Fingerprint Cards Ab Class B · OMXSTO:FING_B
Fingerprint Cards Ab Class B — Q3 2025 Earnings Presentation
13 slides from Fingerprint Cards Ab Class B's earnings presentation, Oct 28, 2025
Slide 1: Q3 2025 Earnings Presentation
Q3 2025 Earnings Presentation Adam Philpott, CEO Fredrik Hedlund, CFO October 28, 2025 © 2025 FPC
Slide 2: Agenda
Agenda 01. 02. 03. Executive Transformation Asset summary Plan Monetization 04. 05. 06. Core Growth New Growth Business Modernization 07. 08. 09. Key Figures Future Growth Q&A © 2025 FPC
Slide 3: Executive summary – Q3 2025
Executive summary – Q3 2025 Cash Burn and EBITDA Key figures • Building towards positive EBITDA and FCF in via double-digit profitable growth and asset monetization Q3 Q3 Q2 SEKm 2025 2024 Change 2025 Asset Monetizations Revenue 20.4 15.2 +35% 15.7 • Upfront cash deals: Egis SEK 24m in Q3; Pixart SE
Slide 4: Year of transformation: Accelerate Growth
Year 2 of transformation: Accelerate Growth Strategic execution Three phase plan 1 Egis SEK 24m STABILITY PHASE Pixart SEK 19m Asset Monetization Focus on cost optimization, financial discipline, and ONE Core high margin products 2 53% YoY YTD Growth: Core AllKey Pipeline Business ✓ ACCELERATE GROWT
Slide 5: Asset Monetization: Scalable and Capital-Light Growth Engine
1 Asset Monetization: Scalable and Capital-Light Growth Engine Asset Monetization 2025 Deals1 (Cash Upfront) A B C SEK 19M Discontinued Assets Operating Assets Capabilities • Mobile IP (Egis) • IRIS (SmartEye) • Engineering (Egis) SEK 24M • PC IP (Egis, Pixart) • Generic IP (Egis) • Algorithms • Sof
Slide 6: Core Growth: From Sensors to Systems
2 Core Growth: From Sensors to Systems 2025: Component Provider 2026+: Full System Innovator Financial & Strategic Implications Host Device Host Device • Total Cost to Client ↓ ✓ Fingerprint Sensor ✓ Fingerprint Sensor • Revenue (~3x ASP) ↑ ✓ Software • Profitability ↑ • Commercial Velocity ↑ ✓ Memo
Slide 7: Core Growth: Expanded AllKey Product Family
2 Core Growth: Expanded AllKey Product Family New New AllKey (Standard) AllKey Pro AllKey Ultra AllKey Ultra Edge Versatile entry-level platform Enhanced security and features Highest security platform Allkey Ultra - Slim form factor • Fingerprint authentication and • Enhanced security • Integrated
Slide 8: New Growth Areas – Iris and Identity Cloud
3 New Growth Areas – Iris and Identity Cloud IRIS FPC Identity Cloud • CMITech’s EF-70: Broader Iris adoption • Launched Microsoft Entra product • Smart Eye partnership: Small form-factor Face, • Cloud fingerprint integration Eye-tracking and Iris modality • Go-to-Market: Expanded US capacity EF-70
Slide 9: Business Modernization – AI Operations
4 Business Modernization – AI Operations Headcount 1 (#) Operational Leverage -54% Sales modernization: 107 • AI-driven agentic marketing • AI-driven agentic lead-generation 49 Engineering: • AI-enabled coding (cycle-time ↓, quality ↑) Target Business services: Q3’24 Q3’25 Future • Automation, data-
Slide 10: Key figures – Q3 results
Key figures – Q3 results Q3 Dynamics Key Figures Q3 Q3 Q2 • Revenue: +35% YoY growth (+ 53% YTD 2025) SEKm 2025 2024 Change 2025 • Gross margin: 68.6% (58.7% YTD 2025) Revenue 20.4 15.2 +35% 15.7 • EBITDA: SEK -9.8m, driving toward positive EBITDA Gross profit 14.0 8.5 +65% 7.6 • FCF: SEK -2.3m, dri
Slide 11: Future Growth: Fragmented Identity Ecosystem Opportunity
Future Growth: Fragmented Identity Ecosystem Opportunity $120B Digital Identity Market growing >20% annually1 © 2025 FPC Sources: (1) Market Research Future: Digital Identity Market, 2025; (2) Picture: Aculty Market Intelligence.
Slide 12: Q3 Summary: Progress and Strategic Outlook
Q3 Summary: Progress and Strategic Outlook Solid Progress on Strategic Focus Key Milestones Achieved Strategic Turnaround Going Forward • Core revenue growth of 35% • Monetized assets in Q4 (SEK 19m, Pixart), • Transformation Year 2: YoY Q3. (53% YoY YTD: ~2x1 securing cash and ongoing royalty strea
Slide 13: Q&A
Q&A www.fpc.com www.fpc.com © 2025 FPC