Fingerprint Cards AB (publ) (FGRRF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Fingerprint Cards AB (publ) (FGRRF) trades at $2.00 with AI Score 50/100 (Grade B). Fingerprint Cards AB (publ) specializes in biometric hardware and software, offering advanced fingerprint sensors, algorithms, and development tools for diverse applications including mobile, PC, smart cards, and IoT. Market cap: $15.17M, Sector: Technology.
Price live · AI analysis from Jun 15, 2026Analyst Coverage for FGRRF: FGRRF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FGRRF against Technology peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
FGRRF: the 1 perspectives are evenly split.
How is this calculated? →Fingerprint Cards AB (publ) (FGRRF) Technology Profile & Competitive Position
Fingerprint Cards AB (publ) is a Swedish technology firm specializing in biometric hardware and software, providing advanced fingerprint sensors, algorithms, and development tools for diverse applications including mobile, PC, smart cards, and IoT. The company maintains a global distribution network, serving international clientele with its secure verification solutions.
What Is the Investment Thesis for FGRRF?
Fingerprint Cards AB (publ) operates within the expanding global biometric security market, driven by increasing demand for secure authentication across various devices and platforms. The company's comprehensive suite of biometric hardware and software, including advanced sensors and algorithms, positions it to capitalize on this trend in diverse applications such as mobile, PC, smart cards, automotive, and IoT. While the company demonstrates operational efficiency with a gross margin of 53.1%, it currently faces profitability challenges, evidenced by a profit margin of -152.4% and a market capitalization of $15.17M. The increasing global adoption of biometric security measures represents a significant tailwind for Fingerprint Cards. However, its listing on the OTC Other tier introduces potential risks related to lower liquidity and varying reporting standards, necessitating close monitoring of its market share retention amidst competitive pressures and its financial performance trajectory.
Based on FMP financials and quantitative analysis
FGRRF Key Highlights
- Market Capitalization: $0.02 billion, reflecting its current valuation within the technology sector.
- Profit Margin: -152.4%, indicating significant current unprofitability relative to its revenue.
- Gross Margin: 53.1%, demonstrating a strong margin on its core product sales before operating expenses.
- Beta: 1.40, suggesting higher volatility compared to the broader market.
- Employees: 40, a relatively small workforce for a global technology company, indicating a lean operational structure.
Who Are FGRRF's Competitors?
FGRRF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| NTTDF NTT DATA Corporation | $27.40 | +0.00% | $38.43B | — |
| KGBLY Kingboard Laminates Holdings Limited | $214.10 | +0.00% | $26.99B | 49 |
| PCRFY Panasonic Holdings Corporation | $9.36 | -1.27% | $21.85B | 48 |
| KAKZF Joint Stock Company Kaspi.kz | $97.10 | +4.97% | $20.68B | 62 |
| MNBEY MINEBEA MITSUMI Inc. | $38.18 | +0.00% | $7.75B | — |
| MDA Macdonald Dettwiler & Associate | $42.11 | +3.34% | 6B | 66 |
| WATT Energous Corporation | $19.29 | -19.93% | $28.65M | 65 |
| SELX Selecta Biosciences, Inc. | $0.34 | +580.00% | $12.78M | 64 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FGRRF's Key Strengths?
- Specialized expertise in biometric hardware and software, including advanced sensors and algorithms.
- Diverse application portfolio spanning mobile, PC, access control, payment cards, automotive, and IoT.
- Established global distribution network reaching multiple continents.
- High gross margin of 53.1% on its core product sales.
- Long operational history since its founding in 1971.
What Are FGRRF's Weaknesses?
- Significant negative profit margin of -152.4%, indicating current unprofitability.
- Relatively small market capitalization of $15.17M.
- Listing on the OTC Other tier, which can imply lower liquidity and reporting standards.
- Limited employee base of 40, potentially impacting scalability and resource allocation.
- High beta of 1.40, suggesting above-average stock price volatility.
What Could Drive FGRRF Stock Higher?
