Breakeven Date Change • May 21
Forecast to breakeven in 2028 The analyst covering Fingerprint Cards expects the company to break even for the first time. New forecast suggests losses will reduce by 88% per year to 2027. The company is expected to make a profit of kr4.00m in 2028. Average annual earnings growth of 112% is required to achieve expected profit on schedule. Anuncio • May 04
Fingerprint Cards AB (publ), Annual General Meeting, Jun 03, 2026 Fingerprint Cards AB (publ), Annual General Meeting, Jun 03, 2026, at 13:00 W. Europe Standard Time. Location: at the premises of kanter advokatbyra, at engelbrektsgatan 3, 114 32, stockholm Sweden Anuncio • Mar 23
Precise Biometrics AB (publ) (OM:PREC) agreed to acquire Fingerprint Cards AB (publ) (OM:FING B) for approximately SEK 140 million. Precise Biometrics AB (publ) (OM:PREC) agreed to acquire Fingerprint Cards AB (publ) (OM:FING B) for approximately SEK 140 million on March 23, 2026. The Merger will be implemented by Precise Biometrics absorbing Fingerprint Cards, whereby the shareholders in Fingerprint Cards will receive 9 new ordinary shares in Precise Biometrics for each share in Fingerprint Cards, irrespective of share class. Thus, provided that the number of shares in Precise Biometrics and Fingerprint Cards, respectively, does not change from the date of the Merger Plan until the time of completion of the Merger, 68,272,083 ordinary shares in Precise Biometrics will be issued as merger consideration and the shareholders of Fingerprint Cards will, in total, own approximately 47 percent of the shares and votes in the Combined Company. The Merger is expected to create substantial value for the shareholders of the Combined Company through synergies arising from the consolidation of the two companies' operations and overlapping functions. The board of directors of Fingerprint Cards and Precise Biometrics considers the merger consideration to be fair from a financial point of view and unanimously recommends the shareholders of Fingerprint Cards and Precise Biometrics to vote in favor of the Merger Plan at the extraordinary general meeting in Fingerprint Cards and Precise Biometrics, to be held on or about May 6, 2026. The Merger has received all necessary regulatory, governmental and clearances from authorities necessary, approvals and decisions, including a decision from the Inspectorate of Strategic Products (Sw. Inspektionen för strategiska produkter) (“ISP”) to take no action regarding a notification in accordance with the Swedish Screening of Foreign Direct Investments Act, Nasdaq Stockholm has admitted the shares to be issued as merger consideration to trading on Nasdaq Stockholm.
When preparing for the Merger, the companies have conducted limited, customary due diligence reviews of certain business, financial, commercial and legal information relating to Precise Biometrics and Fingerprint Cards, respectively. The merger and merger information documents will be published ahead of shareholders' meetings. Extraordinary general meetings on both companies are expected on or about May 6, 2026. And subject to approvals, the merger is expected to complete mid-July. If the conditions set out in this section have not been satisfied and completion of the Merger has not taken place on or before December 31, 2026, the Merger will not be implemented and this Merger Plan shall cease to have any further effect.
Precise Biometrics has retained DNB Carnegie Investment Bank as financial advisor and Vinge as legal adviser. Fingerprint Cards has retained KANTER Advokatbyrå KB and LegalWorks Nordic as legal advisers. The Board of Fingerprint Cards has engaged Grant Thornton Sweden AB to issue a fairness opinion regarding the Merger. Anuncio • Nov 14
Fingerprint Cards AB (publ) to Report Fiscal Year 2025 Results on Feb 13, 2026 Fingerprint Cards AB (publ) announced that they will report fiscal year 2025 results on Feb 13, 2026 Anuncio • Jun 25
Fingerprint Cards AB (publ) Announces Board Changes Fingerprint Cards AB (publ) elected John Lord and Carl Johan Grandinson as Board members. Anuncio • May 22
Fingerprint Cards AB (publ), Annual General Meeting, Jun 24, 2025 Fingerprint Cards AB (publ), Annual General Meeting, Jun 24, 2025, at 15:00 W. Europe Standard Time. Location: at citykonferensen ingenjorshuset, malmskillnadsgatan 46, stockholm Sweden Anuncio • Feb 13
Fingerprint Cards AB (publ) has completed a Composite Units Offering. Fingerprint Cards AB (publ) has completed a Composite Units Offering.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 239,733,096
Price\Range: SEK 0.48
Transaction Features: Rights Offering Anuncio • Jan 15
Fingerprint Cards AB (publ) to Report Fiscal Year 2024 Results on Feb 28, 2025 Fingerprint Cards AB (publ) announced that they will report fiscal year 2024 results on Feb 28, 2025 Anuncio • Dec 18
Fingerprint Cards AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 160 million. Fingerprint Cards AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 160 million.
