IDEX Corporation (IEX) shares rallied 7.3% in the last trading session to close at $173.80. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 12.4% loss over the past four weeks.IDEX’s rally is largely driven by optimism over its strong momentum in the intelligent water business. The Trump administration’s announcement of a temporary halt on reciprocal tariffs for most countries has also supported the stock’s u ...

IDEX Corporation (IEX) is benefiting from solid momentum in the Fluid & Metering Technologies segment. Persistent strength in the intelligent water business, driven by solid demand in the North American municipal market, bodes well for the segment. The segment’s organic revenues increased 3% on a year-over-year basis in the fourth quarter of 2024. Driven by the favorable trend in its business, the company anticipates overall organic revenues to increase 1-3% year over year in 2025.The company intends to str ...

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS STOCK EXCHANGE ANNOUNCEMENT. Oslo, Norway – 31 March 2025 - Reference is made to the stock exchange announcements from IDEX Biometrics ASA (the "Compan ...

IDEX Biometrics ASA will hold an extraordinary general meeting (“EGM”) on Friday 11 April 2025 at 12.00 CET as an online meeting.  Reference is made to the announcement by IDEX Biometrics ASA (the "Company") on 11 March 2025 regarding the loan financing of NOK 30 million secured, proposed debt conversion, and amendment of Convertible Bond. The EGM-notice and the interim statement of financial position are attached. Shareholders may attend online by PC, smartphone or tablet. There is no physical attendance o ...

IDEX Corporation (IEX) is poised to benefit from strength in the Fluid & Metering Technologies segment. Strong momentum in the intelligent water business, driven by continued strength in the North American municipal market and rising governmental funding to support ongoing investments, bodes well for the segment. The segment’s organic revenues increased 3% on a year-over-year basis in the fourth quarter of 2024. The company expects overall organic revenues to increase 1-3% year over year in 2025.The company ...

Group 1 - IDEX Biometrics has received a production order valued at approximately USD 50,000 from Beautiful Card Corporation for a biometric payment card program in the Japanese market [1] - Beautiful Card Corporation is positioned as a leader in the biometric smart card sector, focusing on payment and access cards globally [2] - IDEX Biometrics specializes in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity, leveraging patented technologies [3] Group 2 - The announcement was made in compliance with the EU Market Abuse Regulation and the Norwegian Securities Trading Act [5]

Core Viewpoint - IDEX Biometrics ASA has announced the commencement of the exercise period for Warrants A, allowing holders to subscribe for new shares at a price of NOK 0.15, with the exercise period running from 28 February 2025 to 13 March 2025 [2][3]. Company Information - IDEX Biometrics ASA is a global technology leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [6]. - The company's biometric solutions are built on patented sensor technologies and target card-based applications for payments and digital authentication [6]. - IDEX Biometrics partners with leading card manufacturers and technology companies to bring its solutions to market [6]. Warrant Details - Each Warrant A allows the holder to subscribe for one new share at a subscription price of NOK 0.15, with unexercised Warrants A lapsing without compensation [3]. - The exercise procedure requires the submission of a completed exercise form and payment of the aggregate subscription price for the new shares [4]. - Warrants B will have a separate exercise period from 31 March 2025 to 11 April 2025 [3].

