See more : Tokyo Energy & Systems Inc. (1945.T) Income Statement Analysis – Financial Results
Complete financial analysis of BranchOut Food Inc. (BOF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of BranchOut Food Inc., a leading company in the Packaged Foods industry within the Consumer Defensive sector.
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BranchOut Food Inc. (BOF)
About BranchOut Food Inc.
BranchOut Food Inc. develops, markets, sells, and distributes plant-based dehydrated fruit and vegetable snacks, and powders in the United States. The company offers dehydrated fruit- and vegetable-based snacks, including avocado chips, chewy banana bites, pineapple chips, brussels sprout crisps, and bell pepper crisps; avocado, banana, and blueberry powders; and industrial ingredients, such as bulk avocado powder, dried avocado pieces, and other fruit powders/pieces. It also provides chocolate covered fruit items and private label products for retailers. The company was formerly known as AvoLov, LLC and changed its name to BranchOut Food Inc. in November 2021. The company was incorporated in 2017 and is headquartered in Bend, Oregon.
| Metric | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Revenue | 2.83M | 752.18K | 715.55K | 326.92K |
| Cost of Revenue | 2.92M | 922.73K | 786.47K | 320.69K |
| Gross Profit | -96.23K | -170.55K | -70.92K | 6.23K |
| Gross Profit Ratio | -3.41% | -22.67% | -9.91% | 1.91% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 2.48M | 2.14M | 840.81K | 275.23K |
| Selling & Marketing | 162.05K | 396.36K | 218.77K | 35.66K |
| SG&A | 2.64M | 2.14M | 840.81K | 275.23K |
| Other Expenses | 761.09K | 0.00 | 0.00 | 5.50K |
| Operating Expenses | 3.41M | 2.24M | 841.14K | 314.00K |
| Cost & Expenses | 6.33M | 3.16M | 1.63M | 634.70K |
| Interest Income | 11.72K | 13.63K | 15.02K | 36.00 |
| Interest Expense | 435.27K | 2.25M | 697.73K | 223.49K |
| Depreciation & Amortization | 223.86K | 93.25K | 323.00 | 38.77K |
| EBITDA | -3.27M | -2.30M | 37.85K | -297.59K |
| EBITDA Ratio | -115.60% | -305.67% | -125.32% | -80.59% |
| Operating Income | -3.50M | -2.41M | -912.05K | -307.77K |
| Operating Income Ratio | -123.93% | -319.88% | -127.46% | -94.14% |
| Total Other Income/Expenses | -423.55K | -2.24M | 251.86K | -252.07K |
| Income Before Tax | -3.93M | -4.64M | -660.20K | -559.84K |
| Income Before Tax Ratio | -138.92% | -617.32% | -92.26% | -171.25% |
| Income Tax Expense | 0.00 | 13.63K | 697.73K | 228.99K |
| Net Income | -3.93M | -4.64M | -660.20K | -559.84K |
| Net Income Ratio | -138.92% | -617.32% | -92.26% | -171.25% |
| EPS | -1.44 | -1.16 | -0.16 | -0.14 |
| EPS Diluted | -1.44 | -1.16 | -0.16 | -0.14 |
| Weighted Avg Shares Out | 2.73M | 4.02M | 4.02M | 3.96M |
| Weighted Avg Shares Out (Dil) | 2.73M | 4.02M | 4.02M | 3.96M |
Why Is Branchout Food (BOF) Stock Down 39% Today?
Branchout Food (NASDAQ: BOF ) stock is falling on Thursday after the dehydrated fruit and vegetable snacks company priced a public offering for its shares. This has Branchout Food offering investors 1.75 million shares of BOF stock for 80 cents each.
BranchOut Food Announces Nation's Largest Retailer Increases Third Contract to Approximately $1M Annually, Triples Original Commitment
New private label dried fruit products expected to enter 3,430 stores in 2024 BEND, Ore., June 27, 2024 — BranchOut Food Inc.
BranchOut Food Announces Nation's Largest Retailer Increases Third Contract to Approximately $1M Annually, Triples Original Commitment
BEND, Ore., June 27, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced that the nation's largest retailer has increased the store count and overall...
BranchOut Food Prices $1.4 Million Follow-On Public Offering
BEND, OR, June 26, 2024 – BranchOut Food Inc. (NASDAQ: BOF) (“BranchOut” or the “Company”), a leading food technology company specializing in dehydrated fruit and vegetable-based products, today announced the pricing of its underwritten public offering of 1,750,000 shares of...
BranchOut Food Prices $1.4 Million Follow-On Public Offering
BEND, Ore., June 26, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF) (“BranchOut” or the “Company”), a leading food technology company specializing in dehydrated fruit and vegetable-based products, today announced the pricing of its underwritten public offering of 1,750,000...
BranchOut Food Ships First Production of New, Innovative Products to Nation's Largest Retailer, Initiating Second of Three Existing Contracts Totaling $8M
BranchOut Food contracts with the retailer now total approximately $8 million in annualized revenue New dried vegetable offerings have shipped ahead of a nationwide launch in July 2024 BEND, Ore., June 26, 2024 — BranchOut Food Inc.
BranchOut Food Ships First Production of New, Innovative Products to Nation's Largest Retailer, Initiating Second of Three Existing Contracts Totaling $8M
BranchOut Food Ships First Production of New, Innovative Products to Nation's Largest Retailer, Initiating Second of Three Existing Contracts Totaling $8M
BranchOut Food Enters the $300 Billion Industrial Food Ingredients Market
Industrial food ingredients expected to be a valuable additional commercialization channel Company to build out internal sales and marketing team to pursue new channel BranchOut Food will showcase its products and services at the ITF Annual Expo in July 2024...
U.S. Army Selects BranchOut Food Products for Field Test with Aim of Revolutionizing MREs
Cinnamon Churro Banana Bites and Chili Lime Pineapple Chips—Both Made with GentleDry Technology—Excelled in Recent Shelf Life and Sensory Tests BEND, Ore., June 24, 2024 – BranchOut Food Inc.
U.S. Army Selects BranchOut Food Products for Field Test with Aim of Revolutionizing MREs
BEND, Ore., June 24, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, is taking the next step in its strategic collaboration with the U.S. Army Combat...
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Category: Stock Reports