Sweden's Fingerprint Cards Q1 revenue rises 4%, gross margin improves

Fingerprint Cards AB

13/05/2026 06:17

Overview

Sweden biometrics tech firm's Q1 2026 revenue rose 4% yr/yr

Company's operating profit impacted by SEK 3.0 mln one-time merger-related costs

Shareholders approved merger with Precise Biometrics to expand product breadth and reach

Outlook

Company expects merger with Precise Biometrics to deliver annual cost synergies of at least SEK 45 mln

Company plans to raise SEK 110 mln via rights issue to accelerate growth and synergy capture post-merger

Fingerprint Cards to focus on expanding AllKey platform and customer adoption in coming quarters

Result Drivers

ALLKEY PLATFORM MOMENTUM - Co said new pipeline, products and revenue from the AllKey platform supported Q1 performance

GROSS MARGIN IMPROVEMENT - Higher Q1 gross margin attributed to stronger product mix and shift from volume to value, per CEO

MERGER-RELATED COSTS - Q1 operating profit was impacted by SEK 3.0 mln one-time costs related to planned merger with Precise Biometrics

Company press release: ID:nMFNb5yjwg

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
SEK 18.90 mln
SEK 23 mln (1 Analyst)
Q1 Adjusted EPS
-SEK 10.31
Q1 Gross Margin
62.30%
Q1 EBIT
-SEK 22.90 mln
Q1 EBITDA
-SEK 14.10 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the electronic equipment & parts peer group is "buy"

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)