Balance Sheet NEXT Biometrics Group ASA

Equities

NO0010629108

Electronic Equipment & Parts

Market Closed - Oslo Bors Other stock markets 15:45:00 16/01/2026 GMT			5-day change	1st Jan Change
1.450 ^NOK	-2.68%		-10.49%	-20.98%

01-14	Next Biometrics Group Asa Selects Taiwan Display Partner to Co-Develop Full-Screen Biometric Solution	CI
01-14	Next Biometrics Partners with Taiwan's Giantplus to Develop Prototype of Biometric Authentication Technology	MT

575136cc6898c7b1494124db92.2XUUVkbyvweN095nx1i9uhjzpOhrc2p9MTYWfK_cYIU.gB1ABiOb7VbrtJ8o9irk9FKj67sPQS9MAXlBE-2uCrGBIUEZDYfxN9-rsQ

Published financial data: NEXT BIOMETRICS GROUP ASA

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	57.77M	49.79M	46.51M	33.72M	71.57M
Other Revenues, Total	16K	967K	1.78M	666K	-
Total Revenues	57.79M	50.76M	48.29M	34.38M	71.57M
Cost of Goods Sold, Total	49.39M	41.78M	33.54M	27M	32.42M
Gross Profit	8.4M	8.97M	14.75M	7.38M	39.16M
Selling General & Admin Expenses, Total	59.77M	38.64M	33.45M	34.24M	30.83M
Stock-Based Compensation (IS)	494K	-36K	5K	167K	452K
R&D Expenses	-	-	-	2.6M	-
Depreciation & Amortization - (IS)	15.28M	7.07M	7.23M	7.07M	5.39M
Amortization of Goodwill and Intangible Assets - (IS)	-	-	-	-	-
Other Operating Expenses	31.47M	21.56M	22.14M	28.58M	48.55M
Other Operating Expenses, Total	107M	67.22M	62.82M	72.66M	85.23M
Operating Income	-98.62M	-58.25M	-48.07M	-65.28M	-46.07M
Interest Expense, Total	-811K	-346K	-131K	-303K	-141K
Interest And Investment Income	166K	708K	712K	1.05M	1.48M
Net Interest Expenses	-645K	362K	581K	751K	1.34M
Currency Exchange Gains (Loss)	-1.03M	108K	1.08M	-74K	-332K
Other Non Operating Income (Expenses)	2.08M	-612K	14K	241K	21K
EBT, Excl. Unusual Items	-98.21M	-58.39M	-46.39M	-64.36M	-45.04M
Asset Writedown	-6.58M	-	-	-1.14M	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-105M	-58.39M	-46.39M	-65.5M	-45.04M
Income Tax Expense	-2.99M	1.62M	-60K	234K	197K
Earnings From Continuing Operations	-102M	-60.01M	-46.33M	-65.73M	-45.24M
Net Income to Company	-102M	-60.01M	-46.33M	-65.73M	-45.24M
Net Income - (IS)	-102M	-60.01M	-46.33M	-65.73M	-45.24M
Net Income to Common Incl Extra Items	-102M	-60.01M	-46.33M	-65.73M	-45.24M
Net Income to Common Excl. Extra Items	-102M	-60.01M	-46.33M	-65.73M	-45.24M
Per Share Items
Net EPS - Basic	-1.58	-0.67	-0.5	-0.69	-0.42
Basic EPS - Continuing Operations	-1.58	-0.67	-0.5	-0.69	-0.42
Basic Weighted Average Shares Outstanding	64.27M	89.25M	91.79M	95.15M	107M
Net EPS - Diluted	-1.58	-0.67	-0.5	-0.69	-0.42
Diluted EPS - Continuing Operations	-1.58	-0.67	-0.5	-0.69	-0.42
Diluted Weighted Average Shares Outstanding	64.27M	89.25M	91.79M	95.15M	107M
