View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsIAR Systems Group 配当と自社株買い配当金 基準チェック /26IAR Systems Group配当を支払う会社であり、現在の利回りは0.83%で、収益によって十分にカバーされています。主要情報0.8%配当利回り2.8%バイバック利回り総株主利回り3.6%将来の配当利回り1.1%配当成長-11.0%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向27%最近の配当と自社株買いの更新お知らせ • Apr 29+ 1 more updateIAR Systems Group AB (publ) Proposes Ordinary Dividend for the Financial Year 2024, Payable on 6 May 2025IAR Systems Group AB (publ) at its Annual General Meeting held on 28 April 2025 resolved that SEK 1.50 per share shall be paid as ordinary dividend for the financial year 2024. The record date shall be 30 April 2025. The dividend is expected to be paid through Euroclear Sweden AB on 6 May 2025.お知らせ • Feb 26IAR Systems Group AB (publ) announces Annual dividend, payable on May 06, 2025IAR Systems Group AB (publ) announced Annual dividend of SEK 1.5000 per share payable on May 06, 2025, ex-date on April 29, 2025 and record date on April 30, 2025.お知らせ • Feb 11IAR Systems Group AB (publ) Proposes a DividendThe Board of IAR Systems Group AB (publ) proposed a dividend of SEK 1.5 per share.Upcoming Dividend • Apr 22Upcoming dividend of kr1.50 per shareEligible shareholders must have bought the stock before 26 April 2024. Payment date: 03 May 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.3%).Declared Dividend • Apr 07Dividend of kr1.50 announcedShareholders will receive a dividend of kr1.50. Ex-date: 26th April 2024 Payment date: 3rd May 2024 Dividend yield will be 13%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (20% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.Upcoming Dividend • Apr 20Upcoming dividend of kr1.50 per share at 1.3% yieldEligible shareholders must have bought the stock before 27 April 2023. Payment date: 04 May 2023. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.7%).すべての更新を表示Recent updatesお知らせ • Oct 16IAR Systems Group AB (publ)(OM:IAR B) dropped from OMX Nordic All-Share IndexIAR Systems Group AB (publ) has been dropped from the OMX Nordic All-Share Index.お知らせ • Aug 14IAR Systems Group AB (publ) to Report Fiscal Year 2025 Results on Feb 11, 2026IAR Systems Group AB (publ) announced that they will report fiscal year 2025 results on Feb 11, 2026お知らせ • Jul 04The Qt Company Ltd proposed to acquire IAR Systems Group AB (publ) (OM:IAR B) from ALCUR Fonder, Andra AP-fonden, Tredje AP-fonden, Fjärde AP-fonden, Aktia Nordic Small Cap Fund and Aktia Nordic Micro Cap Fund managed by Aktia Fund Management Company Ltd. and others for SEK 2.3 billion.The Qt Company Ltd proposed to acquire IAR Systems Group AB (publ) (OM:IAR B) from ALCUR Fonder, Andra AP-fonden, Tredje AP-fonden, Fjärde AP-fonden, Aktia Nordic Small Cap Fund and Aktia Nordic Micro Cap Fund managed by Aktia Fund Management Company Ltd. and others for SEK 2.3 billion on July 4, 2025. A cash consideration of SEK 2.3 billion valued at SEK 180 per share will be paid by The Qt Company Ltd. As part of consideration, SEK 2.3 billion is paid towards common equity of IAR Systems Group AB (publ). The transaction is subject to approval by regulatory board / committee, approval of merger agreement by target board, consummation of due diligence investigation and minimum tender. The deal has been unanimously approved by the board. The expected completion of the transaction is on or around September 25, 2025. Skandinaviska Enskilda Banken AB acted as financial advisor for IAR Systems Group AB. Setterwalls Advokatbyrå Ab acted as legal advisor for IAR Systems Group AB.お知らせ • Apr 29+ 1 more updateIAR Systems Group AB (publ) Proposes Ordinary Dividend for the Financial Year 2024, Payable on 6 May 2025IAR Systems Group AB (publ) at its Annual General Meeting held on 28 April 2025 resolved that SEK 1.50 per share shall be paid as ordinary dividend for the financial year 2024. The record date shall be 30 April 2025. The dividend is expected to be paid through Euroclear Sweden AB on 6 May 2025.お知らせ • Mar 31IAR Systems Group AB (publ), Annual General Meeting, Apr 28, 2025IAR Systems Group AB (publ), Annual General Meeting, Apr 28, 2025, at 14:00 W. Europe Standard Time. Location: at the companys premises, at strandbodgatan 1a , 75323, uppsala Swedenお知らせ • Mar 11IAR Premieres Cloud-Enabled Platform Offering for Modern Embedded Software Development TeamsIAR takes the stage at embedded world 2025 in Nuremberg, Germany, unveiling their brand-new cloud-enabled platform. The new platform gives embedded software developers maximum freedom and flexibility in their tool choice and daily use. IAR's highly scalable tools package contains the full product offering, including the powerful IAR Embedded Workbench with the proven IAR C/C++ Compiler and IAR Build tools, as well as various premium add-ons like the IAR C-STAT for static code analysis and IAR Embedded Trust for end-to-end security, along with the advanced C-SPY Debugger. With this comprehensive concept, IAR helps customers streamline their tool investment while equipping embedded development teams in automotive, medical, industrial automation, and other sectors with best-in-class tools tailored to their needs. Scale development operations with freedom and flexibility: Traditional licensing agreements often come with reduced flexibility for distributed development teams and limitations regarding supported architectures and processors, leading to additional costs. IAR's new platform offering promotes modern workflows in embedded software development by supporting distributed teams of varying sizes to collaborate on private, public, and hybrid cloud spaces. Developers gain maximum freedom in their choice of devices and silicon partners, enabling them to build single- and multi-core systems on Arm, RISC-V, and several other legacy architectures, without vendor lock-in. Simplify compliance & strengthen security: Additional flexibility is also provided when adapting to new and ever-evolving requirements. IAR's cloud-enabled offering includes tools for implementing functional safety and security features in applications according to standards such as MISRA, IEC, and ISO. These tools are built for developers looking to simplify the complexities of safety- and security-critical projects. With IAR's support, they can design safe and reliable software that is ready for strict industry-standard certifications. With its comprehensive tools offering packaged into a convenient cloud-ready subscription model, IAR empowers embedded software developers to improve their code's quality and performance and deploy their software faster. The seamless development workflows enabled by IAR's tools significantly increase efficiency, saving customers time and money and freeing up capacity for further innovation.お知らせ • Mar 01IAR Systems Group AB (publ) to Report Fiscal Year 2024 Final Results on Apr 04, 2025IAR Systems Group AB (publ) announced that they will report fiscal year 2024 final results at 12:00 PM, Central European Standard Time on Apr 04, 2025お知らせ • Feb 26IAR Systems Group AB (publ) announces Annual dividend, payable on May 06, 2025IAR Systems Group AB (publ) announced Annual dividend of SEK 1.5000 per share payable on May 06, 2025, ex-date on April 29, 2025 and record date on April 30, 2025.お知らせ • Feb 11IAR Systems Group AB (publ) Proposes a DividendThe Board of IAR Systems Group AB (publ) proposed a dividend of SEK 1.5 per share.Recent Insider Transactions • Oct 28Chief Executive Officer recently bought €54k worth of stockOn the 24th of October, Cecilia Wachtmeister bought around 5k shares on-market at roughly €10.72 per share. This transaction increased Cecilia's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Cecilia has been a buyer over the last 12 months, purchasing a net total of €83k worth in shares.Reported Earnings • Oct 25Third quarter 2024 earnings released: EPS: kr1.04 (vs kr1.03 in 3Q 2023)Third quarter 2024 results: EPS: kr1.04. Revenue: kr127.1m (up 2.9% from 3Q 2023). Net income: kr13.7m (down 2.1% from 3Q 2023). Profit margin: 11% (in line with 3Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany.お知らせ • Sep 03+ 3 more updatesIAR Systems Group AB (publ) to Report Q4, 2024 Results on Feb 11, 2025IAR Systems Group AB (publ) announced that they will report Q4, 2024 results on Feb 11, 2025Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: kr1.19 (vs kr0.45 in 2Q 2023)Second quarter 2024 results: EPS: kr1.19 (up from kr0.45 in 2Q 2023). Revenue: kr134.0m (up 13% from 2Q 2023). Net income: kr15.8m (up 159% from 2Q 2023). Profit margin: 12% (up from 5.1% in 2Q 2023). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.お知らせ • Jul 10+ 1 more updateIAR Systems Group AB (publ) Announces CEO ChangesIAR Systems Group AB (publ) announced that Cecilia Wachtmeister, who was appointed as the new CEO of I.A. R. Systems Group AB at the end of March, will officially assume the role on August 16. When Cecilia was recruited, it was communicated that she would take office by October 1 at the latest, with the hope of an earlier start date. Cecilia has been able to leave her previous position earlier than planned and will therefore assume the CEO role at IAR on August 16. Richard Lind will simultaneously leave his position but will be available to the company during the fall.Buy Or Sell Opportunity • Jul 01Now 21% undervaluedOver the last 90 days, the stock has risen 26% to €14.85. The fair value is estimated to be €18.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Jun 17Now 23% undervaluedOver the last 90 days, the stock has risen 23% to €14.70. The fair value is estimated to be €19.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • May 15Now 22% undervaluedOver the last 90 days, the stock has risen 17% to €13.65. The fair value is estimated to be €17.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: kr5.12 (vs kr0.47 in 1Q 2023)First quarter 2024 results: EPS: kr5.12 (up from kr0.47 in 1Q 2023). Revenue: kr130.0m (up 11% from 1Q 2023). Net income: kr69.0m (up kr62.6m from 1Q 2023). Profit margin: 53% (up from 5.5% in 1Q 2023). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Apr 22Upcoming dividend of kr1.50 per shareEligible shareholders must have bought the stock before 26 April 2024. Payment date: 03 May 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.3%).Reported Earnings • Apr 08Full year 2023 earnings released: kr16.84 loss per share (vs kr4.23 profit in FY 2022)Full year 2023 results: kr16.84 loss per share (down from kr4.23 profit in FY 2022). Revenue: kr494.2m (up 5.1% from FY 2022). Net loss: kr229.0m (down 496% from profit in FY 2022). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Declared Dividend • Apr 07Dividend of kr1.50 announcedShareholders will receive a dividend of kr1.50. Ex-date: 26th April 2024 Payment date: 3rd May 2024 Dividend yield will be 13%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (20% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.お知らせ • Mar 28I.A.R. Systems Group Appoints Cecilia Wachtmeister as CEO, Effective No Later Than October 1, 2024I.A.R. Systems Group has appointed Cecilia Wachtmeister as the new CEO, effective no later than October 1, 2024. Cecilia brings extensive industrial experience from executive roles in technology companies, with a focus on international sales. She holds an M.Sc in Industrial Engineering and Management, specializing in Electrical Engineering, and has completed a series of top executive programs at Ericsson, including the Ericsson Executive program at Stanford University. She joins the company from Kambi, where she served as Chief Commercial Officer. Cecilia has been a board member of IAR during the successful turnaround that has led the company to new growth and a turnover of SEK 459 million with strong profitability. She has been involved in the company's new strategic work and knows the company well, which also means a short ramp-up time.お知らせ • Feb 09+ 1 more updateIAR Systems Group AB (publ) Proposes Sales Guidance for the Year 2024IAR Systems Group AB (publ) proposed sales guidance for the year 2024. The Board's financial targets are for it's sales to grow 10%-15% annually in local currency and for the operating margin to exceed 25% over a business cycle.Reported Earnings • Feb 09Full year 2023 earnings released: kr16.84 loss per share (vs kr4.23 profit in FY 2022)Full year 2023 results: kr16.84 loss per share (down from kr4.23 profit in FY 2022). Revenue: kr496.9m (up 5.7% from FY 2022). Net loss: kr229.0m (down 496% from profit in FY 2022). Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Jan 19Now 20% undervaluedOver the last 90 days, the stock has risen 73% to €10.86. The fair value is estimated to be €13.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 5.7% in 2 years. Earnings are forecast to grow by 134% in the next 2 years.Buying Opportunity • Jan 17Now 21% undervaluedOver the last 90 days, the stock is up 73%. The fair value is estimated to be €14.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 5.7% in 2 years. Earnings is forecast to grow by 134% in the next 2 years.Valuation Update With 7 Day Price Move • Nov 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €9.37, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 28x in the Software industry in Germany. Total loss to shareholders of 33% over the past three years.Reported Earnings • Oct 27Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: kr124.6m (up 6.1% from 3Q 2022). Net income: kr14.0m (down 17% from 3Q 2022). Profit margin: 11% (down from 14% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Oct 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €7.26, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 24x in the Software industry in Germany. Total loss to shareholders of 39% over the past three years.Valuation Update With 7 Day Price Move • Sep 22Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €6.89, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 25x in the Software industry in Germany. Total loss to shareholders of 54% over the past three years.New Risk • Aug 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.7m (US$98.