Ovation Science Inc.

Ovation Science Inc.

OVATF
Ovation Science Inc.US flagOther OTC
0.04
USD
- -
- -
1.35MMarket Cap
Ovation Science Inc.
OVATF
(Other OTC)

Recent

price

0.04

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
0.01
0.02
0.03
0.01
- -
- -
- -
- -
- -
Revenue per Share
- -
-0.03
-0.05
-0.04
-0.08
-0.03
-0.03
-0.01
-0.02
-0.02
Basic EPS, GAAP
- -
-0.02
-0.06
-0.06
-0.03
-0.02
-0.01
-0.01
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
0.08
0.03
0.06
-0.02
-0.05
-0.07
-0.07
-0.09
-0.09
Book Value per Share
- -
0.1
0.05
0.09
0.02
- -
-0.02
-0.03
-0.04
-0.04
Tangible Book Value per Share
- -
16
16
27
29
29
30
35
36
36
Basic Weighted Avg Shares
- -
- -
- -
1
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
- -
-428.09
-284.14
-145.11
-368.59
-573.54
-1,122.37
-423.12
-854.23
-866.24
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
-1
-1
-1
-2
-1
-1
- -
-1
-1
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
-527.35
-276.45
-157.98
-1,064.14
-574.76
-1,312.93
-402.95
-929.86
-934.2
Profit Margin (%)
- -
2
1
2
1
- -
-1
-1
-1
-2
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
1
2
1
3
1
- -
-1
-1
-1
-2
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
-53.63
-89.63
-106.53
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
35
38
38
Market Capitalization
1
1
1

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1
2
2
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
- -
119.62%
33.81%
Free Cash Flow
- -
-43.99%
-57.25%
Net Income, GAAP
- -
6.42%
38.37%
Sales/Revenue/Turnover
- -
-24.2%
-40.04%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
- -
-0.01
- -
-0.01
2025
- -
- -
- -
- -
-0.02
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Ovation Science Inc is a research and development company specializing in the development and licensing of proprietary topical and transdermal cannabis and hemp-based products. The company’s core offerings include patented delivery technology known as Invisicare®, which facilitates enhanced skin absorption of cannabinoids such as CBD, CBN, CBG, and THC. Ovation Science’s product portfolio comprises health and wellness formulations branded under Invibe® MD, which feature hemp-derived CBD, and ARLO CBD Beauty, a line focused on anti-aging skincare solutions enriched with CBD. These products are developed using pharmaceutical drug development protocols and are licensed to national and international companies that manufacture and market them globally. The company operates primarily in Canada and the United States. Founded with a focus on innovation, Ovation Science does not manufacture or distribute finished cannabis products directly but licenses its patented polymer technology and product formulations to partner companies who produce and market products using this technology. The company generates revenue through multiple streams including development fees, licensing fees, royalties, and the sale of Invisicare polymer to its licensees. In the last two years, Ovation Science has entered into several strategic developments including an enhanced partnership with Skinvisible Pharmaceuticals to expand cannabinoid delivery technology into the obesity and metabolic health markets with new patent protections. The company also executed exclusive licensing agreements for its topical and transdermal formulations in key markets such as Missouri and Florida, including a major partnership with MidWest Roots, LLC in Missouri and expansion with Planet 13 in Florida’s dispensary network. Additionally, Ovation completed a non-brokered private placement financing in 2025 to raise funds for business operations and growth. The company’s headquarters are located in Vancouver, British Columbia, and it has a wholly-owned subsidiary, Ovation Science USA Inc., supporting its U.S. operations. Ovation Science Inc represents a unique blend of pharmaceutical drug development expertise and cannabis industry-focused technology innovation, positioning itself as a leader in cannabinoid topical and transdermal delivery systems tailored for health, wellness, and beauty markets across North America.

Company News

APIChatGPT
  • Ovation Science Secures New Canadian Patent; Strengthening IP Position and Expanding Commercial Opportunities for Topical Cannabis Products

  • Ovation Science Sees Expanded Opportunities for Its Topical Products Following U.S. Cannabis Rescheduling

  • Ovation Science and Skinvisible Pharmaceuticals Enhance Their Strategic Partnership in the Obesity Market with Innovative Cannabinoid Delivery Technology with New Developments and Patent Protection

  • Ovation Science Expands with Planet 13 into Florida

  • Ovation Science Licensee Launches Innovative Transdermal Cannabis Products in Pennsylvania

  • Ovation Science Topicals Launch with Planet 13 in Nevada

  • Planet 13 Launches New MEDIZIN Branded Topicals - Introducing MEDIZIN Rest, Recovery and Relief

  • Ovation Science Expands Market Reach with Exclusive Canadian License Agreement

  • Ovation Science Announces License Agreement for Its Topical / Transdermal Cannabis Products for Missouri

  • Ovation Science Signs License Agreement with Planet 13 for Its Topical / Transdermal Cannabis Products for Nevada