Normalized Basic EPS	-0.96	-0.41	-0.32	-0.42	-0.26
Normalized Diluted EPS	-0.96	-0.41	-0.32	-0.42	-0.26
Supplemental Items
EBITDA	-86.88M	-52.91M	-42.73M	-60.28M	-42.78M
EBITA	-92.08M	-56.64M	-46.68M	-64.18M	-45.31M
EBIT	-98.62M	-58.25M	-48.07M	-65.28M	-46.07M
EBITDAR	-86.61M	-52.76M	-	-	-
Total Revenues (As Reported)	-	-	-	-	-
Effective Tax Rate - (Ratio)	2.85	-2.78	0.13	-0.36	-0.44
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	-3.08M	1.73M	49K	196K	197K
Total Deferred Taxes	85K	-109K	-109K	38K	-
Normalized Net Income	-61.38M	-36.5M	-29M	-40.22M	-28.15M
Interest on Long-Term Debt	383K	238K	111K	303K	141K
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	35.88M	15.5M	11.2M	9M	10.7M
Net Rental Expense, Total	272K	149K	-	-	-
Imputed Operating Lease Interest Expense	185K	52.52K	-	-	-
Imputed Operating Lease Depreciation	86.63K	96.48K	-	-	-
Stock-Based Comp., SG&A Exp. (Total)	3.88M	8.47M	4.73M	5.73M	2.78M
Stock-Based Comp., Other (Total)	494K	334K	5K	167K	467K
Total Stock-Based Compensation	4.38M	8.8M	4.73M	5.9M	3.24M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	67.95M	103M	69.3M	67.75M	62.91M
Short Term Investments	-	896K	923K	320K	376K
Total Cash And Short Term Investments	67.95M	104M	70.22M	68.07M	63.28M
Accounts Receivable, Total	4.55M	12.32M	6.26M	12.3M	56.75M
Other Receivables	10.73M	3.71M	5.4M	4.57M	3.69M
Total Receivables	15.28M	16.03M	11.66M	16.87M	60.44M
Inventory	21.72M	18.99M	22.94M	23.13M	17.67M
Prepaid Expenses	3.12M	2.58M	2.06M	2.56M	3.07M
Other Current Assets, Total	-1K	-	1K	-1K	-
Total Current Assets	108M	141M	107M	111M	144M
Gross Property Plant And Equipment	64.02M	-	41.52M	41.08M	44.01M
Accumulated Depreciation	-46.82M	-	-29.17M	-34.34M	-36.91M
Net Property Plant And Equipment	17.2M	16.45M	12.35M	6.74M	7.09M
Other Intangibles, Total	5.45M	3.98M	2.58M	1.53M	825K
Accounts Receivable Long-Term	704K	-	-	-	-
Deferred Tax Assets Long-Term	58K	32K	38K	-	-
Total Assets	131M	162M	122M	119M	152M
Liabilities
Accounts Payable, Total	11.05M	6.79M	7.78M	5.98M	10.91M
Accrued Expenses, Total	4.84M	8.81M	6.84M	9.59M	6.53M
Current Portion of Long-Term Debt	2.35M	-	-	-	-
Current Portion of Leases	2.09M	2.6M	1.75M	1.74M	1.84M
Current Income Taxes Payable	60K	317K	143K	33K	92K
Unearned Revenue Current, Total	243K	59K	-	-	-
Other Current Liabilities	6.75M	6.81M	8.06M	7M	11.92M
Total Current Liabilities	27.38M	25.38M	24.57M	24.36M	31.29M
Long-Term Debt	5.61M	-	-	-	-
Long-Term Leases	1.16M	1.9M	1.22M	194K	2.24M
Deferred Tax Liability Non Current	135K	-	-	-	-
Other Non Current Liabilities	-	127K	61K	-	-
Total Liabilities	34.29M	27.4M	25.85M	24.55M	33.53M
Common Stock, Total	75.94M	91.68M	91.98M	104M	115M
Additional Paid In Capital	56.63M	47.34M	4.05M	30.86M	70.27M
Retained Earnings	-98.03M	-76.2M	-26.1M	-72.5M	-102M
Comprehensive Income and Other	62.64M	71.44M	26.07M	31.97M	35.21M
Total Common Equity	97.19M	134M	96M	94.35M	119M
Total Equity	97.19M	134M	96M	94.35M	119M
Total Liabilities And Equity	131M	162M	122M	119M	152M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	90.76M	91.68M	91.98M	104M	115M
ECS Total Common Shares Outstanding	75.94M	91.68M	91.98M	104M	115M
Book Value / Share	1.28	1.46	1.04	0.91	1.03
Tangible Book Value	91.74M	130M	93.42M	92.82M	118M
Tangible Book Value Per Share	1.21	1.42	1.02	0.89	1.02
Total Debt	11.21M	4.5M	2.97M	1.94M	4.09M
Net Debt	-56.74M	-99.11M	-67.26M	-66.13M	-59.2M
Debt Equivalent Oper. Leases	2.18M	1.19M	-	-	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	8.83M	10.59M	12.73M	17.14M	9.38M
Inventories - Work In Process, Total	4.86M	3.37M	3.14M	2.37M	2.79M
Inventories - Finished Goods, Total	8.03M	5.03M	7.06M	3.62M	5.5M
Machinery, Total	55.25M	-	36.1M	35.76M	38.62M
Full Time Employees	29	26	27	23	24
Accumulated Allowance for Doubtful Accounts (Supple)	2.35M	2.29M	2.85M	2.97M	10.67M
Order Backlog	-	60.8M	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-102M	-60.01M	-46.33M	-65.73M	-45.24M
Depreciation & Amortization - CF	8.74M	5.46M	5.84M	5.97M	4.63M
Amortization of Goodwill and Intangible Assets - (CF)	6.53M	1.61M	1.39M	1.1M	762K
Depreciation & Amortization, Total	15.28M	7.07M	7.23M	7.07M	5.39M
Asset Writedown & Restructuring Costs	6.58M	-	-	1.14M	-
Stock-Based Compensation (CF)	4.38M	13.01M	2.07M	10.51M	1.61M
Other Operating Activities, Total	-3.4M	10.26M	-55K	5M	1.46M
Change In Accounts Receivable	-575K	-7.74M	5.54M	-6.04M	-44.45M
Change In Inventories	4.24M	2.74M	-3.95M	-190K	5.82M
Change In Accounts Payable	-740K	-4.26M	990K	-1.79M	4.93M
Change in Other Net Operating Assets	-4.33M	-8.74M	2.13M	-6.59M	8.81M
Cash from Operations	-80.37M	-47.68M	-32.38M	-56.63M	-61.68M
Capital Expenditure	-88K	-204K	-70K	-13K	-597K
Sale of Property, Plant, and Equipment	11K	2K	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	117K	691K	696K	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	40K	489K	626K	-13K	-597K
Long-Term Debt Issued, Total	10.15M	-	-	-	-
Total Debt Issued	10.15M	-	-	-	-
Long-Term Debt Repaid, Total	-4.57M	-3.41M	-2.74M	-2.08M	-2.02M
Total Debt Repaid	-4.57M	-3.41M	-2.74M	-2.08M	-2.02M
Issuance of Common Stock	55.72M	86.68M	747K	60.15M	62.44M
Other Financing Activities, Total	-1K	1K	-9K	-3.13M	-2.32M
Cash from Financing	61.3M	83.27M	-2M	54.94M	58.11M
Foreign Exchange Rate Adjustments	-1.56M	-1.32M	347K	-178K	-679K
Miscellaneous Cash Flow Adjustments	-	-1K	1K	334K	-
Net Change in Cash	-20.59M	34.76M	-33.4M	-1.55M	-4.85M
Supplemental Items
Cash Interest Paid	-	-	-	303K	141K
Cash Income Tax Paid (Refund)	408K	-2.39M	-56K	26K	-
Levered Free Cash Flow	-48.85M	-18.59M	-17.26M	-34.15M	-52.63M
Unlevered Free Cash Flow	-48.35M	-18.37M	-17.18M	-33.96M	-52.55M
Change In Net Working Capital	6.28M	-2.36M	-974K	6.11M	31.79M
Net Debt Issued / Repaid	5.58M	-3.41M	-2.74M	-2.08M	-2.02M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-40.5	-24.84	-21.19	-33.89	-21.23
Return on Total Capital	-49.11	-29.46	-25.28	-41.79	-26.27
Return On Equity %	-87.76	-51.86	-40.25	-69.06	-42.43
Return on Common Equity	-87.76	-51.86	-40.25	-69.06	-42.43
Margin Analysis
Gross Profit Margin %	14.53	17.68	30.55	21.46	54.71
SG&A Margin	103.44	76.12	69.27	99.6	43.07
EBITDA Margin %	-150.35	-104.25	-88.48	-175.33	-59.77
EBITA Margin %	-159.35	-111.6	-96.66	-186.65	-63.3
EBIT Margin %	-170.66	-114.77	-99.54	-189.85	-64.36
Income From Continuing Operations Margin %	-176.16	-118.24	-95.94	-191.18	-63.2
Net Income Margin %	-176.16	-118.24	-95.94	-191.18	-63.2
Net Avail. For Common Margin %	-176.16	-118.24	-95.94	-191.18	-63.2
Normalized Net Income Margin	-106.22	-71.91	-60.04	-116.99	-39.33
Levered Free Cash Flow Margin	-84.54	-36.62	-35.74	-99.32	-73.54
Unlevered Free Cash Flow Margin	-83.66	-36.2	-35.57	-98.76	-73.41
Asset Turnover
Asset Turnover	0.38	0.35	0.34	0.29	0.53
Fixed Assets Turnover	2.39	3.02	3.35	3.6	10.35
Receivables Turnover (Average Receivables)	14.38	5.9	5.01	3.63	2.07
Inventory Turnover (Average Inventory)	2.07	2.05	1.6	1.17	1.59
Short Term Liquidity
Current Ratio	3.95	5.56	4.35	4.54	4.62
Quick Ratio	3.04	4.71	3.33	3.49	3.95
Operating Cash Flow to Current Liabilities	-2.94	-1.88	-1.32	-2.33	-1.97
Days Sales Outstanding (Average Receivables)	25.45	61.84	72.9	100.48	176.56
Days Outstanding Inventory (Average Inventory)	176.7	177.83	228.1	311.29	230.32
Average Days Payable Outstanding	92.54	83.36	70.89	92.34	114.66
Cash Conversion Cycle (Average Days)	109.6	156.31	230.12	319.43	292.22
Long Term Solvency
Total Debt/Equity	11.53	3.35	3.09	2.06	3.44
Total Debt / Total Capital	10.34	3.24	3	2.01	3.32
LT Debt/Equity	6.97	1.41	1.27	0.21	1.89
Long-Term Debt / Total Capital	6.25	1.37	1.23	0.2	1.83
Total Liabilities / Total Assets	26.08	16.95	21.21	20.65	22
EBIT / Interest Expense	-121.6	-168.36	-366.95	-215.44	-326.72
EBITDA / Interest Expense	-102.76	-147.92	-311.76	-192.11	-288.47
(EBITDA - Capex) / Interest Expense	-102.87	-148.51	-312.3	-192.15	-292.7
Total Debt / EBITDA	-0.13	-0.09	-0.07	-0.03	-0.1
Net Debt / EBITDA	0.68	1.94	1.65	1.14	1.46
Total Debt / (EBITDA - Capex)	-0.13	-0.09	-0.07	-0.03	-0.1
Net Debt / (EBITDA - Capex)	0.68	1.93	1.64	1.14	1.43
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-31.56	-12.17	-4.85	-28.8	108.17
Gross Profit, 1 Yr. Growth %	-59.17	6.83	46.44	-49.98	430.67
EBITDA, 1 Yr. Growth %	-43	-39.1	-19.24	41.09	-29.03
EBITA, 1 Yr. Growth %	-41.57	-38.49	-17.6	37.49	-29.4
EBIT, 1 Yr. Growth %	-40.08	-40.93	-17.48	35.8	-29.43
Earnings From Cont. Operations, 1 Yr. Growth %	-38.84	-41.04	-22.8	41.87	-31.18
Net Income, 1 Yr. Growth %	-38.84	-41.04	-22.8	41.87	-31.18
Normalized Net Income, 1 Yr. Growth %	-40.23	-40.54	-20.55	38.73	-30.02
Diluted EPS Before Extra, 1 Yr. Growth %	-52.65	-41.04	-24.94	36.86	-38.93
Accounts Receivable, 1 Yr. Growth %	30.8	170.55	-49.17	96.5	361.3
Inventory, 1 Yr. Growth %	-16.32	-12.6	20.79	0.83	-23.58
Net Property, Plant and Equip., 1 Yr. Growth %	-44.9	-4.36	-25.19	-45.43	5.28
Total Assets, 1 Yr. Growth %	-23.96	22.95	-24.62	-2.42	28.17
Tangible Book Value, 1 Yr. Growth %	-25.31	42	-28.32	-0.64	27.16
Common Equity, 1 Yr. Growth %	-27.9	38.14	-28.49	-1.72	25.97
Cash From Operations, 1 Yr. Growth %	-38.83	-40.67	-32.09	70.97	8.92
Capital Expenditures, 1 Yr. Growth %	-92.66	131.82	-65.69	-81.43	4.49K
Levered Free Cash Flow, 1 Yr. Growth %	-29.28	-61.95	-7.15	97.85	54.14
Unlevered Free Cash Flow, 1 Yr. Growth %	-29.57	-62	-6.5	97.69	54.74
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-26.98	-22.47	-8.58	-17.69	21.74
Gross Profit, 2 Yr. CAGR %	-47.76	-33.95	32.52	-14.41	62.93
EBITDA, 2 Yr. CAGR %	-26.51	-41.08	-29.87	6.74	0.06
EBITA, 2 Yr. CAGR %	-25.22	-40.05	-28.8	6.44	-1.48
EBIT, 2 Yr. CAGR %	-24.03	-40.51	-30.18	5.86	-2.1
Earnings From Cont. Operations, 2 Yr. CAGR %	-23.27	-39.95	-32.53	4.66	-1.19
Net Income, 2 Yr. CAGR %	-23.27	-39.95	-32.53	4.66	-1.19
Normalized Net Income, 2 Yr. CAGR %	-24.29	-40.39	-31.27	4.98	-1.47
Diluted EPS Before Extra, 2 Yr. CAGR %	-46.53	-55.16	-33.48	1.36	-8.58
Accounts Receivable, 2 Yr. CAGR %	-40.35	88.11	17.27	-0.06	201.08
Inventory, 2 Yr. CAGR %	-14	-14.48	2.75	10.36	-12.22
Net Property, Plant and Equip., 2 Yr. CAGR %	-20.38	-27.41	-15.27	-36.1	-24.2
Total Assets, 2 Yr. CAGR %	-6.39	-3.31	-3.73	-14.24	11.83
Tangible Book Value, 2 Yr. CAGR %	-4.38	2.98	0.91	-15.61	12.4
Common Equity, 2 Yr. CAGR %	-9.74	-0.2	-0.61	-16.17	11.27
Cash From Operations, 2 Yr. CAGR %	-25.4	-39.76	-36.53	8.98	36.46
Capital Expenditures, 2 Yr. CAGR %	-55.13	-58.75	-10.81	-74.76	192.04
