OverviewSuggest Edit

IDEX Biometrics is a company that provides fingerprint identification technologies. It offers off-chip and silicon fingerprint sensors for use in various applications, including mobility platforms, computer platforms, and peripherals. Its technologies are also used for payment and security, identification and personalization, healthcare and banking, and security-enabled or personalized consumer electronics.

TypePublic
Founded1996
HQOslo, NO
Websiteidexbiometrics.com
Employee Ratings4.2

Latest Updates

Employees (est.) (Aug 2020)91(-24%)
Revenue (FY, 2020)$1.1 M(+159%)
Share Price (Sept 2021)KR2.3(-4%)
Cybersecurity ratingAMore

Key People/Management at IDEX Biometrics

Vince Graziani

Vince Graziani

Chief Executive Officer
Fred Benkley

Fred Benkley

Chief Innovation Officer
Anthony Eaton

Anthony Eaton

Chief Technology Officer
Guido Bertocci

Guido Bertocci

VP, Software Engineering
Chris Ludden

Chris Ludden

SVP, Silicon and Sensor Technologies
Brian Roberts

Brian Roberts

SVP, Product Management & Business Development
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IDEX Biometrics Office Locations

IDEX Biometrics has offices in Oslo, Rochester, Wilmington, Shanghai and in 1 other location
Oslo, NO (HQ)
Dronning Eufemias gate 16
Shanghai, CN
room c310, building 21, 2388 Chenhang Hwy, Minhang Qu
Farnborough, GB
Abbey House 282 Farnborough Road
Rochester, NY, US
100 Meridian Centre Blvd #230
Wilmington, MA, US
187 Ballardvale St B211
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IDEX Biometrics Financials and Metrics

IDEX Biometrics Revenue

IDEX Biometrics's revenue was reported to be $1.1 m in FY, 2020
USD

Revenue (FY, 2020)

1.1m

Net income (FY, 2020)

(26.8m)

Market capitalization (21-Sept-2021)

2.1b

Closing stock price (21-Sept-2021)

2.3

Cash (31-Dec-2020)

7.3m
IDEX Biometrics's current market capitalization is kr2.1 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

440.0k424.0k1.1m

Revenue growth, %

(4%)

Sales and marketing expense

185.0k62.0k

General and administrative expense

19.8m21.8m
Quarterly
USDQ3, 2019Q3, 2020

Revenue

149.0k248.0k

Sales and marketing expense

21.0k45.0k

General and administrative expense

5.0m4.3m

R&D expense

968.0k930.0k
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

9.6m14.1m7.3m

Accounts Receivable

39.0k31.0k487.0k

Prepaid Expenses

636.0k769.0k

Inventories

1.2m686.0k859.0k
Quarterly
USDQ3, 2020

Cash

5.7m

Accounts Receivable

223.0k

Prepaid Expenses

655.0k

Inventories

834.0k
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(30.2m)(32.4m)

Depreciation and Amortization

842.0k1.6m1.7m

Inventories

(112.0k)470.0k

Accounts Payable

252.0k(124.0k)
Quarterly
USDQ3, 2019Q3, 2020

Net Income

(22.9m)(19.5m)

Depreciation and Amortization

1.2m1.3m

Inventories

(513.0k)(198.0k)

Accounts Payable

95.0k100.0k
USDFY, 2018

Revenue/Employee

3.9k

Financial Leverage

1.3 x
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IDEX Biometrics Operating Metrics

IDEX Biometrics's Customers was reported to be 14 in Q3, 2020.
FY, 2018FY, 2019Aug, 2020Q3, 2020

Customers

131514

Patent Applications

102

Patent Families

58

Patents Issued

110
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IDEX Biometrics Acquisitions / Subsidiaries

Company NameDateDeal Size
Akron Brass Holding CorpMarch 18, 2016$224.2 m
PicoField TechnologiesSeptember 23, 2013
IDEX America Inc.
IDEX Biometrics UK Ltd.
IDEX Electronics (Shanghai) Co., Ltd.
IDEX Holding Company Inc.

IDEX Biometrics Revenue Breakdown

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IDEX Biometrics revenue breakdown by business segment: 37.5% from Product and 62.5% from Service

IDEX Biometrics revenue breakdown by geographic segment: 11.1% from Europe, Middle East and Africa, 63.7% from Americas and 25.2% from Asia

IDEX Biometrics Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

IDEX Biometrics Online and Social Media Presence

Embed Graph

IDEX Biometrics News and Updates

IDEX Biometrics Selected for Central Bank Digital Currency Solution from Union Smart

Oslo, Norway –20 September 2021 - IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions for card-based solutions, announced today that Union Smart Card Co., Ltd. (Union Smart), of Shenzhen, China, is utilizing the company’s fingerprint authentica…

Registration of Share Capital Increases in IDEX Biometrics 2 September 2021

Reference is made to the notice dated 20 August 2021 regarding shares issude to employees who had exercised incentive subscription rights.

