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[ANALYST] Redeye

Added to YB: 2024-05-07

Pitch date: 2024-04-26

PREC.ST [bullish]

Precise Biometrics AB (publ)

+40.49%

current return

Author Info

We perform researched powered investment banking with a belief that Scandinavia will be a hotspot for the major future innovations within tech and lifescience. Visit their website.

Company Info

Precise Biometrics AB (publ) offers identification software for the secure authentication of people’s identity in Sweden, Taiwan, Denmark, Finland, Norway, and internationally.

Market Cap

SEK 349.4M

Pitch Price

SEK 1.62

Price Target

3.90 (+71%)

Dividend

N/A

EV/EBITDA

-20.36

P/E

-14.76

EV/Sales

4.26

Sector

Software

Category

growth

Show full summary:
Precise Biometrics AB - $PREC.ST

Precise Biometrics (PREC.ST): Global fingerprint algorithm leader entering biometric access solutions. Expanding recurring rev base + high-margin algorithms drive profitability. Redeye initiates at SEK3.9 PT on DCF. Ultrasound sensors & Digital Identity expansion key. Low 0.9x 2024e EV/S offers attractive risk-reward.

Read full article (7 min)