Announcement • Dec 16
Image Systems AB Announces CEO Changes, Effective December 15, 2025 Image Systems AB has appointed Jan Molin, a member of the Board since 2022, as interim Group CEO with immediate effect on December 15, 2025. Jan Molin has a track record of successful CEO positions in private, non-listed companies. The position will be part-time. Emilien Saindon, the outgoing CEO, will be available to support Jan Molin and the Board during a transitional period. Announcement • Nov 08
Image Systems AB Announces Resignation of Emilien Saindon as Chief Executive Officer Image Systems AB announced that its Chief Executive Officer, Emilien Saindon, on November 6, 2025 informed the Board of Directors of his decision to step down from his position to pursue an opportunity outside the company. Saindon will remain in his role during the notice period. The Board of Directors has initiated the process of recruiting a new CEO. Announcement • Jul 17
Image Systems AB to Report Fiscal Year 2025 Results on Feb 06, 2026 Image Systems AB announced that they will report fiscal year 2025 results on Feb 06, 2026 Announcement • Jul 07
Image Systems AB Announces CEO Changes for Motion Analysis Image Systems AB announced the appointment of Andreas Ovemyr as the new Chief Executive Officer of Image Systems' subsidiary and business unit, Motion Analysis. Andreas succeeds current CEO Johan Friberg and will assume his position on September 1, 2025. Andreas joins from IMI and brings a solid background as a technology-driven leader, having held senior roles such as CTO and Head of Development at international B2B SaaS companies. With extensive experience in executing growth strategies in global markets, driving digital transformation, and building high-performance teams, Andreas is well-positioned to lead Motion Analysis into its next phase. As CEO, Andreas will focus on scaling the company's software platform, strengthening its presence in key markets, and further developing and accelerating the new business model in alignment with Image Systems' group strategy. Announcement • Jun 11
Image Systems AB Provides Cutting-Edge Software Solutions - Tema Pro and Trackeye Image Systems provided cutting-edge software solutions - TEMA Pro and TrackEye - widely used all over the world in automotive crash safety testing, aerospace and defense evaluations, material deformation studies, medtech applications and academic research. Their flagship products support: Sub-pixel accuracy, 6DoF motion tracking, Digital Image Correlation (DIC), and Other advanced functionalities to enable precise analysis of even the most complex dynamic events. Since many years Image Systems already have a large installed customer base in Japan. With the launch of their Japanese subsidiary, they aim to strengthen their domestic technical support to their esteemed existing users and deliver expert consulting services to new customers. Announcement • Mar 31
Image Systems AB Announces CEO Changes Image Systems AB announced that after successfully completing the restructuring process in recent years, CEO Johan Friberg, in consultation with the board, has decided to step down as CEO of Image Systems AB. Johan Friberg will remain as CEO of the subsidiary Motion Analysis, at the latest until the end of the year. The board has appointed Deputy CEO Emilien Saindon as the new CEO of Image Systems AB, effective April 14, 2025. Emilien Saindon will also continue in his role as CEO of the subsidiary RemaSawco. Announcement • Feb 07
Image Systems AB to Report Nine Months, 2025 Results on Oct 24, 2025 Image Systems AB announced that they will report nine months, 2025 results on Oct 24, 2025 Reported Earnings • Nov 10
Third quarter 2024 earnings released: EPS: kr0.14 (vs kr0.001 in 3Q 2023) Third quarter 2024 results: EPS: kr0.14 (up from kr0.001 in 3Q 2023). Revenue: kr60.2m (up 50% from 3Q 2023). Net income: kr12.8m (up kr12.7m from 3Q 2023). Profit margin: 21% (up from 0.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Nov 10
Now 20% overvalued Over the last 90 days, the stock has fallen 2.7% to €0.095. The fair value is estimated to be €0.079, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 9.9% in 2 years. Earnings are forecast to grow by 51% in the next 2 years. Announcement • Oct 30
