NASDAQ : BOF
BranchOut Food Inc. — Financial statements
Consumer Staples · Packaged Foods · United States
Last price 1.74 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 33.41M
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Financial statements
BranchOut Food Inc. (BOF) reported revenue of 14.34M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 14.34M | 13.72M | 6.43M | 2.83M | 752.18K | 715.55K |
| Cost of Revenue | 12.92M | 11.69M | 5.65M | 2.92M | 922.73K | 786.47K |
| Gross Profit | 1.42M | 2.03M | 781.80K | -96.23K | -170.55K | -70.92K |
| Selling, General & Admin | 8.71M | 7.40M | 4.68M | 3.41M | 2.14M | 840.81K |
| Operating Expenses | 8.71M | 7.40M | 4.68M | 3.41M | 2.24M | 841.14K |
| Operating Income | -7.29M | -5.36M | -3.90M | -3.50M | -2.41M | -912.05K |
| Interest Expense | -560.59K | -780.60K | -863.23K | -435.27K | -2.25M | -697.73K |
| Interest & Investment Income | 9.47K | 19.40K | 14.16K | 11.72K | 13.63K | 15.02K |
| Other Non Operating Income (Expenses) | 29.77K | 385.92K | ||||
| EBT Excluding Unusual Items | -7.81M | -6.12M | -4.75M | -3.93M | -4.64M | -1.21M |
| Other Unusual Items | 548.64K | |||||
| Pretax Income | -8.12M | -6.12M | -4.75M | -3.93M | -4.64M | -660.20K |
| Net Income | -8.12M | -6.12M | -4.75M | -3.93M | -4.64M | -660.20K |
| Net Income to Common | -8.12M | -6.12M | -4.75M | -3.93M | -4.64M | -660.20K |
| Shares Outstanding (Basic) | 13.54M | 10.73M | 5.69M | 2.73M | 1.20M | 1.12M |
| Shares Outstanding (Diluted) | 13.54M | 10.73M | 5.69M | 2.73M | 1.20M | 1.12M |
| EPS (Basic) | -0.60 | -0.57 | -0.83 | -1.44 | -3.87 | -0.59 |
| EPS (Diluted) | -0.60 | -0.57 | -0.83 | -1.44 | -3.87 | -0.59 |
| Free Cash Flow | -8.90M | -7.75M | -7.71M | -3.65M | -2.51M | -1.78M |
| Free Cash Flow Per Share | -0.66 | -0.72 | -1.35 | -1.34 | -2.09 | -1.59 |
| Gross Margin | 9.90% | 14.82% | 12.15% | -3.40% | -22.67% | -9.91% |
| Operating Margin | -50.83% | -39.08% | -60.65% | -123.93% | -319.88% | -127.46% |
| Profit Margin | -56.58% | -44.63% | -73.84% | -138.92% | -617.32% | -92.26% |
| Free Cash Flow Margin | -62.02% | -56.44% | -119.78% | -129.02% | -334.07% | -248.46% |
| EBITDA | -6.62M | -4.75M | -3.70M | -3.28M | -2.31M | -911.73K |
| EBITDA Margin | -46.13% | -34.59% | -57.45% | -116.01% | -127.42% | |
| D&A For EBITDA | 673.67K | 616.58K | 205.91K | 223.86K | 93.25K | 323.00 |
| EBIT | -7.29M | -5.36M | -3.90M | -3.50M | -2.41M | -912.05K |
| EBIT Margin | -50.83% | -39.08% | -60.65% | -123.93% | -127.46% | |
| Advertising Expenses | 514.66K | 229.76K | 199.29K | 75.03K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 211.99K | 616.28K | 2.33M | 657.79K | 312.70K | 620.33K |
| Cash & Short-Term Investments | 211.99K | 616.28K | 2.33M | 657.79K | 312.70K | 620.33K |
| Accounts Receivable | 2.67M | 1.32M | 418.46K | 635.55K | 78.24K | 143.32K |
| Other Receivables | 1.18M | 687.98K | 30.74K | 19.54K | 9.59K | 8.46K |
| Receivables | 3.84M | 2.01M | 449.20K | 655.08K | 87.83K | 151.77K |
| Inventory | 3.39M | 2.95M | 2.05M | 336.81K | 189.26K | 464.70K |
| Prepaid Expenses | 231.40K | 115.53K | 83.63K | 28.57K | 33.06K | 51.08K |
| Other Current Assets | 325.08K | 455.13K | 192.28K | |||
