Financial Snapshot

Revenue
$68.49M
TTM
Gross Margin
23.29%
TTM
Net Earnings
$982.8K
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
301.62%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$5.755M
Q3 2024
Cash
Q3 2024
P/E
91.05
Nov 29, 2024 EST
Free Cash Flow
-$1.325M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $72.22M $80.10M $62.21M $51.68M $57.90M $52.93M $41.24M $35.17M $30.65M $25.88M $23.50M $18.61M $11.55M $9.860M $7.590M $6.970M $6.730M $7.070M
YoY Change -9.84% 28.76% 20.39% -10.75% 9.4% 28.32% 17.26% 14.76% 18.41% 10.14% 26.28% 61.13% 17.14% 29.91% 8.9% 3.57% -4.81%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $72.22M $80.10M $62.21M $51.68M $57.90M $52.93M $41.24M $35.17M $30.65M $25.88M $23.50M $18.61M $11.55M $9.860M $7.590M $6.970M $6.730M $7.070M
Cost Of Revenue $54.69M $61.41M $45.26M $37.86M $41.26M $36.84M $27.62M $24.50M $21.46M $17.86M $16.85M $13.79M $8.870M $7.610M $5.840M $5.630M $5.050M $5.370M
Gross Profit $17.53M $18.69M $16.95M $13.82M $16.65M $16.08M $13.63M $10.67M $9.188M $8.020M $6.650M $4.820M $2.680M $2.260M $1.750M $1.340M $1.680M $1.700M
Gross Profit Margin 24.27% 23.33% 27.25% 26.74% 28.75% 30.39% 33.04% 30.34% 29.98% 30.99% 28.3% 25.9% 23.2% 22.92% 23.06% 19.23% 24.96% 24.05%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Selling, General & Admin $17.39M $19.73M $20.54M $19.53M $16.46M $14.13M $8.937M $7.370M $8.991M $7.151M $5.680M $4.100M $1.990M $2.070M $1.550M $1.880M $1.730M $2.090M
YoY Change -11.84% -3.97% 5.16% 18.63% 16.53% 58.1% 21.25% -18.02% 25.72% 25.9% 38.54% 106.03% -3.86% 33.55% -17.55% 8.67% -17.22%
% of Gross Profit 99.22% 105.55% 121.18% 141.37% 98.9% 87.84% 65.59% 69.07% 97.86% 89.16% 85.41% 85.06% 74.25% 91.59% 88.57% 140.3% 102.98% 122.94%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $557.3K $562.1K $526.9K $703.9K $1.234M $1.082M $533.5K $497.9K $1.418M $630.1K $260.0K $130.0K $10.00K $20.00K $30.00K $40.00K $50.00K $50.00K
YoY Change -0.85% 6.69% -25.16% -42.96% 14.03% 102.86% 7.14% -64.88% 125.03% 142.34% 100.0% 1200.0% -50.0% -33.33% -25.0% -20.0% 0.0%
% of Gross Profit 3.18% 3.01% 3.11% 5.09% 7.41% 6.73% 3.92% 4.67% 15.43% 7.86% 3.91% 2.7% 0.37% 0.88% 1.71% 2.99% 2.98% 2.94%
Operating Expenses $20.78M $19.73M $20.54M $19.53M $16.46M $14.13M $8.937M $7.370M $8.991M $7.151M $5.690M $4.230M $2.010M $2.090M $1.550M $1.880M $1.730M $2.090M
YoY Change 5.34% -3.97% 5.16% 18.63% 16.53% 58.1% 21.25% -18.02% 25.72% 25.68% 34.52% 110.45% -3.83% 34.84% -17.55% 8.67% -17.22%
Operating Profit -$3.254M -$1.037M -$3.589M -$5.715M $183.8K $1.955M $4.689M $3.300M $196.9K $869.3K $960.0K $590.0K $670.0K $170.0K $200.0K -$540.0K -$50.00K -$390.0K
