Orchestration Layer
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Trust Stamp filed its 10-K for the year ending December 31, 2025 reflecting strong growth in customer enrollments and user completions with a 33.6% year-on-year decrease in Comprehensive Operating Loss
Globenewswire· 2026-03-31 20:10
Core Insights - Trust Stamp has onboarded 100 financial institutions with over $350 billion in assets through FIS, increasing the total number of customers to 114 [1] - Transaction starts for FIS-related institutions rose by 247% year-over-year, while customer completion rates increased by over 30% [1] Financial Performance - Net recognized revenue for the year ended December 31, 2025, was $3.14 million, a 2% increase from $3.08 million in 2024, primarily due to an amendment in a contract with an S&P 500 bank [5] - Total operating expenses decreased by 13% to $10.80 million in 2025 from $12.45 million in 2024 [5] - Comprehensive loss for 2025 was $8.33 million, a 31.8% reduction from $12.5 million in 2024, with basic and diluted net loss per share at $2.67 compared to $11.36 in 2024 [5] - Cash and cash equivalents as of December 31, 2025, were $6.04 million, contributing to total current assets of $7.48 million [5] - Total liabilities decreased to $2.35 million as of December 31, 2025, from $5.41 million in 2024, reflecting the repayment of secured borrowing [5] - Shareholder equity increased by 188% to $8.73 million as of December 31, 2025, from $3.03 million in 2024 [5] Company Overview - Trust Stamp is a global provider of AI-powered services across various sectors, including banking, finance, and healthcare, focusing on reducing fraud and enhancing operational efficiency [2] - The company operates with a diverse team from 22 nationalities across eight countries [3]
Trust Stamp Reaches 100 Financial Institution Customers and Reports Accelerating Transaction Volume
Globenewswire· 2025-09-25 12:30
Core Insights - Trust Stamp has achieved significant commercial milestones, including reaching 100 financial institutions on its low-code Orchestration Layer and renewing a long-term contract with a Fortune 500 financial services customer, ensuring a minimum gross revenue of over $12.7 million through May 2031 [1][2] Group 1: Commercial Growth - The company has seen accelerating adoption and increased transactional volume, particularly after a major bank implementation that drove a 95.3% increase in monthly transaction volume from June to August 2025 [2] - Trust Stamp's Orchestration Layer is expanding within the banking sector, with 94 out of 100 financial institution customers being banks that collectively hold over $500 billion in assets [2] - The company has also partnered with one of the three largest life insurance providers in the U.S., resulting in a 306.2% increase in transaction volume from June to August 2025 [2] Group 2: Strategic Partnerships - The long-term contract extension with a foundational Fortune 500 partner validates Trust Stamp's technology and collaborative approach, securing a predictable revenue stream through the end of the decade [2] - The partnership underscores Trust Stamp's critical role in the operations of leading financial institutions [2] Group 3: Technology and Services - Trust Stamp provides AI-powered identity services that include a cryptographic token for secure, privacy-preserving identity verification [3] - The company's low-code Orchestration Layer facilitates the development and deployment of custom identity and risk scoring solutions across various sectors [3][5]