InnoCan Pharma (TSE:INNO) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Innocan Pharma has reported impressive financial results for the third quarter of 2024, with a 174% year-over-year increase in 9-month revenues to $24 million, primarily driven by its subsidiary BI Sky Global Ltd. The company has also turned its financial performance around, achieving a net profit of $0.3 million compared to a net loss in the previous year, showcasing strong operational momentum and successful product introductions.
For further insights into TSE:INNO stock, check out TipRanks’ Stock Analysis page.