Irisity AB (IRIS) AI Stock Analysis

• Market Cap: kr75.00M
• Dividend Yield: N/A
• Average Volume (3M): 244.44K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.06
• Revenue Growth: -32.95%
• EPS Growth: 7.37%
• Country: SE
• Employees: 76
• Sector: Technology
• Sector Strength: 78
• Industry: Security & Protection Services
• EPS (TTM): -0.48
• Shares Outstanding: 167,040,510
• 10 Day Avg. Volume: 237,830
• 30 Day Avg. Volume: 244,443
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.35
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.76
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 41 Neutral
• Price Target: kr0.50 ▲(11.11%Upside)

The most significant factor is the company's poor financial performance, marked by declining revenues and persistent net losses. Technical indicators suggest mixed momentum, with potential overbought conditions. Valuation metrics are weak due to the negative P/E ratio and lack of dividend yield.

Irisity AB Business Overview & Revenue Model

Company Description

Irisity AB (IRIS) is a technology company specializing in developing advanced video analytics software for security and surveillance applications. The company operates within the sectors of artificial intelligence and video analytics, providing innovative solutions designed to enhance the effectiveness of surveillance systems. Its core product, Irisity's AI-powered platform, utilizes machine learning algorithms to detect and analyze suspicious behavior in real-time, offering enhanced security and operational efficiency to various sectors, including critical infrastructure, transportation, and retail.

How the Company Makes Money

Irisity AB makes money through the sale and licensing of its video analytics software solutions to a diverse range of clients, including businesses, government agencies, and security companies. The company's revenue model primarily includes subscription-based licensing, where clients pay recurring fees for the ongoing use of Irisity's software and services. Additionally, Irisity may engage in strategic partnerships and collaborations with technology integrators and security system providers, expanding its market reach and customer base. These partnerships, along with the continuous development and upgrading of its software solutions, contribute significantly to Irisity's earnings.

Irisity AB Financial Statement Overview

Summary

Irisity AB is facing significant financial challenges with declining revenues, persistent net losses, and negative cash flows, which indicate operational inefficiencies and financial instability.

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
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
103.94M	117.60M	87.68M	77.29M	36.77M
	Gross Profit
106.59M	129.13M	94.79M	70.97M	32.00M
	EBIT
-223.33M	-140.64M	-147.43M	-25.83M	-19.28M
	EBITDA
-92.48M	-89.84M	-94.64M	6.40M	-11.49M
	Net Income Common Stockholders
-216.07M	-132.53M	-136.93M	-23.93M	-19.61M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
7.55M	13.64M	17.58M	71.34M	65.15M
	Total Assets
738.23M	760.19M	863.39M	898.89M	137.87M
	Total Debt
12.65M	23.28M	15.00M	1.17M	2.34M
	Net Debt
5.10M	9.63M	-2.58M	-70.17M	-62.81M
	Total Liabilities
117.20M	128.54M	124.31M	136.85M	20.11M
	Stockholders Equity
621.02M	631.65M	739.07M	762.04M	117.76M
Cash Flow		Free Cash Flow
-59.87M	-69.65M	-68.28M	-43.25M	-21.18M
	Operating Cash Flow
-59.87M	-42.71M	-41.96M	-27.44M	-11.14M
	Investing Cash Flow
-33.96M	-26.94M	-26.33M	-90.16M	-10.04M
	Financing Cash Flow
87.75M	63.16M	13.77M	123.79M	46.53M

Irisity AB Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.45
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• 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 Neutral. The current price of 0.45 is above the 20-day moving average (MA) of 0.37, above the 50-day MA of 0.36, and below the 200-day MA of 1.01, indicating a neutral trend. The MACD of 0.03 indicates Negative momentum. The RSI at 59.73 is Neutral, neither overbought nor oversold. The STOCH value of 49.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:IRIS.

Irisity AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$11.80B	10.08	-7.46%	2.99%	7.37%	-8.21%
PREC	53 Neutral	kr285.53M	―	-8.43%	―	9.76%	43.58%
PION.B	53 Neutral	€277.49M	―	-39.44%	4.53%	-21.21%	-1708.20%
HEGR	50 Neutral	€46.49M	35.82	0.62%	11.43%	-20.81%	-93.03%
WISE	46 Neutral	€126.75M	―	-28.67%	―	-21.44%	-1.92%
LEVEL	44 Neutral	kr88.44M	―	-7.80%	―	-7.09%	-941.77%
IRIS	41 Neutral	kr75.00M	―	-40.26%	―	-32.95%	7.37%