INVO Bioscience, Inc. (INVO)

USD 0.83

(-2.0%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 3.02 Million 822.19 Thousand 4.16 Million 1.03 Million 1.48 Million 494.37 Thousand
Cost of Revenue 1.93 Million 331.52 Thousand 145.05 Thousand 88.76 Thousand 139.67 Thousand 90.36 Thousand
Gross Profit 1.08 Million 490.67 Thousand 4.01 Million 948.52 Thousand 1.34 Million 404 Thousand
Operating Expenses 7.85 Million 11.11 Million 9.23 Million 6.46 Million 3.12 Million 3.03 Million
Selling, General and Administrative Expenses 7.48 Million 10.57 Million 9.01 Million 6.06 Million 3.12 Million 3.03 Million
Research and Development Expenses 165.94 Thousand 544.04 Thousand 216.43 Thousand 398.42 Thousand - -
Other Expenses 200.89 Thousand - - - - 3.03 Million
Cost and Expenses 9.78 Million 11.44 Million 9.37 Million 6.55 Million 3.26 Million 3.12 Million
Operating Income -6.76 Million -10.62 Million -5.21 Million -5.51 Million -1.78 Million -2.63 Million
Interest Expense 925.9 Thousand 59.44 Thousand 1.26 Million 2.83 Million 379.01 Thousand 442.03 Thousand
Income Tax Expense 27.78 Thousand 2872.00 4764.00 36.00 433.00 -155.95 Thousand
Earnings before Tax -8 Million -10.88 Million -6.65 Million -8.34 Million -2.16 Million -3.07 Million
Net Income -8.03 Million -10.89 Million -6.65 Million -8.34 Million -2.16 Million -3.07 Million
Earnings Per Share Basic -5.13 -17.97 -12.52 -30.41 -8.93 -12.76
Earnings Per Share Diluted -5.13 -17.97 -12.52 -30.41 -8.93 -12.76
Weighted Average Shares Outstanding 1.56 Million 606.13 Thousand 531.62 Thousand 274.48 Thousand 242.74 Thousand 241.08 Thousand
Weighted Average Shares Outstanding (Diluted) 1.56 Million 606.13 Thousand 531.62 Thousand 274.48 Thousand 242.74 Thousand 241.08 Thousand
Gross Margin 0.36 0.60 0.97 0.91 0.91 0.82
EBIT Margin -2.19 -13.17 -1.29 -5.31 -1.21 -5.32
Profit Margin -2.66 -13.25 -1.60 -8.05 -1.46 -6.22
EBITDA -6.88 Million -10.52 Million -5.21 Million -5.47 Million -1.76 Million -2.62 Million
Earnings Before Tax Margin -2.24 -12.92 -1.25 -5.32 -1.21 -5.33

Income Statement Charts