Fingerprint Cards (FING.B) AI Stock Analysis

• Market Cap: kr71.53M
• Dividend Yield: N/A
• Average Volume (3M): 66.25K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.99
• Revenue Growth: -82.93%
• EPS Growth: 94.83%
• Country: SE
• Employees: 40
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): -2.21
• Shares Outstanding: 7,583,750
• 10 Day Avg. Volume: 34,392
• 30 Day Avg. Volume: 66,255
• PEG Ratio: 7.47
• Price to Book (P/B): 1.55K
• Price to Sales (P/S): 1062.24
• P/FCF Ratio: -2.06K
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: kr21.50 ▲(16.22% Upside)

The overall stock score is primarily impacted by the company's weak financial performance, characterized by declining revenues and negative profit margins. Technical analysis provides some short-term bullish signals, but the long-term outlook remains bearish. Valuation is poor due to negative earnings and lack of dividends, further weighing down the score.

Positive Factors

Strong Equity Position

A strong equity position with an 85.8% equity ratio provides financial stability and reduces reliance on external debt, supporting long-term resilience.

Low Debt Levels

Low debt levels reduce financial risk and interest obligations, allowing the company more flexibility to navigate financial challenges and invest in growth.

Established Partnerships

Strong partnerships with major OEMs enhance market reach and sales volume, providing a steady revenue stream and potential for future growth.

Negative Factors

Declining Revenues

Declining revenues indicate reduced market demand or competitive pressures, challenging the company's ability to sustain operations and invest in growth.

Negative Profit Margins

Negative profit margins reflect operational inefficiencies and pricing pressures, limiting the company's ability to generate profits and reinvest in the business.

Negative Cash Flow

Negative cash flow indicates cash management challenges, constraining the company's ability to fund operations and growth initiatives without external financing.

Fingerprint Cards Business Overview & Revenue Model

Company Description

Fingerprint Cards AB (publ) develops, produces, and markets biometric systems and technologies. Its biometric systems include sensors, algorithms, software, and packaging technologies. The company offers biometric solutions for smartphones, PCs, tablets, smart cards, door locks, authentication keys, vehicles, payment cards, internet of thing (IoT), and the automotive industry. It also offers various development tools for software development and production. The company sells its products through distributors and resellers. The company serves customers in Sweden, Asia, South and North America, Europe, the Middle East, and Africa. Fingerprint Cards AB (publ) was incorporated in 1971 and is headquartered in Gothenburg, Sweden.

How the Company Makes Money

Fingerprint Cards generates revenue primarily through the sale of its biometric sensors and solutions to original equipment manufacturers (OEMs) and system integrators. Key revenue streams include the sale of fingerprint sensors for smartphones, tablets, and wearable devices, as well as licensing agreements for its biometric software technology. The company has established significant partnerships with major players in the mobile device market, which helps drive sales volume. Additionally, Fingerprint Cards may benefit from ongoing service agreements and support contracts related to its products, contributing further to its earnings.

Fingerprint Cards Financial Statement Overview

Summary

Fingerprint Cards is facing significant financial challenges, evidenced by declining revenues, negative profit margins, and persistent losses. While the balance sheet shows a low debt level and strong equity ratio, the company's ability to generate positive cash flow is concerning. The overall financial health is weak, with no immediate signs of recovery.

Income Statement

The company has experienced a significant decline in revenue over recent years, with a TTM revenue of $275 million compared to $861.8 million in 2022 and $1.36 billion in 2021. Gross profit margin decreased from 29.3% in 2021 to 14.4% in the TTM period, indicating declining profitability. Net profit margin is negative, reflecting ongoing losses. The EBIT and EBITDA margins are also negative, pointing to operational challenges.

Balance Sheet

The company maintains a relatively strong equity position, with a stockholders' equity of $330.5 million against total assets of $385.1 million in the TTM period, resulting in an equity ratio of 85.8%. However, the return on equity is negative due to significant net losses. The debt-to-equity ratio is low, indicating modest leverage, but the overall financial health is affected by declining asset base and equity.

Cash Flow

Operating cash flow remains negative, with a TTM value of -$127.9 million, highlighting cash management challenges. Free cash flow is also negative, with no signs of improvement, as seen in the TTM free cash flow of -$107 million. The free cash flow to net income ratio is unfavorable, indicating poor cash generation relative to net losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	95.90M	403.20M	705.40M	861.80M	1.36B	1.26B
Gross Profit	38.30M	45.60M	89.60M	166.40M	396.90M	275.20M
EBITDA	-111.10M	-519.70M	-280.40M	-580.40M	45.00M	-318.60M
Net Income	-110.10M	-688.30M	-339.80M	-586.00M	100.00K	-340.80M
Balance Sheet
Total Assets	319.00M	425.00M	1.08B	1.45B	1.80B	1.58B
Cash, Cash Equivalents and Short-Term Investments	28.30M	12.10M	109.90M	274.10M	374.30M	377.00M
Total Debt	3.60M	20.40M	107.50M	317.30M	315.50M	22.60M
Total Liabilities	32.20M	148.40M	392.00M	579.00M	771.80M	392.20M
Stockholders Equity	286.80M	276.60M	691.60M	866.50M	1.03B	1.18B
Cash Flow
Free Cash Flow	-100.30M	-207.60M	-135.60M	-438.70M	-65.40M	39.00M
Operating Cash Flow	-102.30M	-207.60M	-88.30M	-334.10M	24.30M	158.10M
Investing Cash Flow	-1.60M	-11.60M	-46.10M	-104.60M	-91.00M	-119.10M
Financing Cash Flow	83.20M	118.10M	-25.70M	328.40M	58.40M	-209.20M

Fingerprint Cards Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 18.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:FING.B, the sentiment is Negative. The current price of 18.5 is below the 20-day moving average (MA) of 19.68, below the 50-day MA of 20.27, and below the 200-day MA of 22.91, indicating a bearish trend. The MACD of -0.51 indicates Positive momentum. The RSI at 39.62 is Neutral, neither overbought nor oversold. The STOCH value of 30.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:FING.B.

