Inverite Announces Financial Results for Nine and Three-Months Ending December 31, 2025

Executive Summary

• Inverite Insights reported a 14.3% increase in verification fee revenue to $1,050,569 for the nine months ended Dec 31 2025 versus the prior year.
• Operating expenses grew only modestly (2.4%) to $2,847,482, but non‑cash share‑based payments rose sharply, representing ~23% of total expenses.
• Net loss narrowed to $1.79 M for the nine‑month period (vs. $1.98 M a year earlier), though a three‑month net loss widened to $1.09 M due largely to higher share‑based compensation.

Key Details

• Revenue: Verification fee revenue of $1,050,569 (+14.3% YoY); Q3 (three‑month) verification fees $339,463 (+12.1% YoY).
• Operating Expenses: $2,847,482 for nine months (+2.4% YoY; +$67,638), including $653,323 in non‑cash share‑based payments (23% of total). Q3 expenses $1,412,346 (+52.3% YoY) driven by $548,341 in non‑cash share‑based compensation.
• Net Loss: Nine‑month net loss $1,785,673 (improved from $1,982,132 YoY); three‑month net loss $1,092,883 (worse than $671,655 YoY) due to higher share‑based costs.
• Expense Composition: Share‑based payments accounted for 36.6% of the nine‑month loss and 50.2% of the three‑month loss.
• Operational Highlights: Transaction volume increased 17% YoY in January 2026, supporting revenue growth.
• Management Commentary: CEO Karim Nanji highlighted “disciplined execution” and improved spread between revenue growth and expense growth, indicating emerging operating leverage and flexibility for strategic capital allocation.

Notable Quotes

“Our nine-month results reflect disciplined execution – verification revenue increased 14.3% year‑over‑year while operating expenses grew just 2.4%,” — Karim Nanji, CEO

The release includes standard forward‑looking statements and disclaimer language, which have been omitted for brevity.