Introducing Barfresh Food Group Inc.
Barfresh Food Group Inc. (NASDAQ: BRFH) is a developer, manufacturer, and distributor of ready-to-blend and ready-to-drink frozen beverages, including smoothies, shakes, and frappes. Headquartered at 3600 Wilshire Boulevard, Suite 1720 in Beverly Hills, California, the company serves the education market, foodservice operators, and restaurant chains with single-serve packs and bulk frozen concentrate. Its patented âwhirl classâ system, developed by founder and CEO Riccardo Delle Coste in 2005, enables efficient blending with fresh fruit and other natural ingredients.
Ticker | Price (09/18/2025) | Change (%) | Volume | Exchange |
---|---|---|---|---|
BRFH | $4.0386 | +38.78 | 897,655 | NASDAQ |
Corporate Structure and Leadership
Barfresh employs between 11 and 50 people at its Los Angeles-area headquarters.
Riccardo Delle Coste, CEO and founder, directs strategic development and new product launches, utilizing his experience from owning retail juice bars and working in investment banking.
Lisa Roger has served as CFO since January 2022, overseeing finance, tax strategy, and business development. Her prior roles include Executive Vice President and Controller at FreshRealm and Vice President of Accounting and Tax at Fox Factory.

Frozen beverages by Linus Mimietz
Recent Developments and News
- On August 13, 2025, Barfresh conducted its second quarter earnings call at 4:30 pm ET.
- Yahoo Finance indicates an earnings date window of August 12â18, 2025.
- As of September 18, 2025, the share price increased by 38.78% to $4.0386 on a volume of 897,655.
- The company is expanding its ready-to-drink lineup with âTwist & Goâ smoothies and âPop & Goâ ice pops, targeting opportunities in the grab-and-go category.
Financial and Strategic Analysis
For the twelve months ended June 30, 2025, Barfresh reported revenue of $10.98 million and a net loss of $3.01 million, resulting in a profit margin of -27.38%. Key metrics (as of September 18, 2025) include:
- Market Capitalization: $55.3 million
- Price/Sales (TTM): 4.03
- Price/Book (MRQ): 22.66
- Total Cash (MRQ): $0.71 million
- Total Debt/Equity (MRQ): 8.6%
- Levered Free Cash Flow (TTM): -$1.36 million
The companyâs strategy focuses on high-margin frozen beverages and streamlined on-site preparation. Its patented portion-control system is designed to reduce labor and waste, while recent product launches target the ready-to-drink segment of the market, complementing its established single-serve and bulk formats.
Market Position and Industry Context
Since 2009, frozen beverages have experienced growth within the $25 billion blended-beverage market, with smoothies identified as one of the higher gross profit segments. Barfresh operates in K-12 schools, quick-serve and full-service restaurants, hotels, hospitals, and entertainment venues. Its all-natural, gluten-free, Non-GMO, and kosher-certified products meet consumer demand for healthier and convenient options. The pre-measured format caters to both single-serving needs and high-volume dispensers.
tl;dr
As of September 18, 2025, BRFH shares closed at $4.0386, reflecting a 38.78% increase on 897,655 shares traded. On August 13, 2025, management held its Q2 earnings call, and the earnings date is projected to be between August 12â18, 2025. The company is introducing Twist & Go smoothies and Pop & Go ice pops to extend its ready-to-drink offerings, leveraging its patented portioning system in the growing frozen beverage market. Analystsâ one-year price target is $4.75.