Innovent Biologics, Inc.

IVBXF · OTC
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$9,421,888$6,206,070$4,556,380$4,269,729
% Growth51.8%36.2%6.7%
Cost of Goods Sold$1,510,210$1,806,844$930,990$573,040
Gross Profit$7,911,678$4,399,226$3,625,390$3,696,689
% Margin84%70.9%79.6%86.6%
R&D Expenses$2,681,074$2,227,556$2,871,220$2,478,067
G&A Expenses$738,046$750,278$835,488$884,027
SG&A Expenses$5,084,938$3,850,971$3,426,253$3,612,193
Sales & Mktg Exp.$4,346,892$3,100,693$2,590,765$2,620,142
Other Operating Expenses-$112,453$0-$90,198-$341,595
Operating Expenses$7,653,559$6,078,527$6,207,275$5,748,665
Operating Income-$755,872-$1,679,301-$3,122,846-$2,703,350
% Margin-8%-27.1%-68.5%-63.3%
Other Income/Exp. Net$0$534,890$952,377$61,633
Pre-Tax Income-$78,621-$1,144,411-$2,170,469-$2,641,717
Tax Expense$16,010-$116,498$8,801$87,038
Net Income-$94,631-$1,027,913-$2,179,270-$2,728,755
% Margin-1%-16.6%-47.8%-63.9%
EPS-0.058-0.66-1.46-1.88
% Growth91.2%54.8%22.3%
EPS Diluted-0.056-0.66-1.46-1.88
Weighted Avg Shares Out1,577,1831,559,6371,490,1231,451,465
Weighted Avg Shares Out Dil1,627,4611,559,6371,490,1231,455,606
Supplemental Information
Interest Income$423,454$452,837$189,537$151,755
Interest Expense$67,647$98,624$101,698$62,464
Depreciation & Amortization$275,595$385,103$319,422$204,747
EBITDA-$480,277-$660,684-$1,749,349-$2,374,506
% Margin-5.1%-10.6%-38.4%-55.6%