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Invo Bioscience Inc (INVO)

Invo Bioscience Inc (INVO)
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INVO Bioscience is a medical device company, headquartered in Beverly, Massachusetts, focused on creating simplified, lower cost treatment options for patients diagnosed with infertility. It engages in the development and manufacture of its lead product, INVOcell, a novel medical device used in infertility treatment that enables egg fertilization and early embryo development in the woman's vaginal cavity. The company was founded by Claude Ranoux, MD, a noted expert in the field of reproductive health, infertility and embryology. INVO Bioscience focuses on selling its product to IVF centers and physicians through distributors, as well as directly to physicians in Europe, Canada, Latin America, and the Middle East.
(Values in U.S. Thousands) Jun, 2024 Mar, 2024 Dec, 2023 Sep, 2023 Jun, 2023
Sales 1,840 1,580 1,380 970 320
Sales Growth +16.46% +14.49% +42.27% +203.13% -8.57%
Net Income -2,250 -1,600 -1,990 -1,250 -2,240
Net Income Growth -40.63% +19.60% -59.20% +44.20% +12.16%
(Values in U.S. Thousands) Jun, 2024 Mar, 2024 Dec, 2023 Sep, 2023 Jun, 2023
Total Assets 18,030 18,320 20,890 19,480 6,640
Total Assets Growth -1.58% -12.30% +7.24% +193.37% +7.97%
Total Liabilities 16,670 18,310 19,990 19,100 8,340
Total Liabilities Growth -8.96% -8.40% +4.66% +129.02% +37.62%
(Values in U.S. Thousands) Jun, 2024 Mar, 2024 Dec, 2023 Sep, 2023 Jun, 2023
Operating Cash Flow -1,720 -260 -4,760 -4,040 -2,790
Operating Cash Flow Growth -561.54% +94.54% -17.82% -44.80% -142.61%
Net Cash Flow 710 240 140 970 20
Change in Net Cash Flow +195.83% +71.43% -85.57% +4,750.01% -99.05%
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