Food technology company BranchOut's Q3 revenue up 93%

Reuters10-21

Food technology company BranchOut's Q3 revenue up 93%

Overview

BranchOut Q3 revenue reaches $3.2 mln, up 93% yr/yr
Company completed ATM equity program, reducing notes payable by over 92%
BranchOut commits to purchasing new EnWave machine for capacity expansion

Outlook

BranchOut plans to expand capacity with a new EnWave REV 120kW machine in early 2026
Company sees strong demand for dragon fruit products in 2026
BranchOut in advanced talks with major retailers for 2026 expansion

Result Drivers

RECORD PRODUCTION - September marked the highest production month in BranchOut's history, with over 38,500 kg of finished product, reaching a $16 mln annualized run rate
STRAWBERRY PRODUCT SUCCESS - New strawberry item ranked among top 10 best-selling products in its category, gaining national attention
FINANCIAL STRENGTHENING - Completion of ATM equity program and reduction of notes payable by over 92% significantly strengthened balance sheet

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Revenue		$3.20 mln

Press Release: ID:nGNX68PDkY

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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