Positive adjusted EBITDA and merger create momentum

First quarter

• Net sales totaled SEK 17.1 (20.0) million
• EBITDA totaled SEK –1.4 (–1.7) million
• The operating profit/loss (EBIT) totaled SEK –5.8 (–7.1) million.
• One-off items totaled SEK 2.0 (0) million, attributable to transaction costs for the merger with Fingerprint Cards AB
• Adjusted EBITDA totaled SEK 0.6 (–1.7) million
• Adjusted operating profit/loss (EBIT) totaled SEK –3.8 (–7.1) million
• Earnings for the period totaled SEK –5.6 (–7.2) million
• Earnings per share before and after dilution totaled SEK -0.07 (-0.09)
• Cash flow from operations totaled SEK 3.9 (2.1) million
• ARR (Annual Recurring Revenue) at the end of the period was SEK 18.7 (18.4) million

Significant events during the quarter

• Notice of Extraordinary General Meeting
• Precise Biometrics launches Palm Access Pro for next-generation biometric access control
• Invitation to presentation of the proposed merger between Precise and Fingerprint Cards
• Precise Biometrics and Fingerprint Cards to create a global leader in biometrics and identity
• Precise showcases biometric physical access at ISC West together with Avigilon
• Accelerated cloud-transformation and new customer wins for Precise Visit
• Precise to speak at MOSIP Connect 2026
• Age Back Co Stockholm selects Precise Access to deliver secure and seamless biometric entry for its members

Significant events after the end of the full-year period

• Precise Biometrics publishes merger document regarding the merger with Fingerprint Cards
• Report from the Extraordinary General Meeting – approval of the merger plan
• The Nomination Committee’s Statement to the AGM 2026

Presentation and live Q&A
Precise has published a video interview with CEO Joakim Nydemark in connection with this report. The video is available on the Investor Relations page: precisebiometrics.com/investors/

The Company will also host a live Q&A on the day of the report. More information and a registration link to the Q&A session may be found on the Investor Relations page: precisebiometrics.com/investors/.

CEO Joakim Nydemark comments

“The merger with Fingerprint Cards marks an important strategic step for us and further strengthens our position through a more comprehensive offering, expanded commercial reach, and a more scalable foundation for future growth. At the same time, the first quarter demonstrates that we have built a business with strong cost control, clear operational discipline, and a strong offering. Despite a continued challenging market environment, we delivered both positive adjusted EBITDA and positive operating cash flow, confirming our adaptability and positioning us well to realize synergies, accelerate growth, and create long-term value for our shareholders.”