Intellicheck, Inc.

Intellicheck, Inc. develops identity verification software used to authenticate government-issued IDs and help customers prevent fraud. Its platform is delivered as SaaS and can be accessed through smartphones, tablets, POS integrations, and other electronic devices, with pricing based on fixed monthly fees or per-scan usage.

7,9 %

90,4 %

5,6 %

+13,3 %

3.68

3.68

— Intellicheck, Inc.
%
Identity verification SaaS85% Cloud-based software used to verify identity documents and authenticate customers in real time.
Per-scan transaction services10% Usage-based revenue generated each time a customer scans an identity document through the platform.
Fixed-price subscriptions5% Monthly recurring access fees charged per device or physical location for software use.

Intellicheck sells to organizations that need to confirm identity at the point of sale or account opening, especially...

  • Retail merchantsprimary

    Buy identity verification tools to prevent fraud at the point of sale and in age-restricted transactions.

  • Banks and financial institutionsprimary

    Use the software to verify customer identity during onboarding and reduce account-opening fraud.

  • Other commercial enterprisessecondary

    Adopt the platform for identity checks across industries where fraud prevention matters.

Intellicheck is a U.S.-based company and the available disclosures do not provide a country-by-country revenue split...

  • •Headquartered in the United States
  • •No country-level revenue split disclosed in the excerpts
  • •Business appears primarily domestic based on customer use cases
  • •Software delivery reduces dependence on physical manufacturing footprint
  • •Geographic exposure is tied to U.S. fraud and compliance demand

Management is focused on growing SaaS revenue, expanding usage-based and subscription contracts, and using its identity...

01
Expand SaaS adoptionshort-term

Recurring software revenue is more scalable and predictable than one-time usage.

02
Broaden end-market reachmedium-term

New verticals can reduce dependence on a narrow retail/banking customer base.

03
Invest in operating scalemedium-term

More infrastructure and marketing support customer growth and competitive response.

Intellicheck depends on continued customer adoption of its identity verification software, so slower sales growth or...

high

Customer adoption and renewal risk

Revenue depends on customers continuing to use the platform for scans or subscriptions.

Scope
SaaS and service revenue
Materiality
high
high

Competitive pressure

Identity verification is a crowded market, and customers can switch to alternative vendors.

Scope
Pricing and customer retention
Materiality
high
medium

Liquidity and funding risk

Management may need additional capital for marketing, expansion, or acquisitions.

Scope
Working capital and growth initiatives
Materiality
medium
medium

Impairment risk on goodwill and intangibles

The company carries goodwill and intangible assets that could be written down if performance weakens.

Scope
Balance sheet and earnings
Materiality
medium
ASC 606 revenue recognition
Affects reported revenue growth and deferred revenue balances
Deferred revenue
Impacts revenue timing and short-term comparability
Breakage revenue
Can change recognized revenue and margin trends
Goodwill and intangible asset valuation
Potential non-cash charges to earnings and equity
Stock-based compensation
Can materially affect reported profitability

INTELLINETICS, INC.

INLX · Services-Prepackaged Software

DoubleVerify Holdings, Inc.

DV · Services-Computer Programming, Data Processing, Etc.

iWallet Corp

IWAL · Communications Equipment, NEC

MITEK SYSTEMS INC

MITK · Computer Peripheral Equipment, NEC

Red Violet, Inc.

RDVT · Services-Prepackaged Software

EQUIFAX INC

EFX · Services-Consumer Credit Reporting, Collection Agencies

: 28/04/2026