T Stamp, Inc. Class A (IDAI) AI Stock Analysis

• Market Cap: $21.55M
• Dividend Yield: N/A
• Average Volume (3M): 201.78K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.14
• Revenue Growth: 72.57%
• EPS Growth: -261.66%
• Country: US
• Employees: 72
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -0.69
• Shares Outstanding: 5,243,832
• 10 Day Avg. Volume: 141,308
• 30 Day Avg. Volume: 201,782
• PEG Ratio: 0.05
• Price to Book (P/B): 4.83
• Price to Sales (P/S): 4.75
• P/FCF Ratio: -1.50
• Enterprise Value/Market Cap: 0.35
• Enterprise Value/Revenue: 2.02
• Enterprise Value/Gross Profit: 3.36
• Enterprise Value/Ebitda: -0.72
• 1Y Price Target: $12.00
• Price Target Upside: 272.67% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 44 Neutral
• Price Target: $4.00 ▲(24.22% Upside)

The overall stock score is primarily impacted by significant financial challenges, including poor profitability and cash flow issues. Technical analysis provides some positive signals, but the negative valuation metrics further weigh down the score.

Positive Factors

Revenue Growth

The company's ability to achieve revenue growth suggests a growing demand for its digital identity solutions, indicating potential for market expansion and increased adoption of its products.

Strategic Initiatives

Participation in the Trust Village Incubator allows the company to strengthen partnerships and align with European digital trust frameworks, potentially enhancing its market position and innovation capabilities.

Innovation and Product Development

The development of a quantum-secure wallet with advanced biometric features positions the company as a leader in secure digital asset management, potentially driving future growth and differentiation.

Negative Factors

Profitability Challenges

Persistent profitability issues, as indicated by negative net profit margins, highlight ongoing challenges in cost management and operational efficiency, which could hinder long-term financial stability.

Cash Flow Issues

Deteriorating cash generation capabilities suggest difficulties in sustaining operations and funding growth initiatives, potentially impacting the company's ability to invest in future opportunities.

High Leverage

While leverage management has improved, the negative return on equity indicates inefficiencies in generating returns, which could limit financial flexibility and shareholder value.

T Stamp, Inc. Class A Business Overview & Revenue Model

Company Description

T Stamp, Inc. Class A (IDAI) is a technology company specializing in digital identity solutions and authentication services. The company operates primarily in the cybersecurity and identity verification sectors, providing innovative products aimed at enhancing security and streamlining the process of identity verification across various industries. T Stamp, Inc. focuses on delivering robust solutions that leverage advanced technologies to address the growing need for secure and efficient identity management.

How the Company Makes Money

T Stamp, Inc. generates revenue primarily through the sale of its digital identity solutions and services. The company offers products that include biometric authentication systems, electronic signatures, and identity verification services, which are sold to businesses and organizations looking to enhance their security protocols. Key revenue streams come from subscription services, licensing agreements, and transaction fees associated with the use of its platforms. Additionally, T Stamp may benefit from strategic partnerships with other technology firms and integration with existing security infrastructure, which can lead to increased adoption of its solutions and additional revenue opportunities.

T Stamp, Inc. Class A Financial Statement Overview

Summary

T Stamp, Inc. Class A faces significant financial challenges. Despite some revenue growth, the company struggles with profitability and cash flow generation. The balance sheet shows improvement in leverage, but negative return on equity and cash flow issues highlight ongoing financial pressures.

Income Statement

T Stamp, Inc. Class A shows a mixed performance in its income statement. The company has a positive revenue growth rate of 10.23% in the TTM period, indicating some growth potential. However, the profitability metrics are concerning, with a negative net profit margin of -3.30% and EBIT margin of -3.13%, reflecting ongoing losses. The gross profit margin is relatively healthy at 64.85%, but the overall profitability remains weak due to high operating expenses.

Balance Sheet

The balance sheet of T Stamp, Inc. Class A reveals a moderate financial position. The debt-to-equity ratio has improved to 0.27 in the TTM period, indicating reduced leverage compared to previous years. However, the return on equity is negative at -3.04%, highlighting inefficiencies in generating returns from equity. The equity ratio stands at 43.23%, suggesting a reasonable proportion of equity financing.

