Precise Biometrics (PREC) Q4 2025 earnings summary

Executive summary

• Achieved positive EBITDA and operating cash flow for the full year despite a challenging environment marked by geopolitical uncertainty, negative currency effects, and delayed customer production volumes.

• Revenue and earnings were negatively impacted by a major mobile customer postponing Q4 production to 2026 and a weaker USD.

• Strategic and operational changes were implemented, and new projects and customers were secured in key segments.

Financial highlights

• Q4 net sales: SEK 17.0 million, down 21.9% year-over-year; full-year net sales: SEK 77.8 million, down 10.4%.

• Q4 EBITDA: SEK -1.9 million (vs. 3.4 million prior year); full-year EBITDA: SEK 0.2 million (vs. 13.4 million prior year).

• Q4 EBIT: SEK -6.7 million; full-year EBIT: SEK -20.1 million.

• Q4 earnings per share: SEK -0.08; full-year: SEK -0.25.

• Q4 operating cash flow: SEK -3.2 million; full-year: SEK 1.9 million.

• Annual Recurring Revenue (ARR) at year-end: SEK 18.9 million, stable year-over-year.

Outlook and guidance

• Production volumes postponed to 2026 are expected to support growth in the first half of 2026.

• The company is well-positioned for future growth with a strong product portfolio and new market opportunities, especially in mid-segment mobile phones and AI-based biometric software.

• Focus remains on growth and maintaining positive cash flow in 2026.