Barfresh Food Group Inc

Barfresh Food Group Inc has a market capitalization of $38.91 million and a price-to-book ratio of 15.34, indicating a premium valuation relative to its book value. The company has no long-term debt, and its debt-to-equity ratio is 0.0, suggesting a conservative capital structure. However, the company's liquidity position is rated as low, and its operating and free cash flows are negative at -$769,000 and -$375,000, respectively, indicating cash flow challenges.

Profitability metrics are negative, with a return on equity of -17.71% and a return on assets of -9.46%, both significantly below the industry median for non-alcoholic beverage companies. The company reported a net loss of $449,000, and its operating income is also negative, reflecting operational inefficiencies or cost overruns. Gross profit of $1.17 million is insufficient to cover operating expenses, contributing to the net loss.

Barfresh's revenue is concentrated in a single business segment, with no disclosed geographic diversification in the latest financial data. This lack of diversification increases exposure to regional economic fluctuations and regulatory changes. The company's revenue of $2.83 million is modest, and there is no indication of significant growth in recent periods.

Looking ahead, the company's revenue outlook is uncertain, with no disclosed growth trajectory in the latest financial data. Analysts have assigned a mean price target of $5.25, with a median of $5.25 and a high of $6.00, suggesting potential upside from the current market price of $2.41. However, the absence of strong buy recommendations and the presence of only two buy ratings indicate limited analyst confidence in near-term performance.

Risk factors include the company's negative cash flows and low liquidity, which could constrain its ability to fund operations or invest in growth. The risk assessment indicates low dilution potential, with no immediate filing-based flags for equity issuance or share buybacks. However, the company's negative net income and operating cash flow suggest a need for potential capital raising, which could introduce dilution risk in the future.

Recent events include the publication of the latest financial data, which shows a continued net loss and negative cash flows. There are no disclosed material events or regulatory actions in the latest filings that would significantly impact the company's operations or valuation.

Revenue grew 32.6% year-over-year to $14.2 million in fiscal 2026, demonstrating strong top-line expansion momentum.

Analysts project 191.7% upside to a mean price target of $5.25, signaling significant expected valuation re-rating.

The company maintains a debt-to-equity ratio of 0.58, indicating moderate leverage relative to its equity base.

Cash conversion metrics rank above the cohort median, suggesting relatively efficient cash generation compared to peers.

Dilution, liquidity, and credit risks are all assessed at low levels, indicating a stable risk profile.

The company posted a net loss of $2.7 million in fiscal 2026, continuing a five-year trend of unprofitability.

Free cash flow remained negative at -$2.6 million in fiscal 2026, highlighting persistent cash burn issues.

A current ratio of 0.38 suggests potential short-term liquidity constraints relative to immediate liabilities.

Revenue $5.4M, +94,5% YoY; Operating income −8,7% YoY.

• ▍Revenue $5.4M, +94,5% YoY
• ▍Operating income −8,7% YoY
• ▍Net income +10,4% YoY
• ▍Free cash flow +0,5% YoY
• ▍Net margin -14.1%

Revenue $4.2M, +16,3% YoY; Operating income +48,0% YoY.

• ▍Revenue $4.2M, +16,3% YoY
• ▍Operating income +48,0% YoY
• ▍Net income +43,5% YoY
• ▍Free cash flow +59,4% YoY
• ▍Net margin -6.9%

Revenue $1.6M, +11,0% YoY; Operating income +14,1% YoY.

• ▍Revenue $1.6M, +11,0% YoY
• ▍Operating income +14,1% YoY
• ▍Net income +13,0% YoY
• ▍Free cash flow +7,4% YoY
• ▍Net margin -54.2%

Revenue $2.9M, +3,6% YoY; Operating income −64,4% YoY.

• ▍Revenue $2.9M, +3,6% YoY
• ▍Operating income −64,4% YoY
• ▍Net income −69,5% YoY
• ▍Free cash flow −90,7% YoY
• ▍Net margin -26.0%

Revenue $2.8M; Operating income -$824.0k.

• ▍Revenue $2.8M
• ▍Operating income -$824.0k
• ▍Net margin -30.6%

Revenue $3.6M; Operating income -$500.0k.

• ▍Revenue $3.6M
• ▍Operating income -$500.0k
• ▍Net margin -14.1%

Revenue $1.5M; Operating income -$1.0M.

• ▍Revenue $1.5M
• ▍Operating income -$1.0M
• ▍Net margin -69.1%

Revenue $2.8M; Operating income -$449.0k.

• ▍Revenue $2.8M
• ▍Operating income -$449.0k
• ▍Net margin -15.9%

Revenue $14.2M, +32,6% YoY; Operating income +0,4% YoY.

• ▍Revenue $14.2M, +32,6% YoY
• ▍Operating income +0,4% YoY
• ▍Net income +4,6% YoY
• ▍Free cash flow +1,3% YoY
• ▍Net margin -19.0%

Revenue $10.7M, +31,9% YoY; Operating income +1,5% YoY.

• ▍Revenue $10.7M, +31,9% YoY
• ▍Operating income +1,5% YoY
• ▍Net income −0,0% YoY
• ▍Free cash flow −7,2% YoY
• ▍Net margin -26.4%

Revenue $8.1M, −11,3% YoY; Operating income +54,1% YoY.

• ▍Revenue $8.1M, −11,3% YoY
• ▍Operating income +54,1% YoY
• ▍Net income +54,0% YoY
• ▍Free cash flow +56,9% YoY
• ▍Net margin -34.7%

Revenue $9.2M, +36,8% YoY; Operating income −432,6% YoY.

• ▍Revenue $9.2M, +36,8% YoY
• ▍Operating income −432,6% YoY
• ▍Net income −384,8% YoY
• ▍Free cash flow −607,2% YoY
• ▍Net margin -67.0%