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.
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.
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.
Innovative Food Holdings (IVFH) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IVFH Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 15, 2025
$1.82
$1.50
-17.58%
Mar 07, 2025
$2.20
$2.16
-1.82%
Nov 13, 2024
$1.60
$1.60
0.00%
Aug 14, 2024
$1.44
$1.34
-6.94%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Innovative Food Holdings Inc (IVFH) report earnings?
Innovative Food Holdings Inc (IVFH) is schdueled to report earning on Aug 26, 2025, TBA Not Confirmed.
What is Innovative Food Holdings Inc (IVFH) earnings time?
Innovative Food Holdings Inc (IVFH) earnings time is at Aug 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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