Merger completed – a stronger Precise is taking shape

Summary by AI BETAClose X

Precise Biometrics reported a second quarter with net sales of SEK 14.7 million, down from SEK 20.8 million in the prior year, and an operating loss of SEK -10.8 million compared to SEK -5.7 million. For the interim period, net sales were SEK 31.8 million, a decrease from SEK 40.8 million, with an operating loss of SEK -16.7 million versus SEK -12.8 million. One-off merger transaction costs amounted to SEK 1.8 million in the quarter and SEK 3.8 million year-to-date. Despite these financial results, Annual Recurring Revenue (ARR) grew to SEK 19.1 million, and cash flow from operations improved to SEK 3.3 million for the quarter and SEK 7.2 million for the interim period. Significant events included the completion of the merger with Fingerprint Cards AB in July 2026 and a rights issue of SEK 100 million after the period's end.

Disclaimer*

Financial report Q2 2026, Jan – Jun 2026

The figures in this report do not include FPC, as the merger was completed after the end of the period
Second quarter

  • Net sales totaled SEK 14.7 (20.8) million
  • EBITDA totaled SEK -6.5 (-0.5) million
  • The operating profit/loss (EBIT) totaled SEK -10.8 (-5.7) million
  • One-off items totaled SEK 1.8 (0) million, attributable to transaction costs for the merger with Fingerprint Cards AB
  • Adjusted EBITDA totaled SEK -4.7 (–0.5) million
  • Adjusted operating profit/loss (EBIT) totaled SEK –9.1 (–5.7) million
  • Earnings for the period totaled SEK –10.4 (–5.8) million
  • Earnings per share before and after dilution totaled SEK -0.1 (-0.1)
  • Cash flow from operations totaled SEK 3.3 (1.3) million
  • ARR (Annual Recurring Revenue) at the end of the period was SEK 19.1 (18.2) million

Interim period Jan – Jun

  • Net sales totaled SEK 31.8 (40.8) million
  • EBITDA totaled SEK -7.9 (-2.2) million
  • The operating profit/loss (EBIT) totaled SEK -16.7 (-12.8) million
  • One-off items totaled SEK 3.8 (0) million, attributable to transaction costs for the merger with Fingerprint Cards AB
  • Adjusted EBITDA totaled SEK -4.1 (–2.2) million
  • Adjusted operating profit/loss (EBIT) totaled SEK –12.9 (–12.8) million
  • Earnings for the period totaled SEK –16.0 (–13.0) million
  • Earnings per share before and after dilution totaled SEK -0.2 (-0.2)
  • Cash flow from operations totaled SEK 7.2 (3.4) million
  • ARR (Annual Recurring Revenue) at the end of the period was SEK 19.1 (18.2) million

Significant events during the quarter

Significant events after the end of the interim period

Presentation and live Q&A
Precise has published a video interview with CEO Joakim Nydemark in connection with this report. The video is available on the Investor Relations page: precisebiometrics.com/investors/

The Company will also host a live Q&A on the day of the report. More information and a registration link to the Q&A session may be found on the Investor Relations page: precisebiometrics.com/investors/.

CEO Joakim Nydemark comments
“The completion of the merger with Fingerprint Cards marks the beginning of a new chapter for Precise Biometrics. Our full focus is now on driving the day-to-day business and creating new commercial opportunities, while executing the integration, realizing the identified synergies and building a stronger, more complete company with greater commercial reach. While parts of the mobile market remain challenging in the near term, we continue to see positive development in our strategic growth areas and strong long-term demand for secure biometric identity and access solutions.”

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