Identity Management was authID’s largest revenue line in fiscal 2021, bringing in $1.93M of $2.29M (84%).
| Legal Entity | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 |
|---|---|---|---|---|---|---|---|
| Identity Management | $3.35M | $2.09M | $1.79M | $1.93M | |||
| Payment Processing | $476.23K | $455.48K | $349.37K | $360.75K | |||
| Total | $3.83M | $2.55M | $2.14M | $2.29M |
authID brought in $2.29M from its two revenue lines in fiscal 2021, the year ended December 31, 2021. That was up 7.1% from $2.14M in fiscal 2020. Identity Management was the largest at $1.93M (84.3%), ahead of Payment Processing at $360.75K (15.7%).
Compared with fiscal 2020, Identity Management grew 7.8% to $1.93M and Payment Processing grew 3.3% to $360.75K. From fiscal 2018 to 2021, combined revenue from these revenue lines fell from $3.83M to $2.29M, a compound annual decline of 15.7%. Identity Management's share of the total fell from 87.6% to 84.3%.
Verified Software License was authID’s largest product and service line in fiscal 2023, bringing in $186.17K of $190.29K (98%).
| Product and Service | FY 2022 | FY 2023 |
|---|---|---|
| Legacy Authentication Services | $370.77K | $4.12K |
| Verified Software License | $156.65K | $186.17K |
| Total | $527.42K | $190.29K |
authID brought in $190.29K from its two product and service lines in fiscal 2023, the year ended December 31, 2023. That was down 63.9% from $527.42K in fiscal 2022. Verified Software License was the largest at $186.17K (97.8%), ahead of Legacy Authentication Services at $4.12K (2.2%).
Compared with fiscal 2022, Verified Software License grew 18.8% to $186.17K, while Legacy Authentication Services fell 98.9% to $4.12K.
Africa was authID’s largest region in fiscal 2021, bringing in $1.32M of $2.29M (57%).
| Geography | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 |
|---|---|---|---|---|---|---|---|
| Africa | $1.41M | $1.45M | $1.18M | $1.32M | |||
| North America | $1.94M | $642.31K | $612.27K | $613.52K | |||
| South America | $476.23K | $455.48K | $349.37K | $360.75K | |||
| Total | $3.83M | $2.55M | $2.14M | $2.29M |
authID brought in $2.29M from its three regions in fiscal 2021, the year ended December 31, 2021. That was up 7.1% from $2.14M in fiscal 2020. Africa was the largest at $1.32M (57.5%), ahead of North America at $613.52K (26.8%) and South America at $360.75K (15.7%).
Compared with fiscal 2020, Africa grew fastest, up 11.8% to $1.32M. Every region above 2% of revenue grew. From fiscal 2018 to 2021, combined revenue from these regions fell from $3.83M to $2.29M, a compound annual decline of 15.7%. Africa's share of the total rose from 36.8% to 57.5%.
authID (AUID) reports its revenue by legal entity, by product and service and by geography. In fiscal 2021, Identity Management was its largest revenue line, bringing in $1.93M (84.3% of the total), followed by Payment Processing at $360.75K (15.7%).
Identity Management was authID's largest revenue line in fiscal 2021, bringing in $1.93M, or 84.3% of the $2.29M total across its two revenue lines.
Verified Software License was authID's largest product and service line in fiscal 2023, bringing in $186.17K, or 97.8% of the $190.29K total across its two product and service lines.
Africa was authID's largest region in fiscal 2021, bringing in $1.32M, or 57.5% of the $2.29M total across its three regions.
Identity Management grew faster than Payment Processing in fiscal 2021, up 7.8% from $1.79M to $1.93M. Payment Processing grew 3.3% to $360.75K.
Every figure comes from authID's annual financial filings, as reported. Each line keeps the name authID gives it, and years follow its fiscal calendar.
authID's revenue by legal entity goes back to fiscal 2015, with figures through fiscal 2021. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.