BranchOut Food Inc. Signs LOI and receives $250K PO from Leading Ingredient Distributor, Definitive Agreement Targeting $5-6M in 2025 Ingredient Sales
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BranchOut Food Inc. has signed a Letter of Intent (LOI) and received a $250,000 purchase order from a leading ingredient distributor. The company is targeting $5-6 million in ingredient sales for 2025 and projects $4 million in net revenue for Q1 2025, a 170% increase from the previous year. BranchOut Food Inc. also expects to achieve positive cash flow in the same quarter.
December 06, 2024 | 1:30 pm
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BranchOut Food Inc. has signed a LOI and received a $250K purchase order, aiming for $5-6M in 2025 sales. The company projects a 170% revenue increase in Q1 2025 and expects positive cash flow.
The signing of a LOI and receipt of a $250K purchase order indicate strong business prospects for BranchOut Food Inc. The projected 170% increase in Q1 2025 revenue and expected positive cash flow are positive indicators for the company's financial health and growth potential, likely leading to a positive short-term impact on the stock price.
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