IPIX (Innovation Pharmaceuticals) Net Income (Continuing Operations): $-2.62 Mil (TTM As of Sep. 2023)

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What is Innovation Pharmaceuticals Net Income (Continuing Operations)?

Innovation Pharmaceuticals IPIX Net Income (Continuing Operations) is $-2.62 Mil as of Sep. 2023.

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Innovation Pharmaceuticals's Net Income (Continuing Operations) for the three months ended in Sep. 2023 was $-0.88 Mil. Its Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Sep. 2023 was $-2.62 Mil.

Innovation Pharmaceuticals  (OTCPK:IPIX) Net Income (Continuing Operations) Explanation

Net Income (Continuing Operations) excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Innovation Pharmaceuticals Net Income (Continuing Operations) Related Terms

Innovation Pharmaceuticals Net Income (Continuing Operations) Historical Data

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The historical data trend for Innovation Pharmaceuticals's Net Income (Continuing Operations) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Innovation Pharmaceuticals Net Income (Continuing Operations) Chart

Innovation Pharmaceuticals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Income (Continuing Operations)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.68 -6.65 -13.87 -7.04 -3.17

Innovation Pharmaceuticals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Income (Continuing Operations) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.43 -0.36 -0.70 -0.68 -0.88

Innovation Pharmaceuticals Net Income (Continuing Operations) Calculation

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period.

Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.62 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Net Income (Continuing Operations) of $-2.62 Mil mean?
Innovation Pharmaceuticals (IPIX) has a Net Income (Continuing Operations) of $-2.62 Mil as of Sep. 2023. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Innovation Pharmaceuticals and its competitors.
Is Innovation Pharmaceuticals' Net Income (Continuing Operations) too high?
Innovation Pharmaceuticals' current Net Income (Continuing Operations) is $-2.62 Mil.
How does Innovation Pharmaceuticals' Net Income (Continuing Operations) compare to AXIM and RNAZ?
Innovation Pharmaceuticals' Net Income (Continuing Operations) of $-2.62 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income (Continuing Operations) for a Biotechnology company?
A good Net Income (Continuing Operations) depends on the Biotechnology industry context. However, Net Income (Continuing Operations) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income (Continuing Operations) mean?
A high Net Income (Continuing Operations) can signal that a stock is expensive relative to its fundamentals. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Innovation Pharmaceuticals and its competitors. Innovation Pharmaceuticals's current Net Income (Continuing Operations) is $-2.62 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovation Pharmaceuticals stock overvalued right now?
Innovation Pharmaceuticals (IPIX) has a current Net Income (Continuing Operations) of $-2.62 Mil. The current Net Income (Continuing Operations) is $-2.62 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income (Continuing Operations) calculated?
Net Income (Continuing Operations) is calculated from a company's financial statements. For Innovation Pharmaceuticals (IPIX), the current Net Income (Continuing Operations) is $-2.62 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Innovation Pharmaceuticals Business Description

Address 301 Edgewater Place, Suite 100, Wakefield, MA, USA, 01880
Innovation Pharmaceuticals Inc is a clinical-stage pharmaceutical company in the United States. It is engaged in developing therapies with oncology, dermatology, and antimicrobial applications. Its clinical trials focus on evaluating its drug candidates, including Kevetrin for the treatment of cancers; Brilacidin, a potential therapeutic for the treatment of the novel coronavirus. The company focuses on developing small molecule therapies to treat diseases in the areas of cancer, antibiotics, and inflammatory disease.