Feb. 3 at 4:59 PM
$RCT
Key Recent Developments and Company Guidance
• FY 2025 results (preliminary, announced mid-Jan 2026): Record revenue of
$53.7 million (+15% YoY), beating prior guidance of
$51–53M. Total transaction value (TTV) up 31% to ~
$3.2 billion; cumulative platform trades ~
$6.9 billion.
• 2026 revenue guidance raised: Increased 20% to
$120 million (from previous
$100M target), driven by:
• Scaling joint ventures (e.g., Türkiye
$50M+ licensing/revenue-share deal, Saudi Arabia JV).
• Expansion in markets like Türkiye, Saudi Arabia, Nigeria, Brazil.
• Upcoming RedAI commercial launch (February 2026) for agentic trading, forecasting, pricing, and inventory optimization.
• Serving ~67,000 businesses across six countries via six hubs; NVIDIA Connect membership accelerating AI capabilities.