Next Biometrics Group Asa · OSL:NEXT
Next Biometrics Group Asa — Q1 2021 Earnings Presentation
9 slides from Next Biometrics Group Asa's earnings presentation, May 12, 2021
Slide 1: Q1 2021 Presentation
Q1 2021 Presentation 12 May 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 • Q1 Report and summary • Outlook • Q&A session
Slide 4: Key Q1 2021 Takeaways
Key Q1 2021 Takeaways • Revenues in line with budget expectations • Gross Margin towards target with FAP 20 driving GM upwards • Quarterly OPEX in line with communicated target • Strong Balance Sheet through successful Private Placement • Business fundamentals established, top priority - our updated
Slide 5: Key Figures Q1-2021
Key Figures Q1-2021 Profit and loss Revenue of NOK 14.1 m NOK million Q1 2020 Q1 2021 Gross margin of 27% vs. 17% in Q1-2020 Revenue 20.5 14.1 • Improved product mix COGS (17.0) (10.2) OPEX ex options1) of NOK 14.8 m vs. NOK 37.0 m in Q1-2020 Gross margin 3.4 3.8 • Cost reduction program completed G
Slide 6: Defined Growth strategy
Defined Growth strategy Total number of design-wins • With strong balance sheet, low-cost operations, focus on (accumulated) driving updated growth strategy: 18 • What - Key product defined • Who - Key customer Segments defined • How - Structured focus on Design-wins 14 • 4 New design wins during Q1
Slide 7: Outlook
Outlook • Main focus - NEXT updated Growth strategy • Structured increase of design-wins • 16 new design-wins since Q4 2019, will contribute to future revenue growth • Additional design wins expected to be announced during the remaining part of 2021 • FAP20 most important product due to its consider
Slide 8: Q&A
Q&A www.nextbiometrics.com
Slide 9: NEXT Biometrics Group ASA
NEXT Biometrics Group ASA www.nextbiometrics.com
NEXT Biometrics Group — Q1 2021 Earnings Presentation on 6ix