**Invinity Energy Systems Plc. Q2 2024 Earnings Call Recap**
On October 1, 2024, Invinity Energy Systems Plc. (OTCQX:IESVF) held its Q2 2024 earnings conference call, led by CEO Jonathan Marren and Chief Commercial Officer Matt Harper. The executives addressed key concerns raised in the company’s early September trading statement, which had sparked investor interest.
Marren began by acknowledging the disappointing results, emphasizing the importance of transparency. He highlighted two primary issues that contributed to the trading statement: the conversion of sales pipeline into revenue and the impact of supply chain disruptions on production.
To tackle these challenges, Invinity Energy Systems has refocused its corporate priorities. The company is working to strengthen its sales pipeline, improve conversion rates, and enhance production efficiency. Marren assured investors that the company is committed to addressing these issues and is already seeing positive developments.
The call also touched on the CEO’s dual role as Chief Financial Analyst (CFA), with Marren explaining how the company plans to manage this responsibility. Invinity Energy Systems has prepared additional resources, including slides and video footage, for new investors looking to learn more about the company’s story.
Throughout the call, Marren and Harper emphasized their commitment to open communication, encouraging investors to ask questions and providing ample time for discussion. As the company moves forward, it remains focused on overcoming its current challenges and driving long-term growth.
Leave a Reply