Security Name: B Shares
Security Type: Common Stock
Transaction Features: Rights Offering Reported Earnings • Nov 04
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: kr102.8m (down 44% from 3Q 2023). Net loss: kr351.8m (loss widened 377% from 3Q 2023). Revenue is expected to decline by 19% p.a. on average during the next 3 years, while revenues in the Electronic industry in Germany are expected to grow by 10%. New Risk • Nov 01
New major risk - Revenue size The company makes less than US$1m in revenue. This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (30% average weekly change). Shareholders have been substantially diluted in the past year (over 5x increase in shares outstanding). Revenue is less than US$1m. Minor Risks Less than 1 year of cash runway based on current free cash flow (-kr146m). Currently unprofitable and not forecast to become profitable over next 2 years (kr13m net loss in 2 years). Market cap is less than US$100m (€34.7m market cap, or US$37.7m). Anuncio • Oct 01
Fingerprint Cards AB Unveils 4Th Generation Iris Recognition Software Platform, Enhancing Zero Trust Security and AI Deepfake Protection with Ease and Convenience Fingerprint Cards AB has introduced its 4th generation iris recognition software platform, offering a significant leap in convenience and affordability. This solution redefines iris recognition with a "just glance" approach, supporting large field-of-view and long-distance operation on cost- effective off the shelf hardware--without compromising the inherent security of eye-based biometrics, boasting one-in-a-million accuracy. The technology requires minimal face visibility, as little as a one-by-one inch area, and works seamlessly with glasses, masks, makeup, beards and headwear. Unlike some other contactless modalities, iris recognition solution effortlessly distinguishes between siblings, including identical twins. Key use cases include enterprise and residential access control, personal computers, automotive, identity verification for time and attendance, point-of-sale systems, and more. User enrolment takes just a few seconds, with instant authentication thereafter. The platform's advanced machine learning (AI) provides an effortless, prompt, and secure user experience, while enabling a low-cost and small-footprint acquisition system by virtue of its ability to operate at unparalleled image resolutions, including 3 px/mm. With the rise in deepfake and privacy concerns regarding face recognition, iris mitigates fakes for superior security and user experience. Live demonstrations are available starting October 1, 2024. System integration with select customers will begin in first quarter 2025, with general availability later in the year. Anuncio • Sep 17
Fingerprint Cards AB and Infineon Technologies AG announces SECORA™ Pay Bio Fingerprint Cards AB and Infineon Technologies AG announced SECORA™ Pay Bio, an all-in-one biometric payment card solution that complies with Visa and Mastercard specifications. This new solution simplifies the process of producing biometric smart cards, making it as seamless and efficient as that of standard dual-interface payment cards. The solution integrates Infineon’s enhanced SLC39B system-on-chip (SoC) Secure Element and Fingerprints™ FPC1323 sensor into the Infineon Biometric Coil on Module (BCoM) package, leveraging the key advantages of inductive coupling technology. This will lead to a much simpler biometric payment card manufacturing process. The solution uses the fingerprint credentials securely stored on the card as a second authentication factor, enabling a convenient and trusted contactless payment experience. Anuncio • Aug 29
Fingerprint Cards AB Unveils FPC Allkey, its New Biometric System for Logical and Physical Access Control Fingerprint Cards AB unveils FPC AllKey, its new biometric system for logical and physical access control. The solution has been designed to enable fast and seamless integration into devices, and bring smooth, secure authentication to use cases including peripherals, cryptocurrency wallets, residential or workplace smart door locks, FIDO authenticator tokens, padlocks and more. FPC AllKey can help device makers get rid of PINs and passwords, replacing them with innovative, robust and convenient authentication that consumers value. The biometric system includes all components needed hardware, software and algorithm to be integrated out of the box, with minimal effort or pre-existing experience required. The superior biometric system brings new, enhanced levels of security and authentication to whatever device or application it is paired with, without impacting the host system's performance. Ultra-low power consumption capabilities and unique features also contribute to ensuring a smooth and seamless integration and end-user experience. Reported Earnings • Aug 16
Second quarter 2024 earnings released: kr0.25 loss per share (vs kr0.18 loss in 2Q 2023) Second quarter 2024 results: kr0.25 loss per share (further deteriorated from kr0.18 loss in 2Q 2023). Revenue: kr112.4m (down 45% from 2Q 2023). Net loss: kr183.7m (loss widened 141% from 2Q 2023). Revenue is expected to decline by 4.8% p.a. on average during the next 3 years, while revenues in the Electronic industry in Germany are expected to grow by 11%. Anuncio • Aug 05
