---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-008145"
form_type: "8-K"
ticker: "RDVT"
cik: "0001720116"
company_name: "Red Violet, Inc."
filed_at: "2022-05-06T23:59:59+00:00"
generated_at: "2026-06-25T23:03:29.573931+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Red Violet reports record Q1 revenue of $12.7M, net income $0.1M; authorizes $5M buyback

## Summary
- Revenue $12.7M (+25% YoY); gross profit $8.1M (29% increase); net income $0.1M vs loss of $0.6M.
- Adjusted EBITDA $3.2M (+12% YoY); operating cash flow $2.4M (+97%).
- Added 44 IDI customers (6,592 total) and 9,071 FOREWARN users (91,490 total).
- Board authorized $5M share repurchase program; no expiration date.
- Released idiCORE Mobile app for investigative and fraud prevention.

## SEC filing metadata
- accession: 0000950170-22-008145
- form_type: 8-K
- ticker: RDVT
- cik: 0001720116
- company_name: Red Violet, Inc.
- filed_at: 2022-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1720116/000095017022008145/0000950170-22-008145-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1720116/000095017022008145/rdvt-20220504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-008145
- JSON: https://secwatch.observer/filing/0000950170-22-008145.json
- Plain text: https://secwatch.observer/filing/0000950170-22-008145.txt

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