{"success":true,"data":{"pressRelease":{"id":"129934","rtpr_id":"nGNX98qxbm","ticker":"IVX","exchange":"","all_tickers":["IVX"],"title":"CORRECTION – Inventronics Announces 2026 Q2 Financial Results","author":"Globe Newswire","published_at":"2026-08-27T22:32:31.110Z","article_body":"CALGARY, Alberta, Aug. 27, 2026 (GLOBE NEWSWIRE) -- In a release issued under\nthe same headline earlier today by Inventronics Limited (TSX Venture: IVX),\nplease note that certain language was inadvertently carried forward from the\nCompany's Q1 2026 press release. The corrected release follows:\n\nInventronics Limited (“Corporation”) (IVX: TSX Venture), a designer and\nmanufacturer of enclosures for the telecommunications, cable, electric\ndistribution, energy, and other industries in Canada and the USA, today\nannounced its unaudited 2026 Q2 financial results. \n\nFor the three months ended June 30, 2026, Inventronics reported net earnings\nof $132,000, or 2.7 cents per share, on revenue of $2,270,000 compared to net\nearnings of $138,000, or 2.8 cents per share, on revenue of $2,190,000 for the\nthree months ended June 30, 2025.  For the six months ended June 30, 2026,\nInventronics reported net earnings of $157,000, or 3.2 cents per share, on\nrevenue of $3,997,000 compared to net earnings of $321,000, or 6.6 cents per\nshare, on revenue of $4,617,000 for the comparative period in 2025.\n\n Financial Highlights                                                                                     \n                                                      Three months ended        Six months ended          \n (in thousands of dollars, except per share amounts)  Jun 30 2026  Jun 30 2025  Jun 30 2026  Jun 30 2025  \n Revenue                                              2,270        2,190        3,997        4,617        \n Net earnings                                         132          138          157          321          \n Basic earnings per share                             2.7¢         2.8¢         3.2¢         6.6¢         \n\n\n\n Financial Position                                                   \n As at (in thousands of dollars)            Jun 30 2026  Dec 31 2025  \n Working capital                            1,532        1,761        \n Property, plant and equipment              3,440        3,149        \n Long-term debt, excluding current portion  1,945        2,050        \n Shareholders’ equity                       2,748        2,581        \n                                                                      \n\nFurther information about the financial results of the Corporation can be\nfound in the Corporation's unaudited interim financial statements for the\nquarter ended June 30, 2026 and accompanying management's discussion and\nanalysis (\"2026 Q2 MD&A\") filed on SEDAR+ at www.sedarplus.ca.\n\nAbout Inventronics\n\nInventronics Limited designs and manufactures enclosures and other products\nfor an array of customers in the telecommunications, cable, electric\ndistribution, energy, and other industries in Canada and the USA. The\nCorporation owns its ISO 9001-registered production facility in Brandon,\nManitoba.\n\nShares of Inventronics trade on the TSX Venture Exchange under the symbol\n“IVX”. For more information about the Corporation, its products and its\nservices, go to www.inventronics.com.\n\nFOR FURTHER INFORMATION PLEASE CONTACT:\n\nDan J. Stearne, President and CEO              (204)\n717-0487                 dstearne@inventronics.com\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d788cc11-1439-4b46-a96a-b2bd96ccd664)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX98qxbm","title":"CORRECTION – Inventronics Announces 2026 Q2 Financial Results","author":"Globe Newswire","ticker":"IVX","created":"2026-08-27T22:32:31.110Z","tickers":["IVX"],"exchange":"","article_body":"CALGARY, Alberta, Aug. 27, 2026 (GLOBE NEWSWIRE) -- In a release issued under\nthe same headline earlier today by Inventronics Limited (TSX Venture: IVX),\nplease note that certain language was inadvertently carried forward from the\nCompany's Q1 2026 press release. The corrected release follows:\n\nInventronics Limited (“Corporation”) (IVX: TSX Venture), a designer and\nmanufacturer of enclosures for the telecommunications, cable, electric\ndistribution, energy, and other industries in Canada and the USA, today\nannounced its unaudited 2026 Q2 financial results. \n\nFor the three months ended June 30, 2026, Inventronics reported net earnings\nof $132,000, or 2.7 cents per share, on revenue of $2,270,000 compared to net\nearnings of $138,000, or 2.8 cents per share, on revenue of $2,190,000 for the\nthree months ended June 30, 2025.  For the six months ended June 30, 2026,\nInventronics reported net earnings of $157,000, or 3.2 cents per share, on\nrevenue of $3,997,000 compared to net earnings of $321,000, or 6.6 cents per\nshare, on revenue of $4,617,000 for the comparative period in 2025.