IDEX Biometrics ASA (FRA:I8X0)
€ 0.01 0 (0%) Market Cap: 11.85 Mil Enterprise Value: 3.74 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 60/100

Q1 2019 Idex ASA Earnings Call Transcript

May 09, 2019 / 07:30AM GMT
Release Date Price: €1.87
Stanley A. Swearingen
Idex ASA - CEO

Good morning, everybody, and welcome to IDEX Biometrics Q1 presentation. I'll draw your attention to the disclaimer. And as previous presentations, I will be giving some forward-looking comments. And please read this relative legal language around those sort of comments.

So when we started roughly 5 years ago, we had a thesis. And the thesis was if we put a biometric fingerprint sensor in a credit card format, it would bring significant value to many different verticals. So frequently, I look at this, and I look at market indications and are market indications reinforcing this thesis or causing us concern? So security, convenience and commercial value were the 3 pillars of this thesis. And I can say with excitement that everything we see further validates it. This is a compelling proposition for the market whether it'd be feedback from pilots we've done or feedback we're getting from issuers. It's clear that this is a winning value proposition.

When we look at the market, it's huge. And this is the market for total SmartCards. And the question

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