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Image Systems AB (IS) AI Stock Analysis
Image Systems AB
(Nasdaq OMX AB:IS)
The score is held down primarily by weak financial performance: declining revenue, deep operating and net losses, and negative operating/free cash flow. Technicals are mixed but not supportive overall, with price below key longer-term moving averages and a negative MACD. Valuation is not clearly attractive because the negative P/E reflects current losses, and no dividend yield data is available to offset risk.
Image Systems AB (IS) vs. iShares MSCI Sweden ETF (EWD)
- Market Cap
- SEK 77.43M
- Dividend Yield
- ―
- Average Volume (3M)
- 106.69K
- Price to Earnings (P/E)
- -1.5
- Beta (1Y)
- 0.58
- Revenue Growth
- -36.37%
- EPS Growth
- -331.04%
- Country
- Sweden
- Employees
- 74
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Consumer Electronics
Image Systems AB Business Overview & Revenue Model
Company Description
Image Systems AB, established in Linköping, Sweden, in 1983, operates as a global provider of sophisticated non-contact measurement solutions and integrated systems. The company specializes in motion analysis, processing imagery captured by high-spee...
How the Company Makes Money
Image Systems makes money by selling and supporting professional imaging and projection solutions. Its revenue is primarily generated from (1) product sales of specialized hardware and software used in industrial imaging/visual inspection workflows (...
Image Systems AB Financial Statement Overview
Summary
Financial results are weak in TTM: revenue declined (~-7.8%), profitability deteriorated sharply with deep losses (net and EBIT margins around -21%), and cash flow turned negative (operating cash flow and free cash flow both negative). The balance sheet is only moderately levered (~0.44x debt-to-equity), but rising leverage and very negative ROE (~-40%) signal elevated execution risk if losses persist.
Income Statement
28NegativeBalance Sheet
58NeutralCash Flow
32Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 187.00M | 168.50M | 184.90M | 160.70M | 171.10M | 152.20M |
| Gross Profit | 68.30M | -2.00M | 141.10M | 122.80M | 123.80M | 109.70M |
| EBITDA | -11.50M | 9.10M | 26.80M | 15.50M | 28.40M | 19.40M |
| Net Income | -39.80M | -14.60M | 8.60M | -6.80M | 8.60M | 100.00K |
Balance Sheet | ||||||
| Total Assets | 214.00M | 189.50M | 225.90M | 183.00M | 194.70M | 196.30M |
| Cash, Cash Equivalents and Short-Term Investments | 22.50M | 8.90M | 12.70M | 6.60M | 22.50M | 7.10M |
| Total Debt | 44.20M | 11.80M | 19.50M | 14.60M | 18.80M | 24.90M |
| Total Liabilities | 113.50M | 79.80M | 101.30M | 67.00M | 71.80M | 82.30M |
| Stockholders Equity | 100.50M | 109.70M | 124.60M | 116.00M | 122.90M | 114.00M |
Cash Flow | ||||||
| Free Cash Flow | -27.20M | 4.30M | 13.80M | -9.70M | 22.50M | 9.50M |
| Operating Cash Flow | -14.90M | 22.30M | 39.20M | 1.70M | 32.30M | 17.60M |
| Investing Cash Flow | -18.20M | -18.00M | -25.40M | -11.40M | -9.80M | -8.10M |
| Financing Cash Flow | 45.50M | -8.10M | -7.70M | -6.20M | -7.10M | -6.20M |
Image Systems AB Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:IS, the sentiment is Neutral. The current price of 0.62 is above the 20-day moving average (MA) of 0.55, above the 50-day MA of 0.60, and below the 200-day MA of 0.78, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 59.46 is Neutral, neither overbought nor oversold. The STOCH value of 83.95 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:IS.
