Mr. Kyle Hall reports

INEO REPORTS 47% FISCAL 2026 REVENUE GROWTH AS Q4 REVENUE REACHES RECORD $1.03 MILLION

Ineo Tech Corp. has released its audited financial results for the year ended June 30, 2026.

Revenue for fiscal 2026 increased 47.3 per cent to $2,076,691, compared with $1,410,270 in fiscal 2025. Gross profit increased 46.0 per cent to $889,519, compared with $609,180 in the prior year.

Revenue growth accelerated significantly during the second half of the year. Fourth quarter revenue reached a record $1,030,946, an increase of approximately 76 per cent from $586,589 in the third quarter and 170 per cent from $382,311 in the fourth quarter of fiscal 2025. Q4 alone represented approximately 50 per cent of Ineo's total fiscal 2026 revenue.

The company's loss-prevention business, including the sale of electronic article surveillance systems, was the primary driver of annual revenue growth, with loss-prevention revenue increasing to $1,552,018 from $716,493, an increase of approximately 117 per cent.

Ineo also continued to build the recurring component of its business. Retail media revenue recognized over time increased 57.5 per cent to $221,457 from $140,575 in fiscal 2025. Retail media includes advertising revenue on Ineo welcoming systems, recurring subscription revenue and licensing arrangements.

"Fiscal 2026 was the year the commercial foundation we have been building began to translate into meaningful revenue growth," said Kyle Hall, chief executive officer of Ineo. "The acceleration was particularly evident in the second half of the year, culminating in record fourth quarter revenue of $1.03-million. Most importantly, we continued to expand the installed base, which supports our recurring platform business.

"Our focus entering fiscal 2027 is to convert customer orders into shipments, deploy those systems successfully and continue growing the recurring revenue base, which comes with a larger installed footprint."

Fiscal 2026 financial highlights:

• Revenue increased 47.3 per cent to $2,076,691, compared with $1,410,270 in fiscal 2025.
• Q4 revenue reached a record $1,030,946, up approximately 76 per cent sequentially from Q3 and 170 per cent from $382,311 in Q4 fiscal 2025.
• Q4 represented approximately 50 per cent of full-year revenue.
• Gross profit increased 46.0 per cent to $889,519, compared with $609,180.
• Loss-prevention revenue increased approximately 117 per cent to $1,552,018, compared with $716,493.
• Retail media revenue recognized over time, including recurring subscription revenue, increased 57.5 per cent to $221,457, compared with $140,575.
• Net loss narrowed to $3,383,352, compared with $3,586,586 in fiscal 2025.
• Cash at June 30, 2026, was $940,879, compared with $110,909 at June 30, 2025.
• Total assets increased to $4,335,602, compared with $2,644,304.
• Shareholder equity improved to $269,818, compared with a shareholder deficiency of $1,085,862 at June 30, 2025.

The company's fiscal 2026 audited consolidated financial statements and management discussion and analysis are available under Ineo's profile on SEDAR+ and on the company's investor website.

About Ineo Tech Corp.

Ineo builds connected entrance infrastructure for modern retail.

The company's patented technology combines electronic article surveillance, digital display screens, edge processing and cloud-based services into one managed front-of-store system. Ineo's platform helps retailers address loss prevention, retail media, analytics, remote monitoring and operational visibility through infrastructure positioned at one of the most important locations in retail: the store entrance.

Ineo is headquartered in Surrey, B.C., and its shares trade on the TSX Venture Exchange under the symbol INEO, on the OTCQB Venture Market under the symbol INEOF and on the Frankfurt Stock Exchange under the symbol 0OQ.

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