance

 How is Red Violet expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Red Violet has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
21.4%
Expected Professional Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Red Violet expected to grow at an attractive rate?
  • Unable to compare Red Violet's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Red Violet's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Red Violet's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:RDVT Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 21.4%
United States of America Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 5.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:RDVT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:RDVT Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 16 -8 -7
2018-09-30 14 -9 -8
2018-06-30 12 -12 -10
2018-03-31 10 -12 -21
2017-12-31 9 -10 -22
2017-09-30 7 -10 -22
2017-06-30 6 -7 -26
2017-03-31 5 -7 -17
2016-12-31 5 -7 -17

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Red Violet is high growth as no earnings estimate data is available.
  • Unable to determine if Red Violet is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:RDVT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Red Violet Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:RDVT Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.67
2018-09-30 -0.78
2018-06-30 -0.98
2018-03-31 -2.02
2017-12-31 -2.09
2017-09-30 -2.14
2017-06-30 -2.54
2017-03-31 -1.64
2016-12-31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Red Violet will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Red Violet's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Red Violet's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. Red Violet's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Red Violet's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Red Violet has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

RDVT Past Performance

  How has Red Violet performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Red Violet's growth in the last year to its industry (Professional Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Red Violet does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Red Violet's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Red Violet's 1-year growth to the US Professional Services industry average as it is not currently profitable.
Earnings and Revenue History
Red Violet's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Red Violet Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:RDVT Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 16.30 -6.87 12.78
2018-09-30 14.30 -7.97 12.63
2018-06-30 12.25 -10.05 12.51
2018-03-31 10.33 -20.69 13.28
2017-12-31 8.58 -21.50 12.68
2017-09-30 7.20 -22.02 11.51
2017-06-30 6.09 -26.07 10.77
2017-03-31 5.13 -16.85 9.71
2016-12-31 4.59 -16.86 10.04
2015-12-31 4.00 -10.64 10.25

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Red Violet has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Red Violet has efficiently used its assets last year compared to the US Professional Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Red Violet improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Red Violet's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Professional Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Red Violet has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

RDVT Health

 How is Red Violet's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Red Violet's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Red Violet is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Red Violet has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Red Violet's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Red Violet has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Red Violet Company Filings, last reported 2 months ago.

NasdaqCM:RDVT Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 36.28 0.00 9.95
2018-09-30 37.92 0.00 12.65
2018-06-30 38.82 0.00 15.84
2018-03-31 40.26 0.00 19.79
2017-12-31 17.74 0.00 0.07
2017-09-30 15.80 0.00 0.25
2017-06-30 11.51 0.00 0.17
2017-03-31 15.22 0.00 0.23
2016-12-31 15.22 0.00 0.23
2015-12-31 11.91 0.00
  • Red Violet has no debt.
  • Red Violet has not taken on any debt in the past 5 years.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Red Violet has less than a year of cash runway based on current free cash flow.
  • Red Violet has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.6% each year.
X
Financial health checks
We assess Red Violet's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Red Violet has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

RDVT Dividends

 What is Red Violet's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Red Violet dividends.
If you bought $2,000 of Red Violet shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Red Violet's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Red Violet's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:RDVT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 20 Stocks 1.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2003 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Red Violet has not reported any payouts.
  • Unable to verify if Red Violet's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Red Violet's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Red Violet has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Red Violet's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Red Violet afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Red Violet has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

RDVT Management

 What is the CEO of Red Violet's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Derek Dubner
COMPENSATION $2,720,000
AGE 46
TENURE AS CEO 1.6 years
CEO Bio

