RIWI Corp Reports Revenue Growth and CoolTool Acquisition

RIWI Corp (TSE:RIWI) has released an update.

RIWI Corp, a global trend-tracking firm, reported a 50.1% revenue increase in 2023, earning $4.18 million, and saw improved financial performance with a significant reduction in operating and net losses. The company also announced the strategic acquisition of a majority of CoolTool Inc.’s assets, which will enhance RIWI’s survey and data collection capabilities with advanced biometric and AI-based analysis tools. RIWI continues to expand its customer base and platform capabilities, including a daily survey response increase and the addition of new, high-profile board members.

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