Inverite Announces Financial Results for Nine and Three-Months Ending December 31, 2025

Rhea-AI Summary

Inverite (OTC: INVRF) reported nine-month results to December 31, 2025, with verification fee revenue up 14.3% to $1,050,569 and operating expenses up 2.4% to $2,847,482. The company recorded a net loss of $1,785,673, with $653,323 in non-cash share-based payments comprising ~36.6% of the loss.

For Q3 (three months) the company reported verification fees of $339,463 (up 12.1%) and a quarterly net loss of $1,092,883, driven by $548,341 in non-cash share-based payments. Transaction volume rose 17% YoY in January 2026.

Positive

• Verification revenue +14.3% to $1,050,569 (nine months)
• Q3 verification fees +12.1% to $339,463
• Transaction volume +17% YoY in January 2026

Negative

• Net loss of $1,785,673 (nine months)
• Quarterly net loss widened to $1,092,883 in Q3
• Share-based payments $653,323 (nine months), 36.6% of loss

Verification Revenue increased by 14% over the same nine-month prior period.

Operating Expenses increased by 2% over the same nine-month prior period.

Subsequent to Dec. 31, 2025, Transaction Volume increased by 17% YoY in January 2026.

Vancouver, British Columbia--(Newsfile Corp. - March 2, 2026) - Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRF) (FSE: 2V0) ("Inverite"), a Canadian risk infrastructure company providing real-time financial data and decisioning signals, specializing in real-time bank verification, income and affordability analytics, and AI-driven risk-modeling and fraud-prevention solutions, announces its nine-month financial results for the period ended December 31, 2025, compared to December 31, 2024.

Key financial highlights for the nine-month period ended December 31, 2025, include:

• The Company increased verification fee revenue by 14.3% to $1,050,569 (December 30, 2024 - $919,379). Inverite continues to see its transaction volumes increase, which contributed to the increase in verification of fee revenues over the comparative period in 2024.

• The Company saw operating expenses increase by 2.4%, or $67,638, to $2,847,482 (December 31, 2024 - $2,779,844) as the Company continues to manage efficiencies. The period included $653,323 in non-cash share-based payments (2024 - $347,622), representing approximately 23% of total operating expenses.

• The Company recorded a net loss of $1,785,673 (December 31, 2024 - net loss of $1,982,132). Non-cash share-based payments are attributed to 36.6% or $653,323 of the loss. A decrease in net loss was primarily from a reduction in software and platform technology services and gain on write-off of account payable during the nine-month period ended December 31, 2025.

Key financial highlights for the three-month period ended December 31, 2025, include:

• For the three months ended December 31, 2025, the Company generated $ 339,463 (December 31, 2024 - $302,930) of verification fees generated from Inverite, representing an increase of 12.1% over the comparable period.

• Operating expenses for the three months ended December 31, 2025, increased by $478,665, or 52.3%, to $1,412.346 (December 31, 2024 - $933,691). The increase was mainly due to $548,341 in non-cash share-based payments.

• The Company recorded net loss of $1,092,883 for the three months ended December 31, 2025 (December 31, 2024 - $671,655). The increase in net loss was primarily due to a $548,341 in non-cash share-based payments as compared to the same period in 2024.

"Our nine-month results reflect disciplined execution - verification revenue increased 14.3% year-over-year while operating expenses grew just 2.4%," said Karim Nanji, CEO of Inverite. "The improvement in spread between revenue growth and operating expenses reflects the scalability of our platform and demonstrates emerging operating leverage within the business. The operating discipline demonstrated in this period strengthens our ability to allocate capital toward strategic initiatives. The discipline reflected in our cost structure provides greater flexibility in capital allocation as we selectively invest in initiatives that enhance product capability, expand distribution, and enhance the long-term scalability of the Inverite platform."

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 December 31, 2025, are filed on SEDAR+ at www.sedarplus.ca.

About Inverite Insights Inc.

Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRF) (FSE: 2V0) ("Inverite") is a Canadian risk infrastructure company providing real-time financial data and decisioning signals, specializing in real-time bank verification, income and affordability analytics, and AI-driven risk-modeling and fraud-prevention solutions used by fintechs, lenders, and financial institutions across Canada.

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

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

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/285819

FAQ

How much did Inverite (INVRF) revenue change in the nine months to Dec 31, 2025?

Verification fee revenue increased 14.3% to $1,050,569. According to the company, higher transaction volumes drove the increase versus the nine-month period ended Dec 31, 2024.

What caused Inverite's (INVRF) net loss for the nine months ended Dec 31, 2025?

The company reported a net loss of $1,785,673, partly from non-cash share-based payments. According to the company, $653,323 in share-based payments represented about 36.6% of the loss.

Why did Inverite (INVRF) operating expenses rise in Q3 ending Dec 31, 2025?

Operating expenses rose 52.3% year-over-year in Q3, mainly from non-cash share-based payments. According to the company, $548,341 of share-based charges drove most of the quarterly increase.

What were Inverite's (INVRF) Q3 verification fees and growth rate?

Q3 verification fees were $339,463, up 12.1% year-over-year. According to the company, continued increases in transaction volumes contributed to the quarterly revenue gain.

Did Inverite (INVRF) report any post-period operational trends after Dec 31, 2025?

The company reported transaction volume growth of 17% year-over-year in January 2026. According to the company, this post-period increase reflects ongoing demand for verification services.