INVO Bioscience (INVO) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

INVO Bioscience Revenue Highlights

Latest Revenue (Y)

$3.02M

Latest Revenue (Q)

$1.58M

Main Segment (Y)

Clinic Revenue

INVO Bioscience Revenue by Period

INVO Bioscience Revenue by Year

Date	Revenue	Change
2023-12-31	$3.02M	267.38%
2022-12-31	$822.20K	-80.24%
2021-12-31	$4.16M	301.06%
2020-12-31	$1.04M	-29.92%
2019-12-31	$1.48M	199.41%
2018-12-31	$494.38K	75.22%
2017-12-31	$282.14K	454.30%
2016-12-31	$50.90K	335.46%
2015-12-31	$11.69K	-29.53%
2014-12-31	$16.59K	-38.71%
2013-12-31	$27.06K	-52.00%
2012-12-31	$56.38K	-21.15%
2011-12-31	$71.50K	5.70%
2010-12-31	$67.65K	7.03%
2009-12-31	$63.20K	66.35%
2008-12-31	$37.99K	100.00%
2007-12-31	-	100.00%
2006-12-31	-	-

INVO Bioscience generated $3.02M in revenue during NA 2023, up 267.38% compared to the previous quarter, and up 610.99% compared to the same period a year ago.

INVO Bioscience Revenue by Quarter

Date	Revenue	Change
2024-03-31	$1.58M	14.08%
2023-12-31	$1.38M	41.73%
2023-09-30	$974.89K	208.61%
2023-06-30	$315.90K	-9.23%
2023-03-31	$348.02K	25.12%
2022-12-31	$278.14K	18.20%
2022-09-30	$235.32K	61.03%
2022-06-30	$146.13K	-10.12%
2022-03-31	$162.60K	-94.67%
2021-12-31	$3.05M	1292.69%
2021-09-30	$218.87K	4.99%
2021-06-30	$208.47K	-69.54%
2021-03-31	$684.52K	248.23%
2020-12-31	$196.57K	-41.51%
2020-09-30	$336.07K	36.57%
2020-06-30	$246.07K	-4.83%
2020-03-31	$258.57K	-21.30%
2019-12-31	$328.57K	8.24%
2019-09-30	$303.57K	-53.91%
2019-06-30	$658.64K	247.69%
2019-03-31	$189.43K	22.22%
2018-12-31	$154.99K	23.96%
2018-09-30	$125.03K	13.45%
2018-06-30	$110.21K	5.83%
2018-03-31	$104.14K	28.01%
2017-12-31	$81.36K	19.25%
2017-09-30	$68.22K	-15.08%
2017-06-30	$80.33K	53.77%
2017-03-31	$52.24K	448.91%
2016-12-31	$9.52K	-46.63%
2016-09-30	$17.83K	227.41%
2016-06-30	$5.45K	-69.92%
2016-03-31	$18.11K	100.00%
2015-12-31	-	-100.00%
2015-09-30	$2.51K	-54.73%
2015-06-30	$5.55K	53.13%
2015-03-31	$3.63K	-3.97%
2011-12-31	$3.77K	-70.69%
2011-09-30	$12.88K	-40.90%
2011-06-30	$21.79K	-34.08%
2011-03-31	$33.06K	11.47%
2010-12-31	$29.66K	100.00%
2010-09-30	-	-100.00%
2010-06-30	$11.17K	-58.34%
2010-03-31	$26.82K	288.36%
2009-12-31	$6.91K	142.15%
2009-09-30	$2.85K	-82.85%
2009-06-30	$16.63K	-54.83%
2009-03-31	$36.81K	100.00%
2008-12-31	-	100.00%
2008-09-30	-	100.00%
2008-06-30	-	100.00%
2008-03-31	-	100.00%
2007-12-31	-	100.00%
2007-09-30	-	100.00%
2007-06-30	-	100.00%
2007-03-31	-	-

INVO Bioscience generated $1.58M in revenue during Q1 2024, up 14.08% compared to the previous quarter, and up 566.72% compared to the same period a year ago.

INVO Bioscience Revenue Breakdown

INVO Bioscience Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 22	Dec 21	Dec 20	Dec 19
Clinic Revenue	$614.85K	$43.74K	-	-
Product Revenue	-	$544.94K	-	-
License Revenue	-	$3.57M	-	-
DomesticLicensingDistributionFeeMember	-	-	$714.29K	-
DomesticPhysiciansMember	-	-	$323.00K	-
Domestic Physicians	-	-	-	$765.93K
Domestic Licensing Distribution Fee	-	-	-	$714.29K

INVO Bioscience's latest annual revenue breakdown by segment (product or service), as of Dec 22: Clinic Revenue (100.00%).

