IDEX Biometrics ASA (OSL:IDEX)
kr 0.251 0.0009 (0.36%) Market Cap: 85.03 Mil Enterprise Value: -10.71 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: kr17 (-7.98%)
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

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot