Idex Biometrics Asa · OSL:IDEX
Idex Biometrics Asa — Q3 2022 Earnings Presentation
25 slides from Idex Biometrics Asa's earnings presentation, Nov 14, 2022
Slide 1: IDEX Biometrics 3Q 2022 Presentation
Exhibit 99.4 IDEX Biometrics 3Q 2022 Presentation th 10 November 2022
Slide 2: Disclaimer
Disclaimer This presentation includes 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 projections about global economic c
Slide 3: IDEX solution strategy
IDEX solution strategy Payment and digital authentication Turnkey products to accelerate time-to-market Card operating system Proprietary platform to enable IDEX products and solutions Biometric components and software Industry pioneer in biometric authentication solutions Targeting the massive addr
Slide 4: IDEX company roadmap
IDEX company roadmap End To End implementation partner IDEX Turnkey solution with Card Operating System Biometric integration with Secure Element 2023+ partners Sensor solution TrustedBio 2022 -2021 Technology Optimization Solution enablement Commercial scale Copyright © 2022 IDEX Biometrics ASA. Al
Slide 5: Stakeholder benefits of biometrics
Stakeholder benefits of biometrics Cardholder Issuing Bank Merchant Acquiring Bank Convenience Fraud reduction Seamless acceptance Improved check-out Enhanced Authentication Peace of mind Customer satisfaction for higher purchase amounts Improved security Top-of-wallet Less friction and declines opt
Slide 6: Global consumer research confirms demand for biometric payment cards
Global consumer research confirms demand for biometric payment cards Germany KSA Singapore Brazil 80% 87% 82% 88% Canada Norway India Australia 80%+ 81% 84% 92% 73% of consumers across 14 markets find biometric USA South Africa Sweden cards convenient and secure 69% 86% 75% UK Turkey 70% 85% Masterc
Slide 7: Biometric smart cards Market Update
Biometric smart cards Market Update Addressable Market Current market momentum headwinds Chip component shortage > 3 BN cards per year Consumers confirms the demand for Biometric for dual interface cards • >2.4 billion payment Payment Cards cards - CAGR ~5% China lockdown – Increasing numbers of lea
Slide 8: IDEX solutions enable accelerated market adoption
IDEX solutions enable accelerated market adoption IDEX positioned for market inflection towards biometric payment cards Commercial scale Early commercialization Solution 2023+ Optimization Proof of technology 2022 -2021 Disruption Accessibility Efficiency Copyright © 2022 IDEX Biometrics ASA. All Ri
Slide 9: Disruptive products and solutions
Disruptive products and solutions A complete platform for biometric authentication solutions
Slide 10: IDEX product and solutions
IDEX product and solutions Hardware Software Services Largest sensor in the Anti-spoof and matching IDEX Customer Lab, industry to enable high algorithm outperforming Ready-to-launch performance with the payment scheme solutions and API library lowest power standards C Co op py yr riig gh ht t © © 2
Slide 11: Evolving IDEX Solution Offering
Evolving IDEX Solution Offering Strategic objectives Industry enablement services Biometric platform Leverage core investments with card operating system Biometric Ensure consistent and secure Software user experience Biometric Sensor Complete solutions for payments and digital authentication Effic
Slide 12: IDEX Technology advantage
IDEX Technology advantage >200 patents protecting our core technology Largest Sensor Image size and industry leading technology drive best user experience Only Secure Element and Sensor, no additional component required for efficient Fully Integrated Biometric System manufacturability The IDEX bread
Slide 13: IDEX technology platform enables multiple use-cases
IDEX technology platform enables multiple use-cases Our biometric technology drives new applications Payment (card present and card not present) Digital authentication Digital wallets Digital access (Physical/Logical) Crypto / CentralBank Digital Currency Protecting multiple value streams with one c
Slide 14: Digital authentication represents a $53 billion market
Digital authentication represents a $53 billion market IDEX Response Problem today $172B is spent on Enterprise Cyber Security Unique biometric card solutions for digital authentication in 2022 and step-up security Cost from ransomware attacks expected to grow Partnering with the world's most innova
Slide 15: IDEX goes to market with innovation leaders
IDEX goes to market with innovation leaders Digital Wallets Digital Access (Hardware/Token) (Including Multi Factor Authentication) Digital access Digital wallets High value subscription Crypto currency Secure access and authentication Digital currency (CBDC) Copyright © 2022 IDEX Biometrics ASA.
Slide 16: Commercial acceleration
Commercial acceleration
Slide 17: Biometric smart card market is building up across regions
Biometric smart card market is building up across regions Europe Asia-Pacific 23% of the global card payments value 43% of the card payments worldwide, with strong > 6 bank launches live and foreseen in 2022 mobile payments growth Rollouts driven by Tier1 and challenger banks Strong interest from In
Slide 18: Banks are launching, Europe and Middle East as front runners
Banks are launching, Europe and Middle East as front runners IDEX accelerates launches during H2 according to plan H1 2022 in Market H2 2022 in Plan Bank in UAE (IDEX) Rocker, Sweden (IDEX) Bank in UK (IDEX) Manager.one, France (IDEX) H2 2022 Bank in Jordan (IDEX) BNP Paribas, France (FPC) H1 2022 7
Slide 19: Specific bank customer segments are driving early adoption
Specific bank customer segments are driving early adoption Affluent Tech savvy Corporate Special needs Frequent and high Young pros seeking Clients in need of stronger People who struggle to networth customers, differentiation and security to conduct high maintain multiple travelling and interested
Slide 20: Third quarter highlights
Third quarter highlights Payments Digital Authentication Major bank in UAE launched full-scale biometric US based Sentry integrating IDEX TrustedBio sensor into payment card program with IDEMIA on IDEX their biometric identity platform, SentryCard Biometrics sensor solution Reltime and IDEX forming
Slide 21: Q3 Financial Summary
Q3 Financial Summary Operating business model
Slide 22: Q3 2022 Financial Summary
Q3 2022 Financial Summary Revenues impacted by supply chain SUMMARY PROFIT & LOSS ($ Q3 2022 Q2 2022 Q1 2022 Q4 2021 Q3 2021 000) • Production delays due to Covid related lockdowns in Q2 Product 844 1 005 989 787 731 • Supply chain ramping back to normal Services 84 103 - - 1 Total Revenue $928 $ 1
Slide 23: Strong operating leverage in long-term model
Strong operating leverage in long-term model Potential for extraordinary revenue growth Expanding opportunity pipeline Rapidly increasing backlog and pending design wins Solution sales driving higher margins Target operating model at scale: Scalable fabless semiconductor model Long-term goal of 50%+
Slide 24: Summary: Enabling the next generation of payments and authentication
Summary: Enabling the next generation of payments and authentication Multi-billion Industry leading Disruptive Capturing market customer biometric a market opportunity experience solution inflection point C Co op py yr riig gh ht t © © 2 20 02 22 2 IID DE EX X B Biio ome met tr riic cs s A AS SA A..
Slide 25: Thank you
IDEX Biometrics Thank you IDEX, TrustedBio, IDEX Biometrics and the IDEX logo are trademarks owned by IDEX Biometrics ASA. All other brands or product names are the property of their respective holders. Copyright © 2022 IDEX Biometrics ASA. All Rights Reserved.