IVRO's Q3 Packed with Positives; Sales, Profits, and U.S. Government/Global Support for Animal Welfare
InVitro International (OTCQB: IVRO) reported strong financial results for Q3 FY '25, with sales reaching $234,430, marking a 39.7% increase from Q3 FY '24. Year-to-date sales hit $675,080, up 14.4% year-over-year, while net income reached $95,556 for the first three quarters, showing a 17.1% improvement.
CEO W. Richard Ulmer highlighted increasing interest from chemical companies due to cost and time advantages of in vitro testing over animal testing. The company's growth is further supported by Canada's ban on new cosmetics involving animal testing and U.S. government agencies' acceptance of validated in vitro test results.
InVitro International (OTCQB: IVRO) ha riportato risultati finanziari solidi per il terzo trimestre dell'anno fiscale 2025, con vendite che hanno raggiunto 234.430 $, segnando un aumento del 39,7% rispetto al terzo trimestre dell'anno fiscale 2024. Le vendite da inizio anno hanno toccato 675.080 $, in crescita del 14,4% rispetto all'anno precedente, mentre l'utile netto per i primi tre trimestri è stato di 95.556 $, con un miglioramento del 17,1%.
Il CEO W. Richard Ulmer ha sottolineato il crescente interesse da parte delle aziende chimiche grazie ai vantaggi in termini di costi e tempi dei test in vitro rispetto ai test sugli animali. La crescita dell'azienda è inoltre sostenuta dal divieto canadese sui nuovi cosmetici che prevedono test su animali e dall'accettazione da parte delle agenzie governative statunitensi dei risultati validati dei test in vitro.
InVitro International (OTCQB: IVRO) reportó sólidos resultados financieros para el tercer trimestre del año fiscal 2025, con ventas que alcanzaron $234,430, lo que representa un incremento del 39.7% respecto al tercer trimestre del año fiscal 2024. Las ventas acumuladas en el año llegaron a $675,080, un aumento del 14.4% interanual, mientras que el ingreso neto para los primeros tres trimestres fue de $95,556, mostrando una mejora del 17.1%.
El CEO W. Richard Ulmer destacó el creciente interés de las compañías químicas debido a las ventajas en costos y tiempo de las pruebas in vitro frente a las pruebas en animales. El crecimiento de la empresa también está respaldado por la prohibición en Canadá de nuevos cosméticos que involucren pruebas en animales y la aceptación por parte de agencias gubernamentales de EE.UU. de resultados validados de pruebas in vitro.
InVitro International (OTCQB: IVRO)은 2025 회계연도 3분기 강력� 재무 실적� 보고했으�, 매출은 234,430달러� 2024 회계연도 3분기 대� 39.7% 증가했습니다. 연간 누적 매출은 675,080달러� 전년 대� 14.4% 상승했으�, 순이익은 처음 � 분기 동안 95,556달러� 17.1% 개선되었습니�.
CEO W. Richard Ulmer� 인체�(in vitro) 테스트가 동물 실험� 비해 비용� 시간 면에� 이점� 있어 화학 회사들의 관심이 증가하고 있다� 강조했습니다. 또한 캐나다의 신규 화장� 동물 실험 금지와 미국 정부 기관들이 검증된 인체� 테스� 결과� 인정하는 점이 회사� 성장� 뒷받침하� 있습니다.
InVitro International (OTCQB : IVRO) a annoncé de solides résultats financiers pour le troisième trimestre de l'exercice 2025, avec des ventes atteignant 234 430 $, soit une augmentation de 39,7 % par rapport au troisième trimestre de l'exercice 2024. Les ventes cumulées depuis le début de l'année ont atteint 675 080 $, en hausse de 14,4 % sur un an, tandis que le bénéfice net pour les trois premiers trimestres s'élève à 95 556 $, soit une amélioration de 17,1 %.
Le PDG W. Richard Ulmer a souligné l'intérêt croissant des entreprises chimiques en raison des avantages en termes de coûts et de temps des tests in vitro par rapport aux tests sur animaux. La croissance de la société est également soutenue par l'interdiction au Canada des nouveaux cosmétiques impliquant des tests sur animaux et par l'acceptation par les agences gouvernementales américaines des résultats validés des tests in vitro.
InVitro International (OTCQB: IVRO) meldete starke Finanzergebnisse für das dritte Quartal des Geschäftsjahres 2025, mit einem Umsatz von 234.430 $, was einer Steigerung von 39,7 % gegenüber dem dritten Quartal des Geschäftsjahres 2024 entspricht. Der Umsatz seit Jahresbeginn erreichte 675.080 $, ein Anstieg von 14,4 % im Jahresvergleich, während der Nettogewinn für die ersten drei Quartale bei 95.556 $ lag und eine Verbesserung von 17,1 % zeigte.
CEO W. Richard Ulmer hob das wachsende Interesse von Chemieunternehmen hervor, das auf den Kosten- und Zeitvorteilen von In-vitro-Tests gegenüber Tierversuchen beruht. Das Wachstum des Unternehmens wird zusätzlich durch das Kanadas Verbot neuer Kosmetika mit Tierversuchen und die Anerkennung validierter In-vitro-Testergebnisse durch US-Regierungsbehörden unterstützt.
- Q3 sales increased by 39.7% year-over-year to $234,430
- YTD sales up 14.4% to $675,080
- Net income grew 17.1% for the first three quarters
- Canada banned new cosmetics involving animal testing
- U.S. government agencies now accept validated in vitro test results
- Increasing inquiries from chemical companies
- None.
Placentia, California--(Newsfile Corp. - August 5, 2025) - Today, InVitro International (OTCQB: IVRO) reported FY '25, Q3 sales of
CEO and Chairman, W. Richard Ulmer, expressed delight with IVRO's noteworthy progress: "In recent months we received quite a few new inquiries. Many are from chemical companies who are realizing that animal testing is much more expensive, takes much longer to do, and now often is not required. Canada just prohibited the introduction of new cosmetics if animal testing is part of their creation; and several U.S. government agencies announced they will accept validated in vitro test results, which IVRO offers. We expect our government to pass similar legislation as virtually all other civilized countries have in the past decade. We remain excited and committed to our mission."
About InVitro International, Inc.
InVitro International, Inc., headquartered in Placentia, California, was founded in 1985 and is a customer and technology driven provider of non-animal testing methods. The Company's testing technologies are designed to produce Regulatory Agencies' approved data regarding corrosivity and ocular/dermal irritation, which correlate with animal and human test results. IVRO's technology is commercialized globally through test kits and partner laboratory services.
This release may contain "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by forward-looking statements. These risks and uncertainties include but are not limited to acceptance of the Company's technology by customers or regulatory agencies, changes in market conditions and other competitive factors. The forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update such statements.
Company Contact:
W. Richard Ulmer
Chief Executive Officer and Chairman
(800)246-8487
[email protected]
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