INVISIO AB (IVSO) AI Stock Analysis

• Market Cap: €14.94B
• Dividend Yield: 0.68%
• Average Volume (3M): 69.59K
• Price to Earnings (P/E): 58.4
• Beta (1Y): 0.95
• Revenue Growth: 12.46%
• EPS Growth: 25.56%
• Country: SE
• Employees: 294
• Sector: Communication Services
• Sector Strength: 97
• Industry: Communication Equipment
• EPS (TTM): 0.69
• Shares Outstanding: 46,179,634
• 10 Day Avg. Volume: 52,403
• 30 Day Avg. Volume: 69,591
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: €433.59
• Price Target Upside: 27.72% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 69 Neutral
• Price Target: kr369.00 ▲(8.69% Upside)

INVISIO AB's overall stock score reflects solid financial performance and positive technical momentum, although valuation concerns due to a high P/E ratio and low dividend yield weigh on the score. The company's financial stability and profitability are strong, but challenges in revenue growth and cash flow efficiency need attention. Technical indicators suggest bullish momentum, but mixed signals from moving averages warrant caution.

INVISIO AB Business Overview & Revenue Model

Company Description

Invisio AB (publ) develops and sells personal communication and hearing protection systems for professionals in the defense and military, law enforcement, and security sectors in Sweden, Europe, North America, and internationally. The company offers headsets, control units, intercom systems, accessories and remote push-to-talk units, and cables. Its products are used in high noise and hearing protection applications. The company sells its products under the INVISIO, and Racal Acoustics brands. Invisio AB (publ) markets and sells its products through partners and resellers. The company was formerly known as INVISIO Communications AB (publ) and changed its name to Invisio AB (publ) in June 2010. Invisio AB (publ) was founded in 1999 and is based in Malmö, Sweden.

How the Company Makes Money

INVISIO AB makes money by designing, manufacturing, and selling advanced communication and hearing protection systems. The company's revenue model is largely based on product sales to military, law enforcement, and security organizations. Key revenue streams include direct sales of its communication systems, which consist of headsets and control units. These products are typically sold through contracts with government agencies and defense contractors. INVISIO also benefits from partnerships with key players in the defense and security sectors, which can enhance its market presence and lead to additional sales opportunities. The company invests in research and development to maintain a competitive edge and meet the specific needs of its clients, which also contributes to its revenue generation.

INVISIO AB Financial Statement Overview

Summary

INVISIO AB demonstrates solid financial performance with strong profitability and financial stability. While the company has managed its costs effectively, the recent decline in revenue growth and free cash flow could pose challenges. Overall, the company is well-positioned in the communication equipment industry, but should focus on revitalizing growth and enhancing cash flow efficiency.

Income Statement

INVISIO AB has shown strong profitability with a consistent gross profit margin above 55% and a net profit margin around 15% in the TTM. However, the revenue growth rate has declined by 6.86% in the TTM, indicating potential challenges in maintaining sales momentum. The EBIT and EBITDA margins remain healthy, reflecting efficient cost management.

Balance Sheet

The company maintains a low debt-to-equity ratio of 0.079 in the TTM, indicating strong financial stability and low leverage risk. Return on equity is robust at 25.81%, showcasing effective use of shareholder funds. The equity ratio stands at a solid level, further emphasizing financial health.

Cash Flow

Operating cash flow to net income ratio is strong at 1.25, indicating good cash generation relative to earnings. However, free cash flow growth has declined by 14.61% in the TTM, which could impact future investment capabilities. The free cash flow to net income ratio remains moderate, suggesting room for improvement in cash efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.71B	1.81B	1.24B	775.50M	593.00M	532.00M
Gross Profit	1.00B	1.01B	747.30M	449.80M	340.40M	309.10M
EBITDA	400.80M	463.40M	285.60M	96.10M	52.10M	103.40M
Net Income	252.50M	306.40M	178.40M	44.50M	14.50M	61.20M
Balance Sheet
Total Assets	1.44B	1.42B	1.05B	799.90M	690.00M	515.80M
Cash, Cash Equivalents and Short-Term Investments	315.00M	242.40M	224.90M	127.10M	134.80M	157.70M
Total Debt	81.90M	36.90M	37.80M	89.80M	119.30M	23.80M
Total Liabilities	396.00M	395.00M	332.60M	290.00M	272.50M	136.90M
Stockholders Equity	1.04B	1.03B	720.40M	509.90M	417.50M	378.90M
Cash Flow
Free Cash Flow	169.50M	145.50M	151.30M	8.20M	72.40M	60.30M
Operating Cash Flow	352.00M	157.00M	204.70M	41.70M	91.00M	85.60M
Investing Cash Flow	-183.20M	-77.90M	-55.00M	-33.50M	-191.90M	-25.40M
Financing Cash Flow	38.80M	-70.70M	-48.50M	-25.10M	73.00M	-39.50M

