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Innovotech Inc

Healthcare CA IOT

0.19CAD
0.05(35.71%)

Last update at 2024-11-20T15:34:00Z

Day Range

0.160.19
LowHigh

52 Week Range

0.060.15
LowHigh

Fundamentals

  • Previous Close 0.14
  • Market Cap5.85M
  • Volume88500
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-0.57064M
  • Revenue TTM1.23M
  • Revenue Per Share TTM0.03
  • Gross Profit TTM 1.12M
  • Diluted EPS TTM-0.01

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -0.13651M 0.37M 0.11M -0.04876M -0.12763M
Minority interest - - - - -
Net income -0.13651M 0.37M 0.11M -0.04876M -0.12763M
Selling general administrative 0.83M 0.82M 0.76M 0.72M 0.70M
Selling and marketing expenses - - - - -
Gross profit 0.78M 1.12M 0.87M 0.70M 0.61M
Reconciled depreciation 0.11M 0.07M 0.02M 0.01M 0.02M
Ebit - 0.27M 0.06M -0.04276M -0.12699M
Ebitda -0.01733M 0.44M 0.13M -0.02948M -0.11162M
Depreciation and amortization - - - - -
Non operating income net other - - - - -
Operating income -0.14045M 0.27M 0.10M -0.01989M -0.12699M
Other operating expenses - - 0.00341M 0.03M 0.03M
Interest expense 0.00502M 0.00438M 0.00300M 0.00600M 0.00065M
Tax provision - - - - -
Interest income 0.00895M 0.02M - 0.00000M 0.00000M
Net interest income 0.00394M 0.01M -0.00300M -0.00600M -0.00065M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense - - - - -
Total revenue 1.13M 1.48M 1.19M 0.99M 0.83M
Total operating expenses 1.27M 1.21M 1.09M 1.01M 0.95M
Cost of revenue 0.35M 0.36M 0.33M 0.29M 0.22M
Total other income expense net - 0.09M 0.01000M -0.02287M -0.00065M
Discontinued operations - - - - -
Net income from continuing ops -0.13651M 0.37M 0.11M -0.04876M -0.12763M
Net income applicable to common shares - 0.37M 0.11M -0.04876M -0.12763M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 1.22M 1.22M 1.43M 0.82M 0.27M
Intangible assets 0.16M - - - -
Earning assets - - - - -
Other current assets - - - - -
Total liab 0.22M 0.17M 0.26M 0.18M 0.18M
Total stockholder equity 0.93M 1.06M 1.18M 0.64M 0.10M
Deferred long term liab - - - - -
Other current liab - - 0.03M 0.05M 0.00282M
Common stock - - 7.70M 7.58M 7.34M
Capital stock 7.70M 7.70M 7.70M 7.58M 7.34M
Retained earnings -8.54959M -8.39201M -8.25550M -8.62263M -8.72894M
Other liab - - - - -
Good will - - - - -
Other assets - - - - -
Cash 0.16M 0.47M 0.42M 0.53M 0.10M
Cash and equivalents - - - - -
Total current liabilities 0.18M 0.17M 0.22M 0.16M 0.08M
Current deferred revenue - - - - -
Net debt - - - - 0.00333M
Short term debt - - - - -
Short long term debt - - - - -
Short long term debt total - - - - -
Other stockholder equity - - 0.16M 0.16M -
Property plant equipment - - 0.23M 0.07M 0.05M
Total current assets 0.57M 0.83M 0.99M 0.75M 0.22M
Long term investments 0.33M 0.21M - - -
Net tangible assets - - 1.18M 0.64M 0.10M
Short term investments 0.07M 0.08M 0.07M 0.02M -
Net receivables 0.20M 0.18M 0.38M 0.14M 0.10M
Long term debt - - - 0.02M 0.10M
Inventory 0.07M 0.04M 0.06M 0.04M 0.02M
Accounts payable - - 0.10M 0.08M 0.07M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - - - - 0.05M
Deferred long term asset charges - - - - -
Non current assets total 0.65M 0.40M 0.44M 0.07M 0.05M
Capital lease obligations 0.00000M 0.04M 0.12M - -
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -0.07152M -0.06014M -0.03769M -0.00244M -0.00932M
Change to liabilities - -0.02366M 0.08M -0.00206M -0.16190M
Total cashflows from investing activities - -0.06014M -0.03769M -0.00244M -0.00932M
Net borrowings - -0.07263M -0.07000M -0.07000M -0.00500M
Total cash from financing activities -0.09022M -0.07263M 0.31M -0.00600M -0.00565M
Change to operating activities - -0.08833M -0.03472M 0.00121M 0.05M
Net income -0.13651M 0.37M 0.11M -0.04876M -0.12763M
Change in cash 0.05M -0.10773M 0.43M 0.07M -0.29571M
Begin period cash flow 0.42M 0.53M 0.10M 0.03M 0.32M
End period cash flow 0.47M 0.42M 0.53M 0.10M 0.03M
Total cash from operating activities 0.21M 0.03M 0.18M 0.08M -0.28075M
Issuance of capital stock - 0.00000M 0.38M - 0.00000M
Depreciation 0.11M 0.07M 0.02M 0.01M 0.02M
Other cashflows from investing activities - - - - -
Dividends paid - 0.00000M 0.00000M 0.00000M 0.00000M
Change to inventory 0.02M -0.02090M -0.01735M 0.00662M 0.01M
Change to account receivables 0.17M -0.23671M -0.04236M 0.05M -0.05999M
Sale purchase of stock - - - - -
Other cashflows from financing activities - - -0.01188M -0.00600M -0.00065M
Change to netincome - -0.04339M 0.06M 0.06M -0.00806M
Capital expenditures 0.07M 0.06M 0.04M 0.00244M 0.00932M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 0.21M -0.36959M -0.01376M 0.05M -0.16042M
Stock based compensation 0.02M 0.05M 0.06M 0.05M -
Other non cash items 0.00502M -0.08946M 0.01M 0.00600M -0.04895M
Free cash flow 0.14M -0.03510M 0.14M 0.07M -0.29006M

