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NEXT Biometrics Group ASA: Annual Report 2024

NEXT Biometrics Group
Oslo, 11 April 2025 - Publication of Annual Report 2024 

The NEXT Biometrics Group's Annual Report for 2024 is published today. The NEXT
Biometrics Group Annual Report 2024 ESEF-ZIP file is also attached. The reports
are also available at www.nextbiometrics.com/investors.

The financial statements have been adjusted compared to the preliminary and
unaudited 2024 results reported by NEXT Biometrics Group on 19 February 2025 in
the
following areas:
- A decrease in "Revenues" of NOK 0.4 million. The change is a result of
recognition of discounts offered to customers to accelerate payments on account
receivables in Q1 2025.

-An increase in "Other operating expense" of NOK 5.7 million in the income
statement for 2024. The change is a result of revised assumptions for expected
credit loss on account receivables.

-The profit after taxes for the NEXT Biometrics Group changed from negative NOK
39.0 million to negative NOK 45.2 million.



About NEXT Biometrics

NEXT provides advanced fingerprint sensor technology that delivers uncompromised
security and accuracy for the best possible user experience in the payment and
fintech, government ID, access control and office and notebook markets. The
company's patented NEXT Active Thermal ® principle allows the development of
large, high-quality fingerprint sensors with superior security level. NEXT
Biometrics Group ASA is headquartered in Oslo, with sales, support, and
development operations in Seattle, Taipei, Tokyo, New Delhi and Shanghai.

# # # # #


NEXT Investor contact:

Ulf Ritsvall (CEO), ulf.ritsvall@nextbiometrics.com

Eirik Underthun (CFO), eirik.underthun@nextbiometrics.com
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