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Identitii Ltd.
(Sydney:ID8)
Identitii Ltd. (ID8) vs. S&P 500 (SPY)
Identitii Ltd. Business Overview & Revenue Model
Identitii Ltd. Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 730.53K | 748.29K | 1.36M | 1.46M | 1.36M | 941.59K | Gross Profit |
| -944.24K | 748.29K | -816.57K | -1.65M | -1.33M | -1.97M | EBIT |
| -4.76M | -5.18M | -7.06M | -7.82M | -7.05M | -8.12M | EBITDA |
| -4.71M | -4.33M | -5.52M | -5.80M | -5.81M | -7.01M | Net Income Common Stockholders |
| -4.00M | -3.54M | -6.00M | -4.83M | -5.83M | -7.07M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 2.10M | 643.76K | 1.29M | 5.07M | 4.49M | 1.41M | Total Assets |
| 5.29M | 3.08M | 4.46M | 8.82M | 5.96M | 3.36M | Total Debt |
| 888.82K | 888.82K | 980.00K | 33.04K | 33.04K | 1.32M | Net Debt |
| -1.21M | 245.05K | -307.00K | -5.04M | -4.46M | -87.56K | Total Liabilities |
| 2.08M | 1.90M | 2.13M | 1.39M | 958.70K | 2.30M | Stockholders Equity |
| 3.21M | 1.18M | 2.32M | 7.43M | 4.64M | 1.06M |
| Cash Flow | Free Cash Flow | ||||
| -4.54M | -3.73M | -5.27M | -6.08M | -4.80M | -4.77M | Operating Cash Flow |
| -4.54M | -3.73M | -5.20M | -6.01M | -4.76M | -4.69M | Investing Cash Flow |
| 0.00 | 999.98K | 12.39K | -567.45K | -45.14K | -66.05K | Financing Cash Flow |
| 4.63M | 2.00M | 1.36M | 7.06M | 7.89M | 2.05M |
Identitii Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $7.19B | 622.77 | 3.12% | ― | 27.32% | ― | |
60 Neutral | $11.62B | 10.48 | -7.27% | 2.93% | 7.46% | -10.64% | |
51 Neutral | $368.73M | 31.54 | 7.22% | ― | -27.00% | ― | |
44 Neutral | AU$33.12M | ― | -31.58% | ― | 22.29% | 64.62% | |
40 Underperform | $470.95M | ― | -133.28% | ― | 72.47% | 20.08% | |
38 Underperform | AU$6.22M | ― | -126.89% | ― | -19.29% | 41.67% |
Identitii Ltd. Corporate Events
Identitii Ltd. announced significant progress in its quarterly activity report, highlighting a new agreement with Cherry Hub to service over 600 hospitality venues, clubs, and hotels, which is expected to generate revenue in the latter half of the year. The company also signed three proof-of-concept agreements with major Australian payments companies, aiming to demonstrate the BNDRY platform’s ability to reduce compliance costs and complexity. Additionally, Identitii is seeing increased interest from ‘Tranche 2 entities’ that will soon need to comply with the AML/CTF Act, positioning the company for growth in this emerging market.
Identitii Ltd. has appointed financial crime expert Tim Phillipps as Executive Chair, a move expected to strengthen the company’s operations and governance. Phillipps, with extensive experience in financial crime prevention and regulatory frameworks, will play a crucial role in helping Identitii expand its services to non-bank regulated businesses, particularly in aiding Australian hospitality venues in meeting their AML/CTF obligations. His appointment is anticipated to enhance Identitii’s market position and provide significant value to its stakeholders.
Identitii Ltd. announced the issuance of 5,000,000 unquoted equity securities, specifically options exercisable at $0.03 and expiring on April 8, 2027. This move is part of previously announced transactions and reflects the company’s strategic efforts to strengthen its financial position and enhance shareholder value.
Identitii Ltd. has announced the issuance of 56,250,003 unquoted equity securities in the form of options, exercisable at $0.03 and expiring on April 8, 2027. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, potentially impacting the company’s capital structure and providing opportunities for stakeholders involved in these transactions.
Identitii Ltd. has announced the quotation of 3,800,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code ID8. This move is part of the company’s strategic efforts to strengthen its market position and enhance its financial flexibility, potentially impacting its operations and offering new opportunities for stakeholders.
Identitii Ltd. has announced a collaboration with Cherry Hub to deliver a tailored AML/CTF solution for Australia’s hospitality and gaming sector. This partnership aims to simplify compliance for over 600 venues by integrating Identitii’s BNDRY platform with Cherry Hub’s existing systems, reducing costs and complexity. This initiative comes at a crucial time as AUSTRAC increases its focus on these industries, and it also positions the solution to potentially serve over 100,000 additional entities in the future, including real estate agents and law firms.
Identitii Limited announced that all resolutions proposed at their General Meeting were successfully passed by a poll. This outcome reflects shareholder support for the company’s strategic initiatives, potentially strengthening its position in the fintech sector by enabling further advancements in its data-sharing platform.
Identitii Limited has announced a General Meeting scheduled for March 31, 2025, where shareholders will vote on the ratification of prior share issues. The resolutions seek approval for the issuance of a total of 112,500,000 shares to clients of SP Corporate Advisory Pty Ltd, which were part of a capital raise in November 2024. This move is significant for Identitii as it reflects the company’s efforts to strengthen its financial position and expand its market presence, potentially impacting its stakeholders positively.
Identitii Ltd. reported a 4% decrease in revenue for the half-year ending December 31, 2024, compared to the previous year, alongside a 30% increase in losses after tax. No dividends were proposed for this period, and the net tangible asset backing per ordinary security decreased from 0.72 cents to 0.41 cents. This financial performance indicates challenges in maintaining revenue growth and profitability, potentially impacting the company’s market positioning and stakeholder confidence.
Identitii Ltd. has announced a proposed issue of 5,000,000 unlisted options, exercisable at 3 cents and expiring two years from the issue date, as part of a broader placement strategy. This move, set for March 27, 2025, is likely aimed at raising capital to support the company’s growth initiatives and strengthen its position in the fintech market, potentially impacting its stakeholders by enhancing its operational capabilities and market reach.