Aware, Inc.

Aware, Inc.

AWRE
Aware, Inc.US flagNASDAQ Global Market
1.28
USD
+0.06
- -
27.71MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.86
1.04
0.86
0.94
0.71
0.75
0.57
0.53
0.78
0.74
0.87
0.82
0.82
0.61
Basic EPS, GAAP
0.12
0.2
0.2
0.18
0.05
0.06
-0.39
-0.35
-0.27
-0.08
-0.35
-0.21
-0.28
-0.28
Free Cash Flow per Basic Share
0.12
0.27
0.29
0.16
0.16
0.02
-0.14
-0.27
-0.29
-0.27
0.09
-0.15
-0.26
-0.19
Dividend per Share
- -
1.76
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3.77
2.3
2.45
2.59
2.82
2.88
2.49
2.14
1.92
1.91
1.63
1.46
1.22
- -
Tangible Book Value per Share
3.77
2.3
2.45
2.59
2.82
2.88
2.49
2
1.63
1.63
1.37
1.22
1
- -
Basic Weighted Avg Shares
23
23
23
23
22
22
22
21
22
22
21
21
21
21
Sales/Revenue/Turnover
19
24
20
22
15
16
12
11
17
16
18
17
17
13
Operating Margin (%)
23.44
20.92
19.73
23.64
-3.07
1.93
-34.23
-83.33
-36.18
-49.95
-36.49
-31.89
-37.92
-48.55
Depreciation Expense
- -
1
1
1
1
- -
- -
1
1
1
1
1
1
- -
Net Income, GAAP
3
5
5
4
1
1
-8
-8
-6
-2
-7
-4
-6
-6
Effective Tax Rate (%)
33.82
36.83
- -
33.69
35.17
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
13.41
19.32
23.52
19.03
6.47
7.64
-68.34
-67.33
-34.56
-10.78
-40.09
-25.48
-33.96
-45.28
Working Capital
76
45
49
51
51
53
50
38
33
31
28
25
21
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
4
4
4
3
- -
Total Equity
85
52
56
58
61
62
53
46
42
40
34
31
26
- -
Return on Invested Capital (%)
3.6
4.56
- -
5.92
-0.52
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
3.11
6.66
8.5
7.2
1.69
2.01
-14.46
-15.37
-13.36
-4.22
-19.63
-13.59
-20.6
-42.55

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1
1
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
3
3
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
21
22
22
Market Capitalization
40
27
29

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
28
24
- -
Cash, Cash Equivalents & STI
22
20
- -
Accounts Receivable, Net
3
2
- -
Inventories
- -
- -
- -
Total Current Liabilities
8
7
- -
Payables & Accruals
2
2
- -
ST Debt
1
1
- -
Deferred Revenue
5
4
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-7.06%
-10.45%
-15.4%
Free Cash Flow
-115.33%
-66.86%
73.52%
Net Income, GAAP
-62.56%
44.6%
32.54%
Sales/Revenue/Turnover
0.7%
10.55%
-0.55%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4
4
4
5
17
2025
4
4
5
5
17
2026
3
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.05
-0.05
-0.06
-0.06
-0.21
2025
-0.08
-0.08
-0.05
-0.07
-0.28
2026
-0.16
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ajay K. Amlani
Full Time Employees
80
Sector
Technology
Industry
Software - Application
Address
76 Blanchard Road Burlington MA United States of America 01803
IPO Date
Aug 9, 1996
Website
aware.com
Business
Aware, Inc. (NASDAQ: AWRE) provides biometrics software products and services for identity verification and authentication to government agencies and commercial enterprises worldwide. The company develops and markets core offerings including Knomi, a mobile biometric authentication platform supporting face and voice modalities with FIDO certification; AwareABIS, an automated biometric identification system for large-scale fingerprint, face, and iris matching; the AFIX suite for law enforcement applications encompassing AFIX Tracker, AFIX Face, AFIX Verifier, AFIX Identifier, AFIX Comparator, AFIX Engine, and AFIX NIST Transaction Engine; BioSP, a biometric integration platform-as-a-service; WebEnroll, a browser-based enrollment solution; and AwareID, a SaaS platform for identity verification and continuous authentication. Aware operates globally with a focus on public sector and commercial markets such as financial services, healthcare, and border management. Founded in 1986 and headquartered in Bedford, Massachusetts, the company advances its Awareness Platform to transform biometric data into actionable insights while emphasizing recurring revenue through SaaS and subscriptions, which comprised 71% of total revenue in 2023. Recent developments include new product innovations such as 14X faster face matching and Intelligent Liveness detection launched in 2025; FIDO Alliance certification for Face Verification in October 2025; expansion of partnerships with a major U.S. federal agency and a new financial services customer; and strategic progress in go-to-market execution across public and commercial sectors as reported in Q2 and Q3 2025 financial results. Management demonstrated conviction through 19 insider share purchases from November 2024 to November 2025, coinciding with a 60% year-to-date stock recovery. The prior 2021 acquisition of Fortress Identity bolstered digital identity capabilities, supporting ongoing transition to a subscription model.

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