Image Systems AB, Annual General Meeting, May 08, 2025 Image Systems AB, Annual General Meeting, May 08, 2025. Announcement • Oct 29
Image Systems AB Appoints Nomination Committee Image Systems decided by the annual general meeting on May 8, 2024, it is hereby announced that a nomination committee as follows has been appointed, with the chairman of the board Anders Fransson as convener. The selection committee consists of: Hans Karlsson, appointed by Tibia Konsult AB; Thomas Wernhoff, own possession; Hans Malm, own holding. The nomination committee has appointed Hans Karlsson as its chairman. Buy Or Sell Opportunity • Jul 24
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at €0.10. The fair value is estimated to be €0.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Apr 28
First quarter 2024 earnings released: kr0.001 loss per share (vs kr0.067 loss in 1Q 2023) First quarter 2024 results: kr0.001 loss per share (improved from kr0.067 loss in 1Q 2023). Revenue: kr41.4m (up 3.5% from 1Q 2023). Net loss: kr100.0k (loss narrowed 98% from 1Q 2023). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 11
Full year 2023 earnings released: kr0.076 loss per share (vs kr0.096 profit in FY 2022) Full year 2023 results: kr0.076 loss per share (down from kr0.096 profit in FY 2022). Revenue: kr170.7m (down 5.3% from FY 2022). Net loss: kr6.80m (down 179% from profit in FY 2022). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Feb 10
Now 26% undervalued Over the last 90 days, the stock has risen 62% to €0.11. The fair value is estimated to be €0.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Nov 13
Third quarter 2023 earnings released: EPS: kr0.001 (vs kr0.09 in 3Q 2022) Third quarter 2023 results: EPS: kr0.001 (down from kr0.09 in 3Q 2022). Revenue: kr40.1m (down 11% from 3Q 2022). Net income: kr100.0k (down 99% from 3Q 2022). Profit margin: 0.2% (down from 18% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Announcement • Nov 12
Image Systems AB to Report Fiscal Year 2023 Results on Feb 09, 2024 Image Systems AB announced that they will report fiscal year 2023 results on Feb 09, 2024 New Risk • Nov 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% 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 Share price has been highly volatile over the past 3 months (11% average weekly change). Market cap is less than US$10m (€6.89m market cap, or US$7.36m). New Risk • Aug 23
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.02m (US$9.80m) 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 Share price has been highly volatile over the past 3 months (9.2% average weekly change). Market cap is less than US$10m (€9.02m market cap, or US$9.80m). Minor Risk Large one-off items impacting financial results. New Risk • Jun 29
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.10m (US$9.90m) 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 Risk Market cap is less than US$10m (€9.10m market cap, or US$9.90m). Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Large one-off items impacting financial results. Reported Earnings • Apr 10
Full year 2022 earnings released: EPS: kr0.10 (vs kr0.001 in FY 2021) Full year 2022 results: EPS: kr0.10 (up from kr0.001 in FY 2021). Revenue: kr180.2m (up 14% from FY 2021). Net income: kr8.60m (up kr8.50m from FY 2021). Profit margin: 4.8% (up from 0.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany. Announcement • Jan 12
Image Systems Appoints Emilien Saindon as Deputy CEO for the Group The board of Image Systems has decided to appoint Emilien Saindon as deputy CEO of Image Systems AB (publ). The role of deputy CEO is a newly established position within the group and was created to strengthen the management team for the future. Emilien takes up the position immediately and will continue to hold his current role as business area manager and CEO of RemaSawco. Announcement • Nov 02
Image Systems AB, Annual General Meeting, May 04, 2023 Image Systems AB, Annual General Meeting, May 04, 2023. Announcement • Nov 01
