Precise Biometrics AB
Precise Biometrics has a market capitalization of 510,703.56 SEK and a market price of 0.0066 SEK per share, indicating a very low valuation relative to its book value and tangible book value, both of which are at 0.0. The company's liquidity position is characterized by a current ratio of 1.37, suggesting it has sufficient short-term assets to cover its short-term liabilities, but its cash and equivalents of 18,411,000 SEK are relatively modest compared to its total assets of 174,122,000 SEK. The company's profitability is weak, with a negative return on equity of -15.21% and a negative return on assets of -11.44%, both significantly below industry norms. The operating income is negative at -20,059,000 SEK, and the net income is also negative at -19,924,000 SEK, indicating that the company is not generating profits from its operations. Precise Biometrics' revenue is concentrated in a few segments and geographic regions, as disclosed in its financial reports. The company's revenue of 77,814,000 SEK is primarily derived from its core biometric authentication solutions, with no detailed breakdown of geographic revenue distribution provided in the available data. The company's growth trajectory is uncertain, with no specific numeric deltas provided for the current or next fiscal year. However, the negative operating and net income suggest that the company is not currently experiencing positive growth. The company's capital expenditure of -12,911,000 SEK indicates that it is investing in its operations, but the negative free cash flow of -12,674,000 SEK suggests that these investments are not yet generating positive cash returns. The risk assessment for Precise Biometrics indicates a low level of liquidity and dilution risk, with no immediate filing-based liquidity or dilution flags detected. The company's debt to equity ratio of 0.12 suggests a relatively low level of leverage, which is a positive sign for financial stability. Recent events and filings do not indicate any significant changes in the company's financial or operational status. The company's financial reports do not mention any recent major events that would impact its operations or financial position.
Business. Precise Biometrics AB develops and sells biometric authentication solutions, primarily focused on fingerprint recognition technology for mobile devices and other applications.
Classification. Precise Biometrics is classified under the Technology sector, specifically in the Technology Equipment business sector, with a confidence level of 0.92.
- Precise Biometrics has a very low market valuation, with a market price of 0.0066 SEK per share and a market capitalization of 510,703.56 SEK.
- The company is not profitable, with a negative return on equity of -15.21% and a negative return on assets of -11.44%.
- Precise Biometrics has a low debt to equity ratio of 0.12, indicating a relatively conservative capital structure.
- The company's liquidity position is stable, with a current ratio of 1.37, but its cash and equivalents are modest compared to its total assets.
- The company's growth trajectory is uncertain, with no specific numeric deltas provided for the current or next fiscal year.
- No immediate filing-based liquidity or dilution flags were detected.