BranchOut Food
About: Branchout Food inc is engaged in the development, marketing, sale, and distribution of plant-based, dehydrated fruit and vegetable snacks and powders. Its products are currently manufactured for the company by contract manufacturers based in South America and North America that produce dehydrated fruit and vegetable products for the company using a new proprietary dehydration technology that it licenses from a third party. The Company's customers are primarily located throughout the United States. Its current primary products are BranchOut Snacks, BranchOut Powders, and BranchOut Industrial Ingredients.
Employees: 5
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
63% more funds holding
Funds holding: 8 [Q2] → 13 (+5) [Q3]
47% more capital invested
Capital invested by funds: $263K [Q2] → $386K (+$124K) [Q3]
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
5.16% less ownership
Funds ownership: 8.86% [Q2] → 3.7% (-5.16%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for BOF.
Financial journalist opinion
Neutral
MCAP MediaWire
2 weeks ago
BranchOut Food Inc. Signs LOI and receives $250K PO from Leading Ingredient Distributor, Definitive Agreement Targeting $5-6M in 2025 Ingredient Sales
Projecting $4.0M in net revenue for Q1 2025—up 170% from the prior year—and expects to achieve positive cash flow in the same quarter Key Highlights: BEND, Ore., Dec. 05, 2024 – PRISM MediaWire – BranchOut Food Inc.
Neutral
GlobeNewsWire
2 weeks ago
BranchOut Food Inc. Signs LOI and receives $250K PO from Leading Ingredient Distributor, Definitive Agreement Targeting $5-6M in 2025 Ingredient Sales
Projecting $4.0M in net revenue for Q1 2025—up 170% from the prior year—and expects to achieve positive cash flow in the same quarter Projecting $4.0M in net revenue for Q1 2025—up 170% from the prior year—and expects to achieve positive cash flow in the same quarter
Neutral
MCAP MediaWire
1 month ago
BranchOut Food Shareholder Update: Projects $15M Run Rate and Positive Cash Flow for Q1 2025 Amid Surge in New Orders as Peru Factory Opens
BranchOut Peru Facility Now Operational, Driving Profitability Through High-Margin Production Key Highlights: BEND, Ore., October 24, 2024 – PRISM MediaWire – BranchOut Food Inc. (NASDAQ: BOF), a cutting-edge leader in food technology, today unveiled transformative developments that position the company for a banner year of growth and profitability.
Negative
PennyStocks
3 months ago
Should You Sell Your Penny Stocks When the Market Drops?
When the market experiences a downturn, it's natural for investors to reassess their portfolios, and those trading penny stocks might wonder if it's time to sell. However, there are key considerations to keep in mind before making any hasty decisions.
Neutral
MCAP MediaWire
3 months ago
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.
Neutral
GlobeNewsWire
3 months ago
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 Net Revenue for 1 st half 2024 up over 640% from revenue in 1 st half 2023 The Company estimates $5 million in Revenue for 2 nd half of 2024, double that of the same period last year, to finish 2024 near $8 million Opening new production facility in Peru with about $40 mm in capacity with first production anticipated in October Completed combined financing of $5.4 million in June and July 2024 to finance completion of new production facility BEND, Ore., Aug. 28, 2024 (GLOBE NEWSWIRE) -- 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.
Neutral
MCAP MediaWire
4 months ago
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.
Neutral
GlobeNewsWire
4 months ago
BranchOut Food Inc. Announces $3.925M CEO-led Investment Including an Insider PIPE and Convertible note
BEND, Ore., July 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 closing of a $525,000 investment in company led by its CEO, Eric Healy, who invested $400,000, with Eagle Vision Fund LP (an entity affiliated with the Company's CFO) investing $100,000, and the Company's President investing $25,000, in exchange for the issuance of 692,529 shares of common stock . In addition, the Company closed a convertible note for $3,400,000 with Kaufman Kapital.
Neutral
MCAP MediaWire
5 months ago
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.
Neutral
GlobeNewsWire
5 months ago
BranchOut Food Announces Closing of $1.4 Million Follow-On Public Offering
BEND, Ore., June 28, 2024 (GLOBE NEWSWIRE) -- 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. The gross proceeds from the offering, before underwriting discounts and commissions and estimated offering expenses payable by the Company, are approximately $1,400,000.
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