Q1 2025 Riskified Ltd Earnings Call Transcript
Key Points
- Riskified Ltd (RSKD) reported an 8% year-over-year revenue growth in the first quarter of 2025, driven by successful execution of their global go-to-market strategy.
- The company achieved a 100% renewal rate across its top 20 contracts, with nearly half extending into multiyear agreements.
- New product revenue grew approximately 190% year over year, indicating strong traction of their expanded product portfolio.
- Riskified Ltd (RSKD) maintained a strong balance sheet with approximately $357 million in cash, deposits, and investments, and zero debt.
- The company achieved positive adjusted EBITDA of $1.3 million, marking the sixth consecutive quarter of positive adjusted EBITDA.
- The gross profit margin declined year over year, primarily due to the impact of ramping significant new merchants in new categories and geographies.
- There was a 74% year-over-year decline in the home category, contributing to a 5% decline in the United States market.
- The company anticipates a slight moderation in year-over-year growth for its largest categories, travel and fashion, due to ongoing same-store sales pressure.
- Riskified Ltd (RSKD) faces uncertainty around potential impacts of tariffs on margins and overall funding activity, which could affect future performance.
- The company expects slightly higher operating expenses in the second quarter compared to the first quarter, which could impact profitability.
Good day and thank you for standing by and welcome to Riskified first quarter 2025 earnings call.
(Operator Instructions)
Please be advised today's call is being recorded. I would now like to hand the conference over to your speaker today, Chett Mandel, Head of Investor Relations. Please go ahead.
Good morning and thank you for joining us today. My name is Chett Mandel and Riskified Head of Investor Relations. We're hosting today's call to discuss risk appetite, financial results for the first quarter of 2025, participating on today's call, Eido Gal, Riskified Co-Founder and Chief Executive Officer; and Aglika Dotcheva, Riskified Chief Financial Officer.
We released our results for the first quarter of 2025 earlier today. Our earnings materials, including a replay of today's webcast will be available on our Investor Relations website at ir.riskified.com.
Certain statements made on the call today will be forward-looking statements related to our operating performance,
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
