See more : Nutrition SC Public Company Limited (NTSC.BK) 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 Secures Large Scale Production Facility in Peru Capable of $40M in Production Capacity; Estimated 40-50% Gross Margins
LIMA, Peru, May 14, 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 it has signed a long term lease for a 50,000 square...
Why Is BranchOut Food (BOF) Stock Up 84% Today?
BranchOut Food (NASDAQ: BOF ) stock is taking off on Wednesday after the company announced its third contract with a major retailer in the U.S. According to the company, this deal comes with a commitment of $300,000. That's enough to...
BranchOut Food Announces Third Contract with Nation's Largest Retailer, to Total $8M in Annualized Revenue
New commitment valued at $300,000 brings total annualized value to over $8M BranchOut Food's dried fruit products expected to enter 1,400 stores in September 2024 BEND, Ore., April 24, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a pioneering...
BranchOut Food Announces Third Contract with Nation's Largest Retailer, to Total $8M in Annualized Revenue
New commitment valued at $300,000 brings total annualized value to over $8M BranchOut Food's dried fruit products expected to enter 1,400 stores in September 2024 BEND, Ore., April 24, 2024 – BranchOut Food Inc.
BranchOut Food Strengthens Financial Position with Successful Sale of Senior Secured Promissory Notes and Warrants
Transaction supports Company's continued execution of its product roadmap and capital expenditures for new equipment BEND, Ore., April 17, 2024 – BranchOut Food Inc.
BranchOut Food Strengthens Financial Position with Successful Sale of Senior Secured Promissory Notes and Warrants
BEND, Ore., April 17, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a food technology company and maker of dehydrated fruit and vegetable-based products, today announced that it has completed the sale of $225,000 of Senior Secured Promissory Notes...
BranchOut Food Announces 2023 Financial Results Ending Year at a $6.4M Run Rate with Current Commitments of $9.0M in Annualized Sales for 2024
2023 net revenue of $2.83M, up 276% versus prioryear due to major retailer engagements BEND, Ore., April 02, 2024 – BranchOut Food Inc.
BranchOut Food Announces 2023 Financial Results Ending Year at a $6.4M Run Rate with Current Commitments of $9.0M in Annualized Sales for 2024
BEND, Ore., April 02, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced its recent accomplishments and financial results for the fourth quarter and year...
BranchOut Food to Debut New Products at Natural Products Expo West
Natural Products Expo West showcases trending products for retailers stocking stores shelves nationwide BranchOut Food will launch two new products lines including Salad Toppers and Kids' Snack Packs BEND, Ore., March 13, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc....
BranchOut Food to Debut New Products at Natural Products Expo West
Natural Products Expo West showcases trending products for retailers stocking stores shelves nationwide BranchOut Food will launch two new products lines including Salad Toppers and Kids' Snack Packs BEND, Ore., March 13, 2024 – BranchOut Food Inc.
Source: https://incomestatements.info
Category: Stock Reports