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Inventronics Announces 2025 Q2 Financial Results
Globenewswireยท2025-08-20 21:00

Core Viewpoint - Inventronics Limited reported its unaudited financial results for Q2 2025, showing growth in revenue and net earnings compared to the same period in 2024 [1][2]. Financial Performance - For Q2 2025, Inventronics achieved net earnings of $138,000 (2.8 cents per share) on revenue of $2,190,000, compared to net earnings of $141,000 (2.9 cents per share) on revenue of $1,950,000 in Q2 2024, indicating a revenue increase of approximately 12.3% [2][3]. - For the first half of 2025, net earnings were $321,000 (6.6 cents per share) on revenue of $4,617,000, compared to net earnings of $149,000 (3.1 cents per share) on revenue of $3,394,000 in the same period of 2024, reflecting a revenue increase of about 36.0% [2][3]. Financial Position - As of June 30, 2025, Inventronics reported working capital of $1,815,000, an increase from $1,536,000 as of December 31, 2024 [3]. - Property, plant, and equipment stood at $3,178,000 as of June 30, 2025, slightly down from $3,244,000 at the end of 2024 [3]. - Long-term debt, excluding the current portion, decreased to $2,151,000 from $2,250,000, while shareholders' equity increased to $2,592,000 from $2,267,000 [3]. Company Overview - Inventronics Limited specializes in designing and manufacturing enclosures for various industries, including telecommunications, cable, electric distribution, and energy, primarily in Canada and the USA [4]. - The company operates an ISO 9001-registered production facility located in Brandon, Manitoba, and its shares are traded on the TSX Venture Exchange under the symbol "IVX" [4].