Innovative Food Holdings, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $41.2M | $35.2M | $30.6M | $25.9M | $22.5M | $18.6M | $11.6M | $9.9M |
| Cost of Revenue | $27.6M | $24.5M | $21.5M | $17.9M | $15.9M | $13.8M | $8.9M | $7.6M |
| Gross Profit | $13.6M | $10.7M | $9.2M | $8.0M | $6.6M | $4.8M | $2.7M | $2.3M |
| Gross Margin | 33.0% | 30.3% | 30.0% | 31.0% | 29.5% | 25.9% | 23.2% | 22.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $8.9M | $7.4M | $9.0M | $7.2M | $5.7M | $4.2M | $2.0M | — |
| Operating Income | $4.7M | $3.3M | $196.9K | $869.3K | $965.8K | $586.7K | $671.4K | $164.6K |
| Operating Margin | 11.4% | 9.4% | 0.6% | 3.4% | 4.3% | 3.2% | 5.8% | 1.7% |
| Interest Expense | $159.7K | $483.4K | $575.9K | $788.9K | $2.5M | $1.1M | $562.0K | $478.9K |
| Pretax Income | $4.5M | $2.8M | $-373.6K | $82.0K | $-1.5M | $2.0M | $1.5M | $-2.1M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $4.5M | $6.4M | $-27.2M | $-3.7M | $-1.5M | $2.0M | $1.5M | $-2.1M |
| Net Margin | 11.0% | 18.2% | -88.7% | -14.4% | -6.6% | 10.9% | 12.9% | -21.4% |
| EPS (Basic) | $0.15 | $0.11 | $-0.02 | $-0.32 | $-0.12 | $0.18 | $0.17 | $-0.01 |
| EPS (Diluted) | $0.15 | $0.10 | $-0.02 | $-0.32 | $-0.12 | $0.13 | $0.02 | $-0.01 |
| Shares Outstanding (Basic) | 29.8M | 25.1M | 23.0M | 11.4M | 13.0M | 11.4M | 8.8M | 393.3M |
| Shares Outstanding (Diluted) | 30.0M | 32.0M | 23.0M | 16.0M | 13.0M | 25.1M | 26.2M | 393.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |