With Earnings Season In Full Swing, These Micro Caps Are Showing Great Financial Results
By:
Tomas Ronolski - AllPennyStocks.com News
Tuesday, February 4, 2025
If these three micro caps serve as a microcosm, corporate balance sheets appear strong and improving. Of course, this is a simplified view. With tariff threats looming from multiple countries, these recent numbers may be remembered as either peak earnings or just a temporary setback for corporations. Time will tell, but so far, so good for corporate America / Canada.
First on the docket is InVitro International (OTCQB: IVRO) , a customer and technology-driven provider of non-animal testing methods which announced a solid 15.4% sales advance in Q1 of FY '25, totaling $244,143; this compares favorably to Q1 FY '24 sales of $211,625. FY '25 Q1 net income of $33,855 leapt 91.6% over the FY '24 Q1 figure of $17,667.
InVitro International's CEO and acting President, W. Richard Ulmer said: "Together with our newly announced M & A activity in Europe, our team is pleased with FY '25 first Quarter progress. Following Covid and inflationary years' challenges, InVitro International's vision of the future is continued global growth for our own, as well as all, NON-Animal test technologies."
Shares of IVRO traded up 6.39% at $0.1068 in late-morning trading on the strong financials.
Shifting over to another company that shared a glimpse of their numbers with investors this morning was Nextech3D.AI (OTCQX:NEXCF) (CSE:NTAR) , a pioneer in augmented reality (AR) and artificial intelligence (AI) technologies, and a leader in advanced 3D AI-driven solutions.
Nextech3D AI announced that revenues came in at $3.1 million, while they achieved a strong increase in its gross profit margin, reaching 65% compared to 29% in 2023. This was driven by the implementation of AI technologies and having 3D operations in India. Furthermore, the Company reduced its overall operational costs by 35% in 2024, positioning it for even greater savings and operational efficiency in 2025.
"We are encouraged with our early success in sales in 2025 and the solid progress we made in cost cutting and improving margins in 2024," said Evan Gappelberg, CEO. "With a strong sales performance in January, cost reduction initiatives on track, and continued advancements in AI, we are confident that we will meet our 2025 goals of achieving an 80% gross profit margin and expanding our market share."
The news sent shares of NTAR in Canada up 30% to $0.065 while U.S. listed shares increased 34.55% to $0.04615 in late-morning trading.
Last but not least, Skkynet Cloud Systems, Inc. (OTCQB: SKKY) , a leader in real-time data communications technology for industrial systems, announced record-breaking financial results for the fiscal year ending October 31, 2024. The Company achieved $2.56 million in annual revenue, reflecting an 8% year-over-year increase, alongside a profitable year with net income of $99,090—strengthening its financial position as it looks ahead to continued growth in 2025.
“Skkynet’s momentum continues to build,” said Andrew Thomas, CEO. “Despite economic challenges, we delivered solid results and maintained a strong cash position, readying us for expansion in 2025 and beyond. The demand for secure remote access to industrial systems is surging—driven in part by security demands and AI applications—and we anticipate even greater growth as the industry rebounds.”
Despite the strong financial results, shares of SKKY were trading unchanged at $0.78 with no volume. This is likely because the company has yet to appear on many investors' radar screens.
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