BIO-key (BKYI) Revenue & Revenue Breakdown
BIO-key Revenue Highlights
Latest Revenue (Y)
$7.75M
Latest Revenue (Q)
$1.14M
Main Segment (Y)
License
Main Geography (Y)
EMESA
BIO-key Revenue by Period
BIO-key Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $7.75M | 10.46% |
| 2022-12-31 | $7.02M | 37.26% |
| 2021-12-31 | $5.11M | 80.29% |
| 2020-12-31 | $2.84M | 25.10% |
| 2019-12-31 | $2.27M | -43.94% |
| 2018-12-31 | $4.04M | -35.83% |
| 2017-12-31 | $6.30M | 111.81% |
| 2016-12-31 | $2.98M | -43.44% |
| 2015-12-31 | $5.26M | 31.34% |
| 2014-12-31 | $4.01M | 101.71% |
| 2013-12-31 | $1.99M | -48.23% |
| 2012-12-31 | $3.84M | 9.32% |
| 2011-12-31 | $3.51M | -0.33% |
| 2010-12-31 | $3.52M | 49.34% |
| 2009-12-31 | $2.36M | -81.69% |
| 2008-12-31 | $12.88M | 28.91% |
| 2007-12-31 | $9.99M | -34.26% |
| 2006-12-31 | $15.19M | 6.80% |
| 2005-12-31 | $14.23M | 155.95% |
| 2004-12-31 | $5.56M | 960.53% |
| 2003-12-31 | $524.10K | 237.26% |
| 2002-12-31 | $155.40K | 100.00% |
| 2001-12-31 | - | -100.00% |
| 2000-12-31 | $1.00 | -100.00% |
| 1999-12-31 | $157.97K | -58.92% |
| 1998-12-31 | $384.58K | -17.15% |
| 1997-12-31 | $464.17K | 1350.53% |
| 1996-12-31 | $32.00K | - |
BIO-key generated $7.75M in revenue during NA 2023, up 10.46% compared to the previous quarter, and up 191.74% compared to the same period a year ago.
BIO-key Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $1.14M | -47.68% |
| 2024-03-31 | $2.18M | 135.78% |
| 2023-12-31 | $925.10K | -49.40% |
| 2023-09-30 | $1.83M | -5.21% |
| 2023-06-30 | $1.93M | -37.45% |
| 2023-03-31 | $3.08M | 75.37% |
| 2022-12-31 | $1.76M | 28.02% |
| 2022-09-30 | $1.37M | -29.46% |
| 2022-06-30 | $1.95M | 0.31% |
| 2022-03-31 | $1.94M | 107.63% |
| 2021-12-31 | $934.93K | -28.02% |
| 2021-09-30 | $1.30M | 30.92% |
| 2021-06-30 | $992.09K | -47.47% |
| 2021-03-31 | $1.89M | 77.53% |
| 2020-12-31 | $1.06M | 12.77% |
| 2020-09-30 | $943.33K | 207.13% |
| 2020-06-30 | $307.14K | -41.22% |
| 2020-03-31 | $522.49K | -1.45% |
| 2019-12-31 | $530.17K | 17.11% |
| 2019-09-30 | $452.71K | -37.85% |
| 2019-06-30 | $728.38K | 32.04% |
| 2019-03-31 | $551.62K | -67.84% |
| 2018-12-31 | $1.72M | 131.86% |
| 2018-09-30 | $739.75K | -1.12% |
| 2018-06-30 | $748.14K | -11.09% |
| 2018-03-31 | $841.46K | -72.46% |
| 2017-12-31 | $3.06M | 224.20% |
| 2017-09-30 | $942.42K | 6.26% |
| 2017-06-30 | $886.88K | -37.47% |
| 2017-03-31 | $1.42M | -16.46% |
| 2016-12-31 | $1.70M | 293.52% |
| 2016-09-30 | $431.46K | 3.76% |
| 2016-06-30 | $415.81K | -3.43% |
| 2016-03-31 | $430.59K | -74.21% |
| 2015-12-31 | $1.67M | 149.27% |
| 2015-09-30 | $669.85K | -70.53% |
| 2015-06-30 | $2.27M | 250.29% |
| 2015-03-31 | $648.83K | -31.82% |
| 2014-12-31 | $951.70K | -25.87% |
| 2014-09-30 | $1.28M | 218.74% |
| 2014-06-30 | $402.79K | -70.55% |
| 2014-03-31 | $1.37M | 317.56% |
| 2013-12-31 | $327.50K | -24.12% |
| 2013-09-30 | $431.58K | 2.21% |
| 2013-06-30 | $422.26K | -47.52% |
| 2013-03-31 | $804.64K | -45.74% |
| 2012-12-31 | $1.48M | 261.74% |
| 2012-09-30 | $409.92K | -23.05% |
| 2012-06-30 | $532.71K | -62.23% |
| 2012-03-31 | $1.41M | 158.58% |
| 2011-12-31 | $545.45K | -4.99% |
| 2011-09-30 | $574.09K | -41.67% |
| 2011-06-30 | $984.15K | -29.96% |
| 2011-03-31 | $1.41M | 148.78% |
| 2010-12-31 | $564.81K | 3.37% |
| 2010-09-30 | $546.38K | -61.87% |
| 2010-06-30 | $1.43M | 46.80% |
| 2010-03-31 | $976.17K | -3.74% |
| 2009-12-31 | $1.01M | 93.39% |
| 2009-09-30 | $524.35K | -80.67% |
| 2009-06-30 | $2.71M | -12.27% |
| 2009-03-31 | $3.09M | -20.16% |
| 2008-12-31 | $3.87M | 34.35% |
| 2008-09-30 | $2.88M | -19.48% |
| 2008-06-30 | $3.58M | 40.92% |
| 2008-03-31 | $2.54M | -3.85% |
| 2007-12-31 | $2.64M | - |
BIO-key generated $1.14M in revenue during Q2 2024, up -47.68% compared to the previous quarter, and up 37.01% compared to the same period a year ago.
