Company Info
Innovative Food Holdings Inc
Description:
Innovative Food Holdings Inc changed its state of incorporation by merging into Innovative Food Holdings, Inc. (IVFH), a Florida corporation formed for that purpose. As a result of the merger, it changed its name to that of Innovative Food Holdings, Inc. The Company provides premium restaurants with origin-specific perishables, specialty food products, and healthcare products shipped directly from its network of vendors within 24 72 hours. Its customers include restaurants, hotels, country clubs, national chain accounts, casinos, hospitals and catering houses. It distributes over 7,300 perishable and specialty food products, including origin-specific seafood, domestic and imported meats, exotic game and poultry, artisanal cheeses, caviar, wild and cultivated mushrooms, micro-greens, heirloom and baby produce, organic farmed and manufactured food products, estate-bottled olive oils and aged vinegars. The Company offers its customers access to food products available nationwide, quickly, direct, and cost-effectively. Some of its selling items include: Seafood - Alaskan wild king salmon, Hawaiian sashimi-grade ahi tuna, Gulf of Mexico day-boat snapper, Chesapeake Bay soft shell crabs, New England live lobsters, Japanese Hamachi; Meat & Game - Prime rib of American kurobuta pork, dry-aged buffalo tenderloin, domestic lamb, Cervena venison, elk tenderloin; Produce - White asparagus, baby carrot tri-color mix, Oregon wild ramps, heirloom tomatoes; Poultry - Grade A foie gras, Hudson Valley quail, free range and organic chicken, airline breast of pheasant Specialty - Truffle oils, fennel pollen, prosciutto di Parma, wild boar sausage; Mushrooms - Fresh morels, Trumpet Royale, porcini powder, wild golden chanterelles; and Cheese - Maytag blue, buffalo mozzarella, Spanish manchego, Italian gorgonzola dolce. Its competition is from local purveyors that supply a limited local market and have limited products and from other specialty gourmet distributors. Various federal and state laws currently exist, and more are sure to be adopted, regulating the delivery of fresh food products.
Key Statistics
Overview:
Annual Sales, $ | 0 K |
Annual Net Income, $ | 0 K |
Short Volume Ratio | 0.24 |
Growth:
1-Year Return | 153.90% |
3-Year Return | 170.04% |
5-Year Return | 73.63% |
Per-Share Information:
Latest Earnings Date | 05/21/24 |
Dividend Payout Ratio | 0.00% |