- New product launches in the biometric payment card segment, potentially driving increased adoption and market share.
- Increased integration of Fingerprint Cards' biometric solutions within the automotive sector for enhanced security and user experience.
- Expansion of its biometric security offerings into new applications within the rapidly growing Internet of Things (IoT) landscape.
- Sustained global demand for advanced biometric authentication solutions across mobile and PC markets.
- Strategic partnerships with device manufacturers or system integrators to broaden market reach and product integration.
What Are the Key Risks for FGRRF?
- Financial-distress signal — its Altman Z-Score of 1.65 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-45.7%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Intense competition within the global biometric market, potentially impacting market share and pricing power.
- Persistent negative profit margin of -152.4%, raising concerns about long-term financial sustainability without improved profitability.
- Challenges associated with its OTC Other listing, including lower liquidity, limited disclosure, and investor perception.
- Rapid technological advancements by competitors or shifts in industry standards that could render existing solutions less competitive.
- Economic downturns or supply chain disruptions that could adversely affect demand for consumer electronics, automotive, and other target markets.
What Are the Growth Opportunities for FGRRF?
- Growth opportunity 1: Expansion in Biometric Payment Cards. The market for biometric payment cards is poised for substantial growth as consumers and financial institutions seek enhanced security and convenience. Fingerprint Cards' expertise in advanced sensors and algorithms positions it to capture a significant share of this emerging market. These cards integrate fingerprint authentication directly onto the card, eliminating the need for PINs or signatures, thereby streamlining transactions and reducing fraud. The global push towards contactless payments further accelerates the adoption of this technology, presenting a multi-billion dollar market opportunity over the next five to ten years as card issuers upgrade their portfolios.
- Growth opportunity 2: Automotive Sector Integration. The automotive industry is increasingly incorporating biometric technology for secure access, ignition, and personalized in-car experiences. Fingerprint Cards can leverage its biometric solutions to provide robust authentication for vehicle entry, engine start, and driver identification, enabling customized settings for seats, mirrors, and infotainment. This represents a significant growth avenue as car manufacturers prioritize security and user experience. The market for automotive biometrics is projected to grow substantially, with widespread adoption expected within the next decade as vehicles become more connected and autonomous, creating a new revenue stream for the company.
- Growth opportunity 3: Internet of Things (IoT) Security. As the Internet of Things expands, securing connected devices becomes paramount. Fingerprint Cards' biometric solutions can provide critical authentication layers for a vast array of IoT devices, from smart home appliances and industrial sensors to wearables and smart city infrastructure. Implementing fingerprint authentication enhances data privacy and device integrity, addressing a key concern for consumers and businesses alike. The sheer volume and diversity of IoT devices present a massive, long-term market opportunity for biometric security, with continuous demand for robust and user-friendly authentication methods.
- Growth opportunity 4: Continued Penetration in PC and Mobile Device Markets. Despite the maturity of these markets, there remains ongoing demand for advanced and more secure biometric solutions in smartphones, tablets, and personal computers. Fingerprint Cards can continue to innovate its sensor technology and algorithms to offer faster, more reliable, and more integrated solutions, maintaining or expanding its market share. As new device models are released and security standards evolve, there is a consistent cycle of upgrades and new integrations. This segment, while competitive, offers a stable and substantial market for the company's core biometric offerings, driven by consumer expectations for seamless and secure device access.
- Growth opportunity 5: Development Tools and Software Licensing. Beyond direct hardware sales, Fingerprint Cards can significantly grow its revenue through the provision of development tools and the licensing of its proprietary biometric software and algorithms. By offering comprehensive kits and intellectual property licenses, the company enables other manufacturers and developers to integrate its technology into their products more easily. This model creates recurring revenue streams and expands the reach of Fingerprint Cards' technology without requiring direct hardware sales in every instance. The market for embedded software and development ecosystems is robust, offering a scalable growth opportunity as more companies seek to incorporate biometric capabilities into their diverse product portfolios.
What Opportunities Does FGRRF Have?
