OverviewSuggest Edit

Innovative Food Holdings is a leading provider of sourcing, preparation and delivery of specialty/fresh food for both professional chefs and consumers. Overall, Company's focus is on distribution or the enabling of distribution of specialty food products ranging from specialty foodservice products to Consumer Packaged Goods (“CPG”) products.

TypePublic
HQBonita Springs, US
Websiteivfh.com

Latest Updates

Employees (est.) (Dec 2018)112(+94%)
Revenue (FY, 2019)$57.9 M(+10%)
Share Price (Sept 2020)$0.4 (-4%)
Cybersecurity ratingAMore

Key People/Management at Innovative Food Holdings

Sam Klepfish

Sam Klepfish

CEO of Innovative Food Holdings and Subs, Director
Todd Carrell

Todd Carrell

EVP Sales and Procurement at Food Innovations
Ross Schold

Ross Schold

Vice President of Sales & Marketing at Organic Food Brokers
Argie Liarakos

Argie Liarakos

Vice President
Show more

Innovative Food Holdings Office Locations

Innovative Food Holdings has an office in Bonita Springs
Bonita Springs, US (HQ)
28411 Race Track Rd
Show all (1)

Innovative Food Holdings Financials and Metrics

Innovative Food Holdings Revenue

Embed Graph
View revenue for all periods
Innovative Food Holdings's revenue was reported to be $57.90 m in FY, 2019
USD

Revenue (Q2, 2020)

12.0m

Gross profit (Q2, 2020)

3.3m

Gross profit margin (Q2, 2020), %

27.7%

Net income (Q2, 2020)

(1.7m)

EBIT (Q2, 2020)

(1.6m)

Market capitalization (21-Sept-2020)

14.5m

Closing stock price (21-Sept-2020)

0.4

Cash (30-Jun-2020)

5.3m

EV

19.2m
Innovative Food Holdings's current market capitalization is $14.5 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

11.6m18.6m23.5m30.8m30.6m35.2m41.2m52.9m57.9m

Cost of goods sold

8.9m13.8m16.9m22.7m21.5m24.5m27.6m36.8m41.3m

Gross profit

2.7m4.8m6.6m8.1m9.2m10.7m13.6m16.1m16.6m

Gross profit Margin, %

23%26%28%26%30%30%33%30%29%
Quarterly
USDQ2, 2011

Financial Leverage

-0.2 x
Show all financial metrics

Innovative Food Holdings Cybersecurity Score

Cybersecurity ratingPremium dataset

A

98/100

SecurityScorecard logo

Innovative Food Holdings Online and Social Media Presence

Embed Graph

Innovative Food Holdings News and Updates

Innovative Food Holdings Launches New Corporate Website

Website Reflects Successful Business Evolution to E-commerce, Data, and Technology Driven Specialty Food Platform Website Reflects Successful Business Evolution to E-commerce, Data, and Technology Driven Specialty Food Platform

Innovative Food Holdings, Inc. Reports Financial Results for Second Quarter and First Half of 2020

COVID-19 Crisis Accelerates Ongoing Digital and Direct-to-Consumer TransformationSecond Quarter e-commerce Revenue Increased Over 317% to a Record $7.5 MillionSecond Quarter Active and Unique e-commerce Customers Increased Over 266% Compared to the Prior Year Period

Innovative Food Holdings, Inc. Reports Financial Results for First Quarter 2020

First Quarter Revenue Increased 3.5% to $13.3 Millione-commerce Revenue Up 31.6% to $2.9 Million Recorded a Non-Cash Impairment of $1.7 millionActive and Unique e-commerce Users Increased Over 70% Compared to the Prior Year PeriodUnique Multi-Channel Infrastructure Benefitting from Rapidly Evolving …

Innovative Food Holdings, Inc. Reports Financial Results for Third Quarter and Nine Months of 2019

Third Quarter Revenue Increased 12% to $13.5 MillionSpecialty Foodservice Revenue Up 10% to $11.6 Millione-commerce Revenue Up 33% to $1.6 Million

Innovative Food Holdings, Inc. Reports Financial Results for Second Quarter and First Half of 2019

