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2024-04-24 Irisity Irisity AB: CEO Comments on 2023 full year results Rapporter Ladda ner | Visa Stäng
Rapporter | 24 Apr 2024 | Irisity

Irisity AB: CEO Comments on 2023 full year results

CEO Comments on 2023 full year results

Gothenburg, Sweden – April 24, 2024 – Irisity AB (publ), a leading provider of AI-powered video analytics software reports 2023 was a year of strong net sales growth, improved profitability and accelerated R&D innovation and product releases.

In 2023 we started the year with significant changes and end the year with record net sales which grew 34% YoY and improved EBITDA by 49%. We grew the company sales organization without increasing overall personnel costs thru optimizing our investments in other departments and roles. In second half of 2023, we improved profitability thru a focused effort on lowering our cost of goods sold (COGS) and increasing sales of software upgrade plans. Lastly, we reorganized our development teams to improve the speed and impact of customer innovation and product deliveries.

Looking ahead, we’re enthusiastic about future opportunities and confident in Irisity’s ability to navigate market uncertainties. The increasing global adoption of AI solutions for security and safety use-cases will enable our future growth and with strategic investments in our AI Open Platform, Irisity is uniquely positioned to continue to be a leading software provider.
Keven Marier
Key figures full year 2023:

  •           Net sales MSEK 117.6 (87.7).
  •         Gross margin 85.9%, (79.7%).
  •           EBITDA MSEK -16.4 (-32.0)
  •           Profit after tax MSEK -132.5 (-136.9)
  •           Cash and cash equivalents at the end of the period MSEK 13.6 (17.6)

The 2023 Annual Report is available at www.irisity.com

For further information:

Keven Marier, Irisity CEO                                  Anna Forsberg, Irisity interim CFO

Phone: +46 771 41 11 00                                 Phone: +46 709 10 81 08

E-mail: keven.marier@irisity.comE-mail:anna.forsberg@irisity.com

This information is information that Irisity AB (publ) is obliged to make public according to the EU’s market abuse regulation. The information was submitted for publication, through the above contact persons, at 08:00 CET on 24 April 2024.

About Irisity AB (publ):

Irisity’s AI Open Platform enhances any camera and video management system by integrating advanced AI and video metadata management. Trusted in over 3,000 locations globally, Irisity’s platform augments human decisions to improve safety, operational efficiency and organizational intelligence.

The Irisity AB (publ) share is listed on Nasdaq First North Growth Market, with the ticker IRIS, the Company’s Certified Adviser is Carnegie Investment Bank AB (publ)

Sweden| USA | Israel | Singapore | UAE | Colombia | Brazil | Argentina | Australia | United Kingdom

