---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-25-000162"
form_type: "8-K"
ticker: "RVYL"
cik: "0001419275"
company_name: "RYVYL Inc."
filed_at: "2025-02-28T23:59:59+00:00"
generated_at: "2026-05-25T22:56:06.632894+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RYVYL reports prelim 2024 revenue $56M, guides 2025 revenue $80-90M with mid-40s gross margin

## Summary
- Preliminary 2024 revenue $56.0M (in-line with $56-60M guidance); expects audited results mid-March.
- 2025 revenue guidance $80-90M (~50% growth at midpoint); expects gross margin to mid-40s%, positive adj. EBITDA and operating cash flow in H2 2025.
- Balance sheet: retired Series B Preferred, reduced Note to $4M, increased equity by >$50M without dilution.
- Plans to terminate RYVYL EU asset sale by paying $16.5M; exploring fundraising up to $24M via S-1 and other options.
- Total 2024 processing volume $4.49B; international mix rising, revenue as % of processing trending down to 1.2%.

## SEC filing metadata
- accession: 0001185185-25-000162
- form_type: 8-K
- ticker: RVYL
- cik: 0001419275
- company_name: RYVYL Inc.
- filed_at: 2025-02-28T23:59:59+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/1419275/000118518525000162/0001185185-25-000162-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419275/000118518525000162/rvyl8k022525.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-25-000162
- JSON: https://secwatch.observer/filing/0001185185-25-000162.json
- Plain text: https://secwatch.observer/filing/0001185185-25-000162.txt

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