Red Violet, Inc.

We believe FCF is an important liquidity measure of the cash that is available, after capital expenditures, for operational expenses and investment in our business.

SEC original ↗Red Violet, Inc. — Earnings release (8-K exhibit)EX-99Aug 8, 2025

We did not repurchase any shares of Company stock under our stock repurchase program during the second quarter.

SEC original ↗Red Violet, Inc. — Earnings release (8-K exhibit)EX-99Aug 8, 2025

Do we get maybe more aggressive on the share repurchase program, M&A?

SEC original ↗Red Violet, Inc. — Earnings release (8-K exhibit)EX-99Aug 8, 2025

And just February 14th of this past year, we paid a $0.30 one-time dividend.

SEC original ↗Red Violet, Inc. — Earnings release (8-K exhibit)EX-99Aug 8, 2025

The buyback really wasn’t an exercise we were involved with the last quarter, but we still value the buyback and may go there from time to time.

SEC original ↗Red Violet, Inc. — Earnings release (8-K exhibit)EX-99Aug 8, 2025

Among other amendments, the ASU clarifies that, upon the formal or constructive retirement of treasury stock, the excess of the repurchase price over par value may be recognized entirely as a deduction from additional paid-in capital, provided that additional paid-in capital does not become negative.

SEC original ↗Red Violet, Inc. — 10-Q Quarterly report10-QAug 10, 2026

We delivered another quarter of strong customer onboarding and broad-based demand as evidenced by volume expansion across the existing customer base.

SEC original ↗Red Violet, Inc. — Earnings release (8-K exhibit)EX-99Aug 8, 2025

(4) Gross revenue retention is defined as the revenue retained from existing customers, net of reinstated revenue, and excluding expansion revenue.

SEC original ↗Red Violet, Inc. — Earnings release (8-K exhibit)EX-99Aug 8, 2025

This quarter reflects continued execution across our strategic roadmap, supported by sustained customer utilization and revenue expansion.

SEC original ↗Red Violet, Inc. — Earnings release (8-K exhibit)EX-99Aug 8, 2025

Importantly, revenue growth continues to be fueled not only by solid new customer onboarding, but also by notable expansion within our existing customer base.

SEC original ↗Red Violet, Inc. — Earnings release (8-K exhibit)EX-99Aug 8, 2025

This expansion is a key indicator of the embedded value of our platform.

SEC original ↗Red Violet, Inc. — Earnings release (8-K exhibit)EX-99Aug 8, 2025

Adjusted EBITDA is a non-GAAP financial measure equal to net income, the most directly comparable financial measure based on US GAAP, excluding interest income, income tax expense, depreciation and amortization, share-based compensation expense, litigation costs, acquisition-related costs, and write-off of long-lived assets.

SEC original ↗Red Violet, Inc. — Earnings release (8-K exhibit)EX-99Aug 8, 2025

Such forward looking statements are subject to risks and uncertainties that are often difficult to predict, are beyond our control and which may cause results to differ materially from expectations, including whether we will be able to build on our successful first half performance, continue to drive revenue growth and capitalize on the significant opportunities ahead.

SEC original ↗Red Violet, Inc. — Earnings release (8-K exhibit)EX-99Aug 8, 2025

Adjusted EBITDA is a financial measure equal to net income, the most directly comparable financial measure based on GAAP, excluding interest income, income tax expense, depreciation and amortization, share-based compensation expense, litigation costs, acquisition-related costs, and write-off of long-lived assets.

SEC original ↗Red Violet, Inc. — Earnings release (8-K exhibit)EX-99Aug 8, 2025

Actual results could differ materially from those stated or implied by our forward-looking statements due to risks and uncertainties associated with the company’s business.

SEC original ↗Red Violet, Inc. — Earnings release (8-K exhibit)EX-99Aug 8, 2025

For a discussion of risks and uncertainties associated with red violet’s business, I encourage you to review the company’s filings with the 1 Securities and Exchange Commission, including the most recent Annual Report on Form 10-K and the subsequent 10-Qs.

SEC original ↗Red Violet, Inc. — Earnings release (8-K exhibit)EX-99Aug 8, 2025

Legal Proceedings 26 Item 1A.

SEC original ↗Red Violet, Inc. — 10-Q Quarterly report10-QAug 10, 2026