Precise claims 100K biometrics, cybersecurity uses per second, bright future
Precise claims 100K biometrics, cybersecurity uses per second, bright future
Publish Date: 2026-04-20 13:11:00
Source Domain: www.biometricupdate.com
Precise Biometrics closed what CEO Joakim Nydemark calls “a challenging year” with a positive EBITDA and cashflow.
The company netted 77.8 million Swedish kronor (approximately US$8.5 million) in the last fiscal year, according to its annual report for 2025. EBITDA was SEK0.2 million ($22,000) and cash flow from current operations was SEK1.9 million ($210,000), down from SEK13.4 million ($1.5 million) and SEK10.1 million ($1.1 million) respectively.
Precise says its biometrics and cybersecurity technologies are used 100,000 times a second, year-round. Nydemark says collaboration with vendors like Secugen and organizations like MOSIP, Aadhaar certification and Precise’s planned merger with Fingerprint Cards present a range of growth opportunities.
Article Topics
biometrics | financial results | Precise Biometrics | stocks
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