BranchOut Food预计2025年第一季度净收入为380万美元

2024-10-25 00:26

BranchOut Food (NASDAQ:BOF) on Thursday said it is projecting $3.8M in net revenue for Q1 2025, up 150% from the prior year, driven by a surge of major customer reorders and commissioning of its production facility in Peru.
The company also expects to achieve positive cash flow in the same quarter.
BranchOut’s new Peru facility is functional and allows the company to take production in-house, driving higher margins and enabling immediate profitability, it said.
The company said that the nation’s largest warehouse club has expanded its relationship with BranchOut and a total of $1.7M reorders for Q1 2025 have been secured, with expectations of additional orders in Q2.
BranchOut has also signed an initial $175k order with the nation’s top salad kit producer, supplying them with crunchy cherry tomatoes.
"As we look ahead to 2025 and beyond, we see tremendous growth opportunities fueled by increasing demand from major retailers, ingredient customers and large CPG brands. Given the rapid growth, we are exploring the acquisition of a fourth large scale machine in 2025, which would increase our production capacity from $40M to approximately $50M and support our current and future sales goals for the next two years," said Eric Healy, CEO of BranchOut Food.
BOF is +0.57% to $1.76.
Source: Press Release

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