Q4 2018 Next Biometrics Group ASA Earnings Call Transcript
Good morning. Welcome to the Q4 report for NEXT Biometrics. My name is Ritu Favre, and I'm happy to welcome all of you to our report today.
We had done a business update on January 24 of 2019. So a lot of what we'll talk about today is covering that material as well as providing some updates on what we've done since that report. As we've talked about, NEXT has been on a really interesting journey over the past few years. We've been really working to grow the company.
So if you look at the phases of the company, we were in a phase where we were really establishing the core technology, the actual sensor technology for the company. Over the 2017 to 2018 time frame, we started to pivot the company to go from being a single-customer, single-product, single-market focus to a multicustomer, multimarket, multiproduct focus. And during 2017 and 2018, that's really what we worked on. It was to create this foundation for growth in those markets.
During the 2019 and 2020 time frame, we are very much focused now on scaling the business.
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