Precise Biometrics Future Growth

Future criteria checks 4/6

Precise Biometrics is forecast to grow earnings and revenue by 123.2% and 19.3% per annum respectively.

Key information

123.2%

Earnings growth rate

n/a

EPS growth rate

Software earnings growth	39.6%
Revenue growth rate	19.3%
Future return on equity	n/a
Analyst coverage	Low
Last updated	18 Nov 2024

Recent future growth updates

Recent updates

We Think Precise Biometrics (STO:PREC) Can Easily Afford To Drive Business Growth

Jul 31

Is Precise Biometrics AB (publ)'s (STO:PREC) Recent Price Movement Underpinned By Its Weak Fundamentals?

Dec 07

Earnings and Revenue Growth Forecasts

OM:PREC - Analysts future estimates and past financials data (SEK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	130	21	N/A	N/A	1
12/31/2025	112	7	N/A	32	1
12/31/2024	90	-7	N/A	18	1
9/30/2024	85	-12	-10	1	N/A
6/30/2024	80	-21	-21	-9	N/A
3/31/2024	78	-22	-21	-8	N/A
12/31/2023	75	-26	-26	-11	N/A
9/30/2023	74	-31	-26	-8	N/A
6/30/2023	75	-31	-26	-7	N/A
3/31/2023	82	-28	-31	-9	N/A
12/31/2022	91	-22	-18	4	N/A
9/30/2022	99	-15	-14	7	N/A
6/30/2022	97	-11	-9	11	N/A
3/31/2022	91	-11	-13	6	N/A
12/31/2021	83	-13	-21	-1	N/A
9/30/2021	78	-20	-13	7	N/A
6/30/2021	85	-19	-12	10	N/A
3/31/2021	90	-16	-6	14	N/A
12/31/2020	92	-12	4	22	N/A
9/30/2020	109	10	10	24	N/A
6/30/2020	113	15	12	20	N/A
3/31/2020	103	9	10	17	N/A
12/31/2019	92	1	-6	0	N/A
9/30/2019	67	-27	-31	-24	N/A
6/30/2019	56	-31	-30	-21	N/A
3/31/2019	62	-28	-38	-28	N/A
12/31/2018	68	-22	-37	-26	N/A
9/30/2018	68	-19	-25	-14	N/A
6/30/2018	61	-26	N/A	-10	N/A
3/31/2018	63	-22	N/A	-3	N/A
12/31/2017	61	-23	N/A	23	N/A
9/30/2017	68	-6	N/A	31	N/A
6/30/2017	81	23	N/A	36	N/A
3/31/2017	79	28	N/A	47	N/A
12/31/2016	83	39	N/A	38	N/A
9/30/2016	86	38	N/A	35	N/A
6/30/2016	81	20	N/A	25	N/A
3/31/2016	72	6	N/A	11	N/A
12/31/2015	56	-9	N/A	-4	N/A
9/30/2015	43	-23	N/A	-21	N/A
6/30/2015	32	-40	N/A	-26	N/A
3/31/2015	29	-42	N/A	-30	N/A
12/31/2014	31	-44	N/A	-34	N/A
9/30/2014	24	-53	N/A	-36	N/A
6/30/2014	23	-50	N/A	-43	N/A
3/31/2014	25	-53	N/A	-41	N/A
12/31/2013	35	-43	N/A	-34	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PREC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).

Earnings vs Market: PREC is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PREC is expected to become profitable in the next 3 years.

Revenue vs Market: PREC's revenue (19.3% per year) is forecast to grow faster than the Swedish market (-0% per year).

High Growth Revenue: PREC's revenue (19.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if PREC's Return on Equity is forecast to be high in 3 years time

Precise Biometrics Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 26% to kr3.40

Forecast to breakeven in 2026

No longer forecast to breakeven

Consensus revenue estimates fall by 17%

Consensus forecasts updated

Price target decreased to kr1.40

Recent updates

Price target increased by 26% to kr3.40

New major risk - Revenue and earnings growth

Third quarter 2024 earnings released: EPS: kr0.02 (vs kr0.098 loss in 3Q 2023)

Precise Biometrics to Showcase Its Security Solution Suite At Skydd 2024 Tradeshow

Precise Biometrics AB (publ) Launches Anti-Tampering Software, Biolive, in New Verticals

Second quarter 2024 earnings released: kr0.07 loss per share (vs kr0.087 loss in 2Q 2023)

We Think Precise Biometrics (STO:PREC) Can Easily Afford To Drive Business Growth

Precise Biometrics AB (publ) to Report Q1, 2025 Results on May 13, 2025

New minor risk - Profitability

First quarter 2024 earnings released: kr0.04 loss per share (vs kr0.15 loss in 1Q 2023)

Forecast to breakeven in 2026

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Now 24% undervalued

Precise Biometrics (STO:PREC) Has Debt But No Earnings; Should You Worry?