Fingerprint Cards Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
ACCON	54 Neutral	kr930.11M	-36.51	-9.00%	―	-1.32%	51.89%
GPX	51 Neutral	kr69.21M	-7.15	―	―	-15.54%	-263.54%
FING.B	46 Neutral	kr71.53M	-0.77	-37.93%	―	-82.93%	94.83%
RO	44 Neutral	kr63.99M	-3.36	-26.75%	―	-0.73%	-136.62%
INSP	42 Neutral	kr9.54M	-0.34	-93.13%	―	-0.75%	65.47%

Fingerprint Cards Corporate Events

FPC’s Biometric System Chosen for Mettlesemi’s Next-Gen Authenticators

Fingerprint Cards AB (FPC) has announced that its FPC AllKey Pro biometric system will be used in Mettlesemi’s next-generation Vishwaas Authenticators, set to launch in Q2 2026. This collaboration marks a significant milestone for FPC, highlighting its growing presence in the Indian market and reinforcing the AllKey product family’s relevance as a scalable platform for biometric-enabled security devices. The partnership with Mettlesemi underscores the trust in FPC’s technology and supports the global shift towards passwordless login standards, driven by increasing enterprise security needs and digital transformation initiatives.

The most recent analyst rating on ($SE:FING.B) stock is a Hold with a SEK21.50 price target. To see the full list of analyst forecasts on Fingerprint Cards stock, see the SE:FING.B Stock Forecast page.

Fingerprint Cards Launches AllKey Ultra FIDO for Rapid Token Deployment

Fingerprint Cards AB, in collaboration with jNet Secure, has launched the AllKey Ultra FIDO, a turn-key biometric platform designed for rapid deployment of FIDO security tokens. This platform allows companies to create customized FIDO hardware authenticators while reducing development time and complexity. The AllKey Ultra FIDO is aimed at organizations looking to enter the FIDO token market without extensive hardware or security engineering resources, providing a secure and certified foundation for high-assurance authentication products.

The most recent analyst rating on ($SE:FING.B) stock is a Hold with a SEK21.50 price target. To see the full list of analyst forecasts on Fingerprint Cards stock, see the SE:FING.B Stock Forecast page.

FPC and M-Tech Launch India’s First VISA-Certified Biometric Payment Card

Fingerprint Cards AB (FPC) has partnered with M-Tech Innovations to launch India’s first VISA-certified biometric payment card, marking a significant advancement in secure digital payments in India. This collaboration supports the ‘Make in India’ initiative and positions FPC as a key player in the Indian payments market, with plans for commercial rollout and increased engagement with financial institutions in 2026.

The most recent analyst rating on ($SE:FING.B) stock is a Hold with a SEK21.50 price target. To see the full list of analyst forecasts on Fingerprint Cards stock, see the SE:FING.B Stock Forecast page.

Fingerprint Cards Unveils FPC AllKey Ultra with Enhanced Security Features

Fingerprint Cards AB has launched the FPC AllKey Ultra, an advanced variant in its biometric systems lineup, featuring a secure element for enhanced data protection and cryptographic operations. This launch aims to expand FPC’s market reach by addressing the growing demand for secure authentication across various applications, reinforcing the company’s commitment to innovation and leadership in biometric solutions.

The most recent analyst rating on ($SE:FING.B) stock is a Hold with a SEK21.50 price target. To see the full list of analyst forecasts on Fingerprint Cards stock, see the SE:FING.B Stock Forecast page.

Fingerprint Cards Reports Strong Revenue Growth and New Licensing Deal

Fingerprint Cards reported a significant revenue increase of 47% in constant currency terms for Q3 2025 compared to the previous year, alongside a record gross margin of 68.6%. The company also announced a new licensing deal with PixArt Imaging Inc., valued at SEK 19 million upfront, which is expected to impact their financials positively in Q4 2025. Despite these achievements, the company continues to face challenges with negative EBITDA and operating results, although there are improvements compared to the previous year.

The most recent analyst rating on ($SE:FING.B) stock is a Hold with a SEK20.50 price target. To see the full list of analyst forecasts on Fingerprint Cards stock, see the SE:FING.B Stock Forecast page.

Fingerprint Cards AB to Present Q3 2025 Results

Fingerprint Cards AB announced a webcast and telephone conference to present their third quarter 2025 results on October 28, 2025. The presentation, led by CEO Adam Philpott and CFO Fredrik Hedlund, will provide insights into the company’s performance and strategic direction, potentially impacting stakeholders and market positioning.

The most recent analyst rating on ($SE:FING.B) stock is a Hold with a SEK24.50 price target. To see the full list of analyst forecasts on Fingerprint Cards stock, see the SE:FING.B Stock Forecast page.

Anonybit and FPC Introduce Biometric Authentication to Microsoft Entra Marketplace

Anonybit and Fingerprint Cards AB (FPC) have announced a collaboration to integrate privacy-preserving biometric authentication into the Microsoft Entra Marketplace. This integration allows enterprises to deploy biometric solutions quickly, enhancing security and privacy without relying on traditional passwords or PINs. The partnership aims to address the challenges of legacy identity systems by offering a scalable, secure, and compliant solution that meets global standards, thereby reducing the risk of breaches and improving user experience.

The most recent analyst rating on ($SE:FING.B) stock is a Hold with a SEK20.50 price target. To see the full list of analyst forecasts on Fingerprint Cards stock, see the SE:FING.B Stock Forecast page.