BranchOut Food Inc.(BOF)Earnings, Financials & Key Ratios
BOF•NASDAQ
$3.49
$43M mkt cap·Price updated May 7, 2026
AboutBranchOut Food Inc. develops, markets, sells, and distributes plant-based dehydrated fruit and vegetable snacks, and powders in the United States. The company offers dehydrated fruit- and vegetable-based snacks, including avocado chips, chewy banana bites, pineapple chips, brussels sprout crisps, and bell pepper crisps; avocado, banana, and blueberry powders; and industrial ingredients, such as bulk avocado powder, dried avocado pieces, and other fruit powders/pieces. It also provides chocolate covered fruit items and private label products for retailers. The company was formerly known as AvoLov, LLC and changed its name to BranchOut Food Inc. in November 2021. The company was incorporated in 2017 and is headquartered in Bend, Oregon.Show more
- Revenue$7M+130.6%
- EBITDA-$4M-12.8%
- Net Income-$5M-21.0%
- EPS (Diluted)-0.83+15.3%
- Gross Margin13.25%+489.2%
- EBITDA Margin-56.73%+51.1%
- Operating Margin-59.89%+51.7%
- Net Margin-72.92%+47.5%
- ROE-208.76%-17.5%
- ROIC-58.5%+56.5%
- Debt/Equity3.45+1980.2%
- Interest Coverage-4.52+43.8%
BOF Key Insights
BranchOut Food Inc. (BOF) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
No significant strengths identified
✗Weaknesses
- ✗High debt to equity ratio of 3.4x
- ✗Weak Piotroski F-Score: 2/9
- ✗Negative free cash flow
- ✗Shares diluted 41.8% in last year
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
BOF Price & Volume
BranchOut Food Inc. (BOF) stock price & volume — 10-year historical chart
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BOF Growth Metrics
BranchOut Food Inc. (BOF) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years108.83%
TTM72.85%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-17.91%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM29.13%
Return on Capital
10 Years-97.08%
5 Years-97.08%
3 Years-126.08%
Last Year-122.18%
BOF Peer Comparison
BranchOut Food Inc. (BOF) competitors in Snacks and bakery products — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 FRSH | 2.5B | 9.03 | 14.33 | 16.43% | 20.69% | 18.54% | 0.06 | |
 SMPL | 1.24B | 12.44 | 12.20 | 8.98% | 6.26% | 5.23% | 0.17 | |
 HAIN | 83.61M | 0.74 | -0.13 | -10.17% | -36.12% | -164.68% | 1.64 | |
 BYND | 413.87M | 0.89 | -0.49 | -15.61% | 92.22% | |||
 OTLY | 336.29M | 10.77 | -2.14 | 4.71% | -17.06% | -432.85% | 26.12 | |
 STKL | 769.42M | 6.50 | 50 | 12.99% | 1.93% | 9.29% | 2.00 | |
 MGPI | 407.98M | 19.09 | -3.83 | -23.77% | -45.97% | -32.05% | 0.37 | |
 JBSS | 912.96M | 78.10 | 15.53 | 3.79% | 6.15% | 19.54% | 0.28 |
Compare BOF vs Peers
BranchOut Food Inc. (BOF) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BOF Income Statement
BranchOut Food Inc. (BOF) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|
| Sales/Revenue | 326.92K | 715.55K | 752.18K | 2.83M | 6.52M | 11.22M |
| Revenue Growth % | - | 118.88% | 5.12% | 275.69% | 130.6% | 72.85% |
| Cost of Goods Sold | 320.69K | 786.47K | 922.73K | 2.92M | 5.65M | 9.39M |
| COGS % of Revenue | 98.09% | 109.91% | 122.67% | 103.41% | 86.75% | - |
| Gross Profit | 6.23K▲ 0% | -70.92K▼ 1238.7% | -170.55K▼ 140.5% | -96.23K▲ 43.6% | 863.62K▲ 997.5% | 1.82M▲ 0% |
