Red Violet Q1 revenue up 26% to record $22M; EPS $0.24, adj. EPS $0.33

Red Violet, Inc.

2025-Q1 EPS reported $0.24 revenue$22,003,000

Revenue $22.0M (+26% YoY); gross profit $15.8M (+37%); gross margin 72% (vs 66%).
Net income $3.4M (+93%); diluted EPS $0.24; adjusted EBITDA $8.4M (+47%), margin 38%.
Added 315 IDI customers (total 9,241) and 21,918 FOREWARN users (total 325,336).
Paid special cash dividend of $0.30/share ($4.2M total) on Feb 14, 2025.
Cash and cash equivalents $34.6M as of March 31, 2025.

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