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News

Speed Identity AB 2022 Result

Speed Identity succesfully excel in European market with governmental clients in 16 countries and growing

Speed Identity AB continue investment into high quality biometric security technology. The company profitable growth of sales is over 100% in 2022 and the growth is six times in 6 years.

All R&D, design and manufacturing is made in Sweden. Export share is now over 80%.

 

(MSEK)Result
2020		Result
2021		Result
2022		Change
2021-22
Revenue net5272155+115%
Earnings before tax21598+550%
Balance of assets93110171+ 55%

 

Speed Identity AB 2021 Result

Speed Identity took the step into European market

Speed Identity AB investment into biometric security technology has been awarded by most demanding authorities in Europé. Growth is 40% 2021 and company trippled in 5 years.

 

(MSEK)Result
2019		Result
2020		Result
2021		Change
2020-21
Revenue net485272+40%
Earnings before tax13215+700%
Balance of assets6993110

 

Speed Identity AB 2019 Result

Speed Capture technology provides growing profitability for Speed Identity

(↑link to pdf-document↑)

Speed Identity AB has invested extensively in Research & Development into the market leading Speed Capture. The new generation of self service enrollment system  is delivering on highest biometric quality and highest in-service-performance. The  early roll-out of the latest technology engaged more than ten governmental customers within Europe

 

(MSEK)Result
2017		Result
2018		Result
2019		Change
2018-19
Revenue net40,144,548,4+9%
Earnings before tax3,26,813,7+101%
Earnings before tax (%)+8%+15%+28%
Solidity (%)26%46%62%
Balance of assets495569+25%

 

Annual Report for Speed Identity AB 2019 is revised  by EY and was approved by Annual meeting 2020-04-20.

 

Speed Identity AB 2018 Result

Speed Capture technology provides growing profitability for Speed Identity

Speed Identity AB has invested extensively in Research & Development in the market leading Speed Capture. The new generation of self service enrolment system is delivering on highest biometric quality and highest in-service-performance. The early roll-out of the new technology during 2018 engaged more than ten govermental customers within Europe.

 

(MSEK)Result
2016		Result
2017		Result
2018		Change
2017-18
Revenue net23,440,144,5+11%
Earnings before tax-11,93,26,8+115%
Earnings before tax (%)-51%+8%+15%+7% units
Solidity (%)29%26%46%+20% units
Balance of assets354955+12%

 

Annual Report for Speed Identity AB 2018 is revised and was approved by Annual meeting 2019-03-11.

 

Estonia awarded Speed Identity nationwide biometric security enrolment for Passport and ID

Estonia awarded Speed Identity nationwide biometric security enrolment for Passport and ID

Speed Identity was awarded by Estonia Police the nationwide enrolment considering:
– High quality biometrics
– Advanced and future proof technology
– Selfservice ability
– In service performance and reliability
– Total life cycle cost of ownership

Speed Identity is very hounored by winning this high profile contract in EU.

Speed Identity AB 2017 Result

NEW Speed Capture GENERATION provides growing profitability for Speed Identity.

Speed Identity AB has invested extensively in Research & Development in a TOTALLY NEW generation of self service enrolment system delivering on highest biometric quality and highest in-service-performance.

Investment period 2015-2017. Return on investment started during 2017.

 

(MSEK)Result 2016Result 2017Change 2016-17
Revenue net23,440,1+72%
Earnings before tax-11,93,2Profitable
Earnings before tax (%)-51%+8%+59% units
Balance of assets3549+40%

 

Annual Report for Speed Identity AB 2017 is revised and was approved by Annual meeting 2018-03-08.

State of the Art Biometric Service in Copenhagen

Speed Identity is providing Copenhagen with self-service Speed Capture Kiosk for application of Passport, ID-card and Drivers license. The service provides an attractive easy to use environment for the applicant while delivering highest biometric quality. The German TV channel ”Das Erste” regards the Copenhagen project as role model of leading public service.

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