Precise Biometrics AB (PREC) AI Stock Analysis

• Market Cap: kr174.10M
• Dividend Yield: N/A
• Average Volume (3M): 120.07K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.80
• Revenue Growth: -3.27%
• EPS Growth: -23.22%
• Country: SE
• Employees: 35
• Sector: General
• Sector Strength: N/A
• Industry: Security & Protection Services
• EPS (TTM): 0.00
• Shares Outstanding: 77,379,326
• 10 Day Avg. Volume: 173,723
• 30 Day Avg. Volume: 120,071
• PEG Ratio: -0.07
• Price to Book (P/B): 1.38
• Price to Sales (P/S): 2.32
• P/FCF Ratio: 274.27
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: kr2.00 ▼(-10.31% Downside)
• Action: Reiterated Date: 02/18/26
• Date: Action: Reiterated 02/18/26

The score is held down primarily by persistent net losses and weak technical trend signals (price below key moving averages and negative MACD). A comparatively steadier balance sheet with reduced debt and some EBITDA improvement provides partial support, while valuation is difficult to justify with a negative P/E and no dividend data.

Positive Factors

Balance-sheet strength (lower leverage)

Meaningful debt reduction and a large equity base materially lower financial distress risk. That gives management runway to invest in product development or absorb operating losses without immediate refinancing, supporting structural resilience through a multi-quarter turnaround.

Improving core operating performance (EBITDA)

Two consecutive years of positive EBITDA signal that core software operations are moving toward sustainable cash generation before non‑cash items. This improvement supports reinvestment in sales and R&D and reduces reliance on external funding over the medium term.

Niche biometric IP and partnership distribution

Proprietary fingerprint algorithms and licensing relationships create a durable competitive position. Partnerships expand addressable markets (mobile, access, smart cards) and enable recurring licensing and support revenue streams that can compound as authentication demand grows.

Negative Factors

Persistent net losses

Chronic losses erode equity and limit the company's ability to self‑fund growth. Even with EBITDA gains, sustained negative operating profit increases dependence on external capital or dilutive financing and raises risk that gains are insufficient to restore long‑term profitability.

Volatile cash generation

Irregular operating and free cash flow undermines reliable funding for R&D, sales expansion, and working capital. This variability constrains strategic planning, increases the probability of future financing needs, and heightens execution risk over the next several quarters.

Choppy and recently weakening revenue

Inconsistent top‑line growth reduces operating leverage and delays margin recovery. Recent revenue decline suggests adoption or contract timing issues, making it harder to sustain improvements in EBITDA and convert partnerships into steady, predictable cash flow.

Precise Biometrics AB Business Overview & Revenue Model

Company Description

Precise Biometrics AB (publ) offers identification software for the secure authentication of people's identity in Europe, Asia, and the United States. It provides Precise YOUNiQ that verifies digital identity; Precise BioMatch Card, a fingerprint algorithm solution for identity authentication in smart cards; Precise BioMatch Mobile, a fingerprint algorithm solution for identity authentication in smartphones and tablets; and Precise BioLive, a fingerprint software that identifies a fake fingerprint. The company offers its products to sensor manufacturers, security companies, and system integrators, as well as finance, betting, healthcare, and transport sectors. Precise Biometrics AB (publ) was incorporated in 1997 and is headquartered in Lund, Sweden.

How the Company Makes Money

Precise Biometrics generates revenue primarily through the sale of its biometric software and licensing agreements with device manufacturers and technology partners. Key revenue streams include software license fees for its fingerprint recognition solutions, which are integrated into smartphones, tablets, and other devices. The company also earns income from maintenance and support services related to its software products. Strategic partnerships with leading technology firms and manufacturers facilitate broader market reach and product adoption, contributing to the company’s earnings. Additionally, Precise Biometrics may engage in collaborative projects that further enhance its product offerings and revenue potential.

Precise Biometrics AB Financial Statement Overview

Summary

Overall financials are mixed: the company remains loss-making with negative operating profit across the period and recently weakening revenue, but the balance sheet is relatively stable with reduced debt and improved EBITDA in 2024–2025. Cash flow and free cash flow have been volatile, limiting confidence in consistent internal funding.

Income Statement

Profitability remains the key drag: the company has reported net losses every year shown (2020–2025), with negative operating profit throughout. Revenue has been choppy and has recently weakened (2025 revenue down ~5.8% after 2024 grew ~15.7%). A positive is that gross profit dollars stayed relatively solid and EBITDA turned positive in 2024–2025 (vs. negative in 2021–2023), indicating some operating improvement, but losses and negative operating margins still point to an unfinished turnaround.

