Professional
Added to YB: 2024-05-06
Pitch date: 2024-05-02
IVFH [bullish]
Innovative Food Holdings, Inc.
-66.37%
current return
Author Info
No bio for this author
Company Info
Innovative Food Holdings, Inc., together with its subsidiaries, distributes specialty food and food related products to restaurants, hotels, country clubs, national chain accounts, casinos, hospitals, and catering houses in the United States.
Market Cap
$25.2M
Pitch Price
$0.98
Price Target
N/A
Dividend
N/A
EV/EBITDA
28.09
P/E
31.22
EV/Sales
0.41
Sector
Consumer Staples Distribution and Retail
Category
turnaround
Greystone Capital Management New Portfolio Holding: Innovative Food Holdings, Inc.
IVFH: Specialty food distributor turned around by new CEO. Exiting unprofitable e-commerce to focus on core $50M distribution biz w/ 20% historical growth & 10% EBITDA margin potential. $10-12M net cash, high ROC, M&A optionality. Mgmt aligned to drive profitability.
Read full article (4 min)