Invinity Energy Systems (GB:IES) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Invinity Energy Systems, a leading vanadium flow battery manufacturer, reports a £1.6m total income and £11.4m operating loss for H1 2024, in line with guidance. The company highlights a new sale of a 1.2 MWh system to Gamesa Electric in Spain and emphasizes its strategic growth with enhanced UK manufacturing capabilities and upcoming product launches. With a £25m investment from the UK Infrastructure Bank and positive outlooks for long-duration energy storage, Invinity is setting corporate goals for 2025, including a focus on operational efficiency and market expansion.
For further insights into GB:IES stock, check out TipRanks’ Stock Analysis page.
