Inventis Limited ( (AU:IVT) ) has shared an announcement.
Inventis Limited has made significant strides in the second quarter with confirmed orders worth $5.7 million and is actively pursuing a capital raise of at least $2.5 million for its US operations. The company is also exploring new market opportunities with the development of a ‘Lease to Buy’ model and the release of new products, such as the Hazavoid App, to drive recurring revenue. While facing delays in the technology division, Inventis anticipates a correction by the financial year’s end, supported by a strong pipeline and increased orders in Q3 and Q4. The company is also optimizing costs through headcount reductions, factory relocations, and exploring new revenue streams through strategic partnerships and product offerings.
More about Inventis Limited
Inventis Limited operates in the technology sector, focusing on innovative solutions such as the Hazavoid system for emergency management and notification. The company is expanding its market reach, especially in the USA and the Philippines, through strategic partnerships and product development to enhance its presence in the global aviation and emergency vehicle markets.
YTD Price Performance: 30.0%
Average Trading Volume: 121,710
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$611.4K
For an in-depth examination of IVT stock, go to TipRanks’ Stock Analysis page.