Technology - Software - Application - NASDAQ - US
$ 0.1891
-0.631 %
$ 3.56 M
Market Cap
-0.25
P/E
T Stamp Inc. develops and markets identity authentication software solutions for government, enterprise partners, and peer-to-peer markets in the United States, the United Kingdom, and Malta. The company's artificial intelligence powered solutions include researching and leveraging biometric science, cryptography, and data mining to deliver insightful identity & trust predictions while identifying and defending against fraudulent identity attacks. Its solution converts biometric and other identifying data into an Irreversibly Transformed Identity Token that serves as a secure tokenized identity. The company also offers solutions for privacy and data protection, document validation, identity verification, duplicate detection, and biometric capture. It serves banking/fintech; humanitarian and development services; biometrically secured email; KYC/AML compliance; government and law enforcement; P2P transactions, social media, and sharing economy; and real estate, travel, and healthcare industries.[ Read More ]
The intrinsic value of one IDAI stock under the base case scenario is HIDDEN Compared to the current market price of 0.189 USD, T Stamp Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart IDAI
FINANCIALS
4.56 M
REVENUE
-7.89 M
OPERATING INCOME
-7.64 M
NET INCOME
-7.85 M
OPERATING CASH FLOW
-402 K
INVESTING CASH FLOW
10.2 M
FINANCING CASH FLOW
500 K
REVENUE
-2.63 M
OPERATING INCOME
-2.6 M
NET INCOME
-1.6 M
OPERATING CASH FLOW
-207 K
INVESTING CASH FLOW
1.65 M
FINANCING CASH FLOW
Balance Sheet Decomposition
T Stamp Inc.
| Current Assets | 4.7 M |
| Cash & Short-Term Investments | 3.14 M |
| Receivables | 686 K |
| Other Current Assets | 871 K |
| Non-Current Assets | 3.2 M |
| Long-Term Investments | 0 |
| PP&E | 221 K |
| Other Non-Current Assets | 2.97 M |
| Current Liabilities | 2.71 M |
| Accounts Payable | 1.23 M |
| Short-Term Debt | 245 K |
| Other Current Liabilities | 1.24 M |
| Non-Current Liabilities | 1.26 M |
| Long-Term Debt | 1.01 M |
| Other Non-Current Liabilities | 257 K |
EFFICIENCY
Earnings Waterfall
T Stamp Inc.
| Revenue | 4.56 M |
| Cost Of Revenue | 914 K |
| Gross Profit | 3.65 M |
| Operating Expenses | 12.5 M |
| Operating Income | -7.89 M |
| Other Expenses | -252 K |
| Net Income | -7.64 M |
RATIOS
79.95%
GROSS MARGIN
-173.01%
OPERATING MARGIN
-167.48%
NET MARGIN
-203.48%
ROE
-96.76%
ROA
-162.25%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
T Stamp Inc.
| Net Income | -7.64 M |
| Depreciation & Amortization | 790 K |
| Capital Expenditures | -4.71 K |
| Stock-Based Compensation | 763 K |
| Change in Working Capital | -313 K |
| Others | -1.77 M |
| Free Cash Flow | -7.86 M |
Wall Street Analysts Price Targets
T Stamp Inc.
IDAI has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
T Stamp Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
1.16 M USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
2 weeks ago
Oct 28, 2024
|
Bought 300 K USD
|
DQI Holdings Inc.
10 percent owner |
+ 1363636
|
0.22 USD |
|
2 months ago
Sep 10, 2024
|
Bought 856 K USD
|
DQI Holdings Inc.
10 percent owner |
+ 3763950
|
0.2273 USD |
7. News
Trust Stamp to enhance biometric cryptosystem with contactless palm recognition
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID), doing business as Trust Stamp, announced the launch of a research initiative called the Biometric Secure Module (BSM) to enhance its biometric cryptosystem Stable IT2 to include contactless palm authentication. The 18-month project, starting on November 1, 2024, is supported by Xjenza Malta through the FUSION: R&I Technology Development Programme Lite.
proactiveinvestors.com
- 3 weeks ago
Trust Stamp Enhances Biometric Security with Palm-Enhanced Cryptographic Solution
Atlanta, GA, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), a global provider of advanced identity solutions, is pleased to announce the launch of a pioneering research initiative aimed at expanding its biometric cryptosystem, Stable IT2, to include contactless palm authentication. The Biometric Secure Module (BSM) project will further enhance security by integrating face and palm biometrics, providing a more resilient and privacy-centric authentication system.
globenewswire.com
- 3 weeks ago
Trust Stamp secures patent for Personal Identifiable Information Encoder
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID), doing business as Trust Stamp, announced that it has been issued a US Patent covering the invention of a Personal Identifiable Information Encoder. Trust Stamp CEO Gareth Genner highlighted data protection and privacy should be “non-negotiable” for any enterprise or government agency storing or processing personal identifiable information (PII).
proactiveinvestors.com
- 2 months ago
Trust Stamp to raise $2M through direct offering and private placement
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID) (dba Trust Stamp), the AI-powered identity software provider, announced on Tuesday that it has entered into a securities purchase agreement with an institutional investor to raise approximately $2 million through a combination of a registered direct offering and a private placement. The company will issue over 1.4 million shares of common stock, or pre-funded warrants in lieu thereof, at an offering price of $0.3223 per share.