Fingerprint Cards AB (publ) Appoints David Eastaugh as Chief Strategy and Technology Officer, Effective August 19, 2024 Fingerprint Cards AB announced the appointment of David Eastaugh as the company’s Chief Strategy and Technology Officer. He will assume his position on August 19, 2024. David is a technology visionary in the fields of identity, data, and combating financial crime and fraud, with a diverse background that includes experience in startups, scale-ups, consulting, and corporations. He brings a pragmatic approach, coupled with strong partnership and M&A experience, enabling fast-to-market competitive product development and launch. Evidence of these capabilities can be seen in David’s wealth of experience leading teams that have built global products in the Cloud (SaaS). For the past 25 years, he has been involved in online identity verification including being a key member of the team that built the UK’s first eIDV product (BT URU). David then moved on to work with GBG to lead the development team on their ID3 Global online identity verification product, which was the global market leader for many years. He also had responsibility for several teams across GBG’s identity products and led the team that built GBG CitizenSafe, part of the Gov.Verify initiative. David was also the CTO and a founding member of TruNarrative, a cloud-based orchestration platform which detects and prevents financial crime and fraud. Anuncio • Jul 02
Fingerprint Cards AB and IN Groupe Through SPS Brand Announce Launch of its Secure Component Solution for Contactless Biometric Cards Fingerprint Cards AB (Fingerprints) and IN Groupe through SPS brand announced the launch of its secure Component solution for contactless biometric payment cards, supporting global card manufacturers to scale up production of next-generation payment cards. In line with consumer preferences for contactless, the global biometric payment card market is anticipated to rise at a considerable rate over the coming years. To support mass global adoption, Fingerprints and IN Groupe partnered in November 2023 with the aim to simplify the manufacturing process, allowing for increased production by improving reliability and reducing costs. Through SPS brand of IN Groupe, the next-generation cards are now ready for mass global rollout. SPS's cards incorporate Fingerprints' second. -generation T-Shape (T2) sensor module and software platform, which offers ultra-low power consumption and leading biometric performance and is based on STMicroelectronics STPay-Topaz-Bio solution. In 2023, Fingerprints reached the one million sensors shipped milestone specifically for biometric payment cards, highlighting the robust and proven nature of the technology. New Risk • Jun 03
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.26m (US$9.01m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Market cap is less than US$10m (€8.26m market cap, or US$9.01m). Minor Risk Shareholders have been diluted in the past year (45% increase in shares outstanding). Reported Earnings • May 07
First quarter 2024 earnings released: kr0.14 loss per share (vs kr0.17 loss in 1Q 2023) First quarter 2024 results: kr0.14 loss per share. Revenue: kr146.4m (up 25% from 1Q 2023). Net loss: kr85.9m (loss widened 23% from 1Q 2023). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Anuncio • Apr 30
Fingerprint Cards AB (Publ) Appoints Fredrik Ramberg as Chief Product Officer Fingerprint Cards AB announced the appointment of Fredrik Ramberg the company’s new Chief Product Officer (CPO), effective immediately. Since first joining Fingerprints in 2014, Fredrik Ramberg has held several senior leadership roles, most recently as Head of R&D for Payment and Access. From 2019 to 2021, he was part of the executive leadership team as the company’s senior VP for R&D. Among other roles, he has also served as Senior Manager for Customer Engineering System & Hardware development as well as Manager for ASIC System integration and verification. Before joining Fingerprints, Fredrik held various engineering roles at SAAB, TSMC and Ericsson. Anuncio • Mar 12
Fingerprint Cards AB (publ) Appoints Fredrik Hedlund as Its New Chief Financial Officer, Effective March 18, 2024 Fingerprint Cards AB (publ) announced the appointment of Fredrik Hedlund as its new Chief Financial Officer, effective March 18, 2024. Fredrik’s experience spans more than 25 years in finance and operational leadership roles at major global corporations like Nielsen and General Electric, as well as in startups. Reported Earnings • Feb 09
Full year 2023 earnings released: kr0.74 loss per share (vs kr1.92 loss in FY 2022) Full year 2023 results: kr0.74 loss per share (improved from kr1.92 loss in FY 2022). Revenue: kr705.4m (down 18% from FY 2022). Net loss: kr347.2m (loss narrowed 41% from FY 2022). New Risk • Feb 07
New major risk - Revenue and earnings growth Earnings have declined by 14% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 14% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (43% increase in shares outstanding). Market cap is less than US$100m (€63.2m market cap, or US$68.1m). Anuncio • Feb 03
