Mr. Mike Marrandino reports

INVERITE ANNOUNCES FINANCIAL RESULTS FOR NINE AND THREE-MONTHS ENDING DECEMBER 31, 2025

Inverite Insights Inc. has released its nine-month financial results for the period ended Dec. 31, 2025, compared with Dec. 31, 2024.

Key financial highlights for the nine-month period ended Dec. 31, 2025, include:

• The company increased verification fee revenue by 14.3 per cent to $1,050,569 (Dec. 30, 2024 -- $919,379). Inverite continues to see its transaction volumes increase, which contributed to the increase in verification of fee revenues over the comparative period in 2024.
• The company saw operating expenses increase by 2.4 per cent, or $67,638, to $2,847,482 (Dec. 31, 2024 -- $2,779,844) as the company continues to manage efficiencies. The period included $653,323 in non-cash share-based payments (2024 -- $347,622), representing approximately 23 per cent of total operating expenses.
• The company recorded a net loss of $1,785,673 (Dec. 31, 2024 -- net loss of $1,982,132). Non-cash share-based payments are attributed to 36.6 per cent, or $653,323, of the loss. A decrease in net loss was primarily from a reduction in software and platform technology services and gain on write-off of account payable during the nine-month period ended Dec. 31, 2025.

Key financial highlights for the three-month period ended Dec. 31, 2025, include:

• For the three months ended Dec. 31, 2025, the company generated $339,463 (Dec. 31, 2024 -- $302,930) of verification fees generated from Inverite, representing an increase of 12.1 per cent over the comparable period.
• Operating expenses for the three months ended Dec. 31, 2025, increased by $478,665, or 52.3 per cent, to $1,412.346 (Dec. 31, 2024 -- $933,691). The increase was mainly due to $548,341 in non-cash share-based payments.
• The company recorded net loss of $1,092,883 for the three months ended Dec. 31, 2025 (Dec. 31, 2024 -- $671,655). The increase in net loss was primarily due to a $548,341 in non-cash share-based payments as compared with the same period in 2024.

"Our nine-month results reflect disciplined execution -- verification revenue increased 14.3 per cent year over year while operating expenses grew just 2.4 per cent," said Karim Nanji, chief executive officer of Inverite. "The improvement in spread between revenue growth and operating expenses reflects the scalability of our platform and demonstrates emerging operating leverage within the business. The operating discipline demonstrated in this period strengthens our ability to allocate capital toward strategic initiatives. The discipline reflected in our cost structure provides greater flexibility in capital allocation as we selectively invest in initiatives that enhance product capability, expand distribution and enhance the long-term scalability of the Inverite platform."

A comprehensive discussion of Inverite's financial position and results of operations is provided in the condensed consolidated interim financial statements and management discussion and analysis for the six-month period ended Dec. 31, 2025, are filed on SEDAR+.

About Inverite Insights Inc.

Inverite Insights is a Canadian risk infrastructure company providing real-time financial data and decisioning signals, specializing in real-time bank verification, income and affordability analytics, and AI-driven (artificial intelligence) risk modelling and fraud prevention solutions used by fintechs, lenders and financial institutions across Canada.

We seek Safe Harbor.