Inneova swings to FY25 net loss of $0.4 million; net revenue falls to $58.4 million

PUBT·05/15/2026 19:42:00

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Inneova Holdings posted net loss of USD 0.4 million for fiscal 2025, swinging from net income of about USD 0.4 million a year earlier.
Net revenue fell 6.86% to USD 58.4 million, led by declines in Off-Highway to USD 29.33 million and On-Highway to USD 24.51 million.
Gross profit margin narrowed 0.4 percentage point to 19.2%, while selling and distribution expenses dropped 30.83% to USD 1.17 million.
Administrative expenses rose 7.9% to USD 10.11 million, driven by higher staff costs of USD 5.76 million and legal and professional fees of USD 1.15 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Inneova Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-023663), on May 15, 2026, and is solely responsible for the information contained therein.

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