secwatch.observer — SEC 8-K summary
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Issuer:     Red Violet, Inc. (RDVT)
CIK:        0001720116
Form:       8-K
Filed at:   2023-03-09T23:59:59+00:00
Accession:  0000950170-23-007075
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Red Violet Q4 revenue up 16% to $13.1M; full year net income $0.6M
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- Q4 revenue $13.1M (+16% YoY); platform revenue $12.9M (+19%); services $0.2M (-54%).
- Q4 net loss $1.5M ($0.11 loss per share) vs $1.7M loss prior year; adj. EBITDA $1.5M (+16%).
- Full year 2022 revenue $53.3M (+21%); net income $0.6M ($0.04 diluted EPS) vs $0.7M prior year.
- Cash from ops: Q4 $4.4M (+123%); FY $12.5M (+39%); cash & equivalents $31.8M.
- Added 148 IDI customers (total 7,021) and 6,909 FOREWARN users (total 116,960); 67 customers >$100k revenue (2021: 47).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720116/000095017023007075/0000950170-23-007075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720116/000095017023007075/rdvt-20230308.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-007075

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer