Irisity AB (publ) reports a quarter of synergy, strategic refinement, and growth.
The CEO comments on the second quarter: Irisity's past quarter has been marked by transformation and growth. Key changes include a rejuvenated executive team and optimized board, focusing on partnership-centric sales and AI/Machine Learning innovation. Q2 revenue increased to 30.2 MSEK, with a healthy gross margin of 83.9%. New regional partners are paving the way for future expansion. Although investments during the period have temporarily reduced available cash, these are to be seen as integral to long-term value creation. Additionally, a shift towards a partner-first