YoY Change 213.63% -71.1% -37.19% -3210.02% -90.6% -58.3% 42.1% 1575.79% -77.35% -9.45% 62.71% -11.94% 294.12% -15.0% -137.04% 980.0% -87.18%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Interest Expense $876.5K $586.2K -$352.9K -$302.6K -$108.9K -$115.4K -$159.7K -$483.4K -$575.9K -$789.0K -$2.450M -$1.510M $720.0K -$2.270M $430.0K -$1.350M -$540.0K $14.19M
YoY Change 49.53% -266.12% 16.61% 177.8% -5.65% -27.72% -66.96% -16.07% -27.0% -67.8% 62.25% -309.72% -131.72% -627.91% -131.85% 150.0% -103.81%
% of Operating Profit -59.27% -5.9% -3.41% -14.65% -292.47% -90.76% -255.21% -255.93% 107.46% -1335.29% 215.0%
Other Income/Expense, Net -$889.6K -$312.6K $10.84K $43.81K $3.130K $0.00 $5.400K $0.00 $0.00 $0.00 -$220.0K -$70.00K -$1.670M
YoY Change 184.57% -2983.84% -75.26% 1299.68% -100.0% -100.0% 214.29% -95.81%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Pretax Income -$4.143M -$1.350M -$716.3K -$7.665M $222.8K $1.851M $4.529M $2.816M -$373.6K $82.03K -$1.490M $2.030M $1.490M -$2.110M $850.0K -$2.420M -$660.0K $12.14M
YoY Change 206.9% 88.46% -90.65% -3540.78% -87.96% -59.13% 60.82% -853.86% -555.44% -105.51% -173.4% 36.24% -170.62% -348.24% -135.12% 266.67% -105.44%
Income Tax $15.83K $0.00 $0.00 $0.00 $0.00 $155.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income 0.0% 8.37% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Net Earnings -$4.355M -$1.350M -$716.3K -$7.665M $222.8K $1.696M $4.529M $6.388M -$27.18M -$3.731M -$1.490M $2.030M $1.490M -$2.110M $850.0K -$2.420M -$660.0K $12.14M
YoY Change 222.6% 88.46% -90.65% -3540.78% -86.86% -62.56% -29.09% -123.5% 628.4% 150.4% -173.4% 36.24% -170.62% -348.24% -135.12% 266.67% -105.44%
Net Earnings / Revenue -6.03% -1.69% -1.15% -14.83% 0.38% 3.2% 10.98% 18.16% -88.67% -14.41% -6.34% 10.91% 12.9% -21.4% 11.2% -34.72% -9.81% 171.71%
Basic Earnings Per Share -$0.08 -$0.03 -$0.02
Diluted Earnings Per Share -$0.08 -$0.03 -$18.16K -$219.8K $6.530K $49.90K $151.1K $199.7K -$1.182M -$326.7K -$229.2K $162.0K $102.1K -$536.9K $61.68K -$664.8K -$214.3K $1.200M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Cash & Short-Term Investments $5.327M $4.899M $6.123M $5.060M $3.966M $4.760M $5.133M $3.764M $1.645M $2.602M $2.070M $1.350M $860.0K $520.0K $140.0K $160.0K $70.00K $120.0K
YoY Change 8.73% -19.98% 21.0% 27.58% -16.68% -7.28% 36.38% 128.77% -36.76% 25.69% 53.33% 56.98% 65.38% 271.43% -12.5% 128.57% -41.67%
Cash & Equivalents $5.327M $4.899M $6.123M $5.060M $3.966M $4.760M $5.133M $3.764M $1.645M $2.602M $2.070M $1.350M $860.0K $520.0K $140.0K $160.0K $70.00K $120.0K
Short-Term Investments
Other Short-Term Assets $1.033M $289.4K $314.1K $286.8K $273.7K $144.3K $412.2K $55.39K $1.836M $1.857M $10.00K $10.00K $10.00K $10.00K $10.00K $10.00K $10.00K $10.00K
YoY Change 257.0% -7.86% 9.51% 4.8% 89.67% -65.0% 644.23% -96.98% -1.12% 18466.5% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Inventory $2.973M $3.054M $3.110M $3.720M $2.351M $2.301M $938.0K $815.0K $920.9K $938.9K $840.0K $520.0K $40.00K $50.00K $20.00K
Prepaid Expenses
Receivables $4.308M $4.969M $3.257M $2.380M $3.310M $3.040M $2.043M $1.538M $1.651M $1.240M $770.0K $960.0K $490.0K $430.0K $340.0K $240.0K $240.0K $320.0K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $140.0K $140.0K $60.00K $300.0K $290.0K
Total Short-Term Assets $13.64M $13.21M $12.80M $11.45M $9.900M $10.25M $8.526M $6.173M $6.053M $6.637M $3.700M $2.840M $1.400M $1.140M $650.0K $470.0K $620.0K $740.0K
YoY Change 3.25% 3.19% 11.85% 15.62% -3.37% 20.16% 38.12% 1.99% -8.81% 79.39% 30.28% 102.86% 22.81% 75.38% 38.3% -24.19% -16.22%
Property, Plant & Equipment $7.465M $8.644M $9.088M $9.574M $7.014M $2.457M $1.955M $2.068M $2.193M $877.9K $950.0K $150.0K $20.00K $20.00K $30.00K $50.00K $80.00K $90.00K
YoY Change -13.64% -4.88% -5.08% 36.5% 185.51% 25.64% -5.46% -5.71% 149.86% -7.59% 533.33% 650.0% 0.0% -33.33% -40.0% -37.5% -11.11%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $286.7K $496.6K $435.2K $339.5K $201.5K $209.0K $150.0K $204.0K
YoY Change -100.0% -42.26% 14.1% 28.19% 68.48% -3.56% 39.32% -26.47%
Other Assets $0.00 $4.666M $0.00
YoY Change -100.0%
Total Long-Term Assets $7.682M $10.21M $10.98M $11.70M $10.97M $7.138M $3.494M $2.985M $7.949M $25.74M $1.840M $1.220M $20.00K $30.00K $40.00K $140.0K $80.00K $90.00K
YoY Change -24.75% -7.02% -6.19% 6.64% 53.76% 104.3% 17.05% -62.45% -69.11% 1298.73% 50.82% 6000.0% -33.33% -25.0% -71.43% 75.0% -11.11%
Total Assets $21.32M $23.42M $23.78M $23.15M $20.87M $17.38M $12.02M $9.158M $14.00M $32.37M $5.540M $4.060M $1.420M $1.170M $690.0K $610.0K $700.0K $830.0K
YoY Change
Accounts Payable $6.046M $6.600M $5.415M $4.914M $3.935M $3.690M $1.837M $3.120M $1.703M $1.611M $1.290M $1.380M $890.0K $790.0K $690.0K $820.0K $760.0K $880.0K
YoY Change -8.39% 21.89% 10.19% 24.87% 6.65% 100.91% -41.13% 83.23% 5.69% 24.87% -6.52% 55.06% 12.66% 14.49% -15.85% 7.89% -13.64%
Accrued Expenses $783.5K $336.4K $391.6K $300.7K $224.8K $16.40K $15.86K $691.9K $467.9K $1.572M $1.240M $380.0K $880.0K $1.120M $910.0K $750.0K $460.0K $280.0K
YoY Change 132.89% -14.09% 30.22% 33.75% 1270.98% 3.4% -97.71% 47.85% -70.24% 26.79% 226.32% -56.82% -21.43% 23.08% 21.33% 63.04% 64.29%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $2.014M $2.000M $2.000M $0.00 $0.00 $0.00 $0.00 $1.380M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $20.00K
YoY Change -100.0% 0.72% 0.0% -100.0% -100.0%
Long-Term Debt Due $236.8K $5.904M $572.8K $1.888M $757.6K $928.9K $346.9K $1.589M $897.6K $551.2K $1.260M $120.0K $1.110M $1.370M $1.260M $1.200M $1.210M $1.310M
