earnings
confidence high
sentiment positive
materiality 0.75
Barfresh Food Group reports record FY2024 revenue of $10.7M, guides FY2025 to $14.5M-$16.6M
BARFRESH FOOD GROUP INC.
- FY2024 revenue $10.7M (+32% YoY); net loss $2.8M (flat); adjusted EBITDA loss $1.3M (vs. -$1.7M in 2023).
- Q4 2024 revenue $2.8M (+45% YoY); gross margin 26% (down from 33%) due to temporary production inefficiencies.
- FY2025 guidance: record revenue $14.5M-$16.6M; Q1 margins expected in line with Q4, improvement in H2.
- Raised $3.0M in growth financing in Feb 2025 via common stock offering to scale manufacturing capacity.
- Pop & Go 100% Juice Freeze Pops launched in Q4 2024 with initial revenue generation.