BranchOut Food Inc. BOF
Food Inc., (collectively with its subsidiary, "BranchOut," the "Company," "we," "us"
or "our"), is a growth-stage consumer packaged foods company focused on developing, manufacturing, marketing, and distributing
clean-label, plant-based dried fruit and vegetable snacks for retail and foodservice markets through BranchOut-branded products, private-label
offerings, and industrial ingredient sales. We were originally incorporated as AvoChips Inc., an Oregon corporation, on February 21,
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $13.7M | $6.4M | $2.8M | $752.2K | — |
| Cost of revenue | $11.7M | $5.7M | $2.9M | $922.7K | — |
| Gross profit | $2.0M | $781.8K | -$96.2K | -$170.6K | — |
| R&D | $270.0K | $18.2K | — | — | — |
| SG&A | $3.5M | $1.1M | $1.6M | $929.7K | — |
| Total operating expenses | $7.4M | $4.7M | $3.4M | $2.2M | — |
| Operating income | -$5.4M | -$3.9M | -$3.5M | -$2.4M | — |
| Interest expense | $780.6K | $863.2K | $435.3K | $2.3M | — |
| Pre-tax income | -$6.1M | -$4.8M | -$3.9M | — | — |
| Net income | -$6.1M | -$4.8M | -$3.9M | -$4.6M | — |
| EPS, basic | -0.57 | -0.83 | -1.44 | -3.87 | — |
| EPS, diluted | -0.57 | -0.83 | -1.44 | -3.87 | — |
| Shares, diluted (wtd. avg.) | 10.7M | 5.7M | 2.7M | 1.2M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Cash and equivalents | $0 | $0 | $0 | $0 | — |
| Receivables | $1.3M | $418.5K | $635.5K | $78.2K | — |
| Inventory | $2.4M | $1.9M | $336.8K | $159.8K | — |
| Total current assets | $5.7M | $4.9M | $1.7M | $1.1M | — |
| Property, plant and equipment | $5.7M | $4.1M | $915.0K | $1.0M | — |
| Other intangibles | — | — | $850.0K | — | — |
| Total assets | $14.5M | $12.9M | $3.1M | $3.3M | — |
| Accounts payable | $1.3M | $1.2M | $382.9K | — | — |
| Short-term debt | $3.9M | — | — | — | — |
| Total current liabilities | $6.3M | $8.8M | $779.1K | $8.4M | — |
| Long-term debt | $999.8K | — | $234.5K | — | — |
| Total liabilities | $8.9M | $10.5M | $914.6K | $8.4M | — |
| Retained earnings | -$23.7M | -$17.6M | -$12.8M | -$8.9M | — |
| Total equity | $5.6M | $2.3M | $2.2M | -$5.1M | -$1.6M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Operating cash flow | -$7.0M | -$4.9M | -$3.5M | -$2.5M | — |
| Depreciation and amortisation | $616.6K | $205.9K | $223.9K | $93.3K | — |
| Stock-based compensation | $245.4K | $704.7K | $258.6K | $93.5K | — |
| Capital expenditure | $747.0K | $2.8M | $116.6K | $45.1K | — |
| Investing cash flow | -$747.0K | -$2.8M | -$116.6K | -$22.4K | — |
| Financing cash flow | $6.0M | $9.4M | $3.8M | $2.2M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-014040.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | — | $752.2K | $2.8M | $6.4M | $13.7M |
| Gross profit | — | -$170.6K | -$96.2K | $781.8K | $2.0M |
| Net income | — | -$4.6M | -$3.9M | -$4.8M | -$6.1M |
Recent filings and events
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Other event Item 8.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Material agreement signed Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Material agreement signed Item 1.01
- New debt or obligation Item 2.03
- Material agreement signed Item 1.01
- New debt or obligation Item 2.03
- Material agreement signed Item 1.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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