Precise Biometrics Introduces Palm Recognition - A New Addition to Its Biometrics Portfolio

Full year 2023 earnings: EPS and revenues exceed analyst expectations

New minor risk - Share price stability

Precise Biometrics AB (Publ) Announces Resignation of Annika Freij as CFO in 2024

Precise Biometrics AB (publ), Annual General Meeting, May 22, 2024

New major risk - Revenue and earnings growth

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Now 21% undervalued after recent price drop

Estimating The Fair Value Of Precise Biometrics AB (publ) (STO:PREC)

Precise Biometrics AB (publ) to Report Q1, 2024 Results on May 14, 2024

Precise Biometrics Appoints Henrik Winberg to the Role of CCO for the Algo Business Area

Is It Time To Consider Buying Precise Biometrics AB (publ) (STO:PREC)?

Precise Biometrics AB Announces CEO Changes

Second quarter 2023 earnings: Revenues miss analyst expectations

No longer forecast to breakeven

New major risk - Shareholder dilution

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Precise Biometrics AB (publ), Annual General Meeting, May 10, 2023

Full year 2022 earnings: EPS and revenues miss analyst expectations

Now 41% undervalued after recent price drop

Now 22% undervalued

Should You Think About Buying Precise Biometrics AB (publ) (STO:PREC) Now?

Full year 2022 earnings released: kr0.56 loss per share (vs kr0.37 loss in FY 2021)

Precise Appoints Joakim Nydemark to EVP and CCP Algo

Precise Biometrics AB (publ) to Report Q2, 2023 Results on Aug 15, 2023

Precise Biometrics AB (Publ) Announces Resignation of Fredrik Sjöholm as EVP and CCO

Consensus revenue estimates fall by 17%

Third quarter 2022 earnings released: kr0.19 loss per share (vs kr0.081 loss in 3Q 2021)

Third quarter 2022 earnings released: kr0.19 loss per share (vs kr0.081 loss in 3Q 2021)

Consensus forecasts updated

Second quarter 2022 earnings released: kr0.11 loss per share (vs kr0.13 loss in 2Q 2021)

Precise Biometrics AB (publ) to Report Q1, 2023 Results on May 12, 2023

Insufficient new directors

First quarter 2022 earnings released

Price target decreased to kr1.40

Full year 2021 earnings: EPS and revenues miss analyst expectations

Price target decreased to kr1.40

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Precise Biometrics AB (publ), Annual General Meeting, May 19, 2022

Precise Biometrics AB (publ) Announces CEO Changes

Consensus revenue estimates increase by 11%

We're Not Very Worried About Precise Biometrics' (STO:PREC) Cash Burn Rate

Chief Financial Officer Ulrik Nilsson has left the company

Second quarter 2021 earnings released: kr0.01 loss per share (vs kr0.004 loss in 2Q 2020)

First quarter 2021 earnings released: kr0.01 loss per share (vs kr0.001 profit in 1Q 2020)

New 90-day high: kr1.27

Full year 2020 earnings released: kr0.03 loss per share (vs kr0.003 profit in FY 2019)

Earnings beat expectations, revenue disappoints

Precise Biometrics AB (publ) to Report Q1, 2021 Results on May 12, 2021

Precise Biometrics' (STO:PREC) Shareholders Are Down 76% On Their Shares

Precise Biometrics AB (publ) to Report Fiscal Year 2020 Final Results on Mar 30, 2021

Is Precise Biometrics AB (publ) (STO:PREC) Potentially Undervalued?

Will The ROCE Trend At Precise Biometrics (STO:PREC) Continue?

Investor sentiment improved over the past week

Chief Financial Officer recently bought kr53k worth of stock