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€90.7m market cap, or US$98.6m).お知らせ • Aug 18+ 4 more updatesIAR Systems Group AB (publ) to Report Second Half, 2023 Results on Feb 08, 2024IAR Systems Group AB (publ) announced that they will report second half, 2023 results on Feb 08, 2024Reported Earnings • Aug 17Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr119.3m (up 1.0% from 2Q 2022). Net income: kr6.10m (down 57% from 2Q 2022). Profit margin: 5.1% (down from 12% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.New Risk • Jun 29New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.5m (US$98.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€90.5m market cap, or US$98.7m).Buying Opportunity • May 17Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 25%. The fair value is estimated to be €11.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 9.3% in 2 years. Earnings is forecast to grow by 77% in the next 2 years.Recent Insider Transactions • May 03Independent Director recently bought €46k worth of stockOn the 28th of April, Michael Ingelog bought around 5k shares on-market at roughly €9.25 per share. This transaction increased Michael's direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €1.0m more in shares than they have sold in the last 12 months.Buying Opportunity • Apr 30Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 29%. The fair value is estimated to be €11.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 9.3% in 2 years. Earnings is forecast to grow by 77% in the next 2 years.Upcoming Dividend • Apr 20Upcoming dividend of kr1.50 per share at 1.3% yieldEligible shareholders must have bought the stock before 27 April 2023. Payment date: 04 May 2023. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.7%).Reported Earnings • Apr 08Full year 2022 earnings released: EPS: kr4.23 (vs kr4.94 loss in FY 2021)Full year 2022 results: EPS: kr4.23 (up from kr4.94 loss in FY 2021). Net income: kr57.8m (up kr125.2m from FY 2021). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.Recent Insider Transactions • Feb 22Chief Strategy Officer recently sold €63k worth of stockOn the 15th of February, Haydn Povey sold around 5k shares on-market at roughly €12.60 per share. This transaction amounted to 3.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €991k more than they sold in the last 12 months.Reported Earnings • Feb 10Full year 2022 earnings released: EPS: kr4.24 (vs kr4.94 loss in FY 2021)Full year 2022 results: EPS: kr4.24 (up from kr4.94 loss in FY 2021). Revenue: kr473.0m (up 33% from FY 2021). Net income: kr57.8m (up kr125.2m from FY 2021). Profit margin: 12% (up from net loss in FY 2021). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.お知らせ • Feb 10+ 1 more updateIAR Systems Group AB (publ), Annual General Meeting, Apr 26, 2023IAR Systems Group AB (publ), Annual General Meeting, Apr 26, 2023.お知らせ • Jan 28IAR Systems fully supports the brand-new Industrial-Grade PX5 RTOSThe PX5 RTOS has just been launched, and IAR Systems, already offers full support for the new real-time operating system. The PX5 Industrial RTOS is an advanced 5th-generation RTOS designed for the most sophisticated and developed embedded applications. The PX5 RTOS helps embedded systems developers to manage the real-time scheduling of their multithreaded applications while increasing the quality, safety, and security of embedded devices. With PX5 RTOS being fully supported in IAR Embedded Workbench® for Arm®, developers can leverage an integrated development environment for seamlessly building and debugging their commercial safety-critical applications from source code to firmware. Accordingly, customers benefit from reduced time-to-market, improved device firmware quality, and portability across device platforms. The IAR Embedded Workbench is a complete development toolchain with a highly optimizing compiler and advanced debugging functions. Thousands of embedded developers worldwide value the powerful IAR C/C++ Compiler™ for its best-in-class optimizations. In conjunction with PX5 RTOS' minimal footprint of ca. 1KB, which automatically scales in size with regards to the application, companies can therefore reduce their BOM (Bill of Materials) by using smaller devices or adding more differentiating features to their existing platform. PX5 RTOS is deterministic regardless of system load, while IAR's code analysis tools C-STAT and C-RUN aim for a reliably tested code basis for demonstrably the highest code quality. For safety-critical applications, IAR Embedded Workbench for Arm is available as a functional safety edition certified by TÜV SÜD and complies with the requirements of ISO 26262. The PX5 RTOS features a native implementation of the industry standard POSIX pthreads API as well as best-of-class size and performance. As for safety and security, the PX5 RTOS provides Pointer/Data Verification (PDV) technology, which developers can leverage at run-time to verify function return addresses, function pointers, system objects, global data, and memory pools. This technology is unique to the PX5 RTOS. In addition to the native POSIX pthread support (semaphore, mutex, message queue, etc.), the PX5 RTOS also offers real-time extensions such as event flags, fast queues, tick timers, memory management, and more. Given the PX5 RTOS industry-standard POSIX pthreads API support, a wide range of software stacks are instantly enabled - both open source and commercial - for real-time embedded IoT platforms.Buying Opportunity • Jan 20Now 21% undervaluedOver the last 90 days, the stock is up 24%. The fair value is estimated to be €17.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Nov 17IAR Systems Announces the Full Support of Their Latest Release of IAR Embedded Workbench for RISC-V for the CoDense™ Extension of Andes Technology's AndeStar™ V5 RISC-V ProcessorIAR Systems has just announced the full support of their latest release of IAR Embedded Workbench for RISC-V for the CoDense™ extension of Andes Technology's AndeStar™ V5 RISC-V processor. CoDense™ is a patented extension of the processor's ISA (Instruction Set Architecture) which helps IAR's toolchain to generate a compact code - for saving flash memory on the target processor while the previously supported AndeStar™ V5 DSP/SIMD and Performance extensions help deliver higher application performance. IAR Systems has already supported the AndesCore™ RISC-V CPU IP at an early stage, offering customers a complete development toolchain including the powerful IAR C/C++ Compiler™ and a comprehensive debugger, which is also available in an ISO 26262 conforming functional safety certified edition. Andes is a founding Premier member of RISC-V International and a leading supplier of high-performance/low-power 32/64-bit embedded processor IP solutions. The joint solutions from Andes and IAR Systems with their robust design methodology for safety applications help customers accelerating development including the certification process and therefore their products' time to market. CoDense™ in AndeStar™ V5 is an Andes-extended feature for code size compression on top of the extensible RISC-V standard instructions. The extension has already been proven in more than 10 billion SoCs with AndeStar™ V3 processors. Besides the support for CoDense™, the latest version 3.11 of the IAR Embedded Workbench for RISC-V comes with a "P" extension 0.9.11 support (Standard Extension for Packed-SIMD Instructions) and enhanced SMP (Symmetric Multi-Processing) and AMP (Asymmetric Multi-Processing) multicore debugging. Developers will also appreciate the new IAR Build and IAR C-SPY Debug extensions for Visual Studio Code, so they can utilize IAR Systems' powerful tools for building and debugging their code within the Visual Studio Code editor. The proven IAR Embedded Workbench is on the rise among RISC-V developers with its best-in-class code size optimizations, which allows companies to use smaller devices or add even more functionality to an existing platform. The code is generated using the toolchain's advanced optimization technology and convinces in CoreMark tests from the EEMBC Certification Lab with its fast code and performance. The included C-SPY Debugger gives developers full control of the application in real-time, amongst others by using complex breakpoints, profiling, code coverage, timeline with interrupt, and power logging. Fully integrated code analysis tools ensure compliance with specific standards like MISRA C (2004 and 2012) as well as the best programming practices like Common Weakness Enumeration (CWE) and CERT C Secure Coding Standard. Being certified for functional safety development itself, the IAR Embedded Workbench for RISC-V comes with a safety report and safety guide for ten different standards, e.g. for automotive or industrial applications.Reported Earnings • Oct 28Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr117.4m (up 34% from 3Q 2021). Net income: kr16.8m (up 5.7% from 3Q 2021). Profit margin: 14% (down from 18% in 3Q 2021). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in Germany.お知らせ • Oct 14Första AP-fonden acquired an unknown minority stake in IAR Systems Group AB (publ) for approximately SEK 120 million.Första AP-fonden acquired an unknown minority stake in IAR Systems Group AB (publ) for approximately SEK 120 million on October 13, 2022.Första AP-fonden completed the acquisition of an unknown minority stake in IAR Systems Group AB (publ) on October 13, 2022.お知らせ • Oct 12+ 3 more updatesIAR Systems Group AB (publ) to Report Nine Months, 2023 Results on Oct 25, 2023IAR Systems Group AB (publ) announced that they will report nine months, 2023 results on Oct 25, 2023Reported Earnings • Aug 18Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: kr118.1m (up 35% from 2Q 2021). Net income: kr14.3m (up 55% from 2Q 2021). Profit margin: 12% (up from 11% in 2Q 2021). Over the next year, revenue is forecast to grow 11%, compared to a 7.8% growth forecast for the Software industry in Germany.お知らせ • Jun 21IAR Systems Enable Visual Studio Code Extensions to Meet Developer DemandsIAR Systems presented Visual Studio Code extensions for IAR Systems embedded software development solutions. Now available at Visual Studio Code Marketplace, these extensions enable developers to work in Visual Studio Code while at the same time taking advantage of the powerful capabilities of the IAR Systems' software solutions specialized in embedded systems. For many years, IAR Systems and Azure RTOS have delivered the higher level of product integration, including the Azure RTOS ThreadX kernel integration in the IAR Embedded Workbench debugger. This debugger integration with Microsoft's Embedded Tools extension includes the ability to view all Azure RTOS ThreadX objects, set thread-specific breakpoints, view suspended thread's call stacks, and view the unique execution profile and performance monitoring features in Azure RTOS ThreadX. The new IAR Systems' extensions bring the same high level and integration capabilities to the Visual Studio Code community. In addition, this gives IoT developers a seamless development experience from prototyping to delivered product, enabling a fully GitHub-based automated development workflow.お知らせ • Jun 14IAR Systems Announces the Latest Version of the Complete Development Toolchain IAR Embedded Workbench® for ArmIAR Systems announced the latest version of the complete development toolchain IAR Embedded Workbench® for Arm. Version 9.30 extends its wide support of Arm® cores by adding support for the latest high-performance Arm Cortex®-M85 processor. IAR Embedded Workbench for Arm is the preferred embedded software development solution for thousands of developers worldwide. With the powerful code optimization capabilities, developers can get the most out of the performance of the chosen MCU while at the same time keeping the application as power efficient as possible. The solution also provides extensive debugging and analysis possibilities such as static and runtime analysis tools, complex code and data breakpoints, runtime stack analysis, call stack visualization, code coverage analysis and integrated monitoring of power consumption. In the latest release, the tools also support Arm Cortex-M Custom Instructions. For efficient automated workflows, IAR Build Tools for Arm enable cross platform-based frameworks and large-scale deployments of critical software building and testing.Recent Insider Transactions • May 11Independent Chairman of the Board recently bought €999k worth of stockOn the 4th of May, Nicolas Hassbjer bought around 100k shares on-market at roughly €9.99 per share. This was the largest purchase by an insider in the last 3 months. This was Nicolas' only on-market trade for the last 12 months.Reported Earnings • Apr 27First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: kr110.5m (up 24% from 1Q 2021). Net income: kr12.0m (down 6.2% from 1Q 2021). Profit margin: 11% (down from 14% in 1Q 2021). Over the next year, revenue is forecast to grow 14%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.