BranchOut Food (BOF) Planet MicroCap Las Vegas 2026 summary

Business overview and growth

• Operates as a food technology platform leveraging proprietary dehydration technology to disrupt the freeze-dried market, with rapid year-over-year revenue growth and expansion into major retailers like Walmart, Sam's Club, Costco, and Target.

• Achieved $7 million in revenue in 2024, $14 million last year, and projects to reach the $20 million range this year, nearing profitability as plant utilization increases.

• Employs a three-pronged revenue model: branded retail, private label, and industrial ingredients, with all segments experiencing strong growth.

• Recently expanded production capacity with a fourth line and a new building for dairy products, with plans for further expansion and property acquisition.

• Secured significant new business, including a Sam's Club product rotation expected to generate $10–15 million in incremental revenue.

Technology and competitive advantage

• Utilizes Radiant Energy Vacuum (REV) technology, offering faster, more efficient dehydration that preserves flavor, color, and nutrition better than traditional freeze-drying.

• Holds an exclusive license with EnWave for certain products and the Peru region, creating a partial IP moat and first-mover advantage.

• Technology enables development of novel products, such as snackable dried Brussels sprouts and shelf-stable cheesecake bites, expanding addressable markets.

• R&D investment and process expertise are critical barriers to entry, as replicating product quality requires years of development.

• Strategic location in Peru provides access to low-cost, high-quality raw materials and labor, with proximity to North American markets.

Market strategy and innovation

• Focuses on rapid product development in collaboration with retailers, often creating custom SKUs to meet specific buyer requests.

• Launching multi-pack products targeting mainstream grocery and the family segment, aiming for $20–30 million in that channel over several years.

• Expanding into high-protein, high-fiber snacks to address trends like GLP-1, with dried dairy and fruit blends.

• Industrial ingredient sales to major food companies are growing, with projected $7 million in revenue from this segment this year.

• Most products are tariff-free due to exclusions for tropical fruits, with only a few SKUs subject to a 10% tariff.