Inventronics Announces 2024 Year End Financial Results

From GlobeNewswire: 2025-03-27 17:00:00

Inventronics Limited reported a net loss of $62,000 for the 2024 fiscal year, compared to net earnings of $369,000 in 2023. Revenue was $6,309,000 in 2024, down from $8,859,000 in 2023. For Q4 2024, the Corporation reported a net loss of $242,000 on revenue of $1,304,000, compared to a net loss of $207,000 on revenue of $959,000 in Q4 2023.

Key financial figures for Inventronics Limited in 2024 include working capital of $1,536,000, property, plant, and equipment valued at $3,244,000, long-term debt of $2,250,000, and shareholders’ equity of $2,267,000. The Corporation’s audited financial statements for 2024 are available on SEDAR at www.sedarplus.ca for more detailed information.

Inventronics Limited is a designer and manufacturer of enclosures for various industries in North America. The Corporation operates an ISO 9001-registered production facility in Brandon, Manitoba. Inventronics’ shares trade on the TSX Venture Exchange under the symbol “IVX.” For additional information about the Corporation, its products, and services, visit www.inventronics.com.



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