Innovaro, Inc.

Innovaro, Inc.

INNI
Innovaro, Inc.US flagOther OTC
0.02
USD
- -
- -
376,318.00Market Cap
Innovaro, Inc.
INNI
(Other OTC)

Recent

price

0.02

P/E

ratio

- -

div

yld

- -

ROIC.AI

1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
TTM
FRC
0.49
1.54
1.06
0.86
0.89
1.31
3.16
6.48
2.26
2.03
0.95
0.99
0.03
0.03
0.03
Revenue per Share
0.15
0.38
0.17
-0.69
0.04
0.17
0.82
2.27
0.42
-2.66
-1.35
-1.44
-0.31
-0.65
-0.3
Basic EPS, GAAP
0.14
-0.53
-0.65
-0.66
-0.6
-0.79
-1.49
-2.32
-1.01
-0.24
-0.33
-0.37
-0.19
-0.11
-0.13
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
0.02
0.02
- -
- -
- -
- -
- -
- -
Dividend per Share
0.43
0.77
0.76
0.07
0.79
0.78
1.42
3.39
0.01
0.01
-0.04
-5.39
-5.08
-5.58
-5.49
Book Value per Share
1.22
2.85
2.47
1.74
2.47
3.89
5.69
5.44
4.53
1.14
0.37
0.11
0.51
0.09
-0.05
Tangible Book Value per Share
3
3
4
4
4
5
7
9
9
10
11
13
15
15
16
Basic Weighted Avg Shares
1
5
4
3
4
7
23
57
20
20
11
13
- -
1
1
Sales/Revenue/Turnover
44.63
58.84
35.91
7.24
7.69
21.28
41.56
56.65
33.17
-31.41
-71.59
-43.15
-1,077.46
-741.99
-465.09
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
4
2
1
1
- -
Depreciation Expense
- -
1
1
-3
- -
1
6
20
4
-26
-15
-19
-5
-10
-5
Net Income, GAAP
51.31
37.81
37.95
37.34
38.32
38.36
37.71
37.73
42.11
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
31.08
24.53
15.81
-79.54
4.75
13.11
25.89
35.02
18.6
-131.26
-141.63
-146.08
-1,061.92
-1,882.31
-915.97
Profit Margin (%)
- -
- -
- -
- -
10
22
43
46
35
13
2
- -
-1
-3
-4
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
5
5
4
2
2
LT Debt
3
8
10
7
11
23
44
51
44
37
29
14
11
2
-1
Total Equity
- -
28.43
9.87
1.78
1.87
5.37
17.44
42.11
8.24
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
64.72
24.58
-167.86
8.05
22.17
81.1
99.66
25.26
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
65.47
24.77
-167.86
9.93
24.62
81.1
99.66
25.26
-26,629.53
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Mar'13
Jun'13
Sep'13
ST Debt
3
3
3
LT Borrowings
2
2
2
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
16
16
Market Capitalization
1
1
2

Working Capital

FRC

in mil. unless spec.
Mar'13
Jun'13
Sep'13
Total Current Assets
2
1
1
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
5
5
5
Payables & Accruals
1
1
1
ST Debt
3
3
3
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.6%
-39.14%
-83.86%
Free Cash Flow
18.34%
-13.43%
-40.79%
Net Income, GAAP
21.96%
-155.61%
116.09%
Sales/Revenue/Turnover
30.33%
-20.09%
21.91%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2011
4
5
- -
3
- -
2012
- -
- -
- -
- -
1
2013
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2011
-0.01
-0.1
-0.08
- -
-0.31
2012
-0.09
-0.32
-0.09
- -
-0.65
2013
-0.05
-0.07
-0.03
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2011
- -
- -
- -
- -
- -
2012
- -
- -
- -
- -
- -
2013
- -
- -
- -
- -
- -
Business
Innovaro, Inc. (INNI) operates as a shell company with no significant current operations or revenue generation. Previously engaged in software services, innovation consulting, and intellectual property licensing, including comprehensive solutions to enhance client innovation capabilities through external technology sourcing, IP value creation, and marketplace foresight analysis; the company plans to acquire an operating entity via reverse merger. It targets clients in diverse sectors seeking growth through innovation, with historical operations spanning global markets including the United States, United Kingdom, Netherlands, and Germany. Founded in 1999 and formerly known as UTEK Corporation until its name change in July 2010, Innovaro, Inc. is headquartered in Smyrna, Delaware, with past addresses in Tampa, Florida, and Charlotte, North Carolina. The company employs approximately seven people and focuses on research and consulting services within the commercial services sector, though it currently generates minimal revenue of around $528,000 on a trailing twelve-month basis alongside net losses. No major recent partnerships, acquisitions, funding rounds, product launches, or strategic shifts have been publicly announced within the last 1-2 years, maintaining its status as a non-operating shell seeking a reverse merger transaction. Historical activities included software solutions like LaunchPad for mid-tier enterprises and open innovation facilitation via university technology acquisitions, but these ceased following divestitures around 2012. The company trades on OTC markets with a microcap market capitalization under $300,000.