Trust Stamp announces that it filed its 2024 FY 10-K after the Nasdaq market closed on March 31st, 2025, highlighted Q4 2024 results including revenue that substantially exceeded recent analysts' forecasts, and gave estimated revenue, expense, and cash-burn guidance for 2025 based on existing contracted revenueAtlanta, GA, April 01, 2025 (GLOBE NEWSWIRE) -- Trust Stamp announces that: It filed its 10-K report for the 2024 Financial Year after the Nasdaq market closed on March 31st, 2025.Q4 2024 Revenue was $1.50m increased from $0.51m for Q3 of 2024 and $0.58m for Q4 of 2023.
Safe Harbor Statement: Caution Concerning Forward-Looking Remarks All statements in this release that are not based on historical fact are "forward-looking statements” including within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The information in this announcement may contain forward-looking statements and information related to, among other things, the company, its business plan and strategy, and its industry.
Cash burn for Q1 of 2025 is estimated at $0.75m with an average burn over the balance of FY 2025 estimated at $0.2m per month based solely on revenue from existing customers that are both contracted and currently revenue-generating.
The story "Trust Stamp files its 2024 10-K and gives forward-looking revenue and expense guidance" has 378 words across 11 sentences, which will take approximately 2 - 4 minutes for the average person to read.
Which news outlet covered this story?
The story "Trust Stamp files its 2024 10-K and gives forward-looking revenue and expense guidance" was covered 1 weeks ago by GlobeNewswire, a news publisher based in China.
How trustworthy is 'GlobeNewswire' news outlet?
GlobeNewswire is a fully independent (privately-owned) news outlet established in 1998 that covers mostly technology news.
The outlet is headquartered in China and publishes an average of 93 news stories per day.
It's most recent story was published 8 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Negative, indicating that people regard this as "bad news".
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
