Intellicheck Q2 revenue jumps 160% to record $4.8M; SaaS revenue up 93%

Intellicheck, Inc.

2022-Q2 EPS reported -$0.29 revenue$7,659,682

Revenue $4,797,000 (+160% YoY); SaaS revenue $3,234,000 (+93% YoY).
Net loss ($738K) or ($0.04)/share vs ($760K) loss prior year; adjusted EBITDA loss narrowed to ($46K) from ($619K).
Gross margin 69.4% (88.6% prior) due to $1.4M lower-margin hardware; excluding hardware, SaaS gross margin 93.3%.
Cash $11.9M and stockholders' equity $22.1M at June 30, 2021.
CEO cites increased investment in sales/marketing and R&D to support growth.

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