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Trades about 117% below its sector, cheaper than its peers on earnings.
IDEX Biometrics ASA specializes in developing, manufacturing, and selling advanced fingerprint identification systems. The company's reach extends across Europe, the Middle East, Africa, the Americas, and the Asia-Pacific regions. Their biometric technologies are primarily integrated into secure contactless financial payment systems, access control solutions, various types of smart cards, and specialized card devices for storing digital currencies. IDEX Biometrics ASA principally serves companies that produce smart cards for financial transactions and the expanding market for biometric payment cards. Founded in 1996, the firm's main office is located in Oslo, Norway.
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Market cap is shares times price. A simple formula that produces wildly unequal numbers: a single US tech name can be worth more than every company on a LATAM exchange combined.
