Security

Precise Biometrics’ Security Business 2022 Examined

Precise Biometrics, a Sweden-based biometric solutions provider founded in 1997. The company went public on October 3rd, 2000, with its shares listed on the Nasdaq OMX Stockholm. In this research note, we examine the financial performance and business developments achieved by Precise Biometrics over the past year based on their year-end report and ABGSC Investor Day presentation. Precise reported a 17% increase in total revenue, amounting to SEK 98.7 million ($9.4 million) for 2022, up from SEK 84.3 million ($8 million) in 2021, and net sales grew by SEK 7.7 million ($730,000) to SEK 91 million ($8.67 million) for the full-year. This growth occurred despite a 30% decrease in revenues in the last quarter of 2022 vs the same quarter the previous year. The company’s year-end report also achieved an increase in profitability, with an operating profit of SEK 10.8 million ($1 million) compared to SEK 2.2 million ($208,021) in 2021. Revenue growth can be […]

Stay ahead of the pack

with the latest independent smart building research and thought leadership.

Have an account? Login

Subscribe Now from just $400 per year per user for Access to Quality Independent Smart Building Research & Analysis!

What Exactly Do you Get?

  • Access to Website Articles and Notes. Unlimited Access to the Library of over 2000 Articles Spanning 10 Years.
  • 10% discount on ALL Memoori Research reports for Subscribers!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now

Most Popular Articles

Neeve Smart Buildings 2025
Smart Buildings

Neeve’s Edge-Cloud Platform: Key Metrics & Growth 2025

This Research Note examines Neeve, the US startup offering an edge-cloud platform designed to enhance smart building operations by integrating operational technology (OT) systems into secure, connected environments. We highlight its founding as IoTium, before exploring its current offering, deployments, funding and partners, concluding with our view of the business. Neeve Profile Founded in 2015 […]

Complimentary Article video surveillance market research 2025
Security

Video Surveillance Market 2025: Ongoing Shift towards Software Drives Growth

The video surveillance industry is undergoing its most significant transformation since the shift from analog to digital. What was once primarily a reactive security tool, cameras recording footage for post-incident review, is evolving into a proactive intelligence infrastructure. The traditional model of video surveillance centered on cameras, on-premise storage and software. That era is coming […]

Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.