Precise Biometrics Past Earnings Performance

Past criteria checks 0/6

Precise Biometrics's earnings have been declining at an average annual rate of -23.1%, while the Software industry saw earnings growing at 13.7% annually. Revenues have been declining at an average rate of 1.8% per year.

Key information

-23.1%

Earnings growth rate

-11.6%

EPS growth rate

Software Industry Growth	19.9%
Revenue growth rate	-1.8%
Return on equity	-14.0%
Net Margin	-26.4%
Next Earnings Update	15 Nov 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Precise Biometrics makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BATS-CHIXE:PRECS Revenue, expenses and earnings (SEK Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Jun 24	80	-21	46	30
31 Mar 24	78	-22	44	30
31 Dec 23	75	-26	42	32
30 Sep 23	74	-31	42	34
30 Jun 23	75	-31	44	32
31 Mar 23	82	-28	49	34
31 Dec 22	91	-22	52	35
30 Sep 22	99	-15	55	34
30 Jun 22	97	-11	52	33
31 Mar 22	91	-11	48	31
31 Dec 21	83	-13	47	28
30 Sep 21	78	-20	47	28
30 Jun 21	85	-19	48	30
31 Mar 21	90	-16	48	32
31 Dec 20	92	-12	46	36
30 Sep 20	109	10	46	38
30 Jun 20	113	15	45	40
31 Mar 20	103	9	44	39
31 Dec 19	92	1	43	36
30 Sep 19	67	-27	41	41
30 Jun 19	56	-31	38	36
31 Mar 19	62	-28	40	35
31 Dec 18	68	-22	43	34
30 Sep 18	68	-19	43	26
30 Jun 18	61	-26	44	26
31 Mar 18	63	-22	45	25
31 Dec 17	61	-23	44	25
30 Sep 17	68	-6	43	26
30 Jun 17	81	23	42	25
31 Mar 17	79	28	38	25
31 Dec 16	83	39	33	25
30 Sep 16	86	38	31	24
30 Jun 16	81	20	28	19
31 Mar 16	72	6	28	21
31 Dec 15	56	-9	26	23
30 Sep 15	43	-23	25	24
30 Jun 15	32	-40	39	31
31 Mar 15	29	-42	32	29
31 Dec 14	31	-44	34	29
30 Sep 14	24	-53	40	30
30 Jun 14	23	-50	27	26
31 Mar 14	25	-53	37	25
31 Dec 13	35	-43	39	21

Quality Earnings: PRECS is currently unprofitable.

Growing Profit Margin: PRECS is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PRECS is unprofitable, and losses have increased over the past 5 years at a rate of 23.1% per year.

Accelerating Growth: Unable to compare PRECS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PRECS is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (21.2%).

Return on Equity

High ROE: PRECS has a negative Return on Equity (-14.04%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/10/08 22:30
End of Day Share Price	2024/07/11 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Precise Biometrics AB (publ) is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Fredrik Steinslien	Pareto Securities
Martin Wahlstrom	Redeye