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Added to YB: 2024-01-31

Pitch date: 2024-01-31

AUID [bearish]

authID Inc.

+88.64%

current return

Author Info

Company Info

authID Inc. provides secure, biometric, identity verification, and strong passwordless and biometric authentication for consumer and workforce applications worldwide.

Market Cap

$25.4M

Pitch Price

$8.98

Price Target

2.50 (+125%)

Dividend

N/A

EV/EBITDA

-1.09

P/E

-1.24

EV/Sales

11.18

Sector

Software

Category

N/A

Show full summary:
AuthID (AUID) - Are These Guys Delusional or Highly Convicted?

AUID: Overvalued at $100M with near-zero revenue, 33 staff. CEO/CFO lack track record & hold little stock. Unimpressive board. Auditor has shady history. Relies on insider funding rounds to stay afloat. Burning cash, 18 months runway left. No turnaround catalyst, once $2.50. 10% borrow cost. $2.50 PT.

Read full article (4 min)