NEXT Biometrics Group ASA (NXTBF) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
NEXT Biometrics Group ASA has shown significant growth in Q3 2024, reporting a 360% increase in revenue to NOK 27.6 million compared to the previous year. The company is nearing its break-even target with an EBITDA of just negative NOK 0.3 million and has secured strategic contracts and design-wins across China, India, Bangladesh, and Pakistan. Their technology, particularly the Active Thermal® sensors, continues to be in high demand, contributing to a robust order pipeline.
For further insights into NXTBF stock, check out TipRanks’ Stock Analysis page.
