Innovative Food Holdings, Inc. (IVFH)

Innovative Food Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	72.22	80.1	62.21	51.68	57.9
Revenue Growth (YoY)	-9.84%	28.76%	20.39%	-10.75%	9.40%
Cost of Revenue	55.25	61.41	45.26	37.86	41.26
Gross Profit	16.97	18.69	16.95	13.82	16.65
Selling, General & Admin	16.83	19.73	20.54	19.53	16.46
Other Operating Expenses	0.02	0.6	0.01	0.04	0.14
Operating Expenses	16.83	19.73	20.54	19.53	16.46
Operating Income	0.14	-0.44	-3.59	-5.72	0.18
Interest Income	0.01	0.59	0.35	0.01	0.01
Interest Expense	0.88	0.59	0.35	0.3	0.11
Other Expense / Income	3.61	0.91	-2.87	1.65	-0.14
Pretax Income	-4.14	-1.35	-0.72	-7.67	0.22
Income Tax	0.02	0.33	0.36	1.99	0.1
Net Income	-4.36	-1.68	-1.08	-9.66	0.13
Net Income Growth	-	-	-	-	-92.55%
Shares Outstanding (Basic)	49	47	39	35	34
Shares Outstanding (Diluted)	49	47	39	35	34
Shares Change	4.13%	19.47%	13.12%	2.21%	0.39%
EPS (Basic)	-0.09	-0.04	-0.03	-0.28	0.00
EPS (Diluted)	-0.09	-0.04	-0.03	-0.28	0.00
EPS Growth	-	-	-	-	-92.59%
Free Cash Flow	-0.56	-0.71	-3.69	-2.21	0.46
Free Cash Flow Per Share	-0.01	-0.02	-0.09	-0.06	0.01
Gross Margin	23.50%	23.33%	27.25%	26.74%	28.75%
Operating Margin	0.19%	-0.55%	-5.77%	-11.06%	0.32%
Profit Margin	-6.03%	-2.09%	-1.74%	-18.69%	0.22%
Free Cash Flow Margin	-0.77%	-0.89%	-5.93%	-4.28%	0.80%
Effective Tax Rate	-	-	-	-	43.28%
EBITDA	0.75	0.19	-2.95	-3.16	1.59
EBITDA Margin	1.03%	0.24%	-4.74%	-6.11%	2.75%
Depreciation & Amortization	0.61	0.63	0.63	0.87	1.42
EBIT	0.14	-0.44	-3.58	-4.02	0.17
EBIT Margin	0.19%	-0.55%	-5.75%	-7.79%	0.30%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.