Barfresh Food Q4 revenue soars, driven by Arps Dairy acquisition
Overview
Frozen beverage maker's preliminary Q4 revenue nearly doubled, full-year revenue up 33% yr/yr
Q4 gross margin fell due to facility transition costs and lower-margin Arps Dairy business
Company secured $7.5 mln in financing to expand manufacturing capacity
Outlook
Barfresh sees Q1 2026 revenue between $5 mln and $5.2 mln
Company expects to be Adjusted EBITDA breakeven for Q1 2026
Barfresh updates FY 2026 revenue guidance to $28 mln-$32 mln and Adjusted EBITDA to $3.2 mln-$3.8 mln
Result Drivers
ARPS DAIRY ACQUISITION - Revenue growth in Q4 and full year 2025 was driven by the acquisition of Arps Dairy
FACILITY TRANSITION COSTS - Gross margin declined due to costs associated with transitioning production to the company’s new facility
Company press release: ID:nGNX72hz3q
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Net Income |
| -$2.7 mln |
|
FY Adjusted EBITDA | Miss | -$2.1 mln | -$1.23 mln (2 Analysts) |
FY Gross Margin |
| 22% |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the non-alcoholic beverages peer group is "hold."
Wall Street's median 12-month price target for Barfresh Food Group Inc is $6.00, about 125.6% above its March 30 closing price of $2.66
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