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FINGERPRINT CARDS
JEFFERIES GLOBAL TECHNOLOGY CONFERENCE, MAY, 2017
CHRISTIAN FREDRIKSON, CEO
Fingerprints of Sweden
- In biometrics since 1997
Founded 1997 in Gothenburg, Sweden
Public company listed on NASDAQ OMX
+400 employees
HQ in Gothenburg, R&D in Sweden and Denmark
Subsidiaries in China, South Korea, Taiwan, US
Financial highlights 2016 – 129% revenue growth
Revenues : 6,638 MSEK (2,900)
Gross Margin : 48% (43)
Operating margin : 39% (31)
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Our core business – advanced biometric system solutions, both HW and SW
Market position – global market leader
Key focus areas – smartphones, tablets, PCs, smartcards, IoT, automotive
2016 at a glance
136devices launched
in 2016
>10Billion
touches per day
186new talents
recruited
55-60%market share
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Global brands use our products
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A broad base of OEM customers
Source: Strategy Analytics provisional data, Fingerprints estimates
“FPC” is Fingerprints Cards
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Unique System Knowledge
BIOMETRIC
ALGORITHMSSOFTWARE
DEVELOPMENT
ASIC/SILICON
CHIP DEVELOPMENT
PACKAGING
EXPERTISE
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THE LONG TERM VIEW
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Megatrends that affect us
Biometrics
Security and convenience
Cloudification
Online payment/banking
Digitalization (IoT)
CSR awareness
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#1 BIOMETRICS COMPANY
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New segments expand fingerprint sensor market
Continued strong market
growth in smartphones
The market for biometric smart
cards is expected to expand
rapidly in 2018
Growth opportunity in PC – low
penetration rate
Source: Strategy Analytics, IHS, Fingerprint Cards estimates Dec 2016.Total Addressable Market excludes Apple, includes all other OEMs and segments including swipe technology
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Fingerprints growth strategy
Grow with the existing
customer base
Add new customers
Other segmentsPC
Internet of ThingsAutomotive
Industrial and medical
New offerings
Other sensors
M&A opportunities
Segments
Existing
New
OfferingExisting New
SmartcardsSensor adaptation
Utilize scale advantagesStrong growth potential
Extended biometric
scope
Trackpad
Higher security
More features
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The big picture of biometrics
Technologies
Facial Iris Voice
Palm vein Finger vein Fingerprint
Capacitive
Ultrasonic
Optical
1 st generation
Spray coated
2nd generation
Under glass
3rd generation
Under thicker glass
Touch sensorsBiometric modalities
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THE PERFECT MATCHFingerprint Cards acquires Delta ID
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BUSINESS UPDATE
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Q1 2017 Summary
RevenuesMargins &
profitabilityHighlights
Revenues:
SEK 686 (1,491) M,
a decrease of 54%
year over year
Gross profit:
SEK 282 (732) M
Gross margin:
41% (49)
Operating profit:
SEK 71 (619) M
Operating margin:
10% (41)
EPS: SEK 0,17 (1,44)
before dilution
Cash Flow :
SEK -324 (279) M
18 mobile devices
with Fingerprints’
sensors launched
Huawei P10 with
FPC1268 under solid
glass
Good traction in Tier
2/3 and low cost
segment
Well positioned in the
Smartcard segment
15
Market launches Q1 2017
18 mobile devices by 13 OEM customers
Launches by Huawei, Xiaomi, Lenovo and Oppo
Huawei P10 with FPC1268 under glass
First smartphone with FPC sensor under solid cover glass
Blackberry and Indian Micromax - new customers
Launch of FPC SENSETOUCH™
Eight features now launched
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Smartcard key success factors
Supporting a battery- and contact-less scenario
Very low power consumption required
High security and convenience
Solid biometric performance
Secure environment
Supporting EMVco* standards for payments
Complying with packaging and production requirements
Ultra-thin package
ISO- and CQM-certifications
Bendable and scratch resistant
Lean, effective and high yield card manufacturing
Meeting cost requirements
Highly price sensitive market demand curve
17 * ”EMVCo exists to facilitate worldwide interoperability and acceptance of secure payment transactions.” www.emvco.com
Summary
Market leader of fingerprint sensors
Strong patent portfolio and an expanding portfolio of sensors
for all segments
Growth through new segments and new technologies
The leading biometrics company
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THANK YOU!Stay in touch & connect
E-mail: [email protected]
For more information, visit us at www.fingerprints.com
