IDEX Biometrics

IDEX Biometrics

Secure, Convenient and Unique Biometric Authentication Solutions. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD2018201920202021202220232024
Revenues<1m<1m1.1m2.8m4.1m5.3m-
% growth-(96 %)5617 %159 %44 %30 %-
EBITDA(28.6m)(3.7m)(24.7m)(29.5m)(29.9m)(27.7m)<1m
% EBITDA margin(6603 %)(19173 %)(2252 %)(1040 %)(731 %)(521 %)-
Profit(29.8m)(3.9m)(26.8m)(32.6m)(32.7m)(34.2m)(6.0m)
% profit margin(6865 %)(20440 %)(2443 %)(1146 %)(798 %)(644 %)-
EV / revenue244.3x-350.9x259.2x115.8x25.3x13.5x-
EV / EBITDA-3.7x1.8x-11.5x-11.1x-3.5x-2.6x208.1x
R&D budget-<1m1.9m2.7m3.2m--
R&D % of revenue-2764 %173 %94 %79 %--

Source: Dealroom estimates

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DateInvestorsAmountRound
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IPO

€420k

Grant
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IPO
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NOK90.0m

Post IPO Equity
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Private Placement VC
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NOK35.0m

Post IPO Equity
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NOK100m

Post IPO Convertible
*
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NOK55.0m

Private Placement VC
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Private Placement VC
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NOK70.0m

Private Placement VC
Total Funding€14.2m

Recent News about IDEX Biometrics

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More about IDEX Biometricsinfo icon
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IDEX Biometrics ASA is a prominent provider of fingerprint identification technologies designed to offer simple, secure, and personal touch-free authentication solutions. The company serves a diverse range of clients including financial institutions, government agencies, and technology firms. Operating in the biometric security market, IDEX Biometrics focuses on enhancing digital identity verification and access control. The business model revolves around the development and sale of biometric sensors and related software, generating revenue through direct sales, licensing agreements, and partnerships. By leveraging advanced fingerprint technology, IDEX Biometrics enables secure payments, identity verification, device unlocking, and access to buildings, addressing the growing demand for privacy and security in the digital age.

Keywords: fingerprint technology, biometric security, touch-free authentication, digital identity, access control, secure payments, identity verification, biometric sensors, privacy protection, digital economy.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.