Pricing Log in Create free account
Saturday 17 October 2026 Export AWRE’s income statement to Excel — free account

Aware, Inc.

AWRE Technology Software Application

Aware, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $17.3 million, down 0.55% from fiscal 2024. In the quarter to June 2026, revenue fell 16.5%, EPS fell 50.0% and free cash flow fell 140.1%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

0.90 0.02 +2.27%
Market cap
$19.2M
P/E
0.0×
Fwd P/E
−13.2×
Dividend yield
—
F-score
3/9
Altman Z
−0.17
Beneish M
−2.45
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.35
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy 1 — — — 2 — 7 2 1 2 — —
Sell — — — — — — — — — — — —
Insider Ownership 45.37%

Capital & Financial Ratios $m

Market Cap 19.21
Revenue 16.43
Net Income (8.53)
Free Cash Flow (6.75)
Net Debt (16.84)
Current Ratio 3.73 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E (13.20) (negative: loss-making)
P/S ratio 1.19
P/B ratio 0.94
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next Y revenue growth 17.30% (at or above 10%: strong)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 0.2×, against a ten-year median of 1.5×; over the ten years it ranged from −0.2× in 2023 to 5.0× in 2021.
P/S against its own 10 years 0.07%
10-year low 10-year high
P/B against its own 10 years 10.62%
10-year low 10-year high
EV/Sales against its own 10 years 1.30%
10-year low 10-year high
EV/FCF against its own 10 years 1.30%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
2017 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 31 28 22 17
Receivables 4 4 4 3
Inventory — — — —
Other — — — —
36 33 28 21
2023 2024 2025 Q'26
Payables 0 1 1 1
ST’ Debt — — — —
Other — — — —
8 8 8 6

Compound Annual Growth %

10y 5y 3y
Sales (1.26%) 8.87% 2.61%
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value (7.37%) (10.56%) (13.37%)

Revenue $m

Mar Jun Sep Dec Year
’26 3 3 — — —
’25 4 4 5 5 17
’24 4 4 4 5 17
’23 4 3 6 4 18
’22 5 4 3 4 16
’21 4 4 4 4 17
’20 4 2 2 3 11
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (3) (3) — — —
’25 (3) (1) (2) 1 (5)
’24 (2) (1) (1) 1 (3)
’23 (1) (2) 2 3 2
’22 (2) 0 (2) 0 (5)
’21 (2) (1) (2) (1) (6)
’20 (1) (1) (2) (1) (5)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (3) (3) — — —
’25 (3) (1) (2) 1 (6)
’24 (2) (1) (1) 1 (3)
’23 (2) (2) 2 3 2
’22 (2) 0 6 (1) 3
’21 (2) (1) (2) (1) (6)
’20 (1) (1) (2) (1) (6)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.16) (0.12) — — —
’25 (0.08) (0.08) (0.05) (0.07) (0.28)
’24 (0.05) (0.05) (0.06) (0.06) (0.21)
’23 (0.07) (0.13) 0.05 (0.20) (0.35)
’22 (0.06) (0.06) 0.12 (0.08) (0.08)
’21 (0.07) (0.07) (0.07) (0.06) (0.27)
’20 (0.05) (0.15) (0.08) (0.08) (0.35)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 2.81 4.35 3.00 2.66 2.02 2.85 1.32 1.05 1.35 1.37

