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IDEX Biometrics Announces Strategic Shift in 2024 Annual Report

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IDEX Biometrics ( (IDXAD) ) just unveiled an announcement.

IDEX Biometrics has released its 2024 annual report and financial statements, highlighting a strategic shift towards the access market while maintaining efforts in the payment sector. This strategic change has led to adjustments in their financial statements, impacting their profit and loss and financial position, which were disclosed in their interim balance sheet.

More about IDEX Biometrics

IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity. Their technology is based on patented sensor technologies, integrated circuit designs, and software, targeting card-based applications. The company collaborates with card manufacturers and technology firms to market their solutions.

Technical Sentiment Signal: Buy

Current Market Cap: $3.06M

See more data about IDXAD stock on TipRanks’ Stock Analysis page.

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