Fingerprint Cards AB 2023 AR2
The report highlights Fingerprints' strategic transition in 2023, launching a Transformation Plan to optimize costs, improve profitability, and accelerate diversification from mobile sensor hardware to higher-margin areas like PC, Access, and Payment. While the Mobile product group faced intense price competition and unfavorable industry dynamics in the Asian market, the PC product group achieved a 63 percent revenue increase. Fingerprints also reached a milestone by shipping over one million sensor modules to the biometric payment card industry. Additionally, the company implemented a new functional organizational model and initiated a readiness project for the Corporate Sustainability Reporting Directive (CSRD), including a double materiality assessment.
Company: Fingerprint Cards AB
Sector: Information Technology
Country: Sweden
Year: 2023
Type: AR2
Pages: 92
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Fingerprint Cards AB
Annual Report
The report highlights Fingerprints' strategic transition in 2023, launching a Transformation Plan to optimize costs, improve profitability, and accelerate diversification from mobile sensor hardware to higher-margin areas like PC, Access, and Payment. While the Mobile product group faced intense price competition and unfavorable industry dynamics in the Asian market, the PC product group achieved a 63 percent revenue increase. Fingerprints also reached a milestone by shipping over one million sensor modules to the biometric payment card industry. Additionally, the company implemented a new functional organizational model and initiated a readiness project for the Corporate Sustainability Reporting Directive (CSRD), including a double materiality assessment.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Workplace Fatalities
Employees