BranchOut Food Inc.
- Open
- 3.88
- Day high
- 4.01
- Day low
- 3.75
- Prev close
- 3.96
- Volume
- 44K
- Mkt cap
- $64M
- P/E (TTM)
- —
- EPS (TTM)
- —
- P/B
- 14.4
- P/S
- 4.5
- Yield
- —
- Per share
- —
- ▼Insiders net selling -$3.6M over the last 3 months (1 open-market buy, 1 sale)
- 🏛Institutions reducing (13F)
BranchOut Food Inc. (BOF) is a Consumer Defensive company listed on NASDAQ. The stock is up 82% over the past year. Over the trailing 3 months, insiders filed 1 open-market buy and 1 sale (SEC Form 4).
BranchOut Food Inc. (BOF) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
BOF earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Aug 13, 2026 | $-0.20 | $-0.18 | +10.0% | $4M | +11.5% |
| May 14, 2026 | — | $-0.12 | — | $3M | — |
| Mar 31, 2026 | — | $-0.16 | — | — | — |
| Nov 12, 2025 | — | $-0.14 | — | $3M | — |
| Aug 13, 2025 | — | $-0.17 | — | $3M | — |
| May 15, 2025 | — | $-0.11 | — | $3M | — |
| Nov 14, 2024 | — | $-0.19 | — | $2M | — |
| Aug 14, 2024 | — | $-0.22 | — | $1M | — |
| Apr 1, 2024 | — | $-0.37 | — | $1M | — |
| Nov 14, 2023 | — | $-0.18 | — | $906996 | — |
| Aug 21, 2023 | — | $-0.59 | — | $343065 | — |
| Mar 31, 2023 | — | $-0.65 | — | $97340 | — |
BOF insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 16, 2026 | Jones Byron Richedirector | Buy | 45 | $3.38 |
| Jun 4, 2026 | Kaufman Daniel Louis10 percent owner | Sell | 1,189,676 | $3.06 |
| May 14, 2026 | Kaufman Daniel Louis10 percent owner | Sell | 213,830 | $3.26 |
| May 7, 2026 | Kaufman Daniel Louis10 percent owner | Sell | 255,951 | $3.29 |
| Feb 12, 2026 | Healy Ericdirector, 10 percent owner, officer: Chief Executive Officer | Grant | 15,000 | $2.96 |
| Feb 12, 2026 | Jones Byron Richedirector | Grant | 20,000 | $2.96 |
| Feb 12, 2026 | Jain Devendirector | Grant | 15,000 | $2.96 |
| Feb 12, 2026 | Somerville Gregdirector | Grant | 15,000 | $2.96 |
| Feb 12, 2026 | Schwartz Lindseydirector | Grant | 20,000 | $2.96 |
| Feb 12, 2026 | Healy Ericdirector, 10 percent owner, officer: Chief Executive Officer | Grant | 435,000 | $2.96 |
| Jan 29, 2026 | Kaufman Daniel Louis10 percent owner | Option | 659,457 | $0.76 |
| Jun 13, 2025 | Dalfonsi Johndirector, officer: Chief Financial Officer | Grant | 20,000 | $2.06 |
| Jun 13, 2025 | Healy Ericdirector, 10 percent owner, officer: Chief Executive Officer | Grant | 180,000 | $2.06 |
| Jun 9, 2025 | Kaufman Daniel Louis10 percent owner | Option | 1,000,000 | $1.00 |
| Apr 22, 2025 | Jones Byron Richedirector | Buy | 500 | $1.74 |
Source: BOF SEC Form 4 filings, latest Jun 16, 2026. For informational purposes only — not investment advice.
See the full BOF insider & 13F page →BranchOut Food Inc. company profile
Overview
BranchOut Food Inc. (NASDAQ:BOF) is a packaged foods company that went public in June 2023, specializing in plant-based dehydrated fruit and vegetable snacks. Originally founded as AvoLov, LLC in 2017 and rebranded to BranchOut Food Inc. in November 2021, the company is headquartered in Bend, Oregon. The company has experienced significant financial challenges since its IPO, with consistent losses and declining cash positions as it attempts to establish itself in the competitive healthy snack market.
Business
BranchOut Food operates in the packaged foods industry, specifically within the growing plant-based and healthy snacking segment. The company develops, markets, sells, and distributes dehydrated fruit and vegetable products across multiple categories. The company's core offerings include dehydrated fruit and vegetable snacks such as avocado chips, chewy banana bites, pineapple chips, Brussels sprout crisps, and bell pepper crisps. These products are created through a dehydration process that removes moisture from fresh produce while preserving nutritional content and extending shelf life, creating portable, shelf-stable snacks that appeal to health-conscious consumers. BranchOut also produces fruit and vegetable powders, including avocado, banana, and blueberry powders, which can be used as ingredients in smoothies, baking, or other food preparation. Additionally, the company manufactures industrial ingredients such as bulk avocado powder and dried fruit pieces that are sold to other food manufacturers as components for their products. The company has expanded into chocolate-covered fruit items and provides private label manufacturing services for retailers who want to sell similar products under their own brand names. This diversification allows BranchOut to serve both direct consumers and business-to-business customers, though specific revenue breakdowns by segment are not publicly available.
