Barfresh Q3 revenue record $4.2M (+16% YoY); positive Adj. EBITDA of $153K; reiterates FY25 guidance $14.5-$15.5M

BARFRESH FOOD GROUP INC.

2025-Q3 EPS reported -$0.12 revenue$8,786,000

Q3 revenue $4.2M (record), up 16% YoY; gross margin 37% vs 35% a year ago.
Net loss improved to $290K from $513K YoY; adjusted EBITDA positive $153K vs loss $124K.
Completed acquisition of Arps Dairy in early Oct; $2.3M govt grant prelim. approved.
Reiterates FY2025 revenue guidance $14.5-$15.5M; preliminary FY2026 guidance $30-$35M.
Balance sheet: $4.4M cash & AR, $1.1M inventory; acquisition funded via $1.3M debt expansion.

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