Intellicheck Reports Q4 and FY 2023 Financial Results

March 22, 2024

DENVER, Colo., Mar 22, 2024 (247marketnews.com)- Intellicheck, Inc. (NASDAQ:IDN) reported, after yesterday’s market close, its financial results for the fourth quarter and full-year 2023.

Total fourth quarter 2023 revenue grew 14%, to $5,176,000 compared to $4,551,000 in the same period of 2022, while total revenue for full year 2023 revenue increased 18% to $18,906,000 compared to $15,966,000 for 2022.

“We anticipate continued growth driven by our expectations from our pipeline and the number of deals anticipated to go live in Q2 and Q3. We believe that we are on the cusp of a number of sizeable revenue generators that will really move the needle in the back half of the year. These include the addition of new retailers with our long standing bank partners, global media companies, auto, title and now crypto currency, our latest vertical. Additionally, we have made important progress in strengthening our organization with the addition of a new CTO, a new leader for our Channel and Technology Alliances, and a new Vice President of Marketing. We remain committed to giving our clients the innovative tools that allow them to onboard more customers quickly and easily while fundamentally eliminating fraud and building value for our shareholders,” said Intellicheck CEO Bryan Lewis.

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