Next Biometrics Group Asa · OSL:NEXT
Next Biometrics Group Asa — Q4 2020 Earnings Presentation
13 slides from Next Biometrics Group Asa's earnings presentation, Feb 24, 2021
Slide 1: Q4 2020 and business update
Q4 2020 and business update 24 February 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 • Q4 Financial Summary • Outlook • Q&A session
Slide 4: Recent developments
Recent developments • NEXT transformation program ongoing; starting to see strong effect of actions taken • Number of design-wins continues to grow. 15 design-wins since Q4 2019 • NEXT Active Thermal sensor technology positioned to disrupt $1.5 billion growing FAP20 large area sensor market • Paymen
Slide 5: Design-wins multiplied
Design-wins multiplied • Establishing foundation for long-term recurring revenue growth • NEXT’s sensors are designed into products with lifecycles of 4-8 years, implying stickiness and long-lasting customer relationships • Some design-wins will be more important than others, but a high number of de
Slide 6: NEXT's FAP20 positioned to disrupt
NEXT’s FAP20 positioned to disrupt Advantages of NEXT Active Thermal sensor technology NEXT FAP20 unique selling points Ultra slim form-factor for a FAP20 size sensor (fits well with mobile/portable devices) Disruptive price points for customers, still with strong gross margin for NEXT PIV certified
Slide 7: Sizeable and untapped market
Sizeable and untapped market FAP20 global market (USDbn)1 • Large USD 1.5bn and growing market • High margin product with untapped potential • Current market price approx. $20-35 per sensor • High customer interest, first large POs received (Credence ID); volume picking up. Newland placing recurring
Slide 8: PC business rejuvenated
PC business rejuvenated • First purchase order for new premium PC sensor product (NEXT Secure Bio) announced • Higher sensor price compared to previous sensor solutions • Compliant with Microsoft SecureBIO requirements • Developed together with global technology leader Broadcom Inc. for NEXT top tie
Slide 9: Traction in Payment and Fintech
Traction in Payment and Fintech Europe / world-wide China / world-wide India Crypto currency wallet based Worlds second largest Fast moving India POS and on blockchain technology payment terminal maker biometric device partner Placed first order in Q4 2020 Placing recurring orders for Placed initial
Slide 10: Key Figures Q4-2020
Key Figures Q4-2020 Profit and loss Revenue of NOK 8.8 NOK million Q4 2019 Q4 2020 Gross margin of 16% vs. -2% in Q4-2019 Revenue 9.2 8.8 OPEX2) of NOK 10.6 m vs. NOK 44.3 m in Q4-2019 COGS (9.4) (7.3) • Cost reduction program completed Gross margin (0.2) 1.4 EBITDA ex options improved by NOK 35 m c
Slide 11: Outlook
Outlook NEXT design-wins accelerated, multiple deals announced, traction across all three main product areas • Design-wins continues to grow with 15 design-wins since Q4 2019 • NEXT Active Thermal sensor technology likely to disrupt $1.5 billion growing FAP 20 sensor market • FAP20 key success facto
Slide 12: Q&A
Q&A www.nextbiometrics.com
Slide 13: NEXT Biometrics Group ASA
NEXT Biometrics Group ASA www.nextbiometrics.com
NEXT Biometrics Group — Q4 2020 Earnings Presentation on 6ix