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Innovative Food Holdings Inc (IVFH)
OTHER OTC:IVFH
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Innovative Food Holdings
(OTC:IVFH)
54Neutral
Innovative Food Holdings (IVFH) vs. S&P 500 (SPY)
Market Cap
$92.28M
Dividend YieldN/A
Average Volume (3M)62.01K
Price to Earnings (P/E)34.5
Beta (1Y)0.04
Revenue Growth-0.12%
EPS GrowthN/A
CountryUS
Employees92
SectorConsumer Defensive
Sector Strength86
IndustryFood Distribution
Share Statistics
EPS (TTM)0.05
Shares Outstanding54,284,897
10 Day Avg. Volume71,476
30 Day Avg. Volume62,007
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.46
Price to Cash Flow (P/CF)32.70
P/FCF Ratio53.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
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 is showing a recovery with improved profitability and cash flow. The balance sheet is stronger with reduced debt, but historical financial instability is a concern. Sustaining growth depends on managing liabilities.Income Statement
The income statement shows a modest recovery with a TTM gross profit margin of 22.72% and a net profit margin of 1.44%. Revenue growth has been volatile, with a decrease in the latest annual period but slight improvement in TTM. EBIT and EBITDA margins have turned positive in TTM, indicating a potential turnaround.65
Positive
Balance Sheet
The balance sheet reflects a reduction in debt, improving the debt-to-equity ratio significantly. The equity ratio stands at 27.13%, reflecting moderate financial stability. However, historical liabilities remain high, and the ROE improvement is mostly due to lower equity in prior periods.58
Neutral
Cash Flow
Cash flow analysis indicates strong recovery, with a positive free cash flow growth rate and improved operating cash flow in TTM. The operating cash flow to net income ratio is 1.79, showing efficient cash generation from operations. However, historical volatility in cash flows and capital expenditure needs should be monitored.72
Positive
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 68.49M | 72.22M | 80.10M | 62.21M | 51.68M | 57.90M | Gross Profit |
| 15.56M | 16.97M | 18.69M | 16.95M | 13.82M | 16.65M | EBIT |
| 858.46K | -3.25M | -436.57K | -3.59M | -5.72M | 183.76K | EBITDA |
| 2.43M | -2.65M | 103.13K | 266.09K | -6.49M | 1.42M | Net Income Common Stockholders |
| 982.79K | -4.36M | -1.68M | -1.08M | -9.66M | 126.35K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 4.76M | 5.33M | 4.90M | 6.12M | 5.06M | 3.97M | Total Assets |
| 17.38M | 21.32M | 23.42M | 23.78M | 23.15M | 20.87M | Total Debt |
| 2.13M | 9.34M | 8.40M | 8.71M | 10.92M | 4.99M | Net Debt |
| -2.63M | 4.01M | 3.50M | 2.59M | 5.86M | 1.02M | Total Liabilities |
| 7.22M | 18.52M | 16.83M | 16.37M | 19.27M | 9.86M | Stockholders Equity |
| 10.16M | 2.81M | 6.59M | 7.41M | 3.88M | 11.02M |
| Cash Flow | Free Cash Flow | ||||
| 1.70M | -557.97K | -714.05K | -3.69M | -2.21M | 461.04K | Operating Cash Flow |
| 1.76M | -435.56K | -599.09K | -3.66M | -1.76M | 1.59M | Investing Cash Flow |
| 22.62K | -36.33K | -114.97K | -24.51K | -450.39K | -1.18M | Financing Cash Flow |
| -72.89K | 994.83K | -509.22K | 4.75M | 3.30M | -1.21M |
Innovative Food Holdings Technical Analysis
Negative
1.75
Price Trends
2.04
Negative
1.92
Negative
1.65
Positive
Market Momentum
-0.06
Positive
32.19
Neutral
34.18
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 1.75 is below the 20-day moving average (MA) of 1.89, below the 50-day MA of 2.04, and above the 200-day MA of 1.65, indicating a neutral trend. The MACD of -0.06 indicates Positive momentum. The RSI at 32.19 is Neutral, neither overbought nor oversold. The STOCH value of 34.18 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 (62)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $3.42B | 23.71 | 8.40% | ― | 11.47% | 2.59% | |
77 Outperform | $14.44B | 38.52 | 30.81% | ― | 12.90% | 50.20% | |
71 Outperform | $2.03B | 37.78 | 11.18% | ― | 10.50% | 59.18% | |
62 Neutral | $20.34B | 13.97 | -16.14% | 3.32% | 1.30% | 5.01% | |
54 Neutral | $92.28M | 34.52 | 46.13% | ― | -0.12% | ― | |
48 Neutral | $39.50M | ― | -23.75% | ― | -9.51% | 83.29% | |
44 Neutral | $345.65M | ― | -19.41% | ― | -6.68% | -9.71% |
