Precise Biometrics AB: Positive adjusted EBITDA and merger create momentum

Financial report Q1 2026, Jan - Mar 2026

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."

For further information, please contact

Joakim Nydemark, CEO
E-mail: [e-mail]

About Precise Biometrics

Precise Biometrics AB (publ) ("Precise") is a global leader in biometric security and identity management for physical and digital security. The offering includes algorithm products and biometric systems for fingerprint, facial, and palm recognition, along with turnkey solutions for biometric physical access (Precise Access) and visitor management (Precise Visit by EastCoast). The premium solutions enable secure and seamless access to data, mobile devices, premises, and trusted identities.

Precise operates through two business units, Digital Identity and Biometric Technologies, and the company has offices in Sweden (HQ in Lund), the US, South Korea, Taiwan, and China. Precise is a public company listed on Nasdaq Stockholm (PREC). Learn more at www.precisebiometrics.com.

This information is information that Precise Biometrics is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-05-13 08:00 CEST.