2024-04-24 Irisity Irisity AB: VD Kommenterar resultatet för 2023 Rapporter Ladda ner | Visa Stäng
2024-03-27 Irisity Irisity AB (publ) Announces planned streamlining of group operations ahead of Ultinous Zrt acquisition Pressreleaser Visa Stäng
2024-03-27 Irisity Irisity AB (publ) tillkännager effektiviseringsåtgärder för koncernen inför slutförandet av förvärv av Ultinous-Zrt Pressreleaser Visa Stäng
2024-03-19 Irisity Kommuniké från extra bolagsstämma i Irisity AB (publ) Pressreleaser Ladda ner | Visa Stäng
2024-03-19 Irisity Bulletin from Extraordinary General Meeting in Irisity AB (publ) Pressreleaser Ladda ner | Visa Stäng
2024-03-19 Irisity Irisity AB (publ) Awarded Major US Transportation Project Expansion. Pressreleaser Visa Stäng
2024-03-19 Irisity Irisity AB (publ) tilldelas stort projekt för expansion med amerikansk kund inom transportsektorn. Pressreleaser Visa Stäng
2024-03-01 Penser Access by Carnegie Penser Access by Carnegie: Irisity - Coverage paused Pressreleaser Visa Stäng
2024-02-29 Irisity Irisity AB: NOTICE OF EXTRAORDINARY GENERAL MEETING IN IRISITY AB (PUBL) Pressreleaser Ladda ner | Visa Stäng
2024-02-29 Irisity Irisity AB: KALLELSE TILL EXTRA BOLAGSSTÄMMA I IRISITY AB (PUBL) Pressreleaser Ladda ner | Visa Stäng
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2024-02-29 Irisity Irisity AB: Accelerating Momentum: Irisity's Path to Sustained Profitability Pressreleaser Ladda ner | Visa Stäng
2024-02-28 Irisity Irisity AB (publ) signs binding term sheet to acquire Ultinous Zrt, and intends to carry out a directed issue of SEK 45 million Pressreleaser Ladda ner | Visa Stäng
2024-02-28 Irisity Irisity AB (publ) tecknar bindande term sheet för att förvärva Ultinous Zrt, och avser att genomföra en riktad emission på 45 miljoner kronor Pressreleaser Ladda ner | Visa Stäng
2024-02-22 Irisity Irisity AB: Irisity senarelägger delårsrapport för fjärde kvartalet. Pressreleaser Ladda ner | Visa Stäng
2024-02-22 Irisity Irisity AB: Irisity postpones interim report for the fourth quarter. Pressreleaser Ladda ner | Visa Stäng
2024-02-07 Irisity Irisity AB: Irisity IRIS+™ AI öppna plattform vald av SYM Servicios för Michoacáns säkerhetscenter Pressreleaser Ladda ner | Visa Stäng
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2024-02-02 Irisity Irisity AB: Amerikansk myndighet förlänger supportavtal med Irisity Pressreleaser Ladda ner | Visa Stäng
2024-02-02 Irisity Irisity AB: US Government Agency Extends Product Support Agreement with Irisity Pressreleaser Ladda ner | Visa Stäng
2024-01-30 Irisity Irisity AB: Irisity Awarded Renewal and Expansion of Perimeter Security Contract in the UK Pressreleaser Ladda ner | Visa Stäng
2024-01-30 Irisity Irisity AB: Irisity tilldelas utökat avtal för intrångsdetektion i Storbritannien. Pressreleaser Ladda ner | Visa Stäng
2023-11-30 Irisity Irisity AB: Irisity byter Certified Adviser till Carnegie Investment Bank AB (publ). Pressreleaser Ladda ner | Visa Stäng
2023-11-30 Irisity Irisity AB: Irisity changes Certified Adviser to Carnegie Investment Bank AB (publ). Pressreleaser Ladda ner | Visa Stäng
2023-11-15 Penser Access Penser Access: Upprepar guidning, men med lägre visabilitet - Irisity Pressreleaser Visa Stäng
2023-11-14 Irisity Irisity AB (publ) upprätthåller en tillväxtbana med en stark intäktsökning för tredje kvartalet där nettoomsättningen fortsätter att växa under hela året. Rapporter Ladda ner | Visa Stäng
2023-11-14 Irisity Irisity AB (publ) maintains a trajectory of growth, with third-quarter revenues significantly higher and net sales continuing to grow throughout the year. Rapporter Ladda ner | Visa Stäng
2023-11-09 Irisity Irisity AB: Irisity har utsett valberedning inför årsstämman 2024. Pressreleaser Ladda ner | Visa Stäng
2023-11-09 Irisity Irisity AB: Irisity has appointed a nomination committee for the 2024 annual general meeting. Pressreleaser Ladda ner | Visa Stäng
2023-11-07 Irisity Irisity AB: Irisity provides market update amidst Middle East tensions. Pressreleaser Ladda ner | Visa Stäng
2023-11-07 Irisity Irisity AB: Finansiell uppdatering med anledning av krisen i Mellanöstern. Pressreleaser Ladda ner | Visa Stäng
2023-10-13 Irisity Investor and board member Anders Trygg increases his stake in Irisity AB (publ) through a off market block sale acquisition Pressreleaser Ladda ner | Visa Stäng
2023-10-10 Irisity Kommuniké från extra bolagsstämma i Irisity AB (publ) Pressreleaser Ladda ner | Visa Stäng
