New York, October 24, 2024 - PRISM MarketView - BranchOut Food Inc. (NASDAQ: BOF) shares are trading up 8% after announcing several milestones that are projected to drive growth and profitability in 2025. With the launch of its production facility in Peru and a rise in major customer reorders, the company is projecting $3.8 million in Q1 2025 revenue, a 150% increase from the prior year, and expects to achieve positive cash flow in the same quarter.
“As we look ahead to 2025 and beyond, we see tremendous growth opportunities fueled by increasing demand from major retailers, ingredient customers and large CPG brands. Given the rapid growth, we are exploring the acquisition of a fourth large scale machine in 2025, which would increase our production capacity from $40M to approximately $50M and support our current and future sales goals for the next two years.”
Eric Healy, CEO of BranchOut Food
Key Highlights:
- $3.8M projected Q1 2025 revenue, with strong growth throughout the year.
- Positive cash flow expected in Q1 2025.
- Peru facility now operational, driving higher-margin production.
- $1.7M reorder from the nation’s largest warehouse club after strong sales performance.
- Ingredient channel expansion in discussions with a potential sales partner targeting $5-$6M in 2025.
- Debt-free target by Q4 2025.
BranchOut’s newly operational Peru facility, which features its proprietary GentleDry™ technology, enables the company to bring production in-house, boosting margins and profitability.
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