INVINITY ENERGY SYSTEMS PLC (IES) — Full Year Results for the year ended 31 December 2024

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the INVINITY ENERGY SYSTEMS PLC full year results investor presentation. Throughout the quarter presentation, investors will be in listen only mode. Questions are encouraged, and they can be submitted at any time by the q and a tab situated right in front of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question it receives in the meeting itself. Have the company can review the questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. I'd now like to hand you over to CEO Jonathan Marron. Good afternoon to you, sir. Many thanks and good afternoon everybody. Welcome to the 2024 results presentation. You'll see this is dated May 2025. I think we did say when we were here about a year ago that we would look to bring forward our results from the end of June. Delighted that we managed to do that. We hit May, albeit just by one day, but, you know, significant improvement. My thanks to Adam, definitely, and the rest of the team for achieving that, and and we'll look to continue that in the future. I'm conscious it's only a couple of months since the last trading update. And obviously, today understandably, today's session is anchored around those results. I'm going to hand over to Adam in a moment to go through the numbers. There's understandably some questions on where we sit from a cash position, walking through working capital, particularly in relation to LODES. So I've asked Adam to make sure we address that head on. But before I do that, just a bit of sort of a context on where we are and maybe where I where I see things. And firstly, taking stock of where we were from a year ago, I think that's a...