Precise doubles sales
Biometric Technology Today · 2005
Swedish fingerprint and smart card technology company Precise Biometrics managed to more than double its sales revenue in 2004 reaching SEK 30 million (US$4.3 million) compared with SEK 13.6 million (US$1.95 million) in 2003. The company failed to make a profit, but managed to rein in its net losses from SEK54.1 million (US$7.8 million) in 2003 to SEK38.1 million (US$5.46 million) in 2004.