View Past PerformanceIrisity 대차대조표 건전성재무 건전성 기준 점검 1/6Irisity 의 총 주주 지분은 SEK259.7M 이고 총 부채는 SEK18.1M, 이는 부채 대 자기자본 비율을 7% 로 가져옵니다. 총자산과 총부채는 각각 SEK381.2M 및 SEK121.5M 입니다.핵심 정보6.98%부채/자본 비율SEK 18.13m부채이자보상배율n/a현금SEK 1.80m자본SEK 259.71m총부채SEK 121.49m총자산SEK 381.20m최근 재무 건전성 업데이트분석 기사 • Jun 24Here's Why We're Not At All Concerned With Irisity's (STO:IRIS) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, Irisity ( STO:IRIS...모든 업데이트 보기Recent updatesNew Risk • Jun 25New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: kr93.0m (US$9.51m) This is considered a major 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr31m free cash flow). Share price has been highly volatile over the past 3 months (63% average weekly change). Earnings have declined by 33% per year over the past 5 years. Shareholders have been substantially diluted in the past year (130% increase in shares outstanding). Market cap is less than US$10m (kr93.0m market cap, or US$9.51m).Reported Earnings • May 29First quarter 2026 earnings released: kr0.10 loss per share (vs kr0.48 loss in 1Q 2025)First quarter 2026 results: kr0.10 loss per share (improved from kr0.48 loss in 1Q 2025). Revenue: kr25.7m (up 8.9% from 1Q 2025). Net loss: kr38.4m (loss narrowed 22% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 62% per year, which means it is significantly lagging earnings.공시 • May 19Irisity AB (publ), Annual General Meeting, Jun 18, 2026Irisity AB (publ), Annual General Meeting, Jun 18, 2026, at 15:00 W. Europe Standard Time. Location: company premises, at lindholmspiren 7c in gothenburg, gothenburg SwedenReported Earnings • Mar 23Full year 2025 earnings released: kr1.14 loss per share (vs kr3.05 loss in FY 2024)Full year 2025 results: kr1.14 loss per share (improved from kr3.05 loss in FY 2024). Revenue: kr107.2m (down 4.9% from FY 2024). Net loss: kr185.3m (loss narrowed 14% from FY 2024).공시 • Mar 19+ 3 more updatesIrisity AB (publ) to Report Q3, 2026 Results on Nov 17, 2026Irisity AB (publ) announced that they will report Q3, 2026 results on Nov 17, 2026Board Change • Dec 17Less than half of directors are independentThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Director Inna Kaushan is the most experienced director on the board, commencing their role in 2024. Independent Director Bjorn Eilertsen was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.공시 • Dec 05Irisity AB Announces Formation of Independent Bid Committee and Changes in Board Committee CompositionIrisity AB has, within the Board of Directors, appointed an independent bid committee, which will handle matters relating to the Offer. The independent bid committee consists of the independent board member Bjørn Skou Eilertsen. Inna Kaushan is a member of the Board of Directors of Irisity and Chairman of the Board of Directors of Stockhorn. She is also a partner in Stockhorn and has Board assignments in most of the companies in which Stockhorn has invested. Lucas de Mendoza is Chairman of the Board of Directors of Irisity and Senior Advisor to Stockhorn. Neither Inna Kaushan nor Lucas de Mendoza have participated in, and will not participate in, Irisity’s decisions regarding or the handling of matters relating to the Offer. The Independent Bid Committee therefore does not consist of a sufficient number of Board members to constitute a quorum but will comply with the Swedish Stock Market Self-Regulation Committee’s Takeover Rules for certain trading platforms.공시 • Nov 21Irisity AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 26.058914 million.Irisity AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 26.058914 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 217,157,616 Price\Range: SEK 0.12 Transaction Features: Rights Offering공시 • Sep 27Irisity AB (Publ) Announces CEO ChangesIrisity AB (publ) announced that the Board of Directors has unanimously resolved to relieve Mr. Keven Marier of his duties as Chief Executive Officer, effective immediately. The Board has simultaneously appointed Gustav Zaar, the Company's Chief Financial Officer, as Interim CEO to ensure strong leadership continuity and effective oversight of the ongoing transformation program. Gustav Zaar brings over 17 years of experience in key finance leadership roles, including 6 years as CFO at Hansen and Lin Education, 7 years of experience in Business Controlling, and 4 years within audit at PwC. During his career, Gustav Zaar has gained extensive experience working with both small and large publicly listed companies, showcasing his ability to drive financial growth and operational efficiency. He holds a master's degree from School of Business, Economics and Law at University of Gothenburg. The Board also confirmed that it will initiate the search for a permanent Chief Executive Officer once the transition period is completed in 2026. Mr. Marier will remain available to advise and support the Board during the coming months, although he will step down immediately from all executive functions.공시 • Sep 18Irisity AB (publ) Announces Executive ChangesIrisity AB (publ) announced simplification plan with the promotion of Victor Hagelbäck as Group CTO and responsible for all of Irisity's AI technology platforms and R&D operations. Victor Hagelbäck, Irisity's Chief Growth Officer, is promoted to Irisity's Group CTO and will be leading both Gothenburg and Budapest R&D operations. He has been part of Irisity's leadership team for since 2012, where he was Irisity's CTO from 2012 to 2019. Victor has Master of Science from Chalmers University of Technology and has been with Irisity for 16 years, serving in all key R&D leadership roles, including COO, CPO, and currently CGO. This promotion is part of Irisity's simplification plans and will further streamline the company's R&D operations. Zvika Ashani, co-founder of Agent Video Intelligence and Irisity Group CTO, will start a six-month handover process, ensuring a successful consolidation of the R&D operations from Tel Aviv to Gothenburg, Sweden. In addition, György Balogh, co-founder of Ultinous and currently Irisity Chief Product Officer, has decided to leave Irisity. György will start a three-month handover process to Victor and Attila Megyesi, VP of Engineering, Budapest. Starting in January 2026, György will serve as a strategic advisor supporting the continued productization of Generative AI capabilities within Irisity's AI technology platforms.Reported Earnings • Aug 17Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: kr0.30 loss per share (improved from kr0.78 loss in 2Q 2024). Revenue: kr26.9m (down 20% from 2Q 2024). Net loss: kr37.9m (loss narrowed 6.9% from 2Q 2024). Revenue missed analyst estimates by 36%. Earnings per share (EPS) exceeded analyst estimates by 23%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Commercial Services industry in Sweden.공시 • Jun 30Irisity AB (Publ) Appoints Lucas De Mendoza as Chairman of the Board of DirectorsIrisity AB (publ) announced at the AGM held on June 30, 2025, approved Lucas de Mendoza was elected as new Chairman of the Board of Directors.공시 • May 29Irisity AB (publ), Annual General Meeting, Jun 30, 2025Irisity AB (publ), Annual General Meeting, Jun 30, 2025, at 15:00 W. Europe Standard Time. Location: at the companys premises, at lindholmspiren 7c, gothenburg, SwedenReported Earnings • May 14First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: kr0.43 loss per share. Revenue: kr24.5m (down 30% from 1Q 2024). Net loss: kr49.5m (loss widened 60% from 1Q 2024). Revenue missed analyst estimates by 27%. Earnings per share (EPS) exceeded analyst estimates by 46%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Commercial Services industry in Sweden.공시 • Apr 17Irisity AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 21.099857 million.Irisity AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 21.099857 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 52,749,643 Price\Range: SEK 0.4 Transaction Features: Rights OfferingMajor Estimate Revision • Apr 01Consensus revenue estimates decrease by 23%, EPS upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from kr145.0m to kr111.0m. EPS estimate increased from -kr1.23 to -kr1.08 per share. Commercial Services industry in Sweden expected to see average net income growth of 35% next year. Consensus price target down from kr1.50 to kr0.46. Share price fell 4.8% to kr0.38 over the past week.