Key financial info for Q3 2026
From merger to execution and commercial progress
Financial report
Q3 2026
CEO interview
“We have made significant progress with the integration, strengthened our commercial organization, and are already seeing tangible results through new business expected to generate revenue in 2027. The results for the quarter reflect the costs we need to incur to complete the integration, realize cost synergies, and build a stronger company. We are fully focused on building a company with a stronger offering in biometric security, access, and identity, creating greater customer value, new business opportunities, and a stronger position higher up the value chain.”
Joakim Nydemark, CEO at Precise
Highlights
The key highlights for the quarter are.
- New orders show the way
- 75% of SEK 45 million cost synergies achieved
- Financial balance in 2027
Key financial metrics
Amounts in SEK thousands unless otherwise stated.
| 2026 | 2025 | 2026 | 2025 | |
|---|---|---|---|---|
| Jul-Sep | Jul-Sep | Jan-Sep | Jan-Sep | |
| Net sales | 24 563 | 20 006 | 56 371 | 60 797 |
| Net sales growth, % | 22,8% | -12,3% | -7,3% | -6,6% |
| Gross margin, % | 56,9% | 75,8% | 64,1% | 73,8% |
| EBITDA | -26 313 | 4 351 | -34 166 | 2 115 |
| Adjusted EBITDA | -9 478 | 4 351 | -13 569 | 2 115 |
| Operating profit/loss (EBIT) | -32 044 | -641 | -48 706 | -13 399 |
| Adjusted operating profit/loss (EBIT) | -15 209 | -641 | -28 109 | -13 399 |
| Operating margin, % | -130,5% | -3,2% | -86,4% | -22,0% |
| Cash flow from the operating activities | -40 862 | 1 662 | -33 635 | 5 071 |
| Cash and cash equivalents | 47 903 | 31 275 | 47 903 | 31 275 |
| Annual Recurring Revenue Digital Identity | 19 238 | 18 412 | 19 238 | 18 412 |
Significant events
Significant events during the quarter
- Jul 20, 2026: The merger with Fingerprint Cards was completed, laying the foundations for a stronger, more competitive Precise, with a broader offering and better conditions for profitable growth.
- Aug 13, 2026: The rights issue provided the company with approximately SEK 100 million before issue costs and strengthened the financial conditions for integration, realization of cost synergies and commercial development.
- Sep 3, 2026: PamirAI chose FPC AllKey Pro for its new AI Agent Computer, confirming the technology’s competitiveness and opening up opportunities in new areas of application.
- Sep 11, 2026: A new distribution partnership with AqTronics strengthened Precise’s commercial presence in India and Vietnam and created new opportunities to reach customers in two important growth markets.
- Sep 15, 2026: The continued collaboration with IOTRUST on the next generation of D'CENT crypto wallets confirmed Precise’s strong position in the field of secure biometric authentication.
- Sep 29, 2026: Corporate management was strengthened with a clearer commercial and product-oriented organization to accelerate integration and drive the company’s continued development.
Significant events after the end of the interim period
- Oct 1, 2026: Precise Visit was expanded with integrated queue management, which broadened the offering in visitor management and boosted opportunities to meet customers’ needs for efficient and secure visitor flows.
- Oct 15, 2026: Precise received two new orders to a total value of approximately SEK 15 million, with revenue expected in 2027. The deals confirmed the competitiveness of the company’s offering and strengthened the conditions for continued growth in secure biometric authentication.