Ryvyl Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2024	FY 2023	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Sep '23 Sep 30, 2023	Dec '22 Dec 31, 2022
Revenue	61.22	56	56	65.87	65.87	32.91
Revenue Growth (YoY)	36.57%	-	-14.99%	-	100.16%	-
Cost of Revenue	35.82	33.57	33.57	40.16	40.16	16.79
Gross Profit	25.41	22.43	22.43	25.71	25.71	16.12
Selling, General & Admin	24.26	25.86	25.86	29.7	29.7	26.77
Depreciation & Amortization Expenses	1.04	2.26	2.26	2.55	2.55	20.92
Research & Development	1.18	3.85	3.85	5.76	5.76	6.28
Other Operating Expenses	5.3	11.34	11.34	-	-	-
Total Operating Expenses	31.78	43.31	43.31	38.01	38.01	53.96
Operating Income	-6.37	-20.89	-20.89	-12.3	-12.3	-37.84
Interest Expense	-2.58	-3.12	-3.12	-16.47	-16.47	-22.15
Other Non-Operating Income (Expense)	-1.02	-1.68	-2.65	-24.04	-22.63	10.74
Total Non-Operating Income (Expense)	-3.6	-4.8	-5.77	-40.51	-39.11	-11.41
Pretax Income	-9.97	-25.69	-26.66	-52.81	-51.41	-49.24
Provision for Income Taxes	0.16	-	-	-	-	-
Net Income	-19.97	-26.83	-26.83	-53.1	-53.1	-49.24
Earnings From Discontinued Operations	-4.57	-	-	-	-	-
Net Income to Common	-19.97	-26.83	-26.83	-53.1	-53.1	-49.24
Shares Outstanding (Basic)	0	0	0	0	0	0
Shares Outstanding (Diluted)	0	0	0	0	0	0
Shares Change (YoY)	126.83%	-	27.46%	-	15.24%	-
EPS (Basic)	-73.15	-140.35	-140.35	-353.85	-353.85	-378.00
EPS (Diluted)	-73.15	-140.35	-140.35	-353.85	-353.85	-378.00
Shares Outstanding	0.92	0.23	0.2	0.17	0.15	0.14
Gross Margin	41.50%	40.05%	40.05%	39.04%	39.04%	48.99%
Operating Margin	-10.41%	-37.30%	-37.30%	-18.68%	-18.68%	-114.98%
Profit Margin	-16.56%	-45.87%	-47.60%	-80.18%	-78.05%	-149.64%
EBITDA	-6.37	-20.89	-20.89	-12.3	-12.3	-37.84
EBIT	-6.37	-20.89	-20.89	-12.3	-12.3	-37.84
EBIT Margin	-10.41%	-37.30%	-37.30%	-18.68%	-18.68%	-114.98%
Effective Tax Rate	-1.64%	0.00%	0.00%	0.00%	0.00%	0.00%

Updated Nov 14, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q