Invisio AB (publ) (IVSO) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you. Hello everyone and welcome to our 2025 Q4 and full year presentation. We chose to start by showing you a small video on Invisio and who we are, because we think that the company has developed tremendously during 2025. We are entering 26 with a brand new product portfolio. We are entering with a number of new frame order contracts and new customers in our baggage. And we are ready to serve many of the countries that are looking for solutions rather than products in order to be able to ramp up the military capabilities over the coming years. Invisio is the clear market leader here and we are definitely ready to help our customer with what is next. So many of you have already seen the numbers released about an hour ago. It is of course a quarter. and even a year that we are very proud of. We had a tough Q3 with some delivery delays. And I think everyone in the Invisio network has come together tremendously in Q4 to show that this was a mistake, this was a one-off. and that we can do a lot better. So I think we have performed very, very well in Q4 on all parameters. It is our strongest quarter ever. despite the fact that there was a prolonged US government shutdown and that we continue to see Swedish kronor gaining momentum, especially towards the dollar. We saw a strong order intake across all key markets. Our gross margin is still stable and our OPEX is driven by continued but controlled investments to be able to take advantage of the opportunities we see in the markets. And our high sales, as we see in our scalable business model, transforms into high EBIT margins. We entered 2026 with a strong order book that promises good revenues for the first half of the year at least. Operationally, we saw several new developments. We had a new frame order agreement wi...