| Gross Margin % | 1.91% | -9.91% | -22.67% | -3.41% | 13.25% | 16.25% |
| Gross Profit Growth % | - | -1238.66% | -140.5% | 43.58% | 997.45% | - |
| Operating Expenses | 314K | 841.14K | 2.24M | 3.41M | 4.77M | 6.43M |
| OpEx % of Revenue | 96.05% | 117.55% | 297.21% | 120.53% | 73.14% | - |
| Selling, General & Admin | 275.23K | 840.81K | 2.14M | 2.64M | 4.77M | 5.38M |
| SG&A % of Revenue | 84.19% | 117.51% | 284.81% | 93.59% | 73.14% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - |
| Other Operating Expenses | 38.77K | 323 | 93.25K | 761.09K | 0 | 1.05M |
| Operating Income | -307.77K▲ 0% | -912.05K▼ 196.3% | -2.41M▼ 163.8% | -3.5M▼ 45.6% | -3.9M▼ 11.4% | -4.6M▲ 0% |
| Operating Margin % | -94.14% | -127.46% | -319.88% | -123.93% | -59.89% | -41.04% |
| Operating Income Growth % | - | -196.34% | -163.81% | -45.55% | -11.43% | - |
| EBITDA | -269.01K | -911.73K | -2.31M | -3.28M | -3.7M | -4.11M |
| EBITDA Margin % | -82.28% | -127.42% | -307.48% | -116.01% | -56.73% | -36.66% |
| EBITDA Growth % | - | -238.93% | -153.68% | -41.74% | -12.76% | -3.63% |
| D&A (Non-Cash Add-back) | 38.77K | 323 | 93.25K | 223.86K | 205.91K | 491.79K |
| EBIT | -336.36K | 37.53K | -2.39M | -3.49M | -3.89M | -4.58M |
| Net Interest Income | -223.45K | -682.71K | -2.24M | -423.55K | -849.08K | -977.44K |
| Interest Income | 36 | 15.02K | 13.63K | 11.72K | 14.16K | 21.23K |
| Interest Expense | 223.49K | 697.73K | 2.25M | 435.27K | 863.23K | 998.67K |
| Other Income/Expense | -252.07K | 251.85K | -2.24M | -423.55K | -849.08K | -977.44K |
| Pretax Income | -559.84K▲ 0% | -660.2K▼ 17.9% | -4.64M▼ 603.3% | -3.93M▲ 15.5% | -4.75M▼ 21.0% | -5.58M▲ 0% |
| Pretax Margin % | -171.25% | -92.26% | -617.32% | -138.92% | -72.92% | -49.75% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -559.84K▲ 0% | -660.2K▼ 17.9% | -4.64M▼ 603.3% | -3.93M▲ 15.5% | -4.75M▼ 21.0% | -5.58M▲ 0% |
| Net Margin % | -171.25% | -92.26% | -617.32% | -138.92% | -72.92% | -49.75% |
| Net Income Growth % | - | -17.93% | -603.33% | 15.46% | -21.04% | -17.91% |
| Net Income (Continuing) | -559.84K | -660.2K | -4.64M | -3.93M | -4.75M | -5.58M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.51▲ 0% | -0.59▼ 15.7% | -3.87▼ 555.9% | -0.98▲ 74.7% | -0.83▲ 15.3% | -0.48▲ 0% |
| EPS Growth % | - | -15.69% | -555.93% | 74.68% | 15.31% | 29.13% |
| EPS (Basic) | -0.51 | -0.59 | -3.87 | -0.98 | -0.83 | - |
| Diluted Shares Outstanding | 1.09M | 1.12M | 1.2M | 4.02M | 5.69M | 11.51M |
| Basic Shares Outstanding | 1.09M | 1.12M | 1.2M | 4.02M | 5.69M | 11.51M |
| Dividend Payout Ratio | - | - | - | - | - | - |
BOF Balance Sheet
BranchOut Food Inc. (BOF) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|
| Total Current Assets | 1.44M | 1.29M | 1.08M | 1.68M | 4.92M | 5.46M |
| Cash & Short-Term Investments | 1.12M | 620.33K | 312.7K | 657.79K | 2.33M | 812.01K |
| Cash Only | 1.12M | 620.33K | 312.7K | 657.79K | 2.33M | 812.01K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 77.16K | 151.77K | 87.83K | 655.08K | 449.2K | 1.95M |
| Days Sales Outstanding | 86.15 | 77.42 | 42.62 | 84.61 | 25.16 | 50.55 |
| Inventory | 249.51K | 203.97K | 159.76K | 336.81K | 1.93M | 621.5K |
