Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Siri Borsum was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 30
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Siri Borsum was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. お知らせ • Nov 29
NEXT Biometrics Group ASA Secures Patent for Smart Smartphone Full-Screen Biometric Sensor Technology NEXT Biometrics secured patent approval from the United States Patent and Trademark Office (USPTO) for its full-screen biometric authentication technology for smartphones. This is the 22nd patent secured by NEXT for its technology. NEXT’s Active Thermal® technology uses both heat from the finger and 3D imaging to authenticate the user. This enables superior authentication speed and liveness detection to combat spoofing attacks, when compared with other fingerprint authentication technologies. The product also minimizes energy consumption and delivers exceptional performance in varying light and environmental conditions. Over the last 25 years, NEXT Biometrics has shipped more than 10 million sensors. Its Active Thermal technologies are certified by entities including Aadhaar, FBI-PIV, MOSIP Compliance and NIBSS, and have been implemented in countries including Bangladesh, China, Ghana, India, Malaysia, Pakistan, U.S. and Vietnam. お知らせ • Sep 18
NEXT Biometrics Group ASA has completed a Follow-on Equity Offering in the amount of NOK 20 million. NEXT Biometrics Group ASA has completed a Follow-on Equity Offering in the amount of NOK 20 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 3,529,412
Price\Range: NOK 4.25
Discount Per Security: NOK 0.1275
Security Features: Attached Warrants
Security Name: Shares
Security Type: Common Stock
Securities Offered: 1,176,471
Price\Range: NOK 4.25
Security Features: Attached Warrants
Transaction Features: Subsequent Direct Listing お知らせ • Dec 22
NEXT Biometrics Group ASA Demonstrates Engineering Samples for its New FAP30 Sensor NEXT Biometrics Group ASA has completed its first FAP30 fingerprint engineering samples. Following several successful meetings with partners and an analysis of the current tenders on the market, NEXT also estimates the total addressable market to be larger than previously expected. As previously announced by NEXT, it has been working on the development of its FAP30 product, an Active Thermal based fingerprint sensor aimed for the most demanding security environments such as governmental environments, border control and banking applications. In these demanding environments, it is crucial that authentication and verification are done swiftly, securely and that the process remains untampered with. The FAP30 can easily be fitted into and integrated into various system requirements and surroundings. NEXT notes the market has given its standing ovations to the samples that have been shown. Following the recent development of outstanding industry tenders, NEXT has also revised and heightened its previous estimates of the total addressable market for its FAP30 sensor. お知らせ • Dec 17
NEXT Biometrics Group ASA, Annual General Meeting, May 09, 2025 NEXT Biometrics Group ASA, Annual General Meeting, May 09, 2025. Reported Earnings • Nov 07
Third quarter 2024 earnings released: kr0.01 loss per share (vs kr0.22 loss in 3Q 2023) Third quarter 2024 results: kr0.01 loss per share (improved from kr0.22 loss in 3Q 2023). Revenue: kr27.6m (up 361% from 3Q 2023). Net loss: kr1.37m (loss narrowed 93% from 3Q 2023). Reported Earnings • Aug 21
Second quarter 2024 earnings released: kr0.06 loss per share (vs kr0.20 loss in 2Q 2023) Second quarter 2024 results: kr0.06 loss per share (improved from kr0.20 loss in 2Q 2023). Revenue: kr18.3m (up 151% from 2Q 2023). Net loss: kr6.05m (loss narrowed 68% from 2Q 2023). New Risk • May 08
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -kr56m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-kr56m free cash flow). Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Revenue is less than US$5m (kr40m revenue, or US$3.7m). Market cap is less than US$100m (€77.0m market cap, or US$82.8m). Reported Earnings • Apr 29
Full year 2023 earnings released: kr0.69 loss per share (vs kr0.51 loss in FY 2022) Full year 2023 results: kr0.69 loss per share (further deteriorated from kr0.51 loss in FY 2022). Revenue: kr34.4m (down 29% from FY 2022). Net loss: kr65.7m (loss widened 42% from FY 2022). Reported Earnings • Feb 16
Full year 2023 earnings released: kr0.69 loss per share (vs kr0.51 loss in FY 2022) Full year 2023 results: kr0.69 loss per share (further deteriorated from kr0.51 loss in FY 2022). Revenue: kr34.4m (down 29% from FY 2022). Net loss: kr65.7m (loss widened 42% from FY 2022). お知らせ • Dec 19
NEXT Biometrics Group ASA to Report Q1, 2024 Results on May 07, 2024 NEXT Biometrics Group ASA announced that they will report Q1, 2024 results on May 07, 2024 お知らせ • Dec 17
NEXT Biometrics Group ASA, Annual General Meeting, May 16, 2024 NEXT Biometrics Group ASA, Annual General Meeting, May 16, 2024. Reported Earnings • Nov 03
Third quarter 2023 earnings released: kr0.22 loss per share (vs kr0.12 loss in 3Q 2022) Third quarter 2023 results: kr0.22 loss per share (further deteriorated from kr0.12 loss in 3Q 2022). Revenue: kr5.98m (down 59% from 3Q 2022). Net loss: kr20.4m (loss widened 92% from 3Q 2022). New Risk • Sep 29
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor 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: Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding). Revenue is less than US$5m (kr41m revenue, or US$3.9m). Market cap is less than US$100m (€57.3m market cap, or US$60.7m). お知らせ • Sep 28
NEXT Biometrics Group ASA announced that it expects to receive NOK 60 million in funding NEXT Biometrics Group ASA announced a private placement to issue shares at a offer price of NOK 5 per share for the gross proceeds of NOK 40 million to NOK 60 million on September 26, 2023. The total number of offer shares to be issued in the Private Placement will be determined by the board of directors. Certain primary insiders, existing shareholders and new investors have collectively pre-committed to subscribe for offer shares for more than NOK 40 million at the offer price in the Private Placement. お知らせ • Sep 01
Next Biometrics Announces Executive Changes, Effective on October 1, 2023 NEXT Biometrics announced that Ulf Ritsvall, Senior Vice President of Sales and Marketing appointed the new Chief executive officer. He succeeds current CEO Peter Heuman, who has held the position since 2019. Heuman will continue as advisor to the Board of Directors and CEO. The change in leadership is effective as per October 1, 2023. Ulf Ritsvall has a strong track record of senior executive positions within both the telecom and biometrics industry. He holds a BA in electrical engineering from the University of Lund. Reported Earnings • Aug 23
Second quarter 2023 earnings released: kr0.20 loss per share (vs kr0.10 loss in 2Q 2022) Second quarter 2023 results: kr0.20 loss per share (further deteriorated from kr0.10 loss in 2Q 2022). Revenue: kr7.31m (down 38% from 2Q 2022). Net loss: kr18.8m (loss widened 97% from 2Q 2022). Reported Earnings • May 15
First quarter 2023 earnings released: kr0.16 loss per share (vs kr0.16 loss in 1Q 2022) First quarter 2023 results: kr0.16 loss per share (in line with 1Q 2022). Revenue: kr6.81m (down 27% from 1Q 2022). Net loss: kr14.4m (loss widened 1.1% from 1Q 2022).