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

Half Year 2023 Idex Biometrics ASA Earnings Call Transcript

Aug 10, 2023 / 07:00AM GMT
Release Date Price: kr3.33 (-2.06%)
Vincent Graziani
IDEX Biometrics ASA - CEO

Good morning, good afternoon and good evening, everyone. Thank you for joining the IDEX Biometrics second quarter presentation.

I'm Vince Graziani, CEO of IDEX Biometrics and I really appreciate everybody joining for this call for the quarterly results.

It's important to recognize the normal disclaimers here that this presentation does contain some forward-looking statements. And we'll just take a moment to pause on that, so people can take a look and acknowledge. And then we can dive right in now to the quarterly highlights.

So we now have 18 banks coming to market with biometric smart cards based on IDEX biometrics. There's a new market entry with a bank in Azerbaijan this quarter. And we did also get a large order of USD 1 million from a large European card manufacturer for serving banks in Bangladesh, India and Eastern Europe. And this was the first and largest order so far for the IDEX Biometrics total solution, the IDEX Pay, and we'll talk more about that later.

Again, also on IDEX Pay, we were informed this quarter

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