Financial Snapshot

Revenue
$49.40M
TTM
Gross Margin
24.46%
TTM
Net Earnings
$2.657M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
253.77%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$8.175M
Q4 2024
Cash
Q4 2024
P/E
33.67
Nov 29, 2024 EST
Free Cash Flow
-$3.027M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $72.13M $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 -0.12% -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

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue $72.13M $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 $55.28M $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 $16.85M $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 23.36% 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

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Selling, General & Admin $16.31M $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 -6.18% -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 96.8% 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 $273.1K $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 -51.0% -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 1.62% 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 $16.31M $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 -21.48% 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 $538.7K -$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 -116.56% 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

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 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 $1.994M -$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 -324.13% 184.57% -2983.84% -75.26% 1299.68% -100.0% -100.0% 214.29% -95.81%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Pretax Income $2.533M -$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 -161.13% 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 $0.00 $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% 0.0% 8.37% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Net Earnings $2.612M -$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 -159.96% 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 3.62% -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 $0.05 -$0.08 -$0.03 -$0.02
Diluted Earnings Per Share $0.05 -$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

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 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

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Basic Shares Outstanding 50.56M shares 49.08M shares 47.13M shares 39.45M shares
Diluted Shares Outstanding 51.32M shares 49.08M shares 47.13M shares 39.45M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

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