VSURENasdaq StockholmIndustrialsIFRS · SEK

Verisure

Verisure is a prominent provider of professionally monitored security services, offering 24/7 surveillance across Europe and Latin America. With over 35 years of experience, the company protects more than 6 million families and small businesses from burglary, fire, and health emergencies in 18 countries. Verisure is recognized for its innovative products, customer-centric approach, and strong market presence, driven by a commitment to high-quality service and customer loyalty. The company continues to expand its reach through strategic rebranding and technological advancements.

Revenue3,745m SEK
+9.9 %y/y
Operating profit (EBIT)299m SEK
−2.8 %y/y
EBIT margin8.0%
−1.0 ppy/y
Net income-0.0m SEK
+100.0 %y/y
Free cash flow335m SEK
−18.6 %y/y

Fiscal year 2025 · change from previous year

Development 2024–2025

01,0002,0003,0004,000m SEK2024: 3,408 m SEK2024: EBIT 307 m SEK20242025: 3,745 m SEK2025: EBIT 299 m SEK20253,745299
RevenueOperating profit (EBIT)

Business

Share of revenue
Monitored Security Services50 %

Includes 24/7 surveillance and emergency response services

Intrusion Detection20 %

Systems to detect unauthorized entry

Fire and Smoke Detection10 %

Devices and services for fire safety

Health Emergency Response10 %

Services for medical emergencies

Home Automation10 %

Smart home solutions integrated with security systems

Customers

Verisure primarily serves residential customers and small businesses seeking reliable security solutions. The company's customer base spans across Europe and Latin America, with a strong focus on providing peace of mind through advanced technology and exceptional service. Customers choose Verisure for its comprehensive protection against burglary, fire, and health emergencies. The company's commitment to customer satisfaction and loyalty is reflected in its high retention rates and positive customer feedback.

Residential Customers

Homeowners seeking security and peace of mind

Small Businesses

Businesses requiring protection from theft and emergencies

Families

Families needing comprehensive safety solutions

Strategy

Verisure's strategic priorities include expanding its market share through innovation and rebranding, enhancing customer experience, and leveraging AI technology to improve operational efficiency. The company is focused on reducing recurring costs while maintaining high service quality. Verisure's 'Fit for Growth' program aims to integrate AI tools to drive cost transformation and enhance customer satisfaction. The company's long-term strategy is to continue investing in technology to support growth and increase its addressable market.

Market ExpansionMedium term

To increase market share and customer base

Cost EfficiencyShort term

To maintain profitability and competitive pricing

Technological InnovationLong term

To enhance product offerings and customer satisfaction

Geography

Verisure operates in 18 countries across Europe and Latin America, with significant market presence in Spain, Portugal, and the Nordics. The company has achieved strong revenue growth in these regions, driven by low market penetration rates compared to the US. Verisure's strategic focus on these key markets is supported by local rebranding efforts and technological innovations. The company's geographic expansion is aligned with its goal to increase market share and customer base.

Risks

Verisure faces several risks, including technological obsolescence, regulatory changes, and competitive pressures in the security services industry. The company's reliance on technology makes it vulnerable to cyber threats and system failures. Regulatory compliance across multiple jurisdictions poses legal and operational challenges. Additionally, economic downturns could impact customer spending on security services. Verisure must also manage financial risks related to its debt structure and interest rate fluctuations.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Cybersecurity Threats1Technological Obsolescence2Regulatory Compliance4
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Cybersecurity ThreatsImpact: CriticalLikelihood: Medium

    Reliance on technology for service delivery

  2. Technological ObsolescenceImpact: HighLikelihood: Low

    Rapid innovation in security technology

  3. Economic DownturnImpact: High

    Potential reduction in customer spending

  4. Regulatory ComplianceImpact: MediumLikelihood: Medium

    Operating in multiple jurisdictions

Accounting

Judgemental items
Revenue Recognition

Aligning revenue with service delivery

Impact: high

Seasonality

Quarterly revenue fluctuations

Impact: medium

Goodwill Impairment

Acquisitions and market changes

Impact: medium

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Verisure (XSTO) – Industrials | Financial Analysis – Clarifo