| Days Inventory Outstanding | 283.98 | 94.66 | 63.2 | 42.07 | 124.66 | 60.98 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 2.08M |
| Total Non-Current Assets | 100.71K | 1.91M | 2.19M | 1.45M | 7.94M | 9.2M |
| Property, Plant & Equipment | 712 | 1.07M | 1.02M | 1.06M | 5.63M | 7.1M |
| Fixed Asset Turnover | 459.16x | 0.67x | 0.74x | 2.66x | 1.16x | 1.85x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 643.09K | 0 | 0 | 359.98K | 1.08M |
| Other Non-Current Assets | 100K | 192.28K | 1.16M | 384.63K | 1.95M | 8.06M |
| Total Assets | 1.54M▲ 0% | 3.19M▲ 106.9% | 3.26M▲ 2.2% | 3.13M▼ 4.3% | 12.86M▲ 311.4% | 14.66M▲ 0% |
| Asset Turnover | 0.21x | 0.22x | 0.23x | 0.90x | 0.51x | 0.82x |
| Asset Growth % | - | 106.88% | 2.21% | -4.26% | 311.38% | 886.48% |
| Total Current Liabilities | 745.36K | 1.33M | 8.37M | 779.09K | 8.81M | 3.34M |
| Accounts Payable | 22.08K | 247.07K | 280.08K | 382.95K | 1.19M | 1.35M |
| Days Payables Outstanding | 25.13 | 114.67 | 110.79 | 47.83 | 77.1 | 50.88 |
| Short-Term Debt | 88.44K | 156.33K | 7.4M | 200K | 6.35M | 1.38M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 494.26K | 907.3K | 0 | 121.87K | 912K | 609K |
| Current Ratio | 1.94x | 0.97x | 0.13x | 2.15x | 0.56x | 0.56x |
| Quick Ratio | 1.60x | 0.81x | 0.11x | 1.72x | 0.34x | 0.34x |
| Cash Conversion Cycle | 345.01 | 57.42 | -4.98 | 78.85 | 72.71 | 60.65 |
| Total Non-Current Liabilities | 2.03M | 3.48M | 34.5K | 135.53K | 1.7M | 6.2M |
| Long-Term Debt | 2.03M | 3.48M | 34.5K | 34.5K | 34.5K | 6.2M |
| Capital Lease Obligations | 0 | 0 | 0 | 101.03K | 1.67M | 5M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 2.77M | 4.82M | 8.4M | 914.62K | 10.51M | 9.54M |
| Total Debt | 2.12M | 3.64M | 7.44M | 366.43K | 8.07M | 7.59M |
| Net Debt | 999.72K | 3.02M | 7.12M | -291.36K | 5.75M | 6.78M |
| Debt / Equity | - | - | - | 0.17x | 3.45x | 3.45x |
| Debt / EBITDA | - | - | - | - | - | -1.85x |
| Net Debt / EBITDA | - | - | - | - | - | -1.65x |
| Interest Coverage | -1.38x | -1.31x | -1.07x | -8.05x | -4.52x | -4.59x |
| Total Equity | -1.23M▲ 0% | -1.62M▼ 32.0% | -5.14M▼ 216.9% | 2.21M▲ 143.0% | 2.34M▲ 5.9% | 5.11M▲ 0% |
| Equity Growth % | - | -32.01% | -216.91% | 143.01% | 5.93% | 448.97% |
| Book Value per Share | -1.13 | -1.45 | -4.28 | 0.55 | 0.41 | 0.44 |
| Total Shareholders' Equity | -1.23M | -1.62M | -5.14M | 2.21M | 2.34M | 5.11M |
| Common Stock | 2.78K | 2.98K | 1.2K | 4.04K | 8.43K | 12.23K |
| Retained Earnings | -3.58M | -4.24M | -8.88M | -12.81M | -17.56M | -21.66M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | -8.58K | 18.05K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
BOF Cash Flow Statement
BranchOut Food Inc. (BOF) cash flow — operating, investing & free cash flow history
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|
| Cash from Operations | -380.8K | -1.08M | -2.47M | -3.53M | -4.86M | -4.86M |
| Operating CF Margin % | -116.48% | -151.34% | -328.07% | -124.9% | -74.58% | - |
| Operating CF Growth % | - | -184.37% | -127.88% | -43.02% | -37.7% | -868.13% |
| Net Income | -559.84K | -660.2K | -4.64M | -3.93M | -4.75M | -5.58M |
