Inventronics Ltd (TSE:IVX) has released an update.
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Inventronics Ltd, a North American provider of enclosures for various industries, reported a drop in its 2023 annual financials with net earnings of $369,000 compared to $2,093,000 the previous year. The company faced a challenging fourth quarter with a net loss of $207,000, a significant decline from a net gain of $252,000 in the same period of 2022. Overall revenue also saw a decrease, from $14.24 million in 2022 to $8.85 million in 2023.
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