공시 • Mar 29Irisity AB (publ) Announces CFO ChangesIrisity AB (publ) announced that Katarina Priou will conclude her role as Interim CFO on March 28, 2025. Katarina has served as a consultant and interim CFO since November 2024, successfully bridging the transition following the departure of former CFO Anna Forsberg until the arrival of Gustav Zaar, join in April. During the short interim period between Katarina's departure and Gustav's start, Victor Hagelbäck, Irisity's Chief Growth Officer, will assume the role of Interim CFO. He has been part of Irisity's leadership team for since 2012 and part of the company since 2008 and has a Master of Science from Chalmers University of Technology. Victor brings a strong understanding of Irisity's operations and strategic direction, ensuring continued financial leadership and operational continuity.Reported Earnings • Mar 25Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: kr3.05 loss per share. Revenue: kr128.3m (down 12% from FY 2023). Net loss: kr216.1m (loss widened 63% from FY 2023). Revenue missed analyst estimates by 21%. Earnings per share (EPS) exceeded analyst estimates by 2.6%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Commercial Services industry in Sweden.분석 기사 • Mar 25Some Irisity AB (publ) (STO:IRIS) Shareholders Look For Exit As Shares Take 31% PoundingUnfortunately for some shareholders, the Irisity AB (publ) ( STO:IRIS ) share price has dived 31% in the last thirty...New Risk • Feb 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr68m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Market cap is less than US$10m (kr47.7m market cap, or US$4.50m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (kr122m net loss in 2 years).분석 기사 • Feb 05Investors Give Irisity AB (publ) (STO:IRIS) Shares A 26% HidingTo the annoyance of some shareholders, Irisity AB (publ) ( STO:IRIS ) shares are down a considerable 26% in the last...New Risk • Jan 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 37% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr68m free cash flow). Earnings have declined by 47% per year over the past 5 years. Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Market cap is less than US$10m (kr74.0m market cap, or US$6.63m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).공시 • Dec 14Irisity AB (Publ) Announces CFO ChangesIrisity AB (publ) announced the appointment of Katarina Priou as Interim Chief Financial Officer (CFO), effective immediately. Katarina brings extensive experience in financial strategy, fvaeadership, and business development. With a proven track record in financial management across various industries, Katarina has held senior finance roles in both listed and private companies. Katarina holds a master's degree in languages from the University of Gothenburg as well as a master's degree from the School of Business, Economics and Law at the University of Gothenburg. As communicated on November 1, an interim CFO was sought to ensure a smooth transition and maintain stability before the permanent CFO assumes the position. Katarina will serve in this capacity until Gustav Zaar, currently CFO for the CWS Business area at Foxway Group, joins Irisity. Gustav is expected to take on the CFO role no later than April 17, 2025.New Risk • Dec 02New major risk - Revenue and earnings growthEarnings have declined by 47% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr68m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 47% per year over the past 5 years. Market cap is less than US$10m (kr63.9m market cap, or US$5.83m). Minor Risk Shareholders have been diluted in the past year (37% increase in shares outstanding).공시 • Nov 29Irisity AB (publ) has completed a Composite Units Offering.Irisity AB (publ) has completed a Composite Units Offering. Security Name: Units Security Type: Equity/Derivative Unit Securities Offered: 6,722,994 Price\Range: SEK 8.4 Transaction Features: Rights OfferingReported Earnings • Nov 05Third quarter 2024 earnings released: kr0.68 loss per share (vs kr0.78 loss in 3Q 2023)Third quarter 2024 results: kr0.68 loss per share. Revenue: kr35.6m (down 15% from 3Q 2023). Net loss: kr45.5m (loss widened 42% from 3Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Commercial Services industry in Sweden.공시 • Nov 04+ 4 more updatesIrisity AB (publ) to Report Nine Months, 2025 Results on Nov 14, 2025Irisity AB (publ) announced that they will report nine months, 2025 results on Nov 14, 2025공시 • Nov 01Irisity AB (Publ) Announces Chief Financial Officer ChangesIrisity AB (publ) announced strengthens its executive management team through the recruitment of Gustav Zaar as Chief Financial Officer, CFO. Gustav Zaar currently holds the position as CFO for CWS Business area at Foxway Group and will join Irisity by latest April 17, 2025. Anna Forsberg who has served as Interim CFO since September 2023 and will be leaving the company at the end of 2024. A new interim CFO search has begun and will be utilized for any time gap between Anna Forsberg's departure and Gustav Zaar's start date. Gustav Zaar brings over 17 years of experience in key finance leadership roles, including 6 years as CFO at Hansen and Lin Education, 7 years of experience in Business Controlling, and 4 years within audit at PwC. During his career, Gustav Zaar has gained extensive experience working with both small and large publicly listed companies, showcasing his ability to drive financial growth and operational efficiency. He holds a master's degree from School of Business, Economics and Law at University of Gothenburg. Gustav Zaar will lead all financial operations, including strategic financial planning, budgeting, and investor relations, to support the continued growth and success of the Irisity group.분석 기사 • Oct 03Market Cool On Irisity AB (publ)'s (STO:IRIS) Revenues Pushing Shares 49% LowerTo the annoyance of some shareholders, Irisity AB (publ) ( STO:IRIS ) shares are down a considerable 49% in the last...New Risk • Oct 02New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: kr92.1m (US$8.98m) This is considered a major 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr79m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Shareholders have been substantially diluted in the past year (76% increase in shares outstanding). Market cap is less than US$10m (kr92.1m market cap, or US$8.98m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (kr117m net loss in 2 years).Major Estimate Revision • Aug 22Consensus revenue estimates decrease by 18%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from kr197.0m to kr162.0m. EPS estimate unchanged from -kr2.48 per share at last update. Commercial Services industry in Sweden expected to see average net income growth of 35% next year. Consensus price target of kr5.50 unchanged from last update. Share price fell 7.8% to kr2.36 over the past week.Reported Earnings • Aug 16Second quarter 2024 earnings released: kr0.78 loss per share (vs kr0.75 loss in 2Q 2023)Second quarter 2024 results: kr0.78 loss per share (further deteriorated from kr0.75 loss in 2Q 2023). Revenue: kr37.1m (up 1.8% from 2Q 2023). Net loss: kr40.7m (loss widened 43% from 2Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Commercial Services industry in Sweden.New Risk • Aug 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr76m free cash flow). Earnings have declined by 52% per year over the past 5 years. Shareholders have been substantially diluted in the past year (76% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (kr172.1m market cap, or US$16.3m).분석 기사 • Aug 13Irisity AB (publ) (STO:IRIS) Not Lagging Industry On Growth Or PricingWhen close to half the companies in the Commercial Services industry in Sweden have price-to-sales ratios (or "P/S...New Risk • Jul 02New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 52% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr76m free cash flow). Earnings have declined by 52% per year over the past 5 years. Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Minor Risk Market cap is less than US$100m (kr227.1m market cap, or US$21.3m).공시 • May 31Irisity AB (publ) Announces Board ChangesIrisity AB (publ) at its AGM held on 30 May 2024 elected Bjørn Skou Eilertsen, Lucas de Mendoza and Inna Kaushan as new board members. Bjørn Skou Eilertsen was elected new chairman of the board of directors.