INVISIO AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 339.50
• 50DMA: Negative
• 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:IVSO, the sentiment is Negative. The current price of 339.5 is above the 20-day moving average (MA) of 317.10, above the 50-day MA of 326.73, and below the 200-day MA of 340.71, indicating a neutral trend. The MACD of 2.43 indicates Negative momentum. The RSI at 52.27 is Neutral, neither overbought nor oversold. The STOCH value of 59.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:IVSO.

INVISIO AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IVSO	69 Neutral	€14.94B	58.44	27.03%	0.68%	12.46%	25.56%
EPEN	66 Neutral	4.13B	29.71	8.09%	0.97%	-9.14%	-29.28%
HMS	65 Neutral	22.69B	61.52	11.10%	―	10.70%	-18.64%
KEBNI.B	62 Neutral	643.01M	419.64	0.00%	―	25.82%	0.00%
MAVEN	55 Neutral	416.29M	-56.72	0.00%	―	-14.52%	-124.02%
GAPW.B	46 Neutral	647.84M	-15.83	0.00%	―	89.00%	37.60%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%

INVISIO AB Corporate Events

INVISIO Launches New T30 Headset for Defense Market

INVISIO has launched the INVISIO T30 headset, a new tactical headset designed to enhance performance and versatility for the high-volume defense segment. This launch is expected to significantly contribute to the company’s growth by 2026, strengthening its ability to secure large tenders from organizations like NATO. The T30 offers superior sound quality, hearing protection, and situational awareness, and can operate independently or integrate with INVISIO’s ecosystem of products. This positions INVISIO to better serve a global market estimated at SEK 11 billion annually for personal communication systems in defense and emergency services.

The most recent analyst rating on (SE:IVSO) stock is a Hold with a SEK332.00 price target. To see the full list of analyst forecasts on INVISIO AB stock, see the SE:IVSO Stock Forecast page.

INVISIO Strengthens Management with New VP Appointment

INVISIO AB has appointed Vibeke Lillie Gadsbøll as Vice President of Global Quality Management, effective September 15, 2025. Gadsbøll’s extensive experience in quality assurance from medical technology and pharmaceutical sectors will support INVISIO’s focus on quality as a cornerstone for growth and success, enhancing its market-leading position in advanced communication systems.

INVISIO AB Secures Major Order and Updates Financial Targets Amid Strong Q2 Performance

INVISIO AB reported strong performance in the second quarter of 2025, highlighted by a significant order worth SEK 145 million from a new European customer for its personal communication system. The company also updated its operating margin target to achieve an average annual margin of at least 20 percent, reflecting confidence in its growth strategy amid rising defense budgets.

INVISIO AB Updates Operating Margin Target Amid Market Growth

INVISIO AB has updated its financial target for the operating margin, aiming for an average annual operating margin of at least 20 percent over time, an increase from the previous target of more than 15 percent. This adjustment reflects a more active market environment with expected sales growth outpacing cost increases, and stakeholders are advised to consider long-term performance due to potential volatility in defense-related operations.

INVISIO AB Announces Half-Year Report Conference Call

INVISIO AB has announced a conference call scheduled for July 18, 2025, where CEO Lars Højgård Hansen will present the company’s Half-Year Report. This event is significant for stakeholders as it provides insights into the company’s performance and strategic direction, with the presentation and Q&A session offering an opportunity for engagement and understanding of INVISIO’s market positioning.

INVISIO Secures Major SEK 145 Million Order for Soldier Systems

INVISIO AB has secured a significant order worth SEK 145 million from a new European customer for its dismounted soldier systems, which include the newly launched INVISIO X7 in-ear headset and control units. This order highlights INVISIO’s strong market position in providing advanced communication solutions that meet the high expectations of users in critical environments, further expanding its customer network.