Identitii Ltd. (ID8) AI Stock Analysis

• Market Cap: AU$4.67M
• Dividend Yield: N/A
• Average Volume (3M): 595.44K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.89
• Revenue Growth: -19.29%
• EPS Growth: 41.67%
• Country: AU
• Employees: N/A
• Sector: Technology
• Sector Strength: 98
• Industry: Software - Application
• EPS (TTM): >-0.01
• Shares Outstanding: 778,013,550
• 10 Day Avg. Volume: 477,216
• 30 Day Avg. Volume: 595,440
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 38 Underperform
• Price Target: ―

Identitii Ltd.'s overall score reflects its significant financial challenges, particularly in profitability and cash flow management. The lack of technical analysis data and negative valuation metrics further contribute to a low score. The company must focus on improving operational efficiency and revenue generation to enhance its financial health and market perception.

Identitii Ltd. Business Overview & Revenue Model

Company Description

Identitii Ltd. (ID8) is a technology company that operates in the financial services sector. The company specializes in providing innovative software solutions that enhance financial transaction reporting and compliance. Identitii's core product, Overlay+, is designed to help financial institutions improve the transparency, security, and efficiency of their data sharing processes, particularly in relation to regulatory reporting requirements.

How the Company Makes Money

Identitii Ltd. generates revenue primarily through the sale of its software solutions to financial institutions. The company's revenue model includes licensing fees for its Overlay+ platform, which financial institutions use to streamline and improve their compliance reporting processes. Identitii may also earn money through service fees for implementing and customizing their solutions to meet specific client needs. Additionally, partnerships with other technology firms and financial institutions can contribute to its revenue by expanding its market reach and integrating its solutions with other platforms.

Identitii Ltd. Financial Statement Overview

Summary

Identitii Ltd. is experiencing significant challenges in profitability and cash flow management. Declining revenue and persistent losses underscore operational inefficiencies. The balance sheet shows moderate leverage, but declining equity and negative cash flows raise financial stability concerns.

Income Statement

Identitii Ltd. has faced declining revenue over the past year, with a drop from $1,363,063 to $748,292. The company is operating at a loss, indicated by negative net income and negative EBIT margins, suggesting challenges in managing operational costs relative to revenue. The gross profit margin is positive but does not translate into net profitability.

Balance Sheet

The company's financial leverage is moderate with a debt-to-equity ratio of 0.75. Stockholders' equity has decreased, pointing to potential concerns in financial stability. Identitii Ltd.'s equity ratio is approximately 38.3%, indicating a reasonable proportion of assets financed by equity, though overall financial strength appears to be weakening.

Cash Flow

The cash flow situation is concerning with negative operating and free cash flows, indicating that the company is not generating sufficient cash from its operations. The free cash flow to net income ratio is negative, suggesting cash flow challenges. However, there has been a significant inflow from financing activities, likely supporting the company’s liquidity in the short term.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	748.29K	1.36M	1.46M	1.36M	941.59K
Gross Profit	748.29K	-816.57K	-1.65M	-1.33M	-1.97M
EBITDA	-4.33M	-5.52M	-5.80M	-5.81M	-7.01M
Net Income	-3.54M	-6.00M	-4.83M	-5.83M	-7.07M
Balance Sheet
Total Assets	3.08M	4.46M	8.82M	5.96M	3.36M
Cash, Cash Equivalents and Short-Term Investments	643.76K	1.29M	5.07M	4.49M	1.41M
Total Debt	888.82K	980.00K	33.04K	33.04K	1.32M
Total Liabilities	1.90M	2.13M	1.39M	958.70K	2.30M
Stockholders Equity	1.18M	2.32M	7.43M	4.64M	1.06M
Cash Flow
Free Cash Flow	-3.73M	-5.27M	-6.08M	-4.80M	-4.77M
Operating Cash Flow	-3.73M	-5.20M	-6.01M	-4.76M	-4.69M
Investing Cash Flow	999.98K	12.39K	-567.45K	-45.14K	-66.05K
Financing Cash Flow	2.00M	1.36M	7.06M	7.89M	2.05M

Identitii Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	57 Neutral	HK$14.16B	10.67	-2.83%	4.83%	9.36%	-49.67%
AR9	48 Neutral	AU$64.46M	―	-45.31%	―	-28.80%	32.87%
CF1	44 Neutral	AU$12.57M	―	-37.21%	―	-23.80%	-33.62%
AER	40 Underperform	AU$5.67M	―	-21.13%	―	22.88%	24.59%
SIS	39 Underperform	AU$6.43M	―		―	-8.86%	38.46%
ID8	38 Underperform	AU$4.67M	―	-126.89%	―	-19.29%	41.67%
1TT	31 Underperform	AU$711.11K	―		―	―	―

Identitii Ltd. Corporate Events

Identitii Limited Completes Repayment to Mitchell Asset Management

Identitii Limited has announced the full repayment of its outstanding amount to Mitchell Asset Management Pty Ltd under a facility agreement dated June 2024. This repayment could positively impact Identitii’s financial standing and stakeholder confidence, potentially enhancing its position in the financial technology sector.

Identitii Announces Director Resignation and Recruitment Plans

Identitii Limited announced the resignation of Simon Griffin from his role as Non-Executive Director. Griffin, who joined the board in June 2022, contributed significantly to the company’s governance in finance, risk, and strategy. His departure is to focus on a new business endeavor, and the company is in the process of recruiting a new Non-Executive Director.

Identitii Limited Announces Director Departure and Shareholding Details

Identitii Limited announced the cessation of Reece O’Connell as a director effective 29 July 2025. The final director’s interest notice reveals that O’Connell holds 500,000 shares through Rocelle Pty Ltd, where he is both a director and beneficiary. This change in directorship may impact the company’s governance structure and could have implications for its strategic direction, potentially affecting stakeholders’ interests.

Identitii Advances BNDRY Platform and Expands Market Focus

Identitii Ltd. announced significant progress in the development of its BNDRY platform, which is tailored for clubs and pubs in collaboration with Cherry Hub. The company has signed data-sharing agreements with three major clubs in NSW and plans to showcase its platform at the Australasian Gaming Expo. The BNDRY platform integrates services from RapidID, Simple KYC, and Hawk to enhance its value proposition. Identitii is also expanding its focus to the Tranche 2 sector, targeting real estate, law, and accounting firms for compliance with upcoming anti-money laundering laws. The company received a $0.8M interest-free loan from Beauvais Capital to repay an R&D loan facility, indicating financial support for its ongoing initiatives.

Identitii Receives Default Notice, Secures Funds for Payment

Identitii Limited has received a default notice from Mitchell Asset Management concerning a non-payment of $812,151.78 under a Facility Agreement. However, Identitii has secured the necessary funds to address this issue following a recent loan. The company has engaged legal counsel to manage the situation and will keep the market informed of any developments.

Identitii Secures Interest-Free Loan to Optimize Financial Position

Identitii Ltd. has entered into an interest-free and unsecured loan agreement with Beauvais Capital for $0.8 million to repay a previous loan with Mitchell Asset Management. This move is aimed at saving the company $0.1 million in interest and ensuring full entitlement to its FY25 R&D Tax Incentive from the ATO, expected in Q2 FY26. Beauvais Capital, Identitii’s largest shareholder, will not see any change in its shareholding due to this transaction.