Invinity Energy Systems (LON:IES) Announces Earnings Results

Invinity Energy Systems (LON:IES) released 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 Trading Down 0.7%

Invinity Energy Systems stock opened at GBX 18.62 on Wednesday. Invinity Energy Systems has a 1 year low of GBX 15.50 and a 1 year high of GBX 40.50. The firm’s 50-day moving average is GBX 22.60 and its 200-day moving average is GBX 23.66. 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 company has a market cap of £106.07 million, a P/E ratio of -3.65 and a beta of 1.00.

Key Stories Impacting 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 Ratings Changes

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