BranchOut Food H1 revenue up 640%, expects $8M FY2024, Peru facility opening Oct

BranchOut Food Inc.

Net revenue H1 2024 $2.83M, up 640% from $440K in H1 2023.
Expects H2 2024 revenue of $5M, full year near $8M, double prior year H2.
New Peru production facility with ~$40M capacity; first production anticipated October 2024.
Completed $5.4M combined financings in June/July 2024, including CEO personal $400K.
Borrowed $1.2M from Kaufman Kapital at 15% interest, maturing Dec 31, 2024.

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