Precise Biometrics ABOMXSTO: PREC

From merger to execution and commercial progress

· Issued by Precise Biometrics AB

Summary by 6ix AI

Precise Biometrics, a Swedish company providing biometric access and identity solutions, reported net sales of SEK 24.6 million for the third quarter of 2026, compared with SEK 20.0 million in the comparison period, and earnings of SEK -32.2 million, compared with SEK -0.7 million.

Key details

  • Third-quarter 2026 EBITDA (earnings before interest, taxes, depreciation and amortization) was SEK -26.3 million (4.4), including one-off items of SEK -16.8 million for transaction costs tied to the merger with FPC and restructuring costs. Adjusted EBITDA was SEK -9.5 million (4.4).
  • Third-quarter 2026 earnings per share were SEK -0.16 (-0.01) and cash flow from operations was SEK -40.9 million (1.7). Annual Recurring Revenue (yearly recurring revenue) at the end of the period was SEK 19.2 million (18.4).
  • For January to September 2026, net sales were SEK 56.4 million (60.8) and earnings were SEK -48.2 million (-13.6), or SEK -0.39 (-0.15) per share.
  • The merger with Fingerprint Cards was completed on July 20, 2026, and a rights issue on August 13, 2026 provided approximately SEK 100 million before issue costs.
  • On October 15, 2026, Precise received two new orders with a total value of approximately SEK 15 million. In the quarter, PamirAI chose FPC AllKey Pro for its AI Agent Computer, and a distribution partnership with AqTronics covering India and Vietnam began.

What’s still pending

  • Revenue from the two orders worth approximately SEK 15 million is expected in 2027.

6ix AI wrote this summary from the release below and checked it against the release.

English Swedish Published: 2026-11-13 08:00:00 CET Precise Biometrics AB - Interim report (Q1 and Q3) From merger to execution and commercial progress

Financial report Q3 2026, Jan - Sept 2026

Third quarter

  • Net sales totaled SEK 24.6 (20.0) million
  • EBITDA totaled SEK -26.3 (4.4) million
  • One-off items totaled SEK -16.8 (0) million and relate to transaction costs in connection with the merger with FPC and restructuring costs
  • Adjusted EBITDA totaled SEK -9.5 (4.4) million
  • The operating profit/loss (EBIT) totaled SEK -32.0 (-0.6) million
  • Adjusted operating profit/loss (EBIT) totaled SEK -15.2 (-0.6) million
  • Earnings for the period totaled SEK -32.2 (-0.7) million
  • Earnings per share before and after dilution totaled SEK -0.16 (-0.01)
  • Cash flow from operations totaled SEK -40.9 (1.7) million
  • ARR (Annual Recurring Revenue) at the end of the period was SEK 19.2 (18.4) million

Interim period Jan - Sept

  • Net sales totaled SEK 56.4 (60.8) million
  • EBITDA totaled SEK -34.2 (2.1) million
  • One-off items totaled SEK -20.6 (0) million and relate to transaction costs in connection with the merger with FPC and restructuring costs
  • Adjusted EBITDA totaled SEK -13.6 (2.1) million
  • The operating profit/loss (EBIT) totaled SEK -48.7 (-13.4) million
  • Adjusted operating profit/loss (EBIT) totaled SEK -28.1 (-13.4) million
  • Earnings for the period totaled SEK -48.2 (-13.6) million
  • Earnings per share before and after dilution totaled SEK -0.39 (-0.15)
  • Cash flow from operations totaled SEK -33.6 (5.1) million
  • ARR (Annual Recurring Revenue) at the end of the period was SEK 19.2 (18.4) million

Significant events during the quarter

  • Jul 20, 2026: The merger with Fingerprint Cards was completed, laying the foundations for a stronger, more competitive Precise, with a broader offering and better conditions for profitable growth.
  • Aug 13, 2026: The rights issue provided the company with approximately SEK 100 million before issue costs and strengthened the financial conditions for integration, realization of cost synergies and commercial development.
  • Sep 3, 2026: PamirAI chose FPC AllKey Pro for its new AI Agent Computer, confirming the technology's competitiveness and opening up opportunities in new areas of application.
  • Sep 11, 2026: A new distribution partnership with AqTronics strengthened Precise's commercial presence in India and Vietnam and created new opportunities to reach customers in two important growth markets.
  • Sep 15, 2026: The continued collaboration with IOTRUST on the next generation of D'CENT crypto wallets confirmed Precise's strong position in the field of secure biometric authentication.
  • Sep 29, 2026: Corporate management was strengthened with a clearer commercial and product-oriented organization to accelerate integration and drive the company's continued development.

Significant events after the end of the interim period

  • Oct 1, 2026: Precise Visit was expanded with integrated queue management, which broadened the offering in visitor management and boosted opportunities to meet customers' needs for efficient and secure visitor flows.
  • Oct 15, 2026: Precise received two new orders to a total value of approximately SEK 15 million, with revenue expected in 2027. The deals confirmed the competitiveness of the company's offering and strengthened the conditions for continued growth in secure biometric authentication.

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

"We have made significant progress with the integration, strengthened our commercial organization, and are already seeing tangible results through new business expected to generate revenue in 2027. The results for the quarter reflect the costs we need to incur to complete the integration, realize cost synergies, and build a stronger company. We are fully focused on building a company with a stronger offering in biometric security, access, and identity, creating greater customer value, new business opportunities, and a stronger position higher up the value chain."

About Precise Biometrics

Precise Biometrics AB (publ) ("Precise") is a Swedish-rooted global leader in biometrics, providing trusted access and identity solutions that securely verify and identify people across physical and digital environments.

Guided by our vision of making everyday life safer and more seamless in a world where YOU are the key, we combine biometric hardware systems, algorithms, cloud solutions, and decades of domain expertise to help protect identities, places, devices, data, and digital services against fraud, identity threats, and unauthorized access. Applications range from mobile phones and consumer electronics to physical and logical enterprise access, visitor management, and government identity programs, powering hundreds of millions of devices and authentications every day.

Precise has a strong global presence with local teams across Europe, North America, and Asia. The company is headquartered in Lund, Sweden, and is listed on Nasdaq Stockholm (PREC).

For further information, please contact

Joakim Nydemark, CEO
E-mail: joakim.nydemark@precisebiometrics.com

This information is information that Precise Biometrics is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-11-13 08:00 CET.

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