BranchOut Food Delivers Shareholder Update: 2024 Revenue Surges 640% in First Half, Poised for Continued Growth and Debt Elimination by Q4 2025
BranchOut Food Inc. (BOF)
Company Research
Source: GlobeNewswire
BranchOut Food estimated to finish year at $8 million in Net Revenue Net Revenue for 1st half 2024 up over 640% from revenue in 1st half 2023The Company estimates $5 million in Revenue for 2nd half of 2024, double that of the same period last year, to finish 2024 near $8 millionOpening new production facility in Peru with about $40 mm in capacity with first production anticipated in OctoberCompleted 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. The company reported a remarkable 640% increase in net revenue for the first half of 2024, as disclosed in its 10-Q filed on August 14, 2024. Net revenue surged to $2.83 million, up from $440,000 during the same period i
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BOF
Sec Filings
- 9/23/24 - Form S-3
- 9/9/24 - Form DEF
- 8/30/24 - Form 4
- BOF's page on the SEC website