Financial Performance - For the year ended December 31, 2024, Fluid & Metering Technologies (FMT) contributed 38% to net sales and 42% to Adjusted EBITDA, consistent with 2023 figures[18]. - Health & Science Technologies (HST) accounted for 39% of net sales and 36% of Adjusted EBITDA in 2024, compared to 40% and 37% respectively in 2023[18]. - Fire & Safety/Diversified Products (FSDP) represented 23% of net sales and 22% of Adjusted EBITDA in 2024, slightly up from 22% and 21% in 2023[18]. - In 2024, the company reported net sales of $3,268.8 million, flat overall and down 2% organically compared to 2023[145]. - Diluted earnings per share (EPS) attributable to the company were $6.64, down 15% from $7.85 in 2023[148]. - Adjusted EBITDA for 2024 was reported at $874.3 million, compared to $899.6 million in 2023, indicating a decrease in operational performance[195]. - Adjusted net income attributable to IDEX for 2024 was $598.5 million, a decrease from $623.6 million in 2023[194]. - The net income margin for 2024 was 15.4%, compared to 18.2% in 2023, reflecting a decline in profitability[195]. Acquisitions and Growth Strategy - The company acquired Mott Corporation in September 2024, enhancing its capabilities in fluidic applications across various markets[30]. - The company aims to continue developing new products to drive organic growth, as failure to do so could limit sales growth[77]. - The growth strategy includes acquisitions to expand into new markets and enhance positions in existing markets[78]. - The acquisition of Mott Corporation occurred within the twelve months ended December 31, 2024, contributing approximately 8% to total assets and 2% to net sales of the consolidated financial statements[210]. Operational Efficiency and Corporate Strategy - IDEX's diverse business segments focus on organic growth, strategic acquisitions, and capital allocation priorities to improve operational efficiency[16]. - The company emphasizes the importance of its reporting units as leaders in their respective markets, contributing to strong financial performance[19]. - IDEX maintains a philosophy of "The IDEX Difference," focusing on customer service and operational excellence across its subsidiaries[15]. Employee Engagement and Workforce - The company reported a stable employee engagement index of 81%, which is above the manufacturing industry average, reflecting a positive work environment[58]. - Approximately 4% of the company's 9,000 employees are covered by collective bargaining agreements, with no agreements expiring in 2025, suggesting stable labor relations[51]. - 78% of employees feel a strong sense of belonging according to the 2024 employee engagement survey[61]. - The company invests in employee development, offering a Tuition Reimbursement program that covers up to $5,250 per year for eligible U.S. employees[56]. - The company maintains a diverse workforce, with a focus on fostering a culture of inclusion and innovation, which is foundational to its business strategy[59]. - The company offers competitive pay and benefits, including performance-based pay packages and equity-based long-term incentives for senior leaders[62]. Financial Position and Capital Management - The Company maintains a Credit Agreement with a revolving credit facility of $800 million, which may be adversely affected by significant increases in interest rates[102]. - The company maintained a current ratio of 2.5 to 1 and had cash and cash equivalents of $620.8 million as of December 31, 2024[166]. - The company was in compliance with financial covenants, with an interest coverage ratio of 16.09 to 1 and a leverage ratio of 2.20 to 1[178]. - The quarterly cash dividend increased by 8% from $0.64 to $0.69 per share, with total dividend payments rising to $205.3 million in 2024[177]. Risks and Challenges - The company faces risks related to competition, which could reduce sales and profit margins[81]. - The availability and pricing of raw materials and components are critical, with potential adverse effects on financial condition[82]. - Cybersecurity threats and data privacy laws are increasing, requiring the company to strengthen compliance and information security measures[84]. - The company has experienced a rise in cyberattacks targeting confidential business information, particularly in the manufacturing industry[85]. - Increased public awareness regarding environmental risks may lead to new regulations that could increase the Company's expenses and adversely affect its operating results[90]. - The Company faces risks related to catastrophic weather events and public health threats, which could disrupt operations and negatively impact financial results[95][96]. - The unpredictability of cybersecurity risks may result in material adverse effects on the Company's financial condition[87]. - The Company may face legal and regulatory challenges related to intellectual property, which could adversely impact its competitive position and financial condition[106]. Internal Controls and Reporting - Internal control over financial reporting is designed to provide reasonable assurance regarding the reliability of financial reporting[213]. - The company's management is responsible for maintaining effective internal control over financial reporting[211]. - Limitations exist in internal control over financial reporting, which may not prevent or detect misstatements[214]. - The audit report expressed an unqualified opinion on the financial statements for the year ended December 31, 2024[209].

Core Insights - BAE Systems' Amphibious Combat Vehicle (ACV) is debuting at the International Defence Exhibition and Conference (IDEX) 2025 in the UAE, marking a significant step towards international expansion [1][2] - The ACV is designed for versatility in rugged terrains, enhancing operational effectiveness for military forces globally [2] - The vehicle is currently in full-rate production in the U.S. and is tailored to meet the unique requirements of modern expeditionary warfare [4] Product Features - The ACV is an 8x8 platform that combines open-ocean amphibious capability with land mobility, suitable for various military mission roles [2] - The ACV family includes four variants: ACV-P (Personnel), ACV-C (Command), ACV-30mm (armed variant), and ACV-R (Recovery) [3][6] - The ACV enhances Humanitarian Assistance Disaster Relief efforts by navigating challenging environments to deliver supplies and personnel [3] Strategic Partnerships - BAE Systems has leveraged its partnership with the U.S. Marine Corps to design the ACV, ensuring it meets modern warfare requirements [2] - The collaboration with Iveco Defence Vehicles contributes to the ACV's multi-purpose armored vehicle capabilities [2]

Core Viewpoint - Goodbridge Capital Corp. is proceeding with a private placement offering of up to 10 million subscription receipts at a price of $0.50 each, aiming for gross proceeds of up to $5 million, in connection with a proposed reverse take-over transaction with IDEX Metals Corp. [1][2] Group 1: Offering Details - The offering is part of a reverse take-over transaction where Goodbridge will acquire 100% of IDEX's Class A common shares through an amalgamation agreement [2] - Each subscription receipt will convert into an IDEX unit, which includes one IDEX share and half of an IDEX share purchase warrant, upon satisfaction of escrow release conditions [3] - The offering may also include an over-allotment option allowing the Co-Lead Agents to sell up to an additional 15% in subscription units [4] Group 2: Financial Terms - IDEX will pay the Agents a fee of up to 7.0% of the gross proceeds from the sale of subscription receipts, along with broker warrants equal to up to 7.0% of the total subscription receipts issued [5] - The net proceeds from the offering are intended for work programs related to IDEX's Freeze Project and Amie Project, as well as for working capital [7] Group 3: Regulatory and Closing Information - The offering is expected to close on or about March 4, 2025, subject to necessary regulatory and corporate approvals [8] - Proceeds from the offering will be held in escrow until all conditions are met, with a return of funds to subscription receipt holders if conditions are not satisfied within 60 days post-closing [9] Group 4: Company Background - IDEX Metals Corp. focuses on exploring high-value mineral assets in Idaho, with 15 exploration properties targeting base and precious metals [11] - Goodbridge Capital Corp. is designated as a Capital Pool Company and aims to identify and evaluate businesses for a qualifying transaction [12]