Innovotech Inc.

TSXV:IOT Stock Report

Market Cap: CA$5.7m

Innovotech Management

Management criteria checks 2/4

Innovotech's CEO is Craig Milne, appointed in Aug 2023, has a tenure of 2.83 years. total yearly compensation is CA$183.61K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 3.35% of the company’s shares, worth CA$191.72K. The average tenure of the management team and the board of directors is 0.3 years and 6.5 years respectively.

Key information

Craig Milne

Chief executive officer

CA$183.6k

Total compensation

CEO salary percentage100.00%
CEO tenure2.8yrs
CEO ownership3.4%
Management average tenureless than a year
Board average tenure6.5yrs

Recent management updates

Recent updates

Analysis Article • Oct 12

Estimating The Intrinsic Value Of Innovotech Inc. (CVE:IOT)

Does the October share price for Innovotech Inc. ( CVE:IOT ) reflect what it's really worth? Today, we will estimate...
Analysis Article • Mar 02

Would Financials Be Able To Push Innovotech Inc.'s (CVE:IOT) Stock Prices Higher In The Near Future?

Looking at Innovotech's (CVE:IOT) mostly flat share price movement over the past week, it is easy to think that there’s...
Analysis Article • Jan 08

Should You Take Comfort From Insider Transactions At Innovotech Inc. (CVE:IOT)?

We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is that...

CEO Compensation Analysis

How has Craig Milne's remuneration changed compared to Innovotech's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-CA$370k

Dec 31 2025CA$184kCA$184k

CA$94k

Sep 30 2025n/an/a

CA$383k

Jun 30 2025n/an/a

CA$267k

Mar 31 2025n/an/a

CA$392k

Dec 31 2024CA$160kCA$160k

CA$225k

Sep 30 2024n/an/a

-CA$268k

Jun 30 2024n/an/a

-CA$364k

Mar 31 2024n/an/a

-CA$177k

Dec 31 2023CA$63kCA$63k

-CA$158k

Sep 30 2023n/an/a

-CA$211k

Jun 30 2023n/an/a

-CA$52k

Mar 31 2023n/an/a

-CA$187k

Dec 31 2022n/an/a

-CA$137k

Sep 30 2022n/an/a

CA$150k

Jun 30 2022n/an/a

CA$86k

Mar 31 2022n/an/a

CA$313k

Dec 31 2021CA$6kn/a

CA$367k

Compensation vs Market: Craig's total compensation ($USD129.53K) is about average for companies of similar size in the Canadian market ($USD152.15K).

Compensation vs Earnings: Craig's compensation has increased whilst the company is unprofitable.

CEO

Craig Milne

2.8yrs
Tenure
CA$183,605
Compensation

Dr. Craig Milne BSc, PhD, MBA, serves as Director of Innovotech Inc. since July 19, 2019 and serves as its Chief Executive Officer since August 01, 2023 and served as its President from 2023 to July 2025....

Leadership Team

NamePositionTenureCompensationOwnership
James Timourian
Independent Chairman & Secretary23.7yrsno data3.02%
CA$ 172.8k
Craig Milne
CEO & Director2.8yrsCA$183.61k3.35%
CA$ 191.7k
Craig Kalvin
Chief Financial Officerno datano datano data
Jodi McDonald
Chief Operating Officerless than a yearno data1.53%
CA$ 87.5k
Roderick Szarka
Chief Commercial Officerless than a yearno datano data
Merle Olson
Scientific Consultantno datano datano data
0.3yrs
Average Tenure

Experienced Management: IOT's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
James Timourian
Independent Chairman & Secretary23.7yrsno data3.02%
CA$ 172.8k
Craig Milne
CEO & Director6.9yrsCA$183.61k3.35%
CA$ 191.7k
Karen Farkas
Independent Director6.5yrsno data0.28%
CA$ 15.9k
Shong-Tak Tam
Independent Director7.8yrsCA$132.66k6.74%
CA$ 385.4k
Arden Tse
Independent Vice Chair of the Boardless than a yearno data0.23%
CA$ 13.1k
Julienne Wright
Independent Director2.9yrsno datano data
Brad Clark
Independent Director1.4yrsno data0.78%
CA$ 44.6k
6.5yrs
Average Tenure

Experienced Board: IOT's board of directors are considered experienced (6.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/21 12:46
End of Day Share Price 2026/06/18 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Innovotech Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.