1. United States of America Stocks

  2. •

    Technology

  3. •

    Software - Application
Innovation Nation Inc.

Innovation Nation Inc.

AVRI
Innovation Nation Inc.US flagOther OTC
0.00
USD
- -
- -
9,798.00Market Cap
2003 Y
2004 Y
2005 Y
2007 Y
2008 Y
2009 Y
TTM
Revenue per Share
- -
- -
- -
0.04
0.01
- -
0.01
Basic EPS, GAAP
- -
- -
- -
-0.01
-0.02
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
-0.01
-0.02
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
-0.02
- -
-0.02
Tangible Book Value per Share
- -
- -
- -
0.01
- -
- -
- -
Basic Weighted Avg Shares
101
101
101
100
100
- -
100
Sales/Revenue/Turnover
- -
- -
- -
4
1
1
1
Operating Margin (%)
- -
- -
- -
-14.47
-221.11
96.11
96.11
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
- -
- -
-1
-2
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
79.25
Profit Margin (%)
- -
- -
- -
-17.72
-233.66
-4.81
-4.81
Working Capital
- -
- -
- -
1
- -
-1
-1
LT Debt
- -
- -
- -
- -
- -
- -
- -
Total Equity
- -
- -
- -
1
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
51.26
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

•

in mil. unless spec.
Dec'09
Mar'09
Jun'09
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
100
100
100
Market Capitalization
100
6
7

Working Capital

FRC

•

in mil. unless spec.
Dec'09
Mar'09
Jun'09
Total Current Assets
1
1
1
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1
2
1
Payables & Accruals
1
1
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-741.32%
-1,259.86%
Free Cash Flow
- -
- -
-97.62%
Net Income, GAAP
- -
2,306.43%
-97.82%
Sales/Revenue/Turnover
- -
- -
5.94%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2007
1
1
- -
- -
4
2008
- -
- -
- -
- -
1
2009
- -
- -
- -
- -
1

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2007
- -
- -
- -
- -
-0.01
2008
-0.01
-0.01
- -
- -
-0.02
2009
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2007
- -
- -
- -
- -
- -
2008
- -
- -
- -
- -
- -
2009
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Salmon Mahmood
Full Time Employees
92
Sector
Technology
Industry
Software - Application
Address
39555 Orchard Hill Place Novi MI United States of America 48375
IPO Date
Feb 6, 2007
Website
innovationnationinc.com
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Business
Innovation Nation Inc. (AVRI) provides information technology and telecom engineering, technology, and consulting services to small, medium, and large enterprises worldwide; its offerings encompass IT infrastructure solutions, telecommunications engineering support, technology implementation, and specialized consulting for enterprise digital transformation. The company, formerly known as Averox Inc., changed its name in January 2022 to pursue high-tech business combinations and partnerships while shifting focus from its prior online student mentoring operations targeting college students. Headquartered at 39555 Orchard Hill Place, Suite 600, Novi, Michigan 48375, United States, Innovation Nation Inc. listed on OTCPK in November 2006 and operates primarily in the software and IT consulting sector with trailing twelve-month revenue of approximately $875,000 as of recent filings. No major acquisitions, funding rounds, new product launches, or strategic expansions have been announced in the last 1-2 years, with the company maintaining a low market capitalization of around $25,000 to $4.5 million amid limited analyst coverage and stagnant financial updates since 2009 earnings data.