Trident Digital Tech Holdings Ltd (TDTH) AI Stock Analysis
TDTH AI stock analysis summary
AI ResearchTrident Digital Tech Holdings Ltd (TDTH) is a Singapore-based provider of IT customization services and blockchain solutions. Annual revenue fell from $1.5M in FY2023 to $123,291 in FY2025, contributing to a net loss of -$17.4M. The company ended the quarter on March 31, 2026, with cash and short-term investments of $150,334 against total debt of $8.3M.
- Market cap
- $87.9M
- Revenue (TTM)
- $160,925
- P/E
- —
- 1Y return
- -96.5% S&P 500 16.8%
- Avg. target
- —
Bull case
- Quarterly revenue grew 43.6% year-over-year for the period ending March 31, 2026.
- Annual revenue previously expanded by 92.2% in FY2022 to reach $1.3M.
- The company expanded its technological investment by directing $1.2M toward R&D expense in FY2025.
Bear case
- Annual revenue fell 73.5% in FY2025 to $123,291, culminating in a 4-year revenue CAGR of -34.2%.
- The company recorded a substantial net loss of -$17.4M in FY2025 with an operating margin of -11994.8%.
- Balance sheet liquidity is constrained, with cash and short-term investments of $150,334 against total debt of $8.3M and a current ratio of 0.14.
What Trident Digital Tech does
Trident Digital Tech Holdings Ltd provides IT customization services in Singapore, serving small and medium enterprises. The company's flagship product is Tridentity, an innovative blockchain-based identity solution designed to provide secure single sign-on authentication capabilities to integrated third-party systems across various industries. It also operates a Web 3.0 e-commerce platform for transactions between customers and merchants. Additionally, the company designs, develops, and implements software solutions, including IT consulting, system architecture design, software customization, training and maintenance support, and subscription-based management software solutions.
Growth and profitability
Trident Digital Tech Holdings Ltd reported revenue of $657,092 in FY2021, which grew 92.2% to $1.3M in FY2022 and 17.4% to $1.5M in FY2023. Revenue subsequently dropped 68.6% to $465,435 in FY2024 and declined 73.5% to $123,291 in FY2025, yielding a 4-year revenue CAGR of -34.2%. Over that span, net income moved from $29,967 in FY2021 to -$1.1M in FY2022, -$4.8M in FY2023, -$8.1M in FY2024, and -$17.4M in FY2025, with gross margin reaching -250.4%. For the trailing twelve months ending March 31, 2026, revenue stood at $160,925, while quarterly revenue growth was 43.6% year-over-year.
Balance sheet and cash flow
As of March 31, 2026, Trident Digital Tech Holdings Ltd held cash and short-term investments of $150,334 against total debt of $8.3M, resulting in net debt of $8.1M. Total assets stood at $5.3M, and shareholders' equity was -$6.8M, reflecting negative equity alongside a current ratio of 0.14. In FY2025, operating cash flow was -$9.7M, free cash flow was -$9.8M, and capital expenditures were $92,629, while R&D expense reached $1.2M.
Valuation and performance
At a market capitalization of $87.9M and an enterprise value of $119.1M, Trident Digital Tech Holdings Ltd trades at a price-to-sales multiple of 546.1x and an EV-to-revenue multiple of 740.4x. These levels compare to a median price-to-sales multiple of 2.8x for its US-listed Technology peers. Its price-to-book ratio is 78.0x. Over the past year, the stock fell 96.5% and returned -91.1% year-to-date, trailing the S&P 500 return of 16.8% over one year, and closed at $0.81 on October 16, 2026.
What analysts expect
Trident Digital Tech Holdings Ltd currently has no published analyst ratings, consensus price targets, or forward earnings estimates. The company has no scheduled next earnings date or recorded earnings surprise history available. With institutional ownership at 0.0% and insider ownership at 0.8%, sell-side coverage remains absent following its 2024 initial public offering. On October 16, 2026, the stock closed at $0.81, trading 80.5% below its 200-day moving average and well under its 52-week high of $63.00.
Key risks and what to watch
- The company carries negative equity with shareholders' equity of -$6.8M as of March 31, 2026.
- Operating cash flow was -$9.7M and free cash flow was -$9.8M in FY2025, indicating rapid cash burn.
- The stock experienced severe price volatility, dropping 96.5% over the past year from a 52-week high of $63.00 to $0.81.
- Valuation multiples remain elevated relative to operations, with price-to-sales at 546.1x compared to the US-listed Technology peer median of 2.8x.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this TDTH AI stock analysis
This page is an AI-written research summary of Trident Digital Tech Holdings Ltd (TDTH). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: TDTH income statement, TDTH balance sheet, TDTH key metrics, TDTH chart. See the TDTH stock overview for the latest quote and news.
TDTH AI stock analysis FAQ
What does Trident Digital Tech Holdings Ltd do?
Trident Digital Tech Holdings Ltd provides IT customization services, system architecture design, and software solutions to small and medium enterprises in Singapore. Its flagship product is Tridentity, a blockchain-based identity authentication solution, alongside a Web 3.0 e-commerce platform.
What was Trident Digital Tech Holdings Ltd's revenue in FY2025?
In FY2025, the company reported annual revenue of $123,291, representing a decline of 73.5% from $465,435 in FY2024. For the trailing twelve months ending March 31, 2026, revenue stood at $160,925.
How much debt does Trident Digital Tech Holdings Ltd have?
As of March 31, 2026, the company held total debt of $8.3M and cash and short-term investments of $150,334, resulting in net debt of $8.1M. Shareholders' equity was negative at -$6.8M, and its current ratio was 0.14.
Does Trident Digital Tech Holdings Ltd pay a dividend?
No, the company does not pay a dividend. In FY2025, it reported a net loss of -$17.4M and negative operating cash flow of -$9.7M.
What are the key valuation multiples for TDTH?
Trident Digital Tech Holdings Ltd trades at a price-to-sales multiple of 546.1x and an EV-to-revenue multiple of 740.4x based on an enterprise value of $119.1M. By comparison, the median price-to-sales multiple for its US-listed Technology peers is 2.8x.