BranchOut Food Inc. (BOF)

From the record

BranchOut Food Inc.'s filings since 2023 show 5 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, 3 times, the latest 2024-10-15); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2025-03-31) (its current reports).

From the record

BranchOut Food Inc.'s 4 filed years say what it did: revenue went from $752 thousand in fiscal 2022 to $14 million in fiscal 2025, up 163.2% a year; it rose in 3 of 3 years; it never fell from a peak; net income was positive in 0 of 4 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, BranchOut Food Inc. lost about 110 cents for every dollar of shareholders' money, and gross profitability: its products earned about 14 cents per dollar of everything the company owns. Leverage: it owed about 61 cents per dollar of assets, and net share issuance: its share count grew 88.5% over the year (the filed statements).

From the record

BranchOut Food Inc.'s standing among 19 graded names in its industry family: revenue of $14 million in fiscal 2025 ranks in the bottom 15% by size; a net margin of -44.6% ranks in the bottom 24%; revenue growth of 163.2% a year over the last 3 filed years ranks in the top 8% (its annual reports).

From the record

BranchOut Food Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Healy, Eric (Chief Executive Officer, as filed), filing under that title since the record of its people begins (2023-06-13), so the years before are not on the record and this part is not read; the 5 officers and directors filing in the last fifteen months have been on the record a median of 2.8 years (bottom 12%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 5 people in charge now (bottom 17%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

BranchOut Food Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $0 thousand against debt of $5 million leaves -34.1% of its assets as net cash, bottom 39% of its family; cash from operations less capital spending is -56.4% of revenue (bottom 19%); a gross margin of 14.8% (bottom 21%); research spending of 2% of revenue (top 25%) (its annual report).

From the record

BranchOut Food Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 163.2% a year over the last three filed years against 163.2% over all 4, speeding up (top 24% of its family); the newest year grew 113.4% (top 3%); research spending grew 1388.3% a year (top 4%); capital spending grew 154.8% a year (top 3%) (its annual reports). BranchOut Food Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

BranchOut Food Inc.'s newest year against its own record: revenue of $14 million in fiscal 2025 came in 27% below the $19 million its prior three years' pace pointed to (bottom 3% of its family); net income of $6 million against a prior three-year average of $4 million (top 50%); a net margin of -44.6% against losses larger than its revenue before (top 3%) (its annual reports).