Aware Q2 revenue doubles YoY to $4.3M; net loss narrows to $1.5M

AWARE INC /MA/

2021-Q2 EPS reported -$0.14 revenue$8,682,000

Q2 2021 revenue $4.3M, up 2.3x from $1.9M in Q2 2020; subscription-based revenue drove growth.
Net loss $1.5M ($0.07/diluted) vs $3.1M ($0.15) in Q2 2020; adjusted EBITDA loss $0.9M vs $3.3M.
First-half 2021 revenue $8.7M, net loss $3.0M ($0.14/share) vs $4.2M ($0.20) in H1 2020.
Knomi transactions 18M in H1 2021 (vs 11M in all 2020); AFIX integration completed.
Cash $35.2M at June 30, 2021 vs $38.6M at Dec 31, 2020; strong balance sheet.

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