INEO Announces Preliminary Q1 Fiscal 2027 Revenue of More Than $1.3 Million and Adjusted EBITDA Near Break-Even
ACCESSWIRE•19/10/2026•07:00 ET
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Key Highlights
- ➤Q1 fiscal 2027 revenue above $1.3 million, up more than 350% year over year
- ➤Q1 revenue rose more than 25% sequentially from fiscal 2026’s record fourth quarter
- ➤Q1 Adjusted EBITDA ranged from negative $50,000 to positive $50,000
- ➤Unshipped customer orders exceeded $300,000 at quarter-end
Expert Statements
Kyle Hall, Chief Executive Officer and Director of INEO Tech Corp.
“Q1 represents another meaningful step in the operating improvements we have been working toward. Revenue increased again from our record fourth quarter and our preliminary Adjusted EBITDA improved to approximately break-even as shipment volumes increased.”
Kyle Hall, Chief Executive Officer and Director of INEO Tech Corp.
“Our focus remains on execution, including converting customer orders into shipments, successfully deploying those systems, expanding the installed base which supports recurring platform revenue and accelerating new customer opportunities. While there is still significant work ahead, we are encouraged by the operating leverage emerging as the business scales.”
SURREY, BC / ACCESS Newswire / October 19, 2026 / INEO Tech Corp. (TSXV:INEO)(OTCQB:INEOF)(FSE:0OQ) (the "Company" or "INEO"), a provider of connected entrance infrastructure for modern retail, today announced preliminary unaudited financial results for its first quarter ended September 30, 2026.
Based on the Company's preliminary quarter-end results, INEO expects to report revenue of more than $1.3 million and Adjusted EBITDA within a range of negative $50,000 to positive $50,000 for the first quarter of fiscal 2027.
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