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Side-by-side financial comparison of BranchOut Food Inc. (BOF) and BT Brands, Inc. (BTBD). Click either name above to swap in a different company.

BranchOut Food Inc. is the larger business by last-quarter revenue ($4.0M vs $3.9M, roughly 1.0× BT Brands, Inc.). BT Brands, Inc. runs the higher net margin — 23.7% vs -50.6%, a 74.4% gap on every dollar of revenue. On growth, BranchOut Food Inc. posted the faster year-over-year revenue change (181.9% vs -11.4%). BT Brands, Inc. produced more free cash flow last quarter ($261.8K vs $-2.1M). Over the past eight quarters, BranchOut Food Inc.'s revenue compounded faster (65.4% CAGR vs -1.8%).

Food Lion is an American regional supermarket chain headquartered in Salisbury, North Carolina, that operates over 1,000 supermarkets in 10 states: Delaware, Georgia, Kentucky, Maryland, North Carolina, South Carolina, Pennsylvania, Tennessee, Virginia, and West Virginia. The chain employs over 82,000 people. It was founded in 1957 as Food Town, a single grocery store in Salisbury. It later expanded to many locations across North Carolina. It was independently operated until it was acquired b...

BT Group plc is a British multinational telecommunications holding company headquartered in London, England. It has operations in around 180 countries and is the largest provider of fixed-line, broadband and mobile services in the UK, and also provides subscription television and IT services.

BOF vs BTBD — Head-to-Head

Bigger by revenue
BOF
BOF
1.0× larger
BOF
$4.0M
$3.9M
BTBD
Growing faster (revenue YoY)
BOF
BOF
+193.3% gap
BOF
181.9%
-11.4%
BTBD
Higher net margin
BTBD
BTBD
74.4% more per $
BTBD
23.7%
-50.6%
BOF
More free cash flow
BTBD
BTBD
$2.4M more FCF
BTBD
$261.8K
$-2.1M
BOF
Faster 2-yr revenue CAGR
BOF
BOF
Annualised
BOF
65.4%
-1.8%
BTBD

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BOF
BOF
BTBD
BTBD
Revenue
$4.0M
$3.9M
Net Profit
$-2.0M
$915.0K
Gross Margin
7.6%
Operating Margin
-47.6%
19.1%
Net Margin
-50.6%
23.7%
Revenue YoY
181.9%
-11.4%
Net Profit YoY
-36.5%
516.9%
EPS (diluted)
$-0.15
$0.15

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BOF
BOF
BTBD
BTBD
Q4 25
$4.0M
Q3 25
$3.2M
$3.9M
Q2 25
$3.3M
$3.8M
Q1 25
$3.2M
$3.2M
Q4 24
$1.4M
Q3 24
$2.2M
$4.3M
Q2 24
$1.4M
$4.1M
Q1 24
$1.5M
$3.2M
Net Profit
BOF
BOF
BTBD
BTBD
Q4 25
$-2.0M
Q3 25
$-1.6M
$915.0K
Q2 25
$-1.6M
$55.0K
Q1 25
$-918.4K
$-329.8K
Q4 24
$-1.5M
Q3 24
$-1.3M
$-219.5K
Q2 24
$-942.6K
$-70.0K
Q1 24
$-1.1M
$-445.7K
Gross Margin
BOF
BOF
BTBD
BTBD
Q4 25
7.6%
Q3 25
17.7%
Q2 25
18.4%
Q1 25
17.3%
Q4 24
0.9%
Q3 24
15.4%
Q2 24
10.9%
Q1 24
19.3%
Operating Margin
BOF
BOF
BTBD
BTBD
Q4 25
-47.6%
Q3 25
-44.3%
19.1%
Q2 25
-40.8%
-2.0%
Q1 25
-21.4%
-9.0%
Q4 24
-80.7%
Q3 24
-41.4%
-1.7%
Q2 24
-60.6%
-4.6%
Q1 24
-69.9%
-19.8%
Net Margin
BOF
BOF
BTBD
BTBD
Q4 25
-50.6%
Q3 25
-48.8%
23.7%
Q2 25
-48.6%
1.5%
Q1 25
-28.8%
-10.2%
Q4 24
-104.5%
Q3 24
-58.3%
-5.0%
Q2 24
-69.2%
-1.7%
Q1 24
-71.6%
-14.0%
EPS (diluted)
BOF
BOF
BTBD
BTBD
Q4 25
$-0.15
Q3 25
$-0.14
$0.15
Q2 25
$-0.17
Q1 25
$-0.11
Q4 24
$-0.16
Q3 24
$-0.19
$-0.04
Q2 24
$-0.22
Q1 24
$-0.26

