# Fingerprint Cards B

> Clarifo company profile — qualitative business description generated from
> the company's filings. Financial statements, charts and ratios are
> available on Clarifo (https://www.clarifo.com/en/companies/fingerprintcardsb).

## Overview

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.

## Products & services

• Fingerprint sensors for smartphones and tablets
• Biometric systems for smartcards
• Iris recognition technology
• Biometric solutions for automotive applications
• Digital identity solutions for IoT devices

- **Mobile Biometrics** (40%) — Fingerprint sensors for smartphones and tablets
- **Payment Solutions** (25%) — Biometric systems for smartcards
- **Access Control** (20%) — Biometric solutions for secure access
- **Automotive Biometrics** (10%) — Biometric solutions for automotive applications
- **IoT and Other Devices** (5%) — Biometric solutions for IoT and online devices

- Fingerprint sensors for smartphones and tablets
- Biometric systems for smartcards
- Iris recognition technology
- Biometric solutions for automotive applications
- Digital identity solutions for IoT 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** (primary) — Purchase fingerprint sensors for enhanced device security
- **Smartcard Producers** (secondary) — Adopt biometric systems for secure payment solutions
- **Automotive Companies** (emerging) — Integrate biometric solutions for secure vehicle access
- **IoT Device Manufacturers** (emerging) — Implement biometric authentication for secure connectivity

- Smartphone manufacturers seeking advanced fingerprint sensors
- Smartcard producers looking for secure payment solutions
- Automotive companies integrating biometric access controls
- IoT device manufacturers requiring secure authentication
- Companies in need of digital identity solutions

## 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.

- Headquartered in Sweden with global operations
- Strong presence in European and Asian markets
- Expanding reach through partnerships like Infineon
- Focus on regions with high biometric solution demand
- Manufacturing and R&D primarily in Sweden

## 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 markets** (medium-term) — To diversify revenue streams and capture new growth opportunities
- **Optimize cost structure** (short-term) — To improve profitability and financial flexibility
- **Enhance global reach** (long-term) — To increase market presence and sales

- Expand product offerings to smartcards and IoT devices
- Exit low-margin Mobile and PC segments to optimize costs
- Leverage partnerships to enhance global reach
- Focus on innovation in secure digital identity solutions
- Drive long-term growth through strategic realignment

## 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.

- **Implementation of transformation plan** [high] — Critical for shifting focus to high-growth areas
- **Dependence on key customers** [critical] — Loss of major customers could impact revenue
- **Price competition** [high] — Could erode margins in commoditized segments
- **Geopolitical factors** [medium] — Could disrupt supply chains and market access

- Risks in implementing the transformation plan
- Dependence on key customers and suppliers
- Exposure to price competition and raw material cost fluctuations
- Geopolitical and macroeconomic risks
- Need for continuous innovation to stay competitive

## Accounting

Fingerprint Cards AB's financial statements are prepared in accordance with IFRS, with critical accounting matters including revenue recognition and the impact of currency fluctuations. The company reports revenue by product group, which affects segment analysis. Depreciation of capitalized R&D expenses impacts gross margins, although not cash flow. The company also faces challenges in managing liquidity and financing, highlighted by recent rights issues and bridge loans.

- **Revenue recognition by product group**
- **Depreciation of R&D expenses**
- **Liquidity management**

- Revenue recognition by product group affects segment analysis
- Depreciation of R&D expenses impacts gross margins
- Currency fluctuations affect financial reporting
- Liquidity management through rights issues and bridge loans
- IFRS compliance ensures transparency in financial reporting

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*Last updated: 2026-08-11T04:04:52.638931+00:00*
