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Intellipharmaceutics International Inc.
IPCI.TO•TSX
Healthcare
Biotechnology
CA$0.08
CA$-0.01(-11.11%)

Over the last four quarters, Intellipharmaceutics International Inc. achieved steady financial progress, growing revenue from $29682.00 in Q4 2022 to $68718.00 in Q3 2023. Gross profit stayed firm with margins at -1171% in Q3 2023 versus 100% in Q4 2022. Operating income totaled -$1.79M in Q3 2023, maintaining a -2601% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$1.75M. Net income dropped to -$1.89M, with EPS at -$0.06. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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