INVLWNasdaqBlank ChecksUS GAAP · USD

Innventure, Inc.

Innventure, Inc. is a U.S.-listed venture creation and operating company that acquires or licenses transformative technologies from large corporate innovators and builds them into operating businesses. Its current platform centers on AeroFlexx, Accelsius, and Refinity Olefins, with a stated focus on sustainable technology solutions and long-term value creation through operating cash flow.

Liikevaihto2,1milj. USD
Liikevoitto (EBIT)−465milj. USD
−1 053,2 %v/v
EBIT-marginaali−22 602,1%
Nettotulos−293milj. USD
−375,0 %v/v
Vapaa kassavirta−82,1milj. USD
−178,5 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2023–2025

−500−400−300−200−1000100milj. USD2023: 1,1 milj. USD2023: EBIT −24 milj. USD20232024: EBIT −40 milj. USD20242025: 2,1 milj. USD2025: EBIT −465 milj. USD20252,1−465
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Operating companies70 %

Products and services generated by portfolio operating businesses, including product sales and related operating revenue.

Management fee income30 %

Predetermined fees earned from managing and supporting portfolio and platform activities.

Tuotteet

Raportoitu · osuus liikevaihdosta
75,7%24,3%FY2025100 %
  • Other75,7 %
  • Management Fees24,3 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Innventure sells through its operating companies to commercial and industrial customers that adopt new technology for packaging, cooling, and process applications. It also earns management-fee income from internal platform arrangements tied to its operating businesses. Customer demand is driven by adoption of sustainability, efficiency, and performance-improvement technologies rather than by a broad consumer brand franchise.

Industrial and commercial end users

Buy AeroFlexx, Accelsius, or related solutions to improve packaging, cooling, or process performance.

Portfolio-company counterparties

Pay management or service fees tied to Innventure's platform and operating support activities.

Technology licensors and corporate innovators

Provide technologies that Innventure acquires or licenses to commercialize through operating companies.

Strategic and financial investors

Provide capital to fund operating companies and growth initiatives across the platform.

Strategia

Innventure's strategy is to source transformative technologies from multinational corporations, fund them, and build operating businesses that can generate long-term cash flow. Near term, the company is focused on financing liquidity needs, supporting growth across its operating companies, and scaling the Technology segment while managing public-company overhead.

Fund liquidity and working capital needsLyhyt aikaväli

The company disclosed limited cash and substantial near-term funding requirements.

Scale operating companiesKeskipitkä aikaväli

Growth in product sales is the main path to building durable value.

Commercialize acquired/licensed technologiesPitkä aikaväli

The model depends on turning sourced technologies into operating businesses.

Maantiede

The company is headquartered in the United States and reports as a U.S.-listed issuer, but the excerpts do not disclose a country-by-country revenue split. Its exposure is therefore driven more by where portfolio companies operate and source capital than by a clearly disclosed geographic sales mix.

Riskit

The most immediate risk is liquidity: management disclosed limited cash and a need for significant additional funding, with going-concern sensitivity if capital or operating revenues fall short. More broadly, the business depends on successful commercialization of early-stage technologies, which creates execution, valuation, and dilution risk, while public-company overhead and fair-value volatility can amplify reported losses.

Järjestetty vakavuuden mukaan
Liquidity shortfall / going concernKriittinen

Management said it may need at least $50,000 plus additional growth funding over the next 12 months.

Kohdistuu: Innventure and its operating companies

Financing dilutionKorkea

Additional debt or equity could be required and may dilute existing stockholders.

Kohdistuu: Common stockholders

Commercialization and execution riskKorkea

Value depends on turning acquired/licensed technologies into revenue-generating businesses.

KohdistuuAeroFlexxAccelsiusRefinity
Fair-value and investment volatilityKeskitaso

Results include gains/losses on investments and changes in fair value of financial liabilities.

Kohdistuu: Non-operating income and net loss

Public-company overheadKeskitaso

Listing-related legal, audit, insurance, and administrative costs increase fixed expenses.

Kohdistuu: General and administrative expense

Kirjanpito

Harkinnanvaraiset erät
Revenue mix and recognition

Revenue was described as mainly management fee income in one period and product sales growth in another.

Vaikutus: Affects comparability, gross margin, and segment trend analysis

Fair value of financial liabilities and investments

The company recorded gains and losses from investments and changes in fair value of liabilities.

Vaikutus: Can materially move net income/loss without affecting cash flow

Intangible asset amortization

Amortization increased as Technology segment revenue expanded.

Vaikutus: Raises cost of sales and depresses operating margin

Inventory write-offs

Cost of sales included inventory write-offs in the reported quarter.

Vaikutus: Can create volatility in gross profit

Going-concern assessment

Management explicitly stated financing uncertainty could affect continued operations.

Vaikutus: Important for liquidity, valuation, and disclosure analysis

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026

Innventure, Inc. (INVLW) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo