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Fingerprint Cards AB (FINGb.ST)

FINGb.ST on Stockholm Stock Exchange

14.67SEK
3:31pm BST
Change (% chg)

-0.90kr (-5.81%)
Prev Close
15.57kr
Open
15.65kr
Day's High
16.34kr
Day's Low
14.56kr
Volume
20,255,759
Avg. Vol
16,223,343
52-wk High
22.99kr
52-wk Low
5.87kr

Latest Key Developments (Source: Significant Developments)

Fingerprint Cards Q1 Operating Loss Narrows To SEK 1.9 Mln
Wednesday, 15 May 2019 

May 15 (Reuters) - Fingerprint Cards AB ::REG-FINGERPRINT CARDS AB: INTERIM REPORT JANUARY - MARCH 2019.Q1 REVENUES SEK 342.9 MILLION VERSUS SEK 289.7 MILLION YEAR AGO.Q1 CASH FLOW FROM OPERATING ACTIVITIES WAS A NEGATIVE SEK 161.1 M (NEG: 203.8).COMPARED WITH Q1 OF 2018, FINGERPRINTS' SALES INCREASED 18 PERCENT,.ORDER BOOKINGS HAVE CONTINUED TO TREND FAVORABLY AT BEGINNING OF Q2..PROFITABILITY LEVEL IS NOT SATISFACTORY.Q1 EBITDA TOTALLED SEK 35.8 M (NEG: 148.7).PROFITABILITY LEVEL WAS IMPACTED BY US SELLING RELATIVELY HIGH PROPORTION OF LOW-MARGIN PRODUCTS FROM OUR INVENTORY.Q1 OPERATING LOSS SEK 1.9 MILLION VERSUS LOSS SEK 174.9 MILLION YEAR AGO.Q1 GROSS MARGIN 23% VERSUS 15% YEAR AGO.ASSESSMENT IS THAT POSITIVE EFFECT ON PROFITABILITY OF GENERATIONAL CHANGE TO FPC1511 WILL CONTINUE DURING Q2.TO FURTHER REFINE OFFERING IN COST-EFFECTIVE CAPACITIVE SENSORS BY LAUNCHING A NEW SENSOR GENERATION BASED ON FPC1511 LATER THIS YEAR.BUSINESS VOLUMES WILL BE MODEST IN 2019, BUT WE EXPECT TO SEE A BROADER COMMERCIAL LAUNCH IN 2020..  Full Article

Fingerprint Cards Appoints Per Sundqvist As CFO
Wednesday, 26 Sep 2018 

Sept 26 (Reuters) - Fingerprint Cards AB ::FINGERPRINT CARDS AB (PUBL) APPOINTS PER SUNDQVIST AS CFO.PER SUNDQVIST WILL TAKE UP HIS POSITION AS CFO OF FINGERPRINTS ON OCTOBER 1, 2018.  Full Article

Fingerprint Cards AGM Resolved That No Dividend Be Paid
Tuesday, 29 May 2018 

May 29 (Reuters) - Fingerprint Cards AB ::AGM RESOLVED THAT NO DIVIDEND BE PAID.  Full Article

Fingerprint Cards proposes Johan Carlstrom as chairman, four board members decline reelection
Thursday, 26 Apr 2018 

April 26 (Reuters) - Fingerprint Cards AB ::FINGERPRINT CARDS AB SAYS PROPOSED THAT JOHAN CARLSTRÖM, TED ELVHAGE AND JUAN VALLEJO BE ELECTED AS NEW MEMBERS OF BOARD..FINGERPRINT CARDS AB SAYS IT IS PROPOSED THAT JOHAN CARLSTRÖM BE ELECTED AS CHAIRMAN OF BOARD.JAN WÄREBY, ÅSA HEDIN, CARL-JOHAN VON PLOMGREN AND ANN-SOFIE NORDH HAVE DECLINED REELECTION .  Full Article

