The following are key events that we have chosen to highlight in the report:

• Net Sales Amounted to SEK 17.9m (25.8) – Decline of -31% Y-Y
• Invoicing Down Sharply Y-Y Due to Tough Comparables
• MRR Declines Sequentially – Regulatory Tailwinds Expected to Drive Gradual Recovery
• OPEX Reduction Efforts Underway
• Strained Liquidity Suggests Additional Need for Capital

Irisity’s Q2-25 report reflects a business navigating near-term headwinds, with continued pressure on revenues, MRR, and a liquidity position that remains strained, implying elevated financial risk. That said, there are encouraging signs, including a marked increase in commercial activity and the addition of a strategically important OEM partner, which strengthens the Company’s regional presence and supports long-term growth potential. Looking ahead, maintaining liquidity, executing planned cost reductions, and converting the growing sales pipeline into revenue will be critical in driving a return to sustainable growth.

Read Analyst Group’s comment on the report here

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This is a press release from Analyst Group regarding the publication of a comment on Irisity. Readers may assume that Analyst Group has received compensation for making the comment. The Company has not been given an opportunity to influence the parts where Analyst Group has had opinions about the Company, future valuation or anything else that could be considered a subjective assessment.