Inventronics Announces 2025 Q1 Financial Results

Financial Performance - For Q1 2025, the company reported net earnings of $183,000, or 3.8 cents per share, on revenue of $2,427,000, compared to net earnings of $8,000, or 0.2 cents per share, on revenue of $1,444,000 for the same period in 2024, indicating a significant improvement in financial performance [2][3] - The demand for enclosures has strengthened compared to the lower levels experienced in 2024 as customers have worked through their excess inventories [2] Financial Position - As of March 31, 2025, the company had working capital of $1,682,000, an increase from $1,536,000 as of December 31, 2024 [4] - Property, plant, and equipment stood at $3,218,000, slightly down from $3,244,000 at the end of 2024 [4] - Long-term debt, excluding the current portion, decreased to $2,200,000 from $2,250,000, while shareholders' equity increased to $2,450,000 from $2,267,000 [4] Company Overview - Inventronics Limited designs and manufactures enclosures for various industries, including telecommunications, cable, electric distribution, and energy, in Canada and the USA [5] - The company operates an ISO 9001-registered production facility located in Brandon, Manitoba [5] - Shares of Inventronics are traded on the TSX Venture Exchange under the symbol "IVX" [5]