Interim report
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1 IRISITY AB (PUBL) INTERIM REPORT Q2 2026 Irisity AB (publ) Interim report 1 April - 30 June 2026 Q2
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IRISITY AB (PUBL) INTERIM REPORT Q2 2026 2 See what matters, when it matters. IRISITY AB (PUBL) INTERIM REPORT Q2 2026 2
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3 IRISITY AB (PUBL) INTERIM REPORT Q2 2026 Table of contents The Group’s Summary Of The Period................................... 4 Sales & Results ......................................................................7 Share & Ownership ................................................................9 Financial Overview ................................................................14 Sustainability .........................................................................24 Definitions ..............................................................................26 Financial Calendar ................................................................ 28
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IRISITY AB (PUBL) INTERIM REPORT Q2 2026 4 The Group’s Summary Of The Period 01
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5 IRISITY AB (PUBL) INTERIM REPORT Q2 2026 1 April - 30 June 2026 Current year Q2 2026 (previous year Q2 2025) • Net sales MSEK 27.3 (17.9). • Work performed for own account MSEK 3.1 (6.2). • Gross margin 86.3 percent (78.8 percent). • EBITDA MSEK 1.6 (-12.0). • Result after tax MSEK -32.5 (-37.9). • Cash and available credit lines MSEK 5.6 (8.8). • MRR for the quarter MSEK 4.5 (3.7). • Invoicing amounted to MSEK 28.7 (21.2). • Collections amounted to MSEK 33.0 (19.8). 1 January - 30 June 2026 1 January - 30 June 2026 (previous year 1 January - 30 June 2025) • Net sales MSEK 46.5 (36.0). • Worked performed for own account MSEK 6.7 (11.7). • Gross margin 84.2 percent (72.8 percent). • EBITDA MSEK -3.4 (-30.8). • Result after tax MSEK -70.9 (-87.4). • MRR for the period MSEK 4.5 (3.9). • Invoicing amounted to MSEK 50.9 (37.8). • Collections amounted to MSEK 55.0 (46.4).
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During the second quarter, Irisity continued to execute its strategy focused on cost efficiency, recurring revenue and partner-led expansion. With a lower cost base now in place, sales growth translated into positive EBITDA of MSEK 1.6, compared with MSEK -12.0 last year. Sales: Regional performance was led by the USA & Canada and South America, reflecting solid execution across key strategic markets. On- premise deployments remained the dominant revenue driver, while cloud represents a significant opportunity for future growth. In the US, Irisity was awarded a major U.S. airport contract for 1,000 channels of IRIS+ Enterprise, valued at approximately MUSD 1. In Europe, one of Irisity’s partners has initiated the first phase of an AI video analytics deployment for a leading international precious metals company. IRIS+ Enterprise will be utilized to enhance security and operational control across the customer’s facilities, supporting both real-time and forensic investigations. Stockholm Metro continues to achieve positive results in reducing suicides at its stations using the Irisity solution. The customer has renewed the agreement for an additional one-year term, with an option to extend it for a further year. During the quarter, Irisity entered into a new OEM collaboration with an established security solutions provider, further strengthening our partner-first growth strategy. The agreement embeds our forensic- first video analytics technology into the partner’s platform, expanding our commercial reach and supporting scalable recurring software growth. Irisity continued to strengthen collaboration with key integration partners, resellers, OEM partners and VMS providers. The focus remains on scalable partner engagement models and joint commercial activities supporting recurring revenue growth. Net sales of MSEK 27.3, +52% compared to MSEK 17.9 L Y: Invoicing amounted to MSEK 28.7, compared with MSEK 21.2 L Y (+36%). Collections amounted to MSEK 33.0, compared with MSEK 19.8 L Y (+67%). The development reflects strong conversion of previous-quarter invoicing and improved customer payment timing. Growth was driven primarily by partner sales, supported by strong new business across the USA & Canada and South America. Monthly recurring revenue (MRR) at MSEK 4.5 vs MSEK 3.7 L Y, 22% increase At constant currency MRR was MSEK 4.8, an increase of +30% vs L Y. Continued growth in recurring revenue remains central to Irisity’s strategy and supports a more predictable and scalable business model. Costs: OpEx reduced to MSEK 25.3, -24.9% compared to MSEK 33.7 L Y Target for operating expense was to reach 30% decrease vs L Y. Q2 included strong development of sales and collections which increase commission, restated from increased commissions, the decrease is 25.8%. Irisity is committed to reaching the 30% target and additional cost reduction is to impact the P&L during coming quarters. Operating expenses decrease vs last quarter offset by increasing commission driven by strong sales performance, run rate excluding commission is down by 3%. Profitability: EBITDA of MSEK 1.6 vs MSEK -12.0 L Y EBITDA amounted to MSEK 1.6, compared with MSEK -12.0 L Y. Adjusted EBITDA, excluding work performed for own account, other operating income and costs amounted to MSEK -1.7. This KPI is closer to operational cash flow and close to target of being positive. Profitability was supported by higher sales combined with a reduced cost base. Irisity remains focused on sustaining positive adjusted EBITDA through continued commercial execution and cost discipline. Outlook Going into the second half of 2026, Irisity’s priorities remain commercial growth, recurring revenue, partner-led expansion, continued cost discipline and securing collections. With the cost base now aligned to the size of the business and a solid commercial pipeline, Irisity remains focused on achieving the previously communicated target. Gustav Zaar Interim CEO, Irisity AB (publ) Gustav Zaar CFO & Interim CEO Irisity AB (Publ) 2026-08-27 Q2: Positive EBITDA. A word from the CEO IRISITY AB (PUBL) INTERIM REPORT Q2 2026 6 6
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IRISITY AB (PUBL) INTERIM REPORT Q2 2026 7 Sales & Results 02
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8IRISITY AB (PUBL) INTERIM REPORT Q2 2026 Irisity in brief Irisity is a leading provider of AI-powered video analytics solutions. We develop innovative software upgrading ordinary security cameras to intelligent detection devices, while safeguarding personal privacy. Irisity currently serves customers in more than 90 countries and has an active presence in Sweden, Norway, USA, Israel, UAE, Colombia, Brazil, Argentina, United Kingdom, Mexico and Hungary. We operate through a network of resellers, partners, OEMs, Central Monitoring providers (security companies) and camera manufacturers globally. Sales and results in the group (KSEK) April - June 2026 April - June 2025 January - June 2026 January - June 2025 Net sales 27,281 17,898 46,489 36,040 Work performed for own account 3,071 6,224 6,712 11,713 Other operating income 2,195 2,736 5,077 3,578 EBITDA 1,606 -12,046 -3,414 -30,826 EBIT -35,211 -40,367 -75,857 -92,389 Operating margin % neg neg neg neg Result after financial items -35,284 -40,769 -76,450 -93,384 Result for the period -32,494 -37,906 -70,936 -87,389 Earnings per share -0.08 -0.23 -0.18 -0.52 Products and services Irisity’s technology safeguards people and assets by detecting incidents in real time. This includes the detection of events such as intrusions, trespassing, flames, violence, falls, and unattended objects, as well as rapid search and analysis of recorded video, and ex - traction of statistical data. Irisity ensures ethical guard - ing without infringement on personal privacy by offering all functionality with patented real-time anonymization technology. Sales and results in the group (KSEK) Invoiced in the group Collections in the group 40 35 30 25 20 15 10 5 0 66.8% 19.8 33.0 Q2 25 Q2 26 40 35 30 25 20 15 10 5 0 Q2 25 21.2 35.6% 28.7 Q2 26 (MSEK)(MSEK)
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IRISITY AB (PUBL) INTERIM REPORT Q2 2026 9 Share & Ownership 03
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10IRISITY AB (PUBL) INTERIM REPORT Q2 2026 Number of shares Irisity AB (publ) has 384,201,940 shares outstanding as of June 30, 2026. Ownership Irisity AB (publ), org. nr./Reg. No. 556705-4571 is a public company listed on Nasdaq First North Growth Market under the ticker IRIS. The shareholder overview describes the situation as of June 30, 2026, when 3,858 shareholders were registered. The ten major owners, 30 June 2026: Shareholders Number of shares Ownership interest Stockhorn Capital AB 221,333,443 57.61% Avanza Pension 49,358,851 12.85% Familjen Runmarker 7,653,967 1.99% Anders Trygg 4,693,968 1.22% Sun Red Beach Growth Partners Aps 3,332,844 0.87% Handelsbanken Liv Försäkring AB 3,306,074 0.86% Jan Andersson 3,125,000 0.81% Bo Perninger 3,100,000 0.81% Fredrik Malmström 2,401,000 0.62% Nordnet Pensionsförsäkring 2,239,187 0.58% The ten major shareholders in total 300,544,334 78.23% Others 83,657,606 21.77% Total 384,201,940 100.00%
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11 IRISITY AB (PUBL) INTERIM REPORT Q2 2026 Expected future development, key risks and uncertainty factors The company’s significant risk and uncertainty factors include operational risks such as risks related to market and technology development, patents, competitors, interest rates, currency and future financing, as well as securities-related risks, such as risks related to share performance, volatility and liquidity. The company is expanding internationally and with larger projects, there is also a tendency for longer project time, longer invoicing Liquidity and financing The company’s greatest risk lies in liquidity and the possibility of raising capital. Recession and the market’s risk appetite make the opportunities to raise new capital more challenging. Despite the more difficult market