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Arvana vs Innventure: revenue, profit, margins and growth compared

Arvana brought in $68K of revenue in fiscal 2024, Innventure $2.1M in fiscal 2025. Arvana kept -658.4% of its revenue as net profit, Innventure -14,266.4%.

Side by side, latest fiscal year

AVNIINV
Fiscal year endedFY2024 (December 31, 2024)FY2025 (December 31, 2025)
Revenue$68K$2.1M
Revenue growth-0.5%n/a
Net income-$447.5K-$293.3M
Net margin-658.4%-14,266.4%
Free cash flown/a-$82.1M
Free cash flow marginn/a-3,993.2%
Earnings per share (diluted)$0.00-$5.39
Cash$18.3K$60.4M
Debt$1.2M$8.3M
Price to earningsn/an/a
Market value$12.7K$60M
Dividend yieldn/an/a
Rank by revenue in sector#529 of 536 · Finance#499 of 536 · Finance

Over the years

Revenue
AVNI FY2023: $68.3KAVNI FY2024: $68KINV FY2024: $1.1MINV FY2025: $2.1MFY23FY24FY25
AVNI $68KINV $2.1M
Net income
AVNI FY2017: -$224.9KAVNI FY2018: $93.5KAVNI FY2019: $112.3KAVNI FY2020: -$477.6KAVNI FY2021: -$12.1MAVNI FY2022: -$151.4KAVNI FY2023: -$1.3MAVNI FY2024: -$447.5KINV FY2024: -$30.8MINV FY2025: -$293.3MFY17FY18FY19FY20FY21FY22FY23FY24FY25
AVNI -$447.5KINV -$293.3M
Net margin
AVNI FY2023: -1,928.3%AVNI FY2024: -658.4%INV FY2024: -2,761.4%INV FY2025: -14,266.4%FY23FY24FY25
AVNI -658.4%INV -14,266.4%
Free cash flow
INV FY2024: -$20.1MINV FY2025: -$82.1MFY24FY25
AVNIINV -$82.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about Arvana and Innventure

Which is bigger by revenue, Arvana or Innventure?

Innventure is bigger by revenue: $2.1M in fiscal 2025, against $68K for Arvana in fiscal 2024.

Which keeps more of its revenue as profit, Arvana or Innventure?

Arvana had a net margin of -658.4% in fiscal 2024; Innventure had -14,266.4% in fiscal 2025.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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