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NEXT Biometrics Group

BATS-CHIXE:NEXTO
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NEXTO
BATS-CHIXE
NOK73M
Market Cap
  1. Home
  2. GB
  3. Tech
Company description

NEXT Biometrics Group ASA, through its subsidiaries, engages in the research, development, manufacture, and commercialization of fingerprint technology and products in Asia. The last earnings update was 43 days ago. More info.


Add to Portfolio Compare Print
  • NEXT Biometrics Group has significant price volatility in the past 3 months.
NEXTO Share Price and Events
7 Day Returns
-0.9%
BATS-CHIXE:NEXTO
3.9%
GB Electronic
5.3%
GB Market
1 Year Returns
-81.3%
BATS-CHIXE:NEXTO
-4.5%
GB Electronic
-21.5%
GB Market
NEXTO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
NEXT Biometrics Group (NEXTO) -0.9% -11.7% -54.8% -81.3% -98.1% -
GB Electronic 3.9% -1.8% -14.1% -4.5% 23.7% 66.2%
GB Market 5.3% -6.5% -25.2% -21.5% -22.4% -21.9%
1 Year Return vs Industry and Market
  • NEXTO underperformed the Electronic industry which returned -4.5% over the past year.
  • NEXTO underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -21.5% over the past year.
Price Volatility
NEXTO
Industry
5yr Volatility vs Market

NEXTO Value

 Is NEXT Biometrics Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for NEXT Biometrics Group. This is due to cash flow or dividend data being unavailable. The share price is NOK1.678.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for NEXT Biometrics Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are NEXT Biometrics Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BATS-CHIXE:NEXTO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in NOK NOK-4.32
OB:NEXT Share Price ** OB (2020-04-07) in NOK NOK1.7
United Kingdom of Great Britain and Northern Ireland Electronic Industry PE Ratio Median Figure of 22 Publicly-Listed Electronic Companies 17.3x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 747 Publicly-Listed Companies 13.27x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of NEXT Biometrics Group.

BATS-CHIXE:NEXTO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OB:NEXT Share Price ÷ EPS (both in NOK)

= 1.7 ÷ -4.32

-0.39x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NEXT Biometrics Group is loss making, we can't compare its value to the GB Electronic industry average.
  • NEXT Biometrics Group is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does NEXT Biometrics Group's expected growth come at a high price?
Raw Data
BATS-CHIXE:NEXTO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.39x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Electronic Industry PEG Ratio Median Figure of 11 Publicly-Listed Electronic Companies 1.04x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 513 Publicly-Listed Companies 1.03x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for NEXT Biometrics Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on NEXT Biometrics Group's assets?
Raw Data
BATS-CHIXE:NEXTO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in NOK NOK3.02
OB:NEXT Share Price * OB (2020-04-07) in NOK NOK1.7
United Kingdom of Great Britain and Northern Ireland Electronic Industry PB Ratio Median Figure of 33 Publicly-Listed Electronic Companies 1.89x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,322 Publicly-Listed Companies 1.13x
BATS-CHIXE:NEXTO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OB:NEXT Share Price ÷ Book Value per Share (both in NOK)

= 1.7 ÷ 3.02

0.56x

* Primary Listing of NEXT Biometrics Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NEXT Biometrics Group is good value based on assets compared to the GB Electronic industry average.
X
Value checks
We assess NEXT Biometrics Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. NEXT Biometrics Group has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

NEXTO Future Performance

 How is NEXT Biometrics Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as NEXT Biometrics Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9%
Expected Electronic industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is NEXT Biometrics Group expected to grow at an attractive rate?
  • Unable to compare NEXT Biometrics Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare NEXT Biometrics Group's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare NEXT Biometrics Group's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BATS-CHIXE:NEXTO Future Growth Rates Data Sources
Data Point Source Value (per year)
United Kingdom of Great Britain and Northern Ireland Electronic Industry Earnings Growth Rate Market Cap Weighted Average 9%
United Kingdom of Great Britain and Northern Ireland Electronic Industry Revenue Growth Rate Market Cap Weighted Average 4%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 15.4%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 2.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BATS-CHIXE:NEXTO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in NOK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BATS-CHIXE:NEXTO Future Estimates Data
Date (Data in NOK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
BATS-CHIXE:NEXTO Past Financials Data
Date (Data in NOK Millions) Revenue Cash Flow Net Income *
2019-12-31 84 -131 -171
2019-09-30 104 -118 -156
2019-06-30 117 -128 -165
2019-03-31 113 -144 -175
2018-12-31 108 -144 -173
2018-09-30 104 -154 -185
2018-06-30 99 -149 -184
2018-03-31 97 -147 -179
2017-12-31 98 -148 -181
2017-09-30 105 -151 -175
2017-06-30 108 -168 -178
2017-03-31 111 -183 -187

