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Fingerprint Cards: quarterlies, annuals, regulatory actions

Fingerprint Cards finds bright spots in transitional first quarter
Fingerprint Cards: quarterlies, annuals, regulatory actions
 

May 8, 2024 – Fingerprint Cards says its financial results are trending the right way, particularly in PC biometrics, where the company reports 80 percent year-over-year growth.

The company booked revenues of 146.4 million Swedish kronor (approximately US$13.4 million) in the first quarter of 2024, compared to SEK 117 million ($10.7 million) in the first quarter of last year. EBITDA loss narrowed from SEK 60.2 million in Q1 2023 to SEK 50.5 million ($4.6 million).

With its money-losing operations in mobile winding down and expectations of more revenue from its intellectual property, Fingerprint Cards says it is progressing through its transformation plans.

Fingerprint Cards posts 2023 loss amid transition

Aptil 26, 2024 – Fingerprint Cards revenues declined again in the 2023 fiscal year, to 705.4 million Swedish kroner (approximately US$64.8 million), from SEK 861.8 million in fiscal 2022. Read more here.

Still a financial struggle for FPC in fiscal ‘23

Feb 9, 2024 – Biometric sensor maker Fingerprint Cards released fiscal 2023 and fourth quarter financial reports that show a trudge toward black ink. Read more here.

FPC adopts biometric platform strategy, overhauls corporate structure

Nov 21, 2023 – Fingerprint Cards has revamped its organizational structure to align its governance model with a new strategy to provide a biometrics platform. Read more here.

Biometric pay, access products disappoint reorganizing and fundraising FPC

July 21, 2023 – Second-quarter numbers for biometrics sensor maker Fingerprint Cards show strength in a few areas, including mobile-systems sales and cash flow.  Read more here.

Fingerprint Cards appoints new CEO amid lukewarm financials and diversification push

July 3, 2023 – Fingerprint Cards AB has appointed Adam Philpott as its new President and CEO starting from September 1, 2023. Read more here.

Fingerprint Cards looking for growth after disappointing Q1

April 25, 2023 – It is another tough quarter in biometric identification and Fingerprint Cards executives have included growth tactics with their first-quarter results. Read more here.

Fingerprint Cards targets new biometrics markets with mobile capacitive bounce-back ahead

March 26, 2023 – Moving back to Sweden to take over as the CEO of Fingerprint Cards was a big change for Ted Hansson after 20 years of living in Asia. Read more here.

Fingerprint Cards anticipates bounce-back in smartphone biometrics revenues in 2023

Jan 26, 2023 – Depressed demand for smartphones in China during the fourth quarter of Fingerprint Cards’ fiscal 2022 weighed down the company’s sales and gross margins. Read more here.

Fingerprint Cards cutting costs following tough quarter for mobile biometrics

Oct 19, 2022 – Fingerprint Cards reports third quarter earnings of 143.2 million Swedish krona (US$12.8 million), well down from SEK 354.3 million ($31.6 million) in the same quarter of 2021. Read more here.

 

More financial and industry news about Fingerprint Cards here.

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