Inventiva S.A. Sponsored ADR
Inventiva S.A. Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $9.0 million, down 43.7% from fiscal 2024.
Follow IVA
Inventiva S.A. Sponsored ADR (IVA) Piotroski F-score
Inventiva S.A. Sponsored ADR's Piotroski F-score for fiscal 2025 is 4 out of 9: 4 of nine tests of profitability, leverage and efficiency passed, up from 1 in fiscal 2024.
Piotroski F-score, annual
Embed this chart
Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2025 | 4 | 3.00 |
| FY2024 | 1 | (1.00) |
| FY2023 | 2 | 0.00 |
| FY2022 | 2 | (1.00) |
| FY2021 | 3 | 0.00 |
| FY2020 | 3 | — |
How fiscal 2025’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (194.96%) | (195.41%) | Fail | 0 |
| Positive operating cash flow | (118.67m) | (92.98m) | Fail | 0 |
| Rising return on assets | (194.96%) | (195.41%) | Pass | 1 |
| Cash flow above net income | 282.01m | 106.35m | Pass | 1 |
| Falling long-term leverage | 0.15 | 0.51 | Pass | 1 |
| Rising current ratio | 3.16 | 0.92 | Pass | 1 |
| No new shares issued | 186,802,000 | 59,779,000 | Fail | 0 |
| Rising gross margin | 100.00% | 100.00% | Fail | 0 |
| Rising asset turnover | 0.04 | 0.16 | Fail | 0 |
| Piotroski F-score | Mixed | 4 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| LXRX Lexicon Pharmaceuticals, Inc. compare | 4 |
| FDMT 4D Molecular Therapeutics, Inc. compare | 4 |
| IVA Inventiva S.A. Sponsored ADR | 4 |
| DNA Ginkgo Bioworks Holdings, Inc. compare | 3 |
| GERN Geron Corporation compare | 3 |
| SANA Sana Biotechnology, Inc. compare | — |
| ACHV Achieve Life Sciences, Inc. compare | — |
| ANL Adlai Nortye Ltd. Sponsored ADR compare | — |
| IMMX Immix Biopharma, Inc. compare | — |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover