Inovest announced its financial results for the three months ended June 30, 2026 (Q2), showing a consolidated net profit attributable to the parent shareholders of $271,000 in comparison to a net profit attributable to the parent shareholders of $200,000 for the same period of last year.
Accordingly, the basic earnings per share for Q2-2026 increased to 0.09 cents as compared to 0.07 cents for the same period in 2025.
This is attributable to the improvement in the group’s operational and investment efficiency and re-focusing activities on core sectors.
CEO Talal AlMulla
The net operating profit stood at $461,000 in Q2-2026 in comparison to a net operating profit of $45,000 for Q2-2025.
The consolidated operating income increased by 40pc to $2.099 million in comparison to $1.503m; whilst the group’s operating expenses increased by 12pc, standing at $1.638m in Q2-2026 in comparison to $1.458m for Q2-2025.
Inovest’s financial results for the first half of 2026 (H1) show a consolidated net profit attributable to parent shareholders of $602,000, as compared to a consolidated net loss attributable to parent shareholders of $1.064m for the same period last year. The basic and diluted earnings per share of the parent company in H1-2026 amounted to 0.20 cents as compared to a loss per share of 0.35 cents in 2025.
This improvement is attributable to the increase in income from real estate investments, and the re-focusing of activities on core sectors.
The consolidated net operating income increased, reaching an amount of $935,000 in comparison to a loss of $1.486m for the same period of 2025 due to the reasons above.
Furthermore, the consolidated operating income for H1-2026 increased by 90pc to $4.092m in comparison to $2.155m for the same period last year.
Regarding the group’s key balance sheet indicators, the net equity attributable to parent shareholders stood at $118.325m, in comparison to
$117.500m at the end of 2025.
Within the same period, Inovest reported a slight increase in consolidated total assets, which stood at $215.218m in comparison to $215.002m at the end of 2025.
On the liquidity front, Inovest’s cash and bank balances stood at 4pc of the total consolidated assets, in comparison to 5pc last year. To that end, the cash and bank balances stood at $9.120m, in comparison to $10.468m at the end of the year, representing a 13 per cent decrease as a result of normal working capital requirements.
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