IDEX Biometrics ASA (OSL:IDEX)
kr 0.129 0.0129 (11.11%) Market Cap: 107.27 Mil Enterprise Value: 6.81 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 60/100
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Q3 2021 Idex Biometrics ASA Earnings Call Transcript

Nov 04, 2021 / 02:00PM GMT
Release Date Price: kr12.12 (+5.51%)
Vincent Graziani
IDEX Biometrics ASA - CEO

Hello, everybody. This is Vince Graziani, CEO of IDEX Biometrics. Thank you for joining our third quarter presentation, and welcome. Before I go into the details of the quarterly results, et cetera, I wanted to go through an overall presentation and tell the IDEX story and update it for some of the recent achievements for those of you that are new and we know that some of you know the company quite well, there's been quite a few achievements during 2021 that we want to talk about. So when we introduced the company, we like to say IDEX Biometrics is enabling the next generation of smart cards or payment cards for multiple applications.

And those of you that are old enough will understand what we mean by that. There've been many generations. When payment cards first came out, they were just plastic cards with account numbers embossed. Then came the addition of the magstripe, which had all your account information and enabled the dawn of the ATM machines, et cetera. But that technology was very susceptible to fraud. So the banking industry and card

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