NEXT Biometrics Group ASA (NXTBF) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
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.
