Innovative Food Holdings, Inc. (IVFH) Q4 2024 Earnings Call Transcript

News Room
By News Room 2 Min Read

Innovative Food Holdings, Inc. (OTCQB:IVFH) Q4 2024 Earnings Conference Call March 7, 2025 10:00 AM ET

Company Participants

Ronit Wallerstein – VP-Finance and Operations
Bill Bennett – CEO
Brady Smallwood – COO
Gary Schubert – CFO

Conference Call Participants

JD – Unknown Company
Barrick – Unknown Company
Christian – Unknown Company
Michael Richardson – Unknown Company
Curtis Nolan – Unknown Company
Varyk Kutnick – Unknown Company
Anthony Perala – Unknown Company
Michael S – Unknown Company
Andrew Rem – Odinson Partners

Ronit Wallerstein

Good morning, and welcome to the Innovative Food Holdings Fourth Quarter and Fiscal Year 2024 Earnings Conference Call. My name is Ronit Wallerstein, and I’ll be moderating today’s call.

With me on today’s call for Innovative Food buildings is Bill Bennett, our CEO; Brady Smallwood our COO; and Gary Schubert, our CFO.

Throughout the conference, we will be presenting both GAAP and non-GAAP financial measures, including amongst other historical and estimated EPS, adjusted EBITDA which is net income before costs associated with amortization, depreciation, interest and taxes and excluding certain onetime expenses and adjusted fully diluted earnings per share using the weighted average shares outstanding for the quarter ended 12/31/24. These measures are not calculated in accordance with GAAP. Quantitative reconciliations of certain of our non-GAAP financial measures to their most directly comparable GAAP financial measures appear in today’s press release.

I would like to remind everyone that today’s call will contain forward-looking statements from our management made within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities and Exchange Act of 1934 as amended. Concerning future events. Words such as aim, may, could, should, projects, expects, intend, plans, believes, anticipates, hopes, estimates, goals and variations of such words and similar expressions are intended to identify forward-looking statements.

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