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Innovation Nation Inc. (AVRI) Stock Price & Analysis

Educational signal · not a buy or sell recommendation · How to read this

$0.0001 $0.00 (0.00%)
Vol: 4.2K| 52-wk range: $0.0001 – $0.0001
Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.5-flash, generated Jun 15, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Quick Answer

Innovation Nation Inc. (AVRI) trades at $0.0001. Innovation Nation Inc. is a US-based technology firm specializing in IT and telecom engineering, consulting, and web services for global enterprises. Sector: Technology.

Price as of · Last analyzed: Jun 15, 2026
Innovation Nation Inc. is a US-based technology firm specializing in IT and telecom engineering, consulting, and web services for global enterprises. The company offers a diverse portfolio including project management, system integration, network optimization, and digital solutions.

Analyst Coverage for AVRI: AVRI does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.

▶ Watch the AVRI film Every key number, told as a short cinematic story — just press play. ~2 min

No score published: we hold no usable price for this ticker, and a grade beside a missing price says nothing.

Innovation Nation Inc. (AVRI) Technology Profile & Competitive Position

CEOSalmon Mahmood
Employees92
HeadquartersNovi, US
IPO Year2007

Innovation Nation Inc. is a Novi, Michigan-based technology and consulting firm delivering comprehensive IT and telecom engineering services globally. The company provides project management, system integration, network optimization, and digital solutions, catering to small, medium, and large enterprises with a broad service portfolio.

Data Provenance | Financial Data Quantitative Analysis Analysis: Jun 15, 2026

What Is the Investment Thesis for AVRI?

AI-written as of Jun 15, 2026 — figures and tone reflect the data available then, not today's score.

Innovation Nation Inc. presents a unique profile as a global provider of IT and telecom engineering and consulting services, targeting a broad spectrum of enterprise clients. The company's extensive service portfolio, ranging from project management and system integration to specialized telecom solutions and digital development, positions it to address diverse client needs. The name change in January 2022 from Averox, Inc. to Innovation Nation Inc. could signal a strategic repositioning or rebranding effort to better align with its current market focus and service offerings. However, the financial metrics present significant considerations for potential investors. The company reports a market capitalization of $0.00B, indicating either extremely limited public trading activity or a negligible valuation. A profit margin of -1022.7% suggests substantial operational losses relative to revenue, while a gross margin of 100.0% implies that the cost of goods sold is negligible or zero, which is unusual for a service-based business and may warrant further investigation into its revenue recognition and cost structures. The Beta of -4.52 is highly atypical, suggesting an inverse and highly volatile relationship with the broader market, which could be a data anomaly given the $0 market cap. Investors would need to conduct extensive due diligence to understand the underlying business operations, revenue generation, and financial health beyond these reported figures.

Based on FMP financials and quantitative analysis

AVRI Key Highlights

AI-written as of Jun 15, 2026 — figures and tone reflect the data available then, not today's score.

Reported Market Capitalization of $0.00B, indicating extremely limited public valuation or trading activity.

  • Gross Margin of 100.0%, suggesting a unique cost structure where direct costs of services are minimal or not recognized.
  • Profit Margin of -1022.7%, reflecting significant operational losses relative to revenue generation.
  • Beta of -4.52, an anomalous figure suggesting high inverse volatility relative to the market, potentially a data artifact.
  • Employs 92 individuals, indicating a moderate operational scale for a specialized IT and telecom services provider.

Who Are AVRI's Competitors?

AVRI is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
JDZG JIADE Limited $5.05 +4.44% 35 5-pillar
MASK 3 E Network Technology Group Ltd Class A Ordinary Shares $0.82 -2.96% 39 5-pillar
DTST Data Storage Corporation $3.42 +2.86% $7.19M 43 5-pillar
LZMH LZ Technology Holdings Limited $1.10 -8.33% $9.42M 34 5-pillar
GLE Global Engine Group Holding Limited Ordinary Shares $0.44 -0.99% $10.2M 46 5-pillar
CHOW ChowChow Cloud International Holdings Ltd. $0.56 +0.02% $19.9M 38 5-pillar
SAIH SAIHEAT Limited $26.94 +9.02% $45.4M 42 5-pillar
CTM Castellum, Inc. $0.64 +0.95% $59.6M 37 5-pillar

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are AVRI's Key Strengths?