공시 • May 30+ 1 more updateIrisity AB (publ) (OM:IRIS) acquired Ultinous Ltd.Irisity AB (publ) (OM:IRIS) agreed to acquire Ultinous Ltd. for SEK 45 million on February 28, 2024. The purchase price for all Ultinous shares is intended to be paid by way of the In-kind Issue consisting of 9 million new shares in Irisity at a subscription price of SEK 5.00 per share. The subscription price has been set after arm’s length negotiations with the sellers of Ultinous, and it is the board of directors' assessment that the subscription price, corresponding to a premium of approximately 17.9% against the closing price of Irisity’s shares on Nasdaq First North Growth Market on February 28, 2024, is on market terms and conditions. The reason for deviating from the shareholders preferential rights is that a prerequisite for Irisity to be able to complete the acquisition of Ultinous is that the Company pays the purchase price by issuing its own shares to the sellers of Ultinous. In conjunction with the Acquisition, and as part of the term sheet, Stockhorn Capital AB will invest SEK 45 million in Irisity through a directed share issue on the same terms as in the In-kind Issue, i.e., SEK 5.00 per share. The Acquisition, the In-Kind Issue, and the Directed Issue are subject to national FDI Regulation requiring approval from Swedish and Hungarian authorities. Notice convening the extraordinary general meeting to authorize the board of Irisity on the In-kind Issue and the Directed Issue will be published separately. Penser by Carnegie Investment Bank AB (publ) and Advokatfirman Vinge KB as financial and legal advisers to Irisity AB (publ) (OM:IRIS) in connection with the transaction. Irisity AB (publ) (OM:IRIS) completed the acquisition of Ultinous Ltd. on May 29, 2024. The acquisition has received the approval from Swedish and Hungarian authorities.공시 • May 25+ 1 more updateIrisity AB (publ) to Report Q3, 2024 Results on Nov 14, 2024Irisity AB (publ) announced that they will report Q3, 2024 results on Nov 14, 2024공시 • Apr 27Marcus Bäcklund Declines Re-Election as Board Member of Irisity AB (Publ)Irisity AB (publ) announced that Marcus Bäcklund has declined re-election as board member at annual general meeting to be held on May 30, 2024.분석 기사 • Apr 21Irisity AB (publ)'s (STO:IRIS) P/S Is Still On The Mark Following 26% Share Price BounceIrisity AB (publ) ( STO:IRIS ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...New Risk • Mar 22New major risk - Revenue and earnings growthEarnings have declined by 54% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr43m free cash flow). Earnings have declined by 54% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (29% increase in shares outstanding). Market cap is less than US$100m (kr196.7m market cap, or US$18.6m).Reported Earnings • Mar 03Full year 2023 earnings released: kr3.28 loss per share (vs kr3.58 loss in FY 2022)Full year 2023 results: kr3.28 loss per share (improved from kr3.58 loss in FY 2022). Revenue: kr152.8m (up 36% from FY 2022). Net loss: kr132.5m (loss narrowed 3.2% from FY 2022). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Commercial Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 55% per year, which means it has not declined as severely as earnings.분석 기사 • Mar 02Why We're Not Concerned About Irisity AB (publ)'s (STO:IRIS) Share PriceWhen you see that almost half of the companies in the Commercial Services industry in Sweden have price-to-sales ratios...공시 • Feb 29Irisity AB (publ) (OM:IRIS) agreed to acquire Ultinous Ltd. for SEK 45 million.Irisity AB (publ) (OM:IRIS) agreed to acquire Ultinous Ltd. for SEK 45 million on February 28, 2024.The purchase price for all Ultinous shares is intended to be paid by way of the In-kind Issue consisting of 9 million new shares in Irisity at a subscription price of SEK 5.00 per share. The subscription price has been set after arm’s length negotiations with the sellers of Ultinous, and it is the board of directors' assessment that the subscription price, corresponding to a premium of approximately 17.9% against the closing price of Irisity’s shares on Nasdaq First North Growth Market on February 28, 2024, is on market terms and conditions. The reason for deviating from the shareholders preferential rights is that a prerequisite for Irisity to be able to complete the acquisition of Ultinous is that the Company pays the purchase price by issuing its own shares to the sellers of Ultinous. In conjunction with the Acquisition, and as part of the term sheet, Stockhorn Capital AB will invest SEK 45 million in Irisity through a directed share issue on the same terms as in the In-kind Issue, i.e., SEK 5.00 per share. The Acquisition, the In-Kind Issue, and the Directed Issue are subject to national FDI Regulation requiring approval from Swedish and Hungarian authorities. Notice convening the extraordinary general meeting to authorize the board of Irisity on the In-kind Issue and the Directed Issue will be published separately. Penser by Carnegie Investment Bank AB (publ) and Advokatfirman Vinge KB as financial and legal advisers to Irisity AB (publ) (OM:IRIS) in connection with the transaction.Reported Earnings • Nov 17Third quarter 2023 earnings released: kr0.82 loss per share (vs kr1.06 loss in 3Q 2022)Third quarter 2023 results: kr0.82 loss per share (improved from kr1.06 loss in 3Q 2022). Revenue: kr43.9m (up 155% from 3Q 2022). Net loss: kr32.1m (loss narrowed 21% from 3Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Commercial Services industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 23 percentage points per year, which is a significant difference in performance.공시 • Nov 11Irisity AB (publ), Annual General Meeting, Apr 23, 2024Irisity AB (publ), Annual General Meeting, Apr 23, 2024.공시 • Nov 10Irisity AB (Publ) Announces Appoints Hannah Marier to Nomination CommitteeThe nomination committee for Irisity AB (publ) ahead of the 2024 annual general meeting has been appointed based on the ownership conditions on 30 September 2023. The nomination committee consists of: Sun Red Beach Growth Partners through Hannah Marier.New Risk • Oct 20New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 29% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-kr55m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr53m net loss in 2 years). Shareholders have been diluted in the past year (29% increase in shares outstanding). Market cap is less than US$100m (kr244.9m market cap, or US$22.3m).Reported Earnings • Aug 13Second quarter 2023 earnings released: kr0.75 loss per share (vs kr0.63 loss in 2Q 2022)Second quarter 2023 results: kr0.75 loss per share (further deteriorated from kr0.63 loss in 2Q 2022). Revenue: kr39.5m (up 6.1% from 2Q 2022). Net loss: kr28.6m (loss widened 18% from 2Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance.공시 • Aug 11Irisity AB (Publ) Provides Financial Forecast for the Third, Fourth Quarter and Full Year 2023Irisity AB (publ) provided financial forecast for the third, fourth quarter and full year 2023. For the third quarter, the company forecasts net sales of SEK 32-37 million. For the fourth quarter, the company forecasts net sales of SEK 37-42 million, For the full year, the company forecasts net sales SEK 131-141 million.분석 기사 • Jul 19Why Investors Shouldn't Be Surprised By Irisity AB (publ)'s (STO:IRIS) P/SWhen close to half the companies in the Commercial Services industry in Sweden have price-to-sales ratios (or "P/S...Board Change • Jul 02High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Dorian Moshe Barak is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공시 • Jun 12Irisity AB (publ) Recruits Raziel Bareket as Chief Operating Officer (Coo)Irisity recruits Raziel Bareket as Chief Operating Officer (COO). The company hires physical security software industry executive to lead Irisity's and AgentVi's partner sales and support operations globally. Partners are critical to meet the needs of customers when adding real-time video intelligence to monitoring operations and therefore are key to Irisity's growth. Raziel's first day will be June 12th, 2023. Over an 11-year period Raziel was a key contributor to Milestone Systems' global growth building the strongest network of EMEA security channel partners and programs. This, plus his many years of leading SaaS/IoT/B2B companies, will be an important step forward for Irisity's and AgentVi's future growth.공시 • Jun 03Irisity AB (publ) Announces Board ChangesIrisity AB (publ) Aat its extraordinary general meeting held on 2 June 2023, elected Marcus Bäcklund, Christian Andersson and Anders Trygg as new members of the board of directors. The chairman of the board of directors Lennart Svantesson and the board members Anders Långsved, Anna Ahlberg and Rom Mendel resigned their assignments on the board of directors at their own request in connection with the general meeting. Board member Nils Malmros resigned his assignment on the board of directors for personal reasons.Recent Insider Transactions • May 21CFO & COO recently sold kr175k worth of stockOn the 16th of May, Anna Anderstrom sold around 30k shares on-market at roughly kr5.84 per share. This transaction amounted to 67% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Anna has been a net seller over the last 12 months, reducing personal holdings by kr30k.Recent Insider Transactions • May 19CFO & COO recently sold kr175k worth of stockOn the 16th of May, Anna Anderstrom sold around 30k shares on-market at roughly kr5.84 per share. This transaction amounted to 67% 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 the recent sale, Anna has been a net buyer over the last 12 months, purchasing a net total of kr55k worth of shares.Reported Earnings • May 14First quarter 2023 earnings released: kr0.85 loss per share (vs kr0.73 loss in 1Q 2022)First quarter 2023 results: kr0.85 loss per share (further deteriorated from kr0.73 loss in 1Q 2022). Revenue: kr33.4m (down 1.9% from 1Q 2022). Net loss: kr32.5m (loss widened 16% from 1Q 2022). