Irisity: Market Leader Poised to Capitalize on the AI Video Analytics Market - Analyst Group

Irisity AB (“Irisity” or “the Company”) is a leading provider of AI-driven video analytics solutions, transforming conventional security cameras into intelligent detection systems while maintaining strict privacy standards. Operating in over 90 countries, Irisity serves a global market across three main segments: AI Solutions, AI Products, and AI SaaS. Irisity has implemented several initiatives to drive profitability and achieve positive cash flow, such as the appointment of a commercially oriented leadership team, consolidation of R&D units, a strategic shift towards faster-to-market segments to expedite the quote-to-cash cycle, and an increased focus on recurring revenue streams. With a highly scalable AI platform and a clear roadmap towards profitability, Irisity is well-positioned to capitalize on the expanding AI market. The forecasted EBITDA for 2026 stands at SEK 13.2m, and by applying an EV/EBITDA multiple of 20x, this presents a potential value of SEK 1.8 per share in a Base scenario.