Idex Biometrics Asa · OSL:IDEX
Idex Biometrics Asa — Q1 2023 Earnings Presentation
20 slides from Idex Biometrics Asa's earnings presentation, May 25, 2023
Slide 1: IDEX Biometrics Q1 2023 Presentation
IDEX Biometrics Q1 2023 Presentation May 23, 2023 CopyrightCopyright © 2023 IDEX © 2023 Biometrics IDEX Biometrics ASA. All ASA. RightsAll Reserved. Rights Reserved. |
Slide 2: Disclaimer
Disclaimer This presentation includes 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 projections about global economic c
Slide 3: IDEX Biometrics solution strategy
IDEX Biometrics solution strategy Payment and digital authentication Complete solutions to accelerate time-to-market Card operating system Proprietary platform to enable IDEX products and solutions Biometric technology and software Industry pioneer in biometric authentication solutions Targeting the
Slide 4: First Quarter 2023 Financial Summary
First Quarter 2023 Financial Summary Copyright © 2023 IDEX Biometrics ASA. All Rights Reserved. |
Slide 5: Financial summary first quarter 2023
Financial summary first quarter 2023 Year-over-year revenue growth of 26% SUMMARY PROFIT & LOSS ($ 000) Q1 2023 Q4 2022 Q3 2022 Q2 2022 Q1 2022 • Revenues increasing 16% quarter over quarter Product 1 242 1051 844 1005 989 • This revenue growth reflects shipment to two largest manufacturing partners
Slide 6: First Quarter 2023 Commercial Update
First Quarter 2023 Commercial Update Copyright © 2023 IDEX Biometrics ASA. All Rights Reserved. |
Slide 7: Quarterly highlights
Quarterly highlights Payments Digital Authentication Card Manufacturers and Ecosystem Four Turkish banks and fintechs MCS Microsystem, Malaysia E-Kart, Turkey confirmed to launch PONE, Norway Metal cards, two global Three major banks in Bangladesh also manufacturers Sentry Wallet, US confirmed to la
Slide 8: Card manufacturers in acceleration with IDEX Biometrics
Card manufacturers in acceleration with IDEX Biometrics 3000+ banks reached by IDEX Biometrics manufacturers 72 5 19 10 Premium Financial 22 4 Card Manufacturer 120 Global Card Manufacturer xx 13 28 736 Metal Card Manufacturer 30 Million Cards - Annual card production volume; Nilson Report 2022 Annu
Slide 9: 16 additional banks launching biometric payment cards with IDEX Biometrics
7 additional banks launching biometric payment cards with IDEX Biometrics 2 pan-Nordic banks 16 banks in total launching with IDEX Digital Issuer and Processor, UK Digital Bank Challenger, Sweden 50 million cardholders with these banks Corporate Card Issuer, France 762 million 4 issuers in Turkey La
Slide 10: IDEX Biometrics is accelerating globally: focus on Europe, Turkey, and India
IDEX Biometrics is accelerating globally: focus on Europe, Turkey, and India Europe Turkey India 637m payment cards in circulation 265m payment cards in circulation 1bn payment cards in circulation 16.9m merchant terminals 2m merchant terminals 4.7m merchant terminals 78% contactless penetration $21
Slide 11: IDEX Biometrics addresses large and well-established markets
IDEX Biometrics addresses large and well-established markets EMV Payment Cards in Annual card issuance Global cost for Identity access Circulation cyber-crimes in 2023 management market >12 billion 3 billion $8.4 trillion 1 $50-100 billion Key drivers for biometric cards: Key drivers for biometric c
Slide 12: Market Outlook: Enabling the future of payments and authentication
Market Outlook Enabling the future of payments and authentication Biometric Payment Card Shipments IDEX has accelerated market penetration. Currently 13 card manufacturers for payment 300M cards 250M 12 card manufacturers well in commercialization phase with the IDEX 200M Shipments complete solution
Slide 13: One integrated and scalable solution – multiple applications
One integrated and scalable solution – multiple applications One solution platform Flexible and scalable products, new segment penetration Largest biometric sensor in the Secure Payments industry enabling high Seamless and faster experience performance with lowest power with enhanced security for co
Slide 14: Industry acceleration from pin and passwords to biometrics
Industry acceleration from pin and passwords to biometrics Market Trends Regulatory Environment Industry Standardization Confirmed increased interest for EU Directive Payments Accessibility Act: Mastercard and Visa biometric biometric payment cards inclusive payments and biometrics across payment ca
Slide 15: Go To Market Strategy
IDEX Biometrics Go To Market Strategy Best practice implementation model – Turkey blueprint Market Assessment Ecosystem Partnership Banks and Fintechs Card to Consumers Consumer demand Payment networks Key target segments Consumer confirmed Manufacturing set-up Consumer value communication Card busi
Slide 16: Business model
IDEX Biometrics Business model Payment IDEX IDEX Products IDEX Go To Market and Banking Biometrics 1 Biometric sensor ▪ Direct sales Biometric system Public and 2 ▪ Partners Private Services (sensor + software) 3 Certified card solution ▪ Resellers (incl. COS and applications) Enterprise/ Gov’t Secu
Slide 17: Enabling the entire value chain to bring biometric payment cards to consumers
IDEX Biometrics enables the entire value chain to bring biometric payments cards to consumers Technology Providers Personalization bureaus, Processors and Issuers Card Manufacturers Sensor + Matcher Payment Networks Secure Element Card OS Card Interconnect with proprietary SE + COS + Inlay IDEX Biom
Slide 18: Strong operating leverage in long-term model
Strong operating leverage in long-term model Foundation for strong revenue growth Solid customer 13+ card manufacturers serving both payments and access Certified card solution enables tier 2 and tier 3 card makers: Lower barrier to investment enables new manufacturers to access biometric cards Shor
Slide 19: Enabling the future of payments and authentication
Summary: Enabling the future of payments and authentication Multi-billion Industry leading Disruptive Capturing market customer biometric a market opportunity experience solution inflection point Copyright © 2023 IDEX Biometrics ASA. All Rights Reserved. | 19
Slide 20: Thank You
Thank You IDEX, TrustedBio, IDEX Biometrics and the IDEX logo are trademarks owned by IDEX Biometrics ASA. All other brands or product names are the property of their respective holders. CopyrightCopyright © 2023 IDEX © 2023 Biometrics IDEX Biometrics ASA. All ASA. RightsAll Reserved. Rights Reserve