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Precise Biometrics AB (PREC) AI Stock Analysis

SE:PREC

Precise Biometrics AB

(Nasdaq OMX AB:PREC)

Select Model
Rating:42Neutral
Price Target:SEK 0.57â–¼(-4.07% Downside)
Action:reiterated
Date:10/14/26

Precise Biometrics scores low primarily because of persistent unprofitability and a shrinking top line: revenue has fallen to SEK 68.8m with a SEK 23.0m net loss, and equity has eroded ~28% since 2023 despite attractive ~73% gross margins. The share price reinforces this, trading far below all major moving averages with negative MACD, signalling a deep and sustained downtrend, although RSI near 19 shows the stock is heavily oversold. Valuation gives no cushion, with negative earnings and no dividend. The main offsets are a debt-free, equity-financed balance sheet and a recent shift to positive operating and free cash flow, which buy management time to stabilise the business. The score would improve materially on evidence of revenue stabilisation and a return to operating profit.

Positive Factors
Debt-Free Balance SheetZero debt and a sizable equity base reduce refinancing pressure and preserve financial flexibility. This gives Precise more capacity to fund product development, absorb periods of weak demand, and pursue customer opportunities without the added burden of mandatory interest payments.
Negative Factors
Persistent LossesContinued operating and net losses show that the company’s gross profit is not yet sufficient to cover its cost base. Negative returns on equity also indicate weak value creation, limiting internal capital accumulation and making sustainable earnings improvement a central business challenge.

Precise Biometrics AB (PREC) vs. iShares MSCI Sweden ETF (EWD)

-80%-60%-40%-20%0%20%40%SE:PREC-77.57%EWD+15.33%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
SEK 140.90M
Dividend Yield
―
Average Volume (3M)
1.38M
Price to Earnings (P/E)
-1.9
Beta (1Y)
-0.32
Revenue Growth
-19.38%
EPS Growth
-78.61%
Country
Sweden
Employees
36
Sector
General
Sector Strength
55
Industry
Software - Application

Precise Biometrics AB Business Overview & Revenue Model

Company Description

Precise Biometrics AB (publ) develops specialized software for reliably confirming individuals' identities across Europe, Asia, and the United States. Its product lineup includes Precise YOUNiQ, designed for digital identity verification; the BioMatc...

How the Company Makes Money

Precise Biometrics makes money primarily by licensing and selling its biometric software and related services to other businesses (B2B). Key revenue streams generally include: (1) Software licensing/royalties: Fees for the right to use Precise’s biom...

Precise Biometrics AB Financial Statement Overview

Summary

A mixed but overall weak profile. The balance sheet is the standout strength (score 66): zero debt, equity funding ~71% of the SEK 162.2m asset base, and steady deleveraging give the company flexibility. Cash flow has improved to modest positive territory (score 48), with TTM operating cash flow of SEK 5.7m and free cash flow of SEK 1.9m after years of burn, though the amounts are small and historically volatile. The income statement remains the key weakness (score 27): despite strong ~73% gross margins, revenue has declined to SEK 68.8m (-8% TTM) amid a multi-year downtrend, and the company posted a SEK 23.3m operating loss and SEK 23.0m net loss, with EBITDA back in negative territory. Shareholders' equity has eroded ~28% since 2023, meaning the cash cushion is being gradually consumed by unprofitable operations.

Income Statement

27Negative

Balance Sheet

66Positive

Cash Flow

48Neutral
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue68.83M77.81M86.85M75.07M91.02M83.32M
Gross Profit49.17M56.67M63.07M47.82M65.04M63.54M
EBITDA-9.75M3.02M14.40M-1.69M-1.02M-9.30M
Net Income-22.96M-19.92M-8.43M-26.40M-22.23M-13.45M
Balance Sheet
Total Assets162.15M174.12M203.07M212.66M213.22M241.05M
Cash, Cash Equivalents and Short-Term Investments18.89M18.41M37.70M47.53M46.41M64.10M
Total Debt10.88M10.89M25.87M4.52M32.73M7.59M
Total Liabilities46.88M43.10M51.90M53.35M66.92M113.00M
Stockholders Equity115.28M131.02M151.16M159.32M146.30M128.05M
Cash Flow
Free Cash Flow1.94M658.00K-1.28M-26.08M-17.81M-21.07M
Operating Cash Flow5.74M1.92M10.05M-10.76M3.93M-1.49M
Investing Cash Flow-18.29M-18.93M-17.50M-25.32M-60.01M-30.26M
Financing Cash Flow-2.23M-1.91M-2.54M37.29M38.31M19.54M

Precise Biometrics AB Technical Analysis

Technical Analysis SentimentNegative
Last Price0.59

Price Trends

50DMA0.56Negative
100DMA0.90Negative
200DMA1.25Negative

Market Momentum

MACD-0.02Negative
RSI49.58Neutral
STOCH89.67Negative

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 0.59 is above the 20-day moving average (MA) of 0.49, above the 50-day MA of 0.56, and below the 200-day MA of 1.25, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 49.58 is Neutral, neither overbought nor oversold. The STOCH value of 89.67 is Negative, 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

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

SE:PREC against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
SE:LIMESE:LIME79OutperformSEK 3.62B29.4232.20%1.66%8.57%17.98%
SE:TRUE.BSE:TRUE.B67NeutralSEK 7.39B36.2418.48%1.18%-15.84%-53.18%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
SE:SEYESE:SEYE51NeutralSEK 2.10B-15.69――35.21%40.30%
SE:CFISHSE:CFISH48NeutralSEK 157.44M-7.22――-47.90%36.77%
SE:PRECSE:PREC42NeutralSEK 140.90M-1.91-18.04%―-19.38%-78.61%
SE:ZAPLOXSE:ZAPLOX39UnderperformSEK 36.74M-33.58-853.33%―-8.48%94.22%

