Next Biometrics Group Asa · OSL:NEXT
Next Biometrics Group Asa — Q4 2023 Earnings Presentation
14 slides from Next Biometrics Group Asa's earnings presentation, Feb 14, 2024
Slide 1: NEXT Biometrics Group ASA Q4 Presentation
NEXT BIOMETRICS GROUP ASA Q4 Presentation February 14, 2024 nextbiometrics.com
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 of the day
Agenda of the day Q4 results presentation: 11.00 – 11.25 Capital Markets Day: 11.30 – 14.00 3
Slide 4: Today's Q4 Results Presentation Speakers
Today’s Q4 Results Presentation Speakers BILD BILD Ulf Ritsvall Eirik Underthun CEO, NEXT Biometrics CFO, NEXT Biometrics 4
Slide 5: Agenda
Agenda 1. Business update 2. Q4 Highlights 3. Outlook 4. Q&A 5
Slide 6: Q4 2023 - Summary
Q4 2023 - Summary Key developments in the quarter • 2 new design wins (46 accumulated) • Q4 Revenues at NOK 14.3 million (up 19% compared to Q4 2022) • Announced new purchase orders amounting to NOK 20 million during quarter • Increased Gross Margin of 45% (improved from 24% in Q4 2022) • Continued
Slide 7: Significant progress in both India and China
Significant progress in both India and China • ACPL picked up first batch FAP20 sensors for its L1 reader product • Distributor placed NOK 12 million FAP20 order and picked up the first batch of sensors for India L1 products • New Indian OEM signed MoU for making Bluetooth-enabled L1 device • Asian
Slide 8: Q4 Financials
Q4 FINANCIALS NEXT BIOMETRICS GROUP ASA
Slide 9: Q4 2023 - Key Figures
Q4 2023 - Key Figures Profit and loss Revenues NOK million Q4 2022 Q4 2023 NOK 14.3 m vs. NOK 12.0 m in Q4 2022 Revenue 12.0 14.3 Gross margin • Adjusted Gross margin1) of 45% vs. 24% in Q4 2022 COGS (9.1) (7.8) Operating expenses • OPEX ex. options of NOK 14.8 m vs. NOK 11.9 m in Q4 2022 Gross marg
Slide 10: Status and Outlook
STATUS AND OUTLOOK NEXT BIOMETRICS GROUP ASA
Slide 11: 2023 Highlights and 2024 Outlook
2023 Highlights 2024 Outlook • Secured Chinese contracts estimated value NOK 130 – • Anti-spoofing is a big demand from customers in mature 270 million over 3 years biometric markets • First stocking order for ChinaID market • NEXT improves its position in the value chain of Biometrics industry from
Slide 12: Outlook
Outlook • NEXT expects 20 % increase in revenues in Q1 2024 (Q4 2023 to Q1 2024) • NEXT is expecting EBITDA to break-even in Q2 2024 • Already secured contracts and design-wins with NOK 200 million in total annual revenue potential • Potential growth beyond this is large, both from already existing
Slide 13: NEXT Biometrics Group ASA
NEXT BIOMETRICS GROUP ASA
Slide 14: nextbiometrics.com
nextbiometrics.com NEXT BIOMETRICS GROUP ASA
NEXT Biometrics Group — Q4 2023 Earnings Presentation on 6ix