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BranchOut Food Inc. Secures Fourth EnWave Dehydration Machine for New Peru Factory with $40M Production Capacity
Newsfilter· 2024-06-17 20:00
BEND, Ore., June 17, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ:BOF), a leading food technology company specializing in dehydrated fruit and vegetable-based products, today announced it has signed a purchase agreement for a 10kW Radiant Energy Vacuum (REV) machine, built by EnWave Corporation (TSXV:ENW, FSE: E4U))). The machine will be installed at BranchOut Food's new, large-scale facility in Peru and will be used for R&D, rapid product development and production scale-up in response to new produ ...
BranchOut Food Successfully Completes Key Tests with U.S. Army, Advancing MREs with GentleDry Technology
prismmediawire.com· 2024-05-28 20:02
BranchOut Food Successfully Completes Key Tests with U.S. Army, Advancing MREs with GentleDry Technology Live troop field tests mark the final phase in integrating GentleDry technology into military rations BEND, Ore., May 28, 2024 — BranchOut Food Inc. (NASDAQ: BOF), a leading food technology company specializing in dehydrated fruit and vegetable-based products, has completed a successful shelf-life test through a strategic collaboration with the U.S. Army Combat Capabilities Development Command (DEVCOM) t ...
BranchOut Food Successfully Completes Key Tests with U.S. Army, Advancing MREs with GentleDry Technology
Newsfilter· 2024-05-28 20:00
BranchOut Food Successfully Completes Key Tests with U.S. Army, Advancing MREs with GentleDry Technology Live troop field tests mark the final phase in integrating GentleDry technology into military rations BEND, Ore., May 28, 2024 — BranchOut Food Inc. (NASDAQ: BOF), a leading food technology company specializing in dehydrated fruit and vegetable-based products, has completed a successful shelf-life test through a strategic collaboration with the U.S. Army Combat Capabilities Development Command (DEVCOM) t ...
BranchOut Food Inc. Secures Third EnWave Dehydration Machine; Announces $40M Production Capacity with New Peru Facility
Newsfilter· 2024-05-24 20:00
文章核心观点 - 公司宣布与EnWave Corporation扩大合作,购买第三台大型EnWave脱水机 [1][2][3] - 新购买的100kW NutraRev系统将提高产能和利润率,特别是在B2B原料领域 [2] - 这些新设备将帮助公司满足来自最大零售商和最大批发俱乐部的订单,并拓展其他潜在客户 [3] - 这一扩张将使公司成为全球最大的REV™技术装机之一,也是拉丁美洲最大的装机 [3] - 公司在秘鲁的战略性地理位置,加上丰富的农产品和低成本劳动力,进一步增强了其竞争优势 [3] 公司概况 - 公司是一家专注于脱水水果和蔬菜产品的食品科技公司 [1][4] - 公司的GentleDry技术是下一代脱水技术,可保留高达95%的新鲜水果和蔬菜的营养 [4] - 公司拥有17项以上专利保护其技术 [4] - 公司是高品质脱水水果和蔬菜产品的领先供应商,以其对质量和创新的承诺而与众不同 [4]
BranchOut Food Inc. Announces Record First Quarter 2024 Results, Gross Margin Increased to 19%, On Track for ~$8M Run Rate
Newsfilter· 2024-05-15 20:00
BEND, Ore., May 15, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ:BOF), a leading food technology company specializing in dehydrated fruit and vegetable-based products, today announced its recent accomplishments and financial results for the first quarter ended March 31, 2024. The Company reported a 1,407% increase in revenue for the first quarter ending March 31, 2024 of $1.47 million compared to $97,000 in the year ago quarter. Additionally, BranchOut Food achieved a gross margin of 19% in Q1 2024, ...
BranchOut Food (BOF) - 2024 Q1 - Quarterly Report
2024-05-14 21:15
Title or class Shares outstanding as of May 14, 2024 Common Stock, $0.001 par value 4,253,288 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Nevada 81-3980472 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.) Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such s ...
BranchOut Food Secures Large Scale Production Facility in Peru Capable of $40M in Production Capacity; Estimated 40-50% Gross Margins
Newsfilter· 2024-05-14 20:00
文章核心观点 - 公司已在秘鲁建立了一个50,000平方英尺的生产设施,并拥有在租赁期内以固定价格购买该设施的优先权 [1] - 公司为满足美国大型零售商的持续和不断增加的需求,已将业务扩展到秘鲁并实现了100%的垂直整合 [2] - 公司将把现有的大规模连续脱水机移到新的生产设施,并安装第二台新购买的脱水机 [3] - 公司预计新的生产设施将拥有4,000万美元的产能,并有空间进一步扩张 [3] - 公司与秘鲁当地大量农场建立了良好关系,可以以最低成本获得最新鲜的原料 [6] 根据相关目录分别进行总结 公司概况 - 公司是一家食品技术公司,生产脱水水果和蔬菜产品 [7] - 公司的"GentleDry"技术是下一代脱水技术,可保留高达95%的新鲜水果和蔬菜的原始营养 [7] - 公司拥有17项以上的专利技术 [7] - 公司是高品质脱水水果和蔬菜产品的领先供应商,以其对质量和创新的承诺而与众不同 [7] 业务发展 - 公司在过去12个月内实现了显著增长,包括从美国最大的仓储俱乐部和最大的零售商那里获得重复订单 [4] - 在秘鲁这个世界上最丰富的水果和蔬菜种植区建立自己的生产设施,将使公司能够控制整个生产过程,包括质量控制、计划和商品成本 [5] - 随着产能的增加,公司预计毛利率将增长到40-50% [5]
Why Is BranchOut Food (BOF) Stock Up 84% Today?
InvestorPlace· 2024-04-25 00:38
分组1 - BranchOut Food(NASDAQ:BOF)股票在周三起飞,公司宣布与美国一家主要零售商签订了第三份合同[1] - 这笔交易承诺了30万美元的资金,将使BranchOut Food的年收入超过800万美元,并将使公司的冷冻水果在2024年9月前进入1400多家商店[2] - BranchOut Food没有透露与之签订这三份合同的零售商的名称,但声称其合作伙伴是美国最大的零售商,其中包括与美国最大的俱乐部仓储零售商签订的合同[2]
BranchOut Food Announces Third Contract with Nation's Largest Retailer, to Total $8M in Annualized Revenue
Newsfilter· 2024-04-24 20:00
New commitment valued at $300,000 brings total annualized value to over $8M BranchOut Food's dried fruit products expected to enter 1,400 stores in September 2024 BEND, Ore., April 24, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ:BOF), a pioneering food technology company and producer of dehydrated fruit and vegetable-based products, today announced it has expanded its existing relationship with the nation's largest retailer. The new agreement brings the total annualized value of commitments from t ...
BranchOut Food (BOF) - 2023 Q4 - Annual Report
2024-04-02 05:14
BranchOut Food Inc. (together with its subsidiaries, the "Company," "BranchOut," "we," "our," or "us") was originally incorporated as AvoChips Inc., an Oregon corporation, on February 21, 2017. On November 2, 2017, AvoChips Inc. converted into Avochips, LLC, an Oregon limited liability company and on November 19, 2021, Avochips, LLC converted into a Nevada corporation named BranchOut Food Inc. Our Products Our Avocado Chips are real avocado slices, dehydrated using our licensed technology and process to cre ...