Innovative Food Holdings Inc (OTCPK:IVFH)
$ 1.22 -0.02 (-1.61%) Market Cap: 60.63 Mil Enterprise Value: 65.27 Mil PE Ratio: 1,220.00 PB Ratio: 14.02 GF Score: 43/100

Q2 2023 Innovative Food Holdings Inc Earnings Call Transcript

Aug 10, 2023 / 01:00PM GMT
Release Date Price: $0.51 (+2.00%)
Ronit Wallerstein
Innovative Foods Holdings, Inc. - VP, Finance & Operations

Good morning, and welcome to the Innovative Food Holdings' second-quarter 2023 earnings conference call. My name is Ronit Wallerstein, and I will be moderating today's call. With me on today's call for Innovative Food Holdings is Bill Bennett, our CEO; and Richard Tang, our CFO.

Throughout the conference, we will be presenting both GAAP and non-GAAP financial measures, including, among others, 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 EBITDA per share using the weighted average shares outstanding for the quarter ended June 30, 2023. 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

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