Trust Stamp files its 2024 10-K and gives forward-looking revenue and expense guidance
Trust Stamp (IDAI) has filed its 2024 FY 10-K report on March 31st, 2025, revealing significant financial developments. The company reported Q4 2024 revenue of $1.50 million, marking substantial growth from $0.51 million in Q3 2024 and $0.58 million in Q4 2023.
Looking ahead, Trust Stamp projects FY 2025 revenue to exceed $5.0 million from existing contracted customers, excluding potential revenue from non-revenue-generating contracted clients. The company anticipates monthly expense reductions of $0.1 million for the remainder of 2025 compared to 2024 levels. Cash burn is estimated at $0.75 million for Q1 2025, with an average monthly burn rate of $0.2 million projected for the rest of FY 2025.
Trust Stamp (IDAI) ha presentato il suo rapporto 10-K per l'anno fiscale 2024 il 31 marzo 2025, rivelando sviluppi finanziari significativi. L'azienda ha riportato un fatturato del Q4 2024 di 1,50 milioni di dollari, segnando una crescita sostanziale rispetto ai 0,51 milioni di dollari del Q3 2024 e ai 0,58 milioni di dollari del Q4 2023.
Guardando al futuro, Trust Stamp prevede che il fatturato per l'anno fiscale 2025 supererà i 5,0 milioni di dollari dai clienti contrattati esistenti, escludendo il potenziale fatturato da clienti contrattati che non generano ricavi. L'azienda prevede riduzioni mensili delle spese di 0,1 milioni di dollari per il resto del 2025 rispetto ai livelli del 2024. Il consumo di cassa è stimato in 0,75 milioni di dollari per il Q1 2025, con un tasso di consumo mensile medio di 0,2 milioni di dollari previsto per il resto dell'anno fiscale 2025.
Trust Stamp (IDAI) ha presentado su informe 10-K del año fiscal 2024 el 31 de marzo de 2025, revelando desarrollos financieros significativos. La empresa reportó ingresos del Q4 2024 de 1.50 millones de dólares, marcando un crecimiento sustancial desde los 0.51 millones de dólares en el Q3 2024 y los 0.58 millones de dólares en el Q4 2023.
Mirando hacia el futuro, Trust Stamp proyecta que los ingresos del año fiscal 2025 superarán los 5.0 millones de dólares de los clientes contratados existentes, excluyendo los ingresos potenciales de clientes contratados que no generan ingresos. La empresa anticipa reducciones mensuales de gastos de 0.1 millones de dólares para el resto de 2025 en comparación con los niveles de 2024. Se estima que la quema de efectivo será de 0.75 millones de dólares para el Q1 2025, con una tasa de quema mensual promedio de 0.2 millones de dólares proyectada para el resto del año fiscal 2025.
Trust Stamp (IDAI)는 2025년 3월 31일에 2024 회계연도 10-K 보고서를 제출하며 중요한 재무 발전을 공개했습니다. 회사는 2024년 4분기 수익이 150만 달러에 달한다고 보고했으며, 이는 2024년 3분기 51만 달러와 2023년 4분기 58만 달러에서 상당한 성장입니다.
앞으로 Trust Stamp는 2025 회계연도 수익이 기존 계약 고객으로부터 500만 달러를 초과할 것으로 예상하고 있으며, 수익을 창출하지 않는 계약 고객으로부터의 잠재적 수익은 제외됩니다. 회사는 2024년 수준에 비해 2025년 나머지 기간 동안 월간 비용을 10만 달러 줄일 것으로 예상하고 있습니다. 2025년 1분기 동안 현금 소모는 75만 달러로 예상되며, 2025 회계연도 나머지 기간 동안 월 평균 소모율은 20만 달러로 예상됩니다.
Trust Stamp (IDAI) a déposé son rapport 10-K pour l'exercice 2024 le 31 mars 2025, révélant des développements financiers significatifs. La société a rapporté un chiffre d'affaires de 1,50 million de dollars pour le T4 2024, marquant une croissance substantielle par rapport à 0,51 million de dollars au T3 2024 et 0,58 million de dollars au T4 2023.
