Next Biometrics Group Asa · OSL:NEXT
Next Biometrics Group Asa — Corporate Update (May 2023)
9 slides from Next Biometrics Group Asa's corporate update, May 2023
Slide 1: Groundbreaking NEWS: NEXT important milestone
Groundbreaking NEWS NEXT important milestone 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: NEXT important milestone: The Asian distributor
NEXT important milestone The Asian distributor • NEXT has signed a preferred supplier agreement with Asian distributor • A 3-year contract with automatic extension of 2 years • Customer targets (3 years) order volumes of minimum NOK 110 million • NEXT agreed to guarantee (3 years) production capacit
Slide 4: Asian Distributor
Asian Distributor • Selling to existing OEM products with existing volumes in the market • NEXT will replace current sensor providers as new preferred supplier • Serving large and prestigious fingerprint sensor customers • Delta between targeted minimum volumes vs. guaranteed volumes indicates that
Slide 5: NEXT proof points with important milestone
NEXT proof points with important milestone 1. Products valid/competitive 2. Customers segments relevant 3. Financial Margins relevant 4. Cost Control The last piece - Revenue 5. Todays proof point - Large volume customer NEXT BIOMETRICS NEXT Biometrics
Slide 6: NEXT revenue build-up
NEXT revenue build-up What will the main revenue contributors be? A. Notebook segment currently driving E recurrent revenue D B. India L1 will be large volume driver Break even C. Asian distributor, min target volume C D. Asian distributor, guaranteed volume B E. In addition we have 30+ Design Wins
Slide 7: Summary
Summary Asian Distributor • Volumes in this contract are for existing OEM products with existing volumes in the market • Customer targets (3 years) order volumes of minimum NOK 110 million • Total contract value incl. extension & guaranteed capacity up to NOK 400 million • Delivery will start latest
Slide 8: QnA
“ee NEXT BIOMETRICS nA
Slide 9: www.nextbiometrics.com
NEXT BIOMETRICS www.nextbiometrics.com NEXT BIOMETRICS CONFIDENTIAL