お知らせ • Apr 27+ 1 more updateI.A.R. Systems Group AB Elects Sabina Lind as New Board MemberI.A.R. Systems Group AB at the annual general meeting held on April 26, 2022 approved to elect Sabina Lindén as new board member.お知らせ • Apr 09IAR Systems Brings Low-Code State Machine Design Solution to LinuxIAR Systems® announced the latest version of the graphical modeling and code generation solution IAR Visual State. The new version introduces cross-platform host support that allows IAR Visual State to run on either Linux or Windows, enabling flexible and efficient development workflows based on state machines. Embedded systems are often developed by large and distributed teams with different skills. State machines and low-code development can be used as a common language for everyone in the team to understand and more efficiently build complex designs together. IAR Visual State is made specifically for embedded systems, allowing developers to use state machines in an easy, intuitive way. The solution enables teams to graphically design state machines and generate C, C++, C# or Java source code for embedded systems as well as smartphone or desktop applications, speeding up time to prototype. With IAR Visual State, developers can graphically develop Java and C# applications in the same environment as C/C++ applications, dramatically reducing the risk of accidentally creating differences in functions as well as simplifying maintenance when developing systems containing both embedded and mobile or desktop applications. IAR Visual State also enables developers to perform simulation and validation at the same time for the different variants of the application, ensuring high-quality code and efficient project management, as well as reduce the time spent on the implementation of designs, shortening the time to market. In addition, functional safety standards, for example the IEC 61508, recommends state machines as one design method to meet higher Safety Integrity Levels.お知らせ • Mar 31IAR Systems enables powerful AI/ML applications based on Alif Semiconductor's microcontrollers and fusion processorsIAR Systems announced that its leading development solutions for Arm® now provides support for the Ensemble™ and Crescendo™ families of AI-enabled, power efficient microcontrollers (MCUs) and fusion processors from Alif Semiconductor™. The renowned development toolchain IAR Embedded Workbench® for Arm brings high performance and strong code optimizations capabilities to companies choosing Ensemble or Crescendo devices. Alif Semiconductor's power efficient product families scale by offering up to four processing cores plus AI/ML acceleration, multi-layered security, integrated LTE Cat-M1 and NB-IoT connectivity, global navigation satellite system (GNSS) positioning and much more. IAR Embedded Workbench for Arm provides powerful code optimizations to assist developers in getting the most out of the performance of a device and yet stay as energy efficient as possible.Reported Earnings • Feb 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: kr4.94 loss per share (down from kr4.36 profit in FY 2020). Revenue: kr358.0m (down 3.8% from FY 2020). Net loss: kr67.4m (down 213% from profit in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 15%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Dec 24Investor sentiment improved over the past weekAfter last week's 18% share price gain to €10.26, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 29x in the Software industry in Germany. Total loss to shareholders of 55% over the past three years.Reported Earnings • Oct 28Third quarter 2021 earnings releasedThe company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: kr90.0m (up 1.2% from 3Q 2020). Net income: kr15.9m (down 15% from 3Q 2020). Profit margin: 18% (down from 21% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.Reported Earnings • Aug 18Second quarter 2021 earnings releasedThe company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr87.4m (down 13% from 2Q 2020). Net income: kr9.20m (down 48% from 2Q 2020). Profit margin: 11% (down from 18% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 19% per year.お知らせ • Jun 24IAR Systems Extends Development Tools Performance Capabilities for Andes RISC-V CoresIAR Systems presented a new version of its professional development tools for RISC-V. With the latest release, the complete development toolchain IAR Embedded Workbench® for RISC-V adds support for latest Andes RISC-V extension and devices, enabling maximized performance in RISC-V-based applications. Through its excellent optimization technology, IAR Embedded Workbench for RISC-V helps developers ensure the application fits the required needs and optimize the utilization of on-board memory. With the support of the AndeStar™ V5 RISC-V Performance Extension, developers can use IAR Embedded Workbench to create applications with increased performance and reduced code size. The toolchain supports all Andes 32-bit V5 RISC-V cores, including the N22, N25F, D25F, A25, A27, N45, D45 and A45. The RISC-V Packed SIMD/DSP extension specification (RVP draft) and the corresponding intrinsic functions as well as Andes DSP libraries are supported. IAR Embedded Workbench for RISC-V is a complete C/C++ compiler and debugger toolchain with everything embedded developers need integrated in one single IDE. To ensure code quality, the toolchain includes C-STAT® for static code analysis. C-STAT proves code alignment with industry standards like MISRA C:2012, MISRA C++:2008 and MISRA C:2004, and also detects defects, bugs, and security vulnerabilities as defined by CERT C and the Common Weakness Enumeration (CWE). For companies working with safety-critical applications, IAR Embedded Workbench for RISC-V is available in a functional safety edition certified by TÜV SÜD according to IEC 61508, ISO 26262, IEC 62304, EN 50128, EN 50657, IEC 60730, ISO 13849, IEC 62061, IEC 61511 and ISO 25119, delivering qualified tools, simplified validation and guaranteed support through the product life cycle.お知らせ • Jun 22IAR Systems Enables Advantech to Innovate Smart Industrial Iot Edge DevicesIAR Systems announced that its development tools have enabled Advantech, a global leader in Industrial Internet of Things (IIoT) technology, to successfully develop their latest remote I/O data acquisition module, ADAM-6300. ADAM-6300 is able to serve as an intelligent network node in an IoT application, to meet the needs of environmental monitoring, make application configurations easier and faster and assist companies in their digital transformation. The rapid development of IIoT has led to a substantial growth in the demand for smart edge devices. Advantech's ADAM-6300 is an OPC UA remote I/O data acquisition module that does not require an external gateway, and can be directly connected to SCADA, database or public cloud services. It supports OPC UA (Open Platform Communications Unified Architecture) function and includes built-in hardware security protection. ADAM-6300 is highly recommended for applications such as water treatment, machine management, and production process monitoring. IAR Embedded Workbench is a complete development toolchain with powerful code optimizations capabilities, which enables developers to generate small, fast code, improving the execution performance as well as reducing power consumption. Combined with its extensive debugging features, developers are to make their product development more efficient.お知らせ • May 28IAR Systems and Secure Thingz present embedded security compliance solution for Renesas RXSystems and Secure Thingz, an IAR Systems Group company, presented Compliance Suite for Renesas RX. Compliance Suite provides developers and organizations with the security development tools, practical guidance and knowledge needed to rapidly build applications that are compliant with security legislation, such as the Consumer IoT Security Standard EN 303 645, UK & Australian 13 Best Practices, and the evolving US Cybersecurity Improvement Act. The Compliance Suite for Renesas RX is specifically designed for applications based on the Renesas RX family of microcontrollers. Many Renesas RX MCUs include the Trusted Secure IP technology, which offers multiple security features. The Renesas RX65N with TSIP was the first general-purpose MCU to achieve Cryptographic Module Validation Program Level 3 certification from the Federal Information Processing Standard Publication 140-2 by the US National Institute of Standards and Technology. This integrated technology can be leveraged through Secure Thingz technology, achieving compliance with key requirements of the EN 303 645 standard. Compliance Suite for Renesas RX delivers a set of security development tools that are all integrated with the development toolchain IAR Embedded Workbench. With the security development tool C-Trust, developers are able to automatically deliver secure, encrypted code. Combined with Preconfigured Security Contexts, which define the configuration of a trusted execution environment, developers are able to ensure they remain in control of system operation and into the future. The Preconfigured Security Contexts included with Compliance Suite are designed for Renesas RX MCUs. In addition, Compliance Suite for Renesas RX includes practical guidance through a package of courses led by Secure Thingz' in-house security experts, covering topics such as introduction to embedded security and available tools, and legislation overview, as well as hands-on guides on how to meet security compliance. With new legislation for IoT security and privacy rapidly being introduced globally, compliance according to these regulations is a challenge for all organizations and developers working with embedded applications. The IoT Security Foundation, a non-profit industry association where Secure Thingz is a founding member, has developed an IoT Security Compliance Framework, enabling organizations to implement a self-certification methodology that covers 13 Best Practices for Security and Secure by Design guidelines. The Consumer IoT Security Standard EN 303 645, based on the 13 Best Practices, is widely regarded as the security benchmark for Consumer IoT. Both the standard and the guidelines contain core security requirements for applications, which developers should achieve. Compliance Suite from IAR Systems and Secure Thingz enables organizations to rapidly build applications with these core requirements included, providing security for existing applications as well as adding security guidelines for new functionality to future proof next-generation embedded applications.お知らせ • May 21IAR Systems Boosts Development of Embedded Applications Based on NXP's i.MX RT1160 crossover MCUsIAR Systems announced that the latest version of the development toolchain IAR Embedded Workbench for Arm adds support for NXP's latest crossover MCU - the i.MX RT1160 MCU. This is in addition to the already supported i.MX RT1170, i.MX RT1064, i.MX RT1060, i.MX RT1050 i.MX RT1024, i.MX RT1020, i.MX RT1015, i.MX RT1010, i.MX RT600 and i.MX RT500 MCU families. IAR Embedded Workbench for Arm delivers a complete C/C++ compiler and debugger toolchain, including powerful optimizations and comprehensive debugging capabilities. It also includes integrated static and runtime analysis tools, user-friendly features for helping developers in the daily workflow, as well as a powerful RTOS awareness plugin that enables a high level of control and visibility over an application built on top of a real-time operating system. With the strong technology, IAR Systems offers global technical support and a support and update service enabling customers to easily get access to the latest features and updates. For companies with a need for scalable build server topologies for Continuous Integration/Continuous Delivery pipelines, IAR Build Tools for Linux, based on the powerful build tools in IAR Embedded Workbench, help to streamline automated workflows. In addition, the build tools in IAR Embedded Workbench for Arm are certified for functional safety.お知らせ • May 13IAR Systems Extends Product Portfolio for Streamlined Linux-Based Automated WorkflowsIAR Systems presented the latest addition to its powerful build tools for Linux, which are based on the well-known build tools in the development toolchain IAR Embedded Workbench®. The extended tools now support deployment in Linux-based frameworks for Renesas' low-power RL78 microcontrollers (MCUs), enabling organizations to streamline building and testing workflows. Present embedded applications are smarter, more feature-rich and more complex than even before. This drives a need in making the software development environments scalable and flexible. Present development practices also require that organizations have automated processes that ensure quality all the way from development into building and testing. IAR Build Tools for Linux make it possible to optimize resources when it comes to the time developers spend in their projects, as well as to manage and utilize licenses and servers in an optimal way. The tools can be easily integrated into different build systems, such as CMake and Ninja, and the command line build utility IARBuild streamlines building for easy integration with Continuous Integration engines like Jenkins and Bamboo, or with docker containers. With the integrated static analysis tool C-STAT®, developers can ensure code quality throughout the development and testing process. C-STAT proves code alignment with industry standards like MISRA C:2012, MISRA C++:2008 and MISRA C:2004, and also detects defects, bugs, and security vulnerabilities as defined by CERT C and the Common Weakness Enumeration (CWE). IAR Build Tools for Linux include the highly optimizing IAR C/C++ Compiler™, IAR Assembler, Linker and library tools, C-STAT, IARBuild, and runtime libraries. The IAR C/C++ Compiler adheres to a freestanding implementation of the C18 (ISO/IEC 9899:2018) programming language standard and supports all C++17 features. In addition, C++14 (ISO/IEC 14882:2015), C11 (ISO/IEC 9899:2012), C89 (ANSI X3.159-1989) and the IEEE 754 standard for floating-point arithmetic are supported.Executive Departure • Apr 30Independent Chairman of the Board Maria Wasing has left the companyOn the 27th of April, Maria Wasing's tenure as Independent Chairman of the Board ended after 4.0 years in the role. We don't have any record of a personal shareholding under Maria's name. Maria is the only executive to leave the company over the last 12 months.Reported Earnings • Apr 29First quarter 2021 earnings releasedThe company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: kr88.9m (down 3.7% from 1Q 2020). Net income: kr12.8m (up 15% from 1Q 2020). Profit margin: 14% (up from 12% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 17% per year.Reported Earnings • Mar 28Full year 2020 earnings released: EPS kr4.36 (vs kr5.96 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr372.0m (down 8.3% from FY 2019). Net income: kr59.4m (down 27% from FY 2019). Profit margin: 16% (down from 20% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.お知らせ • Mar 05IAR Systems Announces Availability of RISC-V Development Tools with Certification for IEC 61508 and ISO 26262IAR Systems® announces the availability of a certified edition of its development toolchain for RISC-V. The functional safety edition of IAR Embedded Workbench® for RISC-V is certified by TÜV SÜD according to the requirements of IEC 61508, the international umbrella standard for functional safety, as well as ISO 26262, which is used for automotive safety-related systems. In addition, the certification covers the international standard IEC 62304, which specifies life cycle requirements for the development of medical software and software within medical devices, and the European railway standards EN 50128 and EN 50657. Also covered are IEC 60730 for Household Appliances, ISO 13849 and IEC 62061 for Machinery Control Systems, IEC 61511 for Process Industry and ISO 25119 for Agriculture and Forestry. Functional safety is one of the most important features in many embedded systems and companies must consider development tools as an integral part of the system certification. The proof of compliance for the tools increases cost and time of development. To solve this problem, IAR Systems provides certified editions of the complete compiler and debugger toolchain IAR Embedded Workbench. The tests performed and quality assurance measures implemented by IAR Systems have shown that IAR Embedded Workbench for RISC-V complies with the testing criteria specified by the respective standards and is suitable for use in safety-related development. IAR Embedded Workbench is certified by TÜV SÜD. IAR Embedded Workbench for RISC-V is a complete development toolchain including the highly optimizing IAR C/C++ Compiler™ and the C-SPY® Debugger. The software is complemented by native debugging and trace probes. The debug probe I-jet supports on-chip RAM buffered trace, in addition to fast JTAG/cJTAG/DAP debug and is complemented by the powerful trace probe I-jet Trace, which can livestream trace information for code coverage and profiling purposes. The functional safety edition of IAR Embedded Workbench includes a functional safety certificate, a safety report from TÜV SÜD and a Safety Manual. With the certified tools, IAR Systems provides a Functional Safety Support and Update Agreement with guaranteed support for the sold version for the longevity of the contract. Along with prioritized technical support, the agreement includes access to validated service packs and regular reports of known deviations and problems. Functional safety certification for IAR Embedded Workbench for RISC-V, version 1.40, is available now.お知らせ • Mar 03IAR Systems adds Functional Safety certification for build tools for LinuxIAR Systems announced that its build tools supporting deployment in Linux-based frameworks has been certified by TÜV SÜD for functional safety development. The certification covers IAR Build Tools for Linux for Arm®, and has been performed according to the requirements of IEC 61508, the international umbrella standard for functional safety, as well as ISO 26262, which is used for automotive safety-related systems. In addition, the certification covers the international standards IEC 62304 for medical software, IEC 60730 for Household Appliances, ISO 13849 and IEC 62061 for Machinery Control Systems, IEC 61511 for Process Industry, ISO 25119 for Agriculture and Forestry, and the European railway standards EN 50128 and EN 50657.IAR Build Tools for Linux make it possible to optimize resources when it comes to the time developers spend in their projects, as well as to manage and utilize licenses and servers in an optimal way. The tools can be easily integrated into different build systems, such as CMake and Ninja, and the command line build utility IARBuild streamlines building for easy integration with Continuous Integration engines like Jenkins and Bamboo, or with docker containers. With the integrated static analysis tool C-STAT®, developers can ensure code quality throughout the development and testing process. C-STAT proves code alignment with industry standards like MISRA C:2012, MISRA C++:2008 and MISRA C:2004, and also detects defects, bugs, and security vulnerabilities as defined by CERT C and the Common Weakness Enumeration (CWE). IAR Build Tools for Linux include the highly optimizing IAR C/C++ Compiler™, IAR Assembler, Linker and library tools, IARBuild and runtime libraries. The IAR C/C++ Compiler adheres to a freestanding implementation of the C18 (ISO/IEC 9899:2018) programming language standard and supports all C++17 features. In addition, C++14 (ISO/IEC 14882:2015), C11 (ISO/IEC 9899:2012), C89 (ANSI X3.159-1989) and the IEEE 754 standard for floating-point arithmetic are supported. IAR Systems now also introduces 64-bit device support in IAR Build Tools for Linux. The functional safety edition of IAR Build Tools for Linux includes a functional safety certificate, a safety report from TÜV SÜD and a Safety Manual. With the certified tools, IAR Systems provides a Functional Safety Support and Update Agreement with guaranteed support for the sold version for the longevity of the contract.Is New 90 Day High Low • Feb 24New 90-day low: €12.82The company is down 5.0% from its price of €13.50 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.98 per share.お知らせ • Feb 23IAR Systems Group AB (publ) Systems Introduces 64-Bit Arm Core Support in Leading Embedded Development ToolsIAR Systems Group AB (publ) announced that its C/C++ development toolchain IAR Embedded Workbench® for Arm® now supports 64-bit Arm cores including Arm Cortex®-A35, Cortex-A53 and Cortex-A55. Through IAR Embedded Workbench, IAR Systems provides its customers with the market's most diverse microcontroller support as well as adapted licensing options to fit different organizations' needs. In the embedded industry, more and more applications are being based on 64-bit cores, specifically within low-power applications, deeply embedded and handheld devices. In these application areas, IAR Embedded Workbench has a strong foothold and is the toolchain of choice for many companies to reach maximum performance and energy efficiency. By supporting leading-edge designs needing the performance from 64-bit Arm cores, IAR Systems now enables its customers to make use of the toolchain's leading optimization technology also for 64-bit devices. In addition, integrated code analysis tools ensure code quality, and for simplified functional safety certification, a pre-certified version of the toolchain is available. Complementing the highly optimizing build tools, IAR Embedded Workbench for Arm offers extensive debugging and analysis possibilities such as complex code and data breakpoints, runtime stack analysis, call stack visualization, code coverage analysis and integrated monitoring of power consumption. The company's I-jet debugging probes and the high-performance C-SPY Debugger 64-bit instruction set simulator offer further capabilities for seamless and flexible development workflows. The toolchain enables multicore debugging of combined Cortex-A (32/64-bit), Cortex-R (32-bit) and Cortex-M (32-bit) devices and System-On-Chips (SoCs). IAR Embedded Workbench for Arm also provides pre-integrated software solutions from leading real-time operating systems (RTOS) and middleware vendors.Reported Earnings • Feb 10Full year 2020 earnings released: EPS kr4.36 (vs kr5.96 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr372.0m (down 8.3% from FY 2019). Net income: kr59.4m (down 27% from FY 2019). Profit margin: 16% (down from 20% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year and the company’s share price has also fallen by 11% per year.Analyst Estimate Surprise Post Earnings • Feb 10Revenue misses expectationsRevenue missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 13%, compared to a 22% growth forecast for the Software industry in Germany.お知らせ • Feb 10+ 4 more updatesIAR Systems Group AB (publ) to Report Fiscal Year 2020 Results on Mar 22, 2021IAR Systems Group AB (publ) announced that they will report fiscal year 2020 results on Mar 22, 2021Is New 90 Day High Low • Jan 20New 90-day high: €14.90The company is up 12% from its price of €13.26 on 22 October 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.69 per share.Recent Insider Transactions • Dec 25Independent Director recently sold €815k worth of stockOn the 21st of December, Fred Wikström sold around 63k shares on-market at roughly €13.01 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €802k more than they bought in the last 12 months.お知らせ • Nov 18IAR Systems Delivers Efficient Building and Testing in Linux-Based Environments for Renesas RX MCUsIAR Systems announced it adds support for Renesas RX microcontrollers (MCUs) in build tools supporting implementation in Linux-based frameworks for automated application build and test processes. This addition further extends IAR Systems' offering for flexible automated workflows. Modern industrial applications are smarter, more feature-rich and more complex than even before. This drives a need in making the software development environments scalable and flexible. Today's development practices also require that organizations have automated processes that ensure quality all the way from development into building and testing. IAR Build Tools for Linux streamline these processes and make it possible for organizations to optimize resources when it comes to the time developers spend in their projects, as well as to manage and utilize licenses and servers in an optimal way. The tools can be easily integrated into different build systems, such as CMake or Ninja, and the command line build utility IARBuild streamlines building for easy integration with Continuous Integration engines like Jenkins and Bamboo. With the included static analysis tool C-STAT, developers can ensure code quality throughout the development and testing process. C-STAT proves code alignment with industry standards like MISRA C:2012, MISRA C++:2008 and MISRA C:2004, and also detects defects, bugs, and security vulnerabilities as defined by CERT C and the Common Weakness Enumeration (CWE). IAR Build Tools for Linux include the highly optimizing IAR C/C++ Compiler™, IAR Assembler, Linker and library tools, IARBuild and runtime libraries. The IAR C/C++ Compiler adheres to a freestanding implementation of the C18 (ISO/IEC 9899:2018) programming language standard and supports all C++17 features. In addition, C++14 (ISO/IEC 14882:2015), C11 (ISO/IEC 9899:2012), C89 (ANSI X3.159-1989) and the IEEE 754 standard for floating-point arithmetic are supported.決済の安定と成長配当データの取得安定した配当: NC91の配当金支払いは、過去10年間 変動性 が高かった。増加する配当: NC91の配当金支払額は過去10年間減少しています。配当利回り対市場IAR Systems Group 配当利回り対市場NC91 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (NC91)0.8%市場下位25% (DE)1.5%市場トップ25% (DE)4.6%業界平均 (Software)1.8%アナリスト予想 (NC91) (最長3年)1.1%注目すべき配当: NC91の配当金 ( 0.83% ) はGerman市場の配当金支払者の下位 25% ( 1.48% ) と比べると目立ったものではありません。高配当: NC91の配当金 ( 0.83% ) はGerman市場の配当金支払者の上位 25% ( 4.58% ) と比較すると低いです。株主への利益配当収益カバレッジ: NC91の 配当性向 ( 27.3% ) はかなり低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: NC91は低い 現金配当性向 ( 24.8% ) であるため、配当金の支払いはキャッシュフローによって十分にカバーされています。高配当企業の発掘7D1Y7D1Y7D1YDE 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2025/11/05 07:56終値2025/11/03 00:00収益2025/06/30年間収益2024/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋IAR Systems Group AB (publ) 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4 アナリスト機関Viktor HögbergDanske BankJoachim GunellDNB CarnegieJoachim GunellDNB Carnegie Commissioned Research1 その他のアナリストを表示
お知らせ • Apr 29+ 1 more updateIAR Systems Group AB (publ) Proposes Ordinary Dividend for the Financial Year 2024, Payable on 6 May 2025IAR Systems Group AB (publ) at its Annual General Meeting held on 28 April 2025 resolved that SEK 1.50 per share shall be paid as ordinary dividend for the financial year 2024. The record date shall be 30 April 2025. The dividend is expected to be paid through Euroclear Sweden AB on 6 May 2025.
