5-Year Revenue Forecast
Three institutional revenue streams - payment integrity fees, BID API, and enterprise subscriptions - driving $10M (2026) to $331.8M (2030). ~82% gross margin with EBITDA turning positive in 2027.
Every revenue stream maps to one or more settlement integrity pillars - aligning infrastructure value with monetization.
Framework link: Each revenue bucket traces to quantified institutional pain. See the Settlement Integrity Framework for the full five-pillar breakdown.
*Token/strategic revenue documented at getjil.com. <3% of cumulative 5-year thesis.
First enterprise clients
Recurring revenue ramps
Payment integrity volume accelerates
BID API fees surge
BID API at scale
Over 5 years: $530.4M in total revenue across three institutional streams plus token/strategic*. Enterprise subscriptions lead at $213.9M (40%), followed by payment integrity fees at $169.5M (32%), BID API at $131M (25%), and token/strategic at $16M (3%). Revenue mix shifts from token-weighted (2026) to enterprise-dominant (2030) as the platform matures. *Token/strategic revenue documented at getjil.com.
| Scenario | 2026 | 2027 | 2028 | 2029 | 2030 | 5-Yr Total |
|---|---|---|---|---|---|---|
| Low (60%) Conservative adoption |
$6M | $5.3M | $25.7M | $82.1M | $199.1M | $318.2M |
| Base Expected trajectory |
$10M | $8.9M | $42.9M | $136.8M | $331.8M | $530.4M |
| High (150%) Accelerated enterprise |
$15M | $13.4M | $64.4M | $205.2M | $497.7M | $795.7M |
Low scenario (60% of base): assumes slower enterprise sales cycles, delayed retail adoption, and conservative per-event volume. High scenario (150% of base): assumes accelerated enterprise adoption driven by regulatory tailwinds, faster retail onboarding, and higher per-event transaction volumes from institutional clients.
EBITDA margin expands from -20% in 2026 (investment phase with team buildout and infrastructure spend) to 52% by 2030 as enterprise subscription revenue scales with largely fixed infrastructure costs. The ~82% gross margin provides strong operating leverage - each incremental dollar of revenue drops significant margin to the bottom line.
Token sales and strategic placements documented at getjil.com. Dominant in 2026 ($5M, 50% of revenue) as the primary launch funding mechanism, then declining to $1M in 2027 as recurring revenue takes over. Residual strategic placements of $2-5M annually from 2028-2030. <3% of cumulative 5-year thesis. Token economics at getjil.com.
Per-settlement-event verification fees across all institutional corridors. Grows from $3M (2026) to $96M (2030) as institutional settlement volume scales. 35-90 basis points per settlement event, negotiated by attestation scope, corridor, and monthly volume. $1 minimum floor per event. 100% to JIL operations.
Historical payment file reconstruction through the same verification engine. Starting at 5 basis points per record, scope and volume priced per engagement; an Outcome-Indexed alternative bills 2-5 bps per attested record. 100 million records in 10 to 20 minutes. Post-quantum cryptographically sealed findings - suitable for regulatory referral, court proceedings, and False Claims Act filings. JIL never takes contingency on recovered funds — the client uses the sealed evidence to pursue recovery through their own counsel, SIU, or regulator referral.
Full-stack identity verification API - 12 endpoints covering beneficiary binding, phone, email, address, personal identity, and company checks. Banks pay $0.12-$0.50 per check blended, tiered by engagement. BID is the entry point that gets banks onto JIL before they adopt full settlement infrastructure. Identity check suite (phone/email/address at $0.03-$0.10, person at $0.20-$0.75, company at $1.50-$5.00) drives higher revenue per client than binding verification alone. Projected ramp: $0.5M (2026), $3M (2027), $12M (2028), $28M (2029), $45M (2030). 96% gross margin on commodity checks (phone/email/address), 85% on person checks, 70% on company checks. Learn more about BID