Irisity
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Irisity (IRIS) investor relations material

Irisity Status Update summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Status Update summary6 Nov, 2025

Market overview and positioning

  • Video surveillance market valued at SEK 24 billion in 2023, growing at 8.5% CAGR; standalone video analytics segment expected to grow at 13.6% CAGR to SEK 1.6 billion by 2028.

  • Hybrid solutions dominate, requiring both cloud and on-premise deployments; subscription models are key for both.

  • Strong integration with major video management system partners like Genetec and Milestone, enhancing reach and scalability.

  • Key growth sectors include city surveillance, transportation, healthcare, and education, with over 50% of revenue from existing customers.

  • Large installed customer base and strong partner network support market penetration.

Strategic transformation and operational efficiency

  • Cost reduction program targets SEK 40 million in annualized savings, mainly from personnel costs, with full impact expected by Q1 2026.

  • R&D operations consolidated in Gothenburg and Budapest for efficiency; knowledge transfer from Israel ensures platform continuity.

  • Streamlined management structure and centralized leadership to align costs with revenue.

  • Focus on recurring revenue and partner-first market approach to drive profitability and reduce direct sales costs.

Revenue model and financial update

  • Annual recurring revenue at SEK 48 million, with a target of SEK 60 million by 2026.

  • Three main recurring revenue streams: SaaS for central monitoring, security as a service, and software upgrade plans.

  • Rights issue of SEK 26.1 million launched, fully secured by commitments and guarantees; proceeds to support market expansion and working capital.

  • Share price at SEK 0.18 in October 2024, with analyst upside targets up to SEK 0.70; company trades at a discount to AI SaaS peers.

How is IP knowledge retained after R&D consolidation?
How does new revenue recognition affect 2025 outlook?
Quantify expected cost savings from partner-first strategy
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Next Irisity earnings date

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Q4 202525 Mar, 2026
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Frequently asked questions

Irisity provides AI-powered video analytics solutions that enables organizations to automatically detect, interpret and understand human behavior in video. The company focus on providing tools to improve the performance of frontline staff across various industries such as retail, sports, finance, transportation and public space. The company's patented AI-driven technologies are used to provide support where it is most needed and help make people more efficient, informed and safe.

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