Irisity AB (publ) maintains a trajectory of growth, with third-quarter revenues significantly higher and net sales continuing to grow throughout the year.
The CEO comments on the third quarter: Irisity reports significant YoY growth, with Q3 revenues up by 143% and net sales increasing by 19% for the first three quarters of 2023. We have achieved a second consecutive quarter of positive EBITDA, while continuing to uphold a robust gross margin. Our current financial position includes cash and credit facilities totaling 31.4 MSEK, which encompasses the recent directed share issue of 39 MSEK resolved at the EGM on October 10. The net result was negative because of large amortization of goodwill and intangible assets after the