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    Software - Application
IAR Systems Group AB (publ)

IAR Systems Group AB (publ)

IARGF
IAR Systems Group AB (publ)US flagOther OTC
18.55
USD
+6.55
- -
236.31MMarket Cap
IAR Systems Group AB (publ)
IARGF
(Other OTC)

Recent

price

18.55

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
22.74
16.1
18.14
20.49
19.97
20.39
24.68
26
27.32
29.34
29.76
27.29
26.09
30.76
33.68
36.74
36.83
Revenue per Share
0.17
1.88
-1.7
1.16
2.59
3.37
5.02
5.86
6.33
6.67
5.96
4.36
-4.94
4.23
-16.84
10.2
5.51
Basic EPS, GAAP
-0.59
-1.14
-1
-1.99
-1.83
-2.58
-1.49
-1.47
-1.5
-3.56
-6.13
-5.97
-5.43
-4.36
-3.1
-4.11
-4.28
Free Cash Flow per Basic Share
0.6
1.25
- -
0.99
1.98
- -
5
7
5
5.18
5
- -
- -
- -
1.51
1.51
1.47
Dividend per Share
27.38
28.02
21.74
22.6
24.25
20.87
20.74
19.6
20.93
23.55
23.93
28.36
23.42
27.71
9.18
12.25
10.87
Book Value per Share
24.7
39.79
9.25
9.06
11.33
8.19
7.81
6.53
7.6
5.02
1.78
2.69
3.94
7.04
9.13
10.54
8
Tangible Book Value per Share
11
11
11
11
12
13
13
13
13
13
14
14
14
14
14
13
13
Basic Weighted Avg Shares
251
178
200
230
230
256
312
328
345
385
406
372
356
420
458
487
478
Sales/Revenue/Turnover
23.28
6.69
11.98
15.3
17.94
20.81
26.76
29.38
31.13
30.01
26.73
22.53
13.96
18.03
18.9
24.45
18.72
Operating Margin (%)
6
4
5
7
9
10
15
17
20
24
37
49
54
53
57
55
53
Depreciation Expense
2
21
-19
13
30
42
63
74
80
88
81
59
-67
58
-229
135
72
Net Income, GAAP
- -
- -
- -
62.96
27.78
21.27
23.89
23
24.31
23.02
24.11
22.66
- -
21.36
- -
- -
22.71
Effective Tax Rate (%)
0.76
11.69
-9.38
5.65
12.99
16.5
20.34
22.53
23.19
22.74
20.02
15.97
-18.94
13.77
-49.99
27.75
14.97
Profit Margin (%)
146
360
22
38
74
54
68
73
85
74
22
46
47
86
128
106
83
Working Capital
27
2
2
1
1
2
1
2
2
1
41
32
20
50
35
25
16
LT Debt
592
598
241
254
295
289
291
280
290
550
592
613
585
667
423
462
436
Total Equity
9.06
1.92
- -
5.2
10.76
14.26
21.76
25.84
27.81
20.82
13.46
9.61
- -
8.65
- -
- -
14.48
Return on Invested Capital (%)
0.84
6.33
- -
5.31
11.17
15.52
24.09
28.83
30.98
30.72
23.19
14.17
- -
14.37
- -
- -
40.75
Return on Capital (%)
0.62
6.8
-6.84
5.26
11.21
15.59
24.22
29.05
31.26
30.55
25.56
16.67
-19.09
16.57
-91.04
94.15
50.8
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
20
16
15
LT Borrowings
- -
- -
- -
LT Finance Leases
25
19
16
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
13
Market Capitalization
1,767
1,585
1,479

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
312
280
276
Cash, Cash Equivalents & STI
155
132
131
Accounts Receivable, Net
102
103
77
Inventories
8
10
11
Total Current Liabilities
206
179
193
Payables & Accruals
- -
- -
- -
ST Debt
20
16
15
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.35%
-2.86%
9.23%
Free Cash Flow
15.32%
-6.22%
29.45%
Net Income, GAAP
-100.41%
-216.26%
-159.04%
Sales/Revenue/Turnover
7.01%
4.16%
6.35%
Total Cash Common Dividend
- -
- -
-2.44%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
108
108
116
126
458
2024
120
123
112
132
487
2025
124
109
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.47
0.45
1.03
-18.7
-16.84
2024
5.12
1.19
1.04
2.81
10.2
2025
1.48
0.16
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
1.5
- -
- -
1.51
2024
- -
1.5
- -
- -
1.51
2025
- -
1.5
- -
- -
- -
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Business
IAR Systems Group AB (publ) (Ticker: IARGF) develops and markets software tools and services for embedded systems programming and security. The company offers IAR Embedded Workbench, a comprehensive C/C++ compiler and debugger toolchain supporting over 14,000 devices from more than 200 semiconductor partners including RISC-V, Renesas, NXP, and Microchip microcontrollers and microprocessors; specialized development tools for functional safety-certified applications compliant with ISO 26262, IEC 61508, EN 50128, and IEC 62304; embedded security solutions; and long-term assurance services such as migration support and expert guidance. IAR Systems Group AB serves industries including automotive, industrial automation, medical devices, machinery control, household appliances, IoT, consumer electronics, energy, maritime, and railway sectors; it targets developers at Forbes 2000 companies, SMEs, and startups worldwide. Founded in 1983 and headquartered in Uppsala, Sweden, the company operates subsidiaries and sales offices in the United States, Japan, China, South Korea, Germany, France, India, Taiwan, the United Kingdom, and other regions, reaching global markets through distributors. In 2025, Qt Group Plc completed its recommended public cash offer for IAR Systems Group AB, acquiring a significant stake and initiating settlement in October, followed by the company's application for delisting from Nasdaq Stockholm; IAR also partnered with Quintauris to advance functional safety software for RISC-V automotive real-time applications and announced new 3-5 year financial targets aiming for 20% revenue growth and 20% operating margin.