INNVENTURE INC C/WTS 02/10/2029 (TO PUR COM) | 8-K: FY2025 Q1 Revenue: USD 224 K

Revenue: As of FY2025 Q1, the actual value is USD 224 K.

EPS: As of FY2025 Q1, the actual value is USD -3.1.

EBIT: As of FY2025 Q1, the actual value is USD -247.99 M.

Segment Revenue

• Revenue for the three months ended March 31, 2025 was $224 thousand, consistent with the same period in 2024.

Operational Metrics

• Net loss for the three months ended March 31, 2025 was - $253,674 thousand, compared to - $7,526 thousand for the same period in 2024.
• Loss from operations was - $261,198 thousand for the three months ended March 31, 2025, compared to - $10,532 thousand for the same period in 2024.
• Total operating expenses increased significantly to $261,422 thousand from $10,756 thousand in the prior year period, primarily due to a goodwill impairment charge of $233,213 thousand.
• Adjusted EBITDA for the three months ended March 31, 2025 was - $21,824 thousand, compared to - $1,856 thousand for the same period in 2024.

Cash Flow

• Net cash used in operating activities was - $14,696 thousand for the three months ended March 31, 2025, compared to - $7,397 thousand for the same period in 2024.
• Net cash used in investing activities was - $3,254 thousand for the three months ended March 31, 2025, compared to - $3,180 thousand for the same period in 2024.
• Cash flows provided by financing activities were $8,206 thousand for the three months ended March 31, 2025, compared to $10,159 thousand for the same period in 2024.

Unique Metrics

• Goodwill impairment for the three months ended March 31, 2025 was $233,213 thousand, attributed to decreases in the company’s share price and market capitalization.

Outlook / Guidance

• Innventure reiterates confidence in achieving revenue growth inflection during the second half of 2025.
• Accelsius is positioned in the two-phase, direct-to-chip liquid cooling market and is engaged in discussions with major players, anticipating a significant adoption cycle.
• The company is focused on building companies with disruptive technologies that represent at least $1 billion enterprise value opportunities.