Innovative Food Holdings Inc (IVFH)

[greasemonkeyshoes]

in term of fundamental......
it is simple to see where the problem lies.it is inelastic nature of sg&a(blowing up) as revenue decline.
past sg&a/revenue:
2017 22%(average)
2018 27%
2019 28%
2020:
q1 35%(impairment excluded)
q2 41%
q3 40%

this number is going to the moon,at the expense of solvency of the company.

estimator for q4:
-$2 million or -14%=100%-40%(sg&a)-74%(cost),estimated revenue of $15 million.