INTERIM REPORT FOR THE PERIOD JANUARY TO
FIRST QUARTER
- Net sales totaled
SEK 21.7 (19.2) million. - EBITDA totaled
SEK 3.1 (–0.6) million. - The operating profit/loss for the quarter totaled SEK –2.8 (–6.9) million.
- Earnings for the period totaled SEK –3.0 (–6.9) million.
- Earnings per share totaled SEK –0.0 (–0.2).
- Cash flow from operations totaled SEK –2.8 (–5.3) million.
- Cash and cash equivalents totaled
SEK 41.1 (34.4) million. - ARR (Annual Recurring Revenue) at the end of the period was
SEK 18.3 (17.3) million.
SIGNIFICANT EVENTS DURING THE QUARTER
- Signed commercial agreement with Korean sensor manufacturer LaserSemicon (formerly CanvasBio)
- Launched palm recognition – a new addition to the company’s product portfolio
- Showcased the biometric security solutions of the future at the Confederation of Swedish Enterprise’s Företagardagarna 2024 event
- Strengthened position in Benelux through local sales team
SIGNIFICANT EVENTS AFTER THE QUARTER
- Extended partnership with
Flowscape Technology and signed new customer agreement - Demonstrated biometric recognition solutions at ISC West and
Embedded World
PRESENTATION AND Q&A
The video is designed to complement the report and provide additional depth and better understanding on the stock market for the company’s business operations.
The company also invites you to a live Q&A with Joakim Nydemark that starts at
To take part in the Q&A session, access it via the interactive video player on the Investor Relations page here:
https://precisebiometrics.com/investors/
Questions can be asked directly in the chat function in the interactive player or submitted in advance to investor@precisebiometrics.com.
The video is in Swedish with English subtitles and the Q&A will be held in English.
JOAKIM NYDEMARK, CEO, COMMENTS:
“I am pleased that the positive trend from Q4 continued during Q1, with an increase in net sales to
In addition to a strong focus on customers and intensive marketing within our two business areas, we have continued to work on streamlining our processes in order to further accelerate our progress towards profitable growth.
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