NEXT Biometrics Announces Preliminary Q3 2024 Revenue Update

NEXT Biometrics (NEXT), a leading global provider of fingerprint sensor technology, today announced its preliminary revenue figures for the third quarter of 2024, reporting approximately NOK 27 million for the period.

Product gross margins in the quarter continued to be strong, and operating expenses remained stable.

The company anticipates to report a plus/minus zero EBITDA for the quarter.

The Q3 2024 financial report will be presented on November 6, 2024.

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

For more information, please contact:
Ulf Ritsvall, Chief Executive Officer
ulf.ritsvall@nextbiometrics.com

Eirik Underthun, Chief Financial Officer
eirik.underthun@nextbiometrics.com

About NEXT
NEXT provides advanced fingerprint sensor technology that delivers uncompromised security and accuracy for the best possible user experience in the payment and fintech, government ID, access control and office and notebook markets. The company’s patented NEXT Active Thermal ® principle allows the development of large, high-quality fingerprint sensors with superior security level. NEXT Biometrics Group ASA is headquartered in Oslo, with sales, support, and development operations in Seattle, Taipei, Tokyo, New Delhi and Shanghai.