RDVT (RDVT) financial statements
RDVT reported revenue of $90M in fiscal 2025, up 34.2% a year over 8 years.
Net income was $13M and the operating margin 14.6%, against -250.6% in 2017.
Free cash flow was $18M, and the company returned $915,000 in net buybacks.
The diluted share count rose 40% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from RDVT's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9M | $16M | $30M | $35M | $44M | $53M | $60M | $75M | $90M |
| Cost of revenue | — | — | — | — | — | — | $13M | $14M | $15M |
| Gross profit | — | — | — | — | — | — | $47M | $61M | $76M |
| Selling, general and admin | $22M | $13M | $26M | $26M | $29M | $34M | $36M | $44M | $52M |
| Operating income | -$22M | -$7M | -$11M | -$7M | -$1M | $361,000 | $3M | $8M | $13M |
| Interest expense | — | — | — | $12,000 | $11,000 | $0 | — | — | — |
| Pre-tax income | -$22M | -$7M | -$11M | -$7M | $853,000 | $712,000 | $4M | $9M | $15M |
| Income tax | — | — | — | $0 | $198,000 | $96,000 | -$10M | $2M | $1M |
| Net income | -$22M | -$7M | -$11M | -$7M | $655,000 | $616,000 | $14M | $7M | $13M |
| EPS (diluted) | -$2.09 | -$0.67 | -$1.03 | -$0.57 | $0.05 | $0.04 | $0.96 | $0.50 | $0.91 |
| Diluted shares | 10M | 10M | 11M | 12M | 13M | 14M | 14M | 14M | 14M |
| Gross margin | — | — | — | — | — | — | 78.3% | 81.4% | 83.7% |
| Operating margin | -250.6% | -46.0% | -37.0% | -19.8% | -3.0% | 0.7% | 4.2% | 10.5% | 14.6% |
| Net margin | -250.6% | -42.1% | -36.6% | -19.7% | 1.5% | 1.2% | 22.5% | 9.3% | 14.6% |
Balance sheet
Fiscal years, from RDVT's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $65,000 | $10M | $12M | $13M | $34M | $32M | $32M | $37M | $44M |
| Receivables | $2M | $2M | $4M | $3M | $4M | $6M | $7M | $8M | $11M |
| Total current assets | $2M | $13M | $16M | $17M | $39M | $38M | $40M | $46M | $57M |
| Property, plant and equipment | $1M | $852,000 | $660,000 | $558,000 | $577,000 | $709,000 | $592,000 | $545,000 | $882,000 |
| Goodwill | $5M | $5M | $5M | $5M | $5M | $5M | $5M | $5M | $5M |
| Total assets | $25M | $40M | $49M | $52M | $74M | $77M | $93M | $99M | $112M |
| Total current liabilities | $7M | $4M | $4M | $5M | $3M | $5M | $5M | $10M | $8M |
| Long-term debt | — | — | — | $2M | — | — | — | — | — |
| Total liabilities | $7M | $4M | $7M | $9M | $5M | $6M | $7M | $12M | $11M |
| Shareholders' equity | $18M | $36M | $42M | $43M | $69M | $71M | $86M | $87M | $101M |
| Net debt | -$65,000 | -$10M | -$12M | -$11M | -$34M | -$32M | -$32M | -$37M | -$44M |
Cash flow
Fiscal years, from RDVT's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$10M | -$8M | $2M | $7M | $9M | $12M | $15M | $24M | $29M |
| Capital spending | $6M | $6M | $6M | $6M | $5M | $9M | $9M | $10M | $11M |
| Free cash flow | -$17M | -$14M | -$4M | $857,000 | $4M | $4M | $6M | $14M | $18M |
| Stock-based compensation | $3M | $709,000 | $10M | $8M | $7M | $6M | $5M | $6M | $6M |
| Share buybacks (net) | — | — | — | — | — | -$878,000 | -$4M | -$6M | -$915,000 |
| Net borrowing | — | — | — | $2M | $0 | — | — | — | — |
| Free cash flow margin | -196.8% | -86.2% | -14.4% | 2.5% | 8.4% | 6.8% | 9.8% | 19.1% | 20.2% |
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Open RDVT in InvestinglyQuestions
What was RDVT's revenue in 2025?
$90M in fiscal 2025, from its 10-K filing.
How much free cash flow does RDVT generate?
$18M in fiscal 2025 (operating cash flow minus capital spending).
From RDVT's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.