Cash Flow

Cash flow analysis for T Stamp, Inc. Class A shows challenges in cash generation. The operating cash flow to net income ratio is negative, indicating that the company is not generating sufficient cash from operations to cover its net losses. Free cash flow growth is also negative at -10.86%, and the free cash flow to net income ratio is slightly above 1, suggesting that free cash flow is just covering net losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.73M	3.08M	4.56M	5.39M	3.68M	2.65M
Gross Profit	2.24M	2.01M	3.65M	3.60M	2.53M	1.13M
EBITDA	-10.49M	-9.36M	-7.63M	-11.03M	-8.45M	-10.09M
Net Income	-11.79M	-10.61M	-7.64M	-12.09M	-9.06M	-10.68M
Balance Sheet
Total Assets	11.19M	8.60M	7.89M	6.41M	8.66M	4.81M
Cash, Cash Equivalents and Short-Term Investments	5.37M	2.78M	3.14M	1.25M	3.48M	1.47M
Total Debt	3.33M	4.13M	1.09M	1.37M	856.26K	344.22K
Total Liabilities	4.97M	5.41M	3.98M	5.79M	3.63M	2.74M
Stockholders Equity	6.06M	3.03M	3.75M	463.70K	4.87M	1.91M
Cash Flow
Free Cash Flow	-8.11M	-9.73M	-8.63M	-7.32M	-7.47M	-4.99M
Operating Cash Flow	-6.85M	-8.92M	-7.85M	-6.34M	-6.70M	-4.48M
Investing Cash Flow	-896.96K	-906.67K	-401.68K	-998.19K	-768.35K	-512.16K
Financing Cash Flow	12.77M	9.49M	10.21M	5.10M	9.34M	6.09M

T Stamp, Inc. Class A Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.22
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IDAI, the sentiment is Positive. The current price of 3.22 is below the 20-day moving average (MA) of 4.15, below the 50-day MA of 3.88, and above the 200-day MA of 2.80, indicating a bullish trend. The MACD of 0.05 indicates Positive momentum. The RSI at 56.78 is Neutral, neither overbought nor oversold. The STOCH value of 75.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IDAI.

T Stamp, Inc. Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
LGCL	53 Neutral	$9.35M	2.34	2.46%	―	―	―
AGMH	46 Neutral	$5.78M	0.07	95.31%	―	-19.32%	―
IDAI	44 Neutral	$21.55M	―	-205.65%	―	72.57%	-261.66%
JTAI	39 Underperform	$7.14M	-0.04	-518.36%	―	-29.57%	97.70%

T Stamp, Inc. Class A Corporate Events

T Stamp Inc. Secures $4.3M Through Warrant Agreement

On October 31, 2025, T Stamp Inc. entered into a warrant exercise and exchange inducement agreement with an institutional investor, resulting in the exercise and exchange of warrants issued in 2024 and 2025. The agreement included reducing the exercise price of existing warrants and issuing new unregistered warrants, generating approximately $4.3 million in gross proceeds. The company plans to use the proceeds for business growth and general corporate purposes, while also agreeing to file a resale registration statement and prohibiting certain stock transactions for 90 days.

The most recent analyst rating on (IDAI) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on T Stamp, Inc. Class A stock, see the IDAI Stock Forecast page.

T Stamp, Inc. Raises $6.196 Million in Stock Offering

T Stamp, Inc. has successfully raised approximately $6.196 million through an ‘at the market offering’ of its common stock, facilitated by an Equity Distribution Agreement with Maxim Group LLC. The shares were sold at a volume-weighted average price of $3.55 per share between July 8, 2025, and October 9, 2025, significantly impacting the company’s capital structure with 4,208,833 shares of Class A Common Stock now outstanding.

The most recent analyst rating on (IDAI) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on T Stamp, Inc. Class A stock, see the IDAI Stock Forecast page.

T Stamp Inc. Raises $5.6 Million in Stock Offering

T Stamp Inc. has successfully raised approximately $5.6 million through the sale of its common stock in an ‘at the market offering’ under an Equity Distribution Agreement with Maxim Group LLC. The shares were sold at a volume-weighted average price of approximately $3.56 per share, with sales occurring between July 8, 2025, and October 2, 2025.

The most recent analyst rating on (IDAI) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on T Stamp, Inc. Class A stock, see the IDAI Stock Forecast page.