Precise Biometrics Logo

Precise Biometrics

ISIN: SE0018013849 | Ticker: PREC | LEI: 54930047Z8TEBJTKYX74
Country: Sweden

About Precise Biometrics

Company Description

Precise is a global identification software provider, offering products with a range of applications so you can identify yourself in a convenient and secure way. Access many of your everyday applications by using your unique human characteristics as your own personal key. The company offers products with various applications that enable individuals to identify themselves in a convenient and secure way by using their own unique human characteristics.

Precise has two product areas; Digital Identity and Algo, and operates from its offices in Lund, Sweden, Potsdam NY, USA, and Shanghai, China. Precise is listed on Nasdaq Stockholm (PREC).

Precise is a B2B company that develops and offers innovative identification solutions to corporate customers that improve how end users identify and register themselves. Our products allow users to, through their own biometrics, identify themselves in a convenient and secure way.

Year founded

1997

Served area

Worldwide

Headquarters

Scheelevägen 27, 22363 Lund – Sweden

Financial statements

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Line item in (sek) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Assets N/A 152,953,000.00 241,052,000.00 213,222,000.00
Noncurrent Assets N/A 56,586,000.00 146,946,000.00 147,988,000.00
Property Plant And Equipment N/A 2,217,000.00 4,196,000.00 3,366,000.00
Deferred Tax Assets N/A 0.00 0.00 N/A
Current Assets N/A 96,367,000.00 94,106,000.00 65,234,000.00
Inventories N/A 1,052,000.00 548,000.00 311,000.00
Current Trade Receivables N/A 12,933,000.00 24,027,000.00 11,478,000.00
Current Prepaid Expenses N/A 3,681,000.00 3,506,000.00 3,397,000.00
Other Current Receivables N/A 2,443,000.00 1,923,000.00 3,643,000.00
Cash and cash equivalents N/A 76,258,000.00 64,102,000.00 46,405,000.00
Equity And Liabilities N/A 152,953,000.00 241,052,000.00 213,222,000.00
Equity 126,467,000.00 114,044,000.00 128,053,000.00 146,302,000.00
Issued Capital N/A 10,807,000.00 11,878,000.00 14,253,000.00
Retained Earnings N/A -724,047,000.00 -737,493,000.00 -760,049,000.00
Additional Paidin Capital N/A 823,185,000.00 849,400,000.00 887,564,000.00
Equity Attributable To Owners Of Parent N/A 114,044,000.00 128,053,000.00 146,302,000.00
Noncurrent Liabilities N/A 5,668,000.00 40,463,000.00 25,350,000.00
Deferred Tax Liabilities N/A 0.00 5,615,000.00 4,364,000.00
Other Noncurrent Liabilities N/A 0.00 28,922,000.00 0.00
Current Liabilities N/A 33,241,000.00 72,536,000.00 41,570,000.00
Trade And Other Current Payables To Trade Suppliers N/A 5,678,000.00 10,075,000.00 5,952,000.00
Current Accruals And Current Deferred Income Including Current Contract Liabilities N/A N/A 26,551,000.00 22,147,000.00
Other Current Liabilities N/A 1,190,000.00 34,241,000.00 1,732,000.00
Line item in (sek) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue From Contracts With Customers 92,349,000.00 83,319,000.00 91,018,000.00
Profit Loss From Operating Activities -5,792,000.00 -14,073,000.00 -20,016,000.00
Finance Income 59,000.00 1,216,000.00 439,000.00
Finance Costs 677,000.00 492,000.00 3,892,000.00
Profit Loss Before Tax -6,410,000.00 -13,349,000.00 -23,469,000.00
Income Tax Expense Continuing Operations 5,754,000.00 97,000.00 -1,239,000.00
Profit Loss From Continuing Operations -12,164,000.00 -13,446,000.00 N/A
Profit Loss From Discontinued Operations -75,000.00 0.00 N/A
Profit (loss) -12,239,000.00 -13,446,000.00 -22,230,000.00
Profit Loss Attributable To Owners Of Parent -12,239,000.00 -13,446,000.00 -22,230,000.00
Line item in (sek) 01.01.2021 01.01.2022 01.01.2023
Profit (loss) -12,239,000.00 -13,446,000.00 -22,230,000.00
Adjustments For Decrease Increase In Inventories N/A 504,000.00 237,000.00
Adjustments For Provisions N/A 0.00 0.00
Cash Flows From Used In Operating Activities N/A -1,493,000.00 3,931,000.00
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities N/A 10,676,000.00 38,268,000.00
Purchase Of Property Plant And Equipment Classified As Investing Activities N/A 2,823,000.00 284,000.00
Purchase Of Intangible Assets Classified As Investing Activities N/A 16,759,000.00 21,456,000.00
Cash Flows From Used In Investing Activities N/A -30,258,000.00 -60,008,000.00
Proceeds From Issuing Shares N/A 23,000,000.00 44,319,000.00
Payments To Acquire Or Redeem Entitys Shares N/A 0.00 326,000.00
Payments Of Lease Liabilities Classified As Financing Activities N/A 1,279,000.00 1,900,000.00
Cash Flows From Used In Financing Activities N/A 19,543,000.00 38,313,000.00
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes N/A -12,208,000.00 -17,765,000.00
Effect Of Exchange Rate Changes On Cash And Cash Equivalents N/A 52,000.00 67,000.00
Cash and cash equivalents 76,258,000.00 64,102,000.00 46,405,000.00

Please note that some sums might not add up.

Filings & Publications

2022

Report
Q1
H1
Q3
FY
Consolidated Report
SWE
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

2021

Report
Q1
H1
Q3
FY
Consolidated Report
SWE
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

Insider Trades

Date Trading entity / Person Association Trade type Volume
04.07.23 Torgny Hellström Other Buy SEK 12,325.30

Capital markets information

ISIN

SE0018013849

LEI

54930047Z8TEBJTKYX74

Sector

Information Technology

Industry Group

Technology Hardware & Equipment

Industry

Technology Hardware, Storage Peripherals

Sub-Industry

Technology Hardware, Storage & Peripherals

Listed Stock Exchange

Nasdaq Stockholm

Contact Investor Relations department

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