See more : SMT Scharf AG (S4AA.DE) 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 |
BranchOut Food Inc. Secures Fourth EnWave Dehydration Machine for New Peru Factory with $40M Production Capacity
Radiant Energy Vacuum machine will be used in R&D and rapid product development to meet the needs of major retailer demands BEND, Ore., June 17, 2024 — BranchOut Food Inc.
BranchOut Food Successfully Completes Key Tests with U.S. Army, Advancing MREs with GentleDry Technology
Live troop field tests mark the final phase in integrating GentleDry technology into military rations BEND, Ore., May 28, 2024 — BranchOut Food Inc. (NASDAQ: BOF), a leading food technology company specializing in dehydrated fruit and vegetable-based products, has completed...
BranchOut Food Successfully Completes Key Tests with U.S. Army, Advancing MREs with GentleDry Technology
BEND, Ore., May 28, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a leading food technology company specializing in dehydrated fruit and vegetable-based products, has completed a successful shelf-life test through a strategic collaboration with the U.S. Army Combat...
EnWave Sells 100kW Radiant Energy Vacuum Machine to BranchOut Foods Inc.
VANCOUVER, British Columbia, May 24, 2024 (GLOBE NEWSWIRE) -- EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) announced today that it has signed an equipment purchase agreement (the “EPA”) with BranchOut Foods Inc. (NASDAQ: BOF) (“BranchOut”), a leading food...
BranchOut Food Inc. Secures Third EnWave Dehydration Machine; Announces $40M Production Capacity with New Peru Facility
BEND, Ore., May 24, 2024 – BranchOut Food Inc. (NASDAQ: BOF), a leading food technology company specializing in dehydrated fruit and vegetable-based products, today announced the expansion of its agreement with EnWave Corporation (TSX-V: ENW | FSE: E4U). As part...
BranchOut Food Inc. Secures Third EnWave Dehydration Machine; Announces $40M Production Capacity with New Peru Facility
BEND, Ore., May 24, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a leading food technology company specializing in dehydrated fruit and vegetable-based products, today announced the expansion of its agreement with EnWave Corporation (TSX-V: ENW | FSE: E4U)....
Head-To-Head Comparison: BranchOut Food (BOF) versus Its Competitors
BranchOut Food (NASDAQ:BOF – Get Free Report) is one of 40 public companies in the “Food & kindred products” industry, but how does it contrast to its competitors? We will compare BranchOut Food to similar companies based on the strength...
BranchOut Food Inc. Announces Record First Quarter 2024 Results, Gross Margin Increased to 19%, On Track for ~$8M Run Rate
BEND, Ore., May 15, 2024 – PRISM MediaWire – BranchOut Food Inc. (NASDAQ: BOF), a leading food technology company specializing in dehydrated fruit and vegetable-based products, today announced its recent accomplishments and financial results for the first quarter ended March...
BranchOut Food Inc. Announces Record First Quarter 2024 Results, Gross Margin Increased to 19%, On Track for ~$8M Run Rate
Achieved a 1,407% revenue increase to $1.47 million in Q1 2024. Increased gross margin to 19% in Q1 2024, up from -3% last year.
BranchOut Food Secures Large Scale Production Facility in Peru Capable of $40M in Production Capacity; Estimated 40-50% Gross Margins
Build out to begin immediately, with production expected to commence in the third quarter BEND, Ore., May 14, 2024 – BranchOut Food Inc.
Source: https://incomestatements.info
Category: Stock Reports