authID 2025 revenue more than doubles

authID

31/03/2026 21:16

Overview

US biometric ID platform's fiscal 2025 revenue more than doubled year-over-year

Net loss widened to $17.9 mln, with adjusted EBITDA loss also increasing

Operating expenses rose due to increased headcount and investment in sales and R&D

Outlook

authID did not provide specific financial guidance for the current quarter or full year

Result Drivers

NEW CUSTOMER WINS - Co attributed revenue growth to new agreements with a top-20 global retailer, a global technology firm, and a fintech platform serving over 100 financial institutions

CONTRACT CHALLENGES - Revenue was negatively affected by accounting adjustments related to challenges with two customer contracts, including delays and issues with customers meeting contractual obligations

DECLINE IN BOOKED RECURRING REVENUE - Booked annual recurring revenue (bARR) fell sharply due to customer delays in production go-live, slower volume ramping, and challenges meeting contractual obligations

Company press release: ID:nGNX5g6Hnn

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
$2 mln
FY EPS
-$1.38
FY Adjusted EBITDA
-$14.40 mln
FY Operating Expenses
$20.20 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)