Innovative Food Holdings, Inc.

0.4516+0.02 (+5.02%)

Oct 29, 4:00:00 PM EDT · OTC Markets OTCQB · IVFH · USD

Upcoming Earnings

Report date

Nov 12, 2025 (in 13 days)

Key Stats

Market Cap

24.74M

P/E (TTM)

45.16

Basic EPS (TTM)

0.01

Dividend Yield

Recent Filings

8-K

Property sale inspection extended

10/3/25Oct 3, 2025

Innovative Food Holdings extended the inspection period for its $9,825,000 sale of Pennsylvania real property to Mountaintop Holdings until October 6, 2025. The buyer added a $50,000 earnest deposit to secure the extension on this deal, originally set in July. This keeps the transaction on track. Yet, prolonged due diligence risks delays in closing.

8-K

Property sale inspection extended

9/16/25Sep 16, 2025

Innovative Food Holdings extended the inspection period for its $9,725,000 sale of 15 acres in Mountaintop, Pennsylvania, to Mountaintop Holdings until September 29, 2025. The buyer added a $100,000 earnest money deposit to secure the extension. This keeps the deal on track while allowing more due diligence time.

10-Q

Q2 FY2025 results

8/14/25Aug 14, 2025

Innovative Food Holdings swung to a modest profit in Q2 FY2025, posting $21.1M revenue—up 26.9% y/y from $16.6M—fueled by national distribution surging 144.1% to $7.6M, while digital channels dipped 4.9% to $9.0M. Gross margin slipped to 21.0% from 24.0%, pressured by lower-margin cheese sales that hit 17.5% of mix, yet operating income climbed to $0.2M from $0.1M as expenses grew slower at 9.3%. YTD revenue rose 26.5% to $40.7M, but net loss widened to $0.4M from $1.4M profit, dragged by interest and no repeat gains from prior asset sales. Cash dipped to $1.6M with negative FCF of $611K (derived), while $8.6M debt carries 9.5% rates through 2048; revolver sits unused at $1.5M available. Assets held for sale total $5.9M, eyeing a Pennsylvania facility exit by Q4. Customer concentration risks linger, with U.S. Foods at 34% of sales.

8-K

Sells PA warehouse, cuts debt

8/1/25Aug 1, 2025

Innovative Food Holdings entered a deal on July 28, 2025, to sell its Pennsylvania warehouse facility for $9.725 million to Mountaintop Holdings, expected to close by September 30, 2025. This move exits the unprofitable cheese conversion business while relocating profitable airline and broadline distribution operations to the Chicago facility, eliminating about $9 million in debt and boosting trailing twelve-month pre-tax income by roughly $2 million through synergies. Debt vanishes fast.

8-K

Annual meeting elects new board

5/29/25May 29, 2025

Innovative Food Holdings held its 2025 Annual Meeting on May 28, electing Robert W. Bennett, James C. Pappas, Mark Schmulen, Denver J. Smith, and Brady Smallwood to its Board for one-year terms, while Hank Cohn and Jefferson Gramm retired as planned. Stockholders ratified Stephano Slack LLC as auditors and approved executive pay via advisory vote. Directors won handily. The board refresh signals steady governance amid routine transitions.

About

Innovative Food Holdings, Inc., together with its subsidiaries, distributes specialty food and food related products to restaurants, hotels, country clubs, national chain accounts, casinos, hospitals, and catering houses in the United States. It distributes 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 and gift boxes, as well as a full range of food subscription based offerings. Innovative Food Holdings, Inc. was formerly known as YS Catering, Inc. and changed its name to Innovative Food Holdings, Inc. in August 2014. The company is based in Bonita Springs, Florida.

CEO

Mr. Gary Schubert

IPO

6/27/2001

Website

https://www.ivfh.com

Employees

Sector

Consumer Defensive

Industry

Food Distribution