Annual Report 2009
- CEO comments
- Events during the year
- This is Precise Biometrics
- History
- Technology and solutions
- Geographical markets
- Market segments
- Customers
- Voices from the industry
- Employees
- Sustainability
- The share and shareholders
- Risks
- Five-year review
- Key ratios
- Administration report
- Financial Reports
- Assurance
- Audit report
- Corporate governance report
- Board of Directors
- Management
- Auditors
- FInancial glossary
- Shareholder information
- Contact
Events during the year
Net revenue...
...for the financial year amounted to SEK 68.7 million (45.9)
Net result...
...for the financial year amounted to SEK -21.8 million (-54.2).
Results per share...
...for the financial year amounted to SEK -0.19 (-0.54).
Liquid assets...
...at the end of the financial year amounted to SEK 40.9 million (11.3).
The largest order...
...in the company’s history was received in the third quarter. The order, worth approximately USD 6.0 million, came from US government agencies within the US Cyber Security framework. Final delivery of the order will be during the first quarter 2010.
The Nigerian company Interswitch...
...joined a partnership with Precise Biometrics. The cooperation aims at developing bank applications for the West African market. A first project worth 200 000 Euros in license sales, has already been initiated and invoiced.
A follow-up order ...
...of hardware and software at a value of SEK 2.1 million was received from an existing government customer in the Middle East
Together with Gemalto...
...the world largest smart card provider, Precise Biometrics introduced Gemalto .NET Bio, a computer logon solution for Windows. In November, the solutions was presented as compatible with Microsoft’s new operating system Windows 7 at Cartes, the world’s largest smart card event in Paris.
A rights issue...
...with preferential rights, which supplied the Company with SEK 50.6 million before issue costs was completed during 2009. The rights issue with no underwriting agreements was subscribed to 178% and is implemented to finance further expansion and increase market penetration in prioritized segments.
The subsidiary Precise Biometrics Solutions AB...
...was restructured due to unfulfilled expectations within the Aviation sector. As an effect Precise Biometrics AB has, during the third quarter, written down the goodwill value of SEK 5.0 million in the subsidiary.
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