Second Quarter Revenue Increased 16% to $13.9 MillionSpecialty Foodservice Revenue Up 17% to $11.7 Millione-commerce Revenue Up Over 29% to $1.8 Million

Innovative Food Holdings, Inc. Reports Financial Results for First Quarter 2019

First Quarter Revenue Increased 17.8% to $12.9 Million e-commerce Revenue Up Over 120% to $2.2 Million Supporting Growth Opportunities through Strategic Investments
Show more

Innovative Food Holdings Blogs

INNOVATIVE FOOD HOLDINGS PARTNERS WITH MARQUEE BRANDS AND MARTHA STEWART ON LAUNCH OF NEW LINE OF SPECIALTY FOOD GIFTS

INNOVATIVE FOOD HOLDINGS PARTNERS WITH MARQUEE BRANDS AND MARTHA STEWART ON LAUNCH OF NEW LINE OF SPECIALTY FOOD GIFTS Inaugural launch of products under multi-year exclusive agreement with Martha Stewart BONITA SPRINGS, FL. (November [   ], 2019) – Innovative Food Holdings, Inc. (OTCQB: IVFH), (“IV…

Third Quarter 2019 Financial Results

Company Contact: Investor and Media Contact: Ronit Wallerstein Andrew M. Berger Investor Relations Managing Director Innovative Foods Holdings, Inc. SM Berger & Company, Inc. (718) 645-1755 (216) 464-6400 rwallerstein@IVFH.com andrew@smberger.com Third Quarter Revenue Increased 12% to $13.5 Mill…

Second Quarter & First Half 2019 Financial Results

Company Contact: Investor and Media Contact: Ronit Wallerstein Andrew M. Berger Investor Relations Managing Director Innovative Foods Holdings, Inc. SM Berger & Company, Inc. (718) 645-1755 (216) 464-6400 rwallerstein@IVFH.com andrew@smberger.com Second Quarter Revenue Increased 16% to $13.9 Mil…

David A. Polinsky, Esq Appointed to the Board of Directors of IVFH

Diverse Legal, Financial, and Business Background Adds Immediate Value to Board BONITA SPRINGS, Fla., July 30, 2019 (GLOBE NEWSWIRE) — Innovative Food Holdings, Inc. (OTCQB: IVFH), (“IVFH” or “the Company”) an interconnected platform of specialty food companies that provides chefs and consumers dire…

First Quarter 2019 Financial Results

Company Contact: Investor and Media Contact: Ronit Wallerstein Andrew M. Berger Investor Relations Managing Director Innovative Foods Holdings, Inc. SM Berger & Company, Inc. (718) 645-1755 (216) 464-6400 rwallerstein@IVFH.com andrew@smberger.com   First Quarter Revenue Increased 17.8% to $12.9 …

Fourth Quarter and Full Year 2018 Financial Results

Company Contact: Investor and Media Contact: Ronit Wallerstein Andrew M. Berger Investor Relations Managing Director Innovative Foods Holdings, Inc. SM Berger & Company, Inc. (718) 645-1755 (216) 464-6400 rwallerstein@IVFH.com andrew@smberger.com Revenue for 2018 Increased 28% to a Record $53 Mi…
Show more

Innovative Food Holdings Frequently Asked Questions

  • Who are Innovative Food Holdings key executives?

    Innovative Food Holdings's key executives are Sam Klepfish, Todd Carrell and Ross Schold.

  • How many employees does Innovative Food Holdings have?

    Innovative Food Holdings has 112 employees.

  • What is Innovative Food Holdings revenue?

    Latest Innovative Food Holdings annual revenue is $57.9 m.

  • What is Innovative Food Holdings revenue per employee?

    Latest Innovative Food Holdings revenue per employee is $517 k.

  • Who are Innovative Food Holdings competitors?

    Competitors of Innovative Food Holdings include Bakels, Naturalia and Bread Ahead.

  • Where is Innovative Food Holdings headquarters?

    Innovative Food Holdings headquarters is located at 28411 Race Track Rd, Bonita Springs.

  • Where are Innovative Food Holdings offices?

    Innovative Food Holdings has an office in Bonita Springs.

  • How many offices does Innovative Food Holdings have?

    Innovative Food Holdings has 1 office.