お知らせ • Feb 26IAR Systems Group AB (publ) announces Annual dividend, payable on May 06, 2025IAR Systems Group AB (publ) announced Annual dividend of SEK 1.5000 per share payable on May 06, 2025, ex-date on April 29, 2025 and record date on April 30, 2025.
お知らせ • Feb 11IAR Systems Group AB (publ) Proposes a DividendThe Board of IAR Systems Group AB (publ) proposed a dividend of SEK 1.5 per share.
Upcoming Dividend • Apr 22Upcoming dividend of kr1.50 per shareEligible shareholders must have bought the stock before 26 April 2024. Payment date: 03 May 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.3%).
Declared Dividend • Apr 07Dividend of kr1.50 announcedShareholders will receive a dividend of kr1.50. Ex-date: 26th April 2024 Payment date: 3rd May 2024 Dividend yield will be 13%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (20% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.
Upcoming Dividend • Apr 20Upcoming dividend of kr1.50 per share at 1.3% yieldEligible shareholders must have bought the stock before 27 April 2023. Payment date: 04 May 2023. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.7%).
お知らせ • Oct 16IAR Systems Group AB (publ)(OM:IAR B) dropped from OMX Nordic All-Share IndexIAR Systems Group AB (publ) has been dropped from the OMX Nordic All-Share Index.
お知らせ • Aug 14IAR Systems Group AB (publ) to Report Fiscal Year 2025 Results on Feb 11, 2026IAR Systems Group AB (publ) announced that they will report fiscal year 2025 results on Feb 11, 2026
お知らせ • Jul 04The Qt Company Ltd proposed to acquire IAR Systems Group AB (publ) (OM:IAR B) from ALCUR Fonder, Andra AP-fonden, Tredje AP-fonden, Fjärde AP-fonden, Aktia Nordic Small Cap Fund and Aktia Nordic Micro Cap Fund managed by Aktia Fund Management Company Ltd. and others for SEK 2.3 billion.The Qt Company Ltd proposed to acquire IAR Systems Group AB (publ) (OM:IAR B) from ALCUR Fonder, Andra AP-fonden, Tredje AP-fonden, Fjärde AP-fonden, Aktia Nordic Small Cap Fund and Aktia Nordic Micro Cap Fund managed by Aktia Fund Management Company Ltd. and others for SEK 2.3 billion on July 4, 2025. A cash consideration of SEK 2.3 billion valued at SEK 180 per share will be paid by The Qt Company Ltd. As part of consideration, SEK 2.3 billion is paid towards common equity of IAR Systems Group AB (publ). The transaction is subject to approval by regulatory board / committee, approval of merger agreement by target board, consummation of due diligence investigation and minimum tender. The deal has been unanimously approved by the board. The expected completion of the transaction is on or around September 25, 2025. Skandinaviska Enskilda Banken AB acted as financial advisor for IAR Systems Group AB. Setterwalls Advokatbyrå Ab acted as legal advisor for IAR Systems Group AB.
お知らせ • Apr 29+ 1 more updateIAR Systems Group AB (publ) Proposes Ordinary Dividend for the Financial Year 2024, Payable on 6 May 2025IAR Systems Group AB (publ) at its Annual General Meeting held on 28 April 2025 resolved that SEK 1.50 per share shall be paid as ordinary dividend for the financial year 2024. The record date shall be 30 April 2025. The dividend is expected to be paid through Euroclear Sweden AB on 6 May 2025.
お知らせ • Mar 31IAR Systems Group AB (publ), Annual General Meeting, Apr 28, 2025IAR Systems Group AB (publ), Annual General Meeting, Apr 28, 2025, at 14:00 W. Europe Standard Time. Location: at the companys premises, at strandbodgatan 1a , 75323, uppsala Sweden
お知らせ • Mar 11IAR Premieres Cloud-Enabled Platform Offering for Modern Embedded Software Development TeamsIAR takes the stage at embedded world 2025 in Nuremberg, Germany, unveiling their brand-new cloud-enabled platform. The new platform gives embedded software developers maximum freedom and flexibility in their tool choice and daily use. IAR's highly scalable tools package contains the full product offering, including the powerful IAR Embedded Workbench with the proven IAR C/C++ Compiler and IAR Build tools, as well as various premium add-ons like the IAR C-STAT for static code analysis and IAR Embedded Trust for end-to-end security, along with the advanced C-SPY Debugger. With this comprehensive concept, IAR helps customers streamline their tool investment while equipping embedded development teams in automotive, medical, industrial automation, and other sectors with best-in-class tools tailored to their needs. Scale development operations with freedom and flexibility: Traditional licensing agreements often come with reduced flexibility for distributed development teams and limitations regarding supported architectures and processors, leading to additional costs. IAR's new platform offering promotes modern workflows in embedded software development by supporting distributed teams of varying sizes to collaborate on private, public, and hybrid cloud spaces. Developers gain maximum freedom in their choice of devices and silicon partners, enabling them to build single- and multi-core systems on Arm, RISC-V, and several other legacy architectures, without vendor lock-in. Simplify compliance & strengthen security: Additional flexibility is also provided when adapting to new and ever-evolving requirements. IAR's cloud-enabled offering includes tools for implementing functional safety and security features in applications according to standards such as MISRA, IEC, and ISO. These tools are built for developers looking to simplify the complexities of safety- and security-critical projects. With IAR's support, they can design safe and reliable software that is ready for strict industry-standard certifications. With its comprehensive tools offering packaged into a convenient cloud-ready subscription model, IAR empowers embedded software developers to improve their code's quality and performance and deploy their software faster. The seamless development workflows enabled by IAR's tools significantly increase efficiency, saving customers time and money and freeing up capacity for further innovation.
お知らせ • Mar 01IAR Systems Group AB (publ) to Report Fiscal Year 2024 Final Results on Apr 04, 2025IAR Systems Group AB (publ) announced that they will report fiscal year 2024 final results at 12:00 PM, Central European Standard Time on Apr 04, 2025
お知らせ • Feb 26IAR Systems Group AB (publ) announces Annual dividend, payable on May 06, 2025IAR Systems Group AB (publ) announced Annual dividend of SEK 1.5000 per share payable on May 06, 2025, ex-date on April 29, 2025 and record date on April 30, 2025.
お知らせ • Feb 11IAR Systems Group AB (publ) Proposes a DividendThe Board of IAR Systems Group AB (publ) proposed a dividend of SEK 1.5 per share.
Recent Insider Transactions • Oct 28Chief Executive Officer recently bought €54k worth of stockOn the 24th of October, Cecilia Wachtmeister bought around 5k shares on-market at roughly €10.72 per share. This transaction increased Cecilia's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Cecilia has been a buyer over the last 12 months, purchasing a net total of €83k worth in shares.
Reported Earnings • Oct 25Third quarter 2024 earnings released: EPS: kr1.04 (vs kr1.03 in 3Q 2023)Third quarter 2024 results: EPS: kr1.04. Revenue: kr127.1m (up 2.9% from 3Q 2023). Net income: kr13.7m (down 2.1% from 3Q 2023). Profit margin: 11% (in line with 3Q 2023). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Software industry in Germany.
お知らせ • Sep 03+ 3 more updatesIAR Systems Group AB (publ) to Report Q4, 2024 Results on Feb 11, 2025IAR Systems Group AB (publ) announced that they will report Q4, 2024 results on Feb 11, 2025
Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: kr1.19 (vs kr0.45 in 2Q 2023)Second quarter 2024 results: EPS: kr1.19 (up from kr0.45 in 2Q 2023). Revenue: kr134.0m (up 13% from 2Q 2023). Net income: kr15.8m (up 159% from 2Q 2023). Profit margin: 12% (up from 5.1% in 2Q 2023). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
お知らせ • Jul 10+ 1 more updateIAR Systems Group AB (publ) Announces CEO ChangesIAR Systems Group AB (publ) announced that Cecilia Wachtmeister, who was appointed as the new CEO of I.A. R. Systems Group AB at the end of March, will officially assume the role on August 16. When Cecilia was recruited, it was communicated that she would take office by October 1 at the latest, with the hope of an earlier start date. Cecilia has been able to leave her previous position earlier than planned and will therefore assume the CEO role at IAR on August 16. Richard Lind will simultaneously leave his position but will be available to the company during the fall.
Buy Or Sell Opportunity • Jul 01Now 21% undervaluedOver the last 90 days, the stock has risen 26% to €14.85. The fair value is estimated to be €18.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Jun 17Now 23% undervaluedOver the last 90 days, the stock has risen 23% to €14.70. The fair value is estimated to be €19.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • May 15Now 22% undervaluedOver the last 90 days, the stock has risen 17% to €13.65. The fair value is estimated to be €17.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: kr5.12 (vs kr0.47 in 1Q 2023)First quarter 2024 results: EPS: kr5.12 (up from kr0.47 in 1Q 2023). Revenue: kr130.0m (up 11% from 1Q 2023). Net income: kr69.0m (up kr62.6m from 1Q 2023). Profit margin: 53% (up from 5.5% in 1Q 2023). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Apr 22Upcoming dividend of kr1.50 per shareEligible shareholders must have bought the stock before 26 April 2024. Payment date: 03 May 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.3%).
Reported Earnings • Apr 08Full year 2023 earnings released: kr16.84 loss per share (vs kr4.23 profit in FY 2022)Full year 2023 results: kr16.84 loss per share (down from kr4.23 profit in FY 2022). Revenue: kr494.2m (up 5.1% from FY 2022). Net loss: kr229.0m (down 496% from profit in FY 2022). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Declared Dividend • Apr 07Dividend of kr1.50 announcedShareholders will receive a dividend of kr1.50. Ex-date: 26th April 2024 Payment date: 3rd May 2024 Dividend yield will be 13%, which is higher than the industry average of 1.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (20% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.
お知らせ • Mar 28I.A.R. Systems Group Appoints Cecilia Wachtmeister as CEO, Effective No Later Than October 1, 2024I.A.R. Systems Group has appointed Cecilia Wachtmeister as the new CEO, effective no later than October 1, 2024. Cecilia brings extensive industrial experience from executive roles in technology companies, with a focus on international sales. She holds an M.Sc in Industrial Engineering and Management, specializing in Electrical Engineering, and has completed a series of top executive programs at Ericsson, including the Ericsson Executive program at Stanford University. She joins the company from Kambi, where she served as Chief Commercial Officer. Cecilia has been a board member of IAR during the successful turnaround that has led the company to new growth and a turnover of SEK 459 million with strong profitability. She has been involved in the company's new strategic work and knows the company well, which also means a short ramp-up time.
