SmallCap Discoveries

RIWI Corp (TSX.V: RIWI) Update with CEO Greg Wong

RIWI Corp’s CEO Greg Wong presented an investor update on April 21, 2026, highlighting a recent $2.49 million Canadian private placement at $0.30 per share and outlining the company’s strategic realignment. The micro‑cap, trading at C$0.33 with a $9 million market cap, now concentrates on two core customer segments—consumer‑packaged‑goods (CPG) brands and market‑research agencies—after a sharp revenue shift caused by the 2025 U.S. policy changes. The pivot has produced dramatic growth: CPG revenue jumped from $35 k in 2024 to $500 k in 2025 (15‑fold), while agency revenue rose from $2 M to $3.5 M. RIWI’s AI‑driven survey platform, which blends neuromarketing tools such as eye‑tracking and facial‑expression analysis, underpins all three business units—audience access, full‑service research, and platform licensing. The firm is also amassing a proprietary data library to fuel future AI models and create a recurring‑revenue asset. A flagship case study with Bertoi (olive‑oil brand) demonstrated the platform’s value: a costly bottle‑redesign was deemed unnecessary, saving millions and revealing pricing‑margin opportunities. Additionally, the company announced a board refresh, adding James Bowen (capital‑markets analyst), Alion (AI/marketing strategist), and Mark Kazmirki (entrepreneurial lawyer) alongside chair Lenny Murphy, signaling stronger governance and growth expertise. With a $81 billion market‑research industry and a $63 billion research‑software segment, RIWI’s focused go‑to‑market strategy, AI‑centric platform, and reinforced board position aim to capture market share and accelerate profitability, offering investors a potentially high‑upside micro‑cap play.