Inventronics Limited Due Diligence Report. All information can be found at
www.sedar.com Symbol: IVX.V
Price: $0.16
Common Shares: 4,405,145
Insider Holdings: 70% or 3,083,602 - Held under numbered corporation
Available Retail Float: 1,321,543
Warrants/Options: 333,000 at $0.12
Most Recent Financials Results. Filed November 26th 2020, Quarter Ending
Year | Revenue | Profit/(-Loss) | Assets | Liabilities | Earnings Per Share |
2016 | $3,830,000 | -$283,000 | $3,268,000 | $2,939,000 | -0.064 |
2017 | $4,480,000 | $81,000 | $2,338,000 | $2,818,000 | 0.018 |
2018 | $4,616,000 | $16,000 | $3,637,000 | $3,211,000 | 0.004 |
2019 | $5,656,000 | $195,000 | $3,292,000 | $2,671,000 | 0.044 |
2020(Q1-Q3) | $4,685,000 | $699,000 | $3,967,000 | $2,645,000 | 0.159 |
Company website:
https://www.inventronics.com/ Company information: Founded in 1970 in Brandon, Manitoba, Canada, Inventronics designs, manufactures and markets protective enclosures for use in utility-type infrastructures. The Corporation’s products are typically found in telecommunication networks, cable television networks, electric power distribution networks and oil and gas installations where they are utilized in both outdoor and indoor applications to house and protect passive and/or active electrical and electronic components. Although the Corporation’s products have been primarily placed in service throughout North America, it is common to find Inventronics enclosures in other international infrastructures as well. The majority of Inventronics' revenues are generated from the sale of standard products which are sold directly to utilities, original equipment manufacturers and/or through distributors. For customers with special requirements, the Corporation designs and manufactures products to suit the customer's particular needs. This can range from the modification of an existing Inventronics cabinet to the design and manufacture of a custom enclosure.