situation, the company has carried out several successful capital raisings, which shows a strong existing ownership base. Staff The company is strongly dependent on its specialist- competence, where the risks are primarily connected to staff turnover. Creativity and competence of staff are crucial to continue developing a competitive product. Recruitment of new personnel is also a key factor for success. Changes in political conditions or relations between countries may affect the working conditions of foreign employees. Credit and counterparty risk Credit and counterparty risk refers to the risk that a counterparty cannot fulfill its obligations, such as the provision of liquidity or payment. Irisity has a large variety of customers, both public and private businesses, directly to end customers and via partners, which spreads the risk. The international expansion increases the risk due to uncertainties in different countries. Currency Currency risk refers to the risk of a negative impact on the income statement, balance sheet and cash flow due to changes in exchange rates. The company’s global expansion and increased sales, primarily in USD, increases the currency risk. Regulatory landscape The industry is facing increasing regulatory requirements related to cybersecurity and artificial intelligence across various regions. These regulations will apply to the company both directly and indirectly through customers’ supply chain requirements and demand stringent cybersecurity measures to meet evolving standards, efforts in risk assessment, documentation and compliance. Geopolitical and Economic Environment The global economic and political landscape remains uncertain, marked by the rising geopolitical tensions. These developments may indirectly influence market conditions, customer investment decisions, and global supply chains. Ongoing geopolitical tensions, including the conflict in the Middle East involving Israel where the company has an entity, may also impact regional operations and business conditions. Irisity actively monitors these external factors to mitigate potential financial and operational impacts. cycle and extended payment periods that require more working capital. Investors are urged to make their own assessment of each risk factor and their respective impact on the group’s future potential. The above- mentioned risk factors are presented in no order of importance, and the list should not be regarded as exhaustive.
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12 IRISITY AB (PUBL) INTERIM REPORT Q2 2026 Incentive scheme During the AGM 2025, resolutions were passed to adopt two new long-term incentive programs aimed at key employees and board members within Irisity. The rationale behind these programs is multifaceted, aiming to enhance motivation and commitment across the organization, while supporting retention and long-term value creation. To facilitate the incentive programs, the AGM approved a directed issue of up to 8,500,000 warrants for employees and up to 1,000,000 warrants for board member Bjørn Skou Eilertsen. Based on the outstanding number of shares, the Warrant Programs 2025 will result in a maximum increase in share capital of SEK 855,000. Disclosure of significant events after the end of the period After the end of the second quarter of 2026, Irisity agreed with its largest shareholder, Stockhorn Capital AB, to amend the existing credit facility from up to SEK 5 million to up to SEK 10 million. The terms of the facility otherwise remain unchanged, including an annual interest rate corresponding to STIBOR 3M plus 4 percentage points and no other costs for the company. No other significant events have occurred after the end of the period. Accounting policies The interim financial report is prepared in accordance with recommendations and statements from the Swedish Accounting Standards Board, as well as from the Swedish Annual Accounts Act. The accounting policies applied in this interim report are the same as those used in the most recent annual report and they are uniform for both the group and for the parent company. Goodwill arising from the acquisitions of Visionists AB, Agent Video Intelligence Ltd and Ultinous Zrt is amortized over a period of five years. The financial results and positions of the group and the parent company are outlined in the income statement and balance sheet provided below. Other disclosures related to financial reporting In the fourth quarter of 2025, the group revised the useful life of goodwill from the acquisition of Agent Video Intelligence Ltd from eight to five years and the financial statements were restated accordingly. During the same period, additional prior-years errors were identified, which led to restatements of accrued income and foreign exchange differences related to intangible assets and deferred tax. All corrections were recognized in the opening balances for 2025, resulting in a restatement of previously reported Q2 2025 balance sheet figures. The Q1 and Q2 2025 income statements were not restated, as all adjustments were recognized and reported in Q4 2025.
