Precise Biometrics
Precise Biometrics is a global pioneer in cybersecurity and biometric solutions, specializing in algorithm products for fingerprint, facial, and hand recognition. The company offers packaged end-customer products such as Precise Access for biometric physical access and Precise Visit for visitor management. Operating through its Digital Identity and Biometric Technologies business areas, Precise Biometrics is well-positioned for growth with a focus on AI-based biometric software and new ultrasonic sensor technologies. The company is listed on Nasdaq Stockholm and has a global presence with offices in Lund, Stockholm, Potsdam NY, Seoul, Taipei, and Shanghai.
Fiscal year 2025 · change from previous year
Development 2021–2025
Business
Share of revenueIncludes algorithm products for biometric recognition.
Comprises solutions for biometric access and visitor management.
Customers
Precise Biometrics serves a diverse range of customers, including large industrial groups, municipalities, and smaller companies. The company's Digital Identity solutions are particularly attractive to organizations seeking secure and scalable access management systems. Government agencies also utilize Precise's biometric technologies for national ID programs. The company's cloud-based solutions appeal to customers looking for lower operating costs and higher customer satisfaction, while its hardware-independent offerings are favored by technology giants and enterprises for their flexibility and integration capabilities.
Purchase secure access management systems for large-scale operations.
Utilize biometric technologies for national ID programs.
Favor flexible, hardware-independent biometric solutions.
Adopt cloud-based visitor management systems.
Strategy
Precise Biometrics is focused on long-term value creation through strategic partnerships and a robust product portfolio. The company aims to expand its presence in AI-based biometric software and capitalize on new ultrasonic sensor technologies. Strategic priorities include enhancing customer satisfaction, reducing operating costs, and achieving scalability. The company is also focused on increasing recurring revenue streams through cloud-based solutions. Precise Biometrics is committed to maintaining a strong core business while exploring new markets and opportunities for growth.
To leverage advanced technologies for competitive advantage.
For scalability and recurring revenue.
To meet demand in mid-end mobile phone segment.
Geography
Precise Biometrics operates globally with a strong presence in Europe, Asia, and North America. The company is headquartered in Lund, Sweden, and has offices in Stockholm, Potsdam NY, Seoul, Taipei, and Shanghai. This geographic distribution allows Precise to tap into diverse markets and leverage regional expertise. The company's global reach is supported by a robust network of partners, enabling it to serve over 800 customers worldwide. The strategic location of its offices facilitates access to key markets and enhances its ability to respond to regional demands and regulatory requirements.
Risks
Precise Biometrics faces several risks, including geopolitical uncertainties and market competition, particularly in the mobile phone sector. Delays in customer projects and production postponements have impacted revenue, highlighting the risk of dependency on key customers. The company also faces price pressure in competitive segments, though its premium offerings in ultrasound-based biometrics mitigate this risk. Additionally, the transition to cloud-based solutions presents short-term revenue challenges as older on-premise agreements are phased out. These risks are compounded by external factors such as currency fluctuations and regulatory changes.
- Geopolitical uncertaintiesImpact: HighLikelihood: High
Affect market stability and customer investment decisions.
- Project delaysImpact: MediumLikelihood: High
Impact revenue and cash flow.
- Price pressureImpact: MediumLikelihood: Medium
Affects profitability in competitive segments.
- Cloud transitionImpact: Medium
Short-term impact on ARR due to migration.
Accounting
Judgemental itemsAffects comparability of financial results.
Impact: high
Impacts revenue recognition methods.
Impact: medium
Affects reported earnings through amortization.
Impact: medium
Impacts balance sheet with right-of-use assets.
Impact: medium
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Last updated: 24/09/2026