Reklaim Returns to Q3 Profit as Revenue Climbs 187.1%

Reklaim Ltd. returned to profit in the third quarter as revenue climbed 187.1% year over year, posting C$3.16 million in sales and C$1.27 million in net income for the three months ended Sept. 30. All figures are in Canadian dollars.

Revenue reached C$3,156,313, compared with C$1,099,363 in the same quarter of 2025. Net income was C$1,272,063, reversing a C$514,636 net loss in Q3 2025. Against Q2 2026, revenue rose 19.9% and net income increased 76%.

Gross profit totaled C$2,752,814, up 232.8% from a year earlier and 36.5% from Q2. Gross margin was 87.2%, compared with 75.3% in Q3 2025 and 76.6% in Q2 2026. Operating expenses amounted to C$1,506,070, increasing 12.2% from the year-earlier quarter and 15.7% sequentially.

For the first nine months of 2026, Reklaim recorded C$7,592,647 in revenue and C$2,359,914 in net income. Cash from operating activities totaled C$1,733,522 during that period.

The company repurchased 5,149,000 common shares during Q3 under its Normal Course Issuer Bid and canceled them Oct. 5. Repurchases and cancellations each totaled 11,275,000 shares for the first nine months of the year.

Reklaim describes itself as a consumer data privacy and monetization company. Its U.S. shares trade on OTCQB under MYIDF, following an upgrade from OTC Pink, and on the TSX Venture Exchange under MYID. The company announced its Q3 results Nov. 3.