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Invinity Energy Systems PLC

Company price
11.2 GBX -0.20 ( 1.75%)
Last update at 2026-10-27T16:35:00Z
VOLUME
387434
Market Cap
99.39M

Momentum Score

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Invinity Energy Systems plc manufactures and sells vanadium flow batteries and related hardware for energy storage markets in Asia, Australia, Europe, and North America. It also provides other services. The company sells its products under the Invinity ENDURIUM and Invinity VS3 brands. It serves utilities and power producers, commercial and industrial, and independent industries. Invinity Energy Systems plc was incorporated in 2006 and is based in London, the United Kingdom.

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Day Price Range
11.00
Low
11.50
High
52 Week Price Range
11.25
Low
29.00
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Invinity Energy Systems PLC develops and supplies vanadium redox flow battery systems for long-duration stationary energy storage serving utilities and commercial and industrial customers. Long-term growth drivers include rising renewable penetration that may increase demand for multi-hour storage, opportunities to scale manufacturing and project deployment, and interest in durable, recyclable chemistries that could support grid flexibility. Investors may find the company attractive for its focus on modular, long-life systems that appears positioned to address decarbonization needs.
Key risks include a history of losses, dependence on successful project execution and commercial scale-up, competition from lower-cost lithium-ion alternatives, vanadium supply and price volatility, and potential financing constraints.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
11.40
Dividend Yield
-
Revenue TTM
3.63M
Revenue Per Share
0.01
Gross Profit TTM
-4.62M
Debt / Equity
0.03
ROE
-32.53%
Net Debt
-30.66M
ROCE
-33.16%
Diluted EPS TTM
-0.04

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax -22.80M -25.13M -18.54M -21.37M -24.27M
Net income -22.80M -23.18M -18.59M -21.04M -29.04M
Selling general administrative 4.04M 4.31M 5.73M 3.42M 2.59M
Selling and marketing expenses 0.85M 1.05M 0.40M 0.25M 0.10M
Gross profit -3.51M -3.35M 0.02M -3.44M -0.97M
Reconciled depreciation 1.38M 1.40M 1.35M 0.73M 6.71M
Ebit -22.69M -22.37M -18.93M -21.26M -20.23M
Ebitda -21.31M -20.97M -17.07M -20.97M -12.79M
Depreciation and amortization 1.38M 1.40M 1.86M 0.29M 7.44M
Operating income -24.06M -22.78M -18.93M -21.26M -20.23M
Other operating expenses 29.07M 44.78M 21.88M 24.82M 18.17M
Interest expense 0.10M 0.81M 0.07M 0.04M 2.30M
Tax provision 0.00M 0.00M 0.00M 0.00M 0.00M
Interest income 1.22M 0.30M 0.06M 0.00M 0.00M
Net interest income 1.25M -0.51M -0.00M -0.04M -2.30M
Income tax expense - -1.95M 0.05M -0.33M 4.77M
Total revenue 5.01M 22.01M 2.94M 3.19M 0.41M
Total operating expenses 20.54M 19.42M 18.95M 18.20M 16.80M
Cost of revenue 8.53M 25.36M 2.93M 6.62M 1.37M
Total other income expense net 1.26M -2.35M 0.40M -0.11M -4.04M
Net income from continuing ops -22.80M -23.18M -18.54M -21.37M -24.27M
Net income applicable to common shares - - -18.54M -21.37M -24.27M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 75.56M 41.97M 53.09M 66.64M 50.15M
Intangible assets 0.01M 0.06M 0.11M 0.15M 0.18M
Other current assets 4.13M 2.27M 8.78M 8.29M 1.45M
Total liab 9.89M 8.16M 18.70M 15.40M 7.79M
Total stockholder equity 65.67M 33.81M 34.39M 51.24M 42.35M
Other current liab 3.60M 3.00M 0.00M 13.15M 6.54M
Common stock 53.47M 51.35M 50.72M 50.69M 162.41M
Capital stock 53.47M 51.35M 50.72M 50.69M 37.87M
Retained earnings -208.07M -185.27M -162.09M -143.56M -122.19M
Good will 23.94M 23.94M 23.94M 23.94M 23.94M
Cash 32.35M 5.01M 5.14M 26.36M 21.95M
Total current liabilities 7.12M 7.20M 17.73M 14.98M 7.20M
Current deferred revenue - 1.31M 13.28M - -
Net debt -30.66M -3.46M -3.43M -25.59M -21.20M
Short term debt 0.55M 0.72M 0.74M 0.35M 0.16M
Short long term debt - - - - 0.00M
Short long term debt total 1.70M 1.56M 1.71M 0.77M 0.76M
Other stockholder equity 220.27M 167.74M 145.77M 144.11M 2.12M
Property plant equipment - - 3.05M 2.10M 1.71M
Total current assets 47.73M 14.41M 25.98M 40.44M 24.31M
Net tangible assets - - 10.34M 27.14M 18.22M
Short term investments 3.00M - - - -
Net receivables 2.50M 3.84M 1.74M 3.64M 0.34M
Inventory 5.75M 3.29M 9.83M 5.80M 0.91M
Accounts payable 2.97M 2.17M 3.71M 1.48M 0.50M
Accumulated other comprehensive income - 4.86M - - -
Common stock total equity - - - - 162.41M
Non currrent assets other - 0.30M - - -
Non current assets total 27.83M 27.56M 27.10M 26.20M 25.84M
Capital lease obligations 1.70M 1.56M 1.71M 0.77M 0.76M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments -1.30M -0.98M -0.71M -0.75M -0.36M
Change to liabilities - - 4.25M 3.54M 5.72M
Total cashflows from investing activities -1.30M -0.98M -0.71M -0.75M -0.36M
Net borrowings - 0.74M -0.59M -0.32M 1.78M
Total cash from financing activities 53.62M 20.13M 1.29M 28.10M 32.00M
Change to operating activities - - -5.42M -0.82M -0.07M
Net income -22.80M -23.18M -18.54M -21.37M -24.27M
Change in cash 27.34M -0.12M -21.22M 4.40M 20.71M
Begin period cash flow 5.01M 5.14M 26.36M 21.95M 1.24M
End period cash flow 32.35M 5.01M 5.14M 26.36M 21.95M
Total cash from operating activities -24.89M -19.36M -21.87M -22.96M -10.92M
Issuance of capital stock 57.39M 22.17M 1.94M 28.42M 28.95M
Depreciation 1.38M 1.40M 1.35M 0.73M 6.71M
Other cashflows from investing activities - -0.03M - - -
Change to inventory -2.97M 6.14M -3.88M -4.49M -1.36M
Change to account receivables 1.64M -1.49M -0.26M -1.97M 0.17M
Sale purchase of stock - - - - 28.95M
Other cashflows from financing activities -3.77M -2.04M -0.65M -0.32M 3.04M
Change to netincome - - 0.63M 1.41M 8.31M
Capital expenditures 1.30M 1.04M 0.71M 0.75M 0.36M
Change in working capital -5.68M 0.84M -5.32M -3.73M 4.46M
Stock based compensation 0.62M 0.73M 0.68M 1.83M 0.78M
Other non cash items 1.58M 0.85M 0.01M -0.42M 2.30M
Free cash flow -26.20M -20.40M -22.58M -23.71M -11.27M