Asus Laptop Launches with Fingerprint Cards AB Biometric Match-on-Chip PC Solution Fingerprint Cards AB announced that the company's biometric Match-on-Chip PC solution is integrated in the Asus Expertbook B5 laptop. This is the first Asus Windows PC product that integrates Fingerprints' Match-on-Chip solution, which is on Microsoft's approved vendor list (AVL) for Windows Hello Enhanced Sign-in Security. In Match-on-Chip solutions, the users' biometric data is stored on a separate MCU. This offers higher security than the so-called Match-on-Host systems, where biometric authentication usually occurs in the computer's CPU. While Fingerprints offers both varieties, The company expects Match-on-Chip to continue growing at the expense of Match-on-Host. Match-on-Chip solutions have a higher average selling price (ASP) and currently account for the main part of addressable market in the PC area. Fingerprints' capacitive sensor solution for PCs, in combination with tailored software and algorithm, perform fast fingerprint matching in line with the highest security standards while optimizing user convenience. Anuncio • Jan 26
Fingerprints, Benjilock & TKL Products Corp. Debut Biometric Security for Instrument Cases At Namm 2024 Fingerprints, in collaboration with BenjiLock and its new licensee TKL Products Corp, announced the debut of cutting-edge biometric security for instrument cases at NAMM Show 2024.The new biometric instrument cases seamlessly integrate BenjiLock's innovative fingerprint hybrid technology, utilizing Fingerprints' BM-Lite FPC SafeTouch® as a comprehensive biometric fingerprint solution. Incorporating Fingerprints' biometrics is ideal for the next generation of BenjiLock's embedded innovation, specifically integrated into the latch design of TKL guitar cases.TKL Cases, a leader in crafting high-quality instrument cases, collaborates with BenjiLock and Fingerprints to introduce a revolutionary approach to safeguarding musical instruments with the incorporation of biometric security features. This partnership between Fingerprints and BenjiLock, enables manufacturers such as TKL Cases to embrace a powerful synergy of technology, security, and craftsmanship. The integration of biometric security into instrument cases introduces a new era of protection for musicians, ensuring the safety of their instruments while maintaining convenience and accessibility. Anuncio • Jan 18
Fingerprint Cards AB Launches FPC Smart'Nroll for Biometric Payment Card Enrollment Fingerprint Cards AB announced the launch of FPC Smart'Nroll, a simple and reusable enrollment device for biometric payment cards. Smart'Nroll enables end-users to easily and securely register their fingerprints on their payment card, in under a minute and at their own convenience, anywhere in the world. The FPC Smart'Nroll device enables both 'at-home' and 'in-branch' enrollment. The new commercial enrollment solution is ready for shipment and will support large-scale launches of biometric payment cards. The device is also compliant with all biometric cards supporting STPay-Topaz-Bio - a solution previously announced by Fingerprints and STMicroelectronics. For new biometric payment card users, FPC Smart'Nroll powers the payment card during the registration phase. The device also guides the user through the enrollment process, with a self-explanatory display, prompts and progress bar that are accessible to speakers of any language. This was essential given the global spread of existing commercial launches. The device is compatible with a unique re-use bank program, a replaceable battery and is compliant with multiple card configurations. Much like the cards themselves, FPC Smart'N roll is highly secure, ensuring that no personal fingerprint data is stored within the device, ensuring privacy in line with the General Data Protection Regulation (GDPR). Anuncio • Dec 06
Fingerprint Cards AB (publ) Appoints Hila Meller as Chief Revenue Officer (CRO) Fingerprint Cards AB (publ) announced that Hila Meller has been appointed Chief Revenue Officer. In this newly created executive management role, Hila will lead the company’s Sales & Marketing function, facilitating collaboration among several other teams, including new technology and product development, towards a unified goal of profitable revenue growth. She will take up her new position on January 1st, 2024, reporting to Adam Philpott, Fingerprints’ President & CEO. Hila has extensive experience leading high-performing global teams in cyber security, identity and access management. Most recently, she was the Global Chief Revenue Officer and Global Head of Sales at BT Security where she led a sales organization across the Americas, the UK, continental Europe and APAC, achieving year-on-year sales growth well above the market rate. Prior to this, she held several other senior leadership positions, including roles at BT Security, HP Enterprise Security Services, and CA Technologies. Hila holds a BSc in Computer Science and Mathematics from Bar Ilan university, Israel, and an Executive MBA from Technion institute, Israel and Fudan University, China. Anuncio • Oct 27