Revenue model
BranchOut Food generates revenue primarily through direct product sales to retailers and consumers. The company sells its branded dehydrated snacks and powders through various distribution channels, while also providing private label manufacturing services to retailers who want to offer similar products under their own brands. The company's customers include retail chains, specialty health food stores, and direct consumers through e-commerce channels. The industrial ingredients business serves food manufacturers who incorporate BranchOut's dehydrated fruit and vegetable components into their own products. Several factors significantly impact BranchOut's margins and profitability. Raw material costs for fresh fruits and vegetables can fluctuate based on seasonal availability, weather conditions, and agricultural market dynamics. The dehydration process is energy-intensive, making the company sensitive to utility costs. Competition in the healthy snacking market is intense, with established players like Bare Snacks (acquired by PepsiCo) and numerous private label alternatives putting pressure on pricing power. The company faces challenges from scale economics - larger competitors can achieve better procurement pricing and manufacturing efficiency. Consumer demand for healthy snacks provides a tailwind, but the market is becoming increasingly crowded with plant-based and organic alternatives. Distribution costs and the need to maintain product freshness during shipping also impact margins, particularly for a smaller company without the logistics infrastructure of major food conglomerates.
Competitive moat
BranchOut Food's competitive moat appears to be relatively weak in the current market environment. The company operates in a highly competitive packaged foods segment where barriers to entry are generally low, and product differentiation is challenging to maintain. The company's primary competitive advantages are limited to its specialized dehydration processes and recipe formulations, particularly for products like avocado chips. However, these processes are not proprietary technology and can be replicated by competitors with sufficient resources. The company's focus on avocado-based products provided some early differentiation, but this niche has attracted numerous competitors as the market for healthy snacks has expanded. Brand recognition remains minimal for BranchOut compared to established players in the healthy snacking space. The company lacks the marketing budgets and distribution networks of larger competitors like PepsiCo's Bare Snacks or other established brands. Private label competition is particularly threatening, as retailers can offer similar products at lower prices by working directly with contract manufacturers. The company faces significant competitive pressure from both established food companies expanding into healthy snacks and new entrants attracted by the growing plant-based market. Without strong brand loyalty, proprietary technology, or significant cost advantages, BranchOut must compete primarily on product quality and price, making it vulnerable to competitive pressures and margin compression.
Risks & safety
BranchOut Food presents significant solvency risks with a very narrow margin of safety for investors. • Cash burn and liquidity crisis: The company burned $7.7 million in free cash flow during 2024, with only $2.4 million in cash remaining as of Q1 2025. At current burn rates, the company faces potential liquidity issues within months. • Debt and leverage concerns: Current liabilities of $8.5 million significantly exceed current assets of $5.8 million, creating a current ratio of 0.68. The debt-to-equity ratio of 2.77 indicates high financial leverage for a small, unprofitable company. • Valuation metrics: Trading at 5.5x book value despite consistent losses, the company's valuation appears disconnected from fundamental performance. Negative EBITDA makes traditional valuation metrics difficult to apply meaningfully. • Other considerations: Revenue growth has been volatile, declining from $6.5 million in 2024 to an annualized run rate of approximately $12.8 million based on Q1 2025 results. The company's small size and limited resources make it vulnerable to competitive pressures and operational disruptions.
Recent development
Based on available financial data, BranchOut Food has focused on expanding its product portfolio beyond its original avocado-centric offerings to include a broader range of dehydrated fruits and vegetables. The company has developed chocolate-covered fruit products and expanded into private label manufacturing services, indicating efforts to diversify revenue streams and improve capacity utilization. The company has experienced significant operational challenges since going public, with revenue volatility and consistently negative cash flows. Revenue peaked at $6.5 million in 2024 but showed quarterly fluctuations, suggesting difficulties in establishing consistent demand patterns or seasonal sales cycles. Manufacturing and distribution expansion appears to have been a focus, though this has come at the cost of increased operating expenses and cash burn. The company's move into industrial ingredients and bulk powder sales represents an attempt to serve B2B customers and achieve better economies of scale, though the financial impact of these initiatives has not yet translated into profitability. Recent financial performance suggests the company is struggling with working capital management and operational efficiency, as evidenced by the deteriorating current ratio and increasing debt levels relative to equity.
BOF company profile · for informational purposes only — not investment advice.
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