| Total Current Assets | 8.00M | 5.68M | 4.92M | 1.68M | 1.08M | 1.48M |
| Property, Plant & Equipment | 7.34M | 7.07M | 5.63M | 1.06M | 1.02M | 1.07M |
| Long-Term Deferred Charges | 543.66K | |||||
| Other Long-Term Assets | 1.94M | 1.70M | 1.95M | 235.75K | 235.75K | |
| Total Assets | 17.28M | 14.46M | 12.86M | 3.13M | 3.26M | 3.19M |
| Accounts Payable | 2.29M | 1.25M | 1.19M | 382.95K | 239.94K | 227.04K |
| Accrued Expenses | 1.59M | 1.04M | 333.61K | 165.24K | 728.86K | 318.36K |
| Short-Term Debt | 3.00M | 2.89M | 156.33K | |||
| Current Portion of Long-Term Debt | 734.61K | 3.90M | 6.35M | 200.00K | 4.51M | |
| Current Portion of Leases | 146.38K | 85.66K | 29.24K | 30.90K | ||
| Other Current Liabilities | 912.00K | 630.68K | ||||
| Total Current Liabilities | 7.76M | 6.27M | 8.81M | 779.09K | 8.37M | 1.33M |
| Long-Term Debt | 3.51M | 999.83K | 34.50K | 34.50K | 34.50K | 3.48M |
| Long-Term Leases | 1.54M | 1.62M | 1.67M | 101.03K | ||
| Total Liabilities | 12.81M | 8.89M | 10.51M | 914.62K | 8.40M | 4.82M |
| Common Stock | 15.32K | 13.38K | 8.43K | 4.04K | 1.20K | 2.98K |
| Additional Paid-In Capital | 32.68M | 29.22M | 19.90M | 15.02M | 3.74M | 2.62M |
| Retained Earnings | -28.20M | -23.69M | -17.56M | -12.81M | -8.88M | -4.24M |
| Comprehensive Income & Other | -29.55K | 26.86K | -8.58K | |||
| Shareholders' Equity | 4.47M | 5.57M | 2.34M | 2.21M | -5.14M | -1.62M |
| Total Liabilities & Equity | 17.28M | 14.46M | 12.86M | 3.13M | 3.26M | 3.19M |
| Total Debt | 8.93M | 6.60M | 8.07M | 366.43K | 7.44M | 3.64M |
| Net Cash (Debt) | -8.72M | -5.98M | -5.75M | 291.36K | -7.12M | -3.02M |
| Net Cash Per Share | -0.64 | -0.56 | -1.01 | 0.11 | -5.93 | -2.70 |
| Filing Date Shares Outstanding | 15.32M | 14.58M | 9.58M | 4.04M | 1.20M | 1.20M |
| Total Common Shares Outstanding | 15.32M | 13.39M | 8.42M | 4.04M | 1.20M | 1.20M |
| Working Capital | 240.77K | -584.24K | -3.90M | 899.15K | -7.29M | 147.75K |
| Book Value Per Share | 0.29 | 0.42 | 0.28 | 0.55 | -4.28 | -1.35 |
| Tangible Book Value | 4.47M | 5.57M | 2.34M | 2.21M | -5.14M | -1.62M |
| Tangible Book Value Per Share | 0.29 | 0.42 | 0.28 | 0.55 | -4.28 | -1.35 |
| Machinery | 6.53M | 6.35M | 4.45M | 1.23M | 1.12M | 1.07M |
| Construction In Progress | 837.62K | 302.52K | ||||
| Leasehold Improvements | 179.13K | 179.13K | 127.41K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -8.12M | -6.12M | -4.75M | -3.93M | -4.64M | -660.20K |
| Depreciation & Amortization | 673.67K | 616.58K | 205.91K | 223.86K | 93.25K | 323.00 |
| Other Amortization | 16.83K | 27.28K | 369.07K | 66.09K | 1.29M | 332.75K |
| Asset Writedown & Restructuring Costs | 761.09K | |||||
| Stock-Based Compensation | 680.07K | 245.42K | 704.70K | 258.57K | 93.52K | 136.29K |
| Provision & Write-off of Bad Debts | -25.59K | 25.59K | ||||
| Other Operating Activities | 359.98K | 467.68K | 89.95K | 377.20K | -934.57K | |
| Change in Accounts Receivable | -782.44K | -900.42K | 191.50K | -557.31K | 65.08K | -66.16K |
| Change in Inventory | -2.41M | -967.51K | -1.72M | -180.06K | 275.44K | -215.19K |
| Change in Accounts Payable | 733.31K | 58.68K | 811.13K | 102.87K | 33.01K | 224.99K |
| Change in Other Net Operating Assets | 949.09K | -422.75K | -788.62K | -278.76K | -47.86K | 98.86K |
| Operating Cash Flow | -7.92M | -7.00M | -4.86M | -3.53M | -2.47M | -1.08M |
| Capital Expenditures | -975.62K | -747.04K | -2.85M | -116.56K | -45.15K | -695.00K |
| Other Investing Activities | 24.65K | 22.71K | -371.95K | |||
| Investing Cash Flow | -975.62K | -747.04K | -2.82M | -116.56K | -22.44K | -1.07M |
| Short-Term Debt Issued | 239.24K | 189.65K | ||||
| Long-Term Debt Issued | 5.94M | 817.50K | 2.69M | 2.16M | ||
| Total Debt Issued | 3.00M | 5.94M | 817.50K | 2.93M | 2.34M | |
| Short-Term Debt Repaid | -91.54K | -304.03K | -33.32K | |||
| Long-Term Debt Repaid | -3.04M | -573.28K | -2.46M | -105.44K | -293.39K | |
| Total Debt Repaid | -2.39M | -3.04M | -573.28K | -2.55M | -409.48K | -326.71K |
| Net Debt Issued (Repaid) | 605.48K | -3.04M | 5.37M | -1.73M | 2.52M | 2.02M |
| Issuance of Common Stock | 7.99M | 9.12M | 4.53M | 6.23M | 10.00K | 64.45K |
| Other Financing Activities | -73.62K | -73.62K | -534.11K | -740.29K | -351.38K | -192.28K |
| Financing Cash Flow | 8.52M | 6.00M | 9.36M | 3.76M | 2.18M | 1.89M |
| Foreign Exchange Rate Adjustments | -49.73K | 35.45K | -8.58K | |||
| Net Cash Flow | -429.14K | -1.71M | 1.67M | 109.34K | -307.63K | -259.64K |
| Free Cash Flow | -8.90M | -7.75M | -7.71M | -3.65M | -2.51M | -1.78M |
| Free Cash Flow Margin | -62.02% | -56.44% | -119.78% | -129.02% | -334.07% | -248.46% |
| Free Cash Flow Per Share | -0.66 | -0.72 | -1.35 | -1.34 | -2.09 | -1.59 |
| Levered Free Cash Flow | -6.21M | -6.33M | -4.22M | -2.70M | -1.60M | -1.25M |
| Unlevered Free Cash Flow | -5.87M | -5.87M | -4.05M | -2.50M | -1.47M | -1.14M |
| Cash Interest Paid | 261.89K | 433.59K | 196.01K | 466.34K | 246.66K | 201.36K |
| Change in Working Capital | -1.51M | -2.23M | -1.50M | -913.27K | 325.68K | 42.50K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 31.87M | 42.55M | 13.59M | 4.89M | ||
| Enterprise Value | 40.59M | 48.83M | 19.54M | 4.26M | ||
| Last Close Price | 1.72 | 3.18 | 1.73 | 1.21 | ||
| PS Ratio | 2.30 | 3.10 | 2.11 | 1.73 | ||
| PB Ratio | 5.89 | 7.64 | 5.80 | 2.21 | ||
| P/TBV Ratio | 7.39 | 7.64 | 5.80 | 2.21 | ||
| EV/Sales Ratio | 2.91 | 3.56 | 3.04 | 1.51 | ||
| Debt / Equity Ratio | 2.00 | 1.19 | 3.45 | 0.17 | -1.45 | -2.24 |
| Net Debt / Equity Ratio | 1.95 | 1.07 | 2.45 | -0.13 | -1.39 | -1.86 |
| Net Debt / EBITDA Ratio | -1.32 | -1.26 | -1.55 | 0.09 | -3.08 | -3.31 |
| Net Debt / FCF Ratio | -0.98 | -0.77 | -0.74 | 0.08 | -2.83 | -1.70 |
| Asset Turnover | 0.94 | 1.00 | 0.81 | 0.89 | 0.23 | 0.30 |
| Inventory Turnover | 4.68 | 4.68 | 4.73 | 11.11 | 2.82 | 2.20 |
| Quick Ratio | 0.52 | 0.42 | 0.32 | 1.69 | 0.05 | 0.58 |
| Current Ratio | 1.03 | 0.91 | 0.56 | 2.15 | 0.13 | 1.11 |
| Return on Equity (ROE) | -202.59% | -154.79% | -208.76% | |||
| Return on Assets (ROA) | -29.95% | -24.54% | -30.52% | -68.52% | -46.57% | -24.07% |
| Return on Capital Employed (ROCE) | -76.60% | -65.50% | -96.60% | -149.30% | 47.10% | -49.00% |
| Earnings Yield | -36.10% | -14.39% | -34.97% | -80.22% | ||
| FCF Yield | -26.94% | -18.21% | -56.73% | -74.50% | ||
| Buyback Yield / Dilution | -65.14% | -88.55% | -108.82% | -127.16% | -7.24% | -2.65% |