One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
BranchOut Food Inc.
BOF · NCM · Consumer Defensive · Packaged Foods
Current price
$3.73
52-week range
$1.93 - $5.25
Market cap
$60.65M
Balance sheet
Distressed
-6.63x Concerning
Net debt $8.72M. Interest coverage shows how many times profit covers the interest bill.
What stands out
1 Reward
2 Risks
1 rewards · 2 risks
- Reward Revenue grew 4.2% last year.
- Risk Return on equity was -202.6% last year — the company lost money on shareholders' equity.
- Risk Insider ownership is only 13.5% (peer median: 29.2%).
What this company does
BranchOut Food Inc.
BranchOut Food makes plant-based snacks, like dried pineapple chips and banana slices, as well as powders made from fruits and vegetables. The company earns money by selling these products in grocery stores and online, and also sells its dried ingredients to other food companies. This matters because BranchOut is focused on the growing consumer trend for healthier, convenient snacks.
How the company got here
BranchOut Food was founded in 2017 by Eric Healy after a trip to Peru, where he saw an opportunity to use a new food preservation technology on the country's abundant produce. The company, originally named AvoLov, LLC, aimed to create plant-based snacks and powders. It initially used a small-scale machine in Oregon before expanding to large production facilities in Peru and Chile to be closer to the fruit and vegetable sources. The company went public, meaning it started selling shares of stock to the public, on the Nasdaq stock exchange on June 16, 2023, to raise money for growth and to pay off debts.
What it actually does
BranchOut Food makes and sells dehydrated fruit and vegetable snacks and powders. They use a special process called GentleDry technology, which the company says keeps more of the original flavor, color, and nutrition in the final product compared to traditional drying methods. You might see their products like Pineapple Chips, Chewy Banana Slices, Bell Pepper Crisps, or fruit powders in grocery stores, big warehouse club stores, or for sale online. The company sells these items under its own BranchOut brand, and also makes similar products for other companies to sell under their own brand names.
Branded Retail Products
This part of the business focuses on selling snacks with the BranchOut name on the package directly to shoppers. You can find these products in the snack aisle of major retailers and warehouse clubs. This includes items like Crunchy Pineapple Chips, Organic Chewy Banana Bites, and Bell Pepper Crisps. The company is actively working to get its branded snacks into more stores across the country to build a nationally recognized name. This is one of the main ways the company makes money, by selling its unique snacks directly to consumers.
Private Label Products
BranchOut also produces snacks for other companies, which then sell them under their own brand names. This is known as 'private label'. For example, a large grocery store chain might hire BranchOut to make dried pineapple chips that the store then sells with its own store-brand logo on the bag. This is a major focus for the company because it can lead to large, consistent orders without the high marketing costs of building their own brand. This strategy allows them to sell to major retailers who want to offer unique, high-quality snacks to their customers at a good value.
Industrial Ingredients
This is a third way the company earns money, by selling its dehydrated fruit and vegetable products to other food manufacturers. These other companies then use BranchOut's products as ingredients in their own foods, such as cereals, trail mixes, or baked goods. For example, a cereal company might buy dried strawberry pieces to include in their breakfast cereal. This part of the business sells in bulk and is a key part of their plan to grow in different areas of the food market.
What management is betting on now
The company's leadership is heavily focused on growing its private label business, making products for major retailers to sell under their own names, seeing this as a path to growth without heavy marketing costs. They are also expanding their own branded products into thousands of new stores to increase brand recognition. A key part of their strategy is their special GentleDry technology, which they believe creates better-tasting and more nutritious snacks, giving them an edge over competitors. By operating large facilities in South America, they aim to control their supply chain (the entire process of making and selling their goods) from the farm to the final package, ensuring quality and efficiency.
