The financial statements have been adjusted compared to the preliminary and unaudited 2024 results reported by NEXT Biometrics Group on 19 February 2025 in the following areas:
- A decrease in “Revenues” of NOK 0.4 million. The change is a result of recognition of discounts offered to customers to accelerate payments on account receivables in Q1 2025.
- An increase in “Other operating expense” of NOK 5.7 million in the income statement for 2024. The change is a result of revised assumptions for expected credit loss on account receivables.
- The profit after taxes for the NEXT Biometrics Group changed from negative NOK 39.0 million to negative NOK 45.2 million.
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 Biometrics
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.