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 2023 Idex Biometrics ASA Earnings Call Transcript

May 23, 2023 / 07:00AM GMT
Release Date Price: kr4.62 (-6.77%)
Vincent Graziani
IDEX Biometrics ASA - CEO

Thank you, everyone, for attending the IDEX Biometrics Q1 presentation. Before we begin, it's important to acknowledge the normal disclaimers that go along with any one of these investor presentation, so please take a moment to read over this. And let's get going forward and dive right in. Those of you that have been following the company already know the details about our IDEX Biometric solution strategy. We have the industry-leading technology for biometric sensors and biometric matching technology.

That was our first development and then we decided to expand into a more complete solution. So we've added software in a card operating system to simplify development and speed time to market, and I'll talk more about that. And then we've now got complete solutions working together with partners. We have complete solutions for both payments and digital authentication. Altogether, we're targeting a very large market for -- today, there are more than 3 billion units of contactless cards per year and that number is growing. And also important to note that

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