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
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.
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