SECOND QUARTER
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Net sales for the remaining operation totaled SEK 20.2 (18.9) million.
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The operating profit for the remaining operation totaled SEK 0.5 (5.3) million.
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Profit after tax for the remaining operation totaled SEK 0.2 (5.3) million.
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Earnings per share for the remaining operation totaled SEK 0.00 (0.02).
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Earnings per share for the total operation totaled SEK 0.00 (0.01).
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Cash flow from total operations totaled SEK -1.3 (7.5) million.
INTERIM PERIOD
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Net sales for the remaining operation during the interim period totaled SEK 36.8 (39.6) million.
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The operating profit/loss for the remaining operation during the interim period totaled SEK -2.2 (12.4) million.
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Profit after tax for the remaining operation totaled SEK -3.2 (12.4) million.
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Earnings per share for the remaining operation totaled SEK -0.01 (0.04).
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Earnings per share for the total operation totaled SEK -0.01 (0.03).
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Cash flow from total operations totaled SEK 15.8 (17.5) million. Cash and cash equivalents for the total operation totaled SEK 115.0 (67.4) million at the end of the interim period.
SIGNIFICANT EVENTS
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An agreement was concluded with German company IDENTOS GmbH, which will take over the Mobile Smart Card Solutions business area as of January 1, 2018.
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A new security suite was launched with industry-leading software for fingerprint recognition with spoof and liveness detection, as well as standalone anti-spoof products and services.
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A licensing agreement was signed with Korean sensor manufacturer Melfas. After the end of the quarter, a licensing agreement was signed with module house O-Film.
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Precise BioMatch™ Mobile was integrated into Qualcomm® Fingerprint Sensors, next-generation ultrasound-based fingerprint solutions from Qualcomm.
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Seven mobile phones and two smart cards were launched with the company's fingerprint software.
FINANCIAL DATA AND KEY INDICATORS
As a consequence of the fact that the Mobile Smart Card Solutions business area has been classified as a business held for sale, previously reported figures have been converted in order to improve comparability. In order to obtain comparable historical data, previously reported figures have only been adjusted for expenses relating directly to the discontinued business area, which will no longer affect the company's remaining operation. The resources that were previously allocated to the Mobile Smart Card Solutions business area will be transferred to the Fingerprint Technology business area before the divestment is completed and have therefore not been included in the divested business. Resources are being reinforced in order to meet the market's demand for increasingly advanced solutions in the field of Fingerprint Technology.
The impact of the discontinued operation on the financial position has not been reported separately, as the company does not believe that it is possible to report the impact of the discontinued operation on cash flow. Cash flow is instead reported from the total operation.
Unless otherwise specified, reported figures in the interim report relate to the remaining operation.
KEY INDICATORS
Amounts in 2017 2016 2017 2016 2016 Rolling
SEK thousand
unless
otherwise
stated
Q2 Q2 Q1-Q2 Q1-Q2 Full 12
year months
Net sales 20,160 18,936 36,777 39,560 83,299 80,516
Net sales 6.5% 175.1% Neg 282.9% 95.7% 12.2%
growth, %
Gross 95.0% 97.8% 94.7% 97.9% 98.0% 96.5%
margin, %
Operating 481 5,344 -2,179 12,402 25,407 10,826
profit/loss
Operating 2.4% 28.2% -5.9% 31.4% 30.5% 13.4%
margin, %
Operating -1,314 7,462 15,808 17,497 37,658 35,970
cash flow,
total
operation
Cash and 115,006 67,411 115,006 67,411 135,753 115,006
cash
equivalents,
total
operation
PRESENTATION OF THE INTERIM REPORT
In connection with today's interim report, we issue an invitation to an information event today at 10:00. Please see the last page of the interim report for further information about participation.
This information is information that Precise Biometrics AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, at 8.00 CEST on August 16, 2017.