Fingerprint Cards AB (publ) announces certain preliminary financial information related to the fourth quarter 2024
January 15 2025 - 2:45AM
UK Regulatory
Fingerprint Cards AB (publ) announces certain preliminary financial
information related to the fourth quarter 2024
In connection with Fingerprint Cards AB’s (publ)
(“Fingerprints” or the “Company”) previously announced partially
guaranteed issue of units consisting of new shares of series B
(“B-shares”) and warrants entitling for subscription of B-shares
with preferential rights for its existing shareholders (the “Rights
Issue”), the Company plans to publish a prospectus on 23 January
2025 in which Fingerprints intends to include certain preliminary
figures related to the fourth quarter 2024. Against this
background, Fingerprints hereby announces certain preliminary
financial information as of 31 December 2024.
Fingerprints announces the following preliminary figures for the
fourth quarter 2024. The preliminary figures have not been audited
or reviewed by the Company’s auditor. Fourth quarter results
reflect the continued execution of the transformation plan.
SEK million |
Q4 2024 |
Q4 2023 |
Jan-Dec 2023 |
Net sales |
41.6* |
200.3 |
705.4 |
Gross margin |
15.3% |
9.5% |
12.7% |
Gross margin excluding R&D depreciation |
49.9%* |
18.0% |
20.8% |
Operating result (EBIT) |
-65.0** |
-105.2 |
-320.4 |
EBITDA |
-40.3 |
-83.8 |
-242.2 |
Adjusted EBITDA |
-29.0*** |
-46.3 |
-204.7 |
Cash and cash equivalents |
12.1 |
109.9 |
109.9 |
Cash flow from operating activities |
-45.6 |
-60.4 |
-88.3 |
* Lower sales reflect the wind-down of the unprofitable Mobile and
PC product groups. Higher gross margin
reflects the improved revenue mix.
** Operating profit in Q4 2024 was preliminarily impacted by a
SEK 7.8 million write-down of capitalized R&D
projects in the PC area.
*** EBITDA adjusted for costs related to restructuring measures,
amounting preliminarily to SEK 11.3 million,
with the majority attributable to personnel expenses in China.
Fingerprints’ year-end report for the period January – December
2024 will be published on 28 February 2025 on the Company’s
website, www.fingerprints.com.
For information, please contact:
Adam Philpott, CEO
Investor Relations: +46(0)10-172 00 10
investrel@fingerprints.com
Press: +46(0)10-172 00 20
press@fingerprints.com
This is the type of information that Fingerprint Cards AB
(publ) is obligated to disclose pursuant to the EU’s Market Abuse
Regulation. The information was submitted for publication, through
the agency of the contact person set out above, on 15 January 2025
at 08:45 am CET.
About Fingerprints
Fingerprint Cards AB (Fingerprints) – the world’s leading
biometrics company, with its roots in Sweden. We believe in a
secure and seamless universe, where you are the key to everything.
Our solutions are found in hundreds of millions of devices and
applications, and are used billions of times every day, providing
safe and convenient identification and authentication with a human
touch. For more information visit our website, read our blog, and
follow us on X. Fingerprints is listed on Nasdaq Stockholm (FING
B).
- 250115 - Preliminary Q424 eng
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