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Commercial Services industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance.공시 • May 10+ 2 more updatesIrisity AB (publ) Announces Management ChangesIrisity AB (publ) announced that following the approval of the extraordinary general meeting, current chairman Lennart Svantesson and board members Anders Långsved and Rom Mendel will be dismissed from their duties.Board Change • May 07High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Ulf Runmarker was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.분석 기사 • Mar 05One Analyst Just Shaved Their Irisity AB (publ) (STO:IRIS) Forecasts DramaticallyToday is shaping up negative for Irisity AB (publ) ( STO:IRIS ) shareholders, with the covering analyst delivering a...Major Estimate Revision • Mar 05Consensus revenue estimates fall by 23%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from kr162.0m to kr125.0m. Forecast losses increased from -kr1.47 to -kr2.39 per share. Commercial Services industry in Sweden expected to see average net income growth of 35% next year. Consensus price target of kr7.65 unchanged from last update. Share price fell 6.3% to kr8.15 over the past week.Reported Earnings • Feb 25Full year 2022 earnings released: kr3.58 loss per share (vs kr0.86 loss in FY 2021)Full year 2022 results: kr3.58 loss per share (further deteriorated from kr0.86 loss in FY 2021). Revenue: kr121.2m (up 31% from FY 2021). Net loss: kr136.9m (loss widened 472% from FY 2021). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Commercial Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.공시 • Feb 14Irisity AB (publ) to Report Q4, 2022 Results on Feb 24, 2023Irisity AB (publ) announced that they will report Q4, 2022 results at 9:00 AM, Central European Standard Time on Feb 24, 2023Recent Insider Transactions • Jan 13Chief Financial Officer recently bought kr63k worth of stockOn the 10th of January, Anna Anderstrom bought around 10k shares on-market at roughly kr6.30 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr168k. Anna has been a buyer over the last 12 months, purchasing a net total of kr231k worth in shares.Breakeven Date Change • Nov 22The analyst covering Irisity previously expected the company to break even in 2023. New forecast suggests the company will make a profit of kr13.8m in 2023. Average annual earnings growth of 89% is required to achieve expected profit on schedule.Price Target Changed • Nov 22Price target decreased to kr7.65Down from kr65.00, the current price target is provided by 1 analyst. New target price is 62% above last closing price of kr4.74. Stock is down 92% over the past year. The company is forecast to post a net loss per share of kr1.25 next year compared to a net loss per share of kr0.86 last year.Reported Earnings • Aug 12Second quarter 2022 earnings released: kr0.63 loss per share (vs kr0.23 loss in 2Q 2021)Second quarter 2022 results: kr0.63 loss per share (down from kr0.23 loss in 2Q 2021). Revenue: kr39.9m (up 151% from 2Q 2021). Net loss: kr24.2m (loss widened 302% from 2Q 2021). Over the next year, revenue is forecast to grow 74%, compared to a 12% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.분석 기사 • May 27One Analyst Just Shaved Their Irisity AB (publ) (STO:IRIS) Forecasts DramaticallyThe latest analyst coverage could presage a bad day for Irisity AB (publ) ( STO:IRIS ), with the covering analyst...Major Estimate Revision • May 26Consensus revenue estimates fall by 31%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from kr254.0m to kr174.2m. Forecast losses increased from -kr0.75 to -kr1.25 per share. Commercial Services industry in Sweden expected to see average net income growth of 30% next year. Consensus price target down from kr65.00 to kr61.50. Share price fell 14% to kr20.70 over the past week.Reported Earnings • May 13First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: kr0.73 loss per share (down from kr0.15 loss in 1Q 2021). Revenue: kr34.4m (up 126% from 1Q 2021). Net loss: kr27.9m (loss widened kr24.1m from 1Q 2021). Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 11%. Over the next year, revenue is forecast to grow 170%, compared to a 11% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Board Change • Apr 28Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Anders Langsved was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Breakeven Date Change • Apr 27Forecast breakeven date pushed back to 2023The analyst covering Irisity previously expected the company to break even in 2022. New forecast suggests the company will make a profit of kr40.4m in 2023. Average annual earnings growth of 70% is required to achieve expected profit on schedule.Breakeven Date Change • Feb 22Forecast breakeven date pushed back to 2023The analyst covering Irisity previously expected the company to break even in 2022. New forecast suggests the company will make a profit of kr40.4m in 2023. Average annual earnings growth of 70% is required to achieve expected profit on schedule.Reported Earnings • Feb 19Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: kr0.62 loss per share (up from kr0.83 loss in FY 2020). Revenue: kr93.1m (up 99% from FY 2020). Net loss: kr23.9m (loss widened 22% from FY 2020). Revenue missed analyst estimates by 23%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 243%, compared to a 13% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 11Third quarter 2021 earnings released: kr0.098 loss per share (vs kr0.28 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: kr20.8m (up 118% from 3Q 2020). Net loss: kr2.54m (loss narrowed 61% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 09Second quarter 2021 earnings released: kr0.23 loss per share (vs kr0.18 loss in 2Q 2020)The company reported a mediocre second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: kr15.9m (up 49% from 2Q 2020). Net loss: kr6.03m (loss widened 71% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Jun 24Here's Why We're Not At All Concerned With Irisity's (STO:IRIS) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, Irisity ( STO:IRIS...Reported Earnings • May 08First quarter 2021 earnings releasedThe company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: kr15.3m (up 19% from 1Q 2020). Net loss: kr3.77m (loss narrowed 11% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 82% per year, which means it is well ahead of earnings.Executive Departure • Apr 27Independent Director has left the companyOn the 22nd of April, Meg Tiveus' tenure in the role of Independent Director ended. We don't have any record of a personal shareholding under Meg's name. Meg is the only executive to leave the company over the last 12 months.분석 기사 • Mar 30Irisity AB (publ) (STO:IRIS) Could Be Less Than A Year Away From ProfitabilityWe feel now is a pretty good time to analyse Irisity AB (publ)'s ( STO:IRIS ) business as it appears the company may be...Reported Earnings • Mar 19Full year 2020 earnings released: kr0.83 loss per share (vs kr0.92 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: kr46.8m (down 8.9% from FY 2019). Net loss: kr19.6m (loss widened 11% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 89% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Mar 03New 90-day high: kr55.40The company is up 79% from its price of kr31.00 on 03 December 2020. The Swedish market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 5.0% over the same period.재무 상태 분석단기부채: IRIS 의 단기 자산 ( SEK28.9M )은 단기 부채( SEK67.3M ).장기 부채: IRIS의 단기 자산(SEK28.9M)이 장기 부채(SEK54.2M)를 충당하지 못합니다.부채/자본 비율 추이 및 분석부채 수준: IRIS 의 순부채 대 자기자본 비율( 6.3% )은 satisfactory로 간주됩니다.부채 감소: IRIS의 부채 대비 자본 비율은 지난 5년 동안 0%에서 7%로 증가했습니다.대차대조표현금 보유 기간 분석과거에 평균적으로 손실을 기록해 온 기업의 경우, 최소 1년 이상의 현금 보유 기간이 있는지 평가합니다.안정적인 현금 활주로: IRIS 현재 무료 현금 흐름을 기준으로 1년 미만의 cash runway를 보유하고 있습니다.예측 현금 활주로: 무료 현금 흐름이 매년 20.3 %의 역사적 비율로 계속 감소할 경우 IRIS 의 현금 활주로는 1년 미만입니다.건전한 기업 찾아보기7D1Y7D1Y7D1YCommercial-services 산업의 건실한 기업.View Dividend기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/06 10:38종가2026/07/06 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Irisity AB (publ)는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Stefan KnutssonABG Sundal Collier SponsoredRikard EngbergDNB Carnegie Commissioned Research
분석 기사 • Jun 24Here's Why We're Not At All Concerned With Irisity's (STO:IRIS) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, Irisity ( STO:IRIS...
