IDEX Biometrics ASA Price & Performance (IDXAF)

IDEX Biometrics ASA shareholders passed all proposals at the extraordinary general meeting, including a share capital reduction and a consolidation of 100 shares into one, set for June 11, 2025. These measures aim to streamline the capital structure as the company continues its push in biometric authentication technologies.12

IDEX Biometrics’ stock remains highly volatile, with weekly swings reaching 37%, far exceeding the broader Norwegian market’s movement. Over the past year, shares have underperformed both the electronics sector and the overall market, reflecting ongoing challenges in scaling its biometric card business.34

Following the recent exercise of Warrants A, IDEX Biometrics has registered an increase in share capital, now totaling NOK 124.7 million. This move, alongside upcoming consolidation, signals continued restructuring efforts as the company seeks to stabilize finances and enhance its competitive position in digital identity solutions.56