Présentation de l'entreprise
authID Inc. operates as a provider of a biometric identity platform designed to function on a global scale. The enterprise specializes in delivering cloud-based solutions, prominently featuring Biometric Identity Verification Proof capabilities that authenticate user identities against diverse ground truth sources, including government-issued identity documents such as national IDs. This business model positions the firm within the Technology sector, specifically under the Software - Infrastructure industry classification, which implies a focus on foundational software solutions rather than consumer-facing applications or hardware manufacturing. Currently, the company holds a market capitalization of $17.91M and reports annual revenue (TTM) of $2.04M, while its employee count is not disclosed in public filings. These valuation and revenue figures indicate that authID Inc. operates as a micro-cap entity with a relatively small revenue base, suggesting it is still in a phase of establishing significant market share or scaling operations rather than dominating a mature market segment.
Santé financière
The financial performance for the trailing twelve months demonstrates a revenue of $2.04M, yet this generates a net income of -$17,932,880, resulting in a net loss that far exceeds the top-line revenue. Furthermore, the company reports an EBITDA of -$18,135,164, highlighting a substantial disparity between revenue and profitability. The gap between the $2.04M revenue and the negative net income reveals a cost structure where operating expenses and losses significantly outweigh gross profits, indicating high burn rates or substantial upfront investment costs not yet recovered. In terms of cash generation, the free cash flow stands at -$8,382,428, which signifies that the company is consuming cash rather than generating liquidity from its operations. This negative free cash flow indicates limited financial flexibility and a reliance on external capital sources, such as equity issuances or debt financing, to fund ongoing activities. Regarding profitability margins, the gross margin is recorded at 100.0%, which typically suggests cost of goods sold is zero or immaterial, while the operating margin of -1002.8% and profit margin of 0.0% reflect severe operating inefficiencies or massive overhead costs relative to sales. The balance sheet shows a cash balance of $4.61M against $0 in total debt, creating a situation where the company holds assets but carries no financial leverage. Although the debt-to-equity ratio is not calculable due to the absence of equity value or high debt levels, the zero debt figure suggests a conservative stance on liabilities. Liquidity is supported by a current ratio of 4.16, which indicates a robust ability to cover short-term obligations with current assets, providing a buffer against immediate solvency risks despite the operating losses. Return metrics show a return on equity of -178.1% and a return on assets of -92.8%, which reveal that management effectiveness is currently negative, as the company is generating losses that erode both shareholder equity and the asset base.
Évaluation de la valorisation
Valuation multiples for authID Inc. are constrained by its lack of profitability, resulting in a trailing P/E ratio and forward P/E ratio that are not applicable (N/A) due to negative earnings. The absence of a positive earnings trajectory implies that traditional earnings-based valuation models cannot be applied, forcing reliance on asset-based or revenue-based metrics. The price-to-book ratio is stated at 2.07, which indicates that the market values the company at a premium of roughly double its net book value, suggesting investors are pricing in future growth potential or intangible assets not fully captured on the balance sheet. Alternative valuation metrics include a price-to-sales ratio of 8.78 and an EV/EBITDA of -0.73; the negative EV/EBITDA confirms the company is not yet profitable, while the high price-to-sales multiple suggests the market expects rapid revenue expansion to justify the current share price. Historical price data shows a 52-week high of $9.58 and a 52-week low of $0.84, illustrating a wide trading range that reflects high volatility in investor sentiment. While the exact current price is not explicitly provided in the available facts, the wide spread between the high and low suggests the stock is highly sensitive to market fluctuations and news cycles. The beta value is 1.66, which indicates that the stock's price volatility is significantly higher than the broader market, moving approximately 66% more than the market index during periods of instability. This high beta characteristic means that investors should expect larger swings in share price compared to the overall market index.
Growth & Income
The growth profile for the company highlights a revenue growth rate of 103.2% year-over-year, demonstrating a more than doubling of sales in the trailing period. Conversely, earnings growth is not applicable (N/A) due to the company's continued net losses, indicating that while top-line expansion is accelerating, profitability has not yet been achieved to match this revenue velocity. For dividend payers, the dividend yield is not applicable and the payout ratio is 0.0%, confirming that the company does not distribute any earnings to shareholders. As a non-dividend payer, authID Inc. reinvests all available earnings and capital back into the business to fund operations, research, and development rather than paying out cash returns. This approach prioritizes capital appreciation over current income, which is typical for companies in the early stages of scaling or those investing heavily in infrastructure. The overall growth and income profile presents a high-risk, high-reward scenario characterized by rapid revenue expansion but a complete lack of current income generation or dividend distribution.