Innovotech Reports Full Year 2024 Earnings

Innovotech (CVE:IOT) Full Year 2024 Results

Key Financial Results

• Revenue: CA$2.19m (up 86% from FY 2023).
• Net income: CA$224.7k (up from CA$157.6k loss in FY 2023).
• Profit margin: 10% (up from net loss in FY 2023). The move to profitability was driven by higher revenue.

Our free stock report includes 4 warning signs investors should be aware of before investing in Innovotech. Read for free now.

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

Innovotech shares are up 11% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Innovotech has 4 warning signs (and 2 which don't sit too well with us) we think you should know about.

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