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Intellicheck, Inc. (symbol: IDN) stands out as a leader in providing instant, accurate identification authentication solutions. Since its founding in 1994, Intellicheck has catered to a diverse set of markets including retail, hospitality, law enforcement, defense, and transportation. The company's innovative technology, protected by twenty patents, enhances the safety and awareness of facilities and personnel, improves customer service, and boosts operational efficiencies.
Headquartered in Jericho, New York, with a west coast office in Port Townsend, Washington, Intellicheck has grown to serve dozens of Fortune 500 companies, major seaports, military bases, police departments, and other government agencies. Their identification solutions play a critical role in sectors requiring stringent security measures and robust fraud prevention mechanisms.
Intellicheck’s core offerings include real-time identification authentication and age verification, which help combat identity theft and fraud. This technology is integral to their clients' ability to increase revenues and improve customer service. The company’s strategic focus is on partnering with banks, credit card issuers, and retailers to prevent fraud, significantly contributing to the financial safety and reliability of these institutions.
Intellicheck generates revenue through the sale of systems, subscription fees, software upgrades, and extended maintenance programs. This diversified revenue stream supports their continuous innovation and operational stability.
As a publicly traded entity on the NYSE Mkt exchange under the symbol IDN, Intellicheck remains committed to advancing their technology and expanding their market reach, ensuring they stay at the forefront of identity verification solutions.
Intellicheck (Nasdaq: IDN) is set to report its financial results for the first quarter ending March 31, 2021, on May 4, 2021, after U.S. market close. An earnings conference call will follow at 4:30 p.m. ET, allowing stakeholders to discuss operating results. The company is a leader in identity verification technology, aimed at preventing fraud for banks, retailers, and government agencies. This upcoming report may significantly influence investor sentiment and stock performance, highlighting revenue and operational metrics critical for stakeholders.
Intellicheck, Inc. (Nasdaq: IDN) has appointed Bruce Ackerman as Senior Vice President of Sales and David Andrews as Vice President of Marketing, aiming to enhance its identity verification solutions amid rising identity theft and fraud. CEO Bryan Lewis emphasized the significance of these hires for growth and market share expansion. Ackerman brings over 25 years in B2B software sales, while Andrews has 30 years of marketing experience. The appointments follow Garrett Gafke's recent introduction as President. The company is committed to partnering with various sectors to combat fraud.
Intellicheck, Inc. (Nasdaq: IDN) has appointed Garrett Gafke as its new President, enhancing its leadership in identity authentication solutions. Gafke, previously the CEO of IdentityMind and Paymate, will focus on product strategy and marketing to capitalize on opportunities in the identity theft and fraud sector. CEO Bryan Lewis expressed enthusiasm for Gafke's expertise and outlined his role in strategic growth while managing daily operations. This appointment aims to strengthen the company's market position in combating identity fraud and enhancing operational efficiency.
Intellicheck, Inc. (Nasdaq: IDN) reported its financial results for Q4 and the full year ending December 31, 2020. Total revenue grew 6% to $3.08 million in Q4, with SaaS revenue increasing 18%. For the fiscal year, total revenue rose 40% to $10.74 million, while SaaS revenue saw a significant 54% growth. Net income improved to $558,000, marking a turnaround from a loss of $2.55 million in 2019. Gross profit margin was strong at 92.6% for Q4. With cash totaling $13.1 million, Intellicheck is well-positioned to leverage increasing demand for identity verification solutions amid growing concerns over identity theft.
Intellicheck (Nasdaq: IDN) is set to report its financial results on March 16, 2021, covering the fourth quarter and full year ending December 31, 2020. An earnings conference call will be held that day at 4:30 p.m. ET to discuss the operating results. A replay of the call will be available shortly after the live event until March 30, 2021. Intellicheck specializes in real-time identification verification solutions, helping clients enhance revenues and operational efficiency while combating identity theft and fraud.
Intellicheck (Nasdaq: IDN) highlights the surging threat of identity theft during the critical holiday shopping season, amid a 300% increase in reported cybercrimes since the pandemic began. CEO Bryan Lewis warns that financial losses from identity fraud have severe repercussions, including customer abandonment and damaged brand reputation. In 2019 alone, identity theft losses reached $16.9 billion. Lewis advocates for immediate fintech changes to combat rising fraud risks, emphasizing the necessity for reliable identity verification solutions. Intellicheck's technology boasts a 99% effectiveness rate in preventing fraud.
Intellicheck (Nasdaq: IDN) announced that CEO Bryan Lewis and COO Bill White will present at Tribe Public's webinar on November 24, 2020, at 8:30 a.m. PDT. The event, focused on combating identity theft, will feature their presentation titled Stopping Identity Fraud in Its Tracks, followed by a Q&A session. This informative session aims to enhance awareness about identity authentication solutions that Intellicheck provides to various sectors, including banking and law enforcement.
Intellicheck, Inc. (Nasdaq: IDN) reported a 40% increase in Q3 2020 revenue, reaching $2.7 million compared to $1.9 million in Q3 2019. SaaS revenue grew by 57% to $2.45 million. The company achieved a net income of $32,000, reversing a loss of $568,000 in the previous year. Gross profit margin improved to 89.1%, up from 86.6%. Cash reserves increased to $12.8 million. CEO Bryan Lewis expressed optimism regarding future market opportunities despite ongoing pandemic challenges.
Intellicheck, Inc. (Nasdaq: IDN) has appointed Michael Ehlers as the new Vice President of Sales. He will focus on enhancing the sales force, acquiring new clients, and improving client retention. CEO Bryan Lewis praised Ehlers for his proven leadership and team-building experience, indicating that his skills are essential for the company’s growth and shareholder value enhancement.
Prior to this role, Ehlers built high-performing teams in fintech and software, previously leading Ehlers Recruiting Partners and holding advisory roles in technology firms.
Intellicheck, Inc. (Nasdaq: IDN) will report its financial results for Q3 2020 on November 4, 2020, after U.S. markets close. An earnings conference call is scheduled for the same day at 4:30 p.m. ET. Investors can call 877-407-8037 to participate. A replay will be available post-call until November 18, 2020. Intellicheck specializes in identity authentication and verification, focusing on preventing fraud. The company partners with banks, retailers, and government agencies to enhance security measures.
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