other material
confidence high
sentiment positive
materiality 0.60
authID presents Q3 2024 financial highlights in new investor deck; bookings growth trajectory outlined
authID Inc.
- Q3 2024 GAAP revenue $3.05M; net loss from continuing ops $16.4M (9 months) and $10.7M (3 months).
- bARR (Booked Annual Recurring Revenue) YTD Q3 2024 $1.88M vs $1.15M YTD Q3 2023, up ~63%.
- Remaining Performance Obligation (RPO) $3.83M YTD Q3 2024, up from $2.94M FY 2023.
- Company targets cumulative bookings path to $100M+ by 2027 using T2D3 growth model.
- New leadership team with experience building $100M+ ARR identity verification businesses.