/
Our Company Ryvyl is a financial technology company that provides global payment acceptance and disbursement solutions. Ryvyl enables merchants to accept credit card payments through arrangements with third-party acquiring banks and payment processors.
The business is unprofitable at the operating level (-118.12% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 38.7% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 209% versus the prior year, cash generation momentum has weakened. ROIC dropped from -66.26% to -85.63%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
$11M
▼ -38.7% YoY
Net Income (TTM)
-$18M
▲ +34.7% YoY
Op. Margin
-108.19%
▲ +31.8pp YoY
ROIC
-348.91%
▼ -19.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$10M
▼ -209.3% YoY
Op. Cash Flow (TTM)
-$10M
▼ -208.7% YoY
Net Debt
-$3M
Net Cash Position
Cash & Equiv.
$6M
5Y CAGR: +5.5%
Continue Research