Bio-key International Stock Fair Value Calculation – BIO-key Joins Forces with AWS to Develop Identity and Access Management Solutions in EMEA
June 12, 2023
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BIO-KEY ($NASDAQ:BKYI): BIO-key International, Inc. is a provider of biometric authentication and security solutions to consumers, enterprises, and government agencies. The company recently announced that it has partnered with AWS Partner Network to develop Identity and Access Management (IAM) solutions for the European, Middle East, and African (EMEA) regions. The aim of this partnership is to offer customers in the EMEA region greater security, better access control, and improved compliance. The BIO-key IAM solutions are powered by the company’s patented biometric authentication technology, which recognizes individual users based on their unique biometric traits and allows them to securely access the applications and data they need. This offers businesses in the EMEA region greater efficiency and improved security.
The partnership between BIO-key and AWS will enable customers to quickly and easily integrate BIO-key’s IAM solutions into their current IT systems. This will allow customers to leverage the latest in biometric authentication technology to secure their digital resources and ensure compliance with various industry regulations. This will help ensure that customer data is secure and that businesses are able to comply with industry regulations.
Price History
BIO-KEY INTERNATIONAL, a global biometrics and identity assurance provider, announced on Monday that it has joined forces with Amazon Web Services (AWS) to develop identity and access management (IAM) solutions for customers in the European, Middle Eastern and African (EMEA) regions. The partnership aims to enable customers to deploy BIO-KEY’s identity and access management solutions on AWS, allowing them to access, manage and control access to their critical data and applications. With AWS, BIO-KEY can extend its offering to customers in the EMEA region, providing a secure and reliable IAM solution that is tailored to their specific needs.
The news of the partnership sent BIO-KEY stock lower on Monday, with shares opening at $0.7 and closing at $0.7, down by 2.0% from prior closing price of 0.8. Despite the decline, BIO-KEY remains confident that the collaboration will bring long-term benefits to its customers in the EMEA region. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Bio-key International. More…
| Total Revenues | Net Income | Net Margin |
| 8.16 | -11.44 | -112.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Bio-key International. More…
| Operations | Investing | Financing |
| -6.23 | -0.7 | 1.9 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Bio-key International. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 11.06 | 5.03 | 0.65 |
Key Ratios Snapshot
Some of the financial key ratios for Bio-key International are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 53.9% | – | -138.8% |
| FCF Margin | ROE | ROA |
| -77.3% | -124.9% | -64.0% |
Analysis – Bio-key International Stock Fair Value Calculation
At GoodWhale, we conducted a thorough analysis of BIO-KEY INTERNATIONAL‘s fundamentals. Based on our proprietary Valuation Line, we believe the fair value of its shares is around $3.2. Currently, BIO-KEY INTERNATIONAL’s stock is being traded at $0.7, which represents a 78.0% undervaluation. This makes it an attractive opportunity for potential investors. More…
Peers
They are a prominent player in the biometric authentication and cybersecurity space, competing against other companies such as C-Link Squared Ltd, Liberty Defense Holdings Ltd, and First Responder Technologies Inc. All of these companies are focused on developing solutions that improve security and safety in the digital world.
– C-Link Squared Ltd ($SEHK:01463)
C-Link Squared Ltd is a technology company that specializes in the development and implementation of secure communications, networking and analytics solutions. It operates in a wide range of industries, including government, healthcare, law enforcement, finance, and more. The company has a market cap of 4.2 billion as of 2023 and a Return on Equity (ROE) of 2.3%. This indicates that its profitability is strong and that it is well positioned to continue to grow and expand its operations. Through its strong performance, C-Link Squared Ltd has been able to generate consistent returns to its shareholders.
– Liberty Defense Holdings Ltd ($TSXV:SCAN)
Liberty Defense Holdings Ltd is an advanced security technology company that specializes in the development of integrated, multi-layered 3D radar and artificial intelligence solutions for public safety and security. The company’s products use radar imaging and advanced algorithms to detect hidden weapons, explosives, and other threats in both indoor and outdoor settings. Liberty Defense Holdings Ltd has a market cap of 19.7M as of 2023. Its Return on Equity (ROE) is -233.9%, indicating that the company’s profits are not keeping up with its investments. This suggests that Liberty Defense Holdings Ltd may be struggling to generate adequate returns on its investments and that further investments may be necessary in order to improve its financial health.
– First Responder Technologies Inc ($OTCPK:WPNNF)
First Responder Technologies Inc is a company that provides software-as-a-service solutions to first responders and public safety agencies. The company’s market cap of 3.19M as of 2023 reflects its current size and financial stability. With a Return on Equity of 17.14%, First Responder Technologies Inc is an attractive investment for investors seeking long-term returns with a relatively low level of risk. The company’s products are designed to help first responders and public safety agencies increase efficiency, reduce costs, and improve their overall response time. In addition, First Responder Technologies Inc is committed to providing innovative services and solutions that can help first responders save lives and protect their communities.
Summary
BIO-KEY International is a biometrics technology company specializing in identity verification solutions. Their products enable organizations to protect confidential data, and provide secure access to information and digital resources. Through their integration with the Amazon Web Services Partner Network, BIO-KEY has developed Identity and Access Management (IAM) solutions, which allow companies to apply a streamlined authentication process that is secure yet user-friendly.
Utilizing their innovative biometric technology, BIO-KEY aims to help organizations protect the integrity of their data while enhancing user experience. Investors should consider BIO-KEY as a potential addition to their portfolio due to their expanding customer base, competitive advantages, and growing opportunities within the IAM market.