* Consumer Defensive Sector Average
Performance Comparison
IVFH
Innovative Food Holdings
1.75
0.74
73.27%
FARM
Farmer Brothers Company
1.81
-1.46
-44.65%
SMPL
Simply Good Foods
36.23
3.83
11.82%
CHEF
The Chefs' Warehouse
52.53
18.10
52.57%
HAIN
Hain Celestial
3.43
-2.82
-45.12%
SFM
Sprouts Farmers
153.66
89.67
140.13%
Innovative Food Holdings Earnings Call Summary
Earnings Call Date: Mar 7, 2025 | % Change Since: -20.45% | Next Earnings Date: May 20, 2025
Earnings Call Sentiment Positive
The call highlighted significant achievements such as strong organic growth, successful acquisitions, and operational efficiencies. Despite low margins in the new retail business and challenges with the sale-leaseback of a property, the overall performance and strategic direction appeared positive.Highlights
Organic Revenue Growth
IVFH reported significant organic revenue growth of 44.3% in Q4 2024, attributed to the launch of the new retail business and strategic acquisitions.
Successful Acquisitions
Acquired Golden Organics and LoCo Foods, which brought immediate revenue contributions and accretive profit, fitting their investment criteria well.
New Retail Business Launch
Launched a major national retail distribution partnership, driving dramatic revenue growth in a new sales channel.
Improved Financial Position
GAAP net income improved by $6.1 million to $2.4 million, while adjusted EBITDA increased by 18.1% to $3.2 million.
Operational Efficiencies and Cost Reductions
Reduced logistics costs by 60% and driver hours by 50% through warehouse consolidation, and decreased SG&A expenses by $1 million.
Growth in Various Segments
Triple-digit growth in Amazon sales channel, and double-digit growth in airline catering and Chicago Artisan business.
Tech-Enabled Improvements
Implemented AI and data democratization tools, enhancing efficiency and decision-making processes.
Lowlights
Low Margins of New Retail Business
The new retail cheese business operates at lower margins, impacting overall gross margins due to high start-up costs.
Legacy Distributor Dropship Business Softness
Continued softness in the legacy distributor dropship business, although trends showed improvement versus Q3.
Challenges in Sale-Leaseback of Pennsylvania Property
Rising interest rates posed challenges in securing acceptable terms for a sale-leaseback of the Pennsylvania property.
Company Guidance
In the Innovative Food Holdings Fourth Quarter and Fiscal Year 2024 earnings call, CEO Bill Bennett detailed significant progress made as part of their three-phase growth strategy. The company reported $72.1 million in revenue, marking a 2.5% year-over-year increase despite divestiture headwinds, and organic revenue growth of 44.3% in Q4 2024. The GAAP net income improved by $6.1 million to $2.4 million, and adjusted EBITDA increased by 18.1% to $3.2 million. The company also noted a diversification in its customer base, with its largest customer accounting for 33.9% of revenue in Q4 2024, down from 46.7% in Q4 2023. Additionally, successful acquisitions, such as Golden Organics and LoCo Foods, contributed immediate revenue and profits, while strategic partnerships, such as a new national retail distribution, fueled substantial growth in new sales channels. The call highlighted the company's focus on operational synergies and the continued integration of acquisitions to drive further profitability and growth, with a notable emphasis on expanding their retail and M&A strategies.Innovative Food Holdings Corporate Events
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.
Business Operations and Strategy
Innovative Food Holdings Approves 2025 Equity Incentive Plan
Positive
Feb 3, 2025
On January 29, 2025, Innovative Food Holdings, Inc. approved the 2025 Equity Incentive Plan, which is designed to grant awards such as stock options and restricted stock to eligible directors, employees, and consultants. This plan aims to enhance the company’s ability to attract and retain talent through a variety of performance-based and stock-based awards, potentially impacting the company’s operational efficiency and stakeholder engagement positively over its ten-year duration.
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.