BIO-key Revenue Breakdown
BIO-key Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 19 | Dec 18 |
|---|---|---|---|---|
| License | $4.34M | - | - | - |
| Service | $2.22M | $925.25K | $1.01M | - |
| Hardware | $1.19M | $646.49K | - | - |
| License Fees and Other | - | - | - | $1.74M |
BIO-key's latest annual revenue breakdown by segment (product or service), as of Dec 23: License (55.99%), Service (28.61%), and Hardware (15.40%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hardware | $83.49K | $17.65K | $769.43K | $279.20K | $72.69K | - | - | - | - | - | - | - | - | - |
| Service | $283.57K | $213.12K | $478.00K | $587.89K | $620.47K | $207.52K | $214.27K | $237.37K | $231.99K | $241.61K | $235.27K | $225.74K | $249.12K | $302.45K |
| License | $774.23K | $1.95M | $3.39M | $950.01K | - | - | - | - | - | - | - | - | - | - |
BIO-key's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: License (67.84%), Service (24.85%), and Hardware (7.32%).
BIO-key Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| North America | $3.24M | $422.27K | $1.16M | $1.30M | $14.03K |
| South America | $654.45K | $42.00K | $18.30K | $8.51K | - |
| EMESA | $3.80M | - | - | - | - |
| Asia | $67.84K | $13.91K | $23.11K | $4.00K | - |
| EMEA | - | - | $54.92K | $94.12K | $3.00K |
| Service | - | - | - | - | $925.25K |
BIO-key's latest annual revenue breakdown by geography, as of Dec 23: EMESA (48.96%), North America (41.73%), South America (8.44%), and Asia (0.87%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EMESA | $235.99K | $166.26K | $2.77M | $1.02M | $69.09K | $111.34K | $24.84K | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Africa | $43.42K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| North America | $848.68K | $728.13K | $1.07M | $768.70K | $280.19K | $301.09K | $355.63K | $270.67K | $259.96K | $272.28K | $359.61K | $439.54K | $450.99K | $209.85K | $196.32K | $2.00K | $8.28K | $3.00K | $750.00 | - |
| Asia | $13.20K | - | - | - | - | - | $53.00 | $3.71K | $3.78K | $3.90K | $2.52K | $3.85K | $3.85K | $8.35K | $7.07K | $5.00K | $2.00K | $3.50K | $2.00K | - |
| South America | - | $1.29M | $602.43K | $26.01K | $26.01K | $22.68K | - | $15.28K | - | $42.00K | - | $684.84K | $3.75K | $13.80K | $375.00 | $375.00 | $262.00 | $845.00 | $5.29K | $2.12K |
| EMEA | - | - | - | - | - | - | - | - | $13.81K | $12.76K | $10.46K | $17.89K | $56.53K | $22.89K | $10.93K | $3.77K | $17.47K | $3.00K | $22.59K | $36.42K |
| Service | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $207.52K | - | - | - | - |
BIO-key's latest quarterly revenue breakdown by geography, as of Jun 24: North America (74.36%), EMESA (20.68%), Africa (3.80%), and Asia (1.16%).
BKYI Revenue FAQ
What is BIO-key’s yearly revenue?
BIO-key's yearly revenue for 2023 was $7.75M, representing an increase of 10.46% compared to 2022. The company's yearly revenue for 2022 was $7.02M, representing an increase of 37.26% compared to 2021. BKYI's yearly revenue for 2021 was $5.11M, representing an increase of 80.29% compared to 2020.
What is BIO-key’s quarterly revenue?
BIO-key's quarterly revenue for Q2 2024 was $1.14M, a -47.68% decrease from the previous quarter (Q1 2024), and a -40.83% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $2.18M, a 135.78% increase from the previous quarter (Q4 2023), and a -29.27% decrease year-over-year (Q1 2023). BKYI's quarterly revenue for Q4 2023 was $925.1K, a -49.40% decrease from the previous quarter (Q3 2023), and a -47.39% decrease year-over-year (Q4 2022).
What is BIO-key’s revenue growth rate?
BIO-key's revenue growth rate for the last 3 years (2021-2023) was 51.63%, and for the last 5 years (2019-2023) was 242.00%.
What are BIO-key’s revenue streams?
BIO-key's revenue streams in c 23 are License, Service, and Hardware. License generated $4.34M in revenue, accounting 55.99% of the company's total revenue Service generated $2.22M in revenue, accounting 28.61% of the company's total revenue, up 139.82% year-over-year. Hardware generated $1.19M in revenue, accounting 15.40% of the company's total revenue, up 84.69% year-over-year.
What is BIO-key’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of BIO-key was License. This segment made a revenue of $4.34M, representing 55.99% of the company's total revenue.