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Barfresh(BRFH) - 2024 Q1 - Earnings Call Transcript
2024-05-18 15:36
财务数据和关键指标变化 - 第一季度收入增长35%至2.8亿美元,创历史新高 [10][26] - 毛利率达41.4%,较上年同期提升0.5个百分点 [27] - 净亏损减少至449万美元,较上年同期的889万美元有所改善 [28] - 首次实现正的调整后EBITDA,达53万美元 [31] 各条业务线数据和关键指标变化 - 瓶装产品销售受到行业范围内的4盎司和8盎司纸盒短缺的影响,但纸盒产品需求强劲 [26] - 五合一浓缩果汁产品重新上市,针对高销量渠道 [11] 各个市场数据和关键指标变化 - 最近新增2600所学校,服务超过200万学生 [18][24] - 与东南地区最大的区域销售经纪人达成合作,将大幅提升销售网络和客户获取能力 [19][20][22] - 重新签约自由女神像和埃利斯岛,成为该场所最畅销的食品饮料产品 [50] 公司战略和发展方向及行业竞争 - 正在寻找新的瓶装制造合作伙伴,预计在新学年开始前完成,将进一步推动增长 [14][15][47] - 加强供应链和制造能力,新任命供应链和合同制造副总裁 [16][17] - 重点拓展教育、餐饮等各大客户群体,利用新的销售网络 [19][20][22][23] 管理层对经营环境和未来前景的评论 - 对2024财年创纪录的收入、毛利率和现金流充满信心 [24][34][35][36] - 第三季度有望创下公司历史最高收入 [36] - 正在克服过去的供应挑战,未来发展前景看好 [21][34][35]
Barfresh(BRFH) - 2024 Q1 - Quarterly Report
2024-05-16 04:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ___________________ Commission File Number: 001-41228 BARFRESH FOOD GROUP INC. (Exact name of registrant as specified in its charter) Delaware 27-199440 ...
Barfresh(BRFH) - 2024 Q1 - Quarterly Results
2024-05-16 04:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 15, 2024 BARFRESH FOOD GROUP INC. (Exact name of registrant as specified in its charter) Delaware 001-41228 27-1994406 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 3600 Wilshire Boulevard Suite 1720, Los Angeles, California 90010 ...
Barfresh Enters into Agreement with Largest Regional Sales Broker in the Southeast
Newsfilter· 2024-05-13 20:30
Company Bolsters Prescence in Southeast with Additional 82 New Broker Sales People Representing Barfresh's Entire Line of Smoothie Products Move Rapidly Scales Barfresh's Sales Footprint Amid Accelerating Customer Momentum, Driving Barfresh's Projected Record Fiscal Year 2024 Revenue and Year Over Year Margin Expansion LOS ANGELES, May 13, 2024 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the "Company" or "Barfresh") (NASDAQ:BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, today an ...
Barfresh Continues to Aggressively Add New Customers in the Education Channel
Newsfilter· 2024-05-07 20:30
Barfresh Secures 443 New School Customer Locations Across Multiple States, Serving Barfresh Products to Over 360,000 Students Customer Growth Acceleration Fuels Company's Projected Record Fiscal Year 2024 Revenue and Year Over Year Margin Expansion LOS ANGELES, May 07, 2024 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the "Company" or "Barfresh") (NASDAQ:BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, reinforced its education channel sales momentum today by announcing new multi-st ...
Barfresh Announces Appointment of Marko Matla as Vice President of Supply Chain & Co-Manufacturing
Newsfilter· 2024-05-01 21:45
Seasoned Executive Brings Decades of Expertise and Industry Partnerships to Optimize Supply Chain Operations Strategic Hire to Amplify Management's Efforts Towards Significant Sales Uplift Expected in Fiscal Year 2024 LOS ANGELES, May 01, 2024 (GLOBE NEWSWIRE) -- Barfresh Food Group Inc. (the "Company" or "Barfresh") (NASDAQ:BRFH), a provider of frozen, ready-to-blend and ready-to-drink beverages, today announced the appointment of Marko Matla as Vice President of Supply Chain & Co-Manufacturing. In his rol ...
Barfresh Highlights Many New Wins With its Smoothies in the Education Channel
Newsfilter· 2024-04-26 22:06
Company Secures Seven Co-Operatives to Serve Barfresh Twist & Go Smoothies on the Breakfast Menu in Over 2,200 New Schools to Approximately 1.5 Million Students for Fall Company Projects to Achieve Highest Annual Revenue in Fiscal Year 2024 and Year-over-Year Margin Improvement Amid Bottling Recovery Efforts, Propelled by Accelerated Customer Wins Company Expects Confirmation from Many Additional New School Bids Expected to be Won in the Next Few Months to Begin this Fall LOS ANGELES, April 26, 2024 (GLOBE ...
Barfresh(BRFH) - 2023 Q4 - Annual Report
2024-03-23 04:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to ______________ Commission File Number: 001-41228 BARFRESH FOOD GROUP INC. (Exact name of registrant as specified in its charter) Delaware 27-1994406 ...
Barfresh(BRFH) - 2023 Q4 - Earnings Call Transcript
2024-03-01 08:14
Barfresh Food Group, Inc. (NASDAQ:BRFH) Q4 2023 Earnings Call Transcript February 29, 2024 4:30 PM ET Company Participants Riccardo Delle Coste - Founder and CEO Lisa Roger - CFO Conference Call Participants Anthony Vendetti - Maxim Group Operator Good afternoon, everyone, and thank you for participating on today's Fourth Quarter and Full Year 2023 Corporate Update Call for Barfresh Food Group. Joining us today is Barfresh Food Group's Founder and CEO, Riccardo Delle Coste and Barfresh Food Group's CFO, Lis ...
Barfresh(BRFH) - 2023 Q4 - Annual Results
2024-02-29 00:00
年度财务表现 - 公司在2023财年实现了第二高的年度收入,达到810万美元,毛利率为36%[1] - 2023财年全年收入为810万美元,较2022年的920万美元下降,净亏损为280万美元,较2022年的610万美元减少,销售、营销和分销费用为260万美元,G&A费用为270万美元[4] 季度财务表现 - 2023年第四季度收入为190万美元,较2022年同期的140万美元增长,毛利率为33%[2] - 2023年第四季度净亏损为70.1万美元,较2022年同期的190万美元减少,销售、营销和分销费用为62.4万美元,G&A费用为62.9万美元[3] 2024财年展望 - 公司预计2024财年将实现创纪录的年度收入[11] - 公司预计2024年的毛利润将较2023年增加,毛利率预计将达到30%以上[12] 调整后的财务表现 - 调整后的2023年全年调整后EBITDA亏损为170万美元,较2022年的240万美元减少[7]