Innovative Food Holdings Inc financial data

Symbol
IVFH on OTC
Industry
Wholesale-Groceries, General Line
Location
9696 Bonita Beach Road, Ste 208, Bonita Springs, Florida
State of incorporation
Florida
Fiscal year end
December 31
Former names
ALPHA SOLARCO INC (to 9/28/2005)
Latest financial report
Q1 2024 - May 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 185 % +157%
Quick Ratio 37 % +90.1%
Debt-to-equity 447 %
Return On Assets -0.47 % +96.6%
Operating Margin -1.15 % +53.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 49.7M shares +1.97%
Common Stock, Shares, Outstanding 49.7M shares +4.11%
Entity Public Float 6.01M USD +8.2%
Common Stock, Value, Issued 5.25K USD +3.9%
Weighted Average Number of Shares Outstanding, Basic 49.7M shares +2.57%
Weighted Average Number of Shares Outstanding, Diluted 50.6M shares +4.42%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 71.3M USD -10.8%
Operating Income (Loss) -817K USD +58.6%
Nonoperating Income (Expense) 896K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 79.5K USD
Income Tax Expense (Benefit) 15.8K USD
Net Income (Loss) Attributable to Parent -101K USD +96.6%
Earnings Per Share, Basic 0.01 USD/shares
Earnings Per Share, Diluted 0.01 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 4.27M USD +159%
Accounts Receivable, after Allowance for Credit Loss, Current 4.11M USD -4.61%
Inventory, Net 2.84M USD -5.98%
Other Assets, Current 349K USD -6.42%
Assets, Current 17.5M USD +77.6%
Property, Plant and Equipment, Net 974K USD -87.6%
Operating Lease, Right-of-Use Asset 24.3K USD -82.1%
Intangible Assets, Net (Excluding Goodwill) 0 USD -100%
Assets 19.2M USD -3.85%
Employee-related Liabilities, Current 419K USD -25.2%
Liabilities, Current 5.48M USD -62.4%
Operating Lease, Liability, Noncurrent 6.92K USD -90.4%
Liabilities 14.8M USD -7.16%
Retained Earnings (Accumulated Deficit) -37.4M USD -0.27%
Stockholders' Equity Attributable to Parent 4.31M USD +9.58%
Liabilities and Equity 19.2M USD -3.85%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.16M USD +1.08%
Net Cash Provided by (Used in) Financing Activities -72.7K USD -46.6%
Net Cash Provided by (Used in) Investing Activities 2.1M USD
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 52.5M shares +3.85%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 4.27M USD +198%
Interest Paid, Excluding Capitalized Interest, Operating Activities 229K USD +31.3%
Deferred Tax Assets, Valuation Allowance 5.9M USD +13%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.28 pure 0%
Deferred Tax Assets, Gross 5.9M USD +13%
Operating Lease, Liability 24.3K USD -82.1%
Depreciation 376K USD -2.12%
Payments to Acquire Property, Plant, and Equipment 1.41K USD -82.4%
Lessee, Operating Lease, Liability, to be Paid 25.6K USD -82.5%
Property, Plant and Equipment, Gross 3M USD -71.7%
Operating Lease, Liability, Current 17.4K USD -72.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 7.05K USD -90.1%
Lessee, Operating Lease, Liability, to be Paid, Year One 18.5K USD
Deferred Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.24K USD -87.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 11.7K USD -83.8%
Deferred Tax Assets, Operating Loss Carryforwards 5.1M USD +17%
Current Income Tax Expense (Benefit) 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 890 USD 0%
Additional Paid in Capital 42.8M USD +1.13%
Amortization of Intangible Assets 0 USD
Depreciation, Depletion and Amortization 110K USD -24.2%
Share-based Payment Arrangement, Expense 112K USD -80.6%
Interest Expense 919K USD +35.8%