Image Systems Appoints Nomination Committee In accordance with the decided principles for the appointment of a nomination committee at Image Systems', it is hereby announced that the company's major owners has appointed a nomination committee with chairman of the board Anders Fransson as convener. The selection committee includes: Hans Karlsson, appointed by Tibia Konsult AB, Thomas Wernhoff, own holding, and Hans Malm, own holding. The nomination committee has appointed Hans Karlsson as its chairman. Reported Earnings • Aug 21
Second quarter 2022 earnings released: kr0.007 loss per share (vs kr0.015 loss in 2Q 2021) Second quarter 2022 results: kr0.007 loss per share (up from kr0.015 loss in 2Q 2021). Revenue: kr45.0m (up 2.0% from 2Q 2021). Net loss: kr600.0k (loss narrowed 54% from 2Q 2021). Over the next year, revenue is forecast to grow 13%, compared to a 16% growth forecast for the Electronic industry in Germany. Reported Earnings • May 07
First quarter 2022 earnings released: kr0.037 loss per share (vs kr0.049 loss in 1Q 2021) First quarter 2022 results: kr0.037 loss per share (up from kr0.049 loss in 1Q 2021). Revenue: kr34.4m (flat on 1Q 2021). Net loss: kr3.30m (loss narrowed 25% from 1Q 2021). Over the next year, revenue is forecast to grow 9.2%, compared to a 28% growth forecast for the industry in Germany. Reported Earnings • Apr 15
Full year 2021 earnings released: EPS: kr0.001 (vs kr0.20 loss in FY 2020) Full year 2021 results: EPS: kr0.001 (up from kr0.20 loss in FY 2020). Revenue: kr158.7m (down 5.1% from FY 2020). Net income: kr100.0k (up kr18.4m from FY 2020). Profit margin: 0.1% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the next year, revenue is forecast to grow 6.5%, compared to a 27% growth forecast for the industry in Germany. Recent Insider Transactions • Mar 24
Independent Director recently bought €10k worth of stock On the 15th of March, Anders Fransson bought around 81k shares on-market at roughly €0.13 per share. In the last 3 months, there was an even bigger purchase from another insider worth €37k. Insiders have collectively bought €99k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Mar 22
Independent Director recently bought €10k worth of stock On the 15th of March, Anders Fransson bought around 81k shares on-market at roughly €0.13 per share. In the last 3 months, there was an even bigger purchase from another insider worth €37k. Insiders have collectively bought €99k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Mar 21
Independent Director recently bought €10k worth of stock On the 15th of March, Anders Fransson bought around 81k shares on-market at roughly €0.13 per share. In the last 3 months, there was an even bigger purchase from another insider worth €37k. Insiders have collectively bought €99k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 12
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: kr0.001 (up from kr0.20 loss in FY 2020). Revenue: kr158.7m (down 5.1% from FY 2020). Net income: kr100.0k (up kr18.4m from FY 2020). Profit margin: 0.1% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 6.5%, compared to a 23% growth forecast for the industry in Germany. Reported Earnings • Nov 14
Third quarter 2021 earnings released: EPS kr0.036 (vs kr0.003 loss in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: kr36.1m (down 8.6% from 3Q 2020). Net income: kr3.20m (up kr3.50m from 3Q 2020). Profit margin: 8.9% (up from net loss in 3Q 2020). Reported Earnings • Aug 24
Second quarter 2021 earnings released: kr0.015 loss per share (vs kr0.019 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses and improved control over expenses, although revenues were flat. Second quarter 2021 results: Revenue: kr44.1m (flat on 2Q 2020). Net loss: kr1.30m (loss narrowed 24% from 2Q 2020). Reported Earnings • May 09
First quarter 2021 earnings released: kr0.049 loss per share (vs kr0.037 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: kr34.3m (down 22% from 1Q 2020). Net loss: kr4.40m (loss widened 33% from 1Q 2020). Reported Earnings • Feb 16
Full year 2020 earnings released: kr0.20 loss per share (vs kr0.078 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: kr167.2m (down 21% from FY 2019). Net loss: kr18.3m (loss widened 161% from FY 2019).