Peer Comparison*

Sector: Industrials Industry: Electrical Equipment & Parts

Stock Name
Change
(GBX)
Price
(GBX)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
IES
Invinity Energy Systems PLC
-0.20
1.75%
11.20 - - 27.35 1.72 21.89 -2.45
VLX
Volex Plc
13.00
2.38%
560.00 22.17 14.77 0.81 2.83 1.18 9.94
CWR
Ceres Power Holdings PLC
16.00
5.88%
288.20 - - 33.26 6.11 17.66 -18.05
XPP
XP Power Ltd
78.00
4.59%
1776.00 - 25.38 1.63 2.07 1.96 21.38
TFW
FW Thorpe PLC
5.00
1.91%
267.00 11.82 14.04 1.69 1.53 1.33 5.53

Profile*

Invinity Energy Systems PLC

Invinity Energy Systems plc manufactures and sells vanadium flow batteries and related hardware for energy storage markets in Asia, Australia, Europe, and North America. It also provides other services. The company sells its products under the Invinity ENDURIUM and Invinity VS3 brands. It serves utilities and power producers, commercial and industrial, and independent industries. Invinity Energy Systems plc was incorporated in 2006 and is based in London, the United Kingdom.

24 Chiswell Street, London, United Kingdom, EC1Y 4TY

44 20 4551 0361

145

Name Title Year Born
Mr. Lawrence A. Zulch CEO & Director 1958
Mr. Jonathan Marren Interim CFO, Chief Devel. Officer & Exec. Director 1975
Mr. Neil Lang BA, MEng, CEng Chief Operating Officer NA
Mr. Andy Klassen Chief Technology Officer NA
Joe Worthington Director of Communications NA
Mr. Matthew Harper P.Eng Chief Commercial Officer & Director 1977
Mr. Jonathan Anthony Frank Marren CEO & Executive Director 1975
Mr. Matthew Harper P.Eng President & Director 1977
Mr. Adam Howard CFO & Executive Director 1983
Mr. Neil Lang BA, CEng, MEng Chief Operating Officer NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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