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Added to YB: 2024-01-31

Pitch date: 2024-01-31

AUID [bearish]

authID Inc.

+83.18%

current return

Author Info

Company Info

authID Inc. provides biometric identity platform worldwide. The company offers cloud-based platform, including Biometric Identity Verification – Proof, which establishes the identity of a user based on a variety of ground truth sources, including government-issued identity documents, such as national IDs, driver’s licenses, passports, and electronic machine-readable travel documents; Verified platform, which detects presentation attack and spoofing threats; authID’s Proof for identity verification product eliminates the need for costly and less accurate face-to-face, in-person ID checks; Biometric Identity Authentication – Verified, which provides organization with a secure convenient solution to validate that individual is the verified account owner for various purposes, including passwordless login and performing specific transactions, and functions; PrivacyKey Privacy Preserving Biometrics solution provides biometric authentication without the requirement to store any biometri and derivative of biometric data; Account Access and Recovery, which allows users to recover, via a facial biometric, account access that is lost or blocked due to expired credentials, lockouts, lost or stolen devices, and compromised accounts.

Market Cap

$26.2M

Pitch Price

$8.98

Price Target

2.50 (+66%)

Dividend

N/A

EV/EBITDA

-1.13

P/E

-1.14

EV/Sales

11.62

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)