Report
Nikola Kalanoski ...
  • Simon Jönsson

Precise Biometrics - Q3 softened by weak mobile phone demand

Sales SEK 18.8m, -35% vs. ABGSCe SEK 28.9m EBITDA SEK -1.8m vs. ABGSCe SEK 3.8m We anticipate negative consensus est. revisions
Underlying
Precise Biometrics AB A

Precise Biometrics develops software and hardware for fingerprint recognition and smart cards. Co. has three business areas: mobile smart card solutions, which provides Tactivo™, a range of smart cards and fingerprint readers for smartphones and tablets, and software for the development of apps for Tactivo; fingerprint technology, which provides algorithms for matching of fingerprint recognition and software for integration in third-part hardware; and desktop and physical access solutions, which includes Co.'s fingerprint and smart card readers and development software for authentication at desktop computers, as well as physical access through fingerprint recognition to buildings.

Provider
ABG Sundal Collier Sponsored
ABG Sundal Collier Sponsored

ABG Sundal Collier is the independent, Nordic investment banking powerhouse, developed over 30 years, founded on a hard working partnership culture and the ability to attract top talent.

Our strategy is to be an advisor and an intermediary, and the core product offering comprise corporate advisory services, corporate financing services and investor research and brokerage services.

Our corporate advisory team offers access to a broad financial and industrial network and unparalleled transaction experience. We provide financing to corporates through our superior Nordic and international distribution platform, and we are optimally structured for naturally matching trading flows, delivering best execution for clients.

The group employ approx. 250 staff working from the Nordic offices in Norway, Sweden and Denmark and in the offices in the key international markets US, UK and Germany. 


Analysts
Nikola Kalanoski

Simon Jönsson

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