Oslo, 19 August 2025 - NEXT Biometrics Group ASA ("NEXT Biometrics" or the "Company") has become aware of irregularities and/or potential fraud in its China business relating to historical sales, payment terms and order processes. As a result, the Company has prepared a preliminary restated NEXT Biometrics consolidated condensed income statement, balance sheet and cash flow statement for the group for 2024. The restatements have a total negative equity effect of NOK 8.9 million for the 2024 financial year. Please refer to the attached document for further details.
The information in this stock exchange announcement is considered to be inside information pursuant to Article 17 of the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Eirik Underthun, CFO of NEXT Biometrics Group ASA on 19 August 2025 at 22:45 CEST.
About NEXT Biometrics:
NEXT Biometrics is a pioneer of high-security biometric authentication, enabling users to live simpler, safer lives.
NEXT Biometrics was founded on the belief that strong authentication and identification can be secure, seamless and cost effective for governments and businesses with Active Thermal® technology. More than 25 years later, NEXT has retained its Norwegian heritage and grown to serve customers globally.
Today, our solutions are used by billions of users each year across 10+ national ID and local programs, 150.000+ POS terminals, 25+ laptop and tablet models from tier-1 OEMs, and physical and logical access control implementations. Through state-of-the-art technology, deep industry expertise and close collaboration with partners for seamless integration, Active Thermal® biometrics can make life simpler and safer for everyone.
For more information, visit NEXT Biometrics, read our blog and follow us on LinkedIn. NEXT Biometrics is listed on Euronext (NEXT.OL).
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NEXT Investor contact:
Ulf Ritsvall (CEO), ulf.ritsvall@nextbiometrics.com
Eirik Underthun (CFO), eirik.underthun@nextbiometrics.com