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**Company Information**
**Name:** Badge 8K, Inc.
**Symbol:** BADG
**Exchange:** Nasdaq
**Industry:** Software
**Business Overview**
Badge 8K is a provider of cloud-based enterprise identity management and access control solutions. Its platform enables organizations to securely manage user identities, access rights, and compliance across multiple applications and systems.
**Key Financials**
**Earnings:**
* Q3 2022: Revenue of $22.5 million, up 27% YoY
* Q3 2022: Net loss of $1.5 million, compared to a net income of $0.2 million in Q3 2021
**Growth:**
* Annual Recurring Revenue (ARR) grew 27% YoY to $78.7 million as of September 30, 2022
* Customer count increased by 17% YoY to 1,137 as of September 30, 2022
**Other Key Metrics:**
* Gross margin: 75%
* Customer retention rate: 97%
* Average contract value: $115,000
**Valuation**
As of March 8, 2023, Badge 8K has a market capitalization of approximately $1.2 billion. Its stock price is trading at around $10.50 per share.
**Analysts' Outlook**
Analysts are generally bullish on Badge 8K, citing its strong growth prospects and leadership position in the enterprise identity management market. The consensus price target for BADG is $15.00 per share, implying a potential upside of over 40%.
**Risks**
* Competition from larger players in the identity management market
* Dependence on a limited number of large customers
* Regulatory changes that could impact the company's business model