Trust Stamp Q1 revenue up 25% to $574K; operating loss widens to $2.85M, EPS improves to -$0.26

T Stamp Inc

2024-Q1 EPS reported -$0.26 revenue$573,676

Q1 net revenue $574K (+25% YoY from $459K); operating loss $2.85M vs $2.58M.
Net loss per share improved to $0.26 from $0.50 due to increased share count.
51 financial institutions integrated (fivefold increase since start 2023); recurring revenue expected from Q3 2024.
Launched AI age-estimation product with first engagement and new wire/transfer authentication product for community banks.
SG&A up 26.5% on added sales staff and in-house development; stock-based compensation impact $257K.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

T Stamp Inc reported the three months ended March 31, 2024 results: revenue $574 thousand, EPS $0.26 per share.

Period: the three months ended March 31, 2024
Revenue: $574 thousand
EPS: $0.26 per share
Result: reported results

Exact text from the filing

were undertaken to maximize future revenue potential from that relationship, but our net revenue still increased from $459 thousand for the three months ended March 31, 2023 to $574 thousand for the three months ended March 31, 2024. The increase in net revenue included an additional $115 thousand revenue from our S&P 500 bank customer adopting the Orchestration

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

T Stamp Inc filing history →

Source: SEC EDGAR

accession 0001718939-24-000083

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.