Financial Snapshot

Revenue
$5.770M
TTM
Gross Margin
43.74%
TTM
Net Earnings
-$7.085M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
29.99%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$1.364M
Q2 2024
Cash
Q2 2024
P/E
-0.4593
Nov 13, 2024 EST
Free Cash Flow
-$3.971M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $3.021M $822.2K $4.160M $1.040M $1.480M $490.0K $280.0K $50.00K $10.00K $20.00K $30.00K $60.00K $70.00K $70.00K $60.00K $40.00K $0.00 $0.00
YoY Change 267.38% -80.24% 300.01% -29.73% 202.04% 75.0% 460.0% 400.0% -50.0% -33.33% -50.0% -14.29% 0.0% 16.67% 50.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $3.021M $822.2K $4.160M $1.040M $1.480M $490.0K $280.0K $50.00K $10.00K $20.00K $30.00K $60.00K $70.00K $70.00K $60.00K $40.00K $0.00 $0.00
Cost Of Revenue $1.934M $331.5K $145.1K $90.00K $140.0K $90.00K $50.00K $20.00K $10.00K $10.00K $10.00K $20.00K $20.00K $20.00K $40.00K $10.00K
Gross Profit $1.086M $490.7K $4.015M $950.0K $1.340M $400.0K $230.0K $40.00K $0.00 $10.00K $20.00K $40.00K $50.00K $50.00K $20.00K $30.00K
Gross Profit Margin 35.96% 59.68% 96.51% 91.35% 90.54% 81.63% 82.14% 80.0% 0.0% 50.0% 66.67% 66.67% 71.43% 71.43% 33.33% 75.0%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Selling, General & Admin $7.486M $10.57M $9.015M $6.070M $3.130M $3.040M $870.0K $2.150M $600.0K $1.690M $620.0K $590.0K $760.0K $1.560M $1.860M $1.840M $180.0K $10.00K
YoY Change -29.19% 17.28% 48.52% 93.93% 2.96% 249.43% -59.53% 258.33% -64.5% 172.58% 5.08% -22.37% -51.28% -16.13% 1.09% 922.22% 1700.0%
% of Gross Profit 689.27% 2154.82% 224.53% 638.95% 233.58% 760.0% 378.26% 5375.0% 16900.0% 3100.0% 1475.0% 1520.0% 3120.0% 9300.0% 6133.33%
Research & Development $166.0K $544.0K $216.4K $400.0K $0.00 $10.00K $50.00K $30.00K
YoY Change -69.5% 151.37% -45.89% -100.0% -80.0% 66.67%
% of Gross Profit 15.28% 110.88% 5.39% 42.11% 0.0% 50.0% 166.67%
Depreciation & Amortization $200.9K $77.30K $27.76K $10.00K $10.00K $10.00K $0.00 $0.00 $10.00K $10.00K $10.00K $10.00K $20.00K $10.00K $10.00K $10.00K $10.00K $10.00K
YoY Change 159.88% 178.46% 177.6% 0.0% 0.0% -100.0% 0.0% 0.0% 0.0% -50.0% 100.0% 0.0% 0.0% 0.0% 0.0%
% of Gross Profit 18.5% 15.75% 0.69% 1.05% 0.75% 2.5% 0.0% 0.0% 100.0% 50.0% 25.0% 40.0% 20.0% 50.0% 33.33%
Operating Expenses $7.853M $11.12M $9.232M $6.460M $3.130M $3.040M $870.0K $2.140M $600.0K $1.690M $620.0K $590.0K $750.0K $1.560M $1.870M $1.890M $210.0K $10.00K
YoY Change -29.36% 20.43% 42.9% 106.39% 2.96% 249.43% -59.35% 256.67% -64.5% 172.58% 5.08% -21.33% -51.92% -16.58% -1.06% 800.0% 2000.0%
Operating Profit -$6.767M -$10.63M -$5.217M -$5.510M -$1.790M -$2.640M -$640.0K -$2.100M -$600.0K -$1.680M -$600.0K -$550.0K -$700.0K -$1.510M -$1.850M -$1.860M
YoY Change -36.32% 103.71% -5.33% 207.82% -32.2% 312.5% -69.52% 250.0% -64.29% 180.0% 9.09% -21.43% -53.64% -18.38% -0.54%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Interest Expense -$986.6K $59.45K -$1.593M -$2.830M -$380.0K -$440.0K -$20.00K -$10.00K -$30.00K -$50.00K -$160.0K -$120.0K -$60.00K $1.360M -$2.820M -$10.00K $0.00
YoY Change -1759.69% -103.73% -43.72% 644.74% -13.64% 2100.0% 100.0% -66.67% -40.0% -68.75% 33.33% 100.0% -104.41% -148.23% 28100.0%
% of Operating Profit
Other Income/Expense, Net -$1.240M -$263.2K -$1.434M $0.00 $0.00 $0.00 $0.00 -$30.00K
