earnings
confidence high
sentiment positive
materiality 0.70
Trust Stamp revenue up 309% in Q3 2022; gross profit up 915%
T Stamp Inc
2022-Q3 EPS reported
-$0.35
revenue$4,877,809
- Revenue $1.35M vs $330K YoY; gross margin 60.8% up from 24.5%.
- Operating loss $3.44M, net loss $0.15 per share; cash $2.93M, no long-term debt.
- Orchestration Platform adoption growing: FIS signed multiple customers; one client saw 4x revenue increase.
- 10-year Mastercard technology services agreement with per-use revenue expected in late 2023.