Aware reports Q1 2022 revenue $4.7M (+6% YoY); recurring revenue up 30%

AWARE INC /MA/

2022-Q1 EPS reported -$0.06 revenue$4,692,000

Revenue $4.7M, highest since 2018, up 6% YoY and 17% sequentially.
Recurring revenue grew 30% YoY; subscription revenue up 73% YoY.
Net loss $1.3M ($0.06/diluted share); adjusted EBITDA loss improved to $0.6M from $1.1M YoY.
Cash and equivalents $25.1M at Mar 31, down from $30.0M at Dec 31, 2021.
Strategic investment of $2.5M in MIRACL parent Omlis; partnership with Anonybit.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.