---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-24-000108"
form_type: "8-K"
ticker: "RVYL"
cik: "0001419275"
company_name: "RYVYL Inc."
filed_at: "2024-01-19T23:59:59+00:00"
generated_at: "2026-06-06T21:11:03.975475+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RYVYL preannounces FY2023 revenue >$64M (+94% YoY); guides 2024 to $95-100M

## Summary
- Q4 2023 revenue ~$21M; FY2023 revenue >$64M (+94% YoY).
- Processing volume $3B (+58% YoY); debt reduced $60.3M in Q4 to $19.7M.
- Cash $61.6M total ($11.7M unrestricted); sold Chicago office for $2.7M.
- 2024 revenue guidance $95-100M (+67%+ over 2023).
- Retained coyni subsidiary; abandoned planned spin-out to leverage platform.

## SEC filing metadata
- accession: 0001185185-24-000108
- form_type: 8-K
- ticker: RVYL
- cik: 0001419275
- company_name: RYVYL Inc.
- filed_at: 2024-01-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419275/000118518524000108/0001185185-24-000108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419275/000118518524000108/ryvyl20240119_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-24-000108
- JSON: https://secwatch.observer/filing/0001185185-24-000108.json
- Plain text: https://secwatch.observer/filing/0001185185-24-000108.txt

## Key facts
- Earnings Releases
  RYVYL Inc. updated its the year ended December 31, 2023 guidance (initiated).
  - Period: the year ended December 31, 2023
  - Guidance: initiated
  - Result: preliminary results
  source text: On January 19, 2024, RYVYL Inc., a Nevada corporation (the “Company”), issued a press release including certain preliminary financial and operating results for the year ended December 31, 2023. The press release also contains information providing certain 2024 revenue guidance for the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1419275/000118518524000108/0001185185-24-000108-index.htm

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