INNOVATIVE FOOD HOLDINGS INC Income Statement
IVFH|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$61M
FY2025
Gross Profit
$16M
25.8% gross margin
Operating Income
$3M
FY2025
Net Income
-$2M
FY2025
INNOVATIVE FOOD HOLDINGS INC reported $61M in revenue and $2M in net loss for FY2025. Revenue has grown at a 12.6% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
- Negative return on equity: -33.1% ROE
- Altman Z-Score 2.21 (gray zone, between 1.23 and 2.9)
- Conservative debt: Debt-to-equity ratio of 0.05
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $60.7M | $59.4M | $70.4M | $78.9M | $62.2M | $51.7M | $57.9M | $52.9M | $41.2M | $35.2M | $30.6M | $25.9M | $22.5M | $18.6M | $11.6M |
| Cost of Revenue | $45.0M | $44.4M | $53.3M | $61.4M | $45.3M | $37.9M | $41.3M | $36.8M | $27.6M | $24.5M | $21.5M | $17.9M | $15.9M | $13.8M | $8.9M |
| Gross Profit | $15.6M | $15.0M | $17.0M | $17.5M | $17.0M | $13.8M | $16.6M | $16.1M | $13.6M | $10.7M | $9.2M | $8.0M | $6.6M | $4.8M | $2.7M |
| SG&A Expense | $13.0M | $13.7M | $16.7M | $18.3M | $20.5M | $19.5M | $16.5M | $14.1M | $8.9M | $7.4M | $9.0M | $7.2M | $5.7M | $4.2M | $2.0M |
| Operating Income | $2.6M | $1.3M | -$2.8M | -$805.7K | -$3.6M | -$7.4M | $183.8K | $2.0M | $4.7M | $3.3M | $196.9K | $869.3K | $965.8K | $586.7K | $671.4K |
| Interest Expense | - | - | $876.5K | $587.3K | $352.9K | $302.6K | $108.9K | $115.4K | $159.7K | $483.4K | $575.9K | $788.9K | $2.5M | $1.1M | $562.0K |
| Income Tax | $80.8K | $0 | $15.8K | $0 | $0 | $0 | $0 | $155.0K | $388.0K | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$2.1M | $2.6M | -$4.4M | -$1.4M | -$716.3K | -$7.7M | $222.8K | $1.7M | $4.5M | $6.4M | -$27.2M | -$3.7M | -$1.5M | $2.0M | $1.5M |
| EPS (Basic) | $0.08 | -$0.08 | -$0.02 | -$0.02 | -$0.22 | $0.01 | $0.05 | $0.15 | - | - | - | -$0.23 | $0.36 | $0.34 | -$0.01 |
| EPS (Diluted) | $0.08 | -$0.08 | -$0.02 | -$0.02 | -$0.22 | $0.01 | $0.05 | $0.15 | - | - | - | -$0.23 | $0.25 | $0.03 | -$0.01 |
| Shares Outstanding | 53.2M | 49.7M | 46.6M | 46.0M | 35.4M | 34.4M | 33.7M | 33.5M | 24.6M | 23.5M | 20.7M | 7.1M | 5.8M | 5.7M | 202.4M |
| Gross Margin | 25.8% | 25.3% | 24.2% | 22.2% | 27.3% | 26.7% | 28.7% | 30.4% | 33.0% | 30.3% | 30.0% | 31.0% | 29.5% | 25.9% | 23.2% |
| Operating Margin | 4.3% | 2.1% | -4.0% | -1.0% | -5.8% | -14.3% | 0.3% | 3.7% | 11.4% | 9.4% | 0.6% | 3.4% | 4.3% | 3.1% | 5.8% |
| Profit Margin | -3.4% | 4.4% | -6.2% | -1.7% | -1.1% | -14.8% | 0.4% | 3.2% | 11.0% | 18.2% | -88.7% | -14.4% | -6.6% | 10.9% | 12.9% |