New Risk • Jun 25New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: kr93.0m (US$9.51m) This is considered a major 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr31m free cash flow). Share price has been highly volatile over the past 3 months (63% average weekly change). Earnings have declined by 33% per year over the past 5 years. Shareholders have been substantially diluted in the past year (130% increase in shares outstanding). Market cap is less than US$10m (kr93.0m market cap, or US$9.51m).
Reported Earnings • May 29First quarter 2026 earnings released: kr0.10 loss per share (vs kr0.48 loss in 1Q 2025)First quarter 2026 results: kr0.10 loss per share (improved from kr0.48 loss in 1Q 2025). Revenue: kr25.7m (up 8.9% from 1Q 2025). Net loss: kr38.4m (loss narrowed 22% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 62% per year, which means it is significantly lagging earnings.
공시 • May 19Irisity AB (publ), Annual General Meeting, Jun 18, 2026Irisity AB (publ), Annual General Meeting, Jun 18, 2026, at 15:00 W. Europe Standard Time. Location: company premises, at lindholmspiren 7c in gothenburg, gothenburg Sweden
Reported Earnings • Mar 23Full year 2025 earnings released: kr1.14 loss per share (vs kr3.05 loss in FY 2024)Full year 2025 results: kr1.14 loss per share (improved from kr3.05 loss in FY 2024). Revenue: kr107.2m (down 4.9% from FY 2024). Net loss: kr185.3m (loss narrowed 14% from FY 2024).
공시 • Mar 19+ 3 more updatesIrisity AB (publ) to Report Q3, 2026 Results on Nov 17, 2026Irisity AB (publ) announced that they will report Q3, 2026 results on Nov 17, 2026
Board Change • Dec 17Less than half of directors are independentThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Director Inna Kaushan is the most experienced director on the board, commencing their role in 2024. Independent Director Bjorn Eilertsen was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
공시 • Dec 05Irisity AB Announces Formation of Independent Bid Committee and Changes in Board Committee CompositionIrisity AB has, within the Board of Directors, appointed an independent bid committee, which will handle matters relating to the Offer. The independent bid committee consists of the independent board member Bjørn Skou Eilertsen. Inna Kaushan is a member of the Board of Directors of Irisity and Chairman of the Board of Directors of Stockhorn. She is also a partner in Stockhorn and has Board assignments in most of the companies in which Stockhorn has invested. Lucas de Mendoza is Chairman of the Board of Directors of Irisity and Senior Advisor to Stockhorn. Neither Inna Kaushan nor Lucas de Mendoza have participated in, and will not participate in, Irisity’s decisions regarding or the handling of matters relating to the Offer. The Independent Bid Committee therefore does not consist of a sufficient number of Board members to constitute a quorum but will comply with the Swedish Stock Market Self-Regulation Committee’s Takeover Rules for certain trading platforms.
공시 • Nov 21Irisity AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 26.058914 million.Irisity AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 26.058914 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 217,157,616 Price\Range: SEK 0.12 Transaction Features: Rights Offering
공시 • Sep 27Irisity AB (Publ) Announces CEO ChangesIrisity AB (publ) announced that the Board of Directors has unanimously resolved to relieve Mr. Keven Marier of his duties as Chief Executive Officer, effective immediately. The Board has simultaneously appointed Gustav Zaar, the Company's Chief Financial Officer, as Interim CEO to ensure strong leadership continuity and effective oversight of the ongoing transformation program. Gustav Zaar brings over 17 years of experience in key finance leadership roles, including 6 years as CFO at Hansen and Lin Education, 7 years of experience in Business Controlling, and 4 years within audit at PwC. During his career, Gustav Zaar has gained extensive experience working with both small and large publicly listed companies, showcasing his ability to drive financial growth and operational efficiency. He holds a master's degree from School of Business, Economics and Law at University of Gothenburg. The Board also confirmed that it will initiate the search for a permanent Chief Executive Officer once the transition period is completed in 2026. Mr. Marier will remain available to advise and support the Board during the coming months, although he will step down immediately from all executive functions.
공시 • Sep 18Irisity AB (publ) Announces Executive ChangesIrisity AB (publ) announced simplification plan with the promotion of Victor Hagelbäck as Group CTO and responsible for all of Irisity's AI technology platforms and R&D operations. Victor Hagelbäck, Irisity's Chief Growth Officer, is promoted to Irisity's Group CTO and will be leading both Gothenburg and Budapest R&D operations. He has been part of Irisity's leadership team for since 2012, where he was Irisity's CTO from 2012 to 2019. Victor has Master of Science from Chalmers University of Technology and has been with Irisity for 16 years, serving in all key R&D leadership roles, including COO, CPO, and currently CGO. This promotion is part of Irisity's simplification plans and will further streamline the company's R&D operations. Zvika Ashani, co-founder of Agent Video Intelligence and Irisity Group CTO, will start a six-month handover process, ensuring a successful consolidation of the R&D operations from Tel Aviv to Gothenburg, Sweden. In addition, György Balogh, co-founder of Ultinous and currently Irisity Chief Product Officer, has decided to leave Irisity. György will start a three-month handover process to Victor and Attila Megyesi, VP of Engineering, Budapest. Starting in January 2026, György will serve as a strategic advisor supporting the continued productization of Generative AI capabilities within Irisity's AI technology platforms.
Reported Earnings • Aug 17Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: kr0.30 loss per share (improved from kr0.78 loss in 2Q 2024). Revenue: kr26.9m (down 20% from 2Q 2024). Net loss: kr37.9m (loss narrowed 6.9% from 2Q 2024). Revenue missed analyst estimates by 36%. Earnings per share (EPS) exceeded analyst estimates by 23%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Commercial Services industry in Sweden.
공시 • Jun 30Irisity AB (Publ) Appoints Lucas De Mendoza as Chairman of the Board of DirectorsIrisity AB (publ) announced at the AGM held on June 30, 2025, approved Lucas de Mendoza was elected as new Chairman of the Board of Directors.
공시 • May 29Irisity AB (publ), Annual General Meeting, Jun 30, 2025Irisity AB (publ), Annual General Meeting, Jun 30, 2025, at 15:00 W. Europe Standard Time. Location: at the companys premises, at lindholmspiren 7c, gothenburg, Sweden
Reported Earnings • May 14First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: kr0.43 loss per share. Revenue: kr24.5m (down 30% from 1Q 2024). Net loss: kr49.5m (loss widened 60% from 1Q 2024). Revenue missed analyst estimates by 27%. Earnings per share (EPS) exceeded analyst estimates by 46%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Commercial Services industry in Sweden.
공시 • Apr 17Irisity AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 21.099857 million.Irisity AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 21.099857 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 52,749,643 Price\Range: SEK 0.4 Transaction Features: Rights Offering
Major Estimate Revision • Apr 01Consensus revenue estimates decrease by 23%, EPS upgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from kr145.0m to kr111.0m. EPS estimate increased from -kr1.23 to -kr1.08 per share. Commercial Services industry in Sweden expected to see average net income growth of 35% next year. Consensus price target down from kr1.50 to kr0.46. Share price fell 4.8% to kr0.38 over the past week.
