Mar. 19 at 8:25 PM
$IDN
Intellicheck reported record Q2 2025 financial results, with total revenue growing 10% to
$5.12 million compared to
$4.67 million in Q2 2024.
SaaS revenue increased 10% to
$5.08 million. The company maintained a strong gross profit margin of 90%.
Despite revenue growth, IDN reported a net loss of (
$251,000) or (
$0.01) per share, compared to a loss of (
$127,000) in Q2 2024.
However, the company achieved positive Adjusted EBITDA of
$75,000, improving by
$145,000 from a loss of (
$70,000) in the prior year.
Operating expenses increased 10% to
$4.9 million.
The company ended Q2 2025 with
$8.6 million in cash and cash equivalents and total stockholders' equity of
$18.0 million. Intellicheck secured multiple multiyear agreements with prominent financial services clients, highlighting its identity verification technology's 99.975% decisioning success rate.