YoY Change 371.07% -81.64% -100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Pretax Income -$8.007M -$10.89M -$6.650M -$8.350M -$2.170M -$3.080M -$700.0K -$2.120M -$4.960M -$1.730M -$760.0K -$670.0K -$800.0K -$150.0K -$4.660M -$1.870M -$210.0K -$10.00K
YoY Change -26.47% 63.75% -20.36% 284.79% -29.55% 340.0% -66.98% -57.26% 186.71% 127.63% 13.43% -16.25% 433.33% -96.78% 149.2% 790.48% 2000.0%
Income Tax $27.79K $2.872K $4.760K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$8.035M -$10.90M -$6.655M -$8.350M -$2.170M -$3.080M -$700.0K -$2.120M -$4.960M -$1.730M -$760.0K -$670.0K -$800.0K -$150.0K -$4.660M -$1.870M -$210.0K -$10.00K
YoY Change -26.29% 63.79% -20.3% 284.79% -29.55% 340.0% -66.98% -57.26% 186.71% 127.63% 13.43% -16.25% 433.33% -96.78% 149.2% 790.48% 2000.0%
Net Earnings / Revenue -266.0% -1325.72% -159.97% -802.88% -146.62% -628.57% -250.0% -4240.0% -49600.0% -8650.0% -2533.33% -1116.67% -1142.86% -214.29% -7766.67% -4675.0%
Basic Earnings Per Share -$5.13 -$0.90 -$0.63
Diluted Earnings Per Share -$5.13 -$0.90 -$625.9K -$1.521M -$447.4K -$669.6K -$158.4K -$487.4K -$1.234M -$491.5K -$226.9K -$241.0K -$325.2K -$75.76K -$2.725M -$1.626M -$272.7K -$8.696K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Cash & Short-Term Investments $232.4K $90.14K $5.685M $10.10M $1.240M $210.0K $30.00K $150.0K $490.0K $20.00K $20.00K $10.00K $0.00 $10.00K $80.00K $20.00K $0.00 $10.00K
YoY Change 157.84% -98.41% -43.71% 714.52% 490.48% 600.0% -80.0% -69.39% 2350.0% 0.0% 100.0% -100.0% -87.5% 300.0% -100.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $622.3K $190.2K $282.8K $160.0K $200.0K $250.0K $60.00K $10.00K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $50.00K $70.00K $0.00
YoY Change 227.18% -32.73% 76.72% -20.0% -20.0% 316.67% 500.0% -100.0% -28.57%
Inventory $264.5K $263.6K $287.8K $270.0K $100.0K $40.00K $60.00K $90.00K $70.00K $60.00K $70.00K $50.00K $60.00K $70.00K $60.00K $70.00K $0.00
Prepaid Expenses
Receivables $140.6K $77.15K $50.47K $20.00K $10.00K $230.0K $90.00K $0.00 $0.00 $0.00 $0.00 $10.00K $10.00K $20.00K $0.00 $30.00K $0.00
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $10.00K $0.00
Total Short-Term Assets $1.260M $621.1K $6.306M $10.54M $1.540M $730.0K $230.0K $250.0K $560.0K $80.00K $90.00K $80.00K $70.00K $100.0K $190.0K $200.0K $0.00 $10.00K
YoY Change 102.83% -90.15% -40.17% 584.42% 110.96% 217.39% -8.0% -55.36% 600.0% -11.11% 12.5% 14.29% -30.0% -47.37% -5.0% -100.0%
Property, Plant & Equipment $6.567M $2.245M $2.538M $210.0K $190.0K $30.00K $20.00K $20.00K $0.00 $0.00 $0.00 $10.00K $20.00K $20.00K $30.00K $40.00K $0.00
YoY Change 192.56% -11.57% 1108.8% 10.53% 533.33% 50.0% 0.0% -100.0% -50.0% 0.0% -33.33% -25.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.088M $1.238M $1.490M $100.0K
YoY Change 149.48% -16.92% 1389.93%
Other Assets $0.00 $0.00 $10.00K
YoY Change
Total Long-Term Assets $19.63M $3.483M $4.161M $410.0K $260.0K $50.00K $40.00K $40.00K $20.00K $30.00K $30.00K $50.00K $60.00K $80.00K $100.0K $110.0K $60.00K $30.00K
YoY Change 463.6% -16.29% 914.76% 57.69% 420.0% 25.0% 0.0% 100.0% -33.33% 0.0% -40.0% -16.67% -25.0% -20.0% -9.09% 83.33% 100.0%
Total Assets $20.89M $4.104M $10.47M $10.95M $1.800M $780.0K $270.0K $290.0K $580.0K $110.0K $120.0K $130.0K $130.0K $180.0K $290.0K $310.0K $60.00K $40.00K
YoY Change
Accounts Payable $2.330M $1.349M $443.4K $330.0K $370.0K $570.0K $960.0K $970.0K $1.030M $1.220M $1.150M $1.060M $950.0K $630.0K $680.0K $230.0K $10.00K $0.00
