What is the ROE (Return on Equity) of Red Violet this year?
The ROE of Red Violet this year is 0.16 undefined.
Red Violet ROE 2024
Red Violet ROE
0.16
Ticker
RDVT
ISIN
US75704L1044
WKN
A2JGBV
In 2024, Red Violet's return on equity (ROE) was 0.16, a 1,701.44% increase from the 0.01 ROE in the previous year.
Red Violet Aktienanalyse
What does Red Violet do?
Red Violet Inc is a US-based company specializing in data-driven analytics and information solutions. It was founded in 2017 and is headquartered in Boca Raton, Florida. The company offers a wide range of services that enable businesses and industries to obtain consistent intelligence and monitoring solutions based on their specific requirements. History Red Violet emerged from a merger in 2017 between IDI Inc and Blue and White Key Software Solutions. The original company, IDI, was established in 1996 to provide data and information solutions for various sectors. Initially, the company focused primarily on providing data that would enhance car sales. After a few years in the market, the company began expanding its services to other industries, including insurance, record checks, credit lending, and law enforcement agencies. IDI provided various services ranging from data querying, monitoring services, data analysis, to identity services. With its advanced analytics technologies, the company was able to deliver solid information while ensuring customer satisfaction. In 2017, the company decided to merge with Blue and White Key Software Solutions and became Red Violet. The company went public in December 2017. Since then, it has steadily grown and gained a variety of customers and partners. Business Model Red Violet's business model is based on providing high-quality data and analytics tools to customers in various industries. The company maintains an extensive database and delivers customized queries and reports. It utilizes cutting-edge technology to offer a wide range of data-driven services tailored to the specific requirements of customers. Red Violet specializes in three core areas: forensic analysis, security monitoring, and identity verification. Forensic Analysis The forensic analysis field involves data collection, analysis, and reporting in various industries. Red Violet is capable of capturing and analyzing a variety of data sources and formats, including medical records, criminal records, financial transactions, and social media profiles. These data sources are utilized to provide companies and authorities in different areas with information for crime investigation, fraud prevention, and threat detection. Security Monitoring Red Violet also offers various monitoring services, including monitoring financial transactions, network connections, and communication. The company utilizes state-of-the-art technology to detect threats, fraud, and corruption and reduce potential risks. Identity Verification In the field of identity verification, Red Violet provides various solutions that confirm the authenticity of identities and prevent counterfeiting. The company utilizes its extensive database to help customers verify the identity of individuals who are applying for loans, hiring employees, or undergoing a security clearance process. Products & Services Red Violet offers a wide range of products and services, ranging from providing analytics and data queries to identity verification. Some of Red Violet's key products and services include: - CORE ID: An identity verification solution that checks social security numbers, driver's license numbers, and identification numbers against data in a public database. - Accurint: A search engine that accesses open source information to find insights about individuals, companies, and other entities. - CrimeLink: An analysis platform that assists law enforcement agencies in tracking crime by integrating various data sources and formats. - Digital Identity Verification: An online solution for verifying identities that helps companies quickly and reliably verify customer identities. - Omni: A comprehensive platform that offers a variety of data-driven services. Omni combines digital identity verification, monitoring services, and forensic analysis tools into a single platform. Conclusion Red Violet Inc is a reputable company offering data-driven analytics and information solutions for various industries. The company specializes in three core areas: forensic analysis, security monitoring, and identity verification. Red Violet utilizes cutting-edge technology to meet the needs of its customers and offers a wide range of products and services, including CORE ID, Accurint, CrimeLink, Digital Identity Verification, and Omni. With its expertise and comprehensive product portfolio, Red Violet is a leading company in this field. Red Violet ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROE Details
Decoding Red Violet's Return on Equity (ROE)
Red Violet's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.
Year-to-Year Comparison
Analyzing Red Violet's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.
Impact on Investments
Red Violet's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.
Interpreting ROE Fluctuations
Changes in Red Violet’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.
Frequently Asked Questions about Red Violet stock
How has the Return on Equity (ROE) of Red Violet developed compared to the previous year?
The ROE of Red Violet has increased by 1,701.44% increased compared to the previous year.
What impact does a high ROE (Return on Equity) have on investors of Red Violet?
A high ROE indicates that Red Violet generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.
What impact does a low ROE (Return on Equity) have on investors of Red Violet?
A low ROE can indicate that Red Violet is having difficulties monetizing its investments successfully and can be a negative signal for investors.
How does a change in the ROE (Return on Equity) of Red Violet affect the company?
A change in ROE (Return on Equity) of Red Violet can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.
How to calculate the ROE (Return on Equity) of Red Violet?
The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.
Which factors influence the ROE (Return on Equity) of Red Violet?
Some factors that can influence Red Violet's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.
What strategic measures can take to improve the ROE (Return on Equity)?
To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.
How much dividend does Red Violet pay?
Over the past 12 months, Red Violet paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Red Violet is expected to pay a dividend of 0 USD.
What is the dividend yield of Red Violet?
The current dividend yield of Red Violet is .
When does Red Violet pay dividends?
Red Violet pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Red Violet?
Red Violet paid dividends every year for the past 0 years.
What is the dividend of Red Violet?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Red Violet located?
Red Violet is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Red Violet kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Red Violet from 7/25/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/25/2024.
When did Red Violet pay the last dividend?
The last dividend was paid out on 7/25/2024.
What was the dividend of Red Violet in the year 2023?
In the year 2023, Red Violet distributed 0 USD as dividends.
In which currency does Red Violet pay out the dividend?
The dividends of Red Violet are distributed in USD.
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Andere Kennzahlen von Red Violet
Our stock analysis for Red Violet Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Red Violet Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