2023-10-10 Irisity Kommuniké från extra bolagsstämma i Irisity AB (publ) Pressreleaser Ladda ner | Visa Stäng
2023-10-09 Irisity Irisity AB: Irisity's Operations in Israel Remain Unaffected Amidst Recent Terrorist Attacks. Pressreleaser Ladda ner | Visa Stäng
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2023-09-22 Irisity Irisity AB: NOTICE TO ATTEND THE EXTRAORDINARY GENERAL MEETING IN IRISITY AB (PUBL) Pressreleaser Ladda ner | Visa Stäng
2023-09-22 Irisity Irisity AB: KALLELSE TILL EXTRA BOLAGSSTÄMMA I IRISITY AB (PUBL) Pressreleaser Ladda ner | Visa Stäng
2023-09-21 Irisity Irisity AB (publ) has carried out a directed issue of MSEK 39 and convenes an extraordinary general meeting. Pressreleaser Ladda ner | Visa Stäng
2023-09-21 Irisity Irisity AB (publ) genomför en riktad emission om 39 MSEK och kallar till extra bolagsstämma. Pressreleaser Ladda ner | Visa Stäng
2023-09-21 Irisity Irisity AB (publ) is exploring the conditions for conducting a directed issue of approximately MSEK 35. Pressreleaser Ladda ner | Visa Stäng
2023-09-21 Irisity Irisity AB (publ) utreder förutsättningarna för att genomföra en riktad nyemission om ca 35 MSEK. Pressreleaser Ladda ner | Visa Stäng
2023-08-15 Penser Access Penser Access: Guidning för helåret visar att tillväxten är tillbaka - Irisity Pressreleaser Visa Stäng
2023-08-14 Irisity Irisity AB: Irisity promotes regional director to VP Sales and Operations, CALA (Caribbean and Latin America) to accelerate our regional focus and sales growth. Pressreleaser Ladda ner | Visa Stäng
2023-08-14 Irisity Irisity AB: Irisity stärker regionalt fokus och ökar försäljningstillväxten genom att befordra Joao Paulo Florentino de Sousa till VP Sales and Operations, CALA (Karibien och Latinamerika). Pressreleaser Ladda ner | Visa Stäng
2023-08-14 Irisity Irisity AB: Irisity reappoints Anna Forsberg as new Interim Chief Financial Officer Pressreleaser Ladda ner | Visa Stäng
2023-08-11 Irisity Irisity AB (publ) reports a quarter of synergy, strategic refinement, and growth. Rapporter Ladda ner | Visa Stäng
2023-08-11 Irisity Irisity AB (publ) rapporterar ett kvartal av synergier, strategisk förfining och tillväxt. Rapporter Ladda ner | Visa Stäng
2023-06-12 Irisity Irisity AB: Irisity recruits Raziel Bareket as Chief Operating Officer (COO) Pressreleaser Ladda ner | Visa Stäng
2023-06-02 Irisity Kommuniké från extra bolagsstämma i Irisity AB (publ). Pressreleaser Ladda ner | Visa Stäng
2023-06-02 Irisity Bulletin from extraordinary general meeting in Irisity AB (publ). Pressreleaser Ladda ner | Visa Stäng
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2023-05-16 Irisity Irisity AB: NOTICE TO ATTEND THE EXTRAORDINARY GENERAL Pressreleaser Ladda ner | Visa Stäng
2023-05-15 Penser Access Penser Access: Arbetar av orderbok från 2022 - Irisity Pressreleaser Visa Stäng
2023-05-12 Irisity Irisity AB (publ) reports a good start of the year Rapporter Ladda ner | Visa Stäng
2023-05-12 Irisity Irisity AB (publ) rapporterar stark inledning på året Rapporter Ladda ner | Visa Stäng
2023-05-09 Irisity Irisity AB: Irisity rekryterar ny CFO Pressreleaser Visa Stäng
2023-05-09 Irisity Irisity AB: Irisity recruits new CFO Pressreleaser Visa Stäng
2023-05-09 Irisity Irisity AB: Större aktieägare i Irisity begär en extra bolagsstämma för att rösta om förslag till ny styrelse. Pressreleaser Ladda ner | Visa Stäng
2023-05-09 Irisity Irisity AB: Major shareholders in Irisity request an extra general meeting to vote on proposals for a new board. Pressreleaser Ladda ner | Visa Stäng
2023-05-09 Irisity Irisity AB: Större aktieägare i Irisity begär en extra bolagsstämma för att rösta om förslag till ny styrelse. Pressreleaser Ladda ner | Visa Stäng
2023-05-09 Irisity Irisity AB: Major shareholders in Irisity request an extra general meeting to vote on proposals for a new board. Pressreleaser Ladda ner | Visa Stäng
2023-04-27 Irisity Bulletin from Annual General Meeting in Irisity AB (publ) Pressreleaser Ladda ner | Visa Stäng
2023-04-27 Irisity Kommuniké från årsstämma i Irisity AB (publ) Pressreleaser Ladda ner | Visa Stäng
2023-04-25 Irisity Irisity AB: Irisity and SYM Servicios partner to continue to save lives. Pressreleaser Ladda ner | Visa Stäng
2023-04-25 Irisity Irisity AB: Irisity och SYM Servicios tecknar samarbetsavtal för att fortsätta rädda liv. Pressreleaser Ladda ner | Visa Stäng

Kommande händelser

15 May 2024 | Kvartalsrapport 2024-Q1
30 May 2024 | Årsstämma 2023
31 May 2024 | Årligutdelning
15 Aug 2024 | Kvartalsrapport 2024-Q2
14 Nov 2024 | Kvartalsrapport 2024-Q3