Aware reports 49% revenue growth to $16.9M in FY2021; authorizes $10M share repurchase

AWARE INC /MA/

2021-FY EPS reported -$0.27 revenue$16,854,000

Full year 2021 revenue $16.9M, up 49% YoY; net loss $5.8M vs $7.6M in 2020.
Q4 2021 revenue $4.0M; net loss $1.3M ($(0.06) diluted EPS).
Recurring revenue exceeded $9M; subscription revenue tripled year-over-year.
Adjusted EBITDA loss improved to $3.8M in FY2021 from $8.0M in FY2020.
Board authorized up to $10M stock repurchase program through Dec 31, 2023.

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