---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-003412"
form_type: "8-K"
ticker: "RDVT"
cik: "0001720116"
company_name: "Red Violet, Inc."
filed_at: "2022-03-11T23:59:59+00:00"
generated_at: "2026-06-26T23:38:57.758867+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Red Violet reports Q4 revenue $11.3M (+26% YoY); full-year net income $0.7M vs. loss $6.8M

## Summary
- Total revenue for 2021 up 27% to $44.0M; GAAP net income of $0.7M vs. loss of $6.8M in 2020.
- Q4 revenue $11.3M (+26% YoY); adjusted EBITDA $1.3M (+9%); cash from operations $2.0M.
- Company raised $21.0M via sale of 552,915 shares at $38.00 per share from existing investors.
- Three-year organic revenue target of $100M+ with adjusted EBITDA margin ~40% and adjusted gross margin >80%.
- IDI customers up 14% to 6,548; FOREWARN users up 70% to 82,419; 47 customers with >$100k revenue vs 34.

## SEC filing metadata
- accession: 0000950170-22-003412
- form_type: 8-K
- ticker: RDVT
- cik: 0001720116
- company_name: Red Violet, Inc.
- filed_at: 2022-03-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1720116/000095017022003412/0000950170-22-003412-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1720116/000095017022003412/rdvt-20220309.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-003412
- JSON: https://secwatch.observer/filing/0000950170-22-003412.json
- Plain text: https://secwatch.observer/filing/0000950170-22-003412.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.