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Stock impact report

Aware Reports Fourth Quarter Financial Results

Aware, Inc. (AWRE) 
US:NASDAQ Investor Relations: ir.aware.com/investor-relations
Company Research Source: GlobeNewswire
Full Year Total Revenue Grew 14% to $18.2 Million, Marking Highest Level Since 2016 Annual Recurring Revenue (ARR) increased 23% to Record $12 Million, Exceeding Total Revenue Reported at Beginning of Transformation in FY 2020 BURLINGTON, Mass., March 12, 2024 (GLOBE NEWSWIRE) -- Aware, Inc. (NASDAQ: AWRE), a global biometric platform company that uses data science, machine learning, and artificial intelligence to tackle everyday business and identity challenges through biometrics, today reported financial results for the fourth quarter and fiscal year ended December 31, 2023. Full Year 2023 Financial Highlights Total revenue increased 14% to $18.2 million from $16.0 million in 2022, representing the highest level of total revenue since 2016.Annual Recurring Revenue (ARR) increased 23% to an all-time high of $12.0 million, compared to $9.7 million in 2022 and $5.5 million in 2019.Recurring revenue (a non-GAAP metric reconciled below) increased to a record $11.0 million, Show less Read more
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