InVitro International
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. InVitro International's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 7% to $792,628. Profit margin reached 0%. Total operating expenses were $661,324.

Profit Margin

InVitro International (OTC:IVRO): Profit margin
2014 686.11K 27.18K 3.96%
2015 994.71K 232.1K 23.33%
2017 855.61K 47.83K 5.59%
2019 1.05M 70.67K 6.71%
2020 1.10M 49.89K 4.52%
2021 1.00M 95.99K 9.57%
2022 853.51K 21.27K 2.49%
2023 792.62K 1.55K 0.2%

IVRO Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2017 2015 2014
Revenue
Revenue
792.62K853.51K1.00M1.10M1.05M855.61K994.71K686.11K
Cost of revenue
156.64K173.31K199.19K207.27K189.08K157.95K190.17K132.25K
Gross profit
635.98K680.19K804.20K897.53K863.65K697.65K804.53K553.86K
Operating exp.
Research and development
13.14K88.08K111.54K67.00K11.16K47.74K17.1K18.12K
Selling and marketing
24.62K74.21K0094.85K60.64K00
Total operating expenses
661.32K796.96K830.99K866.24K803.07K659.74K587.72K535.57K
Operating income
-25.33K-116.77K-26.79K31.29K60.58K37.92K226.18K18.25K
Other income (expenses), net
27.69K129.33K132.29K30.15K20.89K13.53K6.71K9.73K
Income before tax
2.35K12.56K105.50K61.44K81.47K48.65K232.9K27.98K
Income tax expense
800-8.71K9.51K11.54K10.80K823800800
Net income
1.55K21.27K95.99K49.89K70.67K47.83K232.1K27.18K
Earnings per share
Basic EPS
0.000.000.000.000.000.000.010.00
Diluted EPS
0.000.000.000.000.000.000.010.00