earnings
confidence high
sentiment positive
materiality 0.70
Barfresh Food Group Q3 revenue $3.6M (+40% YoY); expects positive Adj. EBITDA in Q4
BARFRESH FOOD GROUP INC.
2024-Q3 EPS reported
-$0.13
revenue$7,929,000
- Q3 revenue $3.6M, up 40% YoY; gross margin 35%, adjusted gross margin 38%.
- Net loss $513K vs $476K loss in Q3 2023; adjusted EBITDA loss $124K vs $89K loss.
- Company expects record FY2024 revenue and positive adjusted EBITDA in Q4 2024.
- New Pop & Go freeze pops launched in education channel; expanded capacity expected Q4.
- Secured $1.5M receivables financing facility in August 2024.