BranchOut Food (BOF) Planet MicroCap Las Vegas 2026 summary

Business overview and growth

• Operates as a food technology platform leveraging proprietary dehydration technology, not just a CPG company.

• Built the largest installation of Radiant Energy Vacuum (REV) technology in Peru, enabling vertical integration and rapid scaling.

• Achieved rapid revenue growth: ~$7M in 2022, ~$14M in 2023, and expects to reach $20M+ in 2024, nearing profitability.

• Sells to major retailers including Walmart, Sam's Club, Costco, and recently launched 5 branded SKUs in Target.

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

Technology and production advantages

• REV technology offers faster, more efficient dehydration, preserving flavor, color, and nutrition better than freeze-drying.

• Exclusive license with EnWave for certain products and the Peru region, creating a partial competitive moat.

• Facility in Peru provides access to low-cost, high-quality raw materials and labor, with a short supply chain from farm to factory.

• Plant capacity is 1,000 metric tons/year, with recent expansion to four production lines and plans for further growth.

• Ability to develop innovative products, such as shelf-stable cheesecake bites and dried dairy, expanding into new categories.

Market strategy and innovation

• Focuses on product development in collaboration with retailers, often creating custom SKUs for partners like Costco and Walmart.

• New multi-pack initiative targets mainstream grocery, aiming for $20M–$30M in that channel over several years.

• Industrial ingredient sales are growing, with major customers like General Mills and Nestlé using their fruit powders and fragments.

• Positioned to benefit from health trends such as high-fiber and high-protein snacks, including products tailored to the GLP-1 market.

• Consumer feedback and retail trials show strong preference and intent to buy compared to traditional dried fruit.