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if NEXT Biometrics Group is high growth as no earnings estimate data is available.
  • Unable to determine if NEXT Biometrics Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BATS-CHIXE:NEXTO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from NEXT Biometrics Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:NEXTO Future Estimates Data
Date (Data in NOK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
BATS-CHIXE:NEXTO Past Financials Data
Date (Data in NOK Millions) EPS *
2019-12-31 -4.32
2019-09-30 -4.61
2019-06-30 -5.91
2019-03-31 -7.98
2018-12-31 -9.30
2018-09-30 -10.38
2018-06-30 -10.76
2018-03-31 -10.89
2017-12-31 -11.11
2017-09-30 -10.97
2017-06-30 -11.40
2017-03-31 -12.42

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if NEXT Biometrics Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. NEXT Biometrics Group's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Tech companies here
  2. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess NEXT Biometrics Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
NEXT Biometrics Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

NEXTO Past Performance

  How has NEXT Biometrics Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare NEXT Biometrics Group's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • NEXT Biometrics Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare NEXT Biometrics Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare NEXT Biometrics Group's 1-year growth to the GB Electronic industry average as it is not currently profitable.
Earnings and Revenue History
NEXT Biometrics Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from NEXT Biometrics Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BATS-CHIXE:NEXTO Past Revenue, Cash Flow and Net Income Data
Date (Data in NOK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 84.44 -171.45 121.38
2019-09-30 104.48 -155.68 119.06
2019-06-30 117.09 -164.63 123.75
2019-03-31 112.60 -174.63 123.67
2018-12-31 108.39 -172.90 116.77
2018-09-30 103.79 -184.99 108.48
2018-06-30 98.97 -184.02 101.72
2018-03-31 97.34 -178.85 95.43
2017-12-31 98.16 -180.82 90.78
2017-09-30 105.30 -175.10 84.30
2017-06-30 108.33 -177.91 77.33
2017-03-31 111.01 -187.42 70.08
2016-12-31 92.07 -192.61 65.51
2016-09-30 61.96 -192.93 62.39
2016-06-30 33.72 -178.34 59.80
2016-03-31 7.36 -151.42 55.28
2015-12-31 4.57 -121.53 47.72
2015-09-30 7.25 -107.36 41.21
2015-06-30 8.29 -91.93 32.93
2015-03-31 8.69 -84.35 28.34
2014-12-31 6.31 -79.69 24.39
2014-09-30 1.96 -64.91 23.05
2014-06-30 0.72 -58.12 19.04
2014-03-31 0.04 -48.97 14.84
2013-12-31 0.04 -38.80 11.90

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if NEXT Biometrics Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if NEXT Biometrics Group has efficiently used its assets last year compared to the GB Electronic industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if NEXT Biometrics Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess NEXT Biometrics Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
NEXT Biometrics Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

NEXTO Health

 How is NEXT Biometrics Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up NEXT Biometrics Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • NEXT Biometrics Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • NEXT Biometrics Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of NEXT Biometrics Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.4040647378272E+17x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from NEXT Biometrics Group Company Filings, last reported 3 months ago.

BATS-CHIXE:NEXTO Past Debt and Equity Data
Date (Data in NOK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 129.80 0.00 88.54
2019-09-30 186.15 0.00 131.73
2019-06-30 222.33 0.00 163.48
2019-03-31 257.66 0.00 188.86
2018-12-31 119.29 0.00 46.30
2018-09-30 155.23 0.00 70.79
2018-06-30 194.93 0.00 112.89
2018-03-31 189.77 0.00 108.58
2017-12-31 165.13 0.00 79.72
2017-09-30 213.34 0.00 123.09
2017-06-30 251.28 0.00 160.13
2017-03-31 289.62 0.00 222.16
2016-12-31 177.17 0.00 106.34
2016-09-30 221.51 0.00 157.00
2016-06-30 235.25 0.00 182.52
2016-03-31 125.19 0.00 76.85
2015-12-31 172.72 0.00 130.23
2015-09-30 90.08 0.00 45.28
2015-06-30 118.72 0.00 75.95
2015-03-31 142.01 0.00 98.75
2014-12-31 161.61 0.00 129.27
2014-09-30 190.46 0.00 163.53
2014-06-30 203.13 0.00 188.89
2014-03-31 49.10 0.00 44.26
2013-12-31 63.15 0.00 69.73
  • NEXT Biometrics Group's level of debt (0%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if NEXT Biometrics Group's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • NEXT Biometrics Group has less than a year of cash runway based on current free cash flow.
  • NEXT Biometrics Group has less than a year of cash runway if free cash flow continues to grow at historical rates of 9.5% each year.
X
Financial health checks
We assess NEXT Biometrics Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. NEXT Biometrics Group has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

NEXTO Dividends

 What is NEXT Biometrics Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from NEXT Biometrics Group dividends.
If you bought NOK2,000 of NEXT Biometrics Group shares you are expected to receive NOK0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate NEXT Biometrics Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate NEXT Biometrics Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BATS-CHIXE:NEXTO Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Electronic Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 1.8%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 575 Stocks 5.5%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1.3%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2.5%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 6.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BATS-CHIXE:NEXTO Future Dividends Estimate Data
Date (Data in NOK) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as NEXT Biometrics Group has not reported any payouts.
  • Unable to verify if NEXT Biometrics Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of NEXT Biometrics Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as NEXT Biometrics Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess NEXT Biometrics Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can NEXT Biometrics Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. NEXT Biometrics Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