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13 IRISITY AB (PUBL) INTERIM REPORT Q2 2026 Related party transactions During the second quarter of 2026, the company entered into a credit facility agreement with Stock- horn Capital AB for up to MSEK 5.0. The facility was agreed following arm’s-length negotiations and on market-based terms. As of 30 June 2026, the total outstanding loan from Stockhorn Capital AB, including the MSEK 5.0 credit facility, amounted to MSEK 13.1. No other related party transactions occurred during the second quarter of 2026 that had a material impact on the company’s financial position or results. True and fair view The Managing Board has mandated the CEO to publish the report. The Managing Board and the CEO confirm that this report provides a true and fair view of the group’s operations, position and performance, and describes ma- terial risks and uncertainties faced by the group. Other information This report has not been reviewed by the company’s auditors.
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IRISITY AB (PUBL) INTERIM REPORT Q2 2026 14 Financial Overview 04
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15IRISITY AB (PUBL) INTERIM REPORT Q2 2026 Net sales and result The group’s net sales for the quarter amounted to MSEK 27.3 (17.9) and work performed for own account totalling MSEK 3.1 (6.2). EBITDA for the quarter stood at MSEK 1.6 (-12.0) and the result after tax amounted to MSEK -32.5 (-37.9). Amortization charges of MSEK -36.7 (-28.2) are mainly related to goodwill arising from the acquisitions of Ultinous Zrt and Agent Video Intelligence Ltd., as well as amortization attributable to capitalized development work. Following a reassessment of the useful life of goodwill from the acquisition of Agent Video Intelligence Ltd from eight to five years in the fourth quarter of 2025, the amortization period was revised. The full-year impact for 2025 of this change was recognized in Q4 2025. Hence, the Q2 2025 comparative figure has not been restated. Consequently, the amortization charge for Q2 2026 is not directly comparable with Q2 2025. Investments During Q2 2026, R&D investments remained focused on product readiness, scalability and partner enablement across the IRIS+ platforms. For IRIS+ Enterprise, Irisity delivered the 2026 R1.2 on- premise release and cloud releases. Key developments included a new hardware calculator for deployment planning, further advances in smoke and fire detection, and strengthened platform security and administration. Broadened language support improved accessibility, while improved and streamlined on-premise installation and upgrade processes supported more efficient and reliable deployments. For IRIS+ Professional, the emphasis remained on stability, partner-driven development and deployment readiness. Investments strengthened the video-processing pipeline, feature licensing and integration settings, while improving watchlist functionality and workflows across alarms, case management, video search and investigations. Financial position The group’s cash flow from operating activities before changes in working capital amounted to MSEK 2.4 (-13.7) during the second quarter. The cash flow from operating activities was MSEK 1.5 (-7.4). During the same period, the cash flow from investing activities amounted to MSEK -4.5 (-4.5), mainly related to product development. For further explanation, it is described in more detail under the Investments section. Cash flow from financing activities was MSEK 4.7 (14.1). The cash flow for the period amounted to MSEK 1.7 (2.1). The balance sheet total amounted to MSEK 357.5 (437.5) on June 30, 2026, with a 64.8 percent (77.3) solidity. The group’s net debt amounted to MSEK 27.5 (14.1).
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16 IRISITY AB (PUBL) INTERIM REPORT Q2 2026 Staff and organization At the end of the period, the company had 53 (73) full-time equivalent employees, 11 (16) of whom were women. In addition to the employees, the number of consultants is 14 (17). The workforce is distributed across Sweden, Norway, Hungary, USA, Israel, UAE, Brazil, Colombia, Argentina, UK and Mexico. The parent company has a short term credit facility up to MSEK 20 in total, which on the balance sheet date was used with MSEK 17.8.