- Growing global demand for biometric security measures across various industries.
- Expansion into emerging markets such as biometric payment cards and automotive integration.
- Increased adoption of secure authentication solutions in the rapidly expanding Internet of Things (IoT) sector.
- Leveraging its development tools and software licensing to create additional revenue streams and ecosystem partnerships.
- Potential for technological advancements to capture new market segments or enhance existing product lines.
What Threats Does FGRRF Face?
- Intense competition from larger, more diversified technology companies and other specialized biometric firms.
- Rapid technological obsolescence requiring continuous R&D investment to remain competitive.
- Potential for regulatory changes or data privacy concerns impacting biometric data usage.
- Challenges associated with its OTC Other listing, including investor perception and access to capital.
- Economic downturns or supply chain disruptions affecting the consumer electronics and automotive industries.
What Are FGRRF's Competitive Advantages?
- Specialized expertise in biometric hardware and software, including advanced sensors and algorithms.
- A diverse portfolio of applications spanning mobile, PC, access control, payment cards, automotive, and IoT.
- Established global distribution network through authorized distributors and resellers.
- Long operational history since its founding in 1971, indicating accumulated industry experience.
- Proprietary technology and intellectual property in biometric verification solutions.
What Does FGRRF Do?
Founded in 1971 and headquartered in Gothenburg, Sweden, Fingerprint Cards AB (publ) has evolved into a specialist in the creation, production, and commercialization of biometric hardware and software. The company's core offerings encompass sophisticated biometric solutions, including advanced sensors, intricate algorithms, dedicated software, and innovative packaging methodologies. These biometric verification solutions are designed for a vast array of applications across multiple sectors. Key areas of deployment include mobile devices such as smartphones and tablets, personal computers, and secure access mechanisms, which span smart cards, door locks, and authentication keys. Furthermore, Fingerprint Cards extends its reach into the burgeoning markets of payment cards, applications within the automotive sector, and the expansive Internet of Things (IoT) landscape. Beyond its primary biometric products, the company also supplies a variety of development tools, crucial for supporting software creation and manufacturing processes within its ecosystem. Fingerprint Cards operates with a global distribution strategy, leveraging a well-established network of authorized distributors and resellers to reach its diverse international clientele. This client base spans numerous geographical regions, including Sweden, Asia, North and South America, Europe, the Middle East, and the African continent, underscoring the company's broad market presence and commitment to global biometric security solutions.
What Products and Services Does FGRRF Offer?
- Design and produce biometric hardware, including advanced sensors.
- Develop intricate biometric algorithms and dedicated software for authentication.
- Offer comprehensive biometric verification solutions for mobile devices like smartphones and tablets.
- Provide secure access mechanisms for personal computers, smart cards, door locks, and authentication keys.
- Supply biometric solutions tailored for payment cards, enhancing transaction security.
- Integrate biometric technology into the automotive sector for various applications.
- Extend biometric security solutions to the expansive Internet of Things (IoT) landscape.
- Furnish a variety of development tools to support software creation and manufacturing processes for its technology.
How Does FGRRF Make Money?
- Generates revenue through the sale of its proprietary biometric hardware, primarily advanced fingerprint sensors.
- Licenses its intricate biometric algorithms and dedicated software to device manufacturers and integrators.
- Sells development tools to support the integration and manufacturing processes of its biometric solutions.
- Distributes products globally via an established network of authorized distributors and resellers.
- Serves a diverse international clientele across various sectors, including mobile, PC, access control, payment, automotive, and IoT.
What Industry Does FGRRF Operate In?
Fingerprint Cards AB (publ) operates within the dynamic and rapidly evolving technology sector, specifically within the hardware, equipment, and parts industry, with a strong focus on biometric solutions. The global biometric market is experiencing significant growth, fueled by the increasing need for enhanced security and convenient authentication methods across consumer electronics, enterprise solutions, and emerging applications. Fingerprint Cards positions itself as a specialized provider of biometric hardware and software, offering comprehensive solutions from advanced sensors to algorithms and development tools. The company's fit within this landscape is as a niche player, providing critical components and software that enable biometric functionality in a wide array of devices. The competitive landscape is characterized by both large diversified technology conglomerates and specialized biometric firms, all vying for market share in various segments. The increasing global adoption of biometric security measures, as highlighted by industry trends, provides a foundational growth driver for companies like Fingerprint Cards.
