Next Biometrics Group Asa · OSL:NEXT
Next Biometrics Group Asa — Q1 2022 Earnings Presentation
14 slides from Next Biometrics Group Asa's earnings presentation, May 11, 2022
Slide 1: NEXT Biometrics Q1 Presentation
NEXT Biometrics Q1 Presentation May 11, 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 Business update Q1 Report and summary Outlook Q&A session 3 NEXT Biometrics
Slide 4: Q1 and performance indicators
Q1 and performance indicators: 1. Design wins A. Below normal traction – 1 large design win but already early Q2, 3 new design wins B. 28 design wins one month into Q2 – a mix of small, medium, large, and exceptional volume potential 2. Revenue, 10.2 NOK (due to delays in India, order backlog and cu
Slide 5: Design Win – Fintech & Payments
Design Win – Fintech & Payments Financial inclusion in Africa Waxed Mobile to launch biometric Agriculture financial inclusion product (Raven) throughout Africa, starting in Nigeria • Management of microfinancing for farmers through a cashless agriculture ecosystem • The solution is already NBISS Bi
Slide 6: DW with Televic CCTV Access control system
DW with Televic CCTV Access control system Second design win from ICT customer Televic, Belgium (First design win was a voting system for Turkish parliament) • Biometric Access Control for jewelry chain covering shops, manufacturing and warehouse facilities • Sold to a leading European jewelry chain
Slide 7: Scaling up sales via biometric Distributors Q1
Scaling up sales via biometric Distributors Q1 Signed agreements with two new distributors in large biometric markets • Brazil: • Large biometric market with installed base that mainly consists of optical sensors • Market needs: high security and usability, multiple use cases • The distributor is ex
Slide 8: Agenda
Agenda Business update Q1 Report and summary Outlook Q&A session 8 NEXT Biometrics
Slide 9: Key Figures Q1-2022
Key Figures Q1-2022 Profit and loss Revenues of NOK 10.2 m vs. NOK 14.1 m in Q1 2021 • Revenues continued to be impacted by semiconductor shortage; revenues of NOK NOK million Q1 2021 Q1 2022 18.2 m if components had been available Revenue 14.1 10.2 Gross margin of 21% vs. 27% in Q1 2021 COGS (10.2)
Slide 10: Q1 Key takeaways
Q1 Key takeaways In line with earlier communicated target levels of NOK 15 m Operating costs / quarter ✅ Cash burn of NOK 7.5 m only confirming Cash flow positive trend starting in 2021 ✅ Design wins 4 Design Wins one month into Q2 ✅ Added two distributors with focus on two different large Sales and
Slide 11: Agenda
Agenda Business Update Q1 Report and summary Outlook Q&A session 11 NEXT Biometrics
Slide 12: Outlook
Outlook Total number of design-wins (accumulated) 40 Continue with 3 new design wins per quarter with main focus on FAP20 sensors 30 Added biometric distributors in two interesting markets 20 • Expecting initial new design wins during H2 22 10 Well-positioned in India with two large established part
Slide 13: NEXT Biometrics
NEXT Biometrics
Slide 14: NEXT Biometrics Group ASA
NEXT Biometrics Group ASA www.nextbiometrics.com NEXT Biometrics
NEXT Biometrics Group — Q1 2022 Earnings Presentation on 6ix