Next Biometrics Group Asa · OSL:NEXT
Next Biometrics Group Asa — Q3 2022 Earnings Presentation
15 slides from Next Biometrics Group Asa's earnings presentation, Nov 2, 2022
Slide 1: NEXT Biometrics Q3 Presentation
NEXT Biometrics Q3 Presentation November 2, 2022 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 Q3 2022 Report and summary Outlook Q&A session 3 NEXT Biometrics
Slide 4: Q3 2022
BIOMETRICS Q3 2022 NEXT Biometrics
Slide 5: Q3 2022 Summary
Q3 2022 Summary 1. Design wins A. At win rate traction in Q3 – 3 new design wins (two design-wins were not announced due to initial revenue size and confidentiality of the projects/products) B. Accumulated 33 design wins end of Q3 - When all performing - enough to take NEXT to break-even 2. Revenue,
Slide 6: Key Figures Q3-2022
Key Figures Q3-2022 Profit and loss Revenues of NOK 14.4 m vs. NOK 12.4 m in Q3 2021 • Revenues continued to be impacted by customer’s semiconductor shortage NOK million Q3 2021 Q3 2022 Gross margin of 38% vs. 24% in Q3 2021 Revenue 12.4 14.4 • Improved product mix in Q3 2022 COGS (9.4) (9.0) OPEX e
Slide 7: Q3 Key takeaways
Q3 Key takeaways Positioned to grow faster than overall market with Revenue established design wins. First major increase will start when India regulator opens up market for our two main customers Cash burn of NOK 10.2 m mainly reflecting high shipments Cash flow to customers towards the end of Q3 ✅
Slide 8: General business update - Q3 2022
General business update - Q3 2022 Building global biometric distributor network • We have signed up additional distributors during Q3 and in total now 6 biometrics distributors globally • Biometric Distributors expands market-reach and our sales/distribution power • First orders already received fro
Slide 9: 2019/2020 - Dependent on one main revenue-generating design win
2019/2020 - Dependent on one main revenue-generating design win - Not sufficient to make NEXT profitable Laptop customer Legend DW and paying Customer Local Distributor 9 NEXT Biometrics Confidential
Slide 10: End Q3 2022 - Revenue through multiple design wins in all four market segments
End Q3 2022 - Revenue through multiple design wins in all four market segments - 33 performing design wins enough to take NEXT to break even - Largest short term, high volume potential from India via Tech-Giant and India OEM Legend DW and paying Customer Local Distributor 10 NEXT Biometrics Confiden
Slide 11: Outlook
BIOMETRICS utlook NEXT Biometrics
Slide 12: FAP20 Status and Outlook
FAP20 Status and Outlook FAP20 market potential • We see strong interest in replacing the optical sensors in favor of the slim FAP20 form factor • We will intensify co-operation with biometric distributors in selected markets/regions • Key markets: Africa, Latin Americas and selected countries in So
Slide 13: Outlook
Outlook Total number of design-wins (accumulated and projection) 60 1. Continue with 3 new design wins per quarter with a focus on FAP20 sensors • Target at least 36 Design-wins by end of 2022 45 2. Continued focus on distributor channels in growing biometric markets 3. Well-positioned in India with
Slide 14: QnA
QnA NEXT Biometrics
Slide 15: NEXT Biometrics Group ASA
NEXT Biometrics Group ASA www.nextbiometrics.com NEXT Biometrics
NEXT Biometrics Group — Q3 2022 Earnings Presentation on 6ix