IVFH on OTC

INNOVATIVE FOOD HOLDINGS INC

American wholesale-groceries company, incorporated in Florida. Summary from the record

Price unavailable

Last updated Oct 19, 2026.

Overview

Compare with G.willi-food International, Marwynn Holdings, Inc. or AMCON DISTRIBUTING CO, or pick any stock.

  • TickerIVFH on OTC1
  • IndustryWholesale-Groceries, General Line1
  • HeadquartersBroadview, Illinois1
  • Incorporated inFL2
  • Business address2528 S 27Th Ave, Broadview, Il 601552
  • Filer categoryNon-accelerated filer, Smaller reporting company2

See how the biggest companies compare on our leaderboards

(6%) per annum for a term of sixty (60) months payable in equal monthly installments with the first payment due one month after the closing.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

25.8%Gross margin4
4.3%Operating margin4
-3.4%Net margin4
2.1%Revenue growth, 20254
-33.1%Return on equity4
0.03×Debt to equity4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Digital Channels brought in 54% of the revenue INNOVATIVE FOOD HOLDINGS INC broke down this way in fiscal 2025.

  1. Digital Channels$32.5M454%down 7% from 2024
  2. Local Distribution$15.3M425%up 26% from 2024
  3. National Distribution$12.9M421%up 5% from 2024
Products and services by year
Products and services20242025
Digital Channels$35.0M$32.5M
Local Distribution$12.1M$15.3M
National Distribution$12.3M$12.9M

Business segments

Digital Channels brought in 54% of the revenue INNOVATIVE FOOD HOLDINGS INC broke down this way in fiscal 2025.

  1. Digital Channels$32.5M454%down 7% from 2024
  2. Local Distribution$15.3M425%up 26% from 2024
  3. National Distribution$12.9M421%up 5% from 2024
Business segments by year
Business segments20242025
Digital Channels$35.0M$32.5M
Local Distribution$12.1M$15.3M
National Distribution$12.3M$12.9M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue74¢$45.0M
  • Selling, general and admin21¢$13.0M
  • Other costs4¢$2.6M
  • Income tax0¢$80.8K

Out of $60.7M in revenue.4 The company lost money this year.

Financial statements

Revenue567894$60.7M in 2025+5% since 2019
0$20.0M$40.0M$60.0M$80.0M2019: $57.9M$57.9M20192020: $51.7M$51.7M2020−11%2021: $62.2M$62.2M2021+20%2022: $78.9M$78.9M2022+27%2023: $70.4M$70.4M2023−11%2024: $59.4M$59.4M2024−16%2025: $60.7M$60.7M2025+2%
Gross profit567894$15.6M in 2025−6% since 2019
0$5.0M$10.0M$15.0M$20.0M2019: $16.6M$16.6M20192020: $13.8M$13.8M2020−17%2021: $17.0M$17.0M2021+23%2022: $17.5M$17.5M2022+3%2023: $17.0M$17.0M2023−3%2024: $15.0M$15.0M2024−12%2025: $15.6M$15.6M2025+4%
Operating income567894$2.6M in 2025+1334% since 2019
-$10.0M-$5.0M0$5.0M2019: $183.8K$183.8K20192020: -$7.4M-$7.4M20202021: -$3.6M-$3.6M2021−52%2022: -$805.7K-$805.7K2022−78%2023: -$2.8M-$2.8M2023+249%2024: $1.3M$1.3M20242025: $2.6M$2.6M2025+107%
Net income567894-$2.1M in 2025
-$10.0M-$5.0M0$5.0M2019: $222.8K$222.8K20192020: -$7.7M-$7.7M20202021: -$716.3K-$716.3K2021−91%2022: -$1.4M-$1.4M2022+88%2023: -$4.4M-$4.4M2023+223%2024: $2.6M$2.6M20242025: -$2.1M-$2.1M2025

Every line of the income statement as filed: the last 2 fiscal years, latest first.4

Period ending2025-12-312024-12-31
Revenue$60.7M$59.4M
Cost of goods sold$45.0M$44.4M
Gross margin$15.6M$15.0M
Selling, general and administrative expenses$13.0M$13.7M
Total operating expenses$13.0M$13.7M
Operating income (loss)$2.6M$1.3M
Interest income (expense), net-$30.3K$41.5K
Gain on sale of assets$0$2.8M
Gain on sale of subsidiary$0$21.1K
Other leasing income$2.5K$0
Total other income (expense)-$27.8K$2.9M
Net income before taxes$2.6M$4.2M
Income tax expense$80.8K$0
Net income from continuing operations$2.5M$4.2M
Net income (loss) from discontinued operations-$4.6M-$1.5M
Consolidated net income (loss)-$2.1M$2.6M
Net income per share from continuing operations - basic (in Dollars per share)$0.05$0.08
Net income per share from continuing operations - diluted (in Dollars per share)$0.05$0.08
Net income (loss) per share from discontinued operations - basic (in Dollars per share)-$0-$0
Net income (loss) per share from discontinued operations - diluted (in Dollars per share)-$0-$0
Weighted average shares outstanding - basic (in Shares)54.6M shares50.6M shares
Weighted average shares outstanding - diluted (in Shares)54.6M shares51.3M shares

