Business
2025 Interim Results
2025 Interim Results.
About this update from Invinity Energy Systems Plc
[{"type":"text","content":"\n\n\n \n30 September 2025\nInvinity Energy Systems plc\n \n(\"Invinity\" or the \"Company\")\n \n2025 Interim Results\n \nInvinity Energy Systems plc (AIM: IES) (OTCQX: IESVF), a leading global manufacturer of utility-grade energy storage, announces its unaudited consolidated results for the six months ended 30 June 2025 (the \"Period\") and an update on trading in the year to date.\n \nThe Company will hold a virtual meeting for analysts at 9.30 a.m. today. Analysts wishing to attend are kindly asked to email [email protected].\n \nInvinity's management team will host a virtual results presentation and interactive Q&A via the Investor Meet Company platform for all shareholders and investors at 3.30 p.m. UK Time on Wednesday 8 October - please register for free here.\n \nH1 2025 SUMMARY\n· H1 Revenue and Project Grant Income of £2.0m (H1 2024: £1.6m) as previously disclosed on 9 September 2025;\n· £20.0m 2025 order book* drives heavily H2 weighted FY25 Revenues and Project Grant Income;\n· Reduced loss from operating activities to £10.2m (H1 2024: £11.4m);\n· New customer orders totalling 11.7 MWh signed in H1 (+193% YoY);\n· Net Cash at 30 June of £18.7m.\n \n* Non-IFRS term defined in Commercial Outlook section of this announcement\n \nYTD 2025 HIGHLIGHTS\n· Significant progress made during the Period and in the year to date against 12-month corporate objectives set out in September 2024;\n· 43% reduction in delivered battery cost in transition from VS3 to Endurium;\n· Further improvement achieved in terms of projected Endurium cost reduction since last reported in May 2025 (FY24 results);\n· Over 6.7 GWh of energy dispatched by Invinity batteries historically to date at existing customer sites;\n· 16.7 GWh of Endurium projects confirmed eligible for the UK Cap and Floor Scheme, the manufacturing for which has the potential to create up to 1,000 durable, high quality manufacturing jobs in Scotland assuming all projects were to proceed*;\n· Current Cash of £39.7m as at 29 September 2025, reflecting a £25.0m total strategic investment from Atri Energy Transition Limited (\"Atri Energy\")...