Innovative Food Holdings Inc (OTC: IVFH) is a specialty food distribution company that sources and delivers chef-driven, high-quality specialty food products for nationwide next-day delivery. Revenue is generated through transactional wholesale and distribution sales of specialty and organic food products to customers. The company operates through subsidiaries including Golden Organics, which in December 2024 acquired substantially all operating assets of LoCo Food Distribution LLC, a Colorado-based food product wholesaler, for a purchase price of $304,269. IVFH has undergone significant portfolio restructuring in FY2025, including the October 2024 sale of M Innovation assets and the October 2024 closure of igourmet.com, its artisan foods and drop-ship fulfillment business. The company carries general liability coverage of $1,000,000 per occurrence and $2,000,000 aggregate, with building coverage up to $4,100,000 for its Illinois facility, as disclosed in the 10-K filed March 31, 2026.
- Revenue model
- Transactional wholesale and distribution sales of specialty and organic food products. The company earns revenue by sourcing products from suppliers and selling them to customers, with logistics managed internally from origin to delivery.
- Products and services
- Chef-driven specialty food products and organic food products distributed nationally with next-day delivery capability. Customer service includes order placement support, product specifications assistance, and culinary guidance. Logistics team manages end-to-end shipping and delivery.
- Customers and end markets
- Customers receive specialty and organic food products with customer service provided by telephone, email, and other channels. End markets include foodservice and specialty food buyers. The company targets nationwide delivery.
- Value-chain role
- Wholesale distributor and fulfillment operator. Sources products from suppliers, manages packaging and shipping specifications with suppliers, and delivers directly to customers. The logistics team monitors packages from origin to delivery.
- Geographic exposure
- Primarily United States, with a facility in Illinois. Acquired LoCo Food Distribution LLC, a Colorado-based wholesaler, in December 2024.
- Competitors
- Local food purveyors with limited regional reach
Source: SEC 10-K, filed 2026-03-31
Industry:
Wholesale-Groceries, General Line
Peers:
Andersons Inc
Hf Foods Group Inc
VERUS INTERNATIONAL, INC.
SpartanNash Co
Sysco Corp