No surprises - report in line with expectations
Q4'23 was broadly in line with our expectations on both sales and EBITDA. The Algo segment is still adversely impacted by overstocked OEMs, but it is nevertheless improving. Digital Identity grew its ARR 3% sequentially to SEK 18.3m. While Digital Identity is still in a nascent stage, we can see Precise Biometrics benefit from operating this segment once appropriate sales channels and partnerships are fully established.
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