Fingerprint Cards Ab Class B · OMXSTO:FING_B
Fingerprint Cards Ab Class B — Q1 2025 Earnings Presentation
11 slides from Fingerprint Cards Ab Class B's earnings presentation, Apr 29, 2025
Slide 1: Q1 2025 Earnings Presentation
Q1 2025 Earnings Presentation Adam Philpott, CEO Fredrik Hedlund, CFO 29 April 2025 © 2025 FPC | Confidential Internal
Slide 2: Agenda
Agenda • Executive summary • Transformation traction: o Year 1 of transformation: Driving Profitable Growth o Year 2 of transformation: Executing to Accelerate Growth o Strategic Execution o Anonybit Cloud Partnership o Discontinued Operations • Q1 2025 Financials • Q&A © 2025 FPC | Confidentia
Slide 3: Executive summary – Q1 2025
Executive summary – Q1 2025 Ongoing Operations: • Revenue from ongoing operations doubled YoY (+100%) Key figures • Gross margin reached 56.6%, significantly above margins in Q1 Q1 FY discontinued Mobile and PC SEKm 2025 2024 Change 2024 • EBITDA performance underpinned by SEK 29.5m Smart Eye deal;
Slide 4: Year 1 of transformation: Driving profitable growth
Year 1 of transformation: Driving profitable growth Strategic transformation Three phase plan 1 2 ✓ STABILITY PHASE Portfolio Refresh Cost Optimization Focus on cost optimization, financial discipline, and ONE Core high margin products 3 4 Strengthen Balance ✓ ACCELERATE GROWTH PHASE Strategy TWO Sh
Slide 5: Year 2 of transformation: Executing to Accelerate Growth
Year 2 of transformation: Executing to Accelerate Growth Strategic execution Three phase plan STABILITY PHASE Focus on cost optimization, financial discipline, and 1 2 Core high margin products ONE Core Revenue Asset Growth Monetization ✓ ACCELERATE GROWTH PHASE 3 4 Strategically invest for profitab
Slide 6: Strategic Execution
Strategic Execution 1. Core Revenue Growth 2. Asset Monetization • Sales capacity: Expand prospecting capacity • Patent partnership: Continue to monetize through headcount and productivity tools patent base, focusing on high-value IP • Marketing engine: Drive top-of-funnel by • Licensing models: Opt
Slide 7: Anonybit Cloud Partnership
Anonybit Cloud Partnership What we said in January 2025… What we have done since… • Integrated with PingOne DaVinci: Launched decentralized, multi-modal biometric authentication with key IAM player • Expanded enterprise flexibility: Passwordless authentication for office, remote, and frontline users
Slide 8: Discontinued Operations
Discontinued Operations What it is Revenue: Core vs Discontinued • Mobile and PC - exited low-margin Asia business Q1 Q1 FY • Classification under IFRS 5 for operations exited SEKm 2025 2024 Change 2024 • Reported separately to isolate discontinued activities Revenue 18.2 9.1 +100% 60.2 Why we are u
Slide 9: Key figures – Q1 results
Key figures – Q1 results Key Figures Q1 Dynamics Q1 Q1 FY • Revenue: +100% YoY growth SEKm 2025 2024 Change 2024 • Gross margin: 56.6% Revenue 18.2 9.1 +100% 60.2 • EBITDA: SEK 10.7m, driven by SEK 29.5m Smart Eye licensing (SEK 17.5m cash, SEK 12.0m non-cash) Gross profit 10.3 6.0 +71% 36.6 • FCF:
Slide 10: Q1 Summary: Progress and Strategic Outlook
Q1 Summary: Progress and Strategic Outlook Solid Progress on Strategic Turnaround fundamentals • Revenue doubled YoY in core business • Gross margin of 56.6%, reflecting shift to high-value products • Operational efficiency: Headcount -27% QoQ, -70& YoY Key Milestones Achieved • Completed exit from
Slide 11: Q&A
Q&A www.fpc.com www.fpc.com © 2025 FPC | Confidential Internal