Balance Sheet

The balance sheet looks comparatively stable, supported by a large equity base versus debt (debt-to-equity was low in 2023 and moderate in 2024). Total debt also stepped down meaningfully from 2024 to 2025, reducing financial risk. The main weakness is ongoing losses, which have coincided with declining equity from 2023 to 2025, suggesting continued pressure on book value if profitability doesn’t improve.

Cash Flow

Cash generation is mixed. Operating cash flow improved sharply from negative in 2023 to solidly positive in 2024, but fell materially in 2025, and free cash flow has been inconsistent (positive in 2020 and 2025, negative in 2021–2024). This pattern suggests volatile cash conversion and less reliable internally funded investment capacity, even though the most recent year returned to positive free cash flow.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	77.81M	86.85M	75.07M	91.02M	83.32M
Gross Profit	56.67M	63.07M	47.82M	65.04M	63.54M
EBITDA	3.10M	14.40M	-1.69M	-1.02M	-9.30M
Net Income	-19.92M	-8.43M	-26.40M	-22.23M	-13.45M
Balance Sheet
Total Assets	174.12M	203.07M	212.66M	213.22M	241.05M
Cash, Cash Equivalents and Short-Term Investments	18.41M	37.70M	47.53M	46.41M	64.10M
Total Debt	12.15M	25.87M	4.52M	32.73M	7.59M
Total Liabilities	43.10M	51.90M	53.35M	66.92M	113.00M
Stockholders Equity	131.02M	151.16M	159.32M	146.30M	128.05M
Cash Flow
Free Cash Flow	658.00K	-1.28M	-26.08M	-17.81M	-21.07M
Operating Cash Flow	1.92M	10.05M	-10.76M	3.93M	-1.49M
Investing Cash Flow	-18.93M	-17.50M	-25.32M	-60.01M	-30.26M
Financing Cash Flow	-1.91M	-2.54M	37.29M	38.31M	19.54M

Precise Biometrics AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.23
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:PREC, the sentiment is Negative. The current price of 2.23 is above the 20-day moving average (MA) of 2.13, above the 50-day MA of 2.22, and below the 200-day MA of 2.88, indicating a bearish trend. The MACD of -0.07 indicates Positive momentum. The RSI at 45.07 is Neutral, neither overbought nor oversold. The STOCH value of 56.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:PREC.

Precise Biometrics AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LEVEL	56 Neutral	kr128.21M	-30.96	-1.58%	―	2.70%	85.94%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IRIS	48 Neutral	kr48.22M	-0.08	-44.40%	―	-41.32%	34.95%
PREC	47 Neutral	kr174.10M	-8.86	-10.30%	―	-3.27%	-23.22%
TSEC	41 Neutral	kr107.46M	-10.06	―	―	9.39%	-378.80%

Precise Biometrics AB Corporate Events

Precise Biometrics Accelerates Cloud Shift as Precise Visit Wins New Global Customers

Precise Biometrics reports strong 2025 sales momentum for its cloud-based visitor management solution, Precise Visit by EastCoast, driven by a fully cloud-focused strategy and rapid customer adoption across sectors. New wins span small and mid-sized firms, public sector bodies, and global enterprises such as ASSA Abloy, Smurfit WestRock, Aqua d’or, and Sundbybergs stad, many of which are standardizing Precise Visit across international office networks.

During 2025, the company grew its Precise Visit cloud customer base by more than 50%, with all new customers choosing cloud and existing on-premise clients accelerating migration. The solution is increasingly embedded in smart office environments, integrating visitor flows with meeting room booking, workspace management, and other digital workplace tools, reinforcing Precise Biometrics’ position in secure, modern workplace infrastructure and supporting its broader cloud transformation.

The most recent analyst rating on (SE:PREC) stock is a Hold with a SEK2.50 price target. To see the full list of analyst forecasts on Precise Biometrics AB stock, see the SE:PREC Stock Forecast page.

Precise Biometrics Underscores Global Role in Expanding Biometric Security Market

Precise Biometrics AB highlights its position as a pioneer in biometrics and cybersecurity, with technology used around the clock in applications requiring secure and seamless access. The company emphasizes its broad portfolio spanning biometric authentication for devices, security keys and logical access, as well as vehicle solutions and government biometric programs, underscoring its strategic role in digital identity and physical access control markets.

