Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
0.00 | 8.13M | 9.16M | 6.70M | 2.57M | Gross Profit |
0.00 | 2.48M | 1.44M | 2.51M | 764.07K | EBIT |
0.00 | -2.63M | -5.47M | -2.09M | -4.21M | EBITDA |
0.00 | -2.41M | -4.94M | -495.98K | -3.60M | Net Income Common Stockholders |
0.00 | -2.82M | -6.96M | -435.91K | -4.10M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
235.00K | 1.89M | 2.81M | 5.53M | 1.82M | Total Assets |
3.32M | 4.81M | 5.09M | 9.72M | 5.82M | Total Debt |
609.00K | 0.00 | 20.00K | 95.00K | 1.89M | Net Debt |
374.00K | -1.89M | -2.79M | -5.44M | 77.46K | Total Liabilities |
2.74M | 2.31M | 2.57M | 1.54M | 3.49M | Stockholders Equity |
578.00K | 2.50M | 2.52M | 8.18M | 2.32M |
Cash Flow | Free Cash Flow | |||
-2.28M | -2.96M | -2.66M | -2.01M | -3.27M | Operating Cash Flow |
-2.23M | -2.96M | -2.65M | -1.86M | -3.20M | Investing Cash Flow |
-53.00K | 0.00 | -13.00K | -150.54K | -74.19K | Financing Cash Flow |
626.00K | 1.83M | 5.00K | 5.73M | 4.14M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
79 Outperform | $3.52B | 12.76 | 23.07% | 4.34% | 13.22% | 11.37% | |
77 Outperform | $1.94B | 36.18 | 24.26% | ― | 4.54% | 19.37% | |
64 Neutral | $8.88B | 14.97 | 4.63% | 174.27% | 3.67% | 4.40% | |
55 Neutral | $336.09M | ― | -91.64% | ― | 4.71% | 52.27% | |
54 Neutral | $182.39M | ― | -25.77% | ― | -6.83% | 19.09% | |
40 Underperform | $39.46M | ― | -1457.29% | ― | -67.69% | -104.65% | |
39 Underperform | $42.04M | ― | -183.38% | ― | 31.88% | 9.47% |
Barfresh Food Group reported a 4% year-over-year increase in revenue to $2.9 million for the first quarter of 2025, aligning with their guidance. Despite achieving a gross margin of 31%, the company faced temporary production inefficiencies and increased logistics costs due to onboarding new co-manufacturers. These challenges are expected to be resolved by the end of the second quarter, positioning the company to leverage new customer wins in the education channel and potentially achieve record revenue for fiscal year 2025. The company secured $3.0 million in growth financing to support scaling production capacity, particularly in the education market.
Spark’s Take on BRFH Stock
According to Spark, TipRanks’ AI Analyst, BRFH is a Neutral.
Barfresh faces significant financial challenges, with no recent revenue and negative cash flow. However, the company projects strong future growth, driven by new product offerings and expanded manufacturing capabilities. Technical indicators are weak, and valuation is strained due to ongoing losses. The earnings call reflects potential for recovery if strategic goals are met.
To see Spark’s full report on BRFH stock, click here.
In 2024, Barfresh Food Group achieved its highest fiscal year revenue of $10.7 million, driven by expanded bottle production capacity and the launch of Pop & Go™ 100% Juice Freeze Pops. Despite facing temporary production inefficiencies and increased logistics costs, the company anticipates resolving these issues by mid-2025, positioning itself for further growth. Looking ahead to 2025, Barfresh expects record revenue between $14.5 million and $16.6 million, supported by enhanced production capacity and a strong product portfolio, aiming to capture significant opportunities in its target markets and deliver long-term shareholder value.
On February 28, 2025, Arnold Tinter resigned from his roles as a director and corporate secretary of Barfresh Food Group and its subsidiaries, citing his desire to retire from active business pursuits. His resignation was not due to any disagreement with the company, where he also served as chair of the Audit Committee and was a member of the compensation and nominating and corporate governance committees.
On February 5, 2025, Barfresh Food Group announced a Securities Purchase Agreement to sell 1,052,635 shares of common stock in a registered direct offering, expected to close by February 7, 2025, with gross proceeds of approximately $3 million. This strategic investment, primarily supported by existing shareholders, aims to expand the company’s manufacturing capabilities to meet growing customer demand and achieve positive cash flow, particularly within the education market, following successful testing of its new Pop & Go™ 100% Juice Freeze Pops.