Precise Biometrics AB 2023 AR2
The report highlights Precise Biometrics AB's focus on commercialization within new strategic verticals and markets during 2023, despite a challenging mobile phone market that led to a 17.5% decline in net sales to SEK 75.1 million. The company expanded its partnerships, notably with Infineon in the automotive sector and Genetec in the US market, while launching YOUNiQ Visit and YOUNiQ Access. A cost-saving program and a preferential share issue of SEK 40 million strengthened the company's financial position, and annual recurring revenue grew to SEK 18.3 million. Additionally, the company continued to integrate sustainability into its operations, focusing on equal treatment, business ethics, and reducing its environmental impact.
Company: Precise Biometrics AB
Sector: Media & publishing
Country: Sweden
Year: 2023
Type: AR2
Pages: 103
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Precise Biometrics AB
Annual Report
The report highlights Precise Biometrics AB's focus on commercialization within new strategic verticals and markets during 2023, despite a challenging mobile phone market that led to a 17.5% decline in net sales to SEK 75.1 million. The company expanded its partnerships, notably with Infineon in the automotive sector and Genetec in the US market, while launching YOUNiQ Visit and YOUNiQ Access. A cost-saving program and a preferential share issue of SEK 40 million strengthened the company's financial position, and annual recurring revenue grew to SEK 18.3 million. Additionally, the company continued to integrate sustainability into its operations, focusing on equal treatment, business ethics, and reducing its environmental impact.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees