BranchOut Food
BOF

$2.03

17.65%

Market Cap: $14.1M

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

Consumer Staples Food & Kindred Products

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

300% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 1

65% more capital invested

Capital invested by funds: $159K [Q1] → $263K (+$104K) [Q2]

60% more funds holding

Funds holding: 5 [Q1] → 8 (+3) [Q2]

6.76% more ownership

Funds ownership: 2.1% [Q1] → 8.86% (+6.76%) [Q2]

0% more repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 2

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Research analyst outlook

We haven’t received any recent analyst ratings for BOF.

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Financial journalist opinion

Based on 3 articles about BOF published over the past 30 days

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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 Delivers Shareholder Update: 2024 Revenue Surges 640% in First Half, Poised for Continued Growth and Debt Elimination by Q4 2025

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.

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. 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 Inc. Announces $3.925M CEO-led Investment Including an Insider PIPE and Convertible note

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.

BranchOut Food Inc. Announces $3.925M CEO-led Investment Including an Insider PIPE and Convertible note

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.

BranchOut Food Announces Closing of $1.4 Million Follow-On Public Offering

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.

BranchOut Food Announces Closing of $1.4 Million Follow-On Public Offering

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.

Why Is Branchout Food (BOF) Stock Down 39% Today?

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 Announces Nation's Largest Retailer Increases Third Contract to Approximately $1M Annually, Triples Original Commitment

BranchOut Food Announces Nation's Largest Retailer Increases Third Contract to Approximately $1M Annually, Triples Original Commitment

BEND, Ore., June 27, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced that the nation's largest retailer has increased the store count and overall projected sales of its third contract with BranchOut Food. The new third contract now has a value of approximately $1 million in sales and is three times larger than the retailer's original projection.

BranchOut Food Announces Nation's Largest Retailer Increases Third Contract to Approximately $1M Annually, Triples Original Commitment

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