Innventure Reports Fourth Quarter and Full Year 2024

From GlobeNewswire: 2025-04-11 07:00:00

In 2024, Accelsius and AeroFlexx began generating revenue, with plans for growth in 2025. Innventure, Inc. also founded a fourth company, Refinity, to convert mixed plastic waste to petrochemical feedstocks in collaboration with The Dow Chemical Company. The company’s financial results were announced for the quarter and year ended December 31, 2024, showing momentum and exciting developments expected in 2025. Innventure will discuss these results in a conference call scheduled for April 11, 2025.

Innventure is a technology commercialization platform that operates companies focusing on sustainable technology solutions from multinational corporations. They aim to build disruptive companies with the potential to achieve a target enterprise value of at least $1 billion. The company uses non-GAAP financial measures such as EBITDA and Adjusted EBITDA to provide additional information to investors and facilitate comparisons of operating results.

Adjusted EBITDA is used to evaluate operational performance by excluding certain non-cash items, non-recurring expenses, and other items not indicative of core operating activities. While Adjusted EBITDA offers insight into operational performance, it has limitations regarding cash expenditures, future capital requirements, and tax payments. Investors should use caution when comparing non-GAAP measures to those of other companies and not consider them as substitutes for GAAP financial measures.

Certain statements in the press release are forward-looking, relating to future events and financial performance. These statements are subject to uncertainties and changes in circumstances that may cause actual results to differ. Innventure undertakes no obligation to update statements to reflect events or circumstances after the date of the press release.

For more information or media inquiries, contact Laurie Steinberg at [email protected] or Sloan Bohlen at [email protected]. Visit the company’s investor relations website for financial statements and updates.



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