\n\n Financial Highlights                                                                                     \n                                                      Three months ended        Six months ended          \n (in thousands of dollars, except per share amounts)  Jun 30 2026  Jun 30 2025  Jun 30 2026  Jun 30 2025  \n Revenue                                              2,270        2,190        3,997        4,617        \n Net earnings                                         132          138          157          321          \n Basic earnings per share                             2.7¢         2.8¢         3.2¢         6.6¢         \n\n\n\n Financial Position                                                   \n As at (in thousands of dollars)            Jun 30 2026  Dec 31 2025  \n Working capital                            1,532        1,761        \n Property, plant and equipment              3,440        3,149        \n Long-term debt, excluding current portion  1,945        2,050        \n Shareholders’ equity                       2,748        2,581        \n                                                                      \n\nFurther information about the financial results of the Corporation can be\nfound in the Corporation's unaudited interim financial statements for the\nquarter ended June 30, 2026 and accompanying management's discussion and\nanalysis (\"2026 Q2 MD&A\") filed on SEDAR+ at www.sedarplus.ca.\n\nAbout Inventronics\n\nInventronics Limited designs and manufactures enclosures and other products\nfor an array of customers in the telecommunications, cable, electric\ndistribution, energy, and other industries in Canada and the USA. The\nCorporation owns its ISO 9001-registered production facility in Brandon,\nManitoba.\n\nShares of Inventronics trade on the TSX Venture Exchange under the symbol\n“IVX”. For more information about the Corporation, its products and its\nservices, go to www.inventronics.com.\n\nFOR FURTHER INFORMATION PLEASE CONTACT:\n\nDan J. Stearne, President and CEO              (204)\n717-0487                 dstearne@inventronics.com\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d788cc11-1439-4b46-a96a-b2bd96ccd664)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-08-27T22:32:31.155662066Z","server_sent_at_ms":1787869951155},"received_at":"2026-08-27T22:32:31.219Z","source_url":null},"analysis":{"id":"118847","press_release_id":"129934","analysis_json":{"industry":{"label":"Electrical Equipment","sector":"Industrials"},"redFlags":["H1 net earnings declined over 50% year-over-year","Correction required due to language inadvertently carried forward from Q1 release"],"eventType":"earnings","narrative":"Inventronics issued a correction to its Q2 2026 financial results, reporting revenue of $2.27 million and net earnings of $132,000 for the quarter.\n\nCompared to the prior year, Q2 revenue increased slightly from $2.19 million, while earnings dipped marginally from $138,000.\n\nFor the six-month period, revenue fell to $3.997 million from $4.617 million, and net earnings dropped to $157,000 from $321,000 year-over-year.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Small cap issuer corrects earnings release; H1 profitability shows significant decline."},"keyFigures":{"revenue":2270000,"customDimensions":{"h1_revenue":3997000,"net_earnings":132000,"long_term_debt":1945000,"h1_net_earnings":157000,"working_capital":1532000}},"quotedText":"","namedEntities":{"people":[{"name":"Dan J. Stearne","role":"President and CEO"}],"products":[],"companies":[{"name":"Inventronics Limited","ticker":"IVX"},{"name":"TSX Venture Exchange","relationship":"exchange"}],"dollarAmounts":[{"amount":"$2,270,000","context":"Q2 2026 revenue"},{"amount":"$132,000","context":"Q2 2026 net earnings"},{"amount":"$3,997,000","context":"Six months ended June 30, 2026 revenue"},{"amount":"$157,000","context":"Six months ended June 30, 2026 net earnings"}]},"materialImpact":{"score":2,"reasoning":"Correction of Q2 2026 financial results for a small-cap TSX Venture issuer. While the administrative error necessitated a correction, the underlying financials show a year-over-year decline in H1 profitability despite a slight Q2 revenue uptick."},"tickerRelevance":{"others":[],"primary":"IVX"},"globalImportance":15,"audienceRelevance":5,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"earnings-correction","issuerAuthored":true}},"event_type":"earnings","event_type_secondary":null,"sentiment":"neutral","material_impact_score":2,"narrative":"Inventronics issued a correction to its Q2 2026 financial results, reporting revenue of $2.27 million and net earnings of $132,000 for the quarter.\n\nCompared to the prior year, Q2 revenue increased slightly from $2.19 million, while earnings dipped marginally from $138,000.\n\nFor the six-month period, revenue fell to $3.997 million from $4.617 million, and net earnings dropped to $157,000 from $321,000 year-over-year.","key_figures":{"revenue":2270000,"customDimensions":{"h1_revenue":3997000,"net_earnings":132000,"long_term_debt":1945000,"h1_net_earnings":157000,"working_capital":1532000}},"named_entities":{"people":[{"name":"Dan J. Stearne","role":"President and CEO"}],"products":[],"companies":[{"name":"Inventronics Limited","ticker":"IVX"},{"name":"TSX Venture Exchange","relationship":"exchange"}],"dollarAmounts":[{"amount":"$2,270,000","context":"Q2 2026 revenue"},{"amount":"$132,000","context":"Q2 2026 net earnings"},{"amount":"$3,997,000","context":"Six months ended June 30, 2026 revenue"},{"amount":"$157,000","context":"Six months ended June 30, 2026 net earnings"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-27T22:33:55.464Z","global_importance":15,"audience_relevance":5,"importance_components":{"tickerTier":"micro-cap","eventGravity":"earnings-correction","issuerAuthored":true}},"durationMs":84188,"modelName":"glm-4.7"}}