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17 IRISITY AB (PUBL) INTERIM REPORT Q2 2026 The group’s income statement (KSEK) The group’s income statement (KSEK) April - June 2026 April - June 2025 January - June 2026 January - June 2025 Net sales 27,281 17,898 46,489 36,040 Work performed for own account 3,071 6,224 6,712 11,713 Other operating income 2,195 2,736 5,077 3,578 Cost of sales -3,735 -3,785 -7,322 -9,817 Gross result 28,812 23,073 50,956 41,514 Other external charges -7,277 -8,535 -14,497 -20,221 Personnel costs -18,007 -25,119 -35,584 -48,681 Other operating costs -1,921 -1,465 -4,288 -3,438 Amortization of intangible assets -36,672 -28,163 -72,054 -61,191 Depreciation of tangible assets -146 -158 -389 -372 Operating result -35,211 -40,367 -75,857 -92,389 Interest income 715 95 715 99 Interest costs -787 -497 -1,308 -1,093 Result after financial items -35,284 -40,769 -76,450 -93,384 Income taxes 2,789 2,863 5,513 5,994 Net profit or loss for the period -32,494 -37,906 -70,936 -87,389 Basic earnings per share (SEK) -0.08 -0.23 -0.18 -0.52 Diluted earnings per share (SEK) -0.08 -0.23 -0.18 -0.52 Number of shares at the end of the period 384,201,940 167,044,324 384,201,940 167,044,324 Fully diluted shares outstanding 384,201,940 167,044,324 384,201,940 167,044,324 Weighted average number of shares 384,201,940 126,464,762 384,201,940 120,411,458
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18 IRISITY AB (PUBL) INTERIM REPORT Q2 2026 The group’s balance sheet (KSEK) T h e g r o u p ’s b a l a n c e s h e e t ( K S E K ) 30 June 2026 30 June 2025 31 December 2025 Assets Intangible fixed assets 262,337 293,808 282,879 Patent 120 179 149 Goodwill 26,109 70,918 57,357 Tangible fixed assets 314 1,130 815 Deferred tax assets 35,985 39,076 34,008 Total fixed assets 324,865 405,111 375,209 Accounts receivable 24,310 19,343 21,727 Other current assets 4,854 6,517 5,613 Cash and bank balances 3,439 6,548 2,987 Total current assets 32,603 32,408 30,327 Total assets 357,468 437,519 405,536 Equity and liabilities Share capital 34,578 15,034 34,578 Other contributed capital 1,068,541 1,062,684 1,068,541 Other equity including result for the period -871,474 -739,598 -812,250 Total equity 231,645 338,119 290,869 Long-term liabilities 6,797 ¹ 11,067 15,008 Deferred tax liabilities 38,250 25,251 41,811 Short-term financial liabilities 30,889 17,723 10,578 Accounts payable 5,145 12,322 6,829 Other short-term liabilities 44,741 ² 33,037 40,440 Total short-term liabilities 80,775 63,082 57,848 Total equity and liabilities 357,468 437,519 405,536 Pledged assets Business mortgages 20,000 ³ 35,000 35,000 Total 20,000 ³ 35,000 35,000 Contingent liabilities None None None 1. As of 30 June 2026, 97.4% of the liability balance consisted of deferred income. 2. As of 30 June 2026, deferred income represented 53.5% of the liability balance 3. As of the balance sheet date, MSEK 35.0 in corporate mortgages remains listed in public records, despite having been repaid and currently pending formal release.
