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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.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.
- TimeTickerHeadlineOpen
- 6 FebPROV
Q2 FY2026 net income rose 65% year-over-year, with higher margins and strong credit quality. - 6 FebNVDA
AI-driven digital twins and accelerated computing are set to revolutionize industrial design and manufacturing. - 6 FebCDP
2025 FFO/share rose 5.8% to $2.72, with strong leasing and investment; 2026 guidance signals more growth. - 6 FebPECO
2026 FFO per share growth guided at 5.5% with record occupancy and robust acquisitions. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRI
Net loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high. - 6 FebCRI
Net loss deepened on lower sales and higher costs, but major new contracts and restructuring are underway. - 6 FebEMBASSY
Record revenue, NOI, and distributions highlight strong growth and robust segment performance. - 6 FebCRI
Revenue fell and losses deepened, but ESA contracts and R&D projects drive future prospects. - 6 FebTUPRS
Net income reached TRY 29.5 billion, with strong dividends and a robust net cash position.
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Next Irisity earnings date
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