Precise Biometrics AB (Nasdaq Stockholm: PREC; 0JDU), the Swedish-headquartered global biometrics company, has published its financial report for Q3 2026 and the interim period January to September 2026. Third-quarter net sales rose to SEK 24.6 million from SEK 20.0 million a year earlier, though the period was significantly shaped by one-off costs of SEK 16.8 million relating to the completed merger with Fingerprint Cards (FPC) and associated restructuring. Investors will be watching how the combined group executes on cost synergies and commercial momentum following the transformative deal.

Key Points

  • Precise Biometrics AB (Nasdaq Stockholm: PREC; 0JDU) is a Swedish-rooted global leader in biometric access and identity solutions
  • Q3 2026 net sales reached SEK 24.6 million, up from SEK 20.0 million in Q3 2025, while EBITDA was SEK -26.3 million including one-off merger and restructuring charges
  • The merger with Fingerprint Cards completed on 20 July 2026; a rights issue raised approximately SEK 100 million before costs on 13 August 2026
  • Two post-period orders totalling approximately SEK 15 million were secured, with revenue expected in 2027

Merger with Fingerprint Cards Drives One-Off Costs Across Q3 2026

The merger with Fingerprint Cards, completed on 20 July 2026, dominated the financial picture for the third quarter. One-off items of SEK 16.8 million — covering transaction and restructuring costs — pushed reported EBITDA to SEK -26.3 million, against a positive SEK 4.4 million in the prior-year period. Stripping out these charges, adjusted EBITDA stood at SEK -9.5 million. For the full nine-month interim period, one-off items totalled SEK 20.6 million, with adjusted EBITDA at SEK -13.6 million. The company described the costs as necessary to complete integration and realise future synergies.

SEK 100 Million Rights Issue Strengthens Balance Sheet for Integration

To support the integration of Fingerprint Cards and fund commercial development, Precise Biometrics completed a rights issue on 13 August 2026, raising approximately SEK 100 million before issue costs. Cash flow from operations in Q3 stood at SEK -40.9 million, compared with SEK 1.7 million in the same quarter of the prior year, reflecting the financial demands of the transaction period. Annual Recurring Revenue (ARR) at the period end was SEK 19.2 million, edging up from SEK 18.4 million a year earlier, suggesting modest underlying commercial resilience within the company's software and cloud-based revenues.

New Partnerships and FPC AllKey Pro Win Signal Post-Merger Commercial Progress

During the quarter, Precise secured several commercially significant developments. PamirAI selected FPC AllKey Pro for its new AI Agent Computer, the announcement states, opening opportunities in new application areas. A distribution partnership with AqTronics expanded the company's reach into India and Vietnam, two markets the announcement identifies as important for growth. Continued collaboration with IOTRUST on the next generation of D'CENT crypto wallets further demonstrated the breadth of Precise's biometric authentication portfolio spanning consumer electronics, enterprise access, and secure digital services.

Post-Period Orders of SEK 15 Million Point Towards 2027 Revenue Pipeline

After the quarter closed, Precise received two new orders totalling approximately SEK 15 million, with associated revenue expected in 2027. The company also expanded its Precise Visit visitor management platform with integrated queue management. CEO Joakim Nydemark, who published a video interview alongside the report, stated that the organisation has strengthened its commercial structure and is already seeing tangible results. Precise operates across Europe, North America, and Asia, providing biometric solutions powering hundreds of millions of authentications daily across mobile, enterprise, and government identity programmes.