공시 • Mar 29Irisity AB (publ) Announces CFO ChangesIrisity AB (publ) announced that Katarina Priou will conclude her role as Interim CFO on March 28, 2025. Katarina has served as a consultant and interim CFO since November 2024, successfully bridging the transition following the departure of former CFO Anna Forsberg until the arrival of Gustav Zaar, join in April. During the short interim period between Katarina's departure and Gustav's start, Victor Hagelbäck, Irisity's Chief Growth Officer, will assume the role of Interim CFO. He has been part of Irisity's leadership team for since 2012 and part of the company since 2008 and has a Master of Science from Chalmers University of Technology. Victor brings a strong understanding of Irisity's operations and strategic direction, ensuring continued financial leadership and operational continuity.
Reported Earnings • Mar 25Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2024 results: kr3.05 loss per share. Revenue: kr128.3m (down 12% from FY 2023). Net loss: kr216.1m (loss widened 63% from FY 2023). Revenue missed analyst estimates by 21%. Earnings per share (EPS) exceeded analyst estimates by 2.6%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Commercial Services industry in Sweden.
분석 기사 • Mar 25Some Irisity AB (publ) (STO:IRIS) Shareholders Look For Exit As Shares Take 31% PoundingUnfortunately for some shareholders, the Irisity AB (publ) ( STO:IRIS ) share price has dived 31% in the last thirty...
New Risk • Feb 26New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Swedish stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr68m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Market cap is less than US$10m (kr47.7m market cap, or US$4.50m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (kr122m net loss in 2 years).
분석 기사 • Feb 05Investors Give Irisity AB (publ) (STO:IRIS) Shares A 26% HidingTo the annoyance of some shareholders, Irisity AB (publ) ( STO:IRIS ) shares are down a considerable 26% in the last...
New Risk • Jan 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 37% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr68m free cash flow). Earnings have declined by 47% per year over the past 5 years. Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Market cap is less than US$10m (kr74.0m market cap, or US$6.63m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).
공시 • Dec 14Irisity AB (Publ) Announces CFO ChangesIrisity AB (publ) announced the appointment of Katarina Priou as Interim Chief Financial Officer (CFO), effective immediately. Katarina brings extensive experience in financial strategy, fvaeadership, and business development. With a proven track record in financial management across various industries, Katarina has held senior finance roles in both listed and private companies. Katarina holds a master's degree in languages from the University of Gothenburg as well as a master's degree from the School of Business, Economics and Law at the University of Gothenburg. As communicated on November 1, an interim CFO was sought to ensure a smooth transition and maintain stability before the permanent CFO assumes the position. Katarina will serve in this capacity until Gustav Zaar, currently CFO for the CWS Business area at Foxway Group, joins Irisity. Gustav is expected to take on the CFO role no later than April 17, 2025.
New Risk • Dec 02New major risk - Revenue and earnings growthEarnings have declined by 47% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr68m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 47% per year over the past 5 years. Market cap is less than US$10m (kr63.9m market cap, or US$5.83m). Minor Risk Shareholders have been diluted in the past year (37% increase in shares outstanding).
공시 • Nov 29Irisity AB (publ) has completed a Composite Units Offering.Irisity AB (publ) has completed a Composite Units Offering. Security Name: Units Security Type: Equity/Derivative Unit Securities Offered: 6,722,994 Price\Range: SEK 8.4 Transaction Features: Rights Offering
Reported Earnings • Nov 05Third quarter 2024 earnings released: kr0.68 loss per share (vs kr0.78 loss in 3Q 2023)Third quarter 2024 results: kr0.68 loss per share. Revenue: kr35.6m (down 15% from 3Q 2023). Net loss: kr45.5m (loss widened 42% from 3Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Commercial Services industry in Sweden.
공시 • Nov 04+ 4 more updatesIrisity AB (publ) to Report Nine Months, 2025 Results on Nov 14, 2025Irisity AB (publ) announced that they will report nine months, 2025 results on Nov 14, 2025
공시 • Nov 01Irisity AB (Publ) Announces Chief Financial Officer ChangesIrisity AB (publ) announced strengthens its executive management team through the recruitment of Gustav Zaar as Chief Financial Officer, CFO. Gustav Zaar currently holds the position as CFO for CWS Business area at Foxway Group and will join Irisity by latest April 17, 2025. Anna Forsberg who has served as Interim CFO since September 2023 and will be leaving the company at the end of 2024. A new interim CFO search has begun and will be utilized for any time gap between Anna Forsberg's departure and Gustav Zaar's start date. Gustav Zaar brings over 17 years of experience in key finance leadership roles, including 6 years as CFO at Hansen and Lin Education, 7 years of experience in Business Controlling, and 4 years within audit at PwC. During his career, Gustav Zaar has gained extensive experience working with both small and large publicly listed companies, showcasing his ability to drive financial growth and operational efficiency. He holds a master's degree from School of Business, Economics and Law at University of Gothenburg. Gustav Zaar will lead all financial operations, including strategic financial planning, budgeting, and investor relations, to support the continued growth and success of the Irisity group.
분석 기사 • Oct 03Market Cool On Irisity AB (publ)'s (STO:IRIS) Revenues Pushing Shares 49% LowerTo the annoyance of some shareholders, Irisity AB (publ) ( STO:IRIS ) shares are down a considerable 49% in the last...
New Risk • Oct 02New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: kr92.1m (US$8.98m) This is considered a major 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr79m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Shareholders have been substantially diluted in the past year (76% increase in shares outstanding). Market cap is less than US$10m (kr92.1m market cap, or US$8.98m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (kr117m net loss in 2 years).
Major Estimate Revision • Aug 22Consensus revenue estimates decrease by 18%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from kr197.0m to kr162.0m. EPS estimate unchanged from -kr2.48 per share at last update. Commercial Services industry in Sweden expected to see average net income growth of 35% next year. Consensus price target of kr5.50 unchanged from last update. Share price fell 7.8% to kr2.36 over the past week.
Reported Earnings • Aug 16Second quarter 2024 earnings released: kr0.78 loss per share (vs kr0.75 loss in 2Q 2023)Second quarter 2024 results: kr0.78 loss per share (further deteriorated from kr0.75 loss in 2Q 2023). Revenue: kr37.1m (up 1.8% from 2Q 2023). Net loss: kr40.7m (loss widened 43% from 2Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Commercial Services industry in Sweden.
New Risk • Aug 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Swedish stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr76m free cash flow). Earnings have declined by 52% per year over the past 5 years. Shareholders have been substantially diluted in the past year (76% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (kr172.1m market cap, or US$16.3m).
분석 기사 • Aug 13Irisity AB (publ) (STO:IRIS) Not Lagging Industry On Growth Or PricingWhen close to half the companies in the Commercial Services industry in Sweden have price-to-sales ratios (or "P/S...
New Risk • Jul 02New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 52% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr76m free cash flow). Earnings have declined by 52% per year over the past 5 years. Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Minor Risk Market cap is less than US$100m (kr227.1m market cap, or US$21.3m).
공시 • May 31Irisity AB (publ) Announces Board ChangesIrisity AB (publ) at its AGM held on 30 May 2024 elected Bjørn Skou Eilertsen, Lucas de Mendoza and Inna Kaushan as new board members. Bjørn Skou Eilertsen was elected new chairman of the board of directors.
