Buda Juice Reports Full Year Fiscal 2025 Financial Results
Profitable Ultra Fresh™ Platform Delivered Double-Digit Revenue Growth, Strong Margins and Free Cash Flow in Fiscal 2025
January 2026 IPO Strengthened Balance Sheet to Support Growth Initiatives
Buda Juice, Inc. (NYSE:BUDA), $BUDA, creator and pioneer of the Ultra Fresh category in the supermarket fresh perimeter, today reported financial results for the year ended December 31, 2025.
Horatio Lonsdale-Hands, Co-Founder and Chief Executive Officer of Buda Juice, commented:
"Fiscal 2025 was an important year for Buda Juice. We delivered double-digit revenue growth, remained profitable, generated free cash flow, and completed our IPO in January 2026.
"Our business continues to be built on the strength of our Ultra Fresh platform. Through our Fresh35°™ cold chain, we produce, package, and deliver products cold, without pasteurization, HPP, or other processing.
"We entered 2026 with a stronger balance sheet and capital to invest in growth. We believe these initiatives position us well for our next phase of development."
Full Year Financial Highlights (2025 vs. 2024)
- Revenue increased 11.8% to $12.6 million compared to $11.3 million;
- Gross profit increased 8.1% to $5.6 million compared to $5.2 million;
- Operating Income of $3.4 million compared to $3.4 million;
- Net income of $3.5 million compared to $3.6 million;
- Adjusted EBITDA1 of $3.8 million;
- Free Cash Flow1 of $3.0 million.
1See GAAP to Non-GAAP reconciliations at the end of this release
Conference Call and Webcast Information
Buda Juice will host a conference call on Thursday, March 26, 2026, at 11:30 a.m. Eastern Time to discuss its financial and operational results for its fourth quarter and full year ended December 31, 2025.
Dial-in and Webcast Information
Date/Time: Thursday, March 26, 2026, at 11:30 a.m. Eastern Time
Toll-Free (North America): (800) 715-9871
Toll/International: (646) 307-1963
Conference Call ID: 7817249
Webcast Link: https://events.q4inc.com/attendee/820275899
Replay Information
Toll-Free (North America): (800) 770-2030
Toll/International: (609) 800-9909
Conference Call ID: 7817249
Expiration: Thursday, April 2, 2026, 11:59 p.m. Eastern Time
About Buda Juice
Buda Juice (NYSE:BUDA) is the creator and pioneer of the Ultra Fresh™ category through an end-to-end cold chain platform that delivers always-cold, freshly crafted juices, lemonades and wellness shots to grocery retailers. The Company provides a turnkey alternative to shelf-stable beverages and in-store juicing, enabling retailers to offer truly fresh, clean-label products without added infrastructure or operational complexity. Its continuous 35°F cold chain from fruit to shelf delivers products with an 8 to 12-day shelf life that preserves authentic taste and nutrient quality while enabling efficient retail distribution.
Buda Juice's proprietary cold-chain infrastructure enables the Company to scale the Ultra Fresh category nationally while maintaining the quality, safety and consistency required by leading grocery retailers, with a disciplined focus on profitability. Additional information about the Company can be found at https://budajuice.com.
Buda Juice LLC Balance Sheets (Amounts in Thousands) |
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As of
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As of
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ASSETS |
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Current assets |
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Cash |
|
$ |
1,840 |
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|
$ |
1,887 |
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Accounts receivable |
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386 |
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395 |
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Inventory |
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348 |
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374 |
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Prepaid expenses and other current assets |
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645 |
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41 |
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Total current assets |
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3,219 |
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2,697 |
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Property and equipment, net of accumulated depreciation of $2,096 and $1,850, respectively |
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976 |
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969 |
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Operating lease right-of-use asset |
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775 |
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65 |
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Total assets |
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$ |
4,970 |
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$ |
3,731 |
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LIABILITIES AND MEMBERS' EQUITY |
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Current liabilities: |
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Accounts payable |
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$ |
289 |
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$ |
449 |
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Other current liabilities |
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161 |
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58 |
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Operating lease liability, current portion |
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135 |
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68 |
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Total current liabilities |
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585 |
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575 |
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Operating lease liability, net of current portion |
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647 |
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- |
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Total liabilities |
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1,232 |
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575 |
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Members' equity |
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Members' equity |
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2,554 |
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5,505 |
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Accumulated income (deficit) |
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1,184 |
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(2,349 |
) |
Total equity |
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3,738 |
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3,156 |
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Total liabilities and members' equity |
$ |
4,970 |
$ |
3,731 |
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Buda Juice LLC Statements of Operations (Amounts in Thousands, Except Per Share Data) |
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Years Ended December 31, |
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2025 |
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2024 |
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Net sales |
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$ |
12,609 |
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$ |
11,274 |
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Cost of goods sold |
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6,980 |
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6,065 |
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Gross profit |
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5,629 |
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5,209 |
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Operating expenses: |
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Delivery and handling expense |
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509 |
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501 |
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Selling, general and administrative expense |
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1,671 |
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1,297 |
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Total operating expenses |
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2,180 |
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1,798 |
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Income from operations |
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3,449 |
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3,411 |
