Ryvyl Inc. (RVYL)

Ryvyl Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	48.9	56	65.87	32.91	26.3	8.53
Revenue Growth (YoY)	-6.63%	-14.99%	100.16%	25.11%	208.56%	-14.77%
Cost of Revenue	29.17	33.57	40.16	16.79	10.07	4.83
Gross Profit	19.74	22.43	25.71	16.12	16.23	3.7
Selling, General & Admin	22.39	25.24	27.85	23.8	24.65	4.38
Research & Development	2.21	3.85	5.76	6.28	3.87	1.36
Operating Expenses	26.83	31.97	38.01	35.86	45.44	8.8
Operating Income	-7.09	-9.55	-12.3	-19.74	-29.21	-5.1
Interest Expense	-3.16	-3.12	-16.47	-22.15	-4.93	-1.51
Other Non Operating Income (Expenses)	0.9	0.98	4.07	16.45	-0.77	1.61
EBT Excluding Unusual Items	-9.36	-11.68	-24.7	-25.44	-34.91	-5.01
Merger & Restructuring Charges	-0.57	-1.64	-	-	-	-
Impairment of Goodwill	-	-6.68	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	1.07	-	-	-
Asset Writedown	-4.12	-3.03	-	-18.1	-	-
Legal Settlements	-2.06	-2.06	-4.14	-	-	-
Other Unusual Items	-0.36	-0.6	-25.04	-5.71	-0.36	-
Pretax Income	-16.47	-25.69	-52.81	-49.24	-35.27	-5.01
Income Tax Expense	1.28	1.14	0.29	-0.01	0	-
Net Income	-23.19	-26.83	-53.1	-49.24	-35.27	-5.01
Net Income to Common	-23.19	-26.83	-53.1	-49.24	-35.27	-5.01
Shares Outstanding (Basic)	8	7	5	5	4	3
Shares Outstanding (Diluted)	8	7	5	5	4	3
Shares Change (YoY)	43.28%	27.46%	15.24%	11.95%	36.29%	6.79%
EPS (Basic)	-2.80	-4.01	-10.11	-10.80	-8.67	-1.68
EPS (Diluted)	-2.80	-4.01	-10.11	-10.80	-8.67	-1.68
Free Cash Flow	15.23	21.14	33.05	-9.51	-27.32	-4.17
Free Cash Flow Per Share	1.84	3.16	6.29	-2.09	-6.71	-1.40
Gross Margin	40.36%	40.05%	39.03%	48.99%	61.72%	43.40%
Operating Margin	-14.50%	-17.05%	-18.68%	-59.98%	-111.03%	-59.88%
Profit Margin	-47.41%	-47.90%	-80.62%	-149.61%	-134.10%	-58.74%
Free Cash Flow Margin	31.15%	37.76%	50.18%	-28.89%	-103.88%	-48.88%
EBITDA	-5.72	-7.28	-9.75	-16.92	-28.33	-5.09
EBITDA Margin	-11.70%	-13.00%	-14.80%	-51.42%	-107.71%	-59.69%
D&A For EBITDA	1.37	2.26	2.55	2.82	0.87	0.02
EBIT	-7.09	-9.55	-12.3	-19.74	-29.21	-5.1
EBIT Margin	-14.50%	-17.05%	-18.68%	-59.98%	-111.03%	-59.88%
Advertising Expenses	-	0.1	0.08	1.34	0.13	0.09

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q