Mr. Derek Dubner has been Interim Chairman of Red Violet, Inc. since September 2018 and also has been its Chief Executive Officer and Director since August 2017. Mr. Dubner served as its Interim President at Cogint, Inc. from July 1, 2016 to June 30, 2017 and served as its Interim Chief Operating Officer from July 1, 2016 to August 8, 2016. Mr. Dubner served as the Chief Executive Officer of Fluent, Inc. (formerly, The Best One, Inc.) since March 9, 2016 until March 26, 2018. He served as Co-Chief Executive Officer of Cogint, Inc. ( also known as Fluent, Inc. ) from March 21, 2015 to March 09, 2016. Prior to TBO, he served as General Counsel of TransUnion Risk and Alternative Data Solutions, Inc. from December 2013 to June 2014. He was Chief Executive Officer at Interactive Data, LLC since October 2014. Mr. Dubner served as General Counsel and Secretary of TLO, LLC from 2009 to December 2013. He has over 15 years of experience in the data fusion industry. He served as Vice President and Associate Group Counsel at Equifax, General Counsel and Chief Compliance Officer at Naviant (acquired by Equifax) and Corporate Counsel at Seisint (acquired by Reed Elsevier’s LexisNexis). He served as Director of Cogint, Inc. from March 2015 to March 26, 2018. Mr. Dubner holds a B.S. degree in Economics/Finance from Pennsylvania State University and a J.D. from Florida State University.

CEO Compensation
  • Derek's compensation has increased whilst company is loss making.
  • Derek's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Red Violet management team in years:

1.6
Average Tenure
45
Average Age
  • The average tenure for the Red Violet management team is less than 2 years, this suggests a new team.
Management Team

Derek Dubner

TITLE
Interim Chairman & CEO
COMPENSATION
$3M
AGE
46
TENURE
1.6 yrs

James Reilly

TITLE
President
COMPENSATION
$132K
AGE
44
TENURE
1.6 yrs

Dan MacLachlan

TITLE
Chief Financial Officer
COMPENSATION
$3M
AGE
39
TENURE
1.6 yrs

Jacky Wang

TITLE
Chief Accounting Officer

Jeff Dell

TITLE
Chief Information Officer
AGE
46
TENURE
1.6 yrs

Ole Poulsen

TITLE
Chief Science Officer
TENURE
1 yrs
Board of Directors Tenure

Average tenure and age of the Red Violet board of directors in years:

1
Average Tenure
57.5
Average Age
  • The average tenure for the Red Violet board of directors is less than 3 years, this suggests a new board.
Board of Directors

