Invitro International (IVRO) Stock Price

Invitro International Price

OTC·CLOSED
0.06USD-0.02 (-28.49 %)
Market closed

Over the last 18 years Invitro International grew revenue by 0.9% annually, reaching 793,000.00 USD. Earnings per share have declined at 17.2% per year over the last 5 years. For Invitro International, the net margin of 0.9% is down versus 2.6% a few years ago. The stock trades about 11% above its 52-week low.

Invitro International stock price

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Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Invitro International over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Invitro International stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Invitro International's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Invitro International Stock Price History
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Invitro International Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2005
671,000.00 USD
11,000.00 USD
15,000.00 USD
Jan 1, 2006
609,000.00 USD
11,000.00 USD
16,000.00 USD
Jan 1, 2007
741,700.00 USD
61,400.00 USD
69,300.00 USD
Jan 1, 2008
696,600.00 USD
56,200.00 USD
65,200.00 USD
Jan 1, 2009
755,500.00 USD
42,400.00 USD
50,900.00 USD
Jan 1, 2010
716,900.00 USD
-13,200.00 USD
6,200.00 USD
Jan 1, 2022
0.00 USD
-117,000.00 USD
0.00 USD
Jan 1, 2023
793,000.00 USD
-25,000.00 USD
0.00 USD

Invitro International Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 28, 2026, 3:16 AM
 
SHARESM
20052006200720082009201020222023
16.8216.8216.8216.8216.8917.8223.3023.76
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Invitro International generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Invitro International retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Invitro International's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Invitro International has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Invitro International's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Invitro International stock margins

The Invitro International margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Invitro International. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Invitro International.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2005
80.20 %
1.64 %
2.24 %
Jan 1, 2006
80.20 %
1.81 %
2.63 %
Jan 1, 2007
80.20 %
8.28 %
9.34 %
Jan 1, 2008
80.20 %
8.07 %
9.36 %
Jan 1, 2009
80.20 %
5.61 %
6.74 %
Jan 1, 2010
80.20 %
-1.84 %
0.86 %
Jan 1, 2022
80.20 %
- %
0.00 %
Jan 1, 2023
80.20 %
-3.15 %
0.00 %

Invitro International Stock Revenue, EBIT, Earnings per Share

The Invitro International earnings per share therefore indicates how much revenue Invitro International has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2005
0.04 USD
0.00 USD
0.00 USD
Jan 1, 2006
0.04 USD
0.00 USD
0.00 USD
Jan 1, 2007
0.04 USD
0.00 USD
0.00 USD
Jan 1, 2008
0.04 USD
0.00 USD
0.00 USD
Jan 1, 2009
0.04 USD
0.00 USD
0.00 USD
Jan 1, 2010
0.04 USD
-0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
-0.01 USD
0.00 USD
Jan 1, 2023
0.03 USD
-0.00 USD
0.00 USD

Invitro International business model & stock analysis

Invitro International is a leading company in the development of cell and tissue cultures as well as test systems for the pharmaceutical, cosmetic, and biotechnology industry. The company was founded in 1982 by Dr. George K. J. Uehara, a renowned scientist and specialist in the field of cell culture technology. His aim was to create a reliable alternative to animal testing to meet the industry's need for safe and effective test systems. Invitro International offers a wide range of products, including cell cultures and tissue samples derived from human or animal tissue. These are of the highest quality and are manufactured under strict quality controls. The tissue cultures are obtained from living organs and are ideal for the development of new drugs and cosmetics, as well as for studying the effects of environmental toxins and chemicals. Another focus of Invitro International is the development of test systems tailored to the needs of customers. These can include in vitro tests on cell and tissue cultures, as well as molecular analysis and screening methods. The company is divided into various industries and sectors, including pharmaceutical research, toxicology, cosmetics industry, biotechnology, and environmental research. Each of these sectors is supervised by specialized scientists and experts who have in-depth knowledge and experience in their respective fields. Invitro International places great emphasis on environmentally friendly and ethical standards in the development of new test systems and products. The company is also involved in various initiatives to promote alternatives to animal testing and actively advocates for the protection and welfare of animals. One of Invitro International's most well-known products is the Eye Irritation Test System (EITS), which is widely used in the cosmetics industry. It is a reliable in vitro test that determines the eye irritation potentials of new products based on human tissue. Invitro International has become a leading company in the field of cell culture technology and is now known worldwide for its high-quality products and services. The company takes pride in offering its customers safe, effective, and environmentally friendly test systems and is committed to continuing to develop innovative solutions to meet the industry's requirements.

Invitro International SWOT Analysis

Strengths

Invitro International possesses several strengths that contribute to its success:

Invitro International specializes in developing and manufacturing cutting-edge in vitro testing solutions, which allows it to offer accurate and reliable alternatives to animal testing.

Weaknesses

Despite its strengths, Invitro International also faces certain weaknesses that could hinder its progress:

Compared to some of its larger competitors, Invitro International may have lower market recognition, which could pose challenges in terms of customer acquisition and competition.

Opportunities

There are several opportunities that Invitro International can leverage to further expand its business:

With increasing concerns over animal welfare and regulatory pressure to reduce or replace animal testing, Invitro International can capitalize on the rising demand for its in vitro testing solutions.

Threats

Invitro International should also be mindful of potential threats that could impact its growth and success:

The market for in vitro testing solutions is becoming increasingly competitive, with new entrants and existing players continuously innovating. Invitro International must stay ahead of the competition to maintain its market share.

Invitro International Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Invitro International historical P/E ratio, EBIT multiple, and P/S ratio

Invitro International annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Invitro International shares outstanding

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Number of stocks
Details
Date
Number of stocks
Jan 1, 2005
16.82 M Stocks
Jan 1, 2006
16.82 M Stocks
Jan 1, 2007
16.82 M Stocks
Jan 1, 2008
16.82 M Stocks
Jan 1, 2009
16.89 M Stocks
Jan 1, 2010
17.82 M Stocks
Jan 1, 2022
23.30 M Stocks
Jan 1, 2023
23.76 M Stocks
Price targets and forecasts for Invitro International are not yet available.

Invitro International Executives and Management Board

WU

W. Richard Ulmer

(59)

President, Chief Executive Officer, Director · since 1994

Compensation139,518.00 USD
DC

Dennis Chenoweth

(57)

Senior Vice President, Director · since 1995

Compensation125,849.00 USD
IG

Irwin Gruverman

(78)

Chairman of the Board · since 1993

WC

William Curtis

(61)

Secretary, Director · since 1985

DR

Mr. David Reed

(75)

Director

Frequently asked questions about Invitro International

The business model of Invitro International focuses on providing advanced in vitro testing solutions for pharmaceutical, chemical, and cosmetic industries. Invitro International offers a wide range of cutting-edge testing services, including biocompatibility, toxicity, and safety assessment studies. Their expertise lies in utilizing innovative technologies to mimic realistic biological conditions and accurately predict the potential effects of substances on human health. With a strong commitment to scientific excellence, customer satisfaction, and regulatory compliance, Invitro International plays a vital role in helping companies ensure product safety and efficacy. By continuously enhancing their testing capabilities and staying at the forefront of scientific advancements, Invitro International remains a trusted partner in the field of in vitro testing.