Fingerprint Cards says CFO to leave company in June
Tuesday, 20 Mar 2018 

March 20 (Reuters) - Fingerprint Cards AB ::REG-FINGERPRINT CARDS AB ANNOUNCES CHANGES IN ITS EXECUTIVE MANAGEMENT.SAYS ‍PERNILLA LINDÉN APPOINTED AS CHIEF FINANCIAL OFFICER (CFO), EFFECTIVE JUNE 7, 2018​.SAYS ‍HASSAN TABRIZI TO LEAVE HIS ROLE AS INTERIM CFO AND FINGERPRINTS' EXECUTIVE MANAGEMENT, EFFECTIVE JUNE 6, 2018​.SAYS ‍HASSAN TABRIZI, LEAVES POSITION AS INTERIM CFO ON HIS OWN INITIATIVE, FOR A NEW ASSIGNMENT OUTSIDE COMPANY​.SAYS ‍JAN JOHANNESSON TO LEAVE HIS ROLE AS SENIOR VP STRATEGY AND CORPORATE DEVELOPMENT AND FINGERPRINTS' EXECUTIVE MANAGEMENT​.  Full Article

Fingerprint Cards reports Q4 earnings in line with profit warning ​
Friday, 9 Feb 2018 

Feb 9 (Reuters) - Fingerprint Cards Ab ::Q4 - ‍REVENUES TOTALED SEK 615.3 M (1,618.7)​.Q4 ‍OPERATING RESULT OF A LOSS OF SEK 40.6 M​.Q4 ‍GROSS MARGIN WAS 21 PERCENT (44)​.SAYS IN TERMS OF VALUE, WE EXPECT THE MARKET FOR FINGERPRINT SENSORS FOR SMARTPHONES TO DECLINE IN 2018​.SAYS ‍WE ARE CONTINUING TO MOVE FOCAL POINT OF OUR INVESTMENTS TOWARDS NEW BIOMETRIC MARKETS, WITH AIM THAT NEW AREAS WILL ACCOUNT FOR ABOUT 10 PERCENT OF SALES DURING 2018​.FINGERPRINT CARDS SAYS THE REDUCED ASP (“AVERAGE SELLING PRICE”) FOR SENSORS HAD A SIGNIFICANT IMPACT ON REVENUES. THE LOWER ASP, WHICH AMOUNTED TO SOME 30 PERCENT AT AN ANNUAL RATE FOR 2017,.FINGERPRINT CARDS SAYS THE COMPANY INTENDS TO ADJUST THE FINANCIAL TARGETS TO THE CHANGED CONDITIONS AND COMMUNICATE REVISED TARGETS DURING THE SECOND QUARTER 2018..THE BOARD PROPOSES TO THE ANNUAL GENERAL MEETING THAT NO DIVIDEND BE PAID FOR THE 2017 FISCAL YEAR .  Full Article

Fingerprint Cards CEO sees volume growth for fingerprint sensors market around 20 pct in 2018
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Fingerprint Cards CEO Christian Fredrikson at Technology Update::Says expects market volume growth for fingerprint sensors at about 20 percent in 2018.Repeats sees below 750 mln units in mobile in 2017.FPC expects commercial deliveries in 2018 in smartcards, larger volumes in 2019/2020 - presentation material .  Full Article

Fingerprint Cards develops in-display ultrasonic sensing technology
Wednesday, 1 Nov 2017 

STOCKHOLM, Nov 1 (Reuters) - Fingerprint Cards : :* Says has developed an ultrasonic sensing technology with the objective of enabling fingerprints to be captured anywhere on the display of a smartphone or any device.* Says expects to engage with key customers in the first half of 2018 to further develop the technology and to bring it to mass market.* "It is truly innovative and disruptive and allows fingerprint sensing to be done in new ways on many different surfaces. I can see many potential application areas, but our initial focus is of course the use in high-end smartphones," CEO Christian Fredrikson says in a statement.* Says in separate statement the firm's iris solution and touch sensor are both featured in a recently launched smartphone from a leading Japanese manufacturer. This is Fingerprints' first commercial launch with multi modalities.  Full Article

Fingerprint Cards CEO repeats sees long-term gross margin of 40-45 pct
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Fingerprint Cards Ab CEO Christian Fredrikson tells Reuters::Repeats sees long term gross margin at 40-45 percent.Says company's market share below 50 percent, has started to stabilize.  Full Article

Fingerprint Cards CEO says still sees market share around 50 percent 2017
Friday, 21 Jul 2017 

July 21 (Reuters) - Fingerprint Cards CEO Christian Fredrikson tells Reuters::Repeats sees ASP (Average Selling Price) decline this year over 20 percent.Says still sees market share around 50 percent in 2017.  Full Article

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Fingerprint Cards suffers as smartphone users delay upgrades

STOCKHOLM Swedish biometrics firm Fingerprint Cards (FPC) plunged to an unexpected fourth quarter loss and warned of a hit to sales this quarter as smartphone users hold onto their handsets for longer.