Analyst estimates 2026–2028

Powerpack
High 6.70 6.50 4.65 4.14 3.88 6.52 3.80 1.94 2.97 2.95
People
People Employees 68 68 67 71 90 81 82 73 64 80
Revenue/emp, $m 0.32 0.23 0.24 0.17 0.13 0.21 0.20 0.25 0.27 0.22
Income, $m
Income, $m Revenue 22 15 16 12 11 17 16 18 17 17
Gross margin, % 90.26 94.34 92.31 89.67 92.84 92.82 92.13 93.02 95.20 92.35
EBT 6 2 1 (3) (9) (6) (2) (7) (4) (6)
EBT margin, % 28.69 9.98 7.59 (25.64) (81.78) (36.15) (10.48) (39.77) (25.18) (32.48)
Net income 4 1 1 (8) (8) (6) (2) (7) (4) (6)
Depreciation 1 1 0 0 1 1 1 1 1 1
Per share, $
Per share, $ Revenue 0.94 0.71 0.75 0.57 0.53 0.78 0.74 0.87 0.82 0.82
Earnings 0.18 0.05 0.06 (0.39) (0.35) (0.27) (0.08) (0.35) (0.21) (0.28)
Cash flow 0.17 0.17 0.03 (0.14) (0.25) (0.29) (0.23) 0.09 (0.15) (0.25)
Capex 0.00 0.00 (0.01) (0.01) (0.02) 0.00 0.36 0.00 0.00 (0.01)
Free cash flow 0.16 0.16 0.02 (0.14) (0.27) (0.29) 0.13 0.09 (0.15) (0.26)
Book value 2.53 2.78 2.87 2.48 2.13 1.93 1.86 1.63 1.46 1.23
Shares, m 23 22 22 22 21 22 22 21 21 21
Valuation, ×
Valuation, × P/E 34.17 91.38 60.17 0.00 0.00 0.00 0.00 0.00 0.00 0.00
P/S 6.51 6.28 4.82 5.93 6.65 4.02 2.31 1.96 2.37 2.27
P/B 2.43 1.60 1.26 1.35 1.65 1.63 0.92 1.04 1.33 1.50
EV/Sales 4.10 2.94 1.62 2.01 3.24 2.25 0.50 0.26 0.77 0.98
EV/FCF 0.96 0.49 0.29 0.29 0.44 0.46 0.09 0.05 0.16 0.20
Cash, $m
Cash, $m Operating cash flow 4 4 1 (3) (5) (6) (5) 2 (3) (5)
Capex 0 0 0 0 0 0 8 0 0 0
Free cash flow 4 4 0 (3) (6) (6) 3 2 (3) (6)
Balance, $m
Balance, $m Working capital 51 51 53 50 38 33 31 28 25 21
Total debt — — — — — — 5 — — —
Net debt (52) (52) (52) (48) (39) (30) (29) (31) (28) (22)
Shareholders’ equity 58 61 62 53 46 42 40 34 31 26
Returns, %
Returns, % ROA 6.53 1.58 1.88 (13.45) (13.95) (11.65) (3.47) (15.00) (9.96) (14.71)
ROIC 62.29 7.75 2.32 (45.87) (82.90) (32.97) (12.34) (157.77) (112.45) (106.67)
ROE 7.20 1.69 2.01 (14.46) (15.37) (13.36) (4.22) (19.63) (13.59) (20.60)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Aware, Inc. vs peers in Software Application (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
INLX Intellinetics, Inc. $23.3M — (loss-making) — (loss-making) −1.60% (below 0%: shrinking) n/m +1.38% (above 0%: growing) 66.36% (27.62%) Compare
PDC Earlyworks Co., Ltd. Unsponsored ADR $21.5M — — — — −17.83% (below 0%: shrinking) 28.48% 0.00% Compare
FTFT Future FinTech Group Inc. $21.3M 2.4× — (loss-making) −43.92% (below 0%: shrinking) n/m −253.72% (below 0%: shrinking) 58.13% (570.43%) Compare
AWRE Aware, Inc. $19.2M — (loss-making) — (loss-making) −16.46% (below 0%: shrinking) n/m −140.14% (below 0%: shrinking) 84.02% (84.17%)
MNDO MIND C.T.I. Ltd. $18.7M 5.8× 10.7× −2.97% (below 0%: shrinking) +100.00% (above 0%: growing) −86.57% (below 0%: shrinking) 55.39% 14.96% Compare
YMT Yimutian Inc. - Sponsored ADR $17.9M — — — — — — — Compare
AIFF Firefly Neuroscience, Inc. $17.3M — (loss-making) — +71.91% (above 0%: growing) n/m +25.40% (above 0%: growing) 49.22% (384.05%) Compare
YAAS Youxin Technology Ltd $16.2M — — — — −95.02% (below 0%: shrinking) — — Compare
IDAI T Stamp Inc. $15.9M — (loss-making) — (loss-making) +10.73% (above 0%: growing) n/m −205.91% (below 0%: shrinking) 53.49% (266.39%) Compare
Median of peers $18.3M — — −1.60% — −86.57% 54.44% (147.00%)

All 237 Software Application stocks →

Aware, Inc. (AWRE) key facts

  • Concern: Aware, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $17.3 million, down 0.55% from fiscal 2024.
  • Aware, Inc. (AWRE) is a Software Application company in the Technology sector, listed on Nasdaq.
  • As of October 16, 2026, AWRE traded at $0.90, a market capitalization of $19.2 million.
  • Return on equity was −20.6% and debt-to-equity 0.00.
  • Its Piotroski F-score is 3 out of 9 and its Altman Z-score is −0.17 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Aware, Inc. (AWRE) Latest News

No news at this impact. Lower the threshold for more.
stockrow.com/AWRE · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com