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Innovative Food Holdings Inc (IVFH)
OTHER OTC:IVFH
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Innovative Food Holdings
(OTC:IVFH)
51Neutral
Innovative Food Holdings (IVFH) vs. S&P 500 (SPY)
Market Cap
$102.06M
Dividend YieldN/A
Average Volume (3M)39.52K
Price to Earnings (P/E)35.6
Beta (1Y)-0.09
Revenue Growth7.05%
EPS GrowthN/A
CountryUS
Employees92
SectorConsumer Defensive
Sector Strength67
IndustryFood Distribution
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding54,284,897
10 Day Avg. Volume31,782
30 Day Avg. Volume39,524
Financial Highlights & Ratios
PEG Ratio0.21
Price to Book (P/B)11.67
Price to Sales (P/S)0.00
P/FCF Ratio-26.98
Enterprise Value/Market Cap1.02
Enterprise Value/Revenue0.37
Enterprise Value/Gross Profit6.21
Enterprise Value/Ebitda11.31
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Innovative Food Holdings Business Overview & Revenue Model
Company DescriptionInnovative Food Holdings (IVFH) is a leading provider of specialty foods and gourmet products in the United States. The company operates across various sectors, including e-commerce and direct-to-consumer platforms, offering a diverse range of high-quality, artisanal foods. IVFH focuses on delivering unique culinary experiences through its extensive product portfolio, which includes specialty ingredients, gourmet foods, and curated food items sourced from around the world.
How the Company Makes MoneyInnovative Food Holdings makes money primarily through the sale of specialty and gourmet food products. The company's revenue model is centered around its e-commerce platforms and direct-to-consumer sales channels, which allow it to reach a wide audience of culinary enthusiasts and foodservice professionals. Key revenue streams include online sales from its branded websites and partnerships with various foodservice operators and retailers. Additionally, IVFH benefits from strategic partnerships and collaborations with specialty food producers and suppliers, enhancing its product offerings and contributing to its overall earnings.
Innovative Food Holdings Financial Statement Overview
Summary
Innovative Food Holdings shows moderate financial performance with some recovery in profitability and operational efficiency. However, challenges remain in generating positive cash flow, which affects financial stability. Improvements in debt management and operational margins are positive, but cash flow generation needs enhancement.Income Statement
Innovative Food Holdings shows a consistent revenue stream with a slight decline from the previous year. The gross profit margin remains healthy, but the net profit margin has fluctuated significantly, indicating challenges in controlling expenses relative to revenue. The positive EBIT and EBITDA margins in the latest period suggest improvements in operational efficiency, but historical volatility remains a concern.62
Positive
Balance Sheet
The company's balance sheet indicates moderate financial stability with a decrease in debt over the past year, reflected in an improved debt-to-equity ratio. However, the equity ratio is moderate, suggesting a balanced but cautious capital structure. Return on equity has improved due to positive net income, but historical weaknesses in profitability affect overall stability.58
Neutral
Cash Flow
Cash flow analysis reveals challenges, with negative operating and free cash flows indicating liquidity issues. The operating cash flow to net income ratio is unfavorable, suggesting that earnings are not converting efficiently into cash. Improvements in financing cash flow have helped manage liquidity, but reliance on external financing is a potential risk.45
Neutral