お知らせ • Feb 09+ 1 more updateIAR Systems Group AB (publ) Proposes Sales Guidance for the Year 2024IAR Systems Group AB (publ) proposed sales guidance for the year 2024. The Board's financial targets are for it's sales to grow 10%-15% annually in local currency and for the operating margin to exceed 25% over a business cycle.
Reported Earnings • Feb 09Full year 2023 earnings released: kr16.84 loss per share (vs kr4.23 profit in FY 2022)Full year 2023 results: kr16.84 loss per share (down from kr4.23 profit in FY 2022). Revenue: kr496.9m (up 5.7% from FY 2022). Net loss: kr229.0m (down 496% from profit in FY 2022). Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Jan 19Now 20% undervaluedOver the last 90 days, the stock has risen 73% to €10.86. The fair value is estimated to be €13.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 5.7% in 2 years. Earnings are forecast to grow by 134% in the next 2 years.
Buying Opportunity • Jan 17Now 21% undervaluedOver the last 90 days, the stock is up 73%. The fair value is estimated to be €14.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 5.7% in 2 years. Earnings is forecast to grow by 134% in the next 2 years.
Valuation Update With 7 Day Price Move • Nov 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €9.37, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 28x in the Software industry in Germany. Total loss to shareholders of 33% over the past three years.
Reported Earnings • Oct 27Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: kr124.6m (up 6.1% from 3Q 2022). Net income: kr14.0m (down 17% from 3Q 2022). Profit margin: 11% (down from 14% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Oct 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €7.26, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 24x in the Software industry in Germany. Total loss to shareholders of 39% over the past three years.
Valuation Update With 7 Day Price Move • Sep 22Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €6.89, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 25x in the Software industry in Germany. Total loss to shareholders of 54% over the past three years.
New Risk • Aug 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.7m (US$98.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€90.7m market cap, or US$98.6m).
お知らせ • Aug 18+ 4 more updatesIAR Systems Group AB (publ) to Report Second Half, 2023 Results on Feb 08, 2024IAR Systems Group AB (publ) announced that they will report second half, 2023 results on Feb 08, 2024
Reported Earnings • Aug 17Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr119.3m (up 1.0% from 2Q 2022). Net income: kr6.10m (down 57% from 2Q 2022). Profit margin: 5.1% (down from 12% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
New Risk • Jun 29New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.5m (US$98.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€90.5m market cap, or US$98.7m).
Buying Opportunity • May 17Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 25%. The fair value is estimated to be €11.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 9.3% in 2 years. Earnings is forecast to grow by 77% in the next 2 years.
Recent Insider Transactions • May 03Independent Director recently bought €46k worth of stockOn the 28th of April, Michael Ingelog bought around 5k shares on-market at roughly €9.25 per share. This transaction increased Michael's direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €1.0m more in shares than they have sold in the last 12 months.
Buying Opportunity • Apr 30Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 29%. The fair value is estimated to be €11.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 9.3% in 2 years. Earnings is forecast to grow by 77% in the next 2 years.
Upcoming Dividend • Apr 20Upcoming dividend of kr1.50 per share at 1.3% yieldEligible shareholders must have bought the stock before 27 April 2023. Payment date: 04 May 2023. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.7%).
Reported Earnings • Apr 08Full year 2022 earnings released: EPS: kr4.23 (vs kr4.94 loss in FY 2021)Full year 2022 results: EPS: kr4.23 (up from kr4.94 loss in FY 2021). Net income: kr57.8m (up kr125.2m from FY 2021). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
Recent Insider Transactions • Feb 22Chief Strategy Officer recently sold €63k worth of stockOn the 15th of February, Haydn Povey sold around 5k shares on-market at roughly €12.60 per share. This transaction amounted to 3.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €991k more than they sold in the last 12 months.
Reported Earnings • Feb 10Full year 2022 earnings released: EPS: kr4.24 (vs kr4.94 loss in FY 2021)Full year 2022 results: EPS: kr4.24 (up from kr4.94 loss in FY 2021). Revenue: kr473.0m (up 33% from FY 2021). Net income: kr57.8m (up kr125.2m from FY 2021). Profit margin: 12% (up from net loss in FY 2021). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 10+ 1 more updateIAR Systems Group AB (publ), Annual General Meeting, Apr 26, 2023IAR Systems Group AB (publ), Annual General Meeting, Apr 26, 2023.
お知らせ • Jan 28IAR Systems fully supports the brand-new Industrial-Grade PX5 RTOSThe PX5 RTOS has just been launched, and IAR Systems, already offers full support for the new real-time operating system. The PX5 Industrial RTOS is an advanced 5th-generation RTOS designed for the most sophisticated and developed embedded applications. The PX5 RTOS helps embedded systems developers to manage the real-time scheduling of their multithreaded applications while increasing the quality, safety, and security of embedded devices. With PX5 RTOS being fully supported in IAR Embedded Workbench® for Arm®, developers can leverage an integrated development environment for seamlessly building and debugging their commercial safety-critical applications from source code to firmware. Accordingly, customers benefit from reduced time-to-market, improved device firmware quality, and portability across device platforms. The IAR Embedded Workbench is a complete development toolchain with a highly optimizing compiler and advanced debugging functions. Thousands of embedded developers worldwide value the powerful IAR C/C++ Compiler™ for its best-in-class optimizations. In conjunction with PX5 RTOS' minimal footprint of ca. 1KB, which automatically scales in size with regards to the application, companies can therefore reduce their BOM (Bill of Materials) by using smaller devices or adding more differentiating features to their existing platform. PX5 RTOS is deterministic regardless of system load, while IAR's code analysis tools C-STAT and C-RUN aim for a reliably tested code basis for demonstrably the highest code quality. For safety-critical applications, IAR Embedded Workbench for Arm is available as a functional safety edition certified by TÜV SÜD and complies with the requirements of ISO 26262. The PX5 RTOS features a native implementation of the industry standard POSIX pthreads API as well as best-of-class size and performance. As for safety and security, the PX5 RTOS provides Pointer/Data Verification (PDV) technology, which developers can leverage at run-time to verify function return addresses, function pointers, system objects, global data, and memory pools. This technology is unique to the PX5 RTOS. In addition to the native POSIX pthread support (semaphore, mutex, message queue, etc.), the PX5 RTOS also offers real-time extensions such as event flags, fast queues, tick timers, memory management, and more. Given the PX5 RTOS industry-standard POSIX pthreads API support, a wide range of software stacks are instantly enabled - both open source and commercial - for real-time embedded IoT platforms.
Buying Opportunity • Jan 20Now 21% undervaluedOver the last 90 days, the stock is up 24%. The fair value is estimated to be €17.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Nov 17IAR Systems Announces the Full Support of Their Latest Release of IAR Embedded Workbench for RISC-V for the CoDense™ Extension of Andes Technology's AndeStar™ V5 RISC-V ProcessorIAR Systems has just announced the full support of their latest release of IAR Embedded Workbench for RISC-V for the CoDense™ extension of Andes Technology's AndeStar™ V5 RISC-V processor. CoDense™ is a patented extension of the processor's ISA (Instruction Set Architecture) which helps IAR's toolchain to generate a compact code - for saving flash memory on the target processor while the previously supported AndeStar™ V5 DSP/SIMD and Performance extensions help deliver higher application performance. IAR Systems has already supported the AndesCore™ RISC-V CPU IP at an early stage, offering customers a complete development toolchain including the powerful IAR C/C++ Compiler™ and a comprehensive debugger, which is also available in an ISO 26262 conforming functional safety certified edition. Andes is a founding Premier member of RISC-V International and a leading supplier of high-performance/low-power 32/64-bit embedded processor IP solutions. The joint solutions from Andes and IAR Systems with their robust design methodology for safety applications help customers accelerating development including the certification process and therefore their products' time to market. CoDense™ in AndeStar™ V5 is an Andes-extended feature for code size compression on top of the extensible RISC-V standard instructions. The extension has already been proven in more than 10 billion SoCs with AndeStar™ V3 processors. Besides the support for CoDense™, the latest version 3.11 of the IAR Embedded Workbench for RISC-V comes with a "P" extension 0.9.11 support (Standard Extension for Packed-SIMD Instructions) and enhanced SMP (Symmetric Multi-Processing) and AMP (Asymmetric Multi-Processing) multicore debugging. Developers will also appreciate the new IAR Build and IAR C-SPY Debug extensions for Visual Studio Code, so they can utilize IAR Systems' powerful tools for building and debugging their code within the Visual Studio Code editor. The proven IAR Embedded Workbench is on the rise among RISC-V developers with its best-in-class code size optimizations, which allows companies to use smaller devices or add even more functionality to an existing platform. The code is generated using the toolchain's advanced optimization technology and convinces in CoreMark tests from the EEMBC Certification Lab with its fast code and performance. The included C-SPY Debugger gives developers full control of the application in real-time, amongst others by using complex breakpoints, profiling, code coverage, timeline with interrupt, and power logging. Fully integrated code analysis tools ensure compliance with specific standards like MISRA C (2004 and 2012) as well as the best programming practices like Common Weakness Enumeration (CWE) and CERT C Secure Coding Standard. Being certified for functional safety development itself, the IAR Embedded Workbench for RISC-V comes with a safety report and safety guide for ten different standards, e.g. for automotive or industrial applications.
Reported Earnings • Oct 28Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr117.4m (up 34% from 3Q 2021). Net income: kr16.8m (up 5.7% from 3Q 2021). Profit margin: 14% (down from 18% in 3Q 2021). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Software industry in Germany.
お知らせ • Oct 14Första AP-fonden acquired an unknown minority stake in IAR Systems Group AB (publ) for approximately SEK 120 million.Första AP-fonden acquired an unknown minority stake in IAR Systems Group AB (publ) for approximately SEK 120 million on October 13, 2022.Första AP-fonden completed the acquisition of an unknown minority stake in IAR Systems Group AB (publ) on October 13, 2022.
お知らせ • Oct 12+ 3 more updatesIAR Systems Group AB (publ) to Report Nine Months, 2023 Results on Oct 25, 2023IAR Systems Group AB (publ) announced that they will report nine months, 2023 results on Oct 25, 2023
Reported Earnings • Aug 18Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: kr118.1m (up 35% from 2Q 2021). Net income: kr14.3m (up 55% from 2Q 2021). Profit margin: 12% (up from 11% in 2Q 2021). Over the next year, revenue is forecast to grow 11%, compared to a 7.8% growth forecast for the Software industry in Germany.
お知らせ • Jun 21IAR Systems Enable Visual Studio Code Extensions to Meet Developer DemandsIAR Systems presented Visual Studio Code extensions for IAR Systems embedded software development solutions. Now available at Visual Studio Code Marketplace, these extensions enable developers to work in Visual Studio Code while at the same time taking advantage of the powerful capabilities of the IAR Systems' software solutions specialized in embedded systems. For many years, IAR Systems and Azure RTOS have delivered the higher level of product integration, including the Azure RTOS ThreadX kernel integration in the IAR Embedded Workbench debugger. This debugger integration with Microsoft's Embedded Tools extension includes the ability to view all Azure RTOS ThreadX objects, set thread-specific breakpoints, view suspended thread's call stacks, and view the unique execution profile and performance monitoring features in Azure RTOS ThreadX. The new IAR Systems' extensions bring the same high level and integration capabilities to the Visual Studio Code community. In addition, this gives IoT developers a seamless development experience from prototyping to delivered product, enabling a fully GitHub-based automated development workflow.
