
Last update at 2026-06-23T20:00:00Z
Source: TradingView
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| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 0.09M | 0.21M | -0.15758M | -0.13651M | 0.37M |
| Minority interest | 0.00680M | 0.00998M | 0.00000M | - | - |
| Net income | 0.09M | 0.22M | -0.15758M | -0.13651M | 0.37M |
| Selling general administrative | 2.27M | 1.01M | 0.69M | 0.83M | 0.82M |
| Selling and marketing expenses | - | - | - | - | - |
| Gross profit | 2.40M | 1.11M | 0.48M | 0.78M | 1.12M |
| Reconciled depreciation | 0.14M | 0.06M | 0.08M | 0.11M | 0.07M |
| Ebit | - | - | - | - | 0.27M |
| Ebitda | - | - | - | -0.01733M | 0.44M |
| Depreciation and amortization | - | - | - | - | - |
| Non operating income net other | - | - | - | - | - |
| Operating income | 0.02M | 0.05M | -0.37967M | -0.14045M | 0.27M |
| Other operating expenses | - | - | - | - | - |
| Interest expense | 0.03M | 0.00996M | 0.00056M | 0.00502M | 0.00438M |
| Tax provision | 0.00106M | - | - | - | - |
| Interest income | 0.00886M | 0.00299M | 0.01M | 0.00895M | 0.02M |
| Net interest income | -0.02413M | -0.00697M | 0.01M | 0.00394M | 0.01M |
| Extraordinary items | - | - | - | - | - |
| Non recurring | - | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | - | - | - | - | - |
| Total revenue | 4.53M | 2.19M | 1.18M | 1.13M | 1.48M |
| Total operating expenses | 4.51M | 2.15M | 1.56M | 1.27M | 1.21M |
| Cost of revenue | 2.14M | 1.08M | 0.70M | 0.35M | 0.36M |
| Total other income expense net | 0.09M | 0.17M | 0.21M | - | 0.09M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | 0.09M | 0.21M | -0.15758M | -0.13651M | 0.37M |
| Net income applicable to common shares | - | - | - | - | 0.37M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 4.43M | 3.22M | 1.22M | 1.22M | 1.43M |
| Intangible assets | 0.47M | 0.54M | 0.16M | - | - |
| Earning assets | - | - | - | - | - |
| Other current assets | - | - | - | - | - |
| Total liab | 0.78M | 0.60M | 0.22M | 0.17M | 0.26M |
| Total stockholder equity | 3.60M | 2.57M | 0.93M | 1.06M | 1.18M |
| Deferred long term liab | - | - | - | - | - |
| Other current liab | 0.07M | 0.07M | - | - | 0.03M |
| Common stock | - | - | - | - | 7.70M |
| Capital stock | 9.93M | 8.84M | 7.70M | 7.70M | 7.70M |
| Retained earnings | -8.23048M | -8.32486M | -8.54959M | -8.39201M | -8.25550M |
| Other liab | - | - | - | - | - |
| Good will | - | - | - | - | - |
| Other assets | - | - | - | - | - |
| Cash | 1.62M | 0.73M | 0.16M | 0.47M | 0.42M |
| Cash and equivalents | - | - | - | - | - |
| Total current liabilities | 0.52M | 0.42M | 0.18M | 0.17M | 0.22M |
| Current deferred revenue | - | - | - | - | - |
| Net debt | - | - | - | - | - |
| Short term debt | - | - | - | - | - |
| Short long term debt | - | - | - | - | - |
| Short long term debt total | - | - | - | - | - |
| Other stockholder equity | - | - | - | - | 0.16M |
| Property plant equipment | - | - | - | - | 0.23M |
| Total current assets | 3.02M | 1.68M | 0.57M | 0.83M | 0.99M |
| Long term investments | - | 0.50M | 0.33M | 0.21M | - |
| Net tangible assets | - | - | - | - | 1.18M |
| Short term investments | - | 0.00000M | 0.07M | 0.08M | 0.07M |
| Net receivables | 0.51M | 0.54M | 0.20M | 0.18M | 0.38M |
| Long term debt | 0.16M | - | - | - | - |