Peer Comparison

Sector: Healthcare Industry: Biotechnology

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
IOT
Innovotech Inc
0.05 35.71% 0.19 - - 4.76 8.02 4.75 17.95
NGEN
NervGen Pharma Corp
-0.06 2.63% 2.22 - - - 14.75 -4.5367
ARCH
Arch Biopartners Inc
-0.13 6.50% 1.87 - - 93.45 - 53.05 -97.5918
COV
Covalon Technologies Ltd.
-0.1 2.50% 3.90 - - 3.38 4.55 3.09 2136.68
MIR
MedMira Inc
- -% 0.08 - - 164.76 - 180.27 -80.0318

Reports Covered

Stock Research & News

Profile

Innovotech Inc. provides assay kits used in growing microbial biofilms for research purposes in Canada, the United States, and internationally. The company offers InnovoSIL, a silver periodate antimicrobial compounds for medical applications; MBEC Assay kit, a petri dish for biofilms, which are used for research and medical device testing of microbial biofilms; and AgreGuard, an antimicrobial for crop protection. It also provides antimicrobial contract research and antimicrobial testing; antimicrobial and anti-biofilm agents; antimicrobial and anti-biofilm materials; BEST assay testing; implanted medical devices; bacteriophage testing; and analytical services. The company serves customers in the areas of biofilm issues, including catheter and implant medical devices, antibiotic drug development, wound healing, paint and specialized coatings, water system antimicrobial agents, dental treatments and water line antimicrobial agents, and bacterial and fungal agricultural crop diseases, as well as disinfectants in food. Innovotech Inc. is headquartered in Edmonton, Canada.

Innovotech Inc

2011-94 Street, Edmonton, AB, Canada, T6N 1H1

Key Executives

Name Title Year Born
Dr. James Timourian Ph.D. Chairman, CEO, Pres & Sec. NA
Mr. Alan C. Savage CFO & Director 1943
Dr. Tyler Boone Chief Operating Officer NA
Dr. Patricia Nadworny Chief Scientific Officer and Quality & Safety Director NA
Dr. Merle Olson Scientific Consultant NA
Dr. James Timourian Ph.D. Chairman & Secretary NA
Dr. Craig Milne B.Sc., M.B.A., Ph.D. President, CEO & Director NA
Mr. Bernard Grobbelaar C.A., CPA, CA, CPA Chief Financial Officer NA
Dr. Tyler Boone Ph.D. Chief Operating Officer NA
Dr. Patricia Nadworny P.Eng., Ph.D. Chief Scientific Officer and Quality & Safety Director NA

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