News Archive 2018

16.02.2018

NEXT Biometrics contribution margin turns positive

Next Biometrics Group ASA is pleased to announce that the company recorded a positive gross margin for January 2018. This was the company's first month with gross profit, and a confirmation that NEXT is on track to deliver on its previously communicated goal of generating a positive gross margin in the first quarter of 2018.

Implementation of the company’s new ASIC and further improved yields have contributed to a steady improvement in margins.

Further information will be provided at NEXT’s Capital Markets Day March 1.

 

ABOUT NEXT Biometrics:
NEXT provides secure easy-to-use fingerprint sensor technology for authentication in the smart card, government ID, access control and notebook markets. The company’s patented NEXT Active Thermal principle allows the development of large, high quality fingerprint sensors in both rigid and flexible formats. NEXT Biometrics Group ASA (www.nextbiometrics.com) is headquartered in Oslo, with sales, support and development operations in Seattle, Silicon Valley, Taipei, Prague and Shanghai.

Investor contacts for NEXT Biometrics:
Ritu Favre (CEO), ritu.favre@nextbiometrics.com
Knut Stålen (CFO), knut.stalen@nextbiometrics.com

Media contact:
Tom Beermann, tom.beermann@nextbiometrics.com