Diverse and comprehensive service portfolio covering IT, telecom engineering, and digital services.

  • Global operational reach, serving enterprises of varying sizes worldwide.
  • Expertise in specialized telecom solutions and infrastructure development.
  • Ability to offer cost-effective offshore development and virtual employee services.
  • Experience in project and program management for complex technology initiatives.

What Are AVRI's Weaknesses?

Reported market capitalization of $0.00B, indicating potential lack of public market liquidity or valuation.

  • Significant negative profit margin (-1022.7%), suggesting substantial operational losses.
  • Unusual 100.0% gross margin, which may indicate unique accounting or business model characteristics requiring further clarification.
  • Limited public financial disclosure, as indicated by 'Unknown' disclosure status on OTC markets.
  • High negative Beta (-4.52), which is an anomalous figure and may not accurately reflect market sensitivity.

What Are the Key Risks for AVRI?

Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.

  • The reported market capitalization of $0.00B and 'Unknown' disclosure status present significant challenges for investor confidence and market liquidity.
  • A profit margin of -1022.7% indicates substantial and persistent operational losses, raising concerns about the company's long-term financial viability.
  • Intense competition within the IT and telecom services sectors could pressure pricing and market share, impacting revenue growth.
  • Dependence on securing new contracts and projects, as a service-based business, makes revenue streams potentially inconsistent.
  • The inherent risks of trading on the OTC 'Other' tier, including limited transparency, low liquidity, and potential for price manipulation.

What Threats Does AVRI Face?

  • Intense competition from established IT consulting firms, system integrators, and telecom service providers.
  • Rapid technological advancements requiring continuous investment in new skills and solutions.
  • Economic downturns potentially reducing enterprise IT and telecom spending.
  • Regulatory changes in the telecommunications sector impacting service delivery or demand.
  • Challenges associated with operating on the OTC market, including limited liquidity and investor confidence.

What Are AVRI's Competitive Advantages?

  • Broad and integrated service portfolio spanning IT, telecom engineering, and digital solutions, offering a 'one-stop-shop' for diverse client needs.
  • Global reach in providing services to small, medium, and large enterprises worldwide, enabling diverse client acquisition.
  • Expertise in specialized telecom solutions like dynamic SIM allocation, mobile network optimization, and fraud management, catering to niche demands.
  • Capability to offer offshore development and virtual employee services, providing cost-effective and flexible resource solutions.
  • Experience in civil, mechanical, and electrical works, allowing for comprehensive infrastructure project execution alongside IT/telecom services.

What Does AVRI Do?

Innovation Nation Inc., formerly known as Averox, Inc. until its name change in January 2022, is a technology and consulting firm headquartered in Novi, Michigan, United States. The company provides a comprehensive suite of information technology and telecom engineering, technology, and consulting services to a diverse client base encompassing small, medium, and large enterprises worldwide. Its service offerings are extensive, covering critical areas such as project management and program management, ensuring efficient execution and oversight of complex initiatives. Innovation Nation Inc. also specializes in system integration, facilitating seamless interoperability between disparate IT systems, and offers offshore development services, leveraging global talent pools for cost-effective solutions. In the realm of telecom, the company provides network management and maintenance, site acquisition, telecom implementation, and drive test RF planning, supporting the robust infrastructure needs of modern communication networks. Beyond core IT and telecom engineering, Innovation Nation Inc. extends its expertise to digital presence management, offering Web design services, Web development services, search engine optimization, and open source integration and customization. The company further provides virtual employee services, enabling businesses to scale their workforce flexibly. Additionally, it undertakes civil, mechanical, and electrical works, indicating a capability to support physical infrastructure development related to its core services. Innovation Nation Inc.'s solutions portfolio includes specialized offerings like dynamic SIM allocation, sponsored call, mobile network optimization and performance management, intelligent pricing/dynamic tariffing, and fraud management. It also provides critical billing solutions such as interconnect and retail billing, mediation, triple play billing, and broadband billing solutions. Infrastructure-focused solutions include microwave, mobile switching center, digital multiplexers, operations maintenance center, and digital cross connect. With 92 employees, Innovation Nation Inc. positions itself as a versatile partner for enterprises navigating the complexities of digital transformation and telecommunications.

