Innovative Food Holdings, Inc. (IVFH)
| Market Cap | 47.23M |
| Revenue (ttm) | 72.22M |
| Net Income (ttm) | -6.30M |
| Shares Out | 49.71M |
| EPS (ttm) | -0.13 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 100 |
| Open | 0.995 |
| Previous Close | 1.010 |
| Day's Range | 0.995 - 0.995 |
| 52-Week Range | 0.315 - 1.120 |
| Beta | 0.16 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About IVFH
Innovative Food Holdings, Inc., through its subsidiaries, distributes specialty food and food related products to restaurants, hotels, country clubs, national chain accounts, casinos, hospitals, and catering houses in the United States. The company distributes perishable and specialty food and food related products, including origin-specific seafood, domestic and imported meats, exotic game and poultry, artisanal cheeses, freshly prepared meals, caviar, wild and cultivated mushrooms, micro-greens, organic farmed and manufactured food products, ... [Read more]
Financial Performance
In 2023, IVFH's revenue was $72.22 million, a decrease of -9.84% compared to the previous year's $80.10 million. Losses were -$4.36 million, 159.7% more than in 2022.
Financial StatementsNews
Innovative Food Holdings, Inc. Reports Financial Results for Fourth Quarter and Fiscal Year 2023
Key Fiscal Year data points: Revenue of $72.2 million, -8.5% vs. 2022 Gross margin improved by 205 basis points to 24.3%, while adjusted gross margin improved by 232 basis points GAAP net loss from co...
Innovative Food Holdings, Inc. to Hold Investor Call March 21
BONITA SPRINGS, Fla., March 14, 2024 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a national seller of gourmet specialty foods to Professional Chefs nati...
Innovative Food Holdings, Inc. Announces Sale Of Florida Building, Netting The Company $1.9 Million
BONITA SPRINGS, Fla., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a national seller of gourmet specialty foods to Professional Chefs, toda...
Innovative Food Holdings, Inc. Announces Restructuring of Home Gourmet E-Commerce Business, and Divestiture of Other Non-Core Businesses
BONITA SPRINGS, Fla., Jan. 12, 2024 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH”, the “Company”, “we”, or “our”), a national seller of gourmet specialty foods to Profession...
Innovative Food Holdings, Inc. Announces Transition in Chief Financial Officer Role
BONITA SPRINGS, Fla., Jan. 02, 2024 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a national seller of gourmet specialty foods to Professional Chefs and H...
Innovative Food Holdings, Inc. Announces Progress Against Its Strategic Plan
BONITA SPRINGS, Fla., Dec. 18, 2023 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a national seller of gourmet specialty foods to Professional Chefs and H...
Innovative Food Holdings, Inc. Reports Financial Results for Third Quarter of 2023
Key highlights: Third quarter adjusted EBITDA improved by $0.4 million to $0.9 million, the fifth consecutive quarter of year-over-year improved adjusted profitability Adjusted EBITDA as a percent of ...
Innovative Food Holdings, Inc. To Hold Investor Call November 9
BONITA SPRINGS, Fla., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a national seller of gourmet specialty foods to Professional Chefs and H...
Innovative Food Holdings, Inc. Reports Financial Results for Second Quarter of 2023
Key highlights: Second quarter adjusted EBITDA improved by $1.2 million to $453,947, first profitable second quarter since 2019 Second quarter revenue down 8.2% year-over-year to $18.8 million Gross m...
Innovative Food Holdings, Inc. To Hold Investor Call August 10
BONITA SPRINGS, Fla., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a national seller of gourmet specialty foods to Professional Chefs and H...
Innovative Food Holdings, Inc. Announces Recap of First 100 Days of CEO Bill Bennett
Company plans to begin quarterly earnings calls in August; long-term strategy to be outlined later this year Company plans to begin quarterly earnings calls in August; long-term strategy to be outline...
Innovative Food Holdings, Inc. Announces $4.7m of Additional Loan Financing
USDA Approval of Loan Guarantee and Additional Bank Financing Significantly Improves Working Capital and Extends Maturity on Credit Facilities USDA Approval of Loan Guarantee and Additional Bank Finan...
Innovative Food Holdings Appoints Brady Smallwood as Chief Operating Officer
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8d24cc2e-c412-49b6-b465-581c28553c7b
Innovative Food Holdings, Inc. Reports Financial Results for First Quarter of 2023
• First-quarter total revenue up 8.6% year-over-year to a first quarter record of $17.0 million • Specialty foodservice increased 19.6% year-over-year to a first quarter record of $13.8 million • F...
Innovative Food Holdings, Inc. Releases Letter to Shareholders
BONITA SPRINGS, Fla., April 10, 2023 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a national seller of gourmet specialty foods to professional and home c...
Innovative Food Holdings, Inc. Reports Financial Results for Fourth Quarter and Full Year of 2022
BONITA SPRINGS, Fla., April 03, 2023 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a national seller of gourmet specialty foods to professional and home c...
Innovative Food Holdings Appoints Denver J. Smith to its Board of Directors
BONITA SPRINGS, Fla., March 21, 2023 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (IVFH), a national seller of gourmet specialty foods to professional and home chefs today announced that Denver ...
Innovative Food Holdings Announces Leadership Transition
Bill Bennett Appointed CEO and Director Sam Klepfish to Remain Chairman of the Board of Directors
Innovative Food Holdings Announces that FAUCHON has Selected IVFH's Managed eCommerce Solutions
IVFH's DTC and B2B Platforms Will Support the U.S. eCommerce Launch and Expansion of FAUCHON, the Iconic French Luxury Food Brand IVFH's DTC and B2B Platforms Will Support the U.S. eCommerce Launch an...
Innovative Food Holdings Announces that The Simple Root has Selected IVFH's Managed eCommerce and Foodservice Solutions to Accelerate the Launch of its Plant-Based Brand
BONITA SPRINGS, Fla., Jan. 04, 2023 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (IVFH), a leading specialty food-focused eCommerce platform with comprehensive direct-to-consumer (“DTC”) and B2B...
Innovative Food Holdings Appoints Denver J. Smith as a Board Observer
BONITA SPRINGS, Fla., Nov. 29, 2022 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or “the Company”), a leading end-to-end direct-to-consumer eCommerce platform and direct-to...
Innovative Food Holdings, Inc. Reports 2022 Third Quarter Financial Results and Record Third Quarter Sales
• Total revenue up 32% year-over-year to a third-quarter record of $20.1 million • igourmet B2B growth of over 300%, helped drive a 46% year-over-year increase in specialty foodservice revenue to a th...
Innovative Food Holdings, Inc. Reports 2022 Second Quarter Financial Results and Record Second Quarter Sales
• Total revenue up 47% year-over-year to a second quarter record of $20.5 million • Specialty foodservice revenue increased 66% year-over-year to a second quarter record
Carlson Ridge Capital Issues Open Letter to CEO and Board of Innovative Food Holdings
DENVER--(BUSINESS WIRE)--Carlson Ridge Capital Issues Open Letter to CEO and Board of Innovative Food Holdings
Innovative Food Holdings, Inc. Reports 2022 First Quarter Financial Results
BONITA SPRINGS, Fla., May 17, 2022 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a leading end-to-end DTC eCommerce platform and direct-to-chef online pla...