← BackINNOVATIVE FOOD HOLDINGS INC · Groceries, General LineIVFH
Elevated riskNext report: Due any day
The short versionA company still losing money with shrinking sales.
Watch out for
- Sales down 22% in the latest quarter vs a year ago
- Losing money
Money moves
- No insider buying or selling in the last 30 days
Facts from SEC filings, not a recommendation.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$13.1M-22% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $53.1M, down 14% from the 12 months before. Over 5 years, sales grew about 3.3% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.-27.8%
- PassDebt under half of equityNot relying on borrowed money.0.05x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-3.3%
- MissProfitable every yearSteady profits, not one good year.5 of 10 years
- MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$27K
- MissShare count not growingNot diluting owners. Falling means buybacks.+15.8% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.25.8%
- Revenue
- $60.7M
- +2.1% vs prior year
- 5-year growth
- +3.3%/yr
- revenue, per year
- Total debt
- $283K
- 0.05x equity
- Current ratio
- 1.35x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $13.1M
- -21.5% YoY
- EPS
- $0.01
- vs $0.02
- Op. margin
- 3.0%
- -2.0 pts
- Gross margin
- 26.2%
- +0.5 pts
- Free cash flow
- $609K
- Share count
- -0.2%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 0.6
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Share count growthYearly rate, last 3 years
+3.7%Cash runwayAt last year's cash burn
798 monthsDebt to equityLatest balance sheet: debt compared with what owners have
0.0x · $250K debtShares outstandingLatest reported
55MWhy elevated risk- Losing money
- Late quarterly report notice
Next reportDue any dayEstimated from the same quarter last year
- Results filedMar 11, 2025
- Results filedSep 28, 2011
- Results filedMay 22, 2009
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
Stock awardErik John SaterboChief Financial Officer
150,000 shares
- Now owns 150,000 shares
- Filed 8 days after trade
Stock awardArgie LiarakosChief Executive Officer
150,000 shares
- +450% of holdings
- Now owns 183,334 shares
- Filed 3 days after trade
Stock awardGary SchubertChief Executive Officer
1,350,000 shares
- +253% of holdings
- Now owns 1,882,569 shares
- Filed 3 days after trade
Other transferJames C PappasDirector, 10% owner
105,491 shares
- +7% of holdings
- Now owns 1,513,001 shares
- Held By: Managed Accounts of JCP Investment Management, LLC
- Filed 18 days after trade
- Joint filing with 4 others