BranchOut Food Inc. (BOF)
NASDAQ (CM) NASDAQ (CM) Primary 
BranchOut Food Delivers Shareholder Update: 2024 Revenue Surges 640% in First Half, Poised for Continued Growth and Debt Elimination by Q4 2025
BranchOut Food estimated to finish year at $8 million in Net Revenue Bend, OR, August 28, 2024 – BranchOut Food Inc. (NASDAQ: BOF), an industry leader in food technology focused on dehydrated fruit and vegetable products, today provided a comprehensive update on its financial performance and operational milestones.
BranchOut Food Inc. Announces $3.925M CEO-led Investment Including an Insider PIPE and Convertible note
The combined $3.925M and recently completed $1.4M public offering positions the company to complete the construction of its Peru factory and achieve profitability with its current customer pipeline BEND, Ore., July 23, 2024 — BranchOut Food Inc.
BranchOut Food Announces Closing of $1.4 Million Follow-On Public Offering
BEND, OR, June 28, 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 closing of its underwritten public offering of 1,750,000 shares of common stock at a public offering price of $0.80 per share.
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 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 common stock at a public offering price of $0.80 per share.
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 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 BEND, Ore., June 25, 2024 — BranchOut Food Inc.
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.
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 a successful shelf-life test through a strategic collaboration with the U.S.
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 of its valuation, analyst recommendations, institutional ownership, earnings, risk, dividends and profitability. Institutional and Insider Ownership 2.6% of BranchOut Food shares are owned by institutional investors. Comparatively, 48.6% of shares of all “Food & kindred products” companies are owned by institutional investors. 30.5% of BranchOut Food shares are owned by insiders. Comparatively, 20.5% of shares of all “Food & kindred products” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term. Profitability This table compares BranchOut Food and its competitors’ net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets BranchOut Food -100.10% -143.59% -110.86% BranchOut Food Competitors -29.98% -51.00% -12.81% Earnings and Valuation This table compares BranchOut Food and its competitors top-line revenue, earnings per share and valuation. Gross Revenue Net Income Price/Earnings Ratio BranchOut Food $2.83 million -$3.93 million -1.27 BranchOut Food Competitors $7.04 billion $640.13 million 2.98 BranchOut Food’s competitors have higher revenue and earnings than BranchOut Food. BranchOut Food is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry. Analyst Recommendations This is a breakdown of current ratings and target prices for BranchOut Food and its competitors, as provided by MarketBeat.com. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score BranchOut Food 0 0 0 0 N/A BranchOut Food Competitors 322 1309 1512 31 2.39 As a group, “Food & kindred products” companies have a potential upside of 18.33%. Given BranchOut Food’s competitors higher probable upside, analysts plainly believe BranchOut Food has less favorable growth aspects than its competitors. Summary BranchOut Food competitors beat BranchOut Food on 8 of the 9 factors compared. About BranchOut Food (Get Free Report) 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. BranchOut Food Inc. was incorporated in 2017 and is headquartered in Bend, Oregon.
