News Tag: English

A Growing Mobile Market

For Precise, a global pioneer in cyber security and biometrics, the company’s important global mobile phone market recovered in 2024, after two years of decline. According to industry data, global smartphone deliveries increased by 6% on the previous year, reaching over 1.2 billion devices in 2024. This recovery was driven by growing demand for phones […]

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Business Area Update Biometric Technologies Q4 2024

This is an excerpt from Precise Biometrics Year-End Report 2024. Please refer to the full report for more details. Biometric TechnologiesThe market for Precise algorithm products remains positive, and the company is experiencing strong momentum. During the period, Precise won new projects, further developed the software and saw new products reach the market. Mobile phone […]

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Business Area Update Digital Identity Q4 2024

This is an excerpt from Precise Biometrics Year-End Report 2024. Please refer to the full report for more details. Digital IdentitySales are increasing in Digital Identity, and Precise sees a growing interest in both access and visitor systems. During the quarter, the company accelerated the commercial agenda and further structured internal processes for the company’s […]

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FIFTH CONSECUTIVE QUARTER OF GROWTH AND POSITIVE EBITDA

Year-end report Jan – Dec 2024 FOURTH QUARTER Net sales totaled SEK 21.8 (20.3) million EBITDA totaled SEK 3.4 (0.6) million Cash flow from operating activities totaled SEK 5.8 (-2.8) million The operating profit/loss (EBIT) totaled SEK -2.1 (-5.4) million Earnings for the period totaled SEK -1.3 (-5.0) million Earnings per share before and after […]

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Västra Hamnen Corporate Finance initiates coverage of Precise Biometrics

Västra Hamnen Corporate Finance (Västra Hamnen), an independent securities firm specializing in financial advisory services, will initiate coverage of Precise Biometrics (Precise), a pioneer in biometrics and cybersecurity. The initial analysis of Precise Biometrics will be published in the second half of February, shortly after the company’s fourth-quarter earnings report. As part of the coverage, […]

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Xiaomi introduces new smart safe powered by Precise Biometrics

Precise Biometrics, a global pioneer in biometrics and cybersecurity solutions, is pleased to announce that its advanced biometric fingerprint authentication technology has been integrated into the Mijia Smart Safe Box 30cm. Xiaomi, a renowned consumer electronics company, has launched this innovative smart safe, which leverages multiple unlocking methods, including Precise Biometrics’ fingerprint authentication algorithm. The […]

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Precise Biometrics launches new functionality for its visitor management system YOUNiQ Visit

Precise Biometrics, a pioneer in cybersecurity and biometrics, is introducing new key features for its visitor management system YOUNiQ Visit by EastCoast. The new features include self-check-in, package delivery, and enhanced integration capabilities. The demands placed on visitor management systems today are increasing as visitor management becomes more complex. Modern systems must meet requirements for […]

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