FB pixel

Precise claims 100K biometrics, cybersecurity uses per second, bright future

Precise claims 100K biometrics, cybersecurity uses per second, bright future
 

Precise Biometrics closed what CEO Joakim Nydemark calls “a challenging year” with a positive EBITDA and cashflow.

The company netted 77.8 million Swedish kronor (approximately US$8.5 million) in the last fiscal year, according to its annual report for 2025. EBITDA was SEK0.2 million ($22,000) and cash flow from current operations was SEK1.9 million ($210,000), down from SEK13.4 million ($1.5 million) and SEK10.1 million ($1.1 million) respectively.

Precise says its biometrics and cybersecurity technologies are used 100,000 times a second, year-round. Nydemark says collaboration with vendors like Secugen and organizations like MOSIP, Aadhaar certification and Precise’s planned merger with Fingerprint Cards present a range of growth opportunities.

Related Posts

Article Topics

 |   |   | 

Latest Biometrics News

 

ID4Africa vendors see Africa leapfrogging legacy digital identity systems

The annual ID4Africa AGM is a major world event in identity – a must-attend for many biometrics providers working on…

 

Gataca boosts age assurance pitch with certification to ISO standard by ACCS

Madrid-based Gataca is now certified as a provider of privacy-preserving age assurance following an independent assessment. The company successfully completed…

 

BixeLab testing activity highlights expansion of biometric assurance

As digital identity systems evolve, biometric testing labs are increasingly becoming central to trust, compliance and interoperability. BixeLab’s recent activity…

 

Apple removes Russian digital ID app Max from its stores citing sanctions

Apple has removed Russian state-backed messaging and digital ID platform Max from its official App Store, affecting more than 20…

 

G7 backs privacy-preserving age assurance as Japan proposes social media access limits

Japan is considering new restrictions on minors’ access to social media while stopping short of blanket age bans. While countries…

 

Digital company ID could save UK financial sector £1.7B: CFIT

A UK initiative to create a reusable digital identity credential for businesses could save financial institutions £1.7 billion (US$2.2 billion)…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Biometric Market Analysis and Buyer's Guides

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events