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19IRISITY AB (PUBL) INTERIM REPORT Q2 2026 The group’s changes in equity (KSEK) The group’s changes in equity (KSEK) Share capital Share premium reserve Other equity including result for the period Total Opening balance equity 2025-01-01 10,286 1,047,341 -563,263 494,364 Transactions with owners New share issue 24,292 22,867 47,159 Non-cash issue 0 Costs attributable to the issue -1,667 -1,667 Conversion difference -63,663 -63,663 Result for the year -185,323 -185,323 Closing balance equity 2025-12-31 34,578 1,068,541 -812,250 290,869 Opening balance equity 2025-01-01 10,286 1,047,341 -563,263 494,364 Transactions with owners New share issue 4,747 15,597 20,345 Non-cash issue Costs attributable to the issue -255 -255 Conversion difference -88,945 -88,945 Result for the period -87,389 -87,389 Closing balance equity 2025-06-30 15,033 1,062,683 -739,597 338,119 Opening balance equity 2026-01-01 34,578 1,068,541 -812,250 290,869 Conversion difference 11,712 11,712 Result for the period -70,936 -70,936 Closing balance equity 2026-06-30 34,578 1,068,541 -871,474 231,645 The group’s cash flow statement (KSEK) The group’s cash flow state- ment (KSEK) April - June 2026 April - June 2025 January - June 2026 January - June 2025 January - December 2025 Cash flow from operating activities before change in working capital 2,387 -13,754 -3,776 -34,523 -52,082 Cash flow from operating activities 1,532 -7,418 -3,002 -20,973 -40,206 Cash flow from investing activities -4,476 -4,514 -8,898 -6,771 -15,134 Cash flow from financing activities 4,676 14,068 12,222 26,696 50,443 Cash flow for the period 1,731 2,136 323 -1,048 -4,897 Cash and cash equivalents at the beginning of the period 1,797 4,322 2,987 7,551 7,551 Exchange rate difference in cash equivalents -89 91 129 46 333 Cash and cash equivalents at the end of the period 3,439 6,548 3,439 6,548 2,987
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20 IRISITY AB (PUBL) INTERIM REPORT Q2 2026 The parent company’s income statement (KSEK) The parent company’s income statement (KSEK) April - June 2026 April - June 2025 January - June 2026 January - June 2025 Net sales 13,756 10,901 26,949 18,680 Work performed for own account 1,208 2,047 2,429 3,066 Other operating income 2,195 2,656 5,085 3,534 Cost of sales -1,462 -2,402 -5,514 -6,024 Gross profit 15,697 13,202 28,948 19,256 Other external charges -4,361 -5,147 -8,564 -12,381 Personnel costs -10,667 -12,324 -21,090 -23,080 Other operating costs -2,059 -1,413 -4,440 -3,369 Amortization of intangible assets -3,205 -3,187 -6,371 -6,342 Depreciation of tangible assets -19 -24 -43 -48 Operating result -4,614 -8,893 -11,560 -25,963 Interest income 1 0 1 0 Interest costs -600 -433 -913 -926 Profit after financial items -5,213 -9,326 -12,472 -26,889 Net profit or loss for the period -5,213 -9,326 -12,472 -26,889
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21 IRISITY AB (PUBL) INTERIM REPORT Q2 2026 The parent company’s balance sheet (KSEK) The parent company’s balance sheet (KSEK) 30 June 2026 30 June 2025 (Restated) 31 December 2025 Assets Intangible fixed assets 38,190 46,485 42,062 Tangible fixed assets 38 129 81 Financial fixed assets 394,878 424,332 394,878 Receivables from group companies 66 65 63 Total fixed assets 433,173 471,011 437,084 Accounts receivable 15,693 14,779 13,342 Receivables from group companies 23,940 15,608 26,131 Other current assets 2,514 2,647 2,732 Cash and bank balances 170 2,736 326 Total current assets 42,317 35,770 42,531 Total assets 475,490 506,781 479,614 Equity and liabilities Restricted equity 72,648 61,340 76,490 Non-restricted equity 325,969 387,202 334,598 Total equity 398,617 448,542 411,089 Long-term liabilities 0 2,956 8,089 Short-term financial liabilities 30,889 17,723 10,578 Advance from customer 2,308 286 1,341 Accounts payable 3,073 9,012 5,764 Liabilities to group companies 8,249 7,277 16,135 Other short-term liabilities 32,355 20,985 26,619 Total current liabilities 76,873 55,283 60,437 Total equity and liabilities 475,490 506,781 479,614 Pledged assets Business mortgages 20,000 ⁴ 35,000 35,000 Total 20,000 ⁴ 35,000 35,000 Contingent liabilities None None None 4. As of the balance sheet date, MSEK 35.0 in corporate mortgages remains listed in public records, despite having been repaid and currently pending formal release.
