Earnings per Share (EPS) of -$0.89 significantly missed estimates, indicating current unprofitability.
Revenue fell short at approximately $545,000 against an estimated $1.3 million, yet the price-to-sales ratio remains optimistic at 2.13.
Despite financial hurdles, Trust Stamp sees an increase in its customer base, with 94 institutional customers now using its SaaS Orchestration Layer.
Trust Stamp, trading under the symbol NASDAQ:IDAI, is a global provider of AI-powered services. The company operates across various sectors, including banking, finance, and healthcare, aiming to reduce fraud and enhance operational efficiency. Despite its innovative offerings, IDAI faces financial challenges, as reflected in its recent earnings report.
On May 15, 2025, IDAI reported an earnings per share (EPS) of -$0.89, significantly missing the estimated EPS of -$0.35. This indicates that the company is currently not profitable, as highlighted by its negative price-to-earnings (P/E) ratio of approximately -0.63. The negative earnings yield of -1.58% further underscores these profitability issues.
The company’s revenue for the period was approximately $545,000, falling short of the estimated $1.3 million. Despite this, IDAI’s price-to-sales ratio of about 2.13 suggests that investors are still willing to pay $2.13 for every dollar of sales. This is supported by the enterprise value to sales ratio of approximately 2.12, indicating a similar valuation perspective.
IDAI’s financial health is mixed, with a low debt-to-equity ratio of 0.27, indicating conservative debt usage. The current ratio of 2.32 suggests a strong liquidity position, allowing the company to cover its short-term liabilities. However, the enterprise value to operating cash flow ratio is negative at around -0.78, reflecting challenges in generating positive cash flow from operations.
Despite these financial hurdles, Trust Stamp is experiencing growth in its customer base. The number of institutional customers on its SaaS Orchestration Layer has increased to 94, up from 80 at the end of Q4 2024. This growth includes 12 new community banks and two credit unions, indicating a positive trend in customer enrollment.