Innovotech

Innovotech Interest Expense

The Interest Expense of Innovotech (IOT.V) as of Nov 15, 2026 is 166,700.00 CAD. In the previous year, Interest Expense was 120,100.00 CAD — a change of 38.80% (higher).

Interest Expense

166,700.00CAD

YoY

38.80%

Last updated:

Interest Expense of Innovotech is 2024 166,700.00 CAD. Interest Expense of Innovotech was 2023 120,100.00 CAD. It decreases by 38.80% higher compared to the previous year.

The Innovotech Interest Expense history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Expense
Date
Interest Expense
Jan 1, 2017
-27,800.00 CAD
Jan 1, 2018
-700.00 CAD
Jan 1, 2019
-6,000.00 CAD
Jan 1, 2020
-3,000.00 CAD
Jan 1, 2021
13,200.00 CAD
Jan 1, 2022
3,900.00 CAD
Jan 1, 2023
120,100.00 CAD
Jan 1, 2024
166,700.00 CAD
The Innovotech Interest Expense history
YEARInterest ExpenseYoY
166,700.00CAD+38.80%
120,100.00CAD+2,979.49%
3,900.00CAD-70.45%
13,200.00CAD-540.00%
-3,000.00CAD-50.00%
-6,000.00CAD+757.14%
-700.00CAD-97.48%
-27,800.00CAD-60.00%
-69,500.00CAD-11.58%
-78,600.00CAD+12.29%
-70,000.00CAD—

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Innovotech Stock analysis

What does Innovotech do? Innovotech Inc. generates revenue through the sale of proprietary assay kits, including MBEC Assay Kits, Order Biofilm Assays, and Coated MBEC Assay Lids, which are used in microbial biofilm research. The company also provides contract research services such as Antimicrobial Contract Research, Antimicrobial and Anti-Biofilm Agents testing (MIC and MBEC), and Customized Antimicrobial Testing (BEST Assay Testing and Implanted Medical Device Testing). Its antimicrobial silver products, AgreGuard-1 Silver Antimicrobial for Crop Protection and InnovoSIL Antimicrobial Silver Products, are sold to customers in agricultural and medical sectors. The firm targets research institutions, agricultural producers, and medical device manufacturers seeking biofilm and antimicrobial testing solutions. Innovotech's intellectual property portfolio supports its contract research services, which include testing for antimicrobial agents and materials under standards like TM100, ISO 22196, and USP 51. The company’s Biofilm Publications and SEM Library serve as additional resources for clients engaged in biofilm research. Its product offerings are tailored to sectors requiring microbial biofilm analysis, such as crop protection and medical device development, with AgreGuard-1 and InnovoSIL products specifically addressing antimicrobial needs in agriculture and medical applications. The company monetizes its proprietary technology through direct sales of assay kits and antimicrobial silver products, while contract research services provide recurring revenue streams. Clients include research organizations conducting biofilm studies, agricultural businesses using AgreGuard-1 for crop protection, and medical device manufacturers utilizing InnovoSIL for antimicrobial properties. Innovotech’s focus on specialized testing methodologies and branded products ensures consistent demand from niche markets requiring precise biofilm and antimicrobial evaluation. Innovotech is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Innovotech stock

Interest Expense of Innovotech is 166,700.00 CAD in 2024.

Interest Expense of Innovotech changed from 120,100.00 CAD to 166,700.00 CAD, representing a 38.80% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Expense Innovotech since 2006 – with annual values, charts, and detailed analysis.

Interest expense represents the cost of borrowing. Higher interest expenses can indicate a highly leveraged company.

Interest Expense's CAD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Interest Expense's Innovotech historically and in real time.

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Income Statement — Innovotech

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