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22 IRISITY AB (PUBL) INTERIM REPORT Q2 2026 The parent company's changes in equity (KSEK) The parent company’s changes in equity (KSEK) Share capital Share premium reserve Other equity including result for the period Total Opening balance equity 2025-01-01 10,286 1,047,341 -602,286 455,340 New share issue 24,292 22,867 47,159 Costs attributable to the issue -1,667 -1,667 Result for the year -89,744 -89,744 Closing balance equity 2025-12-31 34,578 1,068,541 -692,030 411,089 Opening balance equity 2025-01-01 10,286 1,047,341 -602,286 455,340 New share issue 4,747 15,597 20,345 Costs attributable to the issue -255 -255 Result for the period -26,889 -26,889 Closing balance equity 2025-06-30 10,286 1,062,684 -629,175 448,542 Opening balance equity 2026-01-01 34,578 1,068,541 -692,030 411,089 Result for the period -12,472 -12,472 Closing balance equity 2026-06-30 34,578 1,068,541 -704,502 398,617
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23 IRISITY AB (PUBL) INTERIM REPORT Q2 2026 The parent company’s cash flow statement (KSEK) April - June 2026 April - June 2025 January - June 2026 January - June 2025 January - December 2025 Cash flow from operating activities before change in working capital -1,527 -6,115 -6,117 -19,436 -38,682 Cash flow from operating activities -3,661 -9,304 -9,876 -21,116 -45,212 Cash flow from investing activities -1,279 -2,043 -2,503 -3,049 -5,110 Cash flow from financing activities 4,677 14,070 12,222 26,696 50,131 Cash flow for the period -266 2,722 -157 2,530 121 Cash and cash equivalents at the beginning of the period 436 14 326 205 205 Cash and cash equivalents at the end of the period 170 2,736 170 2,736 326 The parent company’s cash flow statement (KSEK)
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IRISITY AB (PUBL) INTERIM REPORT Q2 2026 24 Sustainability 05
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25IRISITY AB (PUBL) INTERIM REPORT Q2 2026 Irisity sustainability – Smart @ Heart We create safe cities, safe working environments – protecting assets and people by delivering sustainable solutions through products, services and operations. We cultivate a corporate culture based on freedom and responsibility, a positive people culture with fairness and equality and gender balance. We want to inspire and drive change, with the ambition to enable the security industry and society to change making the most out of intelligent technology. Technology in service of mankind, enabling ethical use of advanced video ana- lytics solutions, making the most out of intelligent technology, while preserving integrity, equality and freedom.
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IRISITY AB (PUBL) INTERIM REPORT Q2 2026 26 Definitions 06
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27IRISITY AB (PUBL) INTERIM REPORT Q2 2026 Definitions Invoiced The total amount of invoices that have been created and sent out during a period. Collections Total amount paid by customers during a period. Operating result Profit or loss before financial items. Operating margin (percent) Operating result divided by net turnover (since the operating margin is calculated in accordance with the definition of net turnover in the Annual Account Act, work performed for own account is not included in the margin calculation). Solidity (percent) Adjusted equity capital in relation to the balance sheet total, expressed in percent. Balance sheet total The total of assets or the total of debts and equity. Net debt Interest-bearing liabilities less interest-bearing assets and liquid assets. Number of shares (ST) The number of outstanding shares at the end of the period. Result per share (SEK) The result after taxes for the period divided by the number of shares. The object The object refers to the physical location where a client has installed Irisity’s sur- veillance solution. A municipality may for instance use the system in a number of schools. Each school would then be considered a separate object. MRR Monthly recurring revenue. R&D Research and development. Payment model Depending on their needs, the company’s customers can choose between the following payment models: • Licensing – the customer pays a continuous fee for the service • One-time purchase – the customer purchases a version of a specific algorithm of the software • Support subscription – the customer pays a continuous support fee in respect of the service connected to the licenses. Adjusted EBITDA EBITDA adjusted for items affecting comparability.
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07 IRISITY AB (PUBL) INTERIM REPORT Q2 2026 28 Financial Calendar
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29IRISITY AB (PUBL) INTERIM REPORT Q2 2026 Publication dates for interim reports 2026-11-17 Interim Report 2026 Q3 Certified adviser for the company DNB CARNEGIE INVESTMENT BANK Website: www.carnegie.se Telephone: +46 (0)73 856 42 65 E-mail: certifiedadviser@dnbcarnegie.se IRISITY AB (publ) Sweden | USA | Israel | UAE | Colombia | Brazil | Argentina | United Kingdom | Mexico | Hungary Email: info@irisity.com Phone: +46 771 41 11 00 This information is information that Irisity AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, on August 27, 2026.