OverviewSuggest Edit

Debt Resolve, Inc. provides an Internet-based bidding system for the collection of past due consumer debt to banks, lenders, credit card issuers, third party collection agencies and collection law firms, and purchasers of charged-off debt primarily in the United States. The Company offers DebtResolve system, which enables its creditor clients to settle and collect defaulted consumer debts via the Internet, as an application service provider. Its DebtResolve system consists of a suite of modules that include DR Settle, which allows debtors to make offers or bids, what they can pay against their total overdue balances; DR Pay for online payments; DR Control for system administration; DR Mail, an email methodology; and DR Prevent for the settlement of consumer debt at earlier stages. The Company also provides its services to auto loan grantors, telecoms, utilities, as well as to hospitals and large provider groups. 
TypePublic
Founded2003
HQWhite Plains, US
Websitedebtresolve.com

Locations

Debt Resolve is headquartered in
White Plains, United States

Location Map

Latest Updates

Employees (est.) (Sept 2017)4
Revenue (FY, 2016)$4.4 M(-22%)
Share Price (Nov 2020)$0 (+151%)
Cybersecurity ratingAMore

Debt Resolve Office Locations

Debt Resolve has offices in White Plains and Hawthorne
White Plains, US (HQ)
1133 Westchester Ave W S-223
Hawthorne, US
22 Saw Mill River Rd 2nd Fl
Show all (2)

Debt Resolve Financials and Metrics

Debt Resolve Revenue

Debt Resolve's revenue was reported to be $4.43 m in FY, 2016
USD

Revenue (Q3, 2017)

955.8k

Net income (Q3, 2017)

(454.2k)

EBIT (Q3, 2017)

(189.8k)

Market capitalization (5-Nov-2020)

305.7k

Closing stock price (5-Nov-2020)

0.0

Cash (30-Sept-2017)

15.4k

EV

936.2k
Debt Resolve's current market capitalization is $305.7 k.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

138.9k176.2k144.3k156.0k5.7m4.4m

Sales and marketing expense

2.0m640.4k

General and administrative expense

687.9k478.2k347.7k721.7k2.0m2.5m

Operating expense total

687.9k478.2k347.7k721.7k4.1m3.1m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

33.0k33.3k48.6k37.3k33.4k35.6k42.3k32.8k42.3k42.8k24.7k470.1k1.4m2.2m657.6k347.8k1.3m2.2m2.0m955.8k

Sales and marketing expense

124.5k262.6k386.7k407.1k227.4k

General and administrative expense

177.2k141.3k146.4k165.1k125.6k159.3k59.6k48.1k150.0k172.5k98.1k748.6k677.8k1.1m741.5k458.6k483.8k776.0k855.1k430.6k

Operating expense total

177.2k141.3k146.4k165.1k125.6k159.3k59.6k48.1k150.0k172.5k98.1k748.6k677.8k1.1m866.0k458.6k746.3k1.2m1.3m657.9k
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

26.8k30.9k7.2k55.6k30.5k593.1k

Accounts Receivable

26.8k62.9k28.6k28.7k3.5m3.9m

Prepaid Expenses

30.0k48.4k32.7k36.9k

Current Assets

131.3k123.8k84.2k117.1k3.5m4.5m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(2.1m)(1.6m)(474.9k)(851.5k)(1.1m)(1.9m)

Depreciation and Amortization

11.6k1.8k908.0

Accounts Payable

796.7k605.8k345.8k228.8k530.0k855.8k

Cash From Operating Activities

(632.3k)(447.0k)(471.9k)(941.6k)(1.1m)(3.8m)
Show all financial metrics

Debt Resolve Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

Debt Resolve Online and Social Media Presence

Embed Graph

Debt Resolve Frequently Asked Questions

  • When was Debt Resolve founded?

    Debt Resolve was founded in 2003.

  • How many employees does Debt Resolve have?

    Debt Resolve has 4 employees.

  • What is Debt Resolve revenue?

    Latest Debt Resolve annual revenue is $4.4 m.

  • What is Debt Resolve revenue per employee?

    Latest Debt Resolve revenue per employee is $1.1 m.

  • Who are Debt Resolve competitors?

    Competitors of Debt Resolve include Novatti, Paystack and PayStand.

  • Where is Debt Resolve headquarters?

    Debt Resolve headquarters is located at 1133 Westchester Ave W S-223, White Plains.

  • Where are Debt Resolve offices?

    Debt Resolve has offices in White Plains and Hawthorne.

  • How many offices does Debt Resolve have?

    Debt Resolve has 2 offices.