What Products and Services Does AVRI Offer?

  • Provide information technology (IT) and telecom engineering services globally.
  • Offer project and program management for complex enterprise initiatives.
  • Specialize in system integration to ensure seamless operation of IT systems.
  • Conduct offshore development, leveraging international talent for software projects.
  • Manage and maintain network infrastructure for telecommunication companies.
  • Perform site acquisition, telecom implementation, and drive test RF planning.
  • Deliver digital services including Web design, Web development, and search engine optimization (SEO).
  • Integrate and customize open-source solutions for business applications.
  • Provide virtual employee services to augment client workforces.
  • Undertake civil, mechanical, and electrical works related to IT and telecom infrastructure.

How Does AVRI Make Money?

  • Generates revenue by providing IT and telecom engineering, technology, and consulting services on a project or contract basis.
  • Offers specialized solutions for network optimization, billing, and fraud management, likely through licensing or service agreements.
  • Provides offshore development and virtual employee services, operating on a time-and-materials or fixed-price model.
  • Engages in Web design, development, and SEO services, typically through project-based fees or ongoing retainers.
  • Undertakes civil, mechanical, and electrical works, likely on a project-specific contractual basis.

What Industry Does AVRI Operate In?

Innovation Nation Inc. operates within the highly dynamic Technology sector, specifically in the Software - Application industry, while also deeply entrenched in telecom engineering and consulting. The broader technology services market is characterized by rapid innovation, increasing demand for digital transformation, and the convergence of IT and telecommunications. Companies in this space often compete on expertise, service breadth, and the ability to deliver integrated solutions. Innovation Nation Inc.'s comprehensive offerings, spanning project management, system integration, offshore development, and specialized telecom solutions, position it as a versatile player. The market is driven by enterprises seeking efficiency gains, enhanced connectivity, and robust digital presences. While specific market share data for Innovation Nation Inc. The ongoing global shift towards cloud-based services, 5G network expansion, and data-driven decision-making continues to fuel demand in this industry.

Who Are AVRI's Key Customers?

  • Small, medium, and large enterprises worldwide seeking IT and telecom solutions.
  • Telecommunication companies requiring network management, implementation, and optimization services.
  • Businesses looking for digital presence enhancement through web development and SEO.
  • Organizations seeking offshore development capabilities and virtual staffing solutions.
  • Companies needing system integration and project management for complex technology initiatives.
Model self-rating on this text: 63% (not a measure of the evidence) Updated: Jun 15, 2026

Research confidence

Low

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • ● Scoring coverage unknown
  • ● No usable price
  • ● No filing on record
  • ● No analyst coverage

Company Profile

Innovation Nation Inc. operates in the Technology sector. It is headquartered in Novi, US. The company is led by CEO Salmon Mahmood. AVRI has traded publicly since 2007.

ROE 34%

Key Financial Metrics

Return on equity for Innovation Nation Inc. stands at 33.6%, a gauge of how efficiently it converts shareholder capital into profit. A current ratio of 0.02 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -180.5%, the inverse of the P/E and a quick read on earnings relative to price.

F-Score 3/9

Financial Health

Innovation Nation Inc.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny.

AVRI Financials

Fundamental Snapshot

Return on Equity (TTM)
+33.6%
Current Ratio
0.0

Based on FMP financials and quantitative analysis

AVRI Latest News

AVRI Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for AVRI.

Price Targets

Wall Street price target analysis for AVRI.

AVRI MoonshotScore

MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for AVRI; grades run from A+ (80-100) to F (below 30).

Leadership: Salmon Mahmood

Chief Executive Officer

Salmon Mahmood serves as the Chief Executive Officer of Innovation Nation Inc., overseeing the strategic direction and operational execution for the global IT and telecom engineering firm. With a background likely rooted in technology, engineering, or business management, Mahmood is responsible for leading a team of 92 employees. His career trajectory would typically involve significant experience in managing complex technology projects, developing strategic partnerships, and driving business growth within the IT and telecommunications sectors. This experience would be crucial in navigating the diverse service offerings and global client base of Innovation Nation Inc.

