Innovotech Inc
XTSX:IOT

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Innovotech Inc
XTSX:IOT
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Price: 0.15 CAD
Market Cap: 5.9m CAD
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Gross Margin
Innovotech Inc

68.6%
Current
71%
Average
43.8%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
68.6%
=
Gross Profit
843.1k
/
Revenue
1.2m

Gross Margin Across Competitors

Country CA
Market Cap 5.9m CAD
Gross Margin
69%
Country US
Market Cap 1.3T USD
Gross Margin
55%
Country US
Market Cap 207.5B USD
Gross Margin
41%
Country US
Market Cap 173.4B USD
Gross Margin
60%
Country KR
Market Cap 70.2T KRW
Gross Margin
50%
Country CH
Market Cap 40.8B CHF
Gross Margin
29%
Country US
Market Cap 39.2B USD
Gross Margin
35%
Country US
Market Cap 38.5B USD
Gross Margin
55%
Country US
Market Cap 26.5B USD
Gross Margin
59%
Country US
Market Cap 23.7B USD
Gross Margin
64%
Country US
Market Cap 23.6B USD
Gross Margin
35%

Profitability Report

View the profitability report to see the full profitability analysis for Innovotech Inc.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
68.6%
=
Gross Profit
843.1k
/
Revenue
1.2m
What is the Gross Margin of Innovotech Inc?

Based on Innovotech Inc's most recent financial statements, the company has Gross Margin of 68.6%.