Ryvyl Earnings Call Transcripts
Fiscal Year 2026
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Shareholders approved the merger with RTB Digital, Inc, a company name change, and the authority to adjourn if needed. All proposals passed, with final results to be reported in a Form 8-K filing.
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The meeting focused on securing approval for a merger with RTB Digital, Inc., with 99% of votes cast in favor but only 45% of eligible shares voting. The meeting was adjourned and extended for five days to solicit more votes, with the new deadline set for March 30, 2026.
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Shareholders discussed and voted on a proposed merger with RTB Digital, Inc., with 99% of votes cast in favor but not enough total votes to approve. The meeting was adjourned for one week to solicit additional votes.
Fiscal Year 2025
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The meeting covered board elections, auditor ratification, a reverse stock split, and an increase in authorized shares, with all proposals approved by shareholders. Voting procedures and risk disclosures were emphasized, and the Q&A session was brief.
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A blockchain-based SaaS platform for media is live, highly efficient, and already generating millions in revenue with over 100 commercial contracts. The company is merging with Ryvyl, has a strong leadership team, $30M in cash, and targets a $200B market.
Fiscal Year 2024
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Q3 2024 saw strong international growth and sequential revenue gains, with processing volumes up 31% year-over-year. Revenue guidance for 2024 was adjusted to $56–$60 million, and substantial growth is expected in 2025, led by the international segment.
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Founded in 2017, the company has rapidly scaled global payment processing, now handling over $1 billion monthly and $65 million in annual revenue, with 80% of business outside the U.S. Strategic partnerships, technology licensing, and a shift to high-margin, diversified markets underpin guidance for flat 2024 revenue and EBITDA positivity in Q4.
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Q2 2024 saw robust international growth, especially in Europe, offsetting U.S. regulatory headwinds. Revenue guidance for 2024 is $65–$70 million, with profitability targeted in Q4, driven by new products, licensing, and strong demand in high-risk verticals.