NEXTO Management

 What is the CEO of NEXT Biometrics Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Peter Heuman
AGE 43
TENURE AS CEO 0.6 years
CEO Bio

Mr. Peter Heuman serves as the Chief Executive Officer at NEXT Biometrics Group ASA since September 16, 2019. He served as the Chief Executive Officer of Done Management and Systems AB and HS, Inc. Mr. Heuman served with Done Management since 2008. He is a proven industry leader with international management experience. He gained strong experience in the payment industry as Managing Director Mobile Financial Services at Ericsson. He also served on the Board of Directors of iConectiv, a US-based IT and operations technology company. Prior to joining NEXT Biometrics, he acted as Senior Advisor for several European private equity firms. He served as the Chief Executive Officer of Parlino S.A, Luxembourg and of Nordkom AB (publ). He served as Sales and Marketing Director of Tele 2, Netherlands. He has been a Member of Advisory Board at Telcordia Technologies, Inc. since August 21, 2013. He is a former professional cross-country skier and member of the Swedish National Ski team, honored with several medals. Mr. Heuman holds a Master of Science degree in Information Technology & Industrial Management from Chalmers University of Technology Gothenburg, Sweden, and completed Executive Leadership education at Stanford University, US.

CEO Compensation
  • Insufficient data for Peter to compare compensation growth.
  • Insufficient data for Peter to establish whether their remuneration is reasonable compared to companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure of the NEXT Biometrics Group management team in years:

0.6
Average Tenure
  • The average tenure for the NEXT Biometrics Group management team is less than 2 years, this suggests a new team.
Management Team

Dan Cronin

TITLE
Chief Operating Officer
COMPENSATION
NOK3M
TENURE
0.6 yrs

Peter Heuman

TITLE
Chief Executive Officer
AGE
43
TENURE
0.6 yrs

Eirik Underthun

TITLE
Interim Chief Financial Officer
TENURE
0.2 yrs

Håkan Persson

TITLE
Senior Vice President of Sales & Strategy
AGE
58
TENURE
0.2 yrs

Ravi Jagannath

TITLE
Senior Vice President of Operations
TENURE
2.1 yrs
Board of Directors Tenure

Average tenure and age of the NEXT Biometrics Group board of directors in years:

4.3
Average Tenure
58.5
Average Age
  • The tenure for the NEXT Biometrics Group board of directors is about average.
Board of Directors

Magnus Mandersson

TITLE
Chairman of the Board
AGE
60
TENURE
1.9 yrs

Brita Eilertsen

TITLE
Director
COMPENSATION
NOK230K
AGE
57
TENURE
6.3 yrs

Max Wu

TITLE
Strategic Advisor

Emannuel Lang

TITLE
Director
COMPENSATION
NOK220K
TENURE
4.4 yrs

Ola Rollén

TITLE
Strategic Advisor
AGE
54
TENURE
4.3 yrs

Jan Hartvig

TITLE
Strategic Advisor
AGE
60
TENURE
4.3 yrs

Emine Lundkvist

TITLE
Director
COMPENSATION
NOK200K
TENURE
3.3 yrs

Petter Fjellstad

TITLE
Director
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (NOK) Value (NOK)
12. Sep 19 Sell Invesco Ltd. Company 12. Sep 19 12. Sep 19 -2,387,766 NOK5.00 NOK-11,938,415
31. Jul 19 Sell Invesco Ltd. Company 30. Jul 19 30. Jul 19 -113,900 NOK4.70 NOK-535,626
X
Management checks
We assess NEXT Biometrics Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. NEXT Biometrics Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

NEXTO News

Simply Wall St News

NEXTO Company Info

Description

NEXT Biometrics Group ASA, through its subsidiaries, engages in the research, development, manufacture, and commercialization of fingerprint technology and products in Asia. The company offers fingerprint sensor modules and readers, and flexible biometric subassemblies, as well as software and hardware development kits for USB and SPI modules. Its products are used in smart card, government ID, access control, and notebook applications. The company serves industrial and commercial users of electronic components and enterprise computing solutions. NEXT Biometrics Group ASA is headquartered in Oslo, Norway.

Details
Name: NEXT Biometrics Group ASA
NEXTO
Exchange: BATS-CHIXE
Founded:
NOK72,810,255
42,930,575
Website: http://www.nextbiometrics.com
Address: NEXT Biometrics Group ASA
Universitetsgata 10,
Oslo,
Oslo, 0164,
Norway
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OB NEXT Ordinary Shares Oslo Bors NO NOK 10. Oct 2013
OTCPK NXTB.F Ordinary Shares Pink Sheets LLC US USD 10. Oct 2013
LSE 0QWK Ordinary Shares London Stock Exchange GB NOK 10. Oct 2013
OTCNO NEXT Ordinary Shares Norway OTC NO NOK 10. Oct 2013
BATS-CHIXE NEXTO Ordinary Shares BATS 'Chi-X Europe' GB NOK 10. Oct 2013
Number of employees
Current staff
Staff numbers
90
NEXT Biometrics Group employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 21:00
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2019/04/29
Last earnings filing: 2020/02/26
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.