Business
Innovotech Inc. Reports Record Revenue for Q1-2025.
(TheNewswire) Edmonton, Alberta, May 13, 2025 – TheNewswire - Innovote...
About this update from Innovotech Inc.
[{"type":"text","content":"Innovotech Inc. Reports Record Revenue for Q1-2025.\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Edmonton, Alberta, May 13, 2025 –\n \n\n TheNewswire -\n \n\n\n Innovotech Inc.\n \n\n\n (TSX-V: IOT)\n(“Innovotech” or the “Company”) reports record revenue of\n$1,158,185 for the period ending March 31, 2025. This surpassed the\nprevious record revenue posted for Q4-2024 of $1,045,837, and the\ncomparable Q1-2024 of $313,976.  The strong growth is a result of\nincreased contract research at subsidiary Innovotech Labs Corporation\ntogether with the consolidated revenues from Keystone Labs Inc.  The\naccretive acquisition of Keystone Labs in Q4-2024 continues to\ncontribute substantially to revenue growth, profitability and to\nbuilding a strong management team.\n \n\n\n\n\n\n The Company posted\n$63,523 net and comprehensive income for the period.\n \n\n\n\n “Our team has managed the growth exceptionally well,\ncontinuing to deliver the quality outcomes that our clients expect and\nmaintaining our research and development programs that will continue\nto drive the business forward,” said Craig Milne, CEO.\n \n\n\n\n About Innovotech:\n \n\n\n\n Innovotech Inc. is a diversified Canadian technology\ncompany with business operations in a growing portfolio of specialized\nlaboratory services, biotechnology businesses, and proprietary\nintellectual property. Innovotech Inc. manages several subsidiary\ncompanies.  Innovotech Labs Corporation is a contract research\norganization that owns and provides proprietary devices for\nantimicrobial testing in multiple applications and commercializes\nantimicrobial silver solutions. Learn more at\n \n\n\n www.innovotech.ca\n \n\n\n .\n \n\n Keystone Labs Inc. is a DEL-accredited lab serving the\nCanadian pharmaceutical industry and industrial markets. Learn more at\n \n\n\n www.keystonelabs.ca.\n \n\n\n Innovotech\nInc. owns a 60% stake in NouLifeSciences Inc., a company holding\nintellectual property related to antioxidant molecules with potential\napplications in cosmetics and various medical conditions including\nneuropathies.\n \n\n\n\n Craig Milne, CEO\n \n\n Innovotech Inc.\n \n\n\n\n +1-604-239-1819        [email protected]\n \n\n\n\n This document may contain\nforward-looking st...