INNIOTCBlank ChecksFiscal year ends December 31
Innovaro, Inc.
Financials through Q3 FY2013, quarter ended Sep 30, 2013Last filing: 10-K/A on Mar 12, 2014
$1.76+0.00 (0.00%)
Close on Oct 19, 2026
- Market cap
- $28.43M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2009 to 2012
Net margin
-1882.3%
Growth rates
Compound annual growth to fiscal 2012
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +21.9% | – | – | – |
Returns and balance sheet
4 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2009 | FY2009 | FY2012 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | -165.3% | |
| Return on assets | – | – | -68.4% | |
| Current ratio | – | – | 0.36 | |
| Debt to equity | – | – | 3.45 | |
| Capex to revenue | – | – | 0.2% | |
| Diluted shares | – | – | 15M |
Cash use needs five years of cash flow figures
Innovaro does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-1882.3%
×Asset turnover0.04×
×Equity multiplier2.42×
=Return on equity, FY2012-165.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2012 | -1882.3% | 0.04× | 2.42× | -165.3% |
| FY2011 | -1061.9% | 0.02× | 1.89× | -38.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2012 against fiscal 2011
2of 8 tests passed in fiscal 2012. Some tests lack the figures they need.
- ProfitableNet income above zero-$9.99M
- Cash generatingOperating cash flow above zero-$1.68M
- Return on assets improvedROA up on the prior year-18.8% → -48.1%
- Earnings backed by cashOperating cash flow above net income-$1.68M vs -$9.99M
- Less leverageLong-term debt to assets fell19.3% → 22.9%
- Better liquidityCurrent ratio rose0.75 → 0.36
- No dilutionShare count did not rise15M → 15M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.02 → 0.03