INVISIO Year-end report 2024: Record-breaking quarter and full year. Acquisition creates new growth opportunities

October-December 2024

• Revenue: SEK 594.1m (345.8).
• Gross profit: SEK 358.8m (198.5).
• Gross margin: 60.4% (57.4).
• EBITDA: SEK 198.5m (84.6)
• EBITDA margin: 35.4% (24.5)
• Operating profit: SEK 194.8m (62.4)
• Operating margin: 32.8% (18.0)
• Profit for the period: SEK 157.7m (50.9)
• Earnings per share: SEK 3.46 (1.12)
• Cash flow from operating activities: SEK 22.9m (36.8)
• Order intake: SEK 549.3m (298.0).
• Order book: SEK 830.8m (602.8). SEK 763.4m excluding the radio order.*

January-December 2024

• Revenue: SEK 1,806.7m (1,238.5). SEK 1,633.3m excluding the radio order.
• Gross profit: SEK 1,007.0m (747.3). SEK 995.3m excluding the radio order.
• Gross margin: 55.7% (60.3). 60.9% excluding the radio order.
• EBITDA: SEK 463.4m (308.2)
• EBITDA margin: 25.6% (24.9)
• Operating profit: SEK 402.3m (242.9)
• Operating margin: 22.3% (19.6)
• Profit for the period: SEK 306.4m (178.4)
• Earnings per share: SEK 6.72 (3.91)
• Cash flow from operating activities: SEK 157.0m (204.7)
• Order intake: SEK 1,970.7m (1,273.5). SEK 1,729.8m excluding the radio order.
• Order book: SEK 830.8m (602.8). SEK 763.4m excluding the radio order.

Key events during the quarter

• In 2024, INVISIO and the US Defense Innovation Unit jointly developed wireless tactical communications through close collaboration with end users, resulting in the creation of the INVISIO Link product. An initial test order of USD 3.5 million was received during the quarter.
• The company received a significant order from an existing European customer for the Intercom system and the associated personal communication system. The major part of this delivery was completed in Q4, with the remainder expected to be delivered in Q1 2025.

Key events after the quarter

• In early 2025, INVISIO acquired the UltraLynx™ product line, which will increase the group’s ability to deliver integrated tactical body-worn systems for managing audio, power and data, along with advanced computing power.
• INVISIO reports an updated estimate of the size of the company’s addressable market, which is estimated to have an annual value of SEK 25 billion. A separate press release on this was published today, February 13.

Invitation to conference call
INVISIO will host a conference call today, February 13, at 15:00, at which CEO Lars Højgård Hansen will present Year-end Report. The conference call will be held in English, starting with a brief presentation of the report followed by a question-and-answer session.

A film presenting a customer solution will be shown before and after the conference
call. The film is 14 minutes long and is in English without Swedish subtitles.

Registration
To participate in the conference call you must pre-register. After registration you will receive a phone number and PIN code. You can also use the “call me function".

Please register 5–10 minutes prior to the scheduled starting time to facilitate a timely start to the conference call.

Registration link and to be able to ask questions:
https://service.flikmedia.se/teleconference/?id=5007385

Audiocast, to follow the presentation online, use the link below:
https://invisio.videosync.fi/2025-02-13-q4-2024