19:35:32 EDT Tue 14 Jul 2026
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Ineo Tech Corp (2)
Symbol INEO
Shares Issued 52,047,973
Close 2026-07-08 C$ 0.13
Market Cap C$ 6,766,236
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Ineo Tech estimates fiscal Q4 revenue at $1-million

2026-07-14 14:46 ET - News Release

Mr. Kyle Hall reports

INEO PROVIDES PRELIMINARY Q4 REVENUE AND ORDER BACKLOG UPDATE

Ineo Tech Corp. has provided a preliminary update on its fourth quarter ended June 30, 2026.

Ineo has completed its fiscal fourth quarter and, based on a review of the company's preliminary unaudited revenue, expects to report revenue of over $1-million for the quarter. This would represent the strongest revenue quarter in the company's history. The company also ended the quarter with more than $750,000 in unshipped customer orders, reflecting continued demand for Ineo systems as the company works to scale production, shipments and deployment activity.

During the quarter, Ineo converted a meaningful portion of its previously disclosed order backlog into shipments while continuing to maintain a significant level of confirmed unshipped customer orders at quarter-end. Given the timing of Ineo's fiscal year-end audit cycle and the significance of the quarterly revenue milestone, the company is providing this preliminary update ahead of the release of its audited annual financial results, which are expected to be released in October, 2026. Ineo may provide additional operational updates from time to time as milestones warrant.

"This was an important execution quarter for Ineo," said Kyle Hall, chief executive officer of Ineo. "Our team has been focused on converting firm orders into shipped product, expanding production output and supporting deployments with key retail partners. Surpassing $1-million in quarterly revenue would be an important milestone for the company and reflects the progress we are making as we build the installed base for our connected entrance infrastructure platform."

Ineo's platform combines electronic article surveillance, digital media displays, remote monitoring, analytics and cloud-based reporting into one managed system at the front of the store. The company's solutions are designed to help retailers improve loss prevention visibility, create new in-store media opportunities and gain operational insight from high-traffic entrance locations.

"There is still significant work ahead, but we believe the operating foundation being built positions Ineo to continue executing on its plan," added Mr. Hall. "Our focus remains on shipping systems, supporting deployments, growing the installed base and expanding recurring platform revenue opportunities."

The revenue and backlog figures in this release are preliminary and unaudited. Final results remain subject to completion of the company's annual audit and normal year-end review procedures. Actual results may differ from the preliminary figures disclosed.

About Ineo Tech Corp.

Ineo Tech builds technology at the intersection of in-store retail media and loss prevention. Ineo's patented integration of electronic article surveillance (EAS) pedestals with digital displays helps retailers reduce theft while generating incremental retail media revenue from the same footprint. Ineo is headquartered in Surrey, B.C., Canada, and is publicly traded on the TSX Venture Exchange (symbol: INEO), the OTCQB exchange (symbol: INEOF) and the Frankfurt Stock Exchange (symbol: 0OQ, WKN: A3E40Q, ISIN: CA45674G2068).

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