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Innovative Food Holdings Inc (IVFH)
OTHER OTC:IVFH
RESEARCH TOOLSreports
Earnings Data
Report Date
May 20, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.03Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 07, 2025
|% Change Since: -18.64%
|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.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.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.
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IVFH Earnings History
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
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IVFH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| 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% |
| May 14, 2024 | $0.93 | $0.93 | 0.00% |
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.
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FAQ
When does Innovative Food Holdings Inc (IVFH) report earnings?
Innovative Food Holdings Inc (IVFH) is schdueled to report earning on May 20, 2025, TBA Not Confirmed.
What is Innovative Food Holdings Inc (IVFH) earnings time?
Innovative Food Holdings Inc (IVFH) earnings time is at May 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IVFH EPS forecast?
Currently, no data Available
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