07:07:52 EST Wed 03 Dec 2025
Enter Symbol
or Name
USA
CA



Inverite Insights Inc (2)
Symbol INVR
Shares Issued 51,623,169
Close 2025-12-02 C$ 0.36
Market Cap C$ 18,584,341
Recent Sedar Documents

Inverite Insights loses $294,754 in September quarter

2025-12-02 18:15 ET - News Release

Mr. Mike Marrandino reports

INVERITE ANNOUNCES FINANCIAL RESULTS FOR SIX AND THREE-MONTHS ENDING SEPTEMBER 30, 2025

Inverite Insights Inc. has released its six-month financial results for the period ended Sept. 30, 2025, compared with Sept. 30, 2024. The company continues to achieve strong revenue growth and lowering costs in continuing toward financial sustainability.

Key financial highlights for the six-month period ended Sept. 30, 2025, include:

  • The company increased verification fee revenue by 15.4 per cent to $711,106 (Sept. 30, 2024: $616,449). Inverite continues to see its transaction volumes increase, which contributed to the increase in verification fee revenues over the comparative period in 2024.
  • The company saw operating expenses decrease by 22 per cent, or $411,017, to $1,435,136 (Sept. 30, 2024: $1,846,153) as the company continues improve efficiencies.
  • The company recorded a net loss of $692,790 (Sept. 30, 2024: net loss of $1,310,477), a decrease of $617,687, or 47 per cent. The decrease in net loss resulted primarily from the reduction on share-based payments and gain on write-offs of account payable during the six-month period ended Sept. 30, 2025.

Key financial highlights for the three-month period ended Sept. 30, 2025, include:

  • For the three months ended Sept. 30, 2025, the company generated $360,620 (Sept. 30, 2024: $309,410) of verification fees generated from Inverite, representing an increase of 16.6 per cent over the comparable period.
  • Operating expenses for the three months ended Sept. 30, 2025, decreased by $201,123, or 22.6 per cent, to $690,430 (Sept. 30, 2024: $891,553) as the company continued to focus on reducing its overall costs.
  • The company recorded net loss of $294,754 for the three months ended Sept. 30, 2025 (Sept. 30, 2024: $620,093). The decrease in the net loss was primarily due to a one-time accounting adjustment to accounting fees compared with 2024.

Karim Nanji, chief executive officer of Inverite, stated: "The improvements in our financial results this period reflects deliberate choices we made over the past year to strengthen the business and focus on the areas that matter most to our customers and partners. The reductions in operating expenses were intentional and targeted -- allowing us to support revenue growth while improving efficiency and narrowing our path to break even.

"At the same time, the continued expansion of our financial data platform, now exceeding 30 billion data points, demonstrates the scale of real-time consumer data activity we support across Canada. We believe this foundation positions us well for the next phase of our product and commercial road map."

A comprehensive discussion of Inverite's financial position and results of operations is provided in the condensed consolidated interim financial statements and management discussion and analysis for the six-month period ended Sept. 30, 2025, which are filed on SEDAR+.

The company also advises the grant of 590,000 stock options to directors and employees under the company's omnibus equity incentive plan. The stock options have a strike price of 37 cents and have a term of five years. All stock options vest upon grant. The grant is subject to the approval of the Canadian Securities Exchange.

About Inverite Insights Inc.

Inverite Insights is a Vancouver-based, AI-driven (artificial intelligence) software provider specializing in real-time financial data. With a vast database of over 30 billion financial data points from more than seven million unique Canadian consumer transactions, Inverite empowers businesses to transact more effectively with consumers through innovative solutions for data enrichment, identity, risk management and compliance.

We seek Safe Harbor.

© 2025 Canjex Publishing Ltd. All rights reserved.