Inventis Limited (AU:IVT) has released an update.
Inventis Limited reports a robust Q4 with sales reaching $3.4 million and significant cost savings from relocating to Arndell Park, alongside advancements in their Hazavoid business, including a new US financial deal and a $16.6 million valuation. The company’s Technology Division saw a 10% increase in sales and a 27% increase in EBITDA year-over-year, reflecting a strategic focus on technology and efficiency. Despite these gains, investments and change management resulted in one-time costs impacting cash flow.
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