Who Are FGRRF's Key Customers?
- Mobile device manufacturers (smartphones, tablets).
- Personal computer manufacturers.
- Manufacturers of secure access mechanisms (smart cards, door locks, authentication keys).
- Payment card issuers and manufacturers.
- Partners within the automotive industry.
- Developers and manufacturers of Internet of Things (IoT) devices.
- A diverse international clientele spanning Sweden, Asia, North and South America, Europe, the Middle East, and Africa.
How Fingerprint Cards AB (publ) Is Valued
Fingerprint Cards AB (publ) carries a market capitalization of $15.17M, placing it in the micro-cap category. Relative to its peer group, FGRRF's quantitative score of 50/100 is roughly in line with the peer average of 53/100.
Company Profile
Fingerprint Cards AB (publ) operates in the Hardware, Equipment & Parts industry within the Technology sector. It is headquartered in Gothenburg, SE. The company is led by CEO Adam Philpott. FGRRF has traded publicly since 2013.
ROE -46%Key Financial Metrics
Return on equity for Fingerprint Cards AB (publ) stands at -45.7%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -51.1%, showing how much profit it generates from its asset base. Its free cash flow yield is -24.1%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.92 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -96.3%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 2/9Financial Health
Fingerprint Cards AB (publ)'s Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 1.65 places it in the distress zone, a signal of elevated financial risk.
FY2026 estForward Outlook
Wall Street analysts project Fingerprint Cards AB (publ) revenue of about $102.6M for fiscal 2026, with EPS near $-2.99.
FGRRF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests those in the know see value, a potential confidence booster for the stock.
- The community seems to be buzzing about potential new partnerships, which could significantly expand their market reach.
- There's a growing belief that the market is undervaluing their core technology, creating a buying opportunity.
- Positive sentiment around the company's long-term growth prospects is building, indicating faith in their future trajectory.
Bear Case
- Some insiders are selling shares, which, while not always negative, can create uncertainty among investors.
- The community is expressing concerns about increasing competition in the biometric space, potentially squeezing margins.
- There's a perception that the company's growth has plateaued, leading to questions about its ability to innovate.
- Negative market perception due to recent regulatory changes in key markets is weighing on the stock.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
FGRRF Latest News
No recent news available for FGRRF.
FGRRF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FGRRF.
Price Targets
Wall Street price target analysis for FGRRF.
FGRRF MoonshotScore
What does this score mean?
The MoonshotScore rates FGRRF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Classification
Industry Hardware, Equipment & PartsLeadership: Adam Philpott
CEO
Unknown. The provided information indicates Adam Philpott manages 40 employees at Fingerprint Cards AB (publ). Specific details regarding his career history, educational background, or previous roles are not available in the source data.
Track Record: Unknown. Key achievements, strategic decisions, or company milestones specifically attributed to Adam Philpott's leadership are not detailed in the provided information.
FGRRF OTC Market Information
Fingerprint Cards AB (publ) trades on the OTC Other tier, which is the lowest tier of the OTC Markets Group. Companies on this tier typically do not meet the minimum financial standards or disclosure requirements of higher tiers like OTCQX or OTCQB, nor do they generally file reports with the U.S. Securities and Exchange Commission (SEC). This tier is characterized by companies that provide limited or no public information, making it challenging for investors to conduct thorough due diligence. It often includes shell companies, defunct companies, or those with minimal operations, distinguishing it significantly from major exchanges like NYSE or NASDAQ, which have stringent listing and reporting rules.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Lower liquidity and wider bid-ask spreads, making it difficult to execute trades efficiently.
- Limited or unknown public disclosure, hindering comprehensive due diligence and transparency.
