IDEX Biometrics releases interim report for first half of 2024, showing progress and revenue growth

From GlobeNewswire: 2024-08-15 02:00:00

IDEX Biometrics ASA released its first half of 2024 interim report, available on their website for investors. Card manufacturing partners made progress towards commercial production, with Beautiful Card Corporation receiving Mastercard approval in June. Revenue in Q2 was $0.4 million, with a 40% gross profit margin and $6.1 million in operating expenses. The company aims to reduce expenses further and grow revenues in the second half of 2024. Contact Marianne Bøe for more information.



Read more at GlobeNewswire:: IDEX Biometrics interim report for the first half of 2024