Quarterly Revenue by Product

Product/Service	Jun 24	Mar 24	Sep 23	Jun 23	Mar 23	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Sep 19	Jun 19	Mar 19
Product	$28.68K	$39.09K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Clinic Revenue	-	-	$947.89K	$254.36K	$297.38K	$176.40K	$112.36K	$105.85K	$6.23K	$37.51K	-	-	-	-	-	-	-	-	-
Product Revenue	-	-	-	-	-	-	$33.78K	$56.75K	$6.30K	$2.79K	$29.90K	-	-	-	-	-	-	-	-
License Revenue	-	-	-	-	-	-	-	-	$3.04M	$178.57K	$178.57K	$178.57K	-	-	-	-	-	-	-
DomesticLicensingDistributionFeeMember	-	-	-	-	-	-	-	-	-	-	-	-	$178.57K	$178.57K	$178.57K	-	-	-	-
DomesticPhysiciansMember	-	-	-	-	-	-	-	-	-	-	-	-	$18.00K	$157.50K	$67.50K	-	-	-	-
Domestic Physicians	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$80.00K	$125.00K	$480.07K	$10.86K
Domestic Licensing Distribution Fee	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$178.57K	$178.57K	$178.57K	$178.57K

INVO Bioscience's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Product (100.00%).

INVO Bioscience Revenue Breakdown by Country

Quarterly Revenue by Country

Country	Mar 23	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Sep 19	Jun 19	Mar 19
Clinic Revenue	$297.38K	$176.40K	$112.36K	$105.85K	$6.23K	$37.51K	-	-	-	-	-	-	-	-	-
Product Revenue	-	-	$33.78K	$56.75K	$6.30K	$2.79K	$29.90K	-	-	-	-	-	-	-	-
License Revenue	-	-	-	-	$3.04M	$178.57K	$178.57K	$178.57K	-	-	-	-	-	-	-
DomesticLicensingDistributionFeeMember	-	-	-	-	-	-	-	-	$178.57K	$178.57K	$178.57K	-	-	-	-
DomesticPhysiciansMember	-	-	-	-	-	-	-	-	$18.00K	$157.50K	$67.50K	-	-	-	-
Domestic Licensing Distribution Fee	-	-	-	-	-	-	-	-	-	-	-	$178.57K	$178.57K	$178.57K	$178.57K
Domestic Physicians	-	-	-	-	-	-	-	-	-	-	-	$80.00K	$125.00K	$480.07K	$10.86K

INVO Bioscience's latest quarterly revenue breakdown by geography, as of Mar 23: Clinic Revenue (100.00%).

INVO Bioscience Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CLPS	CLPS In	$150.36M	$71.77M
INVO	INVO Bioscience	$3.02M	$1.58M
NLSP	NLS Pharmaceutics	-	-
LIXT	Lixte Biotechnology	-	-
ENTX	Entera Bio	-	$42.00K
ENVB	Enveric Biosciences	-	-

INVO Revenue FAQ

What is INVO Bioscience’s yearly revenue?

INVO Bioscience's yearly revenue for 2023 was $3.02M, representing an increase of 267.38% compared to 2022. The company's yearly revenue for 2022 was $822.2K, representing a decrease of -80.24% compared to 2021. INVO's yearly revenue for 2021 was $4.16M, representing an increase of 301.06% compared to 2020.

What is INVO Bioscience’s quarterly revenue?

INVO Bioscience's quarterly revenue for Q1 2024 was $1.58M, a 14.08% increase from the previous quarter (Q4 2023), and a 352.92% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $1.38M, a 41.73% increase from the previous quarter (Q3 2023), and a 396.78% increase year-over-year (Q4 2022). INVO's quarterly revenue for Q3 2023 was $974.89K, a 208.61% increase from the previous quarter (Q2 2023), and a 314.28% increase year-over-year (Q3 2022).

What is INVO Bioscience’s revenue growth rate?

INVO Bioscience's revenue growth rate for the last 3 years (2021-2023) was -27.39%, and for the last 5 years (2019-2023) was 104.06%.

What are INVO Bioscience’s revenue streams?

INVO Bioscience's revenue streams in c 22 are Clinic Revenue

What is INVO Bioscience’s main source of revenue?

For the fiscal year ending Dec 22, the largest source of revenue of INVO Bioscience was Clinic Revenue. This segment made a revenue of $614.85K, representing 100.00% of the company's total revenue.