Irisity AB (publ) CEO discusses company strategy with Analyst Group
Keven Marier, CEO of Irisity interviewed by Analyst Group regarding path to profitability and growth.
Irisity has had a great growth journey over the past 18 years, says Keven Marier. When I joined Irisity just over 18 months ago, I knew we could accelerate the physical security industry’s AI software adoption with our partners and guide the impactful use of Irisity’s IRIS+ platform in our customer monitoring operations.
To capitalize on the shift to AI in monitoring operations and build long-term shareholder value, we needed to implement five key strategic initiatives by end of 2024. I discussed with Analyst Group how the strategic initiatives will impact our continued growth journey, path to profitability and positive operating cash flow. In this interview I shared more details about our plans and progress.
Summary of interview
- Introduction to Irisity
- IRIS+ AI video analytics platform unique advantages
- Strategic initiatives and progress to profitability
- Rights issue
- 2025 company focus
- Investment case
Find video interview and complete analysis of Irisity from Analyst Group here https://analystgroup.se/bolag/irisity/
Analyst Group
Analyst Group is a growing analysis house with a focus on small and microcap companies in Sweden. Since our inception in 2014, we have developed in-depth knowledge and experience in analyzing and offering equity analysis, while helping companies improve their investor relations for greater understanding and transparency. As a link between investors and companies, we provide support in
investment decisions, capital allocation and communication channels
Advisors
Irisity has mandated Penser by Carnegie, Carnegie Investment Bank AB (publ) and Advokatfirman Vinge KB as financial and legal advisors respectively in connection with the Rights Issue.
For further information, please contact:
Keven Marier, CEO, Irisity AB, +46 771 41 11 00, [email protected].
About Irisity
Irisity's AI Open Platform enhances any camera and video management system by integrating a choice of advanced AI and video metadata management featuring hybrid architecture, built-in anonymization, and flexible deployment (on-premises, cloud, or hybrid). Globally trusted in over 3000 locations, our platform delivers real-time, efficient, and precise data, augmenting human decisions to improve safety, operational efficiency and organizational intelligence.
The Irisity AB (publ) share is listed on Nasdaq First North Growth Market, with the ticker IRIS, the Company's Certified Adviser is Carnegie Investment Bank AB.
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Important Information
This press release does not constitute an offer to sell, or a solicitation of an offer to buy or acquire, shares or other securities in the Company. Copies of this press release are not made and may not be distributed or otherwise sent to the United States, Australia, Hong Kong, Japan, Canada, New Zealand, Singapore, South Africa, South Korea, or any other jurisdiction where such action may be illegal or would require registration or other measures beyond those required under Swedish law.
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