공시 • May 30+ 1 more updateIrisity AB (publ) (OM:IRIS) acquired Ultinous Ltd.Irisity AB (publ) (OM:IRIS) agreed to acquire Ultinous Ltd. for SEK 45 million on February 28, 2024. The purchase price for all Ultinous shares is intended to be paid by way of the In-kind Issue consisting of 9 million new shares in Irisity at a subscription price of SEK 5.00 per share. The subscription price has been set after arm’s length negotiations with the sellers of Ultinous, and it is the board of directors' assessment that the subscription price, corresponding to a premium of approximately 17.9% against the closing price of Irisity’s shares on Nasdaq First North Growth Market on February 28, 2024, is on market terms and conditions. The reason for deviating from the shareholders preferential rights is that a prerequisite for Irisity to be able to complete the acquisition of Ultinous is that the Company pays the purchase price by issuing its own shares to the sellers of Ultinous. In conjunction with the Acquisition, and as part of the term sheet, Stockhorn Capital AB will invest SEK 45 million in Irisity through a directed share issue on the same terms as in the In-kind Issue, i.e., SEK 5.00 per share. The Acquisition, the In-Kind Issue, and the Directed Issue are subject to national FDI Regulation requiring approval from Swedish and Hungarian authorities. Notice convening the extraordinary general meeting to authorize the board of Irisity on the In-kind Issue and the Directed Issue will be published separately. Penser by Carnegie Investment Bank AB (publ) and Advokatfirman Vinge KB as financial and legal advisers to Irisity AB (publ) (OM:IRIS) in connection with the transaction. Irisity AB (publ) (OM:IRIS) completed the acquisition of Ultinous Ltd. on May 29, 2024. The acquisition has received the approval from Swedish and Hungarian authorities.
공시 • May 25+ 1 more updateIrisity AB (publ) to Report Q3, 2024 Results on Nov 14, 2024Irisity AB (publ) announced that they will report Q3, 2024 results on Nov 14, 2024
공시 • Apr 27Marcus Bäcklund Declines Re-Election as Board Member of Irisity AB (Publ)Irisity AB (publ) announced that Marcus Bäcklund has declined re-election as board member at annual general meeting to be held on May 30, 2024.
분석 기사 • Apr 21Irisity AB (publ)'s (STO:IRIS) P/S Is Still On The Mark Following 26% Share Price BounceIrisity AB (publ) ( STO:IRIS ) shares have had a really impressive month, gaining 26% after a shaky period beforehand...
New Risk • Mar 22New major risk - Revenue and earnings growthEarnings have declined by 54% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr43m free cash flow). Earnings have declined by 54% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (29% increase in shares outstanding). Market cap is less than US$100m (kr196.7m market cap, or US$18.6m).
Reported Earnings • Mar 03Full year 2023 earnings released: kr3.28 loss per share (vs kr3.58 loss in FY 2022)Full year 2023 results: kr3.28 loss per share (improved from kr3.58 loss in FY 2022). Revenue: kr152.8m (up 36% from FY 2022). Net loss: kr132.5m (loss narrowed 3.2% from FY 2022). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Commercial Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 55% per year, which means it has not declined as severely as earnings.
분석 기사 • Mar 02Why We're Not Concerned About Irisity AB (publ)'s (STO:IRIS) Share PriceWhen you see that almost half of the companies in the Commercial Services industry in Sweden have price-to-sales ratios...
공시 • Feb 29Irisity AB (publ) (OM:IRIS) agreed to acquire Ultinous Ltd. for SEK 45 million.Irisity AB (publ) (OM:IRIS) agreed to acquire Ultinous Ltd. for SEK 45 million on February 28, 2024.The purchase price for all Ultinous shares is intended to be paid by way of the In-kind Issue consisting of 9 million new shares in Irisity at a subscription price of SEK 5.00 per share. The subscription price has been set after arm’s length negotiations with the sellers of Ultinous, and it is the board of directors' assessment that the subscription price, corresponding to a premium of approximately 17.9% against the closing price of Irisity’s shares on Nasdaq First North Growth Market on February 28, 2024, is on market terms and conditions. The reason for deviating from the shareholders preferential rights is that a prerequisite for Irisity to be able to complete the acquisition of Ultinous is that the Company pays the purchase price by issuing its own shares to the sellers of Ultinous. In conjunction with the Acquisition, and as part of the term sheet, Stockhorn Capital AB will invest SEK 45 million in Irisity through a directed share issue on the same terms as in the In-kind Issue, i.e., SEK 5.00 per share. The Acquisition, the In-Kind Issue, and the Directed Issue are subject to national FDI Regulation requiring approval from Swedish and Hungarian authorities. Notice convening the extraordinary general meeting to authorize the board of Irisity on the In-kind Issue and the Directed Issue will be published separately. Penser by Carnegie Investment Bank AB (publ) and Advokatfirman Vinge KB as financial and legal advisers to Irisity AB (publ) (OM:IRIS) in connection with the transaction.
Reported Earnings • Nov 17Third quarter 2023 earnings released: kr0.82 loss per share (vs kr1.06 loss in 3Q 2022)Third quarter 2023 results: kr0.82 loss per share (improved from kr1.06 loss in 3Q 2022). Revenue: kr43.9m (up 155% from 3Q 2022). Net loss: kr32.1m (loss narrowed 21% from 3Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Commercial Services industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 23 percentage points per year, which is a significant difference in performance.
공시 • Nov 11Irisity AB (publ), Annual General Meeting, Apr 23, 2024Irisity AB (publ), Annual General Meeting, Apr 23, 2024.
공시 • Nov 10Irisity AB (Publ) Announces Appoints Hannah Marier to Nomination CommitteeThe nomination committee for Irisity AB (publ) ahead of the 2024 annual general meeting has been appointed based on the ownership conditions on 30 September 2023. The nomination committee consists of: Sun Red Beach Growth Partners through Hannah Marier.
New Risk • Oct 20New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 29% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-kr55m free cash flow). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (kr53m net loss in 2 years). Shareholders have been diluted in the past year (29% increase in shares outstanding). Market cap is less than US$100m (kr244.9m market cap, or US$22.3m).
Reported Earnings • Aug 13Second quarter 2023 earnings released: kr0.75 loss per share (vs kr0.63 loss in 2Q 2022)Second quarter 2023 results: kr0.75 loss per share (further deteriorated from kr0.63 loss in 2Q 2022). Revenue: kr39.5m (up 6.1% from 2Q 2022). Net loss: kr28.6m (loss widened 18% from 2Q 2022). Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance.
공시 • Aug 11Irisity AB (Publ) Provides Financial Forecast for the Third, Fourth Quarter and Full Year 2023Irisity AB (publ) provided financial forecast for the third, fourth quarter and full year 2023. For the third quarter, the company forecasts net sales of SEK 32-37 million. For the fourth quarter, the company forecasts net sales of SEK 37-42 million, For the full year, the company forecasts net sales SEK 131-141 million.
분석 기사 • Jul 19Why Investors Shouldn't Be Surprised By Irisity AB (publ)'s (STO:IRIS) P/SWhen close to half the companies in the Commercial Services industry in Sweden have price-to-sales ratios (or "P/S...
Board Change • Jul 02High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Dorian Moshe Barak is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공시 • Jun 12Irisity AB (publ) Recruits Raziel Bareket as Chief Operating Officer (Coo)Irisity recruits Raziel Bareket as Chief Operating Officer (COO). The company hires physical security software industry executive to lead Irisity's and AgentVi's partner sales and support operations globally. Partners are critical to meet the needs of customers when adding real-time video intelligence to monitoring operations and therefore are key to Irisity's growth. Raziel's first day will be June 12th, 2023. Over an 11-year period Raziel was a key contributor to Milestone Systems' global growth building the strongest network of EMEA security channel partners and programs. This, plus his many years of leading SaaS/IoT/B2B companies, will be an important step forward for Irisity's and AgentVi's future growth.