* General Sector Average

Performance Comparison

-50%0%SE:PRECSE:CFISHSE:ZAPLOXSE:LIMESE:TRUE.BSE:SEYEDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
SE:PREC and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
SE:PRECPrecise Biometrics AB0.52-1.79-77.61%
SE:CFISHCrunchfish AB1.90-1.42-42.77%
SE:ZAPLOXZaplox AB1.020.1213.33%
SE:LIMELime Technologies AB271.00-81.94-23.22%
SE:TRUE.BTruecaller AB Class B23.82-3.39-12.45%
SE:SEYESmart Eye AB53.50-25.50-32.28%

Precise Biometrics AB Corporate Events

Precise Biometrics Expands Share Capital After Warrant Exercise

Oct 30, 2026

Precise Biometrics AB has expanded its share capital following the exercise of warrants of series 2026 (TO2) during October, resulting in the issuance of 5,456,090 new ordinary shares. This transaction increases the company’s total number of sh...

Precise Biometrics Secures SEK 15 Million in New Digital Access Orders

Oct 15, 2026

Precise Biometrics has won two new customer orders to supply fingerprint sensor technology for digital access devices, with expected revenue of about SEK 15 million in 2027. The deals, signed with global digital security and authentication providers...

Precise Biometrics Raises SEK 2.6 Million Through TO2 Warrant Exercise

Oct 5, 2026

Precise Biometrics has reported the outcome of the exercise period for its 2026 series (TO2) warrants, with approximately 62 percent of the 1.86 billion issued warrants being exercised. The company will raise about SEK 2.6 million before issue costs...

Precise Biometrics Adds Queue Management to Precise Visit Platform

Oct 1, 2026

Precise Biometrics is expanding its Precise Visit by EastCoast platform with integrated queue management, extending the service beyond traditional visitor management. The cloud-based solution now allows organizations to handle visitor registration, a...

Precise Biometrics Bolsters Executive Team to Capitalize on Fingerprint Cards Merger

Sep 29, 2026

Precise Biometrics is sharpening its executive ranks in the wake of its merger with Fingerprint Cards, a deal that has broadened its biometric security offering, customer base, and global footprint. The newly configured management team blends leaders...

Precise Biometrics Extends IOTRUST Partnership for Next-Gen DCENT Crypto Wallets

Sep 15, 2026

Precise Biometrics, a Nasdaq Stockholm-listed biometrics specialist, is extending its partnership with South Korea’s IOTRUST to supply BioMatch fingerprint authentication for the next generation of DCENT biometric hardware crypto wallets. The m...

Precise Biometrics taps AqTronics to drive India and Vietnam expansion

Sep 11, 2026

Precise Biometrics has signed a non-exclusive distribution agreement with India-based semiconductor and electronics distributor AqTronics Technologies to expand sales of its biometric hardware portfolio in India and Vietnam. The deal positions AqTron...

Precise Biometrics Sets Terms and Opens Exercise Period for 2026 Warrants

Sep 11, 2026

Precise Biometrics has set the subscription price for its series 2026 (TO2) warrants at SEK 0.47 per share, with the exercise period running from 11 September to 2 October 2026 and trading on Nasdaq Stockholm ending on 30 September. Each 211 warrants...

Precise Biometrics Wins PamirAI Deal for Secure AI Agent Computer

Sep 3, 2026

Precise Biometrics has secured a design win with PamirAI, which will integrate the company’s FPC AllKey Pro biometric system into its upcoming Agent Computer, a dedicated Linux-based device that hosts always-on AI agents. The deal expands Preci...

Precise Biometrics Boosts Share Capital After Rights Issue

Aug 31, 2026

Precise Biometrics AB has expanded its share capital following a recently completed rights issue of ordinary shares, issuing 121,951,219 new shares. As of August 31, 2026, the company now has a total of 268,687,629 shares, comprising 267,602,629 ordi...

Precise Biometrics Deepens Global Role in Secure Access and Identity Management

Aug 26, 2026

Precise Biometrics AB reports that its biometric security and identity management technology is now used around the clock, with solutions embedded in hundreds of millions of devices and performing billions of authentications every day. The company&#8...

Precise Biometrics Schedules Q2 2026 Report Release and Investor Q&A

Aug 18, 2026

Precise Biometrics will publish its interim report for the second quarter of 2026 on August 26 at 8:00 a.m. CEST, underscoring the company’s ongoing communication with investors and stakeholders. A video interview with CEO Joakim Nydemark, comm...

Precise Biometrics Raises SEK 100 Million in Heavily Underwritten Rights Issue

Aug 13, 2026

Precise Biometrics has completed a rights issue of approximately SEK 110.3 million, with about 91 percent of the offer subscribed and SEK 100 million raised before transaction costs. The share capital will rise from SEK 44.0 million to SEK 80.6 milli...

Precise Biometrics to Brief Investors on Fingerprint Cards Merger and Rights Issue

Aug 3, 2026

Precise Biometrics AB, a Nasdaq Stockholm-listed provider of biometric security and identity solutions, delivers a broad portfolio of software, hardware, and SaaS technologies for secure access across physical and digital environments. Its solutions...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 13, 2026