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WebsiteIntroduction
INNO HOLDINGS INC (NASDAQ: INHD), known in Korean as 이노 홀딩스, is a U.S.-based company specializing in cold-formed steel-framing technology and the manufacture of prefabricated homes. The company also operates a mobile phone recycling division that offers pricing for used devices and aims to support environmental protection by reintroducing materials into the supply chain. As of December 26, 2025, INHD shares were trading on the NASDAQ Capital Market at $1.7097, reflecting an increase of 30.51% on a volume of 1,094,754 shares.
Corporate Structure
INNO HOLDINGS INC completed its initial public offering on December 18, 2023, issuing 2,500,000 shares at $4.00 per share and raising $10 million in gross proceeds. The underwriters hold an option to purchase up to an additional 375,000 shares through January 31, 2024. For the fiscal year ending September 30, 2025, the company appointed JWF Assurance PAC as its independent registered public accounting firm, succeeding Simon & Edward LLP following the identification of a material weakness in internal control over financial reporting. The organization’s operations are supported by manufacturing engineers, production specialists, supply-chain professionals, and recycling experts across its U.S. facilities.
Factory Expansion by Andre Morales Kalamar
Recent Developments and News
- On the corporate website’s financials page, the company announced a Factory Expansion and Automation Initiative aimed at increasing production capacity in its cold-formed steel-framing segment and reinforcing its position in the prefabricated homes market.
- In its mobile recycling division, INNO HOLDINGS INC highlighted a process for evaluating and purchasing old phones, emphasizing economic returns for suppliers and waste reduction.
- The change in auditors to JWF Assurance PAC was disclosed in October 2025, following the identification of a material weakness in the company’s financial reporting processes.
Financial and Strategic Analysis
| Metric | Value |
|---|---|
| Share Price (12/26/2025) | $1.7097 (+30.51%) |
| Volume (12/26/2025) | 1,094,754 |
| Market Cap (intraday) | $6.94 million |
| Revenue (TTM) | $2.65 million |
| Net Income (TTM) | –$8.39 million |
| Diluted EPS (TTM) | –2.71 |
| Price/Sales (TTM) | 0.30 |
| Price/Book (MRQ) | 0.36 |
| Profit Margin | –228.95% |
| Total Cash (MRQ) | $4.39 million |
| Total Debt/Equity (MRQ) | 0.63% |
Despite facing a micro-cap valuation and negative earnings, the company’s focus on automation and sustainability—through its steel-framing and recycling operations—aims to enhance efficiency. The factory expansion is expected to increase throughput, while the recycling business contributes additional revenue and supports environmental objectives.
Market Position and Industry Context
INNO HOLDINGS INC operates in the basic materials sector, specifically within cold-formed steel-framing and prefabricated housing. This segment competes on the basis of production efficiency, material quality, and delivery speed to residential, commercial, and infrastructure projects. The mobile phone recycling division aligns with regulatory and consumer demands for circular-economy solutions in electronics. As a NASDAQ-listed micro-cap, INHD’s stock performance may fluctuate based on trading volume and market sentiment toward small-cap industrial names.
tl;dr
On December 26, 2025, INNO HOLDINGS INC shares increased by 30.51% to $1.7097 on significant volume. Earlier in October, the company appointed JWF Assurance PAC as its new auditor and announced a factory expansion and automation plan to increase output in its cold-formed steel-framing business. The recycling division continues to provide pricing for old phones while supporting sustainability targets. While trailing twelve-month results show an $8.39 million net loss on $2.65 million in revenue, management anticipates the automation initiative will enhance margins and support future production growth.
