Västra Hamnen Corp. Finance
Precise Biometrics: Headwind in Q1
• Lower revenue and higher costs than expected
• Long-term growth case intact
• We keep our fair value of 7,25 SEK per share
The reported figures in Precise Biometrics' recent Q1 report were below our expectations. There are three main factors behind this: currency headwinds, the effect of a renegotiated customer contract, and cautiousness among customer during an uncertain period. Despite a bleak report and downward revisions for 2025 we remain optimistic in the long run, which is reflected in the unchanged fair value.
The full report is available here.
Datum | 2025-05-16, kl 16:00 |
Källa | MFN |