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 72.13M | 72.22M | 80.10M | 62.21M | 51.68M | Gross Profit |
| 16.85M | 16.97M | 18.69M | 16.95M | 13.82M | EBIT |
| 538.72K | -3.25M | -436.57K | -3.59M | -5.72M | EBITDA |
| 3.71M | -2.65M | 103.13K | 266.09K | -6.49M | Net Income Common Stockholders |
| 2.61M | -4.36M | -1.68M | -1.08M | -9.66M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 2.33M | 5.33M | 4.90M | 6.12M | 5.06M | Total Assets |
| 27.35M | 21.32M | 23.42M | 23.78M | 23.15M | Total Debt |
| 9.88M | 9.34M | 8.40M | 8.71M | 10.92M | Net Debt |
| 7.55M | 4.01M | 3.50M | 2.59M | 5.86M | Total Liabilities |
| 19.17M | 18.52M | 16.83M | 16.37M | 19.27M | Stockholders Equity |
| 8.17M | 2.81M | 6.59M | 7.41M | 3.88M |
| Cash Flow | Free Cash Flow | |||
| -6.59M | -557.97K | -714.05K | -3.69M | -2.21M | Operating Cash Flow |
| -6.27M | -435.56K | -599.09K | -3.66M | -1.76M | Investing Cash Flow |
| 1.21M | -36.33K | -114.97K | -24.51K | -450.39K | Financing Cash Flow |
| 2.02M | 994.83K | -509.22K | 4.75M | 3.30M |
Innovative Food Holdings Technical Analysis
Negative
1.50
Price Trends
1.84
Negative
1.93
Negative
1.71
Negative
Market Momentum
-0.03
Positive
34.91
Neutral
67.17
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IVFH, the sentiment is Negative. The current price of 1.5 is below the 20-day moving average (MA) of 1.74, below the 50-day MA of 1.84, and below the 200-day MA of 1.71, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 34.91 is Neutral, neither overbought nor oversold. The STOCH value of 67.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IVFH.
Innovative Food Holdings Risk Analysis
Innovative Food Holdings disclosed 32 risk factors in its most recent earnings report. Innovative Food Holdings reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Innovative Food Holdings Peers Comparison
Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $2.58B | 42.74 | 12.90% | ― | 7.85% | 79.89% | |
69 Neutral | $216.12M | 11.38 | 11.83% | 3.72% | 5.36% | 121.07% | |
64 Neutral | $8.59B | 14.59 | 4.82% | 173.89% | 3.27% | 2.73% | |
63 Neutral | $634.28M | 2,154.02 | 0.04% | 4.66% | -2.66% | 8.18% | |
58 Neutral | $70.99M | 45.79 | 1.35% | 0.65% | 6.03% | -83.00% | |
57 Neutral | $199.34M | ― | -18.85% | ― | 4.71% | -1754.14% | |
51 Neutral | $102.06M | 35.62 | 46.13% | ― | 7.05% | ― |
* Consumer Defensive Sector Average
Performance Comparison
IVFH
Innovative Food Holdings
1.50
0.45
42.86%
DIT
Amcon Distributing Company
116.50
-35.44
-23.32%
WILC
Willi Food Inte
15.74
6.82
76.46%
SPTN
SpartanNash Co
19.44
-0.67
-3.33%
CHEF
The Chefs' Warehouse
64.05
24.53
62.07%
HFFG
HF Foods Group
4.13
1.16
39.06%
Innovative Food Holdings Earnings Call Summary
Earnings Call Date:May 15, 2025
(Q1-2025)
| % Change Since: -17.58%|
Next Earnings Date:Aug 26, 2025
Earnings Call Sentiment Neutral
The earnings call presented a mixed picture, with significant revenue growth and strategic operational improvements, especially in the retail cheese business and cost efficiencies. However, there are substantial challenges, including declines in digital channels, operating losses in the retail business, a drop in gross margins, and a GAAP net loss. The integration of recent acquisitions is still a work in progress, contributing to the cautious outlook.Q1-2025 Updates
Positive Updates
Strong Revenue Growth
Year-over-year revenue growth accelerated to 26.0% in Q1 from 19.2% in Q4. Organic growth, excluding the impact of M&A and divestitures, was 22.9%.
Successful Integration of New Business
The new retail cheese business was fully integrated and became the largest single contributor to overall top-line momentum.
Operational Improvements
Implemented AI-driven tools to reduce vendor onboarding time significantly, which is expected to accelerate product catalog growth.