Compare INNOVATIVE FOOD HOLDINGS INC with another company

Leadership

Who has led INNOVATIVE FOOD HOLDINGS INC, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Samuel Klepfish2011–2023
  2. Gary Schubert2026
  3. Argie Liarakos2026–now

President

  1. Justin Jeffrey Wiernasz2011–2019

Chief financial officer

  1. Richard Tang2023
  2. Gary Schubert2024–2026
  3. Erik John Saterbo2026–now

Chief operating officer

  1. Brady Smallwood2023–now
201520202025
Board members and other officers (11)

Former names

  • ALPHA SOLARCO INCOct 13, 1995 to Sep 28, 20052

Timeline

  1. Sep 17, 2026New chief executive Argie Liarakos becomes CEO13
  2. Jan 14, 2026New chief executive Gary Schubert becomes CEO12
  3. May 25, 2011New chief executive Samuel Klepfish becomes CEO14

Filings

166 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 47 major events, 58 insider forms, 25 large holders, 16 other. The latest 20:

  1. Sep 22, 20264 EDGAR
  2. Sep 22, 20263 EDGAR
  3. Sep 18, 20268-K EDGAR
  4. Sep 17, 20264 EDGAR
  5. Sep 17, 20264 EDGAR
  6. Sep 11, 2026SCHEDULE 13G/A EDGAR
  7. Aug 18, 20264 OWNERSHIP DOCUMENT EDGAR
  8. Aug 14, 202610-Q EDGAR
  9. Jul 14, 2026SCHEDULE 13G/A EDGAR
  10. Jul 10, 2026SCHEDULE 13G/A EDGAR
  11. Jul 10, 2026SCHEDULE 13G/A EDGAR
  12. Jun 11, 20268-K EDGAR
  13. May 20, 202610-Q EDGAR
  14. May 15, 2026NT 10-Q EDGAR
  15. Apr 7, 2026DEFR14A EDGAR
  16. Apr 6, 2026DEFA14A EDGAR
  17. Apr 6, 2026DEF 14A EDGAR
  18. Mar 31, 202610-K EDGAR
  19. Mar 9, 20268-K EDGAR
  20. Feb 11, 20263/A EDGAR

The 166 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

48 open-market trades by officers, directors and large owners since October 2021: 26 buys and 22 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jan 21, 2026Bennett Robert WilliamSale26,000$0.43$11.2KForm 4
Jan 20, 2026Bennett Robert WilliamSale2,600$0.43$1.1KForm 4
Jan 16, 2026Bennett Robert WilliamSale41,910$0.43$18.0KForm 4
Jan 15, 2026Bennett Robert WilliamSale28,900$0.46$13.3KForm 4
Jan 14, 2026Bennett Robert WilliamSale3,130$0.43$1.3KForm 4
Jan 13, 2026Bennett Robert WilliamSale105,000$0.44$46.5KForm 4
Jan 12, 2026Bennett Robert WilliamSale40,000$0.41$16.4KForm 4
Jan 9, 2026Bennett Robert WilliamSale89,567$0.39$34.9KForm 4
Jan 8, 2026Bennett Robert WilliamSale277,333$0.40$110.5KForm 4
Jan 6, 2026Bennett Robert WilliamSale1,500,000$0.30$450.0KForm 4
Jan 6, 2026Schubert GaryChief Executive OfficerBuy166,666$0.30$50.0KForm 4
Jan 6, 2026Smith Denver JohnsonDirectorBuy505,555$0.30$151.7KForm 4
Jan 6, 2026Schmulen MarkDirectorBuy288,890$0.30$86.7KForm 4
Jan 6, 2026JCP Investment Management, LLC10% ownerBuy505,555$0.30$151.7KForm 4
Mar 13, 2025klepfish samuelDirectorSale100,000$1.85$185.0KForm 4
Dec 9, 2024JCP Investment Partners, LP10% ownerBuy156,250$1.60$250.0KForm 4
Dec 5, 2024Smith Denver JohnsonDirectorBuy31,250$1.60$50.0KForm 4
Dec 4, 2024Gramm JeffersonDirectorBuy1,250,000$1.60$2.0MForm 4
Nov 21, 2024klepfish samuelDirectorSale6,134$1.63$10.0KForm 4
Nov 20, 2024klepfish samuelDirectorSale127,436$1.60$203.9KForm 4

All 48 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34