Firy vs Red Violet
Firy is the larger business, with $104m of revenue in fiscal 2025 against $90.3m for Red Violet (1.2 times as much). Red Violet grew faster (20.0% against 12.5%). Red Violet kept more of each dollar of sales as profit: a net margin of 14.6% against -67.4%.
| Latest fiscal year | FiryFIRY, 2025 | Red VioletRDVT, 2025 |
|---|---|---|
| Revenue | $104m | $90.3m |
| Revenue growth | 12.5% | 20.0% |
| Net income | −$70.4m | $13.2m |
| Operating margin | — | — |
| Net margin | -67.4% | 14.6% |
| Return on equity | -49.4% | 14.0% |
| Free cash flow | −$70.3m | $28.8m |
| Cash | $195m | $43.6m |
| Total debt | $130m | $0 |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | 0.0% |
| Share buybacks | $9.3m | $915,000 |
| Employees | — | 250 |
| Market value | $209m | $1.10bn |
| Price vs our value range | — | Within our value range |
| Moat score | 21 (Weak) | 22 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 1 buys, 36 sales |