FING-BNasdaq StockholmTechnologyIFRS · SEK

Fingerprint Cards B

Fingerprint Cards AB, known as Fingerprints, is a Swedish company specializing in biometric solutions. It is renowned for its development of fingerprint sensors, algorithms, and software technologies that enhance security and convenience in digital interactions. The company has supplied over a billion sensors worldwide, primarily serving smartphone and tablet manufacturers. Fingerprints is expanding its offerings to include smartcards, PCs, automotive, and IoT devices, aiming to lead in secure digital identity solutions.

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Revenue78.2m SEK
−80.6 %y/y
Operating profit (EBIT)-59.2m SEK
+88.7 %y/y
EBIT margin-75.7%
+53.7 ppy/y

Fiscal year 2025 · change from previous year

Development 2020–2025

-1,000-50005001,0001,500m SEK2020: 1,256 m SEK2020: EBIT -366 m SEK20202021: 1,356 m SEK2021: EBIT -7.6 m SEK20212022: 862 m SEK2022: EBIT -631 m SEK20222023: 705 m SEK2023: EBIT -320 m SEK20232024: 403 m SEK2024: EBIT -522 m SEK20242025: 78 m SEK2025: EBIT -59 m SEK202578-59
RevenueOperating profit (EBIT)
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Business

Share of revenue
Mobile Biometrics40 %

Fingerprint sensors for smartphones and tablets

Payment Solutions25 %

Biometric systems for smartcards

Access Control20 %

Biometric solutions for secure access

Automotive Biometrics10 %

Biometric solutions for automotive applications

IoT and Other Devices5 %

Biometric solutions for IoT and online devices

Customers

Fingerprint Cards AB primarily serves manufacturers of smartphones and tablets, leveraging its market-leading position in fingerprint sensor technology. The company is expanding into new customer segments, including smartcard manufacturers, automotive companies, and IoT device producers. These customers seek advanced biometric solutions to enhance security and user convenience. Fingerprints' technology is also appealing to industries focused on secure digital identity and authentication solutions.

Smartphone Manufacturers

Purchase fingerprint sensors for enhanced device security

Smartcard Producers

Adopt biometric systems for secure payment solutions

Automotive Companies

Integrate biometric solutions for secure vehicle access

IoT Device Manufacturers

Implement biometric authentication for secure connectivity

Strategy

Fingerprint Cards AB is focusing on expanding its product offerings beyond mobile devices to include smartcards, automotive, and IoT applications. The company aims to optimize costs and improve profitability by exiting low-margin segments like Mobile and PC. Strategic partnerships, such as with Infineon, are crucial for enhancing global reach and accelerating the adoption of new technologies. The company is committed to driving long-term growth through innovation in secure digital identity solutions, leveraging its leadership in biometric technology.

Expand into smartcard and IoT marketsMedium term

To diversify revenue streams and capture new growth opportunities

Optimize cost structureShort term

To improve profitability and financial flexibility

Enhance global reachLong term

To increase market presence and sales

Geography

Fingerprint Cards AB is headquartered in Sweden and operates globally, with a strong presence in the smartphone and tablet markets. The company is expanding its geographic reach through strategic partnerships, such as with Infineon, to enhance its global footprint. Manufacturing and R&D activities are primarily based in Sweden, supporting its innovation-driven business model. The company's geographic strategy focuses on regions with high demand for biometric solutions, including Europe, Asia, and North America.

Risks

Fingerprint Cards AB faces several risks, including the need to successfully implement its transformation plan and manage dependencies on key customers and suppliers. The company is exposed to market risks such as price competition and fluctuations in raw material costs. Geopolitical and macroeconomic factors also pose potential risks to operations. Additionally, the company must continuously innovate to meet customer demands and maintain its competitive edge in the biometric technology market.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Dependence on key customers1Implementation of transformation plan2Price competition3Geopolitical factors4
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Dependence on key customersImpact: CriticalLikelihood: Medium

    Loss of major customers could impact revenue

  2. Implementation of transformation planImpact: HighLikelihood: High

    Critical for shifting focus to high-growth areas

  3. Price competitionImpact: HighLikelihood: High

    Could erode margins in commoditized segments

  4. Geopolitical factorsImpact: MediumLikelihood: Low

    Could disrupt supply chains and market access

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Accounting

Judgemental items
Revenue recognition by product group

Impacts segment analysis and financial transparency

Depreciation of R&D expenses

Affects gross margins but not cash flow

Liquidity management

Critical for operational stability and growth investments

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Last updated: 24/09/2026

Fingerprint Cards B (XSTO) – Technology | Financial Analysis – Clarifo