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BOF
BOF
BTBD
BTBD
Cash + ST InvestmentsLiquidity on hand
$3.5M
Total DebtLower is stronger
$4.9M
Stockholders' EquityBook value
$5.6M
$7.7M
Total Assets
$14.5M
$11.9M
Debt / EquityLower = less leverage
0.89×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOF
BOF
BTBD
BTBD
Q4 25
Q3 25
$3.5M
Q2 25
$3.0M
Q1 25
$2.7M
Q4 24
Q3 24
$2.0M
Q2 24
$1.5M
Q1 24
$1.5M
Total Debt
BOF
BOF
BTBD
BTBD
Q4 25
$4.9M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
BOF
BOF
BTBD
BTBD
Q4 25
$5.6M
Q3 25
$5.1M
$7.7M
Q2 25
$3.5M
$6.8M
Q1 25
$3.9M
$6.7M
Q4 24
$2.3M
Q3 24
$1.5M
$8.5M
Q2 24
$2.0M
$8.7M
Q1 24
$1.7M
$8.8M
Total Assets
BOF
BOF
BTBD
BTBD
Q4 25
$14.5M
Q3 25
$14.7M
$11.9M
Q2 25
$13.2M
$11.2M
Q1 25
$14.1M
$11.0M
Q4 24
$12.9M
Q3 24
$9.6M
$13.7M
Q2 24
$6.7M
$14.0M
Q1 24
$2.7M
$14.0M
Debt / Equity
BOF
BOF
BTBD
BTBD
Q4 25
0.89×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BOF
BOF
BTBD
BTBD
Operating Cash FlowLast quarter
$-1.9M
$325.2K
Free Cash FlowOCF − Capex
$-2.1M
$261.8K
FCF MarginFCF / Revenue
-52.6%
6.8%
Capex IntensityCapex / Revenue
4.3%
1.6%
Cash ConversionOCF / Net Profit
0.36×
TTM Free Cash FlowTrailing 4 quarters
$-7.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOF
BOF
BTBD
BTBD
Q4 25
$-1.9M
Q3 25
$-1.1M
$325.2K
Q2 25
$-2.0M
$384.4K
Q1 25
$-1.9M
$-306.7K
Q4 24
$-1.6M
Q3 24
$-1.9M
$129.3K
Q2 24
$-853.9K
$82.5K
Q1 24
$-503.6K
$-408.9K
Free Cash Flow
BOF
BOF
BTBD
BTBD
Q4 25
$-2.1M
Q3 25
$-1.2M
$261.8K
Q2 25
$-2.1M
Q1 25
$-2.3M
$-431.1K
Q4 24
$-2.3M
Q3 24
$-3.4M
$50.4K
Q2 24
$-1.4M
$53.7K
Q1 24
$-553.6K
$-521.3K
FCF Margin
BOF
BOF
BTBD
BTBD
Q4 25
-52.6%
Q3 25
-37.4%
6.8%
Q2 25
-64.5%
Q1 25
-72.2%
-13.3%
Q4 24
-163.6%
Q3 24
-157.9%
1.2%
Q2 24
-101.3%
1.3%
Q1 24
-37.7%
-16.3%
Capex Intensity
BOF
BOF
BTBD
BTBD
Q4 25
4.3%
Q3 25
2.6%
1.6%
Q2 25
3.4%
0.0%
Q1 25
11.8%
3.8%
Q4 24
51.1%
Q3 24
70.8%
1.8%
Q2 24
38.6%
0.7%
Q1 24
3.4%
3.5%
Cash Conversion
BOF
BOF
BTBD
BTBD
Q4 25
Q3 25
0.36×
Q2 25
6.98×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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