Sector: Technology | Industry: Electronic Equipment & Parts |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 101 Crawfords Corner Rd, Suite 4116 HOLMDEL NJ 07733 |
Tel: | N/A |
Website: | www.bio-key.com |
IR: | See website |
Key People | ||
Michael W. DePasquale Chairman of the Board, Chief Executive Officer | Kwok Fong Wong Vice Chairman of the Board | Cecilia Welch Chief Financial Officer |
James Sullivan Senior Vice President - Strategy and Compliance, Chief Legal Officer | Mira K. LaCous Chief Technology Officer |
Business Overview |
BIO-key International, Inc. is an identity and access management (IAM) platform provider enabling work-from-anywhere for enterprise, education, and government customers. The Company's products include PortalGuard and PortalGuard identity-as-a-service (IDaaS) enterprise IAM, WEB-key biometric civil and large-scale ID infrastructure, MobileAuth mobile phone authentication application, and accessory fingerprint scanner and hardware to provide a solution. Its PortalGuard is a cloud-based identity platform that allows its customers to integrate with any cloud or on-premises SaaS application, service or cloud host, as well as Windows device authentication through a single IAM platform. It offers WEB-key, which is a biometric service management platform that incorporates various functions for regulatory compliance, enrollment, authentication or identification, and integrity in a multi-tenant private or public cloud delivery platform. It also offers biometric software integration APIs. |
Financial Overview |
For the nine months ended 30 September 2023, BIO-Key International Inc revenues increased 30% to $6.8M. Net loss decreased 54% to $2.3M. Revenues reflect EMESA segment increase from $1.7M to $3.5M, Africa segment increase of 4% to $628K. Lower net loss reflects Seeling General & Administrative decrease of 14% to $5.3M (expense), Research, development and engineering decrease of 26% to $1.8M (expense). |
Employees: | 51 as of Dec 31, 2022 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $5.46M as of Sep 30, 2023 |
Annual revenue (TTM): | $8.59M as of Sep 30, 2023 |
EBITDA (TTM): | -$5.02M as of Sep 30, 2023 |
Net annual income (TTM): | -$9.14M as of Sep 30, 2023 |
Free cash flow (TTM): | -$4.21M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $2.38M as of Sep 30, 2023 |
Shares outstanding: | 1,810,443 as of Jan 30, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |