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IDEX Biometrics ( (IDXAF) ) has shared an announcement.
IDEX Biometrics has reported a significant reduction in operating expenses, achieving a 52% year-over-year decrease in the first half of 2025. The company has also streamlined its workforce and renegotiated its convertible bond, reducing outstanding principal significantly. These efforts, along with management restructuring, aim to enhance operational efficiency and strengthen investor relations.
More about IDEX Biometrics
IDEX Biometrics ASA is a global technology leader specializing in fingerprint biometrics. The company provides authentication solutions for payments, access control, and digital identity, leveraging patented sensor technologies and integrated circuit designs. IDEX partners with leading card manufacturers and technology companies to deliver its solutions to market.
YTD Price Performance: -57.30%
Average Trading Volume: 217,499
Current Market Cap: NOK151M
For an in-depth examination of IDXAF stock, go to TipRanks’ Overview page.