Stock Analysis

InnoCan Pharma Full Year 2022 Earnings: US$0.015 loss per share (vs US$0.045 loss in FY 2021)

CNSX:INNO
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InnoCan Pharma (CSE:INNO) Full Year 2022 Results

Key Financial Results

  • Revenue: US$2.56m (up by US$2.36m from FY 2021).
  • Net loss: US$3.76m (loss narrowed by 63% from FY 2021).
  • US$0.015 loss per share (improved from US$0.045 loss in FY 2021).
earnings-and-revenue-history
CNSX:INNO Earnings and Revenue History April 2nd 2023

All figures shown in the chart above are for the trailing 12 month (TTM) period

InnoCan Pharma shares are down 7.8% from a week ago.

Risk Analysis

You still need to take note of risks, for example - InnoCan Pharma has 3 warning signs (and 1 which can't be ignored) we think you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

About CNSX:INNO

InnoCan Pharma

A pharmaceutical technology company, focuses on the development of various drug delivery platforms combining cannabidiol (CBD) with other pharmaceutical ingredients in the United States, Canada, Europe, and internationally.

Flawless balance sheet very low.