See more : Yang Guang Co.,Ltd. (000608.SZ) 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 |
EnWave Declares Significant Sales Wins for Royalty-Partner BranchOut Food
VANCOUVER, British Columbia, Feb. 29, 2024 (GLOBE NEWSWIRE) -- EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) today announced that BranchOut Food Inc. (NASDAQ:BOF) (“BranchOut”), a royalty partner of the Company, has broadened its existing relationship with the nation's...
BranchOut Food Significantly Expands Relationship with Nation's Largest Warehouse Club with New Orders Adding ~$900,000 in Q3 of 2024
After exceptional sales in the California regions, BranchOut expands into 7 more states Several additional regions now reviewing BranchOut Food's products due to exceptional sales BEND, Ore., February 26, 2024 – BranchOut Food Inc.
BranchOut Food Significantly Expands Relationship with Nation's Largest Warehouse Club with New Orders Adding ~$900,000 in Q3 of 2024
After exceptional sales in the California regions, BranchOut expands into 7 more states Several additional regions now reviewing BranchOut Food's products due to exceptional sales BEND, Ore., Feb. 26, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a pioneering...
BranchOut Food Expands Relationship with Nation's Largest Retailer, Valued at an estimated $7.6M Annually
BEND, Ore., February 12, 2024 – BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced that it has expanded its relationship with the nation's largest retailer. The new agreement...
BranchOut Food Expands Relationship with Nation's Largest Retailer, Valued at an estimated $7.6M Annually
BEND, Ore., Feb. 12, 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 expanded its relationship with the nation's largest retailer. The...
PRISM MarketView Highlights BranchOut Food as Company Reaches Revenue Records
New York, N.Y. February 8, 2024 – PRISM MarketView, a leading provider of unbiased market insight and company news, today highlights BranchOut Food (NASDAQ: BOF), a pioneering food technology company with a smart growth strategy that is helping it achieve...
PRISM CEO CORNER – Eric Healy, BranchOut Food – Reaching Record Revenues with Disruptive Food Technology
New York, February 7, 2024 – Consumer demand for healthier and more sustainable food options is on the rise in the US. According to the World Economic Forum, around 50% of Americans say they are actively trying to make healthy...
BranchOut Food Successfully Completes Part of Strategic Collaboration with U.S. Army to Revolutionize MREs with GentleDry Technology
Shelf life testing of BranchOut snacks expected to be completed in March 2024 BEND, Ore., January 31, 2024 – BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced that...
BranchOut Announces Preliminary Q4 2023 Revenue of ~$1.6 Million, 43% Sequential Growth Over the Previous Quarter; Revenue Now at ~$6.4 Million Annual Run Rate
Continued Product Line Expansion and Customer Launches Expected to Generate Strong Revenue Growth in 2024 BEND, Ore., January 22, 2024 – BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today...
BranchOut Announces Preliminary Q4 2023 Revenue of ~$1.6 Million, 43% Sequential Growth Over the Previous Quarter; Revenue Now at ~$6.4 Million Annual Run Rate
BranchOut Announces Preliminary Q4 2023 Revenue of ~$1.6 Million, 43% Sequential Growth Over the Previous Quarter; Revenue Now at ~$6.4 Million Annual Run
Source: https://incomestatements.info
Category: Stock Reports