YoY Change 72.74% 204.24% 34.37% -10.81% -35.09% -40.63% -1.03% -5.83% -15.57% 6.09% 8.49% 11.58% 50.79% -7.35% 195.65% 2200.0%
Accrued Expenses $1.120M $1.178M $803.7K $550.0K $410.0K $2.520M $3.960M $3.580M $3.090M $2.700M $2.310M $1.920M $1.540M $1.400M $730.0K $610.0K $0.00 $0.00
YoY Change -4.93% 46.56% 46.12% 34.15% -83.73% -36.36% 10.61% 15.86% 14.44% 16.88% 20.31% 24.68% 10.0% 91.78% 19.67%
Deferred Revenue
YoY Change
Short-Term Debt $880.0K $662.6K $0.00 $0.00 $0.00 $260.0K $210.0K $220.0K $220.0K $540.0K $470.0K $470.0K $490.0K $460.0K $210.0K $90.00K $50.00K $0.00
YoY Change 32.8% -100.0% 23.81% -4.55% 0.0% -59.26% 14.89% 0.0% -4.08% 6.52% 119.05% 133.33% 80.0%
Long-Term Debt Due $629.9K $100.0K $0.00 $690.0K $0.00 $130.0K
YoY Change 529.92% -100.0% -100.0%
Total Short-Term Liabilities $8.219M $3.409M $1.253M $2.290M $1.500M $3.500M $5.130M $4.770M $4.340M $4.470M $3.940M $3.500M $3.050M $2.660M $3.520M $930.0K $60.00K $0.00
YoY Change 141.06% 172.1% -45.28% 52.67% -57.14% -31.77% 7.55% 9.91% -2.91% 13.45% 12.57% 14.75% 14.66% -24.43% 278.49% 1450.0%
Long-Term Debt $1.254M $0.00 $0.00 $0.00 $350.0K $0.00 $130.0K $130.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $60.00K $90.00K $0.00
YoY Change -100.0% -100.0% 0.0% -100.0% -33.33%
Other Long-Term Liabilities $10.52M $1.670M $1.902M $2.920M $3.650M
YoY Change 530.08% -12.18% -34.88% -20.0%
Total Long-Term Liabilities $11.78M $1.670M $1.902M $2.920M $4.000M $0.00 $130.0K $130.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $60.00K $90.00K $0.00
YoY Change 605.18% -12.18% -34.88% -27.0% -100.0% 0.0% -100.0% -33.33%
Total Liabilities $19.99M $5.081M $3.156M $5.200M $5.510M $3.500M $5.260M $4.900M $4.340M $4.470M $3.940M $3.500M $3.050M $2.660M $3.520M $990.0K $160.0K $0.00
YoY Change 293.5% 61.02% -39.31% -5.63% 57.43% -33.46% 7.35% 12.9% -2.91% 13.45% 12.57% 14.75% 14.66% -24.43% 255.56% 518.75%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Basic Shares Outstanding 1.566M shares 12.12M shares 10.63M shares
Diluted Shares Outstanding 1.566M shares 12.12M shares 10.63M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $3.2538 Million

About

INVO BioScience, Inc. is a fertility company. The company is headquartered in Lakewood Ranch, Florida and currently employs 25 full-time employees. The company went IPO on 2008-11-11. The firm is focused on expanding the assisted reproductive technology (ART) marketplace by making fertility care accessible and inclusive to people around the world. The Company’s flagship product is INVOcell, a medical device that allows fertilization and early embryo development to take place in vivo within the woman’s body. Its treatment solution is the intravaginal culture technique for the incubation of oocytes and sperm during fertilization and early embryo development. Its technique, designated as IVC, provides patients a more connected and intimate experience at a more affordable cost in comparison to in vitro fertilization (IVF), the other advanced ART treatment. Its commercialization strategy is focused on the opening of INVO Centers offering the INVOcell and IVC procedure and the acquisition of existing IVF clinics. The firm operates three INVO Centers in North America.

Industry: Surgical & Medical Instruments & Apparatus Peers: Abbott Laboratories AETHLON MEDICAL INC BRAIN SCIENTIFIC INC. NANOMIX Corp Femasys Inc Myomo Inc NanoVibronix, Inc. Tenon Medical Inc Tivic Health Systems, Inc.