proactiveinvestors.com
- 2 months ago
Trust Stamp Announces Pricing of Registered Direct Offering and Warrant Inducement, Priced At-The-Market, for Aggregate Gross Proceeds of $2.0 Million
Atlanta, GA, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity Company™ providing AI-powered software used globally across multiple sectors, today announced that it has entered into a securities purchase agreement with a single institutional investor to purchase 1,432,399 shares of common stock (or pre-funded warrants in lieu thereof) in a registered direct offering priced at-the-market under Nasdaq rules. In a concurrent private placement, the Company also agreed to issue and sell unregistered warrants to purchase up to an aggregate of 2,864,798 shares of common stock. The combined effective offering price for each share of common stock (or pre-funded warrant in lieu thereof) and accompanying warrant is $0.3223. The private placement warrants will be exercisable upon receipt of shareholder approval, will expire five years from the initial exercise date and will have an exercise price of $0.3223 per share.
globenewswire.com
- 2 months ago
Trust Stamp narrows net loss as revenue and customer enrollments grow
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID), doing business as Trust Stamp, reported higher revenue for the six-month period ending June 30, 2024, as it saw a 100% year-over-year increase in enrolled customers. The company had 62 financial institutions enrolled on their SaaS Orchestration Layer compared to 31 financial institutions as of June 30, 2023.
proactiveinvestors.com
- 3 months ago
Trust Stamp Provides a Business Report and Financial Results for the Six Months Ended June 30, 2024
Atlanta, GA, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), the Privacy-First Identity Company™ providing AI-powered software used globally across multiple sectors, announced financial results and provided a business update for the six months ended June 30, 2024. These included a 100% year-on-year increase in enrolled customers and increases in Net Revenue for each of the quarter and six-month periods ending June 30, 2024.
globenewswire.com
- 3 months ago
IDAI Stock Alert: Why Is AI Player Trust Stamp Surging Today?
Trust Stamp (NASDAQ: IDAI ) stock is taking off on Wednesday after the artificial intelligence ( AI ) company announced a new license agreement for its computer vision and AI technologies. Trust Stamp has reached an agreement with Boumarang for the use of its computer vision and AI tech in hydrogen-powered UAV systems.
investorplace.com
- 3 months ago
Trust Stamp shares skyrocket on $5M license deal with drone firm Boumarang
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID), doing business as Trust Stamp, has announced a strategic implementation with drone technology and hydrogen power solutions provider Boumarang. Trust Stamp has granted Boumarang a non-exclusive license to use its computer vision and other patented AI-powered technologies with its hydrogen-powered drones for a $5 million one-time license fee.
proactiveinvestors.com
- 3 months ago
Trust Stamp has licensed its computer vision and other AI-based technologies for use in Hydrogen-Powered Search & Rescue, Humanitarian Services, Surveillance, and Delivery Drones in a transaction generating $5,000,000 of income for Trust Stamp in Q3 of 2024
ATLANTA, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Trust Stamp (Nasdaq: IDAI), a global provider of AI-powered technologies, announces a strategic implementation with Boumarang Inc. (“Boumarang”), a pioneer in drone technology and hydrogen power solutions. The implementation will see Trust Stamp's computer vision, data tokenization, and other AI-powered technologies integrated into and used in conjunction with groundbreaking hydrogen-powered UAV systems.
globenewswire.com
- 3 months ago
Trust Stamp and Botdoc address digital fraud in auto industry – ICYMI
Earlier this week T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID) (dba Trust Stamp) struck a new partnership with Botdoc to integrate its low-code Orchestration Platform within Botdoc's Connect product. In this interview with Proactive, Trust Stamp president Andrew Gowasack discussed the company's new partnership, aimed at combating the 98% rise in synthetic identity fraud in the automotive industry.
proactiveinvestors.com
- 3 months ago
Trust Stamp partners with Botdoc to enhance identity verification
T Stamp Inc (NASDAQ:IDAI, EURONEXT:AIID) (dba Trust Stamp) said it has struck a new partnership with Botdoc to integrate its low-code Orchestration Platform within Botdoc's Connect product. The partnership enhances Know Your Customer (KYC) processes by integrating Trust Stamp's advanced identity verification technology into Botdoc's Connect product, improving accuracy and security in verifying customer identities and documents.
proactiveinvestors.com
- 3 months ago
8. Profile Summary
T Stamp Inc. IDAI
COUNTRY
US
INDUSTRY
Software - Application
MARKET CAP
$ 3.56 M
Dividend Yield
0.00%
Description
T Stamp Inc. develops and markets identity authentication software solutions for government, enterprise partners, and peer-to-peer markets in the United States, the United Kingdom, and Malta. The company's artificial intelligence powered solutions include researching and leveraging biometric science, cryptography, and data mining to deliver insightful identity & trust predictions while identifying and defending against fraudulent identity attacks. Its solution converts biometric and other identifying data into an Irreversibly Transformed Identity Token that serves as a secure tokenized identity. The company also offers solutions for privacy and data protection, document validation, identity verification, duplicate detection, and biometric capture. It serves banking/fintech; humanitarian and development services; biometrically secured email; KYC/AML compliance; government and law enforcement; P2P transactions, social media, and sharing economy; and real estate, travel, and healthcare industries. The company was incorporated in 2016 and is headquartered in Atlanta, Georgia.
Contact
3017 Bolling Way NE, Atlanta, GA, 30305
https://truststamp.ai
IPO Date
Feb. 24, 2021
Employees
83
Officers
Rebecca McCarthy
Legal Counsel
Lance Wilson
Senior Vice President of Finance & Accounting
Mr. Alexander Valdes
Executive Vice President, Chief Financial Officer & Board Secretary
Mr. Joshua Allen
Executive Vice President of Mergers & Acquisitions
Dr. Thian Poh Hoon
Chief Science Officer
Mr. Kinny Chan
Chief Commercial Officer
Mr. John Wesley Bridge
Executive Vice President & President of GovTech
Mr. Andrew Carl Gowasack
Co-Founder, Chief Product Evangelist, President & Director
Amberly Mangion
Compliance & Data Protection Manager
Mr. Gareth N. Genner
Co-Founder, Chief Executive Officer & Executive Director