m_and_a
confidence high
sentiment negative
materiality 0.85
RYVYL completes sale of Ryvyl EU for $16.1M; records estimated $6.7M loss
RYVYL Inc.
- Sale of Ryvyl EU completed; total consideration $16.1M ($15M note payable plus $1.1M accrued interest).
- Estimated pre-tax loss on sale of $6.7M (net assets sold of $22.8M vs. consideration $16.1M).
- Ryvyl EU classified as discontinued ops; pro forma Q1 2025 revenue drops from $15.1M to $2.8M.
- Pro forma net loss for Q1 2025 increases to $5.9M (from $2.8M reported).
- For FY2024, pro forma net loss rises to $35.1M from $26.8M reported.
item 2.01item 9.01