Cost Management and Efficiency Gains
Reduced freight costs and negotiated vendor cost reductions. Also improved the unit economics across the network.
New Revenue Streams
Expanded cheese conversion for airline customers and one large importer, indicating new revenue opportunities.
Negative Updates
Digital Channels Decline
Digital channels business continued to decline by single digits due to increased competition and outdated onboarding systems.
Retail Business Losses
Retail business reported a narrowed loss of $425,000 in Q1, down from $700,000 in Q4, indicating ongoing challenges in achieving profitability.
Gross Margin Decline
Gross margin dropped by 157 basis points to 22.9%, mainly due to changes in the sales mix with the expansion of the cheese business.
GAAP Net Loss
Experienced a GAAP net loss from continuing operations of $430,000, compared to net income of $1.9 million last year.
Challenges in Business Integration
Ongoing integration challenges with recently acquired businesses, including the need to exit a subset of legacy customers and implement standard procedures.
Company Guidance
During the Innovative Food Holdings First Quarter 2025 Earnings Conference Call, the management provided detailed guidance on several key metrics. The company reported a year-over-year revenue growth of 26%, rising to $19.5 million from $15.5 million in the same period last year, with an organic growth rate of 23% excluding divestitures and acquisitions. Adjusted EBITDA and adjusted fully diluted earnings per share were discussed, with a GAAP net loss from continuing operations of $430,000 compared to a net income of $1.9 million last year. The cost of goods sold increased by 28.6% to $15.1 million, and the gross margin decreased by 157 basis points to 22.9%. Operating expenses rose by $835,000, and professional and legal fees increased significantly to $762,000, representing 3.9% of total revenue. The company also highlighted strategic initiatives in their cheese and digital channels businesses, aiming to improve profitability and operational efficiency through AI-driven tools and revised processes. Additionally, they announced plans for a potential uplisting to NASDAQ, including a name change to Harvest Group Holdings and a redomicile to Texas.Innovative Food Holdings Corporate Events
M&A TransactionsShareholder MeetingsBusiness Operations and Strategy
Innovative Food Holdings Announces 2025 Annual Meeting
Positive
May 14, 2025
Innovative Food Holdings, Inc. announced its 2025 Annual Meeting of Stockholders scheduled for May 28, 2025, in New York, where shareholders will have the opportunity to engage with the company’s board and management. In a letter to shareholders, CEO Bill Bennett highlighted the company’s strategic progress in 2024, including divesting non-core operations, achieving significant revenue growth, and completing profitable acquisitions. The company aims to continue integrating these acquisitions and scaling its operations, with a long-term goal of reaching $1 billion in revenue.
Spark’s Take on IVFH Stock
According to Spark, TipRanks’ AI Analyst, IVFH is a Neutral.
Innovative Food Holdings scores a 57, reflecting moderate financial performance with strengths in operational efficiency and strategic growth initiatives. However, challenges remain in liquidity and valuation, with technical analysis indicating a lack of upward momentum. The positive guidance and strategic direction from the earnings call provide a more optimistic outlook, balancing the financial and technical weaknesses.
To see Spark’s full report on IVFH stock, click here.
M&A TransactionsBusiness Operations and StrategyFinancial Disclosures
Innovative Food Holdings Reports Strong Q4 2024 Results
Positive
Mar 11, 2025
Innovative Food Holdings reported its financial results for the fourth quarter and fiscal year 2024, showing significant progress in its strategic plan. The company achieved a revenue of $72.1 million for the year, with organic revenue growth of 11.4% despite divestitures. Key developments included the addition of new distributor partners, a large retail customer, and two acquisitions, which contributed to a 19.2% revenue increase in Q4 2024. The company also improved its GAAP net income by $6.2 million to $2.5 million for the year, with adjusted EBITDA rising by 18.5% to $3.2 million. Despite a decline in gross margin, the company reduced SG&A expenses and emphasized its growth potential through new business ventures and partnerships.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.