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Added to YB: 2024-04-24

Pitch date: 2024-04-23

AUID [bearish]

authID Inc.

+78.85%

current return

Author Info

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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

$7.14

Price Target

1.00 (-34%)

Dividend

N/A

EV/EBITDA

-1.13

P/E

-1.14

EV/Sales

11.62

Sector

Software

Category

N/A

Show full summary:
Former Top Executive at authID Spills the Beans about its Selfie Identification Product: 'There is No Market Fit'

AUID: Former exec says selfies won't be 2FA, behavior tracking will. AUID used 'sales' in PR instead of 'bookings', reported to SEC. Q4 sales missed PR's 300% QoQ growth claim. Deals with no/low rev cos. $1 PT on 300x P/S, big losses, 6yrs of no major client wins.

Read full article (5 min)