Derek Dubner

TITLE
Interim Chairman & CEO
COMPENSATION
$3M
AGE
46
TENURE
0.5 yrs

Peter Benz

TITLE
Director
AGE
57
TENURE
1 yrs

Steve Rubin

TITLE
Director
AGE
58
TENURE
1 yrs

Bob Swayman

TITLE
Director
AGE
63
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Red Violet insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
22. Mar 19 Buy Grander Holdings Inc., 401K plan Company 21. Mar 19 21. Mar 19 4,500 $6.72 $30,240
21. Mar 19 Buy Grander Holdings Inc., 401K plan Company 20. Mar 19 20. Mar 19 2,800 $6.86 $19,208
14. Mar 19 Buy Grander Holdings Inc., 401K plan Company 12. Mar 19 13. Mar 19 4,949 $7.28 $35,892
12. Mar 19 Buy Grander Holdings Inc., 401K plan Company 08. Mar 19 11. Mar 19 10,500 $7.06 $74,065
11. Mar 19 Buy Peter Benz Individual 08. Mar 19 08. Mar 19 10,332 $7.05 $72,841
11. Mar 19 Buy Derek Dubner Individual 08. Mar 19 08. Mar 19 2,000 $7.10 $14,200
11. Mar 19 Buy James Reilly Individual 08. Mar 19 08. Mar 19 1,500 $7.10 $10,650
08. Mar 19 Buy Grander Holdings Inc., 401K plan Company 07. Mar 19 07. Mar 19 9,500 $7.19 $68,305
17. Dec 18 Sell Matthew Conlin Individual 09. Apr 18 12. Dec 18 -542,330 $9.61 $-5,210,164
06. Dec 18 Sell Ryan Schulke Individual 14. Jun 18 14. Jun 18 -191,000 $7.33 $-1,400,030
06. Dec 18 Sell Ryan Schulke Individual 17. Apr 18 27. Nov 18 -277,474 $8.10 $0
27. Nov 18 Buy Grander Holdings Inc., 401K plan Company 26. Nov 18 26. Nov 18 1,000 $7.00 $7,000
26. Nov 18 Buy Grander Holdings Inc., 401K plan Company 21. Nov 18 23. Nov 18 992 $7.12 $6,868
20. Nov 18 Buy Grander Holdings Inc., 401K plan Company 16. Nov 18 20. Nov 18 2,102 $6.92 $14,326
15. Nov 18 Buy Grander Holdings Inc., 401K plan Company 14. Nov 18 14. Nov 18 1,800 $6.69 $12,042
14. Nov 18 Buy Grander Holdings Inc., 401K plan Company 13. Nov 18 13. Nov 18 2,600 $6.20 $16,120
13. Nov 18 Buy Grander Holdings Inc., 401K plan Company 09. Nov 18 10. Nov 18 14,002 $6.14 $85,118
02. Oct 18 Buy Grander Holdings Inc., 401K plan Company 28. Sep 18 02. Oct 18 23,000 $6.39 $145,305
12. Sep 18 Buy James Reilly Individual 11. Sep 18 11. Sep 18 4,500 $6.60 $29,700
10. Sep 18 Buy Derek Dubner Individual 06. Sep 18 10. Sep 18 3,000 $7.60 $20,580
04. Sep 18 Buy Michael Brauser Individual 31. Aug 18 31. Aug 18 2,000 $7.80 $15,600
29. Aug 18 Buy Grander Holdings Inc., 401K plan Company 28. Aug 18 28. Aug 18 2,500 $7.85 $19,625
28. Aug 18 Buy Grander Holdings Inc., 401K plan Company 27. Aug 18 27. Aug 18 4,187 $7.63 $31,947
18. Jun 18 Buy Grander Holdings Inc., 401K plan Company 15. Jun 18 15. Jun 18 27,498 $5.00 $137,490
18. Jun 18 Buy Derek Dubner Individual 15. Jun 18 15. Jun 18 10,000 $5.00 $50,000
18. Jun 18 Buy Daniel McLachlan Individual 15. Jun 18 15. Jun 18 2,500 $5.00 $12,500
12. Jun 18 Buy Michael Brauser Individual 08. Jun 18 08. Jun 18 191,000 $7.33 $1,400,030
18. May 18 Buy Grander Holdings Inc., 401K plan Company 17. May 18 17. May 18 8,600 $7.48 $64,328
17. May 18 Buy Grander Holdings Inc., 401K plan Company 15. May 18 15. May 18 5,000 $5.89 $29,450
17. May 18 Buy Michael Brauser Individual 15. May 18 15. May 18 1,667 $5.97 $9,952
04. May 18 Buy BSIG, LLC Company 03. May 18 03. May 18 4,000 $5.87 $23,480
04. May 18 Buy Grander Holdings Inc., 401K plan Company 03. May 18 03. May 18 2,000 $5.85 $11,700
03. May 18 Buy Michael Brauser Individual 02. May 18 02. May 18 8,000 $5.95 $47,600
25. Apr 18 Buy Grander Holdings Inc., 401K plan Company 24. Apr 18 24. Apr 18 8,800 $6.85 $60,280
11. Apr 18 Sell Ryan Schulke Individual 09. Apr 18 09. Apr 18 -115,000 $5.00 $-575,000
11. Apr 18 Buy Grander Holdings Inc., 401K plan Company 09. Apr 18 09. Apr 18 100,063 $5.00 $500,315
02. Apr 18 Buy Grander Holdings Inc., 401K plan Company 28. Mar 18 28. Mar 18 10,000 $6.00 $60,000
X
Management checks
We assess Red Violet's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Red Violet has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

RDVT News

Simply Wall St News

How Much Are Red Violet, Inc. (NASDAQ:RDVT) Insiders Taking Off The Table?

