Inventis Limited (ASX:IVT) Reports 1H25 Sales Results and Outlines Growth and Cost-Cutting Initiatives
Financial Performance
Inventis Limited reported a 38% decrease in sales revenue for 1H25, totaling $4.86 million compared to $7.85 million in the previous year. The Furniture Division saw total network sales of $12.32 million, marking a 13% increase, while the Technology Division experienced a significant 56% rise to $7.71 million.
Cost-Cutting Measures
The company implemented operational cost reductions, decreasing operating expenses by 7% compared to the same period last year and 9% below budget. Rental expenses were reduced by 39%, resulting in annual savings of approximately $481,684. Additionally, wage savings are projected to total $2.50 million through 2025.
Funding and Growth Plans
Inventis is seeking investment funds to support growth in the USA and nationally, including expanding sales staff and engineering services. The company is pursuing $2.5 million USD through a 20% equity sale in Hazavoid USA LLC and has ongoing grant applications valued at $4.45 million. Furthermore, Inventis aims to secure up to $8 million in external equity and hybrid funding to enhance its Technology Division.
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