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The latest announcement is out from IDEX Biometrics ( (IDXAF) ).
IDEX Biometrics has successfully transitioned from a component supplier to a product company, marking the completion of this transformation in Q3 2025. Despite revenues being as expected, the company highlights positive developments in customer validation, product certification, and regulatory approvals. The company has secured new contracts with major firms like Toshiba and Emnovate, indicating strong future prospects. Operating expenses have significantly decreased, showcasing effective cost management during this strategic transition.
More about IDEX Biometrics
IDEX Biometrics ASA is a company focused on shaping the future of access and payments through identity-first biometrics. With over a decade of proprietary innovation, their solutions are globally certified and trusted by leading financial institutions. They serve enterprises, the public sector, banks, and issuers, delivering secure and seamless experiences in digital and physical access and payments.
YTD Price Performance: -56.72%
Average Trading Volume: 98,432
Current Market Cap: NOK160.7M
For a thorough assessment of IDXAF stock, go to TipRanks’ Stock Analysis page.