Buda Juice (BUDA) investor relations material

Executive summary

• Completed IPO on NYSE American in January 2025, marking first earnings call as a public company.

• Achieved double-digit revenue growth of 12% year-over-year, reaching $12.6 million in 2025.

• Maintained profitability with net income of $3.53 million and generated $3.0 million in free cash flow.

• Focus remains on expanding distribution with retail partners and building the ultra-fresh category.

• Geographic footprint currently in Texas, with plans to expand to other states and coasts.

Financial highlights

• 2025 revenue up 12% year-over-year to $12.6 million; operating income $3.45 million; GAAP net income $3.53 million.

• Gross margin for 2025 was 44.6%, down from 46.2% in 2024 due to higher citrus costs.

• Operating expenses rose to $2.2 million from $1.8 million, mainly due to executive compensation normalization.

• Adjusted EBITDA for 2025 was $3.8 million, margin 29.8%; free cash flow $3.0 million, slightly down due to IPO expenses.

• Ended 2025 with $2 million in cash and no debt; post-IPO, cash increased to $20 million.

Outlook and guidance

• Q1 2026 revenue growth rate expected to accelerate to mid-teens year-over-year, driven by existing customers.

• For 2026, will begin reflecting federal income taxes, stock-based compensation, and ~$1 million in annual public company costs.

• Entered 2026 with a stronger balance sheet and capital to invest in growth initiatives.

• Management believes current initiatives position the company well for the next phase of development.

• No formal guidance planned for future periods.