Inverite Announces Financial Results for Six and Three-Months Ending September 30, 2025

Rhea-AI Summary

Inverite (OTC: INVRD) reported six- and three-month results for the periods ended September 30, 2025. Verification fee revenue rose 15.4% for six months to $711,106 and 16.6% for the quarter to $360,620. Operating expenses fell ~22% to $1,435,136 (six months) and to $690,430 (quarter). Net loss narrowed to $692,790 for six months (down 47%) and $294,754 for the quarter. Management cites efficiency gains, reduced share-based payments and one-time accounting items as drivers of the improved results. The company reports its financial data platform now exceeds 30 billion data points. The company granted 590,000 stock options at a $0.37 strike price, subject to CSE approval.

Positive

• Verification fee revenue +15.4% to $711,106 (six months)
• Quarter verification revenue +16.6% to $360,620
• Operating expenses down ~22% to $1,435,136 (six months)
• Net loss narrowed 47% to $692,790 (six months)

Negative

• Company remains unprofitable with six-month net loss of $692,790
• Improved net loss partly driven by one-time accounting adjustments and gain on payable write-offs

Key Figures

6M verification fees $711,106 Six months ended Sep 30, 2025 vs $616,449 in 2024 (up 15.4%)

6M operating expenses $1,435,136 Six months ended Sep 30, 2025 vs $1,846,153 (down 22%)

6M net loss $692,790 Six months ended Sep 30, 2025 vs $1,310,477 (loss reduced 47%)

Q2 verification fees $360,620 Three months ended Sep 30, 2025 vs $309,410 (up 16.6%)

Q2 operating expenses $690,430 Three months ended Sep 30, 2025 vs $891,553 (down 22.6%)

Q2 net loss $294,754 Three months ended Sep 30, 2025 vs $620,093

AI data points 30 billion+ Inverite AI financial database size, based on Canadian consumer transactions

Stock options granted 590,000 @ $0.37 Options to directors and employees, 5-year term, vest on grant

Market Reality Check

$0.1976 Last Close

Volume Volume 500 is far below 20-day average 12,565, indicating limited pre-news trading interest. low

Technical Price 0.1976 is trading slightly above 200-day MA at 0.19, suggesting a modest pre-news uptrend.

Peers on Argus

INVRD was down 7.92% pre-news while key peers were mostly flat; only SPFX rose 4.42%, pointing to stock-specific dynamics rather than a sector-wide move.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Sep 23	Board appointment	Positive	+9.1%	CEO joined FDATA board, enhancing industry profile and relationships.
Aug 07	AI partnership	Positive	-22.8%	Partnership with Usolve Financial and insider convertible debenture placement.
Jul 30	Annual earnings	Positive	-0.3%	Reported revenue growth and significant cost reductions in audited results.

Pattern Detected

Operationally positive news (earnings, partnerships) has not consistently translated into positive next-day price moves for INVR.

Recent Company History

Over the last few months, Inverite reported improving fundamentals and strategic progress. On Jul 30, audited results showed higher verification revenue and lower operating expenses, yet the stock was almost flat. An Aug 7 AI partnership and insider financing coincided with a sharp decline. A governance-related appointment on Sep 23 aligned with a strong positive move. Today’s earnings update continues the theme of revenue growth and cost reductions against a mixed history of market reactions.

Market Pulse Summary

This announcement underscores continued progress toward financial sustainability, with verification fees up 15.4% over six months and operating expenses down 22%, materially narrowing the net loss. The company also highlights scale, with over 30 billion data points in its AI financial database, while granting 590,000 stock options at $0.37. Investors may track future earnings, cost discipline, and option overhang to gauge how these trends develop.

Key Terms

stock options financial

"The Company also advises the grant of 590,000 stock options to directors and employees"

Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.

strike price financial

"The stock options have a strike price of $0.37 and have a term of five years."

The strike price is the fixed price at which an option gives its holder the right to buy or sell an underlying stock. Think of it like a coupon that lets you transact at a pre-agreed price regardless of the market; for investors it determines whether an option will be profitable, influences potential gains or losses, and is a key factor in the option’s market value and risk profile.

