Next Biometrics Group Asa · OSL:NEXT
Next Biometrics Group Asa — Q2 2021 Earnings Presentation
12 slides from Next Biometrics Group Asa's earnings presentation, Aug 18, 2021
Slide 1: Q2 2021 Presentation
Q2 2021 Presentation 18 August 2021 www.nextbiometrics.com 1
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 • Business update • Update tech-giant • Recent partnership announcement • Growth agenda • Q2 Report and summary • Outlook • Q&A session
Slide 4: Recent developments
Recent developments • 5-year partnership agreement with tech-giant announced 10 March 2021: • NEXT engaged in several customer project including different products & markets • Initial larger purchase order expected during 2021 (delayed due to supply chain challenges) • New partnership with leading F
Slide 5: Paravision
Paravision • The Company • Face Recognition with AI and Computer vision software technology • San Francisco based • Approx. 60 employees globally • Several customers in US, EU Asia • Backed by both venture capital and strategic investors • NEXT improved biometric offering • Great match and complemen
Slide 6: Growth agenda – Design wins
Growth agenda – Design wins 25 Total number of design-wins (accumulated) Status design wins 20 • Total number of design-wins now at almost 20 and adding 1 new per month on average 15 • Establishing foundation for long-term recurring revenue growth • NEXT’s sensors are designed into products with 10
Slide 7: Agenda
Agenda • Business update • Update tech-giant • Recent partnership announcement • Growth agenda • Q2 Report and summary • Outlook • Q&A session
Slide 8: Key Q2 2021 Takeaways
Key Q2 2021 Takeaways • NOK 15.7 m in orders booked • Revenues booked at NOK 10.5 m due to supply chain challenges • FAP20 shipments low during Q2, but 50% of design wins • Strong PC-sensor order bookings during Q2, still unfilled backlog of NOK 5.2 m • Quarterly OPEX lower than communicated target
Slide 9: Key Figures Q2-2021
Key Figures Q2-2021 Profit and loss Orders received of NOK 15.7 m and revenue of NOK 10.5 m NOK million Q2 2020 Q2 2021 • Revenues impacted by currency and semiconductor shortage; revenues of NOK 16 m if components had been available Revenue 13.6 10.5 Gross margin of 21% vs. 13% in Q2 2020 COGS (11.
Slide 10: Outlook
Outlook • Main focus - NEXT updated Growth strategy • Structured increase of FAP20 design-wins • 1 new design-win per month since Q4 2019, aiming to increase further 25 Total number of design-wins • Additional design wins and purchase orders expected to be announced during (accumulated) remaining pa
Slide 11: www.nextbiometrics.com
www.nextbiometrics.com 11
Slide 12: NEXT Biometrics Group ASA
NEXT Biometrics Group ASA www.nextbiometrics.com
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