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Ipsidy (AUID)
NASDAQ:AUID
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Ipsidy
(NASDAQ:AUID)
Rating:42Neutral
Price Target:
$5.50
▼(-2.83%Downside)
Ipsidy (AUID) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$76.09M
Dividend YieldN/A
Average Volume (3M)111.20K
Price to Earnings (P/E)―
Beta (1Y)1.30
Revenue Growth230.96%
EPS Growth91.63%
CountryUS
Employees46
SectorTechnology
Sector Strength86
IndustrySoftware - Infrastructure
Share Statistics
EPS (TTM)-0.40
Shares Outstanding13,443,740
10 Day Avg. Volume137,111
30 Day Avg. Volume111,196
Financial Highlights & Ratios
PEG Ratio1.53
Price to Book (P/B)19.06
Price to Sales (P/S)0.00
P/FCF Ratio-25.94
Enterprise Value/Market Cap2.10
Enterprise Value/Revenue49.65
Enterprise Value/Gross Profit171.47
Enterprise Value/Ebitda-2.91
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Ipsidy Business Overview & Revenue Model
Company DescriptionIpsidy Inc. (AUID), now operating as authID Inc., is a provider of secure, mobile, biometric identity authentication solutions. The company operates in the identity management and authentication sectors, offering products and services that focus on identity verification, authentication, and credentialing. Its core products include biometric software solutions that enable businesses and governments to verify identities and manage access securely and efficiently.
How the Company Makes MoneyauthID Inc. generates revenue through the sale of its biometric identity verification and authentication solutions. The company offers its products primarily through a Software-as-a-Service (SaaS) model, charging clients subscription fees for the use of its platforms. Key revenue streams include licensing fees for its proprietary software, transaction fees based on the volume of identity verifications conducted, and professional services for custom implementations and support. Partnerships with technology providers and system integrators enhance its market reach, contributing significantly to its earnings.
Ipsidy Earnings Call Summary
Earnings Call Date:May 13, 2025
(Q1-2025)
| % Change Since: 9.69%|
Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment Neutral
AuthID is making significant progress with Fortune 500 contract negotiations and strategic partnerships. Despite increased recognition and capital infusion, revenue growth and bARR have been hindered by delayed deal cycles and high operating expenses. However, the company remains optimistic about hitting its $18 million bookings target for 2025.Q1-2025 Updates
Positive Updates
Contract Negotiations with Fortune 500 Companies
AuthID is in contract negotiations with a large global Fortune 500 company for identity verification and biometric solutions, and has signed a paid live production trial with a Fortune 100 retailer.
Progress in Strategic Partnerships
AuthID is finalizing a joint product development with a Fortune 100 biometric hardware provider and has been selected as a vendor by one of the largest identity fraud platforms.
Recognition and Awards
AuthID received the Best ID Management Platform award in the 2025 FinTech Breakthrough Awards.
Capital Infusion
AuthID completed two capital raises in April and May, securing nearly $9 million to support scaling business and new opportunities.
Increase in RPO and ARR
AuthID's RPO increased to $13.85 million from $4.03 million a year ago, and ARR increased to $1.2 million from $0.6 million a year ago.
Negative Updates
Revenue and Operating Expenses
Total revenue for Q1 2025 was $0.3 million, while operating expenses were $4.7 million, resulting in a net loss of $4.3 million, an increase from the previous year.
Delayed Large Deal Cycles
Delayed timing of large deal cycles impacted Q1 bookings, resulting in lower-than-expected bARR of $0.01 million compared to $0.10 million a year ago.
