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Invo Bioscience Inc (INVOD)

Invo Bioscience Inc (INVOD)
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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) Dec, 2019 Dec, 2018 Dec, 2017 Dec, 2016 Dec, 2015
Sales 1,480 490 280 50 10
Sales Growth +202.04% +75.00% +459.99% +400.01% unch
Net Income -2,170 -3,080 -700 -2,120 -4,960
Net Income Growth +29.55% -340.00% +66.98% +57.26% -186.71%
(Values in U.S. Thousands) Dec, 2019 Dec, 2018 Dec, 2017 Dec, 2016 Dec, 2015
Total Assets 1,800 780 270 290 580
Total Assets Growth +130.77% +188.89% -6.90% -50.00% +479.99%
Total Liabilities 5,510 3,500 5,260 4,900 4,340
Total Liabilities Growth +57.43% -33.46% +7.35% +12.90% -2.69%
(Values in U.S. Thousands) Dec, 2019 Dec, 2018 Dec, 2017 Dec, 2016 Dec, 2015
Operating Cash Flow 1,370 -650 -180 -320 -150
Operating Cash Flow Growth +310.77% -261.11% +43.75% -113.33% -1,400.15%
Net Cash Flow 1,030 190 -130 -340 470
Change in Net Cash Flow +442.11% +246.16% +61.77% -172.34% unch
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