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Innovotech Reports Full Year 2024 Earnings

Simply Wall St·04/17/2025 10:33:37
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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.
earnings-and-revenue-history
TSXV:IOT Earnings and Revenue History April 17th 2025

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.