| Depreciation & Amortization | 38.77K | 323 | 93.25K | 223.86K | 205.91K | 491.79K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 232.57K | -465.53K | 1.76M | 1.09M | 1.19M | 460.26K |
| Working Capital Changes | -92.3K | 42.5K | 325.68K | -913.27K | -1.5M | -2.04M |
| Change in Receivables | -63.22K | -66.16K | 65.08K | -557.31K | 191.5K | -569.43K |
| Change in Inventory | -153.56K | -24.58K | 44.21K | -177.04K | -1.59M | -1.22M |
| Change in Payables | 7.06K | 224.99K | 33.01K | 102.87K | 811.13K | 521.74K |
| Cash from Investing | 8K | -1.07M | -22.44K | -116.56K | -2.82M | -1.3M |
| Capital Expenditures | 0 | -695K | -45.15K | -116.56K | -2.85M | -1.3M |
| CapEx % of Revenue | - | 97.13% | 6% | 4.12% | 43.69% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - |
| Other Investing | 8K | -371.95K | 22.71K | 0 | 24.65K | 0 |
| Cash from Financing | 1.41M | 1.89M | 2.18M | 3.76M | 9.36M | 7.69M |
| Debt Issued (Net) | 1.41M | 2.02M | 2.52M | -1.73M | 5.37M | -1.25M |
| Equity Issued (Net) | 0 | 64.45K | 10K | 1000K | 1000K | 3M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | -192.28K | -351.38K | -740.29K | -534.11K | 1.04M |
| Net Change in Cash | 1.04M▲ 0% | -259.64K▼ 124.9% | -307.63K▼ 18.5% | 109.34K▲ 135.5% | 1.67M▲ 1428.8% | -257.19K▲ 0% |
| Free Cash Flow | -380.8K▲ 0% | -1.78M▼ 366.9% | -2.51M▼ 41.3% | -3.65M▼ 45.1% | -7.71M▼ 111.4% | -7.97M▲ 0% |
| FCF Margin % | -116.48% | -248.47% | -334.07% | -129.02% | -118.27% | -71.01% |
| FCF Growth % | - | -366.88% | -41.34% | -45.09% | -111.39% | -39.74% |
| FCF per Share | -0.35 | -1.59 | -2.09 | -0.91 | -1.35 | -1.35 |
| FCF Conversion (FCF/Net Income) | 0.68x | 1.64x | 0.53x | 0.90x | 1.02x | 1.43x |
| Interest Paid | 6.58K | 201.36K | 246.66K | 466.34K | 196.01K | 278.08K |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 |
BOF Key Ratios
BranchOut Food Inc. (BOF) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | -177.6% | -208.76% | -109.16% |
| Return on Invested Capital (ROIC) | -117.1% | -106.78% | -134.63% | -58.5% | -58.5% |
| Gross Margin | -9.91% | -22.67% | -3.41% | 13.25% | 16.25% |
| Net Margin | -92.26% | -617.32% | -138.92% | -72.92% | -49.75% |
| Debt / Equity | - | - | 0.17x | 3.45x | 3.45x |
| Interest Coverage | -1.31x | -1.07x | -8.05x | -4.52x | -4.59x |
| FCF Conversion | 1.64x | 0.53x | 0.90x | 1.02x | 1.43x |
| Revenue Growth | 118.88% | 5.12% | 275.69% | 130.6% | 72.85% |
BOF Frequently Asked Questions
BranchOut Food Inc. (BOF) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
BranchOut Food Inc. (BOF) reported $11.2M in revenue for fiscal year 2024. This represents a 3331% increase from $0.3M in 2020.
BranchOut Food Inc. (BOF) grew revenue by 130.6% over the past year. This is strong growth.
BranchOut Food Inc. (BOF) reported a net loss of $5.6M for fiscal year 2024.
Dividend & Returns
BranchOut Food Inc. (BOF) has a return on equity (ROE) of -208.8%. Negative ROE indicates the company is unprofitable.
BranchOut Food Inc. (BOF) had negative free cash flow of $8.0M in fiscal year 2024, likely due to heavy capital investments.
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BranchOut Food Inc. (BOF) financial analysis — history, returns, DCA and operating performance tools
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