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Other income |
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29 |
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252 |
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Interest income (expense), net |
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55 |
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(89 |
) |
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Net income |
|
$ |
3,533 |
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$ |
3,574 |
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Proforma earnings per common share [1] |
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Basic [1] |
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$ |
0.28 |
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$ |
0.28 |
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Diluted [1] |
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$ |
0.20 |
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$ |
0.20 |
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Proforma weighted average shares outstanding |
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Basic |
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10,000 |
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10,000 |
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Diluted |
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14,000 |
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14,000 |
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1 |
Adjusted for proforma effect of federal corporate tax rate of twenty-one percent to reflect conversion from LLC to Inc. |
Buda Juice LLC Statements of Cash Flows (Amounts in Thousands) |
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December 31, 2025 |
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December 31, 2024 |
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Cash flows from operating activities |
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Net income |
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$ |
3,533 |
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$ |
3,574 |
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Adjustments to reconcile net income to net cash provided in operating activities: |
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Depreciation and amortization |
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|
239 |
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274 |
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Amortization of right to use asset |
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123 |
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108 |
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Changes in assets and liabilities: |
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Accounts receivable |
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8 |
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(28 |
) |
Inventories |
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26 |
|
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34 |
|
Prepaid expenses and other current assets |
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(605 |
) |
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(46 |
) |
Accounts payable and other current liabilities |
|
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(54 |
) |
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|
171 |
|
Payments on operating lease obligations |
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(120 |
) |
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(113 |
) |
Net cash provided by operating activities |
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3,150 |
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3,974 |
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Cash flows from investing activities |
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Capital spending of property and equipment |
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(246 |
) |
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(684 |
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Proceeds from sale of fixed assets |
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- |
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- |
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Net cash used for investing activities |
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(246 |
) |
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(684 |
) |
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Cash flows from financing activities |
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Net payments of line of credit |
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- |
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(2,010 |
) |
Cash distributed to owners |
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(2,951 |
) |
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|
(819 |
) |
Net cash used for financing activities |
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(2,951 |
) |
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(2,829 |
) |
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Net increase in cash and cash equivalents |
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(47 |
) |
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461 |
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Cash and cash equivalents at beginning of year |
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1,887 |
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|
1,426 |
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Cash and cash equivalents at end of year |
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$ |
1,840 |
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$ |
1,887 |
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Supplemental disclosures of cash flow information: |
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Cash paid for interest |
$ |
- |
$ |
89 |
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Non-GAAP Financial Measures
This press release includes references to Adjusted EBITDA and free cash flow, which are non-GAAP financial measures. These non-GAAP measures are provided as supplemental information to assist investors in evaluating the Company's operating performance and liquidity. They are not intended to be considered in isolation or as a substitute for GAAP measures.
Adjusted EBITDA is defined as net income before interest expense, income taxes, depreciation and amortization, and certain non-recurring or non-cash items.
Free cash flow is defined as net cash provided by operating activities less capital expenditures.
Reconciliation of Adjusted EBITDA to Net Income* |
Q424 |
Q425 |
FY24 |
FY25 |
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Net Income |
$ |
1.0 |
|
$ |
0.7 |
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$ |
3.6 |
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$ |
3.5 |
|
Excluding: |
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Interest expense / (income), net |
$ |
- |
|
$ |
- |
|
$ |
0.1 |
|
$ |
(0.1 |
) |
Income tax expense |
$ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
Depreciation & Amortization |
$ |
0.1 |
|
$ |
- |
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$ |
0.3 |
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$ |
0.2 |
|
EBITDA |
$ |
1.0 |
|
$ |
0.7 |
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$ |
3.9 |
|
$ |
3.7 |
|
Adjustments: |
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Insurance proceeds |
$ |
(0.1 |
) |
$ |
- |
|
$ |
(0.2 |
) |
$ |
- |
|
IPO-readiness & related expenses |
$ |
- |
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$ |
- |
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$ |
- |
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$ |
0.1 |
|
Adjusted EBITDA |
$ |
0.9 |
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$ |
0.7 |
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$ |
3.7 |
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$ |
3.8 |
|
Adjusted EBITDA % |
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33.4 |
% |
|
24.8 |
% |
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33.1 |
% |
|
29.8 |
% |
*numbers may not add due to rounding |
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Free Cash Flow Calculation |
Q424 |
Q425 |
FY24 |
FY25 |
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Cash Flow from Operations |
$ |
1.4 |
|
$ |
0.6 |
|
$ |
4.0 |
|
$ |
3.3 |
|
Capital Expenditures |
$ |
(0.1 |
) |
$ |
(0.1 |
) |
$ |
(0.7 |
) |
$ |
(0.3 |
) |
Free Cash Flow |
$ |
1.3 |
|
$ |
0.5 |
|
$ |
3.3 |
|
$ |
3.0 |
|
View source version on businesswire.com: https://www.businesswire.com/news/home/20260326152163/en/
Buda Juice Investor/Press Contact
Brian S. Siegel, IRC®, M.B.A.
Senior Managing Director
Hayden IR – Chicago
(346) 396-8696 (o)
[email protected]