Fingerprint Cards AB Launches Complete PC Biometric System Fingerprint Cards AB (Fingerprint™?) launched, and is currently being evaluated by several PC OEMs. The system consists of Fingerprints' in-house microcontroller unit (MCU) combined with a fingerprint sensor optimized for PC requirements. Using a customized MCU further refines Fingerprints' biometric Match-on-Chip PC solution, which was added to Microsoft's approved vendor list (AVL) for Windows Hello Enhanced Sign-in Security last year. In Match-on-Chip solutions, the users' biometric data is stored on a separate MCU. This offers higher security than the so-called Match-on-Host systems, where biometric authentication usually occurs in the computer's CPU. Reported Earnings • Oct 20
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr184.8m (up 29% from 3Q 2022). Net loss: kr73.8m (loss widened 45% from 3Q 2022). Revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Electronic industry in Germany. Anuncio • Oct 20
Fingerprint Cards AB (publ), Annual General Meeting, May 23, 2024 Fingerprint Cards AB (publ), Annual General Meeting, May 23, 2024. New Risk • Sep 21
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 94% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (94% increase in shares outstanding). Minor Risk Market cap is less than US$100m (€49.0m market cap, or US$52.3m). Reported Earnings • Jul 21
Second quarter 2023 earnings released: kr0.18 loss per share (vs kr0.032 loss in 2Q 2022) Second quarter 2023 results: kr0.18 loss per share (further deteriorated from kr0.032 loss in 2Q 2022). Revenue: kr203.3m (down 11% from 2Q 2022). Net loss: kr76.2m (loss widened kr66.7m from 2Q 2022). Revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has fallen by 54% per year, which means it is performing significantly worse than earnings. New Risk • Jul 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Shareholders have been diluted in the past year (43% increase in shares outstanding). Market cap is less than US$100m (€71.4m market cap, or US$77.5m). Anuncio • May 25
Fingerprint Cards AB (Publ) Approves Election of Board of Directors Fingerprint Cards AB (publ) announced that at its AGM held on May 24, 2023, shareholders approved the election of Mario Shiliashki and Adam Philpott as Board Members. Reported Earnings • Apr 26
First quarter 2023 earnings released First quarter 2023 results: Revenue: kr117.0m (down 61% from 1Q 2022). Net loss: kr70.1m (loss widened 169% from 1Q 2022). Revenue is forecast to grow 41% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany. Recent Insider Transactions • Feb 03
Chief Financial Officer recently bought €10k worth of stock On the 26th of January, Per Sundqvist bought around 45k shares on-market at roughly €0.23 per share. This transaction increased Per's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Per has been a buyer over the last 12 months, purchasing a net total of €10k worth in shares. Reported Earnings • Jan 27
Full year 2022 earnings released: kr1.99 loss per share (vs kr0 in FY 2021) Full year 2022 results: kr1.99 loss per share (further deteriorated from kr0 in FY 2021). Revenue: kr861.8m (down 36% from FY 2021). Net loss: kr586.0m (down kr586.1m from profit in FY 2021). Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has fallen by 48% per year, which means it is performing significantly worse than earnings. Anuncio • Nov 04
Fingerprint Cards AB (Publ) Announces Management Changes Christian Fredrikson has, in agreement with Fingerprint Cards AB (publ)'s Board, decided to leave his role after just over six years as CEO. He will remain in the company as a strategic advisor to the Board. Ted Hansson has been appointed acting CEO and takes up his role. Ted has held a number of leading positions at Fingerprints since 2013, most recently as President of Mobile, PC and Access China, the company's area in terms of revenue. Board Change • Oct 31
High number of new directors Chairman of the Board Christian Lagerling was the last director to join the board, commencing their role in 2022. Reported Earnings • Oct 21
Third quarter 2022 earnings released: kr0.17 loss per share (vs kr0.042 profit in 3Q 2021) Third quarter 2022 results: kr0.17 loss per share (down from kr0.042 profit in 3Q 2021). Revenue: kr143.2m (down 60% from 3Q 2021). Net loss: kr51.0m (down kr63.3m from profit in 3Q 2021). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings. Anuncio • Oct 21
Fingerprint Cards AB (publ), Annual General Meeting, May 24, 2023 Fingerprint Cards AB (publ), Annual General Meeting, May 24, 2023. Anuncio • Jul 19
Fingerprint Cards Withdraws Revenue Forecast for the Fiscal Year 2022 Fingerprint Cards announced that although lockdown policies in China have eased, there is still some uncertainty for the country. And given this situation, company is withdrawing the revenue forecast for 2022. Anuncio • Jun 23
