Intellicheck Mobilisia ( (IDN) ) has released its Q1 earnings. Here is a breakdown of the information Intellicheck Mobilisia presented to its investors.
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Intellicheck, Inc. is a leading identity verification company that provides digital and physical identity validation solutions across various sectors, including retail banking, title insurance, and logistics. In its first quarter of 2025, Intellicheck reported a record revenue of $4.894 million, marking a 5% increase from the previous year. The company’s SaaS revenue also saw a 6% rise, reaching $4.868 million. Intellicheck’s strategic initiatives have led to diversification in its client base, with significant growth in sectors such as retail banking and logistics. Gross profit remained robust at 90%, while operating expenses saw a slight decrease. The net loss for the quarter improved to $318,000, down from $442,000 in the previous year, and adjusted EBITDA showed a notable improvement. Looking ahead, Intellicheck’s management remains optimistic about further growth, driven by new partnerships and opportunities in various market verticals.