Slide 1: IDEX Biometrics Third Quarter 2024 Presentation
TM IDEX Biometrics Third Quarter 2024 Presentation 29 October 2024 Copyright © 2024 IDEX Biometrics ASA. All 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: Third Quarter Highlights
Third Quarter Highlights IDEX Pay Visa approval Vasmobile Fintelco in Kenya for Visa’s biometric biometric school ID and wallet payment application solution KONA I, Mastercard approval for SentryCard360 for physical and metal biometric payment card logical access on biometric on IDEX Pay solution fr
Slide 4: Third Quarter 2024 Financial Summary
Third Quarter 2024 Financial Summary 4 Copyright © 2024 IDEX Biometrics ASA. All Rights Reserved.
Slide 5: Financial summary third quarter of 2024
Financial summary third quarter of 2024 Revenues in the third quarter totalled $0.1M Net Income in Q3 was $1.4M with Adjusted Revenue Net Loss of $4.8M. Adjustments are related to (million USD) the restructuring charges and debt /warrant derivate value changes Operating expenses reduced to $4.1M a 0
Slide 6: Third Quarter 2024 Commercial Update
Third Quarter 2024 Commercial Update 6 Copyright © 2024 IDEX Biometrics ASA. All Rights Reserved.
Slide 7: Products coming to market based on the IDEX Access platform
Products coming to market based on the IDEX Access platform SENTRY AUTHENTREND EMNOVATE Recently introduced a battery less Smart card for digital access with key Biometric smart card for enterprises multi-functional biometric card benefits such as biometrically secured focused on physical access con
Slide 8: IDEX Pay enabling banks to meet demand for biometric cards
IDEX Pay enabling banks to meet demand for biometric cards Enabling biometric payment cards Examples of use cases with banks approved Biometric Metal Card IDEX Pay Approved World’s first biometric metal card, Biometric payment solution, tactile certified by Mastercard, targeting markers and voice gu
Slide 9: KONA I first metal card producer certified by Mastercard in a growing metal card market
KONA I first metal card producer certified by Mastercard in a growing metal card market Metal cards (million) Banks drive differentiation with biometrics metal cards 26% 91,3 74,9 61 49,1 38,8 29,6 2021 2022 2023 2024 2025 2026 Metal cards growth, appeal to premium customers Affluent customers seek
Slide 10: Laser focus on seamless and scalable user experience
Laser focus on seamless and scalable user experience Market growth enabled by manufacturers scaling IDEX Pay and IDEX Access biometric platform solutions Complete solutions Business transformation Focused portfolio strategy driving market adoption and cost optimization for growing opportunities in A
Slide 11: IDEX trademarks notice
TM 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. Copyright © 2024 IDEX Biometrics ASA. All Rights Reserved.