FPC to Issue Year-End Report Feb. 4th

Fingerprint Cards is planning to issue its year-end report for 2015 on February 4th, the company has announced. That same day, at 15:00 CET, the company’s CEO, Jörgen Lantto, together with its CFO, Johan Wilsby, will host a conference call to discuss the company’s results.

The tone is likely to be celebratory. The past year has been an extremely fruitful one for FPC, with the company seeing its Q3 revenues rise an astonishing 1,358 percent over Q3 of 2014, and profits of SEK 302.2 million, or roughly $35 million USD; indeed, the company’s stock turned out to be the best-performing in Europe for the year. Looking ahead to 2016, FPC issued a revenue guidance of somewhere between 6500 and 8500 MSEK.

Much of FPC’s success can be credited to a booming market for smartphone fingerprint sensors, with company having become a top supplier of biometric sensor technology to a range of major smartphone OEMs. While that market’s growth is expected to continue—along with FPC’s revenues from it—the company has lately been looking beyond the smartphone sector, having recently announced plans to explore the automotive applications of its technology.

Of course, it’s too early to say what those future endeavors will bring, but with its 2015 year-end report, the company and its shareholders should have much to celebrate.

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January 21, 2016 – by Alex Perala

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