Are there any notable changes in the company's balance sheet, such as cash position or debt levels?

Fundamental view: The interim‑report filing for the first half of 2025 is the primary source for any balance‑sheet movement at Fingerprint Cards (FING). While the press release does not spell out the numbers, analysts should pull the PDF and compare the cash‑and‑cash‑equivalents line with the end‑2024 figure and check the current portion of long‑term debt. In the most recent quarters the company has been ramping up production for its biometric modules, which historically has required a higher working‑capital outlay. If the report shows a material increase in cash (e.g., + 30‑40 % YoY) or a reduction in total debt, that would signal the firm is successfully financing the rollout without leaning heavily on external borrowing—a bullish sign for equity holders. Conversely, a deteriorating cash balance or a rise in net‑debt (especially if the debt‑to‑equity ratio moves above 0.5) would suggest tightening liquidity and could pressure the share price.

Trading implication: Should the balance sheet reveal a stronger cash position and lower leverage, traders could take a long‑biased stance, targeting the next resistance level around the mid‑€‑range (historical highs near €6.50) and placing a stop just below the recent swing low (≈ €5.70). If, however, the filing shows a cash squeeze or a debt buildup, a short‑or‑protective‑put play may be prudent, especially if the price is already testing a key technical resistance (≈ €6.20). In either case, monitor the subsequent earnings call for management commentary on cash burn rates and debt‑service plans, as those qualitative cues will help confirm whether the balance‑sheet changes are temporary financing needs or a longer‑term shift in the company’s financial health.