IVISYS announced earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company reported revenue for the period was SEK 575,000, operating loss was SEK 1,913,000, loss per share were SEK 0.24.

For the year, the company reported revenue for the period was SEK 1,150,000, operating loss was SEK 7,148,000, loss per share were SEK 0.86.

For the fourth quarter of 2016, the company expects to achieve a revenue of SEK 100 million in 2018, which is also expected to be the year when the company passes the 200 installations mark.