Price history
How the share price has moved
—
Loading price history…
Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
FY2024 Q3
$-3.45M
FY2024 Q4
$-2.33M
FY2025 Q1
$-2.30M
FY2025 Q2
$-2.13M
FY2025 Q3
$-1.20M
FY2025 Q4
$-2.11M
FY2026 Q1
$-2.61M
FY2026 Q2
$-2.99M
Revenue
$4.46M
Net income
$-2.72M
Diluted EPS
-0.18
Operating cash flow
$-2.79M
Free cash flow
$-2.99M
Fetching…
Sources
Revenue
$2.61M
Net income
$-1.79M
Diluted EPS
-0.12
Operating cash flow
$-2.10M
Free cash flow
$-2.61M
Fetching…
Sources
Revenue
$4.01M
Net income
$-2.03M
Diluted EPS
-0.15
Operating cash flow
$-1.94M
Free cash flow
$-2.11M
Fetching…
Sources
Revenue
$3.22M
Net income
$-1.57M
Diluted EPS
-0.14
Operating cash flow
$-1.12M
Free cash flow
$-1.20M
Fetching…
Sources
Revenue
$3.30M
Net income
$-1.60M
Diluted EPS
-0.17
Operating cash flow
$-2.02M
Free cash flow
$-2.13M
Fetching…
Sources
Revenue
$3.19M
Net income
$-918.38K
Diluted EPS
-0.11
Operating cash flow
$-1.93M
Free cash flow
$-2.30M
Fetching…
Sources
Revenue
$1.50M
Net income
$-1.49M
Diluted EPS
-0.16
Operating cash flow
$-1.60M
Free cash flow
$-2.33M
Fetching…
Sources
Revenue
$2.18M
Net income
$-1.27M
Diluted EPS
-0.19
Operating cash flow
$-1.90M
Free cash flow
$-3.45M
Fetching…
Sources
Is it cheap or expensive?
Fair value — vs current price $3.73
We couldn't calculate a fair value right now.
Is it drowning in debt?
Distressed
Net debt $8.7M. Interest coverage -6.6x.
Net debt
$8.72M
Interest coverage
-6.63x
BranchOut Food Inc.'s profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 4 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Distressed
Worse cushion
Baseline
Better cushion
BOF
BASELINE
BranchOut Food Inc.
Total debt $8.93M Interest coverage -6.63x This is the baseline the peer rows are being compared against.
Total debt $997.57K Interest coverage -41.30x Neither company has much profit cushion over interest right now.
Total debt $3.76M Interest coverage -70.10x Neither company has much profit cushion over interest right now.
Total debt $54.91M Interest coverage -1.84x Neither company has much profit cushion over interest right now.
Total debt $12.92M Interest coverage 15.07x This peer still has a real interest-payment cushion, while BOF does not.
Total debt — Interest coverage -57.36x Neither company has much profit cushion over interest right now.
What you should know
The case for and against BOF
1 Reward
2 Risks
Rewards
-
Revenue grew 4.2% last year.
Risks
-
Return on equity was -202.6% last year — the company lost money on shareholders' equity.
-
Insider ownership is only 13.5% (peer median: 29.2%).
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
—
Forward P/E
—
P/B
12.77x
P/S
4.23x
EV/EBITDA
-10.25x
PEG ratio
—
Profitability
How much profit each dollar creates
Gross margin
9.9%
Operating margin
-50.7%
Net margin
-56.6%
ROE
-202.6%
ROA
-29.9%
Health
Liquidity and balance-sheet strength
Debt / equity
2.00x
Current ratio
1.03x
Quick ratio
0.52x
Total debt
$8.93M
Total cash
$211.99K
Growth
How the business has been compounding
Revenue TTM
$14.30M
Revenue 5Y CAGR
107.6%
EPS TTM
-0.60
EPS 5Y CAGR
—
Cash flow
How much cash the business throws off
Operating CF TTM
$-7.94M
Free CF TTM
$-7.75M
FCF margin
-54.2%
Dividend
Shareholder payout
Yield
—
Payout ratio
0.0%
Last ex-div date
—