Fingerprint Cards AB (Publ) Announces Executive Changes Fingerprint Cards AB (publ) announced that Johan Carlström, the Chairman of the Board of the company, has been found guilty of four counts of insider trading. He was sentenced to one year and six months in prison. As a result of this verdict, Mr. Carlström is leaving the Board of Directors and is thus resigning from his position as Chairman of the Board of the company The Board of Directors has appointed Dimitrij Titov as acting Chairman, effective immediately, and plans to convene an extraordinary general meeting. Board Change • Jun 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. Independent Director Sofia Bertling was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Recent Insider Transactions • May 24
Independent Director recently sold €1.1m worth of stock On the 16th of May, Ted Elvhage sold around 975k shares on-market at roughly €1.13 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €333k more than they bought in the last 12 months. Recent Insider Transactions • May 04
Independent Director recently bought €105k worth of stock On the 28th of April, Ted Elvhage bought around 100k shares on-market at roughly €1.05 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €770k more in shares than they have sold in the last 12 months. Reported Earnings • Apr 27
First quarter 2022 earnings released: kr0.089 loss per share (vs kr0.025 profit in 1Q 2021) First quarter 2022 results: kr0.089 loss per share (down from kr0.025 profit in 1Q 2021). Revenue: kr300.2m (down 15% from 1Q 2021). Net loss: kr26.1m (down 448% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 6% per year. Reported Earnings • Apr 23
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr300.2m (down 15% from 1Q 2021). Net loss: kr26.1m (down 448% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Anuncio • Feb 17
Fingerprint Cards AB Launches with Fingerprints’ Second-Generation Curved Side-Mounted Sensor Fingerprint Cards AB announced that FPC1552 curved, the company’s second-generation slim and curved capacitive touch sensor, is integrated in the recently launched Redmi K50 by Xiaomi. The fingerprint sensor is placed on the side of the phone and features a curved surface for a more seamless integration. The first-generation innovative curved sensor was launched by Fingerprints in November 2020 and has been doing very well in the market, enabling a range of the latest smartphone designs, including borderless and foldable phones while enhancing the user experience beyond offering a convenient and secure authentication method, doubling as the power button, volume control, operating the camera shutter and scrolling. Fingerprints’ sensors are now integrated in over 585 different mobile device models. Anuncio • Jan 30
Fingerprint Cards AB (Publ) Reiterates Earnings Guidance for the Year 2022 Fingerprint Cards AB (publ) reiterated earnings guidance for the year 2022. The company is reiterating positive revenue forecast for 2022, which was between SEK 1.6 billion to SEK 2 billion, which represents a good growth and strong growth over 2021. Reported Earnings • Jan 29
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr0 (up from kr1.10 loss in FY 2020). Revenue: kr1.36b (up 8.0% from FY 2020). Net income: kr100.0k (up kr340.9m from FY 2020). Profit margin: 0% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst estimates. Over the next year, revenue is forecast to grow 18%, compared to a 23% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Anuncio • Nov 22
Fingerprint Cards AB (publ) Provides Earnings Guidance for the Year 2022 Fingerprint Cards AB (publ) provided earnings guidance for the year 2022. The company expects group revenues for the full year 2022 to be in the range of SEK 1,600-2,000 million. Reported Earnings • Oct 22
Third quarter 2021 earnings released: EPS kr0.042 (vs kr0.006 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: kr354.3m (up 21% from 3Q 2020). Net income: kr12.3m (up kr14.0m from 3Q 2020). Profit margin: 3.5% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Breakeven Date Change • Sep 23
Forecast to breakeven in 2021 The analyst covering Fingerprint Cards expects the company to break even for the first time. New forecast suggests the company will make a profit of kr12.2m in 2021. Earnings growth of 115% is required to achieve expected profit on schedule. Anuncio • Aug 13
Fingerprint Cards AB Announces New Biometric PC Solution Integrated in the Dell Latitude 5000 and 7000 Series Fingerprint Cards AB announced that the company’s new biometric solution for the PC market is integrated in the power button of the Latitude 5000 and 7000 Series of laptops from Dell. Thus far, Fingerprints has been awarded design wins with three of the world’s top five PC manufacturers. Consequently, The company expects to be able to announce further PC models in the near future, which feature Fingerprints’ new biometric PC solution. Fingerprints’ new solution for PCs interfaces with Windows Hello and is compliant with Microsoft Enhanced Sign-in (SecureBio), meeting both the biometrics and security requirements of Microsoft. It can be used in combination with a broad range of Fingerprints’ touch sensors, and its software is compatible with the Windows 10 operating system. The solution is tailored for use across a growing number of different form factors and use cases, including notebooks, 2-in-1 convertibles, and PC accessories. Fingerprints’ portfolio of compatible touch sensors is available in various shapes, coatings and customizable colors to support different designs and placements. Anuncio • Jul 16
