Welcome to our dedicated page for Barfresh news (Ticker: BRFH), a resource for investors and traders seeking the latest updates and insights on Barfresh stock.
Barfresh Food Group Inc. (Nasdaq: BRFH) is a developer, manufacturer and distributor of ready-to-blend and ready-to-drink frozen beverages, including smoothies, shakes and frappes. This news page aggregates company announcements and third-party coverage related to BRFH, with a focus on operational updates, financial results and manufacturing developments.
Recent news about Barfresh highlights its emphasis on the education market, foodservice industry and restaurant chains, as well as its transition toward an integrated manufacturing model. Articles cover topics such as quarterly and annual earnings releases, revenue trends, gross margin performance and the use of non-GAAP measures like Adjusted Gross Profit and Adjusted EBITDA. Management commentary in these releases often discusses production capacity, logistics, and the impact of co-manufacturing partners on supply.
A key theme in Barfresh news is the acquisition and integration of Arps Dairy, Inc., an Ohio-based dairy processing company. Coverage includes the entry into the stock purchase agreement, completion of the acquisition, and subsequent updates on manufacturing activity at Arps’ existing facility in Defiance, Ohio. News items describe how Barfresh has begun producing bottled beverages, carton products and bulk formats at this site and how the acquisition is intended to reduce third-party manufacturing fees and improve operational efficiency.
Investors and industry followers can also find updates on government grant approvals related to the 44,000-square-foot manufacturing facility in Defiance, Ohio, as well as information about Barfresh’s financing activities, such as receivables facilities and equity offerings. For anyone tracking BRFH, this page provides a centralized view of earnings reports, manufacturing milestones, channel expansion in the education sector and other material events disclosed through press releases and SEC-related communications.
Barfresh Food Group (Nasdaq: BRFH) announced a business update call on April 28, 2022, at 1:30 PM PT. Interested parties can join via phone or webcast through the company’s website. A telephonic playback will be available post-call until May 12, 2022. Barfresh specializes in ready-to-blend and ready-to-drink beverages, primarily targeting the education sector and foodservice industry. Their proprietary system offers cost-efficient, waste-reducing beverage preparation. For further details, visit barfresh.com.
Barfresh Food Group (Nasdaq: BRFH) announced its participation in the Maxim 2022 Virtual Growth Conference scheduled for March 28-30, 2022. CEO Riccardo Delle Coste will represent the company, which specializes in frozen, ready-to-blend beverages. Barfresh provides various products, including smoothies and shakes, primarily targeting the education and foodservice markets. Its innovative system offers portion-controlled, pre-packaged ingredients for on-site beverage preparation, ensuring efficiency and reduced waste. Investors can access the company's presentation online.
Barfresh Food Group reported record revenues for the fourth quarter and full year 2021, achieving $2.5 million in Q4 revenue, a 296% increase year-over-year, and a total of $6.7 million for the year, up 161%. The company also achieved near breakeven Adjusted EBITDA and improved net income to $130,000 from a $1.4 million loss in Q4 2020. With a debt-free balance sheet and an expanded customer base, Barfresh is poised for growth in 2022. Key factors driving revenue included demand for the Twist & Go product in schools and a return to sales for single serve products.
Barfresh Food Group (Nasdaq: BRFH) has announced participation in the 34th Annual Roth Conference, taking place from March 13-15, 2022, in Dana Point, CA. CEO Riccardo Delle Coste and CFO Lisa Roger will be engaged in one-on-one and small group meetings on March 14 and 15. Notably, there will be no formal presentation at the conference. Barfresh specializes in frozen ready-to-blend and ready-to-drink beverages, leveraging a patented system for efficient and sustainable preparation. For more information, visit www.barfresh.com.
Barfresh Food Group (Nasdaq: BRFH) will host a business update call on March 10, 2022, at 1:30 pm PT (4:30 pm ET). Interested listeners can join by calling (855) 327-6837 in North America or (631) 891-4304 internationally. A playback will be available two hours post-call until March 24, 2022 at (844) 512-2921 (North America) and (412) 317-6671 (international), using passcode 10018207. The call can also be accessed via a live webcast on Barfresh’s website, with a replay available for 30 days.
Barfresh Food Group (Nasdaq: BRFH) has partnered with G&J Pepsi-Cola Bottlers to distribute its Twist & Go product through G&J's chilled distribution network. This collaboration follows a successful pilot program validating G&J Pepsi's ability to handle Barfresh's offerings and customer satisfaction. The deal is already generating revenue for both companies. CEO Riccardo Delle Coste expressed excitement over the partnership, highlighting the potential value added to G&J Pepsi's extensive beverage lineup.
Barfresh Food Group (Nasdaq: BRFH) has expanded its K12 beverage offerings to 29 new school districts, impacting over 242,000 students. This includes Caddo Parish Public Schools in Louisiana, marking the company's first entry into the state, and multiple districts in Virginia. The CEO highlighted a significant growth trajectory in the education sector, with four consecutive quarters of revenue increases. Barfresh anticipates further growth without needing additional capital, bolstered by a strong balance sheet.
Barfresh Food Group (OTCQB: BRFH) announced its common stock has been approved for listing on The Nasdaq Capital Market, effective January 20, 2022. Riccardo Delle Coste, CEO, expressed enthusiasm over completing the uplisting process, highlighting improvements in the company's balance sheet, reduced expenses, and expanded product offerings that position Barfresh for long-term growth. This milestone is expected to enhance corporate visibility and provide broader access to investors, thereby increasing long-term shareholder value.
Lisa Roger Appointed CFO of Barfresh Food Group
Barfresh Food Group (OTCQB: BRFH) has appointed Lisa Roger as its new Chief Financial Officer. With extensive experience in public manufacturing, particularly with Fox Factory, her expertise encompasses finance, business development, and tax strategy. CEO Riccardo Delle Coste expressed confidence in her ability to enhance the company’s financial platform and drive growth. Barfresh specializes in frozen ready-to-blend and ready-to-drink beverages targeting the foodservice industry.
Barfresh Food Group (OTCQB: BRFH) has expanded its education program to 536 new school locations in Maryland, impacting over 380,000 students across eight school districts. Notably, Anne Arundel County Public Schools, with 124 schools, anticipates around 30,000 weekly servings of Barfresh's Twist & Go beverages. CEO Riccardo Delle Coste expressed confidence in exceeding $2 million in revenue for Q4 2021, citing strong growth in the education sector. This expansion signals Barfresh's commitment to increasing market penetration and revenue generation.