Ryvyl Inc (NAS:RVYL)

$ 1.34 -0.08 (-5.63%) Market Cap: 9.91 Mil Enterprise Value: 27.32 Mil PE Ratio: 0 PB Ratio: 1.47 GF Score: 53/100

Q3 2024 Ryvyl Inc Earnings Call Transcript

Nov 14, 2024 / 09:30 PM GMT

Release Date Price: $1.7 (-3.13%)

Transcript 10-Q

Key Points

Positve

Ryvyl Inc (RVYL) reported a significant 96% growth in international revenue for Q3 2024, indicating strong global demand for their services.
The company successfully expanded its Visa Direct integration to 13 countries, enhancing its global footprint and revenue potential.
Ryvyl Inc (RVYL) launched the NANO card, offering a seamless alternative to traditional payments, which is expected to capture high-margin processing opportunities.
The company has entered into strategic partnerships to onboard new verticals in North America, starting with an initial rollout for 1,000 merchants.
Ryvyl Inc (RVYL) reported a 31% increase in processing volumes compared to Q3 2023, demonstrating robust growth in transaction handling.

Negative

Ryvyl Inc (RVYL) experienced a decrease in total revenue from $17.5 million in Q3 2023 to $12.6 million in Q3 2024, indicating a decline in financial performance.
The company faced delays in European software integrations, impacting growth expectations in the region.
Adjusted EBITDA for Q3 2024 was a negative $1.7 million, compared to a positive $50,000 in Q3 2023, reflecting deteriorating profitability.
Ryvyl Inc (RVYL) had to repatriate $3.8 million from Europe to support U.S. capital resources, indicating potential liquidity challenges.
The company adjusted its 2024 revenue guidance downward to $56-$60 million, citing several factors impacting revenue in Q3 and early Q4.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

RVYL.OQ - Ryvyl Inc
Q3 2024 Ryvyl Inc Earnings Call
Nov 14, 2024 / 09:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good afternoon, everyone and welcome to Rival Inc's third quarter, 2024 conference call at this time, all participants are in a listen-only mode, a question and answer session will follow management's remarks. The second quarter, end results press release accompanying this conference call was issued at the close of the market today. Our quarterly report on form 10-Q which includes the company's results of operations ended. September 30th 2024 was filed with the SEC today. A replay of this call is available at the investor relations section of the rival website in the events, quarterly results session as a reminder, this call is being recorded before we begin. I would like to remind you that today's call contains certain forward-looking statements from our

Already have an account? Log in

Get the full story

Start 7-Day Free Trial

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

You are not charged until the trial ends. Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.