By focusing on both algorithm products and packaged access and visitor management systems, Precise aims to capture value along the biometric security chain from core technology to end-user solutions. Its international footprint and diversified use cases, including in-car payment, driver authentication and visitor systems, position the company to benefit from growing demand for secure, user-friendly identity verification across industries and geographies.

The most recent analyst rating on (SE:PREC) stock is a Hold with a SEK2.50 price target. To see the full list of analyst forecasts on Precise Biometrics AB stock, see the SE:PREC Stock Forecast page.

Precise Biometrics Sets February 12 Date for 2025 Year-End Report and Investor Q&A

Precise Biometrics will publish its 2025 year-end financial report on February 12 at 08:00 CET, accompanied by a video interview with CEO Joakim Nydemark on the company’s website explaining key aspects of the results. The company is also organizing a live Q&A session the same day at 13:00 CET with the CEO and CFO Maria Wester for investors, analysts and media, with the discussion held mainly in Swedish but allowing questions and answers in English, and recorded materials to be made available online afterwards, underscoring its emphasis on transparency and active engagement with the capital market.

The most recent analyst rating on (SE:PREC) stock is a Hold with a SEK2.50 price target. To see the full list of analyst forecasts on Precise Biometrics AB stock, see the SE:PREC Stock Forecast page.

Precise Biometrics to Showcase Anti-Spoofing Tech for National IDs at MOSIP Connect 2026

Precise Biometrics will participate as both speaker and exhibitor at MOSIP Connect 2026 in Rabat, Morocco, where it will showcase BioLive, its AI-powered, software-based anti-spoofing and liveness detection solution designed for national ID programs and already integrated with biometric scanners from SecuGen and other device partners. By aligning with MOSIP’s global ecosystem of governments and technology providers, the company aims to position its advanced liveness detection as a critical safeguard for rapidly expanding national ID infrastructures, reinforcing protection against fraud and presentation attacks while supporting inclusive, UN-aligned identity initiatives that are increasingly central to digital public infrastructure worldwide.

The most recent analyst rating on (SE:PREC) stock is a Hold with a SEK2.00 price target. To see the full list of analyst forecasts on Precise Biometrics AB stock, see the SE:PREC Stock Forecast page.

Precise Biometrics Wins Full-Facility Biometric Access Deal with Premium Stockholm Gym

Precise Biometrics has expanded its presence in the premium fitness and health-tech segment after Age Back Co Stockholm, a high-end gym and club, chose its Precise Access facial recognition system to manage biometric entry across the entire facility. Following a successful pilot, the gym has rolled out the solution to all key access points, using facial authentication to replace cards, PINs and apps, and integrating the technology with its membership management and physical access control systems to improve security, streamline administration and deliver a seamless, exclusive experience for members, illustrating growing demand for biometric access in premium, membership-based venues.

The most recent analyst rating on (SE:PREC) stock is a Hold with a SEK2.50 price target. To see the full list of analyst forecasts on Precise Biometrics AB stock, see the SE:PREC Stock Forecast page.

Precise Biometrics Unveils Next-Gen Biometric Matching Engine

Precise Biometrics has launched BioMatch Vizo, its fifth-generation AI-driven biometric matching engine for fingerprint recognition. This new technology offers enhanced accuracy, security, and user experience, setting a new benchmark in biometric authentication. The engine is designed to support smaller ultrasonic sensors, targeting the mid-range mobile phone market, and offers significant improvements in handling diverse conditions and sensor sizes. The new architecture strengthens anti-spoofing measures and reduces time-to-market for sensor manufacturers and OEMs, while end users benefit from faster authentication and increased security. The first release is expected in late 2025, with broader availability in early 2026.

The most recent analyst rating on (SE:PREC) stock is a Hold with a SEK2.50 price target. To see the full list of analyst forecasts on Precise Biometrics AB stock, see the SE:PREC Stock Forecast page.

Precise Biometrics and SecuGen Launch Anti-Spoofing Solution for National ID Programs

Precise Biometrics, in collaboration with SecuGen, has launched an anti-spoofing and liveness detection solution aimed at enhancing security in national identity programs globally. This joint solution integrates Precise’s BioLive software with SecuGen’s certified scanners, offering advanced protection against identity fraud while ensuring a seamless user experience. The initiative supports the UN’s Sustainable Development Goal of providing legal identity for all, facilitating secure access to essential services for billions of individuals.

The most recent analyst rating on (SE:PREC) stock is a Hold with a SEK2.50 price target. To see the full list of analyst forecasts on Precise Biometrics AB stock, see the SE:PREC Stock Forecast page.