Next Biometrics Group Asa · OSL:NEXT
Next Biometrics Group Asa — Q1 2023 Earnings Presentation
12 slides from Next Biometrics Group Asa's earnings presentation, May 12, 2023
Slide 1: NEXT Biometrics Q1 Presentation
NEXT Biometrics Q1 Presentation May 12, 2023 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 Q1 2023 Report and summary Outlook Q&A session NEXT Biometrics
Slide 4: Q1 2023 NEXT Biometrics
Q1 2023 NEXT Biometrics
Slide 5: Q1 2023 - Summary
Q1 2023 - Summary 1.New Design-wins (new customers/products) • 2 new design-wins in Q1 • Accumulated 38 design-wins as of March 31, 2023 2.Q1 Revenues low • Temporary low Q1 Notebook sensor shipments (inventory adjustment) • India migrating from L0 to L1; delay in India orders • Low shipment volumes
Slide 6: Q1 2023 - After Q1 closing
Q1 2023 - After Q1 closing 1. India • MoU signed with additional L1 OEM Partner in India with USD1.4 million PO at signing of final agreement (Q3) • OEM Partner with their own Point of Sales terminal (expected sales volume USD 1.4-2.8 million/year) • First L1 volume tender now open for 100K units, b
Slide 7: Q1 2023 - Key Figures
Q1 2023 - Key Figures Profit and loss Revenues • NOK 6.8 m vs. NOK 10.2 m in Q1 2022 • Revenues impacted by delays in India NOK million Q1 2022 Q1 2023 Gross margin Revenue 10.2 6.8 • Adjusted gross margin1) of 21% vs. 21% in Q1 2022 • Q1 product mix with high PC-sensors share COGS (8.0) (5.4) Adjus
Slide 8: Outlook
Outlook NEXT Biometrics
Slide 9: NEXT proof points to date
Q1 2023 - NEXT proof points to date 1. Products valid/competitive 2. Customers segments relevant 3. Financial Margins relevant 4. Cost Control The last piece 5. The missing piece of the puzzle - Large volume customer(s) HOW do we plan fixing increased Revenues? 9 NEXT Biometrics NEXT BIOMETRICS
Slide 10: NEXT revenue build-up
NEXT revenue build-up What will be main revenue contributors? A. Notebook segment currently driving recurrent revenue B. Second large volume driver will be Break even D India L1 C C. We are in dialogue with multiple large- volume customer(s) B D. In addition we have 30+ Design Wins A This graph is o
Slide 11: QnA
QnA NEXT Biometrics
Slide 12: NEXT Biometrics Group ASA
NEXT Biometrics Group ASA www.nextbiometrics.com NEXT Biometrics
NEXT Biometrics Group — Q1 2023 Earnings Presentation on 6ix