Professional
Added to YB: 2024-04-24
Pitch date: 2024-04-23
AUID [bearish]
authID Inc.
+84.45%
current return
Author Info
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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
$7.14
Price Target
1.00 (-10%)
Dividend
N/A
EV/EBITDA
-1.09
P/E
-1.24
EV/Sales
11.18
Sector
Software
Category
N/A
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)