INVO Bioscience
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. INVO Bioscience's past years’ income statements indicate that its last revenue has increased compared to the previous period by 267% to $3,020,575. The net income raised on -$8,034,612 and profit margin reached -266%. Total operating expenses were $7,853,293.
Profit Margin
| 2014 | 16.58K | -1.73M | -10444.13% |
|---|---|---|---|
| 2015 | 11.68K | -4.95M | -42426.61% |
| 2016 | 50.90K | -2.12M | -4173.3% |
| 2017 | 282.14K | -702.16K | -248.87% |
| 2018 | 494.37K | -3.07M | -622.22% |
| 2019 | 1.48M | -2.16M | -146.43% |
| 2020 | 1.03M | -8.34M | -804.73% |
| 2021 | 4.16M | -6.65M | -159.97% |
| 2022 | 822.19K | -10.89M | -1324.81% |
| 2023 | 3.02M | -8.03M | -266% |
INVO Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 3.02M | 822.19K | 4.16M | 1.03M | 1.48M | 494.37K | 282.14K | 50.90K | 11.68K | 16.58K |
Cost of revenue | 1.93M | 331.52K | 145.05K | 88.76K | 139.67K | 90.36K | 51.95K | 15.09K | 7.81K | 7.68K |
Gross profit | 1.08M | 490.67K | 4.01M | 948.52K | 1.34M | 404.00K | 230.19K | 35.80K | 3.87K | 8.90K |
Operating exp. | ||||||||||
Research and development | 165.94K | 544.04K | 216.43K | 398.42K | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 7.85M | 11.11M | 9.23M | 6.46M | 3.12M | 3.03M | 870.61K | 2.14M | 598.95K | 1.68M |
Operating income | -6.76M | -10.62M | -5.21M | -5.51M | -1.78M | -2.63M | -640.42K | -2.11M | -595.07K | -1.68M |
Other income (expenses), net | -1.23M | -263.15K | -1.43M | -2.83M | -379.01K | -442.03K | -61.74K | -13.83K | -4.36M | -51.89K |
Income before tax | -8.00M | -10.88M | -6.65M | -8.34M | -2.16M | -3.07M | -702.16K | -2.12M | -4.95M | -1.73M |
Income tax expense | 27.78K | 2.87K | 4.76K | 36 | 433 | 0 | 20.87K | 0 | 32.01K | 0 |
Net income | -8.03M | -10.89M | -6.65M | -8.34M | -2.16M | -3.07M | -702.16K | -2.12M | -4.95M | -1.73M |
Earnings per share | ||||||||||
Basic EPS | -5.13 | -17.97 | -12.52 | -30.41 | -8.93 | -12.76 | -3.16 | -0.48 | -23.15 | -13.35 |
Diluted EPS | -5.13 | -17.97 | -12.52 | -30.41 | -8.93 | -12.76 | -3.16 | -0.48 | -23.15 | -13.35 |
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