BOF
Income statement / Annual
Last year (2023), BranchOut Food Inc.'s total revenue was $2.83 M,
an increase of 275.69% from the previous year.
In 2023, BranchOut Food Inc.'s net income was -$3.93 M.
See BranchOut Food Inc.’s key income statements, including revenue, expenses, profit, and income.
Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
Operating Revenue |
$2.83 M
|
$752,178.00
|
$715,553.00
|
$326,921.00
|
Cost of Revenue |
$2.92 M |
$922,728.00 |
$786,469.00 |
$320,693.00 |
Gross Profit |
-$96,230.00 |
-$170,550.00 |
-$70,916.00 |
$6,228.00 |
Gross Profit Ratio |
-0.03 |
-0.23 |
-0.1 |
0.02 |
Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
General & Administrative
Expenses |
$2.48 M
|
$2.14 M
|
$840,814.00
|
$275,234.00
|
Selling & Marketing
Expenses |
$162,048.00
|
$396,361.00
|
$218,773.00
|
$35,656.00
|
Selling, General &
Administrative Expenses |
$2.64 M
|
$2.14 M
|
$840,814.00
|
$275,234.00
|
Other Expenses |
$761,085.00 |
$0.00 |
$0.00 |
$5,500.00 |
Operating Expenses |
$3.41 M |
$2.24 M |
$841,137.00 |
$314,002.00 |
Cost And Expenses |
$6.33 M |
$3.16 M |
$1.63 M |
$634,695.00 |
Interest Income |
$11,719.00 |
$13,627.00 |
$15,017.00 |
$36.00 |
Interest Expense |
$435,271.00 |
$2.25 M |
$697,729.00 |
$223,485.00 |
Depreciation &
Amortization |
$223,856.00
|
$93,253.00
|
$323.00
|
$38,768.00
|
EBITDA |
-$3.27 M
|
-$2.30 M
|
$37,854.00
|
-$297,589.00
|
EBITDA Ratio |
-1.16 |
-3.06 |
-1.25 |
-0.81 |
Operating Income Ratio
|
-1.24
|
-3.2
|
-1.27
|
-0.94
|
Total Other
Income/Expenses Net |
-$423,552.00
|
-$2.24 M
|
$251,855.00
|
-$252,068.00
|
Income Before Tax |
-$3.93 M |
-$4.64 M |
-$660,198.00 |
-$559,842.00 |
Income Before Tax Ratio
|
-1.39
|
-6.17
|
-0.92
|
-1.71
|
Income Tax Expense |
$0.00 |
$13,627.00 |
$697,729.00 |
$228,985.00 |
Net Income |
-$3.93 M |
-$4.64 M |
-$660,198.00 |
-$559,842.00 |
Net Income Ratio |
-1.39 |
-6.17 |
-0.92 |
-1.71 |
EPS |
-1.44 |
-1.16 |
-0.16 |
-0.14 |
EPS Diluted |
-1.44 |
-1.16 |
-0.16 |
-0.14 |
Weighted Average Shares
Out |
$2.73 M
|
$4.02 M
|
$4.02 M
|
$3.96 M
|
Weighted Average Shares
Out Diluted |
$2.73 M
|
$4.02 M
|
$4.02 M
|
$3.96 M
|
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