Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
INEO Tech Corp. (TSE:INEO)
:INEO
Holding TSE:INEO?
Track your performance easily
Earnings Data
Report Date
Mar 03, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-0.01Same Quarter Last Year
Based on 0 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 23, 2020
|% Change Since: 50.00%
|Next Earnings Date:May 26, 2020
Earnings Call Sentiment|Neutral
The earnings call presented a mix of strategic advancements and financial challenges. While INEO made significant progress in forming key partnerships and launching new initiatives like ORCA, it faced declining revenue and profit margins. The company is actively managing its cash position and debt levels to navigate these challenges, with a focus on achieving positive cash flow. Despite the financial setbacks, the strategic developments and potential future growth prospects offer a balanced outlook.Company Guidance
During the INEO Tech Corp Q1 2024 earnings call, the company provided several key metrics and insights into its business operations and future expectations. The company reported a revenue of $365,931 for the three months ended September 30, 2023, a decrease from $416,086 in the same period in 2022, which was attributed to a strategic shift towards expanding their media network. Gross profit for this quarter was $143,735, with a gross margin percentage of 39.3%, down from 49.9% the previous year. The net loss for the quarter was $695,623, or $0.01 per share, compared to a loss of $597,178, or $0.01 per share, in the prior year. Adjusted EBITDA loss was $551,027, compared to $512,286 in the same quarter last year. The company's pipeline projects an increase from 22 billion to over 100 billion advertising impressions annually in the next three years, leveraging new commercial agreements. Additionally, INEO shipped 59 systems to Prosegur for stores in Colombia, marking a significant step in their global distribution efforts, and highlighting their focus on recurring SaaS revenues. The company is also excited about its ORCA initiative, aimed at combating organized retail crime, which has generated significant interest from retailers.Updated Commercial Agreements
INEO successfully negotiated updated commercial agreements with large retail and regional liquor store network customers, positioning the company as a leader in the retail media space. These agreements could increase advertising inventory to more than 100 billion impressions per year within the next 3 years.
Global Distribution Partnership with Prosegur
INEO received a major order from Prosegur to supply systems to a customer in Bogota, Colombia, demonstrating the company's ability to scale and setting a path for recurring SaaS revenues.
Launch of ORCA Initiative
INEO announced ORCA (Organized Retail Crime Alerts), attracting interest from retailers and providing advanced AI-driven analytics without storing biometric profiles, enhancing its value proposition in loss prevention.
Successful System Deployment with Cencosud
INEO shipped 59 systems for 4 stores for Cencosud, illustrating the potential for recurring SaaS revenue and aligning with the company’s model of selling systems for cash while receiving monthly fees.
---
TSE:INEO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
TSE:INEO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 29, 2024 | C$0.04 | C$0.04 | 0.00% |
| Oct 28, 2024 | C$0.06 | C$0.06 | 0.00% |
| May 30, 2024 | C$0.08 | C$0.06 | -25.00% |
| Feb 28, 2024 | C$0.07 | C$0.06 | -14.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does INEO Tech Corp. (TSE:INEO) report earnings?
INEO Tech Corp. (TSE:INEO) is schdueled to report earning on Mar 03, 2025, TBA Not Confirmed.
What is INEO Tech Corp. (TSE:INEO) earnings time?
INEO Tech Corp. (TSE:INEO) earnings time is at Mar 03, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:INEO EPS forecast?
Currently, no data Available
---