Aware Earnings Calls

Q4 2024
Release date Mar 05, 2025
EPS estimate -
EPS actual -$0.0600
Revenue estimate -
Revenue actual -
Q3 2024
Release date Oct 30, 2024
EPS estimate -
EPS actual -$0.0600
Revenue estimate -
Revenue actual 3.849M
Q2 2024
Release date Aug 08, 2024
EPS estimate -
EPS actual -$0.0500
Revenue estimate 4.1M
Revenue actual 4.322M
Revenue Surprise 5.41%
Q1 2024
Release date May 02, 2024
EPS estimate -
EPS actual -$0.0500
Revenue estimate -
Revenue actual 4.421M

Last 4 Quarters for Aware

Below you can see how AWRE performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.

Q1 2024
Release date May 02, 2024
Fiscal end date Mar 31, 2024
Price on release $2.07
EPS estimate -
EPS actual -$0.0500
Date Price
Apr 26, 2024 $1.71
Apr 29, 2024 $1.86
Apr 30, 2024 $1.96
May 01, 2024 $2.10
May 02, 2024 $2.07
May 03, 2024 $1.83
May 06, 2024 $1.96
May 07, 2024 $2.11
May 08, 2024 $2.12
4 days before 21.05%
4 days after 2.42%
On release day -11.59%
Change in period 23.98%
Q2 2024
Release date Aug 08, 2024
Fiscal end date Jun 30, 2024
Price on release $2.12
EPS estimate -
EPS actual -$0.0500
Date Price
Aug 02, 2024 $2.03
Aug 05, 2024 $1.96
Aug 06, 2024 $2.08
Aug 07, 2024 $2.07
Aug 08, 2024 $2.12
Aug 09, 2024 $2.69
Aug 12, 2024 $2.80
Aug 13, 2024 $2.61
Aug 14, 2024 $2.64
4 days before 4.43%
4 days after 24.53%
On release day 26.89%
Change in period 30.05%
Q3 2024
Release date Oct 30, 2024
Fiscal end date Sep 30, 2024
Price on release $2.07
EPS estimate -
EPS actual -$0.0600
Date Price
Oct 24, 2024 $2.01
Oct 25, 2024 $2.02
Oct 28, 2024 $2.07
Oct 29, 2024 $2.07
Oct 30, 2024 $2.07
Oct 31, 2024 $1.63
Nov 01, 2024 $1.54
Nov 04, 2024 $1.50
Nov 05, 2024 $1.54
4 days before 2.99%
4 days after -25.60%
On release day -21.26%
Change in period -23.38%
Q4 2024
Release date Mar 05, 2025
Fiscal end date Dec 30, 2024
Price on release $1.51
EPS estimate -
EPS actual -$0.0600
Date Price
Feb 27, 2025 $1.60
Feb 28, 2025 $1.60
Mar 03, 2025 $1.47
Mar 04, 2025 $1.49
Mar 05, 2025 $1.51
Mar 06, 2025 $1.43
Mar 07, 2025 $1.54
Mar 10, 2025 $1.48
Mar 11, 2025 $1.56
4 days before -5.63%
4 days after 3.30%
On release day -5.30%
Change in period -2.51%

Aware Earnings Call Transcript Summary of Q4 2024

Amlani expressed a commitment to strengthening Aware's position in the biometric market and to enhancing its go-to-market execution.

Market Opportunity:

  • Aware aims to capitalize on the increasing demand for secure identity verification amid rising concerns of AI-driven fraud.
  • There is a critical market opportunity for biometric solutions as traditional authentication methods become inadequate.

Strategic Focus:

  • Aware has outlined three key priorities:
    • Deepening Strategic Partnerships: Strengthening relationships with government and commercial partners to drive broader adoption of biometric solutions.
    • Advancing Technological Innovation: Enhancing product offerings to cement Aware's status as a leader in biometric authentication.
    • Expanding Market Presence: Increasing brand awareness and market penetration in various sectors.

Financial Performance:

  • Q4 2024 Results:
    • Total revenue rose 10% to $4.8 million, driven by a one-time $1 million software license sale to a European government.
    • Recurring revenue declined slightly to $3.3 million due to timing in revenue recognition.
    • Operating expenses decreased by 29% to $6.3 million, improving operating loss to $1.5 million from $4.5 million the previous year.
  • Full Year 2024 Results:
    • Total revenue was $17.4 million, down from $18.2 million in 2023, primarily affected by software license revenue fluctuations.
    • Recurring revenue grew 9% to $12 million, constituting 69% of total revenue.
    • Operating loss improved to $5.5 million from $8.5 million in 2023.

Balance Sheet:

  • As of December 31, 2024, cash and cash equivalents stood at $27.8 million, down from $30.9 million at the end of 2023.

Future Outlook:

  • Aware anticipates ongoing revenue fluctuations in 2025 as it refines its strategy.
  • The company is focused on sustainable growth, emphasizing long-term opportunities in the biometric industry.

M&A Considerations:

  • While Aware's priority is on organic growth, the company is open to potential M&A opportunities that align with its strategic goals.

CEO Investment:

  • Ajay Amlani personally holds approximately 205,000 shares (just under 1% of the company), indicating his confidence in Aware's potential and alignment with shareholder interests.

Conclusion:

Aware is taking decisive steps to optimize operations and strengthen its market position under new leadership, focusing on both immediate challenges and long-term growth potential. Investors should watch for updates in Q1 2025 as the company reports on its progress.

Aware Earnings History

Earnings Calendar

FAQ

When is the earnings report for AWRE?
Aware (AWRE) has scheduled its earnings report for Apr 30, 2025 before the markets open.

What is the AWRE price-to-earnings (P/E) ratio?
AWRE P/E ratio as of Mar 17, 2025 (TTM) is -4.59.

What is the AWRE EPS forecast?
The forecasted EPS (Earnings Per Share) for Aware (AWRE) for the first fiscal quarter 2025 is $.

What are Aware's retained earnings?
On its balance sheet, Aware reported retained earnings of $0 for the latest quarter ending Dec 30, 2024.

What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.

Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.

What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
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ABOUT AWARE
Aware
Aware, Inc. provides biometrics software products and solutions in the United States, Brazil, the United Kingdom, and internationally. It offers biometrics software products, including biometric search and matching software development kits (SDKs); biometric enrollment SDKs and application programming interfaces (APIs); and imaging products for medical and advanced imaging applications, such as JPEG2000 product to compress, store, and display ima...
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