IVFH Financials 07/15/2014 20:30:31 Innovative Fo
Post# of 14

Innovative Food Holdings, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 23,503 18,610 11,553 9,863
Cost of Revenue 16,854 13,794 8,874 7,608
Gross Profit 6,649 4,817 2,679 2,255
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 5,683 4,230 2,007 2,091
Non-Recurring Items - - - -
Other - - - -
Operating Income 966 587 671 165
Income From Continuing Operations
Add'l Income/Expense Items - 2,501 1,381 (1,796)
Earnings Before Interest and Tax 966 3,088 2,052 (1,631)
Interest Expense 2,452 1,057 562 479
Earnings Before Tax (1,486) 2,030 1,490 (2,110)
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (1,486) 5,827 1,592 (2,110)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (1,486) 2,030 1,490 (2,110)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (1,486) 2,030 1,490 (2,110)

