Innovotech Inc
XTSX:IOT

Watchlist Manager
Innovotech Inc Logo
Innovotech Inc
XTSX:IOT
Watchlist
Price: 0.27 CAD Market Closed
Market Cap: CA$14.2m

Gross Margin

47.1%
Current
Declining
by 14.8%
vs 3-y average of 61.9%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
47.1%
=
Gross Profit
CA$2.1m
/
Revenue
CA$4.5m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
47.1%
=
Gross Profit
CA$2.1m
/
Revenue
CA$4.5m

Peer Comparison

Country Company Market Cap Gross
Margin
CA
Innovotech Inc
XTSX:IOT
14m CAD
Loading...
US
PerkinElmer Inc
LSE:0KHE
1.1T USD
Loading...
US
Thermo Fisher Scientific Inc
NYSE:TMO
204.9B USD
Loading...
US
Danaher Corp
NYSE:DHR
153.2B USD
Loading...
KR
Samsung Biologics Co Ltd
KRX:207940
46.3T KRW
Loading...
CH
Lonza Group AG
SIX:LONN
35.4B CHF
Loading...
CN
WuXi AppTec Co Ltd
SSE:603259
280B CNY
Loading...
US
Agilent Technologies Inc
NYSE:A
36.9B USD
Loading...
US
IQVIA Holdings Inc
NYSE:IQV
31.9B USD
Loading...
US
Mettler-Toledo International Inc
NYSE:MTD
28.3B USD
Loading...
US
Waters Corp
NYSE:WAT
22.8B USD
Loading...

Market Distribution

In line with most companies in Canada
Percentile
66th
Based on 4 108 companies
66th percentile
47.1%
Low
-10 058.3% — 20.4%
Typical Range
20.4% — 50.5%
High
50.5% — 717.4%
Distribution Statistics
Canada
Min -10 058.3%
30th Percentile 20.4%
Median 33.6%
70th Percentile 50.5%
Max 717.4%

Innovotech Inc
Glance View

Innovotech Inc. provides solutions to medical, agricultural, and industrial problems caused by microbial biofilms in Canada, the United States and internationally. The company is headquartered in Edmonton, Alberta. The company went IPO on 2003-05-28. The firm's contract research services cover various applications, including implanted devices antimicrobial testing; antibiotic and biocide efficacy screening; agricultural diseases, food safety; dental biofilms; waterline and pipeline fouling; regulatory submission packages; consulting services; and third-party validations. The firm's assays and services include biofilm antimicrobial testing, planktonic antimicrobial testing, aerobic and anaerobic microorganisms as well as bacterial spores. Its products include InnovoSIL Antimicrobial Products, The MBEC Assay, and Agress and AgreGuard. InnovoSIL is a family of antimicrobial agents suited to coating onto or incorporation into medical devices. The MBEC assay is biofilm growth device. Agress and AgreGuard is a seed treatment and plant spray.

IOT Intrinsic Value
0.22 CAD
Overvaluation 18%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
47.1%
=
Gross Profit
CA$2.1m
/
Revenue
CA$4.5m
What is Innovotech Inc's current Gross Margin?

The current Gross Margin for Innovotech Inc is 47.1%, which is below its 3-year median of 61.9%.

How has Gross Margin changed over time?

Over the last 3 years, Innovotech Inc’s Gross Margin has decreased from 72.1% to 47.1%. During this period, it reached a low of 47.1% on Oct 30, 2025 and a high of 72.1% on Aug 30, 2022.

Back to Top