Next Biometrics Group Asa · OSL:NEXT
Next Biometrics Group Asa — Q2 2022 Earnings Presentation
14 slides from Next Biometrics Group Asa's earnings presentation, Aug 17, 2022
Slide 1: NEXT Biometrics Q2 Presentation
NEXT Biometrics Q2 Presentation August 17, 2022 NEXT Biometrics
Slide 2: Disclaimer
Disclaimer This presentation includes and is based, inter alia, on forward-looking information and statements that are subject to risks and uncertainties that could cause actual results to differ. Such forward-looking information and statements are based on current expectations, estimates and projec
Slide 3: Agenda
Agenda Q2 Report and summary Outlook Q&A session 3 NEXT Biometrics
Slide 4: Q2 2022
BIOMETRICS Q2 2022 NEXT Biometrics
Slide 5: Q2 - Performance Indicators
Q2 - Performance Indicators: 1. Design wins A. Above normal traction in Q2 – 5 new design wins and ended the first half on targeted 6 design wins, 3 out of these 5 design-wins were not announced due to inital revenue size and confidentiality of the project B. Accumulated 30 design wins end of Q2 – a
Slide 6: Key Figures Q2-2022
Key Figures Q2-2022 Profit and loss Revenues of NOK 11.7 m vs. NOK 10.5 m in Q2 2021 • Revenues continued to be impacted by semiconductor shortage; revenues of NOK 19.7 NOK million Q2 2021 Q2 2022 m if components had been available Revenue 10.5 11.7 Gross margin of 36% vs. 21% in Q2 2021 COGS (8.3)
Slide 7: Q2 Key takeaways
Q2 Key takeaways In line with earlier communicated target levels of NOK Operating costs 15 m / quarter ✅ Cash burn of NOK 12.0 m reflecting build-up in Cash flow inventory to prepare for future increased module shipment volumes ✅ Design wins 5 new Design Wins in Q2; Accumulated 30 end Q2 ✅ Gross Mar
Slide 8: Outlook
BIOMETRICS utlook NEXT Biometrics
Slide 9: Q3 - India based OEM order - secured
Q3 - India based OEM order - secured USD 2.2 million total order from India-based OEM secured • Successfully passed the single milestone established in the agreement for the FAP20 product • NEXT is together with India OEM focused on establishing a strong position in the market and winning market sha
Slide 10: Q3 - New design-win secured
Q3 - New design-win secured • Received initial order from OnesTechnology in Turkey • High-security biometric physical access e.g. Gates with wall-mounted biometrics for indoor and outdoor usage • For companies where safety is important, this product integrates a biometric sensor and a smart card rea
Slide 11: Q3 – Chinese distributor & Purchase Order
Q3 – Chinese distributor & Purchase Order NEXT distributor engagements with focus in growing biometric markets • Expecting new design-win before year-end from already added distributors in Latin America and Vietnam • Recently added distributor XM Holder in China incl initial order NOK 2.4m • Intensi
Slide 12: Outlook
Outlook 60 Total number of design-wins (accumulated) 1. Target at least 36 Design-wins by end of 2022 45 2. Continued focus on distributor channels in growing biometric markets 30 3. Well-positioned in India with two large established partners (I) Market launch of L1, partners believe end Q4 2022 4.
Slide 13: QnA
QnA NEXT Biometrics
Slide 14: NEXT Biometrics Group ASA
NEXT Biometrics Group ASA www.nextbiometrics.com NEXT Biometrics
NEXT Biometrics Group — Q2 2022 Earnings Presentation on 6ix