En regardant vers l'avenir, Trust Stamp prévoit que le chiffre d'affaires pour l'exercice 2025 dépassera 5,0 millions de dollars provenant des clients sous contrat existants, excluant les revenus potentiels des clients sous contrat qui ne génèrent pas de revenus. La société anticipe des réductions mensuelles des dépenses de 0,1 million de dollars pour le reste de 2025 par rapport aux niveaux de 2024. La consommation de liquidités est estimée à 0,75 million de dollars pour le T1 2025, avec un taux de consommation mensuel moyen de 0,2 million de dollars prévu pour le reste de l'exercice 2025.
Trust Stamp (IDAI) hat am 31. März 2025 seinen 10-K-Bericht für das Geschäftsjahr 2024 eingereicht und dabei bedeutende finanzielle Entwicklungen offengelegt. Das Unternehmen berichtete von einem Umsatz von 1,50 Millionen Dollar im Q4 2024, was ein erhebliches Wachstum im Vergleich zu 0,51 Millionen Dollar im Q3 2024 und 0,58 Millionen Dollar im Q4 2023 darstellt.
Für die Zukunft prognostiziert Trust Stamp, dass der Umsatz im Geschäftsjahr 2025 5,0 Millionen Dollar übersteigen wird, basierend auf bestehenden Vertragskunden, ohne potenzielle Einnahmen von nicht ertragsbringenden Vertragskunden zu berücksichtigen. Das Unternehmen erwartet monatliche Kostensenkungen von 0,1 Millionen Dollar für den Rest des Jahres 2025 im Vergleich zu den Werten von 2024. Der Cashburn wird für Q1 2025 auf 0,75 Millionen Dollar geschätzt, mit einer durchschnittlichen monatlichen Burn-Rate von 0,2 Millionen Dollar, die für den Rest des Geschäftsjahres 2025 prognostiziert wird.
- Q4 2024 revenue increased 194% QoQ to $1.50M
- Projected FY 2025 revenue over $5.0M from existing contracts
- Monthly expenses expected to decrease by $0.1M compared to 2024
- Reduced projected monthly cash burn from $0.75M in Q1 to $0.2M for rest of 2025
- Significant cash burn of $0.75M expected in Q1 2025
Trust Stamp announces that it filed its 2024 FY 10-K after the Nasdaq market closed on March 31st, 2025, highlighted Q4 2024 results including revenue that substantially exceeded recent analysts' forecasts, and gave estimated revenue, expense, and cash-burn guidance for 2025 based on existing contracted revenue
Atlanta, GA, April 01, 2025 (GLOBE NEWSWIRE) -- Trust Stamp announces that:
- It filed its 10-K report for the 2024 Financial Year after the Nasdaq market closed on March 31st, 2025.
- Q4 2024 Revenue was
$1.50m increased from$0.51m for Q3 of 2024 and$0.58m for Q4 of 2023.
- Estimates of anticipated revenue from existing contracted customers for FY 2025 are believed to exceed
$5.0m and do not include projected revenue from contracted customers that are not yet revenue-generating.
- Expenses reductions for the balance of 2025 are estimated to result in new savings of
$0.1m per month versus expenses in 2024.
- Cash burn for Q1 of 2025 is estimated at
$0.75m with an average burn over the balance of FY 2025 estimated at$0.2m per month based solely on revenue from existing customers that are both contracted and currently revenue-generating.
Inquiries:
Trust Stamp Email: Shareholders@truststamp.ai
About Trust Stamp
Trust Stamp, is a global provider of AI-powered services for use in multiple sectors including banking and finance, regulatory compliance, government, healthcare, real estate, communications, and humanitarian services. Its technology empowers organizations via advanced solutions that reduce fraud, tokenize and secure data, securely authenticate users while protecting personal privacy, reduce friction in digital transactions, and increase operational efficiency, enabling customers to accelerate secure financial inclusion and reach and serve a broader base of users worldwide.
Located in eight countries across North America, Europe, Asia, and Africa, Trust Stamp trades on the Nasdaq Capital Market (Nasdaq: IDAI).
Safe Harbor Statement: Caution Concerning Forward-Looking Remarks
All statements in this release that are not based on historical fact are “forward-looking statements” including within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The information in this announcement may contain forward-looking statements and information related to, among other things, the company, its business plan and strategy, and its industry. These statements reflect management’s current views with respect to future events-based information currently available and are subject to risks and uncertainties that could cause the company’s actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The company does not undertake any obligation to
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