Track Record: Under Salmon Mahmood's leadership, Innovation Nation Inc. continues to provide a broad array of IT and telecom engineering and consulting services to enterprises worldwide. A notable strategic decision during his tenure includes the company's rebranding from Averox, Inc. to Innovation Nation Inc. in January 2022, which likely aimed to refresh the company's image and better reflect its current market positioning and service capabilities. His management focuses on delivering comprehensive solutions, from project management to specialized telecom infrastructure, for the company's global clientele.

AVRI OTC Market Information

Innovation Nation Inc. trades on the OTC market under the 'OTC Other' tier. This tier typically includes companies that do not meet the disclosure requirements for OTCQX or OTCQB, or choose not to provide financial information to OTC Markets Group. Companies in this tier often have limited public information available, which can make it challenging for investors to conduct thorough due diligence. Unlike stocks listed on major exchanges like NYSE or NASDAQ, which have stringent listing standards regarding financial reporting, corporate governance, and minimum share prices, 'OTC Other' companies operate with significantly less oversight and disclosure requirements, presenting a different risk profile for investors.

  • OTC Tier: OTC Other
Liquidity: Given the reported market capitalization of $0.00B and the 'OTC Other' tier with 'Unknown' disclosure, the liquidity for AVRI stock is likely extremely low. Trading volume may be minimal or non-existent, leading to wide bid-ask spreads and significant difficulty in buying or selling shares at a desired price. Investors may face challenges in executing trades efficiently, and there is a high risk of being unable to liquidate positions without substantial price impact. This illiquidity is a common characteristic of companies with limited public information and negligible market valuation.
OTC Risk Factors:
  • Limited or 'Unknown' public financial disclosure, making it difficult to assess the company's financial health and operational performance.
  • Extremely low or non-existent market capitalization and trading volume, leading to severe illiquidity and difficulty in buying or selling shares.
  • Lack of regulatory oversight compared to major exchanges, increasing the potential for fraud or misleading information.
  • Difficulty in obtaining reliable valuation metrics due to limited financial data and market activity.
  • Potential for significant price volatility if any trading occurs, given the low liquidity and lack of transparent information.
Due Diligence Checklist:
  • Verify the company's current operational status and any recent business developments directly from official company communications, if available.
  • Attempt to locate any independent financial statements or reports beyond what is publicly available on OTC Markets Group.
  • Research any news, press releases, or regulatory filings (if any exist) that might shed light on the company's activities or financial position.
  • Assess the management team's background and track record, looking for any red flags or inconsistencies.
  • Understand the company's revenue generation model and client base, seeking evidence of ongoing contracts or projects.
  • Investigate any legal or regulatory actions against the company or its leadership.
  • Consider the potential for dilution if the company seeks to raise capital through private placements or further share issuances.
Legitimacy Signals:
  • The company has a clearly stated business description, offering a wide range of IT and telecom services.
  • It has a physical headquarters in Novi, Michigan, US, and a stated number of employees (92).
  • The company underwent a name change in January 2022, indicating an active corporate history.
  • Salmon Mahmood is identified as the CEO, providing a named individual responsible for leadership.
  • The company's service offerings are consistent with established segments within the technology and telecom industries.

AVRI Technology Stock FAQ

What are the implications of Innovation Nation Inc. trading on the OTC market?

Trading on the OTC market, specifically in the 'OTC Other' tier with an 'Unknown' disclosure status, carries several implications for Innovation Nation Inc. and its investors.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated

MoonshotScore is not published for this security.

Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • The financial data provided, particularly the $0.00B market cap, -1022.7% profit margin, and 100.0% gross margin, are highly unusual and suggest potential data anomalies or a unique financial situation that warrants extreme caution and further investigation beyond the scope of this analysis.
  • The 'Unknown' disclosure status for the OTC listing significantly limits the depth of financial and operational analysis possible.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis