Analyst Group Comment on Irisity - Market Tailwinds and Pending Inflection Point
Irisity AB (”Irisity” or ”the Company”) is a leading provider of AI-driven video analytics solutions, specializing in advanced software that transforms conventional security cameras into intelligent detection systems, all while upholding stringent privacy standards. With a presence in more than 90 countries, Irisity addresses a global market through the Company’s three primary segments: AI Solutions, AI Products, and AI Software as a Service (SaaS). With the strategic acquisition of Ultinous in H1-24, Irisity has enhanced its AI capabilities, integrating cutting-edge generative AI technologies aimed at capturing opportunities in the mid-market segment, which paves the wave for substantial growth potential in the coming years, why Analyst Group sees favorable opportunities for Irisity to capitalize on a high-growth market with its proprietary technology. Overall, Analyst Group believe the ongoing rights issue constitute an attractive entry point for investors at a Pre-Money valuation of SEK 80.7m.
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Read Analyst Group’s Comment on Irisity and the Ongoing Rights Issue 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.