Company Guidance
During the call, authID provided guidance on their growth prospects and financial performance for 2025. The company is targeting $18 million in bookings for the year, driven by large enterprise and partnership deals. In Q1 2025, authID reported total revenue of $0.3 million, a net loss of $4.3 million, and an adjusted EBITDA loss of $3.9 million. The company's remaining performance obligation (RPO) was $13.85 million, and their annual recurring revenue (ARR) stood at $1.2 million. The gross booked annual recurring revenue (bARR) for the quarter was $0.01 million, reflecting delays in sales processes. Despite these challenges, authID remains optimistic about closing significant deals with Fortune 500 customers and leveraging partnerships to achieve their financial goals.Ipsidy Financial Statement Overview
Summary
Ipsidy faces significant financial challenges with negative profitability and cash flow metrics. Despite some improvement in equity, the company struggles with consistent operational losses, indicating a need for strategic improvements to achieve financial stability and growth.Income Statement
Ipsidy has experienced significant revenue volatility, with a decline from 2020 to 2023, followed by a slight increase in 2024. The EBIT and EBITDA margins are negative, indicating operational inefficiencies. Net profit margins are also negative, reflecting persistent losses.25
Negative
Balance Sheet
The company's debt-to-equity ratio has improved as debt levels decreased over time. However, low equity and consistent losses pose a risk to financial stability. The equity ratio is moderate, but the company still faces challenges in maintaining a solid capital structure.40
Negative
Cash Flow
Cash flow from operations remains negative, indicating challenges in generating cash. Free cash flow growth is inconsistent, and the free cash flow to net income ratio is unfavorable, showing inefficiencies in converting sales into cash.30
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.03M | 886.49K | 190.29K | 527.41K | 2.29M | 2.14M |
| Gross Profit | 933.49K | 707.41K | 190.29K | 527.41K | 1.63M | 1.48M |
| EBITDA | -15.35M | -14.05M | -18.25M | -21.56M | -14.96M | -9.04M |
| Net Income | -15.56M | -14.28M | -19.40M | -24.23M | -17.67M | -11.30M |
Balance Sheet | ||||||
| Total Assets | 9.97M | 14.47M | 15.41M | 9.37M | 13.83M | 13.87M |
| Cash, Cash Equivalents and Short-Term Investments | 2.87M | 8.47M | 10.18M | 3.24M | 6.04M | 3.84M |
| Total Debt | 0.00 | 240.88K | 224.42K | 7.84M | 743.95K | 6.46M |
| Total Liabilities | 2.34M | 2.96M | 2.21M | 9.09M | 2.93M | 9.29M |
| Stockholders Equity | 7.63M | 11.52M | 13.20M | 283.54K | 10.90M | 4.58M |
Cash Flow | ||||||
| Free Cash Flow | -14.08M | -11.69M | -8.39M | -12.81M | -8.88M | -4.97M |
| Operating Cash Flow | -14.03M | -11.62M | -8.37M | -12.79M | -8.76M | -4.67M |
| Investing Cash Flow | -67.49K | -65.79K | 75.15K | -182.27K | -116.74K | -299.44K |
| Financing Cash Flow | 9.74M | 9.99M | 15.38M | 10.23M | 11.09M | 8.18M |
Ipsidy Technical Analysis
Positive
5.66
Price Trends
5.87
Negative
5.83
Negative
6.24
Negative
Market Momentum
-0.10
Negative
56.10
Neutral
66.01
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AUID, the sentiment is Positive. The current price of 5.66 is above the 20-day moving average (MA) of 5.05, below the 50-day MA of 5.87, and below the 200-day MA of 6.24, indicating a neutral trend. The MACD of -0.10 indicates Negative momentum. The RSI at 56.10 is Neutral, neither overbought nor oversold. The STOCH value of 66.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AUID.
Ipsidy Risk Analysis
Ipsidy disclosed 31 risk factors in its most recent earnings report. Ipsidy reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Ipsidy Peers Comparison
Overall Rating
UnderperformOutperform
Sector (49)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | $384.95M | 64.72 | 18.82% | ― | 26.77% | -13.24% | |
55 Neutral | $134.61M | ― | -121.54% | ― | 17.97% | 21.12% | |
50 Neutral | $180.79M | ― | -60.94% | ― | 128.83% | 73.67% | |
49 Neutral | C$2.90B | 2.14 | -80.91% | 2.95% | 6.62% | -18.96% | |
48 Neutral | $187.19M | ― | -101.60% | ― | -46.41% | 6.05% | |
42 Neutral | $76.09M | ― | -168.24% | ― | 230.96% | 91.63% | |
42 Neutral | $66.41M | ― | -600.12% | ― | -24.08% | -51.13% |
* Technology Sector Average
Performance Comparison
AUID
Ipsidy
5.66
-4.34
-43.40%
VERI
Veritone
1.42
-0.85
-37.44%
PAYS
PaySign
7.10
3.15
79.75%
REKR
Rekor Systems
1.14
-0.45
-28.30%
ARBE
Arbe Robotics
1.78
-0.20
-10.10%
BKKT
Bakkt Holdings, Inc. Class A
12.78
-6.09
-32.27%
Ipsidy Corporate Events
Executive/Board ChangesShareholder Meetings
Ipsidy Holds Annual Meeting, Elects New Directors
Neutral
Jun 26, 2025
authID Inc. held its Annual Meeting on June 26, 2025, where shareholders voted on several key proposals. Ten directors were elected to the board, Cherry Bekaert LLP was ratified as the independent auditor for 2025, and an additional 295,000 shares were authorized for issuance under the 2024 Equity Incentive Plan.
Private Placements and Financing
Ipsidy Completes Securities Purchase Agreement with Investors
Positive
May 7, 2025
On May 6, 2025, authID Inc. entered into a securities purchase agreement with accredited investors to issue and sell 373,060 shares of common stock at $5.60 per share, closing the offering on May 7, 2025. The company engaged Dominari Securities LLC and Madison Global Partners, LLC as co-placement agents, compensating them with fees and warrants, and reimbursing their legal expenses, which signifies a strategic financial maneuver to bolster its capital.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.