Irisity AB (IRIS) AI Stock Analysis

• Market Cap: $47.11M
• Dividend Yield: N/A
• Average Volume (3M): 173.66K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.28
• Revenue Growth: -32.95%
• EPS Growth: 7.37%
• Country: SE
• Employees: 76
• Sector: Technology
• Sector Strength: 92
• Industry: Security & Protection Services
• EPS (TTM): -0.48
• Shares Outstanding: 167,040,540
• 10 Day Avg. Volume: 296,453
• 30 Day Avg. Volume: 173,655
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.46
• Enterprise Value/Revenue: 0.83
• Enterprise Value/Gross Profit: 4.82
• Enterprise Value/Ebitda: -0.64
• 1Y Price Target: $0.45
• Price Target Upside: 65.58% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 38 Underperform
• Price Target: $0.00 ▼(-100.00% Downside)

Irisity AB's overall stock score reflects significant financial challenges, with declining revenues and persistent net losses impacting its financial performance. The technical analysis indicates bearish momentum, reinforcing the negative outlook. The valuation is unfavorable due to the negative P/E ratio and lack of dividend yield, presenting a high-risk investment profile.

Irisity AB Business Overview & Revenue Model

Company Description

Irisity AB (IRIS) is a Swedish technology company that specializes in developing advanced video analytics software powered by artificial intelligence (AI). The company focuses on enhancing security and operational efficiency across various sectors, including critical infrastructure, transportation, and commercial property. Irisity's core product offerings include AI-based surveillance solutions that integrate with existing camera systems to provide real-time, automated monitoring and threat detection.

How the Company Makes Money

Irisity AB generates revenue primarily through the sale and licensing of its AI-driven video analytics software. The company offers its software solutions to a diverse range of industries, enabling them to upgrade their security systems with intelligent monitoring capabilities. Key revenue streams include subscription fees for cloud-based services, software licenses for on-premise installations, and maintenance and support services. Additionally, Irisity partners with camera manufacturers and security solution providers to expand its market reach. Strategic partnerships and collaborations are significant contributors to the company's earnings, allowing it to integrate its technology into various security ecosystems and enhance its distribution channels.

Irisity AB Financial Statement Overview

Summary

Irisity AB is experiencing significant financial challenges. Declining revenues, persistent net losses, and negative cash flows highlight operational inefficiencies and financial instability. The company's low leverage offers some flexibility, but addressing these issues is crucial for long-term sustainability.

Income Statement

Irisity AB has experienced declining revenue from 2023 to 2024 and consistent negative net income over the years. The EBIT and EBITDA margins are both negative, indicating operating inefficiencies. Despite some gross profit, the company is struggling to convert it into positive net income, reflecting operational challenges.

Balance Sheet

The company's debt-to-equity ratio remains low, suggesting conservative leverage. However, the equity ratio has declined, and the return on equity is negative due to continuing net losses. This indicates financial instability and a need for improved profitability to enhance shareholder value.

Cash Flow

Irisity AB's cash flow statement shows negative operating cash flow and free cash flow, reflecting liquidity challenges. The company has been unable to generate positive free cash flow over recent periods, highlighting operational cash generation issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	83.44M	103.94M	117.60M	87.68M	77.29M	36.77M
Gross Profit	14.29M	106.59M	129.13M	94.79M	70.97M	32.00M
EBITDA	-107.93M	-92.48M	-89.84M	-94.64M	6.40M	-11.49M
Net Income	-234.58M	-216.07M	-132.53M	-136.93M	-23.93M	-19.61M
Balance Sheet
Total Assets	616.38M	738.23M	760.19M	863.39M	898.89M	137.87M
Cash, Cash Equivalents and Short-Term Investments	4.32M	7.55M	13.64M	17.58M	71.34M	65.15M
Total Debt	0.00	12.65M	23.28M	15.00M	1.17M	2.34M
Total Liabilities	119.94M	117.20M	128.54M	124.31M	136.85M	20.11M
Stockholders Equity	496.43M	621.02M	631.65M	739.07M	762.04M	117.76M
Cash Flow
Free Cash Flow	-46.65M	-59.87M	-69.65M	-68.28M	-43.25M	-21.18M
Operating Cash Flow	-46.65M	-59.87M	-42.71M	-41.96M	-27.44M	-11.14M
Investing Cash Flow	-41.46M	-33.96M	-26.94M	-26.33M	-90.16M	-10.04M
Financing Cash Flow	84.06M	87.75M	63.16M	13.77M	123.79M	46.53M

Irisity AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.27
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:IRIS, the sentiment is Negative. The current price of 0.27 is below the 20-day moving average (MA) of 0.34, below the 50-day MA of 0.36, and below the 200-day MA of 0.69, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 39.11 is Neutral, neither overbought nor oversold. The STOCH value of 42.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:IRIS.

Irisity AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	56 Neutral	$292.64M	11.36	-17.16%	2.59%	10.30%	-47.61%
LEVEL	56 Neutral	kr132.42M	―	-7.80%	―	-7.09%	-941.77%
PION.B	53 Neutral	kr292.91M	―	-39.44%	4.53%	-21.21%	-1708.20%
WISE	50 Neutral	kr115.30M	―	-28.67%	―	-21.44%	-1.92%
PREC	46 Neutral	kr254.58M	―	-8.43%	―	9.76%	43.58%
HEGR	46 Neutral	kr32.46M	28.36	0.62%	11.43%	-20.81%	-93.03%
IRIS	38 Underperform	$47.11M	―	-40.26%	―	-32.95%	7.37%