Ryvyl (NASDAQ:RVYL) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$11.9m (down 20% from 2Q 2023).

• Net loss: US$12.1m (flat on 2Q 2023).

• US$1.88 loss per share.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Ryvyl Earnings Insights

Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Diversified Financial industry in the US.

Performance of the American Diversified Financial industry.

The company's shares are down 35% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 4 warning signs for Ryvyl (3 are potentially serious!) that you need to be mindful of.

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