YoY Change -95.99% 930.72% -69.66% 149.15% -18.44% 167.79% -78.17% 77.03% 62.85% -56.26% 950.0% -89.19% -18.98% 8.73% 5.0% -0.83% -7.63%
Total Short-Term Liabilities $8.641M $16.41M $10.20M $12.21M $5.605M $5.667M $2.399M $5.400M $15.05M $13.54M $3.870M $1.930M $4.790M $7.260M $5.030M $6.030M $3.950M $3.720M
YoY Change -47.35% 60.95% -16.46% 117.8% -1.11% 136.21% -55.57% -64.12% 11.19% 249.79% 100.52% -59.71% -34.02% 44.33% -16.58% 52.66% 6.18%
Long-Term Debt $9.074M $333.1K $5.908M $6.789M $4.036M $1.196M $866.0K $1.138M $1.419M $737.5K $730.0K $190.0K $0.00 $0.00 $30.00K $10.00K $20.00K $20.00K
YoY Change 2624.27% -94.36% -12.98% 68.23% 237.38% 38.13% -23.89% -19.8% 92.36% 1.03% 284.21% -100.0% 200.0% -50.0% 0.0%
Other Long-Term Liabilities $802.4K $87.44K $266.9K $276.0K $217.0K $357.6K $200.0K $0.00 $2.916M $2.714M $0.00 $720.0K $0.00
YoY Change 817.67% -67.24% -3.29% 27.15% -39.31% 78.8% -100.0% 7.42% -100.0%
Total Long-Term Liabilities $9.877M $420.5K $6.175M $7.065M $4.253M $1.554M $1.066M $1.138M $4.334M $3.452M $730.0K $910.0K $0.00 $0.00 $30.00K $10.00K $20.00K $20.00K
YoY Change 2248.63% -93.19% -12.6% 66.13% 173.71% 45.76% -6.31% -73.75% 25.57% 372.84% -19.78% -100.0% 200.0% -50.0% 0.0%
Total Liabilities $18.52M $16.83M $16.37M $19.27M $9.858M $7.221M $3.465M $6.538M $19.39M $16.99M $4.600M $2.830M $4.790M $7.260M $5.060M $6.040M $3.970M $3.740M
YoY Change 10.01% 2.81% -15.05% 95.51% 36.51% 108.39% -47.0% -66.27% 14.11% 269.32% 62.54% -40.92% -34.02% 43.48% -16.23% 52.14% 6.15%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Basic Shares Outstanding 49.08M shares 47.13M shares 39.45M shares
Diluted Shares Outstanding 49.08M shares 47.13M shares 39.45M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $89.484 Million

About INNOVATIVE FOOD HOLDINGS INC

Innovative Food Holdings, Inc. engages in the provision of end-to-end direct-to-consumer e-commerce and direct-to-chef platforms. The company is headquartered in Bonita Springs, Florida and currently employs 92 full-time employees. The company went IPO on 2001-06-21. The distribution of its products primarily originates from three unified warehouses and drop ship partners and is driven by its proprietary technology platform. In addition, the Company provide value-added services through its team of food specialists and Chef Advisors offering customer support, menu ideas, and preparation guidance. The company distributes over 7,000 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, estate-bottled olive oils and aged vinegars and curated food gift baskets, gift boxes and a full of line of food subscription-based offerings.

Industry: Wholesale-Groceries, General Line Peers: Andersons, Inc. HF Foods Group Inc. VERUS INTERNATIONAL, INC. SpartanNash Co SYSCO CORP