- Increased price volatility due to lower trading volume and fewer market participants.
- Potential for market manipulation or fraud due to less stringent oversight.
- Difficulty in obtaining accurate and timely financial information for informed decision-making.
- Verify any available financial statements, even if unaudited, for consistency and trends.
- Research recent news and press releases from reliable sources to understand current operations.
- Thoroughly understand the company's business model, products, and market position.
- Assess the background and track record of management, if information is available.
- Review historical trading volume and price patterns to gauge liquidity.
- Investigate any regulatory actions or legal proceedings involving the company.
- Consult independent research or financial professionals familiar with OTC markets.
- Established founding date in 1971, indicating a long operational history.
- Specific and detailed business description focusing on specialized biometric hardware and software.
- Clearly stated headquarters in Gothenburg, Sweden.
- Identified global distribution network through authorized distributors and resellers.
- Provision of development tools, suggesting an active product ecosystem.
What Investors Ask About Fingerprint Cards AB (publ) (FGRRF) — Technology
How does Fingerprint Cards AB (publ) generate revenue from its technology products?
Fingerprint Cards AB (publ) primarily generates revenue through a multi-faceted approach centered on its specialized biometric technology. The core revenue streams include the sale of its proprietary biometric hardware, most notably advanced fingerprint sensors, to device manufacturers across various sectors. Additionally, the company licenses its intricate biometric algorithms and dedicated software, allowing other companies to integrate Fingerprint Cards' technology into their products. This licensing model can provide recurring revenue. The firm also sells a variety of development tools, which are essential for supporting software creation and manufacturing processes for products incorporating their biometrics. These products and licenses are distributed globally via an established network of authorized distributors and resellers, serving a diverse international clientele.
What are the primary growth drivers for Fingerprint Cards AB (publ) in the biometric market?
The primary growth drivers for Fingerprint Cards AB (publ) are rooted in the increasing global demand for secure and convenient authentication across multiple expanding markets. Key drivers include the significant growth in biometric payment cards, where the company's technology enables secure, PIN-free transactions. Another major catalyst is the increasing integration of biometrics within the automotive sector for secure access, ignition, and personalized driver experiences. The expansive Internet of Things (IoT) market also presents a substantial opportunity, as more connected devices require robust authentication. Furthermore, the company continues to benefit from ongoing demand for advanced biometric solutions in its established mobile device and personal computer markets, driven by continuous upgrades and enhanced security requirements.
What are the implications of Fingerprint Cards AB (publ) trading on the OTC Other tier for investors?
For investors, Fingerprint Cards AB (publ)'s listing on the OTC Other tier carries several implications. This tier is characterized by lower liquidity, meaning it can be more challenging to buy or sell shares quickly without impacting the price. Investors may encounter wider bid-ask spreads, which can increase transaction costs. Furthermore, companies on the OTC Other tier often have limited or unknown public disclosure, making it difficult to access comprehensive and timely financial information for thorough due diligence. This lack of transparency can lead to higher investment risk, increased price volatility, and a greater need for independent research and verification of company information, as regulatory oversight is less stringent compared to major stock exchanges.
What are the key factors to evaluate for FGRRF?
Fingerprint Cards AB (publ) (FGRRF) holds an AI score of 50/100 (moderate). Not financial advice.
How frequently does FGRRF data refresh on this page?
FGRRF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven FGRRF's recent stock price performance?
Fingerprint Cards AB (publ) (FGRRF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Specialized expertise in biometric hardware and software, including advanced sensors and algorithms. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider FGRRF overvalued or undervalued right now?
Valuing Fingerprint Cards AB (publ) (FGRRF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying FGRRF?
Before investing in Fingerprint Cards AB (publ) (FGRRF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Differentiation notes for competitors are general due to limited source data on their specific overlap with Fingerprint Cards AB (publ)'s biometric offerings.
- CEO background and track record are stated as 'Unknown' based on the provided data.
- Specific timelines for growth opportunities are inferred based on general market trends and industry projections.