INNO Holdings Inc. reported financial results for the fiscal year ended September 30, 2024. Total revenue increased 10.7% year-over-year to $885,495, driven by new consulting and licensing income streams. However, net loss widened to $3,251,127 from $4,023,204 in the prior year, with loss per share improving to $1.59 from $2.15.The company's balance sheet strengthened, with cash and cash equivalents rising to $1,526,661 from $4,898 a year ago. Total assets grew to $4,169,337 from $2,545,762, while total liabilities decreased to $1,371,801 from $4,489,348. INNO Holdings completed its IPO during the fiscal year, issuing 250,000 shares and raising approximately $7.86 million in proceeds.Looking ahead, INNO Holdings is focusing on expanding its construction products and services offerings. The company formed new subsidiaries, including Inno Disrupts Inc. for building remodeling and Inno AI Tech Corp. for AI research and consulting, signaling strategic moves into emerging technologies and market segments.

INNO Holdings Inc. reported financial results for the fiscal year ended September 30, 2024. Total revenue increased 10.7% year-over-year to $885,495, driven by new consulting and licensing income streams. However, net loss widened to $3,251,127 from $4,023,204 in the prior year, with loss per share improving to $1.59 from $2.15.The company's balance sheet strengthened, with cash and cash equivalents rising to $1,526,661 from $4,898 a year ago. Total assets grew to $4,169,337 from $2,545,762, while total liabilities decreased to $1,371,801 from $4,489,348. INNO Holdings completed its IPO during the fiscal year, issuing 250,000 shares and raising approximately $7.86 million in proceeds.Looking ahead, INNO Holdings is focusing on expanding its construction products and services offerings. The company formed new subsidiaries, including Inno Disrupts Inc. for building remodeling and Inno AI Tech Corp. for AI research and consulting, signaling strategic moves into emerging technologies and market segments.