Last kr44.50 SEK
Change Today +0.10 / 0.23%
Volume 345.2K
FINGB On Other Exchanges
Symbol
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As of 11:30 AM 09/1/14 All times are local (Market data is delayed by at least 15 minutes).

fingerprint cards ab-b (FINGB) Snapshot

Open
kr44.50
Previous Close
kr44.40
Day High
kr45.20
Day Low
kr43.70
52 Week High
09/9/13 - kr88.00
52 Week Low
11/21/13 - kr40.10
Market Cap
2.5B
Average Volume 10 Days
373.9K
EPS TTM
kr-1.55
Shares Outstanding
55.5M
EX-Date
02/25/04
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for FINGERPRINT CARDS AB-B (FINGB)

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fingerprint cards ab-b (FINGB) Details

Fingerprint Cards AB (publ) develops, produces, and markets biometric components that verify a person’s identity through analysis and matching of an individual’s unique fingerprint in Sweden and internationally. The company’s products include biometric fingerprint sensors, processors, algorithms, and modules; and pilot kits, component kits, and sensor kits for the prototyping process. Its technology is used in volume products, such as smart cards, mobile phones, tablets, and remote controls; information technology; Internet security; and access controls applications. The company sells its products through distributors and direct sales primarily for product developers/system integrators and original equipment manufacturers. Fingerprint Cards AB (publ) was founded in 1997 and is headquartered in Gothenburg, Sweden.

80 Employees
Last Reported Date: 08/21/14
Founded in 1997

fingerprint cards ab-b (FINGB) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: kr2.5M
Compensation as of Fiscal Year 2012.

fingerprint cards ab-b (FINGB) Key Developments

Fingerprint Cards AB (publ) Reports Consolidated and Parent Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Reaffirms Earnings Guidance for 2014; Provides Earnings Guidance for the Third and Fourth Quarters of 2014

Fingerprint Cards AB (publ) reported consolidated and parent earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the group reported net sales of SEK 44.0 million compared to SEK 20.6 million reported a year ago. Operating loss was SEK 44.9 million compared to SEK 5.3 million reported a year ago. LBITDA was SEK 24.1 million compared to SEK 2.3 million reported a year ago. Loss attributable to parent company shareholders was SEK 44.9 million or SEK 0.73 per diluted share compared to SEK 4.9 million or SEK 0.09 per diluted share reported a year ago. Cash used in operating activities was SEK 36.2 million or SEK 0.59 per diluted share compared to cash flow from operating activities of SEK 1.0 million or SEK 0.02 per diluted share reported a year ago. Return on equity was a negative of 12% compared to negative return on equity of 2.7% reported a year ago. Loss before tax was SEK 44.9 million compared to SEK 4.4 million reported a year ago. Investments in intangible fixed assets amounted to SEK 30.8 million compared to SEK 6.9 million reported a year ago. Investments in tangible fixed assets increased to SEK 1.7 million compared to SEK 0.4 million reported a year ago. For the six months, the group reported net sales of SEK 62.4 million compared to SEK 29.7 million reported a year ago. Operating loss was SEK 71.5 million compared to SEK 17.3 million reported a year ago. LBITDA was SEK 46.1 million compared to SEK 11.4 million reported a year ago. Loss attributable to parent company shareholders was SEK 71.0 million or SEK 1.16 per diluted share compared to SEK 16.9 million or SEK 0.31 per diluted share reported a year ago. Cash used in operating activities was SEK 58.9 million or SEK 0.96 per diluted share compared to SEK 6.8 million or SEK 0.12 per diluted share reported a year ago. Return on equity was a negative of 21% compared to negative return on equity of 9% reported a year ago. Loss before tax was SEK 71.0 million compared to SEK 16.9 million reported a year ago. Investments in intangible fixed assets amounted to SEK 42.5 million compared to SEK 11.0 million reported a year ago. Investments in tangible fixed assets increased to SEK 4.2 million compared to SEK 0.4 million reported a year ago. For the quarter, the parent company reported net sales of SEK 42.3 million compared to SEK 20.6 million reported a year ago. Operating loss was SEK 31.5 million compared to SEK 5.4 million reported a year ago. Net loss was SEK 46.4 million compared to SEK 4.9 million reported a year ago. For the six months, the parent company reported net sales of SEK 60.7 million compared to SEK 29.7 million reported a year ago. Operating loss was SEK 58.4 million compared to SEK 17.3 million reported a year ago. Net loss was SEK 72.7 million compared to SEK 16.8 million reported a year ago. The company continues to stand by its assessment that sales in 2014 will exceed SEK 500 million and that the EBITDA margin will surpass 20% for the full-year. Sales are expected to increase sharply sequentially during the year. The majority of the income is expected to occur during the fourth quarter of 2014, when volume deliveries of the significantly more income-generating sensors FPC 1020 and 1021 are expected to increase concurrently and deliveries of the 1150 sensor, which will likely be the major volume product going forward, are expected to be initiated. Sales for the third quarter of 2014 are anticipated to amount to SEK 50 million to SEK 80 million. During the third quarter, volume deliveries of the first secured project with 1021 commenced according to plan. The clear breakthrough for fingerprint sensors, particularly touch sensors, which it is now witnessing in the market has resulted in the decision and implementation of accelerated recruitment of additional resources within product development, sales and customer support. As a result of the company's objectives to become the global leading supplier in the market for fingerprint sensors in smartphones and tablet devices, the company is now increasing personnel expenses, which means that break-even and profit results are not expected to be achieved until the fourth quarter of 2014.

Trustonic and Fingerprint Cards Collaborate to Bring Secure Biometrics to Connected Devices

Trustonic and Fingerprint Cards AB (FPC) announced a collaboration to accelerate the availability of FIDO Ready secure biometric authentication on connected devices. The collaboration focuses on FPCs touch fingerprint sensors (FPC1020, FPC1021 and FPC1150) and sensor driver software that are built to use Trustonic t-base TEE. This will allow mobile device OEMs to reduce integration time and offer fingerprint authentication and Secure UI capabilities as they prepare to launch smartphones and tablets using FPC's touch fingerprint sensors from the fall of 2014. The fingerprint sensor driver caters to the demand for robust identity and authentication technologies as users embrace the next wave of trusted high-value services on their mobile devices.

Fingerprint Cards Appoints World Peace Industrial as New Distributor

Fingerprint Cards' (FPC's) has signed a distributor agreement with World Peace Industrial Co. Ltd. ("WPI"). The focus of the agreement is sales to the mobile industry in Greater China. The first mass production shipments of FPC touch fingerprint sensors to WPI took place in July.

 

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FINGB

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Valuation FINGB Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 18.8x
Price/Book 6.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales 16.5x
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