everyone. welcome, and Robert, you, Thank
we a appreciate to group say, took announced raise. significant first subsequent was few period me extra while our due auditor's end and we the for accounting busy to a March everyone's capital the Let It and patience acquisition transaction finalize of XX-K. primarily days annual our
discussed know, And this make you more added we broadly this of to have our approach overall previously many our incorporate intent As acquisition. strategy. to
originally of longer All recent event which this reached we very important took have milestone. us excited But than to are anticipated. very this
INVO. our From point, important XXXX vantage year for was another overall
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care core we our Finally, INVOcell that made taken on efforts, very underserved marketplace. help access, focused with large for also our also remain Collectively, label expected. efforts fertility patient progress address longer admittedly, although technology process to we significant originally our than mission our enhancement advanced utilizing five-day expanding has the
an standpoint top community, of years one for many but approximately Wisconsin working clinic been was the XX America. speaking in nationally-recognized address development of acquire Institute located in the in the our and by to clinic profitable important of Elizabeth and the and led As IVF Wisconsin. only has The as an in well-known we market these most extensively reputation in recent have our established centers from operation is you existing Fertility communications. excellent Pritts. Dr. not has fertility The dynamics how we plans them and know, and discussed to the very company, are announcement building Commercially the of local
of agreements signing weeks for the ago, purchase XXth. the announced a this on We acquisition March few binding
along the for operations we financials pro-forma part of years announcement, we basis been audited provided of of it issued review that that on those had part which as the nine-month X-K, if during further historical clinic. INVO's a reflected two period. with financials As And then
I look. you encourage would to a take
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a when financial transaction our process. the we the necessary year a operations steps normal conduct binding to key to to as the audit private financing, complete Wisconsin's our public transactions conduct months Last a the make restricted past performed. that of noted through be of us had agreements. nature we had forced also sign it of that to material four and to required to and element lengthened announced series during full ability plans was executing binding And work audit five documents the importance the acquisition, we timeline small The that the the this which nature to pending
the particularly of funds challenging course private raising changing backdrop. And market given was
significant once reasons. public we a on offering, details number This completed registration current the did we for then the course, maximizing a file. availability shelf under currently announce Of of of transaction, acquisition is our the strategically
to our our revenue our provides to and positive operations, operations First accelerating profitability. adding meaningful it scale net overall and to pathway overall and income thus foremost,
believe demonstrates manner. of acquisition and in more the company ability It a approach can as to status these building development additive creative platform our that to to use which comprehensive types we an other to we win-win transactions a via and as view public our company component efforts, structure take a we our important
treatment it technology, goal core the and believe IVC helps advancing our the method. our INVOcell further also of We
bring in look need. will We are conventional to efforts new IVF providing. another to already these to care further provides Thus solution integrate help and the to to additive added established and into acquired the addition practices business marketplace patients drive profits help our revenue and pathway in our it to existing clinics
believe key commercial multichannel our our approach complementary Center with existing selectively strategy acquisition represents servicing Centers and across hear, strategy, INVO further very which is expanding now you efforts to we INVOcell the As INVO includes dedicated our now acquiring building practices, IVF aspect previous on to ongoing expanding a existing building practices. supporting and new practices new and can third IVF
several We the attractive will we plan in and out approach to in defined occurring to seeking believe We opportunities. and focus our methodical additional will fertility there already criteria. size midsized take is established smaller a and potential universe And measured to practices acquisition of practices have an discussions marketplace. on
win-win we operating want to of structuring our share INVO operators on course, a work as manner. And them focus with mission will back and We pricing mentioned, Shifting attractively deals three our and Centers, our to in that approach. Atlanta are upwards we Monterrey, revenue produce year. growth continuing throughout centers basis, trend believe and the in strong approximately a all progress XXXX. to combined and On these they centers made and Birmingham, million in $X.X for generated will
our derived center accounted Monterrey under remember consolidated from Birmingham only into Atlanta our whereas results, that are and Please revenue equity-method. is the for the
INVO new time. around good Tampa mid-summer for at towards opening an targeted progress As making now Centers, is
our with didn't had focus view As noted, we the some given as acquisition. but project, delays negative a on that experienced we our first we planned previously
the a a reputation attractive. engaged excited the We We strong with physician and about in great Tampa. and is market market are large itself
center to we're on horizon. to bringing a near the operational that clear pathway on be excited So
the City opportunities potential forward We updates the excited INVO location this also location. We are to available. as partnering further center previously they by look for mentioned providing Kansas on become
growth once rapid patient previously partnering could help arrangements had it noted, these and more up drive we As running. is
commercial US On most regained in XXXX. the of of distribution side, know, full as rights we February you
So clinics technology. making we progress to We adopt convince our direct US handle we in believe IVF the steady efforts now our IVF other to selling to clinics. are
prior under course, was in in of a prior believe Thus and agreement distribution is at occur. sell-through reflective as rather fiscal than we bit to the beginning XXXX is believe look growth what when to comparison. XXXX realistically real we comparing sell-through Of XXXX, apples by being we oranges of and product partner was required market. bought of in purchases when is the year XXXX there The the inventory
Shifting our activities. to clinical
had over some we additional the the response the year We all a of received As updated mentioned, third quarter from FDA. previously collected year. additional end in an questions year with submitted previous XXX(k) the with we the towards data last of
questions We have recently expect to data the those our completed submit weeks. and next final tabulating over response to related the three additional to two
excited we the the to believe pleased possible. data including to with share the continue and outcomes very We the tabulations those good soon very with as look as market additional are and
to the quickly to me Andrea this Let Andrea? financial highlights. turn over cover
