Averox Inc

Technology US AVRI

0.018USD
-(-%)

Last update at 2025-06-11T13:30:00Z

Day Range

0.020.02
LowHigh

52 Week Range

0.0020.02
LowHigh

Fundamentals

  • Previous Close 0.02
  • Market Cap4.50M
  • Volume0
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA0.05M
  • Revenue TTM0.88M
  • Revenue Per Share TTM0.009
  • Gross Profit TTM 0.34M
  • Diluted EPS TTM-

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-06-30 2023-12-31 2023-06-30 2022-12-31 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2024-06-30 2023-12-31 2023-06-30 2022-12-31 2022-06-30
Income before tax -0.04513M -0.04513M -0.00645M -0.00645M -0.02806M
Minority interest - - - - -
Net income -0.04513M -0.04513M -0.00645M -0.00645M -0.02806M
Selling general administrative - - - - -
Selling and marketing expenses - - - - -
Gross profit 0.00441M 0.00441M - - -
Reconciled depreciation - - - - -
Ebit - -0.21243M - -0.23494M -
Ebitda -0.04453M -0.04453M -0.00646M -0.00646M -0.02806M
Depreciation and amortization - 0.17M - 0.23M -
Non operating income net other - - - - -
Operating income -0.04453M -0.04453M -0.00646M -0.00646M -0.02806M
Other operating expenses 0.05M 0.05M 0.00645M 0.00645M 0.03M
Interest expense 0.00060M 0.00060M - - -
Tax provision - - - - -
Interest income - - - - -
Net interest income - - - - -
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense - -0.16789M - -0.22848M -
Total revenue 0.00441M 0.00441M - - -
Total operating expenses 0.05M 0.05M 0.00645M 0.00645M 0.03M
Cost of revenue - - - - -
Total other income expense net -0.00060M -0.00060M 0.00001M 0.00001M 0.00000M
Discontinued operations - - - - -
Net income from continuing ops - - - - -
Net income applicable to common shares - - - - -
Preferred stock and other adjustments - - - - -
Breakdown 2024-06-30 2023-12-31 2023-06-30 2022-12-31 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2024-06-30 2023-12-31 2023-06-30 2022-12-31 2022-06-30
Total assets 0.00293M 0.00293M 0.00130M 0.00130M -
Intangible assets - - - - -
Earning assets - - - - -
Other current assets - - - - -
Total liab 0.17M 0.17M 0.11M 0.11M 0.10M
Total stockholder equity -0.16369M -0.16369M -0.10509M -0.10509M -0.09864M
Deferred long term liab - - - - -
Other current liab - - 0.11M 0.11M 0.09M
Common stock 1.00M 1.00M 1.00M 1.00M 1.00M
Capital stock - - - - -
Retained earnings -3.04387M -3.04387M -2.99874M -2.99874M -0.61072M
Other liab - - - - -
Good will - - - - -
Other assets - - - - -
Cash 0.00042M 0.00042M 0.00130M 0.00130M -
Cash and equivalents - - - - -
Total current liabilities 0.15M 0.15M 0.11M 0.11M 0.10M
Current deferred revenue - - - - -
Net debt 0.16M 0.16M -0.00130M -0.00130M 0.00698M
Short term debt 0.15M 0.15M - - 0.00698M
Short long term debt - - - - -
Short long term debt total 0.16M 0.16M - - 0.00698M
Other stockholder equity 1.88M 1.88M 1.89M 1.89M 1.89M
Property plant equipment - - - - -
Total current assets 0.00293M 0.00293M 0.00130M 0.00130M -
Long term investments - - - - -
Net tangible assets - - - - -
Short term investments - - - - -
Net receivables 0.00250M 0.00250M - - -
Long term debt - - - - -
Inventory - - - - -
Accounts payable 0.00479M 0.00479M - - -
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -2.38157M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - - - - -
Deferred long term asset charges - - - - -
Non current assets total - - - - -
Capital lease obligations - - - - -
Long term debt total - - - - -
Breakdown 2024-06-30 2023-12-31 2023-06-30 2022-12-31 2022-06-30
Type yearly yearly yearly yearly yearly
Date 2024-06-30 2023-12-31 2023-06-30 2022-12-31 2022-06-30
Investments - - - - -
Change to liabilities - - - - -
Total cashflows from investing activities - - - - -
Net borrowings - - - - -
Total cash from financing activities 0.04M 0.04M 0.00775M 0.00775M 0.00698M
Change to operating activities - - - - -
Net income -0.04513M -0.04513M -0.00645M -0.00645M -0.02806M
Change in cash -0.00087M -0.00087M 0.00130M 0.00130M -
Begin period cash flow 0.00130M 0.00130M 0.00130M 0.00156M 0.00156M
End period cash flow 0.00042M 0.00042M 0.00130M 0.00130M 0.00156M
Total cash from operating activities -0.04284M -0.04284M -0.00645M -0.00645M -0.00698M
Issuance of capital stock - - - - -
Depreciation - - - - -
Other cashflows from investing activities - - - - -
Dividends paid - - - - -
Change to inventory - - - - -
Change to account receivables -0.00250M -0.00250M - - -
Sale purchase of stock - - - - -
Other cashflows from financing activities 0.00254M 0.04M 0.01M 0.00775M 0.01M
Change to netincome - - - - -
Capital expenditures 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 0.00229M 0.00229M - - -
Stock based compensation - - - - -
Other non cash items -0.00169M -0.00169M - - 0.02M
Free cash flow -0.04284M -0.04284M -0.00645M -0.00645M -0.00698M

Peer Comparison

Sector: Technology Industry: Software - Application

Company Change (USD) Price (USD) 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)
AVRI
Averox Inc
- -% 0.02 - - 5.14 1.43 0.47 2.25
CRM
Salesforce.com Inc
1.12 0.42% 267.03 100.89 27.47 7.42 4.34 7.44 26.81
SAPGF
SAP SE
3.10 1.04% 302.00 76.28 22.88 5.61 3.84 5.59 26.18
SAP
SAP SE ADR
3.20 1.07% 302.41 75.80 22.37 5.62 3.75 5.51 25.79
INTU
Intuit Inc
2.45 0.32% 767.20 55.56 32.68 11.28 10.07 11.62 40.11

Reports Covered

Stock Research & News

Profile

Innovation Nation Inc. provides information technology and telecom engineering, technology, and consulting services for small, medium, and large enterprises worldwide. The company offers project management, program management, system integration, offshore development, network management and maintenance, site acquisition, telecom implementation, drive test RF planning, Web design services, Web development services, search engine optimization, open source integration and customization, and virtual employee services; and civil, mechanical, and electrical works. Its solutions include dynamic sim allocation, sponsored call, mobile network optimization and performance management, intelligent pricing/dynamic tariffing, fraud management, interconnect and retail billing, mediation, microwave, mobile switching center, digital multiplexers, operations maintenance center, digital cross connect, triple play billing, and broadband billing solutions. The company was formerly known as Averox, Inc. and changed its name to Innovation Nation Inc. in January 2022. Innovation Nation Inc. is based in Novi, Michigan.

Averox Inc

39555 Orchard Hill Place, Novi, MI, United States, 48375

Key Executives

Name Title Year Born
Mr. Salmon Mahmood Chairman, CEO & Pres 1971
Mr. Graham Hill Sr. VP of Sales & Marketing and Director 1946
Mr. Salmon Mahmood Chairman, CEO & President 1971
Mr. Graham Hill Senior VP of Sales & Marketing and Director 1946

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