IDNNasdaqServices-Prepackaged SoftwareUS GAAP · USD

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.

Liikevaihto22,7milj. USD
+13,3 %v/v
Liikevoitto (EBIT)1,1milj. USD
+193,0 %v/v
EBIT-marginaali4,8%
+10,6 %-yks.v/v
Nettotulos1,3milj. USD
+238,7 %v/v
Vapaa kassavirta4,5milj. USD
+263,2 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−100102030milj. USD2020: 11 milj. USD2020: EBIT −0,26 milj. USD20202021: 16 milj. USD2021: EBIT −4,2 milj. USD20212022: 16 milj. USD2022: EBIT −3,7 milj. USD20222023: 19 milj. USD2023: EBIT −2,3 milj. USD20232024: 20 milj. USD2024: EBIT −1,2 milj. USD20242025: 23 milj. USD2025: EBIT 1,1 milj. USD2025231,1
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
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.

Tuotteet

Raportoitu · osuus liikevaihdosta
99,1%FY2025100 %
  • Software As A Service Saa S99,1 %
  • Other0,9 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Intellicheck sells to organizations that need to confirm identity at the point of sale or account opening, especially in retail and banking. Customers use the software to reduce fraud, comply with identity checks, and speed up verification without adding much friction to the transaction.

Retail merchants

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

Banks and financial institutions

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

Other commercial enterprises

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

Strategia

Management is focused on growing SaaS revenue, expanding usage-based and subscription contracts, and using its identity verification technology across more industries. The company also highlights the need to fund marketing, new market development, infrastructure, and possible acquisitions to support growth and competitive positioning.

Expand SaaS adoptionLyhyt aikaväli

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

Broaden end-market reachKeskipitkä aikaväli

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

Invest in operating scaleKeskipitkä aikaväli

More infrastructure and marketing support customer growth and competitive response.

Maantiede

Intellicheck is a U.S.-based company and the available disclosures do not provide a country-by-country revenue split. Its business appears to be primarily domestic, with customers using the software wherever identity verification is needed in retail and banking workflows.

Riskit

Intellicheck depends on continued customer adoption of its identity verification software, so slower sales growth or competitive pressure could affect revenue. The business also faces typical SaaS risks around customer concentration, product relevance, and the need to keep investing in marketing and technology while maintaining liquidity.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Customer adoption and renewal risk1Competitive pressure2
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Customer adoption and renewal riskVaikutus: KorkeaTodennäköisyys: Korkea

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

    Kohdistuu: SaaS and service revenue

  2. Competitive pressureVaikutus: KorkeaTodennäköisyys: Korkea

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

    Kohdistuu: Pricing and customer retention

  3. Liquidity and funding riskVaikutus: Keskitaso

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

    Kohdistuu: Working capital and growth initiatives

  4. Impairment risk on goodwill and intangiblesVaikutus: Keskitaso

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

    Kohdistuu: Balance sheet and earnings

Kirjanpito

Harkinnanvaraiset erät
ASC 606 revenue recognition

Revenue timing depends on contract type, service delivery, and invoicing under per-scan and fixed-fee models.

Vaikutus: Affects reported revenue growth and deferred revenue balances

Deferred revenue

Pre-billed SaaS fees are recognized later as services are delivered.

Vaikutus: Impacts revenue timing and short-term comparability

Breakage revenue

Management uses estimates for unused or unredeemed service value.

Vaikutus: Can change recognized revenue and margin trends

Goodwill and intangible asset valuation

The company carries goodwill and intangibles that require impairment review.

Vaikutus: Potential non-cash charges to earnings and equity

Stock-based compensation

Equity awards are expensed at fair value and affect operating results.

Vaikutus: Can materially affect reported profitability

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026