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Invinity Energy Systems Plc (IES.LN)

Invinity Energy Systems Plc (IES.LN)
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Invinity Energy Systems PLC operates in the manufacturing of vanadium flow battery systems and their related installation and other services. Its vanadium flow batteries are a form of heavy-duty, stationary energy storage, used in high-utilization applications such as being coupled with industrial-scale solar generation for distributed, low-carbon energy projects. The company's flow battery systems are ideal for commercial and industrial sites, grid network infrastructure projects, and off-grid applications, either standalone or alongside renewable energy such as solar PV. It generates the majority of its revenue from the sale of Battery systems and associated control systems.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 5,015 22,006 2,944 3,185 406
Sales Growth -77.21% +647.49% -7.57% +684.48% -38.76%
Net Income -22,797 -23,179 -18,537 -21,372 -24,271
Net Income Growth +1.65% -25.04% +13.27% +11.94% -254.74%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 75,560 41,970 53,085 66,641 50,146
Total Assets Growth +80.03% -20.94% -20.34% +32.89% +224.80%
Total Liabilities 9,891 8,157 18,695 15,401 7,795
Total Liabilities Growth +21.26% -56.37% +21.39% +97.58% +173.41%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow -24,894 -19,359 -21,872 -22,964 -10,916
Operating Cash Flow Growth -28.59% +11.49% +4.76% -110.37% -63.78%
Net Cash Flow 27,423 -210 -21,294 4,389 20,723
Change in Net Cash Flow +13,158.57% +99.01% -585.17% -78.82% +1,118.33%
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