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Inverite Insights ( (TSE:INVR) ) has issued an update.
Inverite Insights Inc. reported its audited financial results for the 12 months ending March 31, 2025, highlighting a 23% increase in verification fee revenue and a 25% reduction in operating expenses compared to the previous 15-month period. The company settled $1.35 million in debt for shares, indicating a strategic move to strengthen its financial position. Despite a 20% decrease in total revenue due to the shorter fiscal year, Inverite achieved cost efficiencies and continued revenue growth through its open banking platform, positioning itself strongly in the market.
More about Inverite Insights
Inverite Insights Inc. is a leading AI-driven software provider that utilizes real-time financial data to help businesses transact more effectively with consumers.
Average Trading Volume: 17,956
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$10.17M
For a thorough assessment of INVR stock, go to TipRanks’ Stock Analysis page.
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