Image Systems AB Peers Comparison
Overall Rating
SE:TAGM.B73Outperform- SE:IS46Neutral
SE:ACCON44Neutral
SE:BLINC.B44Neutral
SE:TOBII42Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| SE:TAGM.B | 73Outperform | SEK 458.47M | 11.90 | 13.47% | ― | 1.82% | 81.56% |
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| SE:IS | 46Neutral | SEK 77.43M | -1.45 | -40.42% | ― | -36.37% | -331.04% |
| SE:ACCON | 44Neutral | SEK 826.90M | -21.83 | -14.10% | ― | 57.78% | -44.95% |
| SE:BLINC.B | 44Neutral | SEK 198.39M | -4.11 | -98.57% | ― | ― | 45.88% |
| SE:TOBII | 42Neutral | SEK 147.82M | -0.30 | -163.73% | ― | -29.55% | -4399.57% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| SE:IS | Image Systems AB | 0.62 | -0.70 | -53.10% | |
| SE:TOBII | Tobii AB | 0.63 | -1.08 | -63.24% | |
| SE:TAGM.B | TagMaster AB Class B | 31.30 | 14.25 | 83.58% | |
| SE:BLINC.B | Terranet AB Class B | 0.08 | 0.01 | 6.33% | |
| SE:SE0022240115 | JonDeTech Sensors AB | 0.35 | -0.35 | -50.28% | |
| SE:ACCON | Acconeer AB | 10.86 | 1.56 | 16.77% |
Image Systems AB Corporate Events
Image Systems AB Sets Nomination Committee and Timelines Ahead of 2027 AGM
Image Systems AB has appointed its Nomination Committee for the 2027 Annual General Meeting, following principles adopted at the 2024 meeting, with representatives from major shareholders and board chair Anders Fransson convening the group. The commi...
Image Systems Bolsters Liquidity Amid Weak Sawmill Market as Motion Analysis Grows
Image Systems AB reported a weak third quarter of 2026 as cautious customer investment and slow decision cycles, particularly in the sawmill segment RemaSawco, drove net sales down to MSEK 25.5 from 41.4 and turned EBITDA slightly negative. Group pro...
Image Systems Boosts Share Capital Through Rights Issue
Image Systems AB has expanded its share capital following a rights issue approved during the summer of 2026, increasing the number of shares and votes by 35,683,127. As of 30 September 2026, the company’s total shares and votes now amount to 12...
Image Systems’ RemaSawco Wins Nordic Sawmill Order for Saw Line Control System
Image Systems’ RemaSawco unit has secured an order worth just under SEK 1.5 million from a Nordic sawmill for the delivery and installation of a new saw line control system, complemented by a service level agreement. Delivery, installation, and...
Image Systems Wins Three-Year Motion Analysis Deal with European Defense Client
Image Systems’ Motion Analysis business unit has secured a software subscription order worth about SEK 1 million from a major European defense organization, with a 36‑month contract starting in September 2026. The deal underscores sustain...
Image Systems finalizes rights issue and sets date to convert BTAs
Image Systems AB has completed registration of its previously announced rights issue with the Swedish Companies Registration Office, paving the way for paid subscribed shares to be converted into ordinary shares later in September. The move strengthe...
Image Systems’ Motion Analysis Unit Wins SEK 3 Million U.S. Defense Renewal
Image Systems’ Motion Analysis business unit has secured a renewal order worth approximately SEK 3 million from a U.S. defense customer for continued use of its motion analysis software and support services. The one-year license agreement, effe...
Image Systems’ Oversubscribed Rights Issue Raises SEK 21.4 Million
Image Systems AB has successfully completed a new share issue with preferential rights for existing shareholders, with demand far exceeding the offer size. Subscriptions with and without rights together reached about 122 percent of the shares availab...
Image Systems launches fully secured SEK 21.4m rights issue
Image Systems AB has launched a fully secured rights issue of approximately SEK 21.4 million, giving existing shareholders preferential rights to subscribe for new shares at SEK 0.60 each. The subscription period runs from 21 August to 4 September 20...
Image Systems AB Shareholders Approve Preferential Rights Issue to Bolster Capital
Image Systems AB held an Extraordinary General Meeting on 12 August 2026, at which shareholders approved a new share issue with preferential rights for existing investors to support the company’s capital needs. Under the terms of the rights iss...
Image Systems’ Motion Analysis Wins SEK 2.6 Million French Defense Order
Image Systems’ Motion Analysis unit has secured a SEK 2.6 million order from an existing customer in the French defense sector for additional perpetual licenses of its motion analysis software. The deal deepens a long-standing partnership and s...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 28, 2026