お知らせ • Jun 14IAR Systems Announces the Latest Version of the Complete Development Toolchain IAR Embedded Workbench® for ArmIAR Systems announced the latest version of the complete development toolchain IAR Embedded Workbench® for Arm. Version 9.30 extends its wide support of Arm® cores by adding support for the latest high-performance Arm Cortex®-M85 processor. IAR Embedded Workbench for Arm is the preferred embedded software development solution for thousands of developers worldwide. With the powerful code optimization capabilities, developers can get the most out of the performance of the chosen MCU while at the same time keeping the application as power efficient as possible. The solution also provides extensive debugging and analysis possibilities such as static and runtime analysis tools, complex code and data breakpoints, runtime stack analysis, call stack visualization, code coverage analysis and integrated monitoring of power consumption. In the latest release, the tools also support Arm Cortex-M Custom Instructions. For efficient automated workflows, IAR Build Tools for Arm enable cross platform-based frameworks and large-scale deployments of critical software building and testing.
Recent Insider Transactions • May 11Independent Chairman of the Board recently bought €999k worth of stockOn the 4th of May, Nicolas Hassbjer bought around 100k shares on-market at roughly €9.99 per share. This was the largest purchase by an insider in the last 3 months. This was Nicolas' only on-market trade for the last 12 months.
Reported Earnings • Apr 27First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: kr110.5m (up 24% from 1Q 2021). Net income: kr12.0m (down 6.2% from 1Q 2021). Profit margin: 11% (down from 14% in 1Q 2021). Over the next year, revenue is forecast to grow 14%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 27+ 1 more updateI.A.R. Systems Group AB Elects Sabina Lind as New Board MemberI.A.R. Systems Group AB at the annual general meeting held on April 26, 2022 approved to elect Sabina Lindén as new board member.
お知らせ • Apr 09IAR Systems Brings Low-Code State Machine Design Solution to LinuxIAR Systems® announced the latest version of the graphical modeling and code generation solution IAR Visual State. The new version introduces cross-platform host support that allows IAR Visual State to run on either Linux or Windows, enabling flexible and efficient development workflows based on state machines. Embedded systems are often developed by large and distributed teams with different skills. State machines and low-code development can be used as a common language for everyone in the team to understand and more efficiently build complex designs together. IAR Visual State is made specifically for embedded systems, allowing developers to use state machines in an easy, intuitive way. The solution enables teams to graphically design state machines and generate C, C++, C# or Java source code for embedded systems as well as smartphone or desktop applications, speeding up time to prototype. With IAR Visual State, developers can graphically develop Java and C# applications in the same environment as C/C++ applications, dramatically reducing the risk of accidentally creating differences in functions as well as simplifying maintenance when developing systems containing both embedded and mobile or desktop applications. IAR Visual State also enables developers to perform simulation and validation at the same time for the different variants of the application, ensuring high-quality code and efficient project management, as well as reduce the time spent on the implementation of designs, shortening the time to market. In addition, functional safety standards, for example the IEC 61508, recommends state machines as one design method to meet higher Safety Integrity Levels.
お知らせ • Mar 31IAR Systems enables powerful AI/ML applications based on Alif Semiconductor's microcontrollers and fusion processorsIAR Systems announced that its leading development solutions for Arm® now provides support for the Ensemble™ and Crescendo™ families of AI-enabled, power efficient microcontrollers (MCUs) and fusion processors from Alif Semiconductor™. The renowned development toolchain IAR Embedded Workbench® for Arm brings high performance and strong code optimizations capabilities to companies choosing Ensemble or Crescendo devices. Alif Semiconductor's power efficient product families scale by offering up to four processing cores plus AI/ML acceleration, multi-layered security, integrated LTE Cat-M1 and NB-IoT connectivity, global navigation satellite system (GNSS) positioning and much more. IAR Embedded Workbench for Arm provides powerful code optimizations to assist developers in getting the most out of the performance of a device and yet stay as energy efficient as possible.
Reported Earnings • Feb 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: kr4.94 loss per share (down from kr4.36 profit in FY 2020). Revenue: kr358.0m (down 3.8% from FY 2020). Net loss: kr67.4m (down 213% from profit in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 15%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Dec 24Investor sentiment improved over the past weekAfter last week's 18% share price gain to €10.26, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 29x in the Software industry in Germany. Total loss to shareholders of 55% over the past three years.
Reported Earnings • Oct 28Third quarter 2021 earnings releasedThe company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: kr90.0m (up 1.2% from 3Q 2020). Net income: kr15.9m (down 15% from 3Q 2020). Profit margin: 18% (down from 21% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Aug 18Second quarter 2021 earnings releasedThe company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr87.4m (down 13% from 2Q 2020). Net income: kr9.20m (down 48% from 2Q 2020). Profit margin: 11% (down from 18% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 19% per year.
お知らせ • Jun 24IAR Systems Extends Development Tools Performance Capabilities for Andes RISC-V CoresIAR Systems presented a new version of its professional development tools for RISC-V. With the latest release, the complete development toolchain IAR Embedded Workbench® for RISC-V adds support for latest Andes RISC-V extension and devices, enabling maximized performance in RISC-V-based applications. Through its excellent optimization technology, IAR Embedded Workbench for RISC-V helps developers ensure the application fits the required needs and optimize the utilization of on-board memory. With the support of the AndeStar™ V5 RISC-V Performance Extension, developers can use IAR Embedded Workbench to create applications with increased performance and reduced code size. The toolchain supports all Andes 32-bit V5 RISC-V cores, including the N22, N25F, D25F, A25, A27, N45, D45 and A45. The RISC-V Packed SIMD/DSP extension specification (RVP draft) and the corresponding intrinsic functions as well as Andes DSP libraries are supported. IAR Embedded Workbench for RISC-V is a complete C/C++ compiler and debugger toolchain with everything embedded developers need integrated in one single IDE. To ensure code quality, the toolchain includes C-STAT® for static code analysis. C-STAT proves code alignment with industry standards like MISRA C:2012, MISRA C++:2008 and MISRA C:2004, and also detects defects, bugs, and security vulnerabilities as defined by CERT C and the Common Weakness Enumeration (CWE). For companies working with safety-critical applications, IAR Embedded Workbench for RISC-V is available in a functional safety edition certified by TÜV SÜD according to IEC 61508, ISO 26262, IEC 62304, EN 50128, EN 50657, IEC 60730, ISO 13849, IEC 62061, IEC 61511 and ISO 25119, delivering qualified tools, simplified validation and guaranteed support through the product life cycle.
お知らせ • Jun 22IAR Systems Enables Advantech to Innovate Smart Industrial Iot Edge DevicesIAR Systems announced that its development tools have enabled Advantech, a global leader in Industrial Internet of Things (IIoT) technology, to successfully develop their latest remote I/O data acquisition module, ADAM-6300. ADAM-6300 is able to serve as an intelligent network node in an IoT application, to meet the needs of environmental monitoring, make application configurations easier and faster and assist companies in their digital transformation. The rapid development of IIoT has led to a substantial growth in the demand for smart edge devices. Advantech's ADAM-6300 is an OPC UA remote I/O data acquisition module that does not require an external gateway, and can be directly connected to SCADA, database or public cloud services. It supports OPC UA (Open Platform Communications Unified Architecture) function and includes built-in hardware security protection. ADAM-6300 is highly recommended for applications such as water treatment, machine management, and production process monitoring. IAR Embedded Workbench is a complete development toolchain with powerful code optimizations capabilities, which enables developers to generate small, fast code, improving the execution performance as well as reducing power consumption. Combined with its extensive debugging features, developers are to make their product development more efficient.
お知らせ • May 28IAR Systems and Secure Thingz present embedded security compliance solution for Renesas RXSystems and Secure Thingz, an IAR Systems Group company, presented Compliance Suite for Renesas RX. Compliance Suite provides developers and organizations with the security development tools, practical guidance and knowledge needed to rapidly build applications that are compliant with security legislation, such as the Consumer IoT Security Standard EN 303 645, UK & Australian 13 Best Practices, and the evolving US Cybersecurity Improvement Act. The Compliance Suite for Renesas RX is specifically designed for applications based on the Renesas RX family of microcontrollers. Many Renesas RX MCUs include the Trusted Secure IP technology, which offers multiple security features. The Renesas RX65N with TSIP was the first general-purpose MCU to achieve Cryptographic Module Validation Program Level 3 certification from the Federal Information Processing Standard Publication 140-2 by the US National Institute of Standards and Technology. This integrated technology can be leveraged through Secure Thingz technology, achieving compliance with key requirements of the EN 303 645 standard. Compliance Suite for Renesas RX delivers a set of security development tools that are all integrated with the development toolchain IAR Embedded Workbench. With the security development tool C-Trust, developers are able to automatically deliver secure, encrypted code. Combined with Preconfigured Security Contexts, which define the configuration of a trusted execution environment, developers are able to ensure they remain in control of system operation and into the future. The Preconfigured Security Contexts included with Compliance Suite are designed for Renesas RX MCUs. In addition, Compliance Suite for Renesas RX includes practical guidance through a package of courses led by Secure Thingz' in-house security experts, covering topics such as introduction to embedded security and available tools, and legislation overview, as well as hands-on guides on how to meet security compliance. With new legislation for IoT security and privacy rapidly being introduced globally, compliance according to these regulations is a challenge for all organizations and developers working with embedded applications. The IoT Security Foundation, a non-profit industry association where Secure Thingz is a founding member, has developed an IoT Security Compliance Framework, enabling organizations to implement a self-certification methodology that covers 13 Best Practices for Security and Secure by Design guidelines. The Consumer IoT Security Standard EN 303 645, based on the 13 Best Practices, is widely regarded as the security benchmark for Consumer IoT. Both the standard and the guidelines contain core security requirements for applications, which developers should achieve. Compliance Suite from IAR Systems and Secure Thingz enables organizations to rapidly build applications with these core requirements included, providing security for existing applications as well as adding security guidelines for new functionality to future proof next-generation embedded applications.
お知らせ • May 21IAR Systems Boosts Development of Embedded Applications Based on NXP's i.MX RT1160 crossover MCUsIAR Systems announced that the latest version of the development toolchain IAR Embedded Workbench for Arm adds support for NXP's latest crossover MCU - the i.MX RT1160 MCU. This is in addition to the already supported i.MX RT1170, i.MX RT1064, i.MX RT1060, i.MX RT1050 i.MX RT1024, i.MX RT1020, i.MX RT1015, i.MX RT1010, i.MX RT600 and i.MX RT500 MCU families. IAR Embedded Workbench for Arm delivers a complete C/C++ compiler and debugger toolchain, including powerful optimizations and comprehensive debugging capabilities. It also includes integrated static and runtime analysis tools, user-friendly features for helping developers in the daily workflow, as well as a powerful RTOS awareness plugin that enables a high level of control and visibility over an application built on top of a real-time operating system. With the strong technology, IAR Systems offers global technical support and a support and update service enabling customers to easily get access to the latest features and updates. For companies with a need for scalable build server topologies for Continuous Integration/Continuous Delivery pipelines, IAR Build Tools for Linux, based on the powerful build tools in IAR Embedded Workbench, help to streamline automated workflows. In addition, the build tools in IAR Embedded Workbench for Arm are certified for functional safety.