We often see insiders buying up shares in companies that perform well over the long term. … (NASDAQ:RDVT), you may well want to know whether insiders have been buying or selling. … But logic dictates you should pay some attention to whether insiders are buying or selling shares.

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What Investors Should Know About Red Violet, Inc.'s (NASDAQ:RDVT) Financial Strength

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is RDVT right in choosing financial flexibility over lower cost of capital. … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital

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Can We See Significant Insider Ownership On The Red Violet Inc (NASDAQ:RDVT) Share Register?

Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Red Violet is a smaller company with a market capitalization of US$62m, so it may still be flying under the radar of many institutional investors. … institutions own shares in the company.

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Why Red Violet Inc's (NASDAQ:RDVT) Ownership Structure Is Important

In this article, I'm going to take a look at Red Violet Inc’s (NASDAQ:RDVT) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Ownership structure of a company has been found to affect share performance over time. … Although this is an important factor for long-term investors, many investors can also be impacted by institutional presence and their high-volume trading.

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Who Really Owns Red Violet Inc (NASDAQ:RDVT)?

Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital. … Private Company Ownership Another important group of owners for potential investors in RDVT are private companies that hold a stake of 26.13% in RDVT. … Thus, investors should dig deeper into RDVT's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: Institutional ownership in RDVT is not at a level that would concern investors.

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What's The Cash Runway For Red Violet Inc (NASDAQ:RDVT)?

See our latest analysis for Red Violet What is cash burn? … Cash burn is when a loss-making company spends its equity to fund its expenses before making money from its day-to-day business. … This means that, if Red Violet continues to grow its opex at this rate, given how much money it currently has in the bank, it will actually need to raise capital again within the next couple of months!

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Should Red Violet Inc's (NASDAQ:RDVT) Recent Earnings Decline Worry You?

Measuring Red Violet Inc's (NASDAQ:RDVT) track record of past performance is an insightful exercise for investors. … I prefer to use data from the most recent 12 months, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … Each year, for the past half a decade Red Violet's top-line has increased by 61.99% on average, indicating that the company is in a high-growth phase with expenses racing ahead revenues, leading to annual losses.

Simply Wall St -

RDVT Company Info

Description

Red Violet, Inc., a software and services company, specializes in big data analysis providing cloud-based mission-critical information solutions to enterprises in various industries in the United States. Its proprietary platform includes CORE, a cloud-based technology platform, which serves various industries within risk management. The company serves various industries, including law enforcement, government, financial services, insurance, and corporate risk for identity verification, risk assessment, fraud detection, and compliance. It markets its products and services through value-added distributors, resellers, and strategic partners; and trade shows and seminars, advertising, public relations, distribution of sales literature, and product specifications and ongoing communication with prospective clients, distributors, resellers, strategic partners, and installed base of current clients, as well as through direct sales. The company was incorporated in 2017 and is headquartered in Boca Raton, Florida. Red Violet, Inc. (NasdaqCM:RDVT) operates independently of Cogint, Inc. as of March 26, 2018.

Details
Name: Red Violet, Inc.
RDVT
Exchange: NasdaqCM
Founded: 2017
$68,375,642
10,266,613
Website: http://www.redviolet.com
Address: Red Violet, Inc.
2650 North Military Trail,
Suite 300,
Boca Raton,
Florida, 33431,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM RDVT Common Stock Nasdaq Capital Market US USD 26. Mar 2018
DB 2KH Common Stock Deutsche Boerse AG DE EUR 26. Mar 2018
Number of employees
Current staff
Staff numbers
96
Red Violet employees.
Industry
Research and Consulting Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/25 00:47
End of day share price update: 2019/03/22 00:00
Last earnings filing: 2019/03/07
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.