| Inventory | 0.19M | 0.13M | 0.07M | 0.04M | 0.06M |
| Accounts payable | 0.38M | - | - | - | 0.10M |
| 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 | - | - | - | - | - |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 1.41M | 1.54M | 0.65M | 0.40M | 0.44M |
| Capital lease obligations | - | - | 0.00000M | 0.04M | 0.12M |
| Long term debt total | - | - | - | - | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | 0.55M | -0.49351M | -0.04287M | -0.07152M | -0.06014M |
| Change to liabilities | - | - | - | - | -0.02366M |
| Total cashflows from investing activities | - | - | - | - | -0.06014M |
| Net borrowings | 0.20M | 0.00000M | -0.03759M | - | -0.07263M |
| Total cash from financing activities | 0.88M | 1.14M | -0.03759M | -0.09022M | -0.07263M |
| Change to operating activities | - | - | - | - | -0.08833M |
| Net income | 0.09M | 0.22M | -0.15758M | -0.13651M | 0.37M |
| Change in cash | 0.89M | 0.56M | -0.30855M | 0.05M | -0.10773M |
| Begin period cash flow | 0.73M | 0.16M | 0.47M | 0.42M | 0.53M |
| End period cash flow | 1.62M | 0.73M | 0.16M | 0.47M | 0.42M |
| Total cash from operating activities | -0.06235M | -0.08164M | -0.22808M | 0.21M | 0.03M |
| Issuance of capital stock | 0.00000M | 1.13M | 0.00000M | - | 0.00000M |
| Depreciation | 0.14M | 0.06M | 0.08M | 0.11M | 0.07M |
| Other cashflows from investing activities | - | - | - | - | - |
| Dividends paid | 0.00000M | 0.00000M | 0.00000M | - | 0.00000M |
| Change to inventory | -0.05709M | -0.05835M | -0.02786M | 0.02M | -0.02090M |
| Change to account receivables | 0.04M | -0.43017M | -0.01940M | 0.17M | -0.23671M |
| Sale purchase of stock | - | - | - | - | - |
| Other cashflows from financing activities | - | - | - | - | - |
| Change to netincome | - | - | - | - | -0.04339M |
| Capital expenditures | 0.47M | 0.20M | 0.04M | 0.07M | 0.06M |
| Change receivables | - | - | - | - | - |
| Cash flows other operating | - | - | - | - | - |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | - | - | - | - | - |
| Change in working capital | -0.22574M | -0.20854M | -0.04861M | 0.21M | -0.36959M |
| Stock based compensation | 0.12M | 0.05M | 0.03M | 0.02M | 0.05M |
| Other non cash items | -0.09814M | -0.03029M | 0.08M | 0.00502M | -0.08946M |
| Free cash flow | -0.53387M | -0.28393M | -0.27096M | 0.14M | -0.03510M |
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 |
- -% | 0.10 | - | - | 2.28 | 2.88 | 1.96 | 33.59 |
| SHRX Sharp Therapeutics Corp. |
- -% | 1.00 | - | - | - | 32.37 | ||
| NRX NurExone Biologic Inc. |
- -% | 0.55 | - | 6.90 | - | 15.26 | -7.2365 | |
| MIR MedMira Inc |
-0.005 7.14% | 0.07 | - | - | 223.37 | - | 293.42 | -80.0318 |
| TTI Thiogenesis Therapeutics Corp. |
- -% | 0.56 | - | - | - | 15.17 | -58.1577 |
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; and MBEC Assay kit, a screening assay used to determine the efficacy of antimicrobials against biofilms of a variety of microorganisms; pre-coated MBEC Assay lids; and order biofilm assays. 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 testing; 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.
2011-94 Street, Edmonton, AB, Canada, T6N 1H1
| 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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