공시 • Jun 03Irisity AB (publ) Announces Board ChangesIrisity AB (publ) Aat its extraordinary general meeting held on 2 June 2023, elected Marcus Bäcklund, Christian Andersson and Anders Trygg as new members of the board of directors. The chairman of the board of directors Lennart Svantesson and the board members Anders Långsved, Anna Ahlberg and Rom Mendel resigned their assignments on the board of directors at their own request in connection with the general meeting. Board member Nils Malmros resigned his assignment on the board of directors for personal reasons.
Recent Insider Transactions • May 21CFO & COO recently sold kr175k worth of stockOn the 16th of May, Anna Anderstrom sold around 30k shares on-market at roughly kr5.84 per share. This transaction amounted to 67% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Anna has been a net seller over the last 12 months, reducing personal holdings by kr30k.
Recent Insider Transactions • May 19CFO & COO recently sold kr175k worth of stockOn the 16th of May, Anna Anderstrom sold around 30k shares on-market at roughly kr5.84 per share. This transaction amounted to 67% 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 the recent sale, Anna has been a net buyer over the last 12 months, purchasing a net total of kr55k worth of shares.
Reported Earnings • May 14First quarter 2023 earnings released: kr0.85 loss per share (vs kr0.73 loss in 1Q 2022)First quarter 2023 results: kr0.85 loss per share (further deteriorated from kr0.73 loss in 1Q 2022). Revenue: kr33.4m (down 1.9% from 1Q 2022). Net loss: kr32.5m (loss widened 16% from 1Q 2022). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Commercial Services industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance.
공시 • May 10+ 2 more updatesIrisity AB (publ) Announces Management ChangesIrisity AB (publ) announced that following the approval of the extraordinary general meeting, current chairman Lennart Svantesson and board members Anders Långsved and Rom Mendel will be dismissed from their duties.
Board Change • May 07High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Ulf Runmarker was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
분석 기사 • Mar 05One Analyst Just Shaved Their Irisity AB (publ) (STO:IRIS) Forecasts DramaticallyToday is shaping up negative for Irisity AB (publ) ( STO:IRIS ) shareholders, with the covering analyst delivering a...
Major Estimate Revision • Mar 05Consensus revenue estimates fall by 23%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from kr162.0m to kr125.0m. Forecast losses increased from -kr1.47 to -kr2.39 per share. Commercial Services industry in Sweden expected to see average net income growth of 35% next year. Consensus price target of kr7.65 unchanged from last update. Share price fell 6.3% to kr8.15 over the past week.
Reported Earnings • Feb 25Full year 2022 earnings released: kr3.58 loss per share (vs kr0.86 loss in FY 2021)Full year 2022 results: kr3.58 loss per share (further deteriorated from kr0.86 loss in FY 2021). Revenue: kr121.2m (up 31% from FY 2021). Net loss: kr136.9m (loss widened 472% from FY 2021). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Commercial Services industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
공시 • Feb 14Irisity AB (publ) to Report Q4, 2022 Results on Feb 24, 2023Irisity AB (publ) announced that they will report Q4, 2022 results at 9:00 AM, Central European Standard Time on Feb 24, 2023
Recent Insider Transactions • Jan 13Chief Financial Officer recently bought kr63k worth of stockOn the 10th of January, Anna Anderstrom bought around 10k shares on-market at roughly kr6.30 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth kr168k. Anna has been a buyer over the last 12 months, purchasing a net total of kr231k worth in shares.
Breakeven Date Change • Nov 22The analyst covering Irisity previously expected the company to break even in 2023. New forecast suggests the company will make a profit of kr13.8m in 2023. Average annual earnings growth of 89% is required to achieve expected profit on schedule.
Price Target Changed • Nov 22Price target decreased to kr7.65Down from kr65.00, the current price target is provided by 1 analyst. New target price is 62% above last closing price of kr4.74. Stock is down 92% over the past year. The company is forecast to post a net loss per share of kr1.25 next year compared to a net loss per share of kr0.86 last year.
Reported Earnings • Aug 12Second quarter 2022 earnings released: kr0.63 loss per share (vs kr0.23 loss in 2Q 2021)Second quarter 2022 results: kr0.63 loss per share (down from kr0.23 loss in 2Q 2021). Revenue: kr39.9m (up 151% from 2Q 2021). Net loss: kr24.2m (loss widened 302% from 2Q 2021). Over the next year, revenue is forecast to grow 74%, compared to a 12% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
분석 기사 • May 27One Analyst Just Shaved Their Irisity AB (publ) (STO:IRIS) Forecasts DramaticallyThe latest analyst coverage could presage a bad day for Irisity AB (publ) ( STO:IRIS ), with the covering analyst...
Major Estimate Revision • May 26Consensus revenue estimates fall by 31%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from kr254.0m to kr174.2m. Forecast losses increased from -kr0.75 to -kr1.25 per share. Commercial Services industry in Sweden expected to see average net income growth of 30% next year. Consensus price target down from kr65.00 to kr61.50. Share price fell 14% to kr20.70 over the past week.
Reported Earnings • May 13First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: kr0.73 loss per share (down from kr0.15 loss in 1Q 2021). Revenue: kr34.4m (up 126% from 1Q 2021). Net loss: kr27.9m (loss widened kr24.1m from 1Q 2021). Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 11%. Over the next year, revenue is forecast to grow 170%, compared to a 11% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Board Change • Apr 28Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Anders Langsved was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Breakeven Date Change • Apr 27Forecast breakeven date pushed back to 2023The analyst covering Irisity previously expected the company to break even in 2022. New forecast suggests the company will make a profit of kr40.4m in 2023. Average annual earnings growth of 70% is required to achieve expected profit on schedule.
Breakeven Date Change • Feb 22Forecast breakeven date pushed back to 2023The analyst covering Irisity previously expected the company to break even in 2022. New forecast suggests the company will make a profit of kr40.4m in 2023. Average annual earnings growth of 70% is required to achieve expected profit on schedule.
Reported Earnings • Feb 19Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: kr0.62 loss per share (up from kr0.83 loss in FY 2020). Revenue: kr93.1m (up 99% from FY 2020). Net loss: kr23.9m (loss widened 22% from FY 2020). Revenue missed analyst estimates by 23%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 243%, compared to a 13% growth forecast for the industry in Sweden. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 11Third quarter 2021 earnings released: kr0.098 loss per share (vs kr0.28 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: kr20.8m (up 118% from 3Q 2020). Net loss: kr2.54m (loss narrowed 61% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 09Second quarter 2021 earnings released: kr0.23 loss per share (vs kr0.18 loss in 2Q 2020)The company reported a mediocre second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: kr15.9m (up 49% from 2Q 2020). Net loss: kr6.03m (loss widened 71% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Jun 24Here's Why We're Not At All Concerned With Irisity's (STO:IRIS) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, Irisity ( STO:IRIS...
Reported Earnings • May 08First quarter 2021 earnings releasedThe company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: kr15.3m (up 19% from 1Q 2020). Net loss: kr3.77m (loss narrowed 11% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 82% per year, which means it is well ahead of earnings.
Executive Departure • Apr 27Independent Director has left the companyOn the 22nd of April, Meg Tiveus' tenure in the role of Independent Director ended. We don't have any record of a personal shareholding under Meg's name. Meg is the only executive to leave the company over the last 12 months.
분석 기사 • Mar 30Irisity AB (publ) (STO:IRIS) Could Be Less Than A Year Away From ProfitabilityWe feel now is a pretty good time to analyse Irisity AB (publ)'s ( STO:IRIS ) business as it appears the company may be...
Reported Earnings • Mar 19Full year 2020 earnings released: kr0.83 loss per share (vs kr0.92 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: kr46.8m (down 8.9% from FY 2019). Net loss: kr19.6m (loss widened 11% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 89% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Mar 03New 90-day high: kr55.40The company is up 79% from its price of kr31.00 on 03 December 2020. The Swedish market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 5.0% over the same period.