Trust Stamp Inc (NASDAQ:IDAI) Earnings Report Highlights

• Trust Stamp Inc (NASDAQ:IDAI) matched its estimated EPS of -$1.55 and reported revenue slightly below expectations at $500,000.
• The company anticipates revenue from existing customers to exceed $5 million in 2025, following a robust Q4 2024 performance.
• Financial challenges include a negative price-to-earnings ratio of -3.82 and a current ratio indicating potential liquidity issues at 0.60.

Trust Stamp Inc (NASDAQ:IDAI) is a global provider of AI-powered identity services, offering solutions across sectors like banking, finance, and healthcare. The company focuses on enhancing security, reducing fraud, and improving operational efficiency. Trust Stamp operates in North America, Europe, Asia, and Africa, and is listed on the Nasdaq Capital Market under the symbol IDAI.

On March 27, 2025, IDAI reported its earnings, revealing an earnings per share (EPS) of -$1.55, which matched the estimated EPS of -$1.55. The company's actual revenue was $500,000, slightly below the estimated revenue of $510,000. Despite these figures, Trust Stamp anticipates revenue from existing customers to surpass $5 million in 2025, as highlighted by its robust fourth-quarter results for 2024.

In Q4 2024, Trust Stamp reported revenue of nearly $1.5 million, almost triple the $575,000 recorded in the same period the previous year. This performance significantly exceeded analysts’ forecasts of $510,000. The company plans to file its annual Form 10-K for the 2024 fiscal year after markets close on March 31, 2025, providing further insights into its financial health.

Trust Stamp's financial metrics reveal some challenges. The company has a price-to-sales ratio of approximately 2.29 and an enterprise value to sales ratio of about 2.86. Its debt-to-equity ratio is 0.34, indicating a moderate level of debt compared to equity. However, the current ratio of 0.60 suggests potential liquidity challenges in meeting short-term obligations.

The company also faces financial difficulties, as reflected by a negative price-to-earnings ratio of -3.82 and a negative earnings yield of -26.18%. Additionally, the enterprise value to operating cash flow ratio is -0.76, indicating challenges in generating cash flow from operations. Despite these hurdles, Trust Stamp remains optimistic about its revenue prospects for 2025.