Brief: Precise Biometrics Q2 EBITDA Swings To Loss Of SEK 0.8 Mln

Precise Biometrics AB

12/08/2021 07:22

Aug 12 (Reuters) - Precise Biometrics AB  PREC.ST :
    * Q2 NET SALES TOTALED SEK 18.7 (23.6) MILLION
    * Q2 EBITDA TOTALED SEK -0.8 (2.0) MILLION
    * WE ARE SEEING THAT COMPANY WILL ACHIEVE PROFITABILITY
    * FOLLOWING INITIATIVES IN DIGITAL IDENTITY, COMBINED WITH
IMPACT
OF COMPONENT SHORTAGE, EBITDA TOTALED SEK -0.8 MILLION DESPITE
FALL IN ROYALTY REVENUES
    * ADJUSTED FOR INITIATIVES IN DIGITAL IDENTITY, WE SEE
STRONG
UNDERLYING PROFITABILITY IN COMPANY

Source text for Eikon:  ID:nMFNb2254j 
Further company coverage:  PREC.ST 

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