Innovotech Inc.

TSXV:IOT Stock Report

Market Cap: CA$8.9m

Innovotech Management

Management criteria checks 2/4

Innovotech's CEO is Craig Milne, appointed in Aug 2023, has a tenure of 1.42 years. total yearly compensation is CA$643.19K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 1.45% of the company’s shares, worth CA$129.35K. The average tenure of the management team and the board of directors is 2.3 years and 5.5 years respectively.

Key information

Craig Milne

Chief executive officer

CA$643.2k

Total compensation

CEO salary percentage100.0%
CEO tenure1.4yrs
CEO ownership1.4%
Management average tenure2.3yrs
Board average tenure5.5yrs

Recent management updates

Recent updates

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

Oct 12
Estimating The Intrinsic Value Of Innovotech Inc. (CVE:IOT)

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

Mar 02
Would Financials Be Able To Push Innovotech Inc.'s (CVE:IOT) Stock Prices Higher In The Near Future?

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

Jan 08
Should You Take Comfort From Insider Transactions At Innovotech Inc. (CVE:IOT)?

CEO Compensation Analysis

How has Craig Milne's remuneration changed compared to Innovotech's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$268k

Jun 30 2024n/an/a

-CA$364k

Mar 31 2024n/an/a

-CA$177k

Dec 31 2023CA$643kCA$643k

-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 ($USD446.62K) is above average for companies of similar size in the Canadian market ($USD166.88K).

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

CEO

Craig Milne

1.4yrs

Tenure

CA$643,188

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 serves as its President from 2023. Dr. Milne is...

Leadership Team

NamePositionTenureCompensationOwnership
James Timourian
Chairman & Secretary22.3yrsCA$12.00k3.91%
CA$ 350.2k
Craig Milne
President1.4yrsCA$643.19k1.45%
CA$ 129.4k
Bernard Grobbelaar
Chief Financial Officer1.1yrsCA$76.38k0.070%
CA$ 6.3k
Tyler Boone
Chief Operating Officer3.8yrsno data0.25%
CA$ 21.9k
Patricia Nadworny
Chief Scientific Officer and Quality & Safety Director3.1yrsno datano data
Merle Olson
Scientific Consultantno datano datano data

2.3yrs

Average Tenure

Experienced Management: IOT's management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
James Timourian
Chairman & Secretary22.3yrsCA$12.00k3.91%
CA$ 350.2k
Craig Milne
President5.5yrsCA$643.19k1.45%
CA$ 129.4k
Karen Farkas
Independent Director5.1yrsno data0.23%
CA$ 20.9k
Shong-Tak Tam
Independent Director6.4yrsCA$55.08k3.71%
CA$ 332.2k
Julienne Wright
Independent Director1.5yrsno datano data

5.5yrs

Average Tenure

Experienced Board: IOT's board of directors are considered experienced (5.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 12:36
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

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.

AnalystInstitution