RIWI Releases Q2 2026 Financials

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RIWI Releases Q2 2026 Financials

• RWCRF
• RIWI.V
• 5RW.F

Toronto, Ontario–(Newsfile Corp. – August 20, 2026) – RIWI Corp. (TSXV: RIWI) (OTC: RWCRF) (the “Company” or “RIWI”), a market research platform, global trend-tracking and prediction technology firm, reported its financial results for the three months ended June 30, 2026. All figures are reported in U.S. dollars unless otherwise indicated. RIWI’s financial statements are prepared in accordance with International Financial Reporting Standards (“IFRS”).

RIWI highlights for the three months ended June 30, 2026 – in US Dollars:

1. Revenue of $885,158 for the quarter ending June 30, 2026 compared with $1,495,370 for the quarter ended June 30, 2025, representing a decrease of 40.8%. Revenue increased 7.9% sequentially compared with the first quarter of 2026. The Company’s revenue consisted of $418,937 in transaction revenue, $96,945 in recurring revenue and $369,276 in project-based revenue. RIWI recorded a net loss of $466,545 and an operating loss of $414,129 during the quarter, compared with a net loss of $336,380 and an operating loss of $291,248 for the quarter ending June 30, 2025.

2. Recurring revenue remained significantly below the prior year primarily due to two previously disclosed contract non-renewals representing approximately $319,000 of prior-year quarterly revenue, partially offset by growth in CoolTool subscriptions. RIWI’s transaction revenue also declined on a year-over-year basis, but this is expected to slowly improve over the coming quarters as RIWI onboards new publishers to its network and improves survey conversion rates.

3. RIWI signed 181 customer contracts during the quarter, including 24 new customers, reflecting continued demand across the Company’s solutions. The majority of these customer contracts came from the audience business unit.

4. As discussed in RIWI’s Q1 2026 MD&A, the Company experienced significant growth in demand for its managed services audience business beginning in the first quarter of 2026, which created operational challenges as volumes increased. During the second quarter of 2026, RIWI made significant progress addressing these challenges, including onboarding a new operational leader for the audience business unit, adding project management resources and implementing improvements to the RIWI technology platform. As a result, managed services revenue in June 2026, nearly doubled compared with May 2026. Management expects continued operational and sales improvements throughout 2026 to support improved performance going forward.

5. RIWI released the beta version of its AI-powered anti-fraud solution near the end of the second quarter of 2026, and expects to onboard pilot customers in the third quarter of 2026. The Company has received positive initial feedback as customers increasingly seek improved solutions to identify and combat online research fraud. CoolTool 2.0, RIWI’s AI-powered research platform, was also used in pilot projects during the second quarter of 2026, and is expected to become available to new subscribers during the third quarter of 2026. RIWI believes these new solutions can support growth in platform subscribers while improving the speed and efficiency of research workflows. Features include AI-assisted survey generation from a project brief, AI-powered probing of open-ended responses, and tools designed to reduce the time required to complete certain research projects by up to 80%.