Riskified Ltd. (RSKD) Q4 2024 Earnings Conference Call
On March 5, 2025, at 8:30 AM ET, Riskified Ltd. (RSKD) held a conference call to discuss their Q4 2024 financial results. The following are the key points from the call, featuring the participation of Chett Mandel, Head of Investor Relations, Eido Gal, Co-Founder & Chief Executive Officer, and Aglika Dotcheva, Chief Financial Officer. The call was moderated by an operator, and the following analysts participated:
Company Participants:
- Chett Mandel – Head of Investor Relations
- Eido Gal – Co-Founder & Chief Executive Officer
- Aglika Dotcheva – Chief Financial Officer
Conference Call Participants:
- Terry Tillman – Truist Securities
- Ryan Tomasello – KBW
- Cris Kennedy – William Blair
- Will Nance – Goldman Sachs
- Clarke Jeffries – Piper Sandler
- Reggie Smith – JPMorgan
- Timothy Chiodo – UBS
Financial Highlights:
Q4 2024 Revenue: Riskified reported a 35% year-over-year increase in revenue, reaching $125 million. The growth was driven by a 25% increase in transaction volume and a 12% increase in the average revenue per transaction.
Operational Highlights:
Fraud Prevention: Riskified’s fraud prevention solutions protected merchants from $1.2 billion in attempted fraud during the quarter, representing a 20% increase from the previous year. The company’s fraud detection models continue to evolve, with a focus on machine learning and artificial intelligence to improve accuracy and reduce false positives.
Expansion:
New Markets: Riskified announced the expansion into two new markets: Brazil and India. These markets represent significant opportunities for growth, with large e-commerce sectors and increasing digital transactions. The company plans to invest in local teams and infrastructure to support these expansions.
Regulatory Environment:
Compliance: Riskified continues to navigate the regulatory environment, particularly in Europe, where new data privacy regulations have increased compliance costs. The company has invested in building out its legal and compliance teams to ensure continued adherence to regulatory requirements.
Impact on Individuals:
Online Shopping: The strong financial results and expansion plans of Riskified suggest continued growth in the e-commerce sector. This could result in more online shopping options and greater convenience for individuals. Additionally, improved fraud prevention solutions may increase consumer confidence in online transactions, leading to increased spending.
Impact on the World:
Digital Transformation: The success of Riskified and the e-commerce sector as a whole highlights the ongoing digital transformation of the retail industry. This trend is expected to continue, with more brick-and-mortar stores moving online and consumers increasingly relying on e-commerce for their shopping needs.
Conclusion:
Riskified’s strong Q4 2024 financial results and expansion plans are a positive sign for the e-commerce sector and the digital transformation of the retail industry. The company’s continued focus on fraud prevention and regulatory compliance will help ensure a secure and reliable online shopping experience for consumers. As individuals increasingly turn to e-commerce for convenience and accessibility, the impact of Riskified’s success will be felt around the world.
Overall, the future looks bright for Riskified and the e-commerce sector. With a commitment to innovation, growth, and security, Riskified is well-positioned to lead the way in the digital retail landscape.
For more information, please visit Riskified’s investor relations website at investor.riskified.com.