お知らせ • May 13IAR Systems Extends Product Portfolio for Streamlined Linux-Based Automated WorkflowsIAR Systems presented the latest addition to its powerful build tools for Linux, which are based on the well-known build tools in the development toolchain IAR Embedded Workbench®. The extended tools now support deployment in Linux-based frameworks for Renesas' low-power RL78 microcontrollers (MCUs), enabling organizations to streamline building and testing workflows. Present embedded applications are smarter, more feature-rich and more complex than even before. This drives a need in making the software development environments scalable and flexible. Present development practices also require that organizations have automated processes that ensure quality all the way from development into building and testing. IAR Build Tools for Linux make it possible to optimize resources when it comes to the time developers spend in their projects, as well as to manage and utilize licenses and servers in an optimal way. The tools can be easily integrated into different build systems, such as CMake and Ninja, and the command line build utility IARBuild streamlines building for easy integration with Continuous Integration engines like Jenkins and Bamboo, or with docker containers. With the integrated static analysis tool C-STAT®, developers can ensure code quality throughout the development and testing process. C-STAT proves code alignment with industry standards like MISRA C:2012, MISRA C++:2008 and MISRA C:2004, and also detects defects, bugs, and security vulnerabilities as defined by CERT C and the Common Weakness Enumeration (CWE). IAR Build Tools for Linux include the highly optimizing IAR C/C++ Compiler™, IAR Assembler, Linker and library tools, C-STAT, IARBuild, and runtime libraries. The IAR C/C++ Compiler adheres to a freestanding implementation of the C18 (ISO/IEC 9899:2018) programming language standard and supports all C++17 features. In addition, C++14 (ISO/IEC 14882:2015), C11 (ISO/IEC 9899:2012), C89 (ANSI X3.159-1989) and the IEEE 754 standard for floating-point arithmetic are supported.
Executive Departure • Apr 30Independent Chairman of the Board Maria Wasing has left the companyOn the 27th of April, Maria Wasing's tenure as Independent Chairman of the Board ended after 4.0 years in the role. We don't have any record of a personal shareholding under Maria's name. Maria is the only executive to leave the company over the last 12 months.
Reported Earnings • Apr 29First quarter 2021 earnings releasedThe company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: kr88.9m (down 3.7% from 1Q 2020). Net income: kr12.8m (up 15% from 1Q 2020). Profit margin: 14% (up from 12% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 17% per year.
Reported Earnings • Mar 28Full year 2020 earnings released: EPS kr4.36 (vs kr5.96 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr372.0m (down 8.3% from FY 2019). Net income: kr59.4m (down 27% from FY 2019). Profit margin: 16% (down from 20% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.
お知らせ • Mar 05IAR Systems Announces Availability of RISC-V Development Tools with Certification for IEC 61508 and ISO 26262IAR Systems® announces the availability of a certified edition of its development toolchain for RISC-V. The functional safety edition of IAR Embedded Workbench® for RISC-V is certified by TÜV SÜD according to the requirements of IEC 61508, the international umbrella standard for functional safety, as well as ISO 26262, which is used for automotive safety-related systems. In addition, the certification covers the international standard IEC 62304, which specifies life cycle requirements for the development of medical software and software within medical devices, and the European railway standards EN 50128 and EN 50657. Also covered are IEC 60730 for Household Appliances, ISO 13849 and IEC 62061 for Machinery Control Systems, IEC 61511 for Process Industry and ISO 25119 for Agriculture and Forestry. Functional safety is one of the most important features in many embedded systems and companies must consider development tools as an integral part of the system certification. The proof of compliance for the tools increases cost and time of development. To solve this problem, IAR Systems provides certified editions of the complete compiler and debugger toolchain IAR Embedded Workbench. The tests performed and quality assurance measures implemented by IAR Systems have shown that IAR Embedded Workbench for RISC-V complies with the testing criteria specified by the respective standards and is suitable for use in safety-related development. IAR Embedded Workbench is certified by TÜV SÜD. IAR Embedded Workbench for RISC-V is a complete development toolchain including the highly optimizing IAR C/C++ Compiler™ and the C-SPY® Debugger. The software is complemented by native debugging and trace probes. The debug probe I-jet supports on-chip RAM buffered trace, in addition to fast JTAG/cJTAG/DAP debug and is complemented by the powerful trace probe I-jet Trace, which can livestream trace information for code coverage and profiling purposes. The functional safety edition of IAR Embedded Workbench includes a functional safety certificate, a safety report from TÜV SÜD and a Safety Manual. With the certified tools, IAR Systems provides a Functional Safety Support and Update Agreement with guaranteed support for the sold version for the longevity of the contract. Along with prioritized technical support, the agreement includes access to validated service packs and regular reports of known deviations and problems. Functional safety certification for IAR Embedded Workbench for RISC-V, version 1.40, is available now.
お知らせ • Mar 03IAR Systems adds Functional Safety certification for build tools for LinuxIAR Systems announced that its build tools supporting deployment in Linux-based frameworks has been certified by TÜV SÜD for functional safety development. The certification covers IAR Build Tools for Linux for Arm®, and has been performed according to the requirements of IEC 61508, the international umbrella standard for functional safety, as well as ISO 26262, which is used for automotive safety-related systems. In addition, the certification covers the international standards IEC 62304 for medical software, IEC 60730 for Household Appliances, ISO 13849 and IEC 62061 for Machinery Control Systems, IEC 61511 for Process Industry, ISO 25119 for Agriculture and Forestry, and the European railway standards EN 50128 and EN 50657.IAR Build Tools for Linux make it possible to optimize resources when it comes to the time developers spend in their projects, as well as to manage and utilize licenses and servers in an optimal way. The tools can be easily integrated into different build systems, such as CMake and Ninja, and the command line build utility IARBuild streamlines building for easy integration with Continuous Integration engines like Jenkins and Bamboo, or with docker containers. With the integrated static analysis tool C-STAT®, developers can ensure code quality throughout the development and testing process. C-STAT proves code alignment with industry standards like MISRA C:2012, MISRA C++:2008 and MISRA C:2004, and also detects defects, bugs, and security vulnerabilities as defined by CERT C and the Common Weakness Enumeration (CWE). IAR Build Tools for Linux include the highly optimizing IAR C/C++ Compiler™, IAR Assembler, Linker and library tools, IARBuild and runtime libraries. The IAR C/C++ Compiler adheres to a freestanding implementation of the C18 (ISO/IEC 9899:2018) programming language standard and supports all C++17 features. In addition, C++14 (ISO/IEC 14882:2015), C11 (ISO/IEC 9899:2012), C89 (ANSI X3.159-1989) and the IEEE 754 standard for floating-point arithmetic are supported. IAR Systems now also introduces 64-bit device support in IAR Build Tools for Linux. The functional safety edition of IAR Build Tools for Linux includes a functional safety certificate, a safety report from TÜV SÜD and a Safety Manual. With the certified tools, IAR Systems provides a Functional Safety Support and Update Agreement with guaranteed support for the sold version for the longevity of the contract.
Is New 90 Day High Low • Feb 24New 90-day low: €12.82The company is down 5.0% from its price of €13.50 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.98 per share.
お知らせ • Feb 23IAR Systems Group AB (publ) Systems Introduces 64-Bit Arm Core Support in Leading Embedded Development ToolsIAR Systems Group AB (publ) announced that its C/C++ development toolchain IAR Embedded Workbench® for Arm® now supports 64-bit Arm cores including Arm Cortex®-A35, Cortex-A53 and Cortex-A55. Through IAR Embedded Workbench, IAR Systems provides its customers with the market's most diverse microcontroller support as well as adapted licensing options to fit different organizations' needs. In the embedded industry, more and more applications are being based on 64-bit cores, specifically within low-power applications, deeply embedded and handheld devices. In these application areas, IAR Embedded Workbench has a strong foothold and is the toolchain of choice for many companies to reach maximum performance and energy efficiency. By supporting leading-edge designs needing the performance from 64-bit Arm cores, IAR Systems now enables its customers to make use of the toolchain's leading optimization technology also for 64-bit devices. In addition, integrated code analysis tools ensure code quality, and for simplified functional safety certification, a pre-certified version of the toolchain is available. Complementing the highly optimizing build tools, IAR Embedded Workbench for Arm offers extensive debugging and analysis possibilities such as complex code and data breakpoints, runtime stack analysis, call stack visualization, code coverage analysis and integrated monitoring of power consumption. The company's I-jet debugging probes and the high-performance C-SPY Debugger 64-bit instruction set simulator offer further capabilities for seamless and flexible development workflows. The toolchain enables multicore debugging of combined Cortex-A (32/64-bit), Cortex-R (32-bit) and Cortex-M (32-bit) devices and System-On-Chips (SoCs). IAR Embedded Workbench for Arm also provides pre-integrated software solutions from leading real-time operating systems (RTOS) and middleware vendors.
Reported Earnings • Feb 10Full year 2020 earnings released: EPS kr4.36 (vs kr5.96 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr372.0m (down 8.3% from FY 2019). Net income: kr59.4m (down 27% from FY 2019). Profit margin: 16% (down from 20% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year and the company’s share price has also fallen by 11% per year.
Analyst Estimate Surprise Post Earnings • Feb 10Revenue misses expectationsRevenue missed analyst estimates by 1.4%. Over the next year, revenue is forecast to grow 13%, compared to a 22% growth forecast for the Software industry in Germany.
お知らせ • Feb 10+ 4 more updatesIAR Systems Group AB (publ) to Report Fiscal Year 2020 Results on Mar 22, 2021IAR Systems Group AB (publ) announced that they will report fiscal year 2020 results on Mar 22, 2021
Is New 90 Day High Low • Jan 20New 90-day high: €14.90The company is up 12% from its price of €13.26 on 22 October 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.69 per share.
Recent Insider Transactions • Dec 25Independent Director recently sold €815k worth of stockOn the 21st of December, Fred Wikström sold around 63k shares on-market at roughly €13.01 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €802k more than they bought in the last 12 months.
お知らせ • Nov 18IAR Systems Delivers Efficient Building and Testing in Linux-Based Environments for Renesas RX MCUsIAR Systems announced it adds support for Renesas RX microcontrollers (MCUs) in build tools supporting implementation in Linux-based frameworks for automated application build and test processes. This addition further extends IAR Systems' offering for flexible automated workflows. Modern industrial applications are smarter, more feature-rich and more complex than even before. This drives a need in making the software development environments scalable and flexible. Today's development practices also require that organizations have automated processes that ensure quality all the way from development into building and testing. IAR Build Tools for Linux streamline these processes and make it possible for organizations to optimize resources when it comes to the time developers spend in their projects, as well as to manage and utilize licenses and servers in an optimal way. The tools can be easily integrated into different build systems, such as CMake or Ninja, and the command line build utility IARBuild streamlines building for easy integration with Continuous Integration engines like Jenkins and Bamboo. With the included static analysis tool C-STAT, developers can ensure code quality throughout the development and testing process. C-STAT proves code alignment with industry standards like MISRA C:2012, MISRA C++:2008 and MISRA C:2004, and also detects defects, bugs, and security vulnerabilities as defined by CERT C and the Common Weakness Enumeration (CWE). IAR Build Tools for Linux include the highly optimizing IAR C/C++ Compiler™, IAR Assembler, Linker and library tools, IARBuild and runtime libraries. The IAR C/C++ Compiler adheres to a freestanding implementation of the C18 (ISO/IEC 9899:2018) programming language standard and supports all C++17 features. In addition, C++14 (ISO/IEC 14882:2015), C11 (ISO/IEC 9899:2012), C89 (ANSI X3.159-1989) and the IEEE 754 standard for floating-point arithmetic are supported.