Levered Free Cash Flow, 2 Yr. CAGR %	-22.67	-48.13	-40.56	35.54	74.63
Unlevered Free Cash Flow, 2 Yr. CAGR %	-23.07	-48.27	-40.39	35.96	74.9
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-16.19	-22.35	-16.99	-15.89	12.14
Gross Profit, 3 Yr. CAGR %	12.78	-33.69	-10.49	-4.22	57.24
EBITDA, 3 Yr. CAGR %	-18.96	-30.97	-34.55	-11.47	-6.84
EBITA, 3 Yr. CAGR %	-18.04	-29.94	-33.34	-11.34	-7.17
EBIT, 3 Yr. CAGR %	-16.27	-30.15	-33.65	-12.85	-7.52
Earnings From Cont. Operations, 3 Yr. CAGR %	-17.43	-29.72	-34.71	-13.57	-8.99
Net Income, 3 Yr. CAGR %	-17.43	-29.72	-34.71	-13.57	-8.99
Normalized Net Income, 3 Yr. CAGR %	-16.42	-30.15	-34.4	-13.14	-8.29
Diluted EPS Before Extra, 3 Yr. CAGR %	-47.77	-50.49	-46.76	-15.39	-14.39
Accounts Receivable, 3 Yr. CAGR %	-34.99	-1.26	21.61	39.28	66.4
Inventory, 3 Yr. CAGR %	-8.13	-13.54	-4.05	2.1	-2.36
Net Property, Plant and Equip., 3 Yr. CAGR %	-17.01	-15.36	-26.59	-26.83	-24.53
Total Assets, 3 Yr. CAGR %	-12.37	2.52	-11.01	-3.3	-1.95
Tangible Book Value, 3 Yr. CAGR %	-13.89	9.09	-8.72	0.39	-3.25
Common Equity, 3 Yr. CAGR %	-16.2	4.02	-10.7	-0.98	-3.98
Cash From Operations, 3 Yr. CAGR %	-18.34	-30.88	-37.31	-11.01	8.96
Capital Expenditures, 3 Yr. CAGR %	-85.57	-22.43	-61.21	-47.14	43.04
Levered Free Cash Flow, 3 Yr. CAGR %	-24.9	-38.95	-37.02	-11.25	41.47
Unlevered Free Cash Flow, 3 Yr. CAGR %	-25.16	-39.19	-36.98	-11.11	41.95
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	66.1	-11.23	-13.23	-20.52	-3.25
Gross Profit, 5 Yr. CAGR %	12.94	-37.71	20.3	-24.85	13.74
EBITDA, 5 Yr. CAGR %	-6.25	-22.34	-23.52	-17.82	-22.44
EBITA, 5 Yr. CAGR %	-5.39	-21.55	-22.53	-17.18	-22.07
EBIT, 5 Yr. CAGR %	-4.14	-21.15	-22.14	-17.51	-22.48
Earnings From Cont. Operations, 5 Yr. CAGR %	-3.48	-20.8	-23.84	-17.59	-22.94
Net Income, 5 Yr. CAGR %	-3.48	-20.8	-23.84	-17.59	-22.94
Normalized Net Income, 5 Yr. CAGR %	-3.79	-21.23	-22.71	-17.78	-22.81
Diluted EPS Before Extra, 5 Yr. CAGR %	-31.42	-44.95	-46.12	-34.06	-33.91
Accounts Receivable, 5 Yr. CAGR %	22.1	-1.65	-17.69	-0.78	74.77
Inventory, 5 Yr. CAGR %	-0.38	-4.1	-3.92	-4.67	-7.4
Net Property, Plant and Equip., 5 Yr. CAGR %	-1.69	0.25	-16.32	-24.31	-25.64
Total Assets, 5 Yr. CAGR %	-7.37	-4.31	-9.01	-4.55	-2.49
Tangible Book Value, 5 Yr. CAGR %	-11.15	-3.77	-8.25	-1.55	-0.79
Common Equity, 5 Yr. CAGR %	-10.86	-5.4	-10.28	-4.58	-2.49
Cash From Operations, 5 Yr. CAGR %	-6.02	-24.91	-26.17	-17.07	-14.04
Capital Expenditures, 5 Yr. CAGR %	-65.6	-24.44	-70.09	-50.49	-13.02
Levered Free Cash Flow, 5 Yr. CAGR %	-8.37	-33.24	-31.61	-16.01	-5.29
Unlevered Free Cash Flow, 5 Yr. CAGR %	-8.55	-33.39	-31.67	-16.1	-5.21