Next Biometrics Group Asa · OSL:NEXT
Next Biometrics Group Asa — Q4 2022 Earnings Presentation
14 slides from Next Biometrics Group Asa's earnings presentation, Feb 22, 2023
Slide 1: NEXT Biometrics Q4 Presentation
NEXT Biometrics Q4 Presentation February 22, 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 Q4 2022 Report and summary Business update Outlook Q&A session 3 NEXT Biometrics
Slide 4: Q4 2022
Q4 2022 NEXT Biometrics
Slide 5: Q4 2022 Summary
Q4 2022 Summary 1. New Design wins (new customers/products) A. Reached 2022 target during Q4 B. 3 new design wins in Q4 (medical cabinet, airport device and a bluetooth printer) C. Accumulated 36 design wins year end 2. Revenues A. Low end of our expectations (main reasons - further India delay and
Slide 6: Key Figures Q4-2022
Key Figures Q4-2022 Profit and loss Revenues • NOK 12.0 m vs. NOK 13.7 m in Q4 2021 NOK million Q4 2021 Q4 2022 • Revenues impacted by delays in India and selected customer’s semiconductor shortage Gross margin Revenue 13.7 12.0 • Adjusted gross margin1) of 24% vs. 50% in Q4 2021 COGS (6.8) (9.2) •
Slide 7: Business Update
Business Update NEXT Biometrics
Slide 8: India market update
India market update Finally, India Launched • Next generation biometric Aadhaar standard starting from Q1 2023 • Sunset date for current Aadhaar certified devices mid-2024 • Smaller tenders already open, larger tenders expected take of Q3/Q4 2023 • Millions of active devices to be replaced with next
Slide 9: Strategic partnership with Wiser Group
Strategic partnership with Wiser Group WISER Group (China) 1. Wiser Group is located with offices in Shanghai, Guangzhou and Hong Kong (https://www.wiserasia.com/) 2. Partner with experienced biometrics team & proven track record 3. Long history of successfully assisting Nordic and European tech com
Slide 10: Building global biometric distributor & partnership network
Building global biometric distributor & partnership network Biometric Distributors expands NEXT market reach and sales/distribution power • Global reach established to date: • 8 biometrics distributors: Latin America (2), Asia (5), Europe&Africa (1) • Strategic partnership with Wiser Group, China in
Slide 11: Outlook
Outlook NEXT Biometrics
Slide 12: Outlook
Outlook * 60 1. Continue with average 3 new design wins per quarter with a focus on FAP20 sensors • Target for 2023 year end 48 acc Design-wins 45 2. Wiser Group in China established, expected revenue growth from end of 2023 30 3. Launch of new biometric technology standard in India • Replace millio
Slide 13: QnA
QnA NEXT Biometrics
Slide 14: NEXT Biometrics Group ASA
NEXT Biometrics Group ASA www.nextbiometrics.com NEXT Biometrics
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