Invinity Energy Systems (LON:IES) Releases Earnings Results

Invinity Energy Systems (LON:IES) issued its quarterly earnings results on Monday. The company reported GBX (2.10) earnings per share for the quarter, Digital Look Earnings reports. Invinity Energy Systems had a negative return on equity of 43.20% and a negative net margin of 290.32%.

Invinity Energy Systems Stock Down 1.1%

LON IES opened at GBX 18.55 on Wednesday. Invinity Energy Systems has a one year low of GBX 15.50 and a one year high of GBX 40.50. The company has a debt-to-equity ratio of 3.86, a quick ratio of 2.00 and a current ratio of 2.81. The business has a fifty day moving average price of GBX 22.60 and a 200 day moving average price of GBX 23.66. The company has a market cap of £105.65 million, a P/E ratio of -3.64 and a beta of 1.00.

Trending Headlines about Invinity Energy Systems

Here are the key news stories impacting Invinity Energy Systems this week:

• Positive Sentiment: Invinity reported a significant increase in revenue for the interim period, suggesting improving commercial demand for its energy-storage systems. Invinity Energy revenue jumps but interim loss widens on investment
• Neutral Sentiment: The company’s latest quarterly results included EPS of negative GBX 2.10. Analysts expect a full-year loss of approximately GBX 9.40 per share, underscoring that profitability remains a longer-term objective. Invinity Energy Systems Posts Quarterly Earnings Results
• Negative Sentiment: The interim loss widened as Invinity increased investment, while its negative net margin and negative return on equity highlight ongoing cash-burn and execution risks. Investors may be concerned that stronger sales are not yet translating into sustainable profits.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 60 price target on shares of Invinity Energy Systems in a research report on Monday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 60.

About Invinity Energy Systems

Invinity Energy Systems plc (AIM: IES) is a world-leading manufacturer of vanadium flow batteries for energy storage. Built in our factories in the UK and Canada, the Company’s proven, commercialised, longer duration energy storage technology has been deployed at scale and dispatched gigawatt-hours of electricity for customers across the world.

Invinity’s safe, scalable and durable battery technology is a trusted and safer alternative to lithium-ion batteries. Endurium VFBs are engineered for heavy-duty, high throughput applications, they don’t wear out, cannot catch fire and are designed to be operated for 30 years or more.