Precise Biometrics: quarterlies, annuals, SEC actions

April 10, 2024 - 2023 was a year of transitioning to new markets and verticals for Precise Biometrics, with revenues dropping by 17.5 percent to SEK 75.1 million (approximately US$7 million) and an EBITDA loss of SEK 1.7 million ($160,000).

Precise’s strategy for the past fiscal year was largely oriented around its YOUNiQ biometric access control software. The company launched an initiative to bring YOUNiQ Visitor and YOUNiQ Access to American customers, including new distribution partnerships, and improved …

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