IDEX Biometrics Receives an Order for its TrustedBio™ Sensor

Oslo, Norway – 20 August 2021 – IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, has received an additional purchase order for its TrustedBio™ biometric fingerprint sensors from an existing customer increasing production backlog for Trusted…

IDEX Biometrics Presentation for the First Half of 2021

Oslo, Norway – 12 August 2021 - IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, has prepared an updated Company Presentation for the first half year of 2021. The presentation is webcasted today at 15:00 CET, at: https://channel.royalcast.com/landingpage/hegnarmedia/20210812_2/…

IDEX Biometrics ASA releases Interim Report for the First Half of 2021

Oslo, Norway – 12 August 2021 - IDEX Biometrics ASA (IDEX Biometrics or the Company), a leading provider of advanced fingerprint identification and authentication solutions for payment cards and adjacent applications, today released its financial results for the three and six months ended June 30, 2…

Grant of Incentive Subscription Rights in IDEX Biometrics 11 August 2021

The board of directors of IDEX Biometrics ASA resolved on 11 August 2021 to issue 8,880,100 incentive subscription rights to 103 new and continuing employees and individual contractors in the IDEX Biometrics group. The grant was made under the company's 2021 incentive subscription rights plan as res…
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IDEX Biometrics Blogs

FinTech Global: IDEX Biometrics teams up with Union Smart

Fingerprint identification and authentication solution developer IDEX Biometrics has teamed up with Union Smart Card to deploy its services in China. Read More The post FinTech Global: IDEX Biometrics teams up with Union Smart appeared first on IDEX Biometrics.

Registration of Share Capital Increase in IDEX Biometrics 8 September 2021

Reference is made to the notice dated 1 September 2021 regarding shares issued to employees acquiring shares under the 2020 employee share purchase plan. The capital increase has been registered The post Registration of Share Capital Increase in IDEX Biometrics 8 September 2021 appeared first on IDE…

Biometric Update: IDEX Biometrics reports increasing demand for TrustedBio fingerprint sensors

New order follows shortly after the release of TrustedBio Max Read More The post Biometric Update: IDEX Biometrics reports increasing demand for TrustedBio fingerprint sensors appeared first on IDEX Biometrics.

Identity Week: IDEX Biometrics wins order for TrustedBio

IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, has received an additional purchase order for its TrustedBio biometric fingerprint sensors from an existing customer increasing The post Identity Week: IDEX Biometrics wins order for TrustedB…

The PayPers: IDEX Biometrics introduces its new product, TrustedBio Max

IDEX Biometrics, a provider of fingerprint identification and authentication solutions, has announced the second product in its TrustedBio line, TrustedBio Max. Read More The post The PayPers: IDEX Biometrics introduces its new product, TrustedBio Max appeared first on IDEX Biometrics.

IDEX Biometrics announces TrustedBio™ Max

Powerful extension of TrustedBio platform features necessary biometric functionality to enable rapid and low-cost card designs for EMV applications   Oslo, Norway – 04 August 2021 – IDEX Biometrics ASA (OSE: The post IDEX Biometrics announces TrustedBio™ Max appeared first on IDEX Biometrics.
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IDEX Biometrics Frequently Asked Questions

  • When was IDEX Biometrics founded?

    IDEX Biometrics was founded in 1996.

  • Who are IDEX Biometrics key executives?

    IDEX Biometrics's key executives are Vince Graziani, Fred Benkley and Anthony Eaton.

  • How many employees does IDEX Biometrics have?

    IDEX Biometrics has 91 employees.

  • What is IDEX Biometrics revenue?

    Latest IDEX Biometrics annual revenue is $1.1 m.

  • What is IDEX Biometrics revenue per employee?

    Latest IDEX Biometrics revenue per employee is $12 k.

  • Who are IDEX Biometrics competitors?

    Competitors of IDEX Biometrics include Clear, CardioID Technologies and IN Groupe.

  • Where is IDEX Biometrics headquarters?

    IDEX Biometrics headquarters is located at Dronning Eufemias gate 16, Oslo.

  • Where are IDEX Biometrics offices?

    IDEX Biometrics has offices in Oslo, Rochester, Wilmington, Shanghai and in 1 other location.

  • How many offices does IDEX Biometrics have?

    IDEX Biometrics has 5 offices.