Financial update before reporting the fourth quarter
Irisity AB (publ): Several large customer agreements corresponding to an incoming order value of just over SEK 45 million were concluded late in Q4, however, most of the revenue is expected in the coming months. Furthermore, projects in Holland, the UAE and Singapore have been reassessed based on delivery status, which has led to a shift of SEK 12 million revenue to the coming months. The net revenue for the fourth quarter is thus expected within the range of SEK 12-14 million. As of the end of January, the company has cash and available credit lines amounting to SEK 44 million,