AI-generated analysis. Not financial advice.

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"), 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.

Key financial highlights for the six-month period ended September 30, 2025, include:

• 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.

• 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.

• 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

Key financial highlights for the six-month period ended September 30, 2025, include:

• For the three months ended September 30, 2025, the Company generated $360,620 (September 30, 2024 - $309,410) of verification fees generated from Inverite representing an increase of 16.6% over the comparable period.

• Operating expenses for the three months ended September 30, 2025, decreased by $201,123 or 22.6% to $690,430 (September 30, 2024 - $891,553), as the Company continued to focus on reducing its overall costs.

• The Company recorded net loss of $294,754 for the three months ended September 30, 2025 (September 30, 2024 - $620,093). The decrease in the net loss was primarily due to onetime accounting adjustment to accounting fees compared to 2024.

Karim Nanji, CEO of Inverite, "The improvements in our financial results this period reflects deliberate choices we made over the past year to strengthen the business and focus on the areas that matter most to our customers and partners. The reductions in operating expenses were intentional and targeted - allowing us to support revenue growth while improving efficiency and narrowing our path to breakeven.

At the same time, the continued expansion of our financial data platform, now exceeding 30 billion data points, demonstrates the scale of real-time consumer data activity we support across Canada. We believe this foundation positions us well for the next phase of our product and commercial roadmap."

A comprehensive discussion of Inverite's financial position and results of operations is provided in the condensed consolidated interim financial statements and management's discussion and analysis for the six-month period ended September 30, 2025, are filed on SEDAR+ at www.sedarplus.ca.

The Company also advises the grant of 590,000 stock options to directors and employees under the Company's Omnibus Equity Incentive Plan. The stock options have a strike price of $0.37 and have a term of five years. All stock options vest upon grant. The grant is subject to the approval of the CSE.

About Inverite Insights Inc.

Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRD) (FSE: 2V0) ("Inverite") is a Vancouver-based, AI-driven software provider specializing in real-time financial data. With a vast database of over 30 billion financial data points from more than 7 million unique Canadian consumers transactions, Inverite empowers businesses to transact more effectively with consumers through innovative solutions for data enrichment, identity, risk management and compliance.

For further information about Inverite, please visit: inverite.com.

ON BEHALF OF THE BOARD
Mike Marrandino, Executive Chairman
T: (855) 661-2390 ext. 104 Email: ir@inverite.com

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Neither the Canadian Securities Exchange nor its Regulation Services Provider/Market Maker (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release, nor has in any way passed upon the merits of the proposed transaction nor approved or disapproved the contents of this press release.

Forward-Looking Statements: This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward-looking. Although the Company believes that any forward-looking statements in this news release are reasonable, there can be no assurance that any such forward-looking statements will prove to be accurate. The Company cautions readers that all forward-looking statements, are based on assumptions none of which can be assured and are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated in the forward-looking statements. Such forward-looking statements represent management's best judgment based on information currently available. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements.

The forward‐looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward‐looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the CSE. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276548

FAQ

What were Inverite (INVRD) verification revenues for six months ended September 30, 2025?

Verification fee revenue for the six months was $711,106, a 15.4% increase versus prior year.

How did Inverite (INVRD) operating expenses change in the quarter ended September 30, 2025?

Operating expenses for the three months decreased ~22.6% to $690,430 versus the prior-year quarter.

Did Inverite (INVRD) reduce its net loss in the latest results?

Yes; net loss for six months fell to $692,790 (down 47%) and to $294,754 for the quarter.

What milestone did Inverite (INVRD) report about its data platform on December 2, 2025?

The company reported its AI financial database exceeded 30 billion data points from over 7.0 million Canadian transactions.

What are the details of Inverite's (INVRD) recent stock option grant?

The company granted 590,000 options with a $0.37 strike price, five-year term, vesting on grant, subject to CSE approval.