Fingerprint Cards AB (Publ) Provides Revenue Guidance for the Third Quarter of 2021 Fingerprint Cards AB (publ) provided revenue guidance for the third quarter of 2021. For the quarter the company expects Group revenue to be in the range of SEK 330 million- SEK 370 million. Anuncio • Jun 04
Fingerprint Cards AB (publ) Announces Withdraw the Revenue Forecast for the Second Quarter of 2021 Fingerprint Cards AB (publ) announced withdraw the revenue forecast for the second quarter of 2021. A covid-19 outbreak in the Vietnamese province of Bac Giang has led authorities to temporarily shut down an industrial complex, in which one of Fingerprint's suppliers has production facilities, in order to avoid spread of the virus. Since part of the company's revenue for the second quarter is thus delayed, the company is forced to withdraw the revenue forecast for the second quarter 2021, which was disclosed on April 20, 2021. No updated forecast can currently be provided. Reported Earnings • Apr 22
First quarter 2021 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr354.7m (up 14% from 1Q 2020). Net income: kr7.50m (up kr11.0m from 1Q 2020). Profit margin: 2.1% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year whereas the company’s share price has increased by 63% per year. Anuncio • Feb 26
Fingerprint Cards AB (Publ) Launches First Smartphones with Fingerprints’ FPC1542 Slim and Curved Side-Mounted Sensor Fingerprint Cards AB announced that the FPC1542, the company’s latest innovative slim and curved capacitive touch sensor, is integrated in the recently launched Redmi K40, K40 Pro and K40 Pro+ by Xiaomi. The fingerprint sensor is placed on the side of the phone and features a curved surface, enabling a more seamless integration in the mid frame. This is the first smartphone with a curved fingerprint sensor, an innovation made possible by Fingerprints’ unique capacitive sensing technology combined with an advanced matching algorithm and new package technology. Fingerprints’ sensors are now integrated in over 500 different mobile device models. The FPC1542 enables a range of the latest smartphone designs, including borderless and foldable phones, at the same time offering an enhanced user experience as the sensor can also double as power button, volume control, operating the camera shutter and scrolling. Initial feedback from customers has been very favorable, and the company expects the FPC1542 to become a central part of its capacitive sensor product portfolio for smartphones, accounting for a significant share of sales to this customer segment. Recent Insider Transactions • Feb 19
CEO & President recently bought €149k worth of stock On the 16th of February, Karl-Christian Fredrikson bought around 85k shares on-market at roughly €1.75 per share. This was the largest purchase by an insider in the last 3 months. Karl-Christian has been a buyer over the last 12 months, purchasing a net total of €262k worth in shares. Is New 90 Day High Low • Feb 18
New 90-day high: €2.40 The company is up 67% from its price of €1.44 on 19 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 15% over the same period. Reported Earnings • Feb 18
Full year 2020 earnings released: kr1.11 loss per share (vs kr0.043 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: kr1.26b (down 14% from FY 2019). Net loss: kr340.8m (loss widened kr327.2m from FY 2019). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Analyst Estimate Surprise Post Earnings • Feb 18
Revenue beats expectations Revenue exceeded analyst estimates by 7.3%. Over the next year, revenue is expected to shrink by 7.6% compared to a 17% growth forecast for the Electronic industry in Germany. Anuncio • Feb 10
Fingerprint Cards AB (publ) to Report Q4, 2020 Results on Feb 16, 2021 Fingerprint Cards AB (publ) announced that they will report Q4, 2020 results at 7:00 AM, Central Europe Standard Time on Feb 16, 2021 Is New 90 Day High Low • Jan 29
New 90-day high: €2.07 The company is up 53% from its price of €1.36 on 30 October 2020. The German market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 28% over the same period. Anuncio • Jan 12
Fingerprint Cards AB's Slim Mobile Sensor First to Achieve EMVCo Approval for Secure Mobile Payments Fingerprint Cards AB (Fingerprints) announced that its slim mobile sensor, FPC1541, has been successfully evaluated in line with the EMV® Consumer Device Cardholder Verification Methods (CDCVM) Security Requirements. This is the first announced fingerprint sensor for mobile devices to achieve this approval, demonstrating the quality, security and performance of Fingerprints’ sensor when used to authenticate payments on mobile devices. EMVCo facilitates worldwide interoperability and acceptance of secure payment transactions, and is supported by banks, merchants, payment networks and other industry stakeholders. The EMVCo CDCVM requirements respond to the growing use of biometric authentication on consumer-owned mobile devices for payments, including fingerprint, iris, voice, and facial recognition. They aim to promote confidence and consistency in the industry and define several high-level biometric performance requirements including false acceptance and false rejection rates. Fingerprints is an active participant in both GlobalPlatform and FIDO Alliance, both submitting bodies to the CDCVM requirements. The slim FPC1541 sensor for side-mounting can double as power button and volume control, enabling greater design flexibility and an enhanced user-experience. EMV® is a registered trademark in the U.S. and other countries and an unregistered trademark elsewhere. The EMV trademark is owned by EMVCo, LLC. Anuncio • Jan 08
