Added to YB: 2025-05-14
Pitch date: 2025-05-12
IOT.V [bullish]
Innovotech Inc.
+75%
current return
Author Info
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Company Info
Innovotech Inc. provides assay kits used in growing microbial biofilms for research purposes in Canada, the United States, and internationally.
Market Cap
CAD 7.0M
Pitch Price
CAD 0.15
Price Target
0.32 (+22%)
Dividend
N/A
EV/EBITDA
57.36
P/E
28.00
EV/Sales
2.87
Sector
Life Sciences Tools and Services
Category
growth
Innovotech (IOT.V) Tops the List for FY25 Investment Ideas
IOT.V: Biotech co. with antimicrobial focus doubled 2024 revenue to $1.9M (including $0.2M from Keystone acquisition). Gross margins up to 50.6%, EBITDA +$0.3M. 2025 catalysts: major client orders, lab expansion, headcount growth. InnovoSIL-1 silver products possible 2025-26. Undervalued at 4.6x F25 EBITDA vs peers at 11x. PT: $0.32.
Read full article (8 min)