Business
Inverite Announces Financial Results for Six and Three-Months Ending September 30, 2025
Verification Revenue increased by 15% & 16.6% over the same six and three-month prior period. Operating Expenses decreased by 22% over the same six and three-month prior period. Continued strong progress towards cashflow breakeven.Inverite's AI financial database has surpassed 30 billion data points from over 7.0 million Canadian consumer transactions. Vancouver, British Columbia--(Newsfile Corp. - December 2, 2025) - Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRD) (FSE: 2V0) ("Inverite"),.
About this update from Inverite Insights Inc
[{"type":"text","content":"Verification Revenue increased by 15% & 16.6% over the same six and three-month prior period. ","length":97,"tagName":"p","attribs":{}},{"type":"text","content":"Operating Expenses decreased by 22% over the same six and three-month prior period. ","length":83,"tagName":"p","attribs":{}},{"type":"text","content":"Continued strong progress towards cashflow breakeven.","length":53,"tagName":"p","attribs":{}},{"type":"text","content":"Inverite's AI financial database has surpassed 30 billion data points from over 7.0 million Canadian consumer transactions. ","length":127,"tagName":"p","attribs":{}},{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - December 2, 2025) - Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRD) (FSE: 2V0) ("Inverite"), is a leading AI-driven software provider utilizing real-time financial data to empower businesses to transact more effectively with consumers. Inverite announces its six-month financial results for the period ended September 30, 2025, compared to September 30, 2024. The Company continues to achieve strong revenue growth and lowering costs, in continuing towards financial sustainability.","length":549,"tagName":"p"},{"type":"text","content":"Key financial highlights for the six-month period ended September 30, 2025, include:","length":84,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"The Company increased verification fee revenue by 15.4% to $711,106 (September 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.","length":259,"tagName":"p"}]},{"val":[{"type":"text","content":"The Company saw operating expenses decrease by 22% or $411,017 to $1,435,136 (September 30, 2024 - $1,846,153) as the Company continues improve efficiencies.","length":157,"tagName":"p"}]},{"val":[{"type":"text","content":"The Company recorded a net loss of $692,790 (September 30, 2024 - net loss of $1,310,477) a decrease of $617,687 or 47%. 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 September 30, 2025","length":302,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":718,"olType":false},{"type":"te...