Fingerprint Cards AB (publ) Receives First Major Purchase Order for Its New Biometric PC Solution Fingerprint Cards AB announced that the company has received a purchase order from a top-tier global Windows PC manufacturer. This initial order is for several hundred thousand sensors and confirms the positive trend in demand for biometric authentication in consumer and enterprise PCs. The pandemic has led to a strong increase in remote working, which can often involve increased IT security risks. By combining security, flexibility and convenience, biometrics facilitate secure, flexible and convenient access to devices and data, regardless of the user’s location. Fingerprints launched a new biometric solution for the PC market in August 2020. The software solution is compatible with the Windows 10 operating system and can be used in combination with a broad range of Fingerprints’ touch sensors. It interfaces with Windows Hello and is compliant with Microsoft Enhanced Sign-in (SecureBio), meeting both the biometrics and security requirements of Microsoft. Fingerprints’ new solution is tailored for use across a growing number of different form factors and use cases, including notebooks, 2-in-1 convertibles, and PC accessories. In October 2020, Fingerprints announced that the company had been awarded a design win by a top-tier global PC manufacturer. Fingerprints expects to see strong growth in this segment in the coming years. Is New 90 Day High Low • Jan 06
New 90-day high: €1.83 The company is up 4.0% from its price of €1.77 on 08 October 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 14% over the same period. Anuncio • Nov 27
Fingerprint Cards AB and M-Tech Innovations Ltd Collaborate to Develop Contactless Biometric Payment Card for the Indian Market Fingerprint Cards AB and M-Tech Innovations Ltd. are collaborating to launch contactless biometric payment cards in the Indian market. The card features Fingerprints' T-Shape® module which is part of the FPC1300-series, it has ultra-low power consumption and is tailored to be integrated in payment cards using standard automated manufacturing processes. Contactless and digital payments are growing fast in India, as consumers are choosing touch-free, safe and seamless ways to pay. Adding biometrics to the contactless payment card will increase the security needed to remove the cap, currently at INR 2,000 completely and allow for hygienic and worriless contactless payments for all transactions. Analyst Estimate Surprise Post Earnings • Nov 13
Revenue misses expectations Revenue missed analyst estimates by 7.1%. Over the next year, revenue is expected to shrink by 8.2% compared to a 26% growth forecast for the Electronic industry in Germany. Reported Earnings • Nov 13
Third quarter 2020 earnings released: kr0.006 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: kr294.0m (down 17% from 3Q 2019). Net loss: kr1.70m (down 129% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 6% per year. Anuncio • Nov 13
Fingerprint Cards AB (Publ) Unveils Curved Side-Mounted Capacitive Sensor for Mobile Devices Fingerprint Cards AB announced the launch of a new slim and curved capacitive touch sensor for biometric authentication. Following the success of the FPC1540 sensor, the uniquely curved FPC1542 sensor is set to enable innovation in the latest borderless smartphone designs. As demand for side-mounted touch sensors grows, the curved sensor offers OEMs enhanced design flexibility while improving user experience with a seamlessly integrated sensor that can double as power button or volume control, or be used to operate the camera shutter and to scroll. The sensor can be coated in a range of colors to complement the aesthetics of the smartphone design. FPC1542 expands Fingerprints’ portfolio of capacitive sensors, that are now integrated on the front, back andside of over 455 different mobile device models. Fingerprints will start volume shipments in Fourth Quarter 2020 and expects the first smartphone using FPC1542 to be launched in first quarter of 2021. Anuncio • Nov 12
Fingerprint Cards AB (publ), Annual General Meeting, May 26, 2021 Fingerprint Cards AB (publ), Annual General Meeting, May 26, 2021. Location: Birger Jarlsgatan 14 (5th Floor) Stockholm Sweden Recent Insider Transactions • Oct 03
Independent Director recently bought €21k worth of stock On the 25th of September, Sofia Bertling bought around 11k shares on-market at roughly €1.84 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €952k more in shares than they have sold in the last 12 months.