Workflow
Food Technology
icon
Search documents
Beyond Oil to Present at The Benchmark Company’s Upcoming Discovery One-on-One Investor Conference in New York City
Globenewswire· 2025-12-02 13:30
Company Overview - Beyond Oil Ltd. is a food-tech innovation company focused on reducing health risks associated with fried food while lowering operational costs, minimizing waste, and enhancing sustainability [5] - The company has over 15 years of experience in creating solutions that mitigate health risks, improve sustainability, and reduce costs for food service companies [5] - Beyond Oil's patented technology has received regulatory clearances from the FDA and Health Canada, significantly reducing harmful compounds in frying oil [5] Health and Environmental Impact - The company's solution addresses the widespread practice of reusing frying oil, which is common in various food service settings, including restaurants, hotels, and institutions [5] - Research indicates that reused frying oil is linked to health risks such as cancer and cardiovascular diseases, and Beyond Oil's product aims to mitigate these risks [5] - Additional benefits of Beyond Oil's product include improved food quality, operational cost savings, and reduced environmental impact [5] Upcoming Events - Beyond Oil will present at The Benchmark Company's 14th Annual Discovery One-on-One Investor Conference on December 4, 2025, in New York City [1] - The conference provides a platform for emerging growth companies to engage with institutional and individual investors through one-on-one meetings [2]
Beyond Oil Reports Financial Results for the Third Quarter of 2025
Globenewswire· 2025-12-01 12:30
Core Insights - Beyond Oil Ltd. reported a significant revenue increase of 779%, rising from US$133K in Q3 2024 to US$1.2M in Q3 2025, indicating strong commercial expansion [1][5] - The company achieved a gross profit of US$550K in Q3 2025, with a gross profit margin of 47.1%, up from 39.8% in Q3 2024, reflecting improved cost efficiencies [5] - Beyond Oil's cash position strengthened to US$10.6 million as of September 30, 2025, compared to US$3.6 million at the end of 2024, bolstered by investments and warrant exercises [5] - The company is focused on building long-term partnerships and expanding its distribution network to support future growth [3][6] Financial Highlights - Revenue for Q3 2025 reached US$1.2 million, an increase from US$1.1 million in Q2 2025, showcasing ongoing commercial progress [5] - Operating expenses rose to US$2.4 million in Q3 2025 from US$0.8 million in Q3 2024, driven by strategic investments in marketing and operational capabilities [5] - The net loss improved to US$1.55 million in Q3 2025, down from US$2.7 million in Q3 2024, as finance income offset operational losses [5] Business Developments - Beyond Oil surpassed US$3 million in aggregate revenue, triggering the release of 4,882,101 milestone shares to original shareholders [7] - The company appointed Giora BarDea as VP of Global Strategy to enhance long-term planning and international partnerships [6][10] - A new supplier agreement with Sodexo Israel was established, expanding Beyond Oil's reach in the catering services sector [10]
Hap Chan, a Leading Chinese Restaurant Chain in the Philippines, Makes Repeat Order and Adopts Beyond Oil as the Standard in Their Frying Operation
Globenewswire· 2025-11-20 21:05
Core Insights - Beyond Oil Ltd. has achieved a significant commercial milestone with Hap Chan, a leading Chinese restaurant chain in the Philippines, placing a repeat order for its frying solution, indicating strong market acceptance and potential for further expansion [1][2][3] Company Overview - Beyond Oil Ltd. is a food-tech innovation company focused on reducing health risks associated with fried food, lowering operational costs, minimizing waste, and enhancing sustainability [1][4] - The company has over 15 years of experience and offers patented technology that significantly reduces harmful compounds in frying oil, addressing critical health concerns linked to reused frying oil [4] Partnership with Hap Chan - Hap Chan has adopted Beyond Oil's solution as the standard for its frying operations, leading to measurable improvements in food quality, oil lifespan, operational efficiency, and sustainability [2][3] - Since the initial adoption, Hap Chan has expanded from 80 locations to over 100 nationwide, showcasing the scalability and effectiveness of Beyond Oil's product [3] Market Impact - The partnership reflects a growing trend in the food service industry towards healthier and more sustainable frying practices, with Beyond Oil's technology providing a solution to mitigate health risks associated with reused frying oil [4] - Beyond Oil's product is positioned to address a global issue in the food industry, particularly in environments where frying oil is reused multiple times, such as restaurants and catering services [4]
Beyond Oil Receives Final Approval for Uplisting to the Toronto Stock Exchange
Globenewswire· 2025-11-06 21:05
Core Insights - Beyond Oil Ltd. has received final approval for uplisting its common shares to the Toronto Stock Exchange (TSX), with trading expected to commence on November 13, 2025 [1][2] - The company aims to enhance visibility and access to institutional capital, which will support its growth strategy and mission to set a global standard in frying operations [2] Company Overview - Beyond Oil Ltd. is a food-tech innovation company focused on reducing health risks associated with fried food, improving sustainability, and lowering operational costs [3] - The company has over 15 years of experience and has developed patented technology that significantly reduces harmful compounds in frying oil, addressing health concerns linked to reused frying oil [3] - Beyond Oil's solutions are particularly relevant in various food service settings, including restaurants, hotels, and institutions, where the reuse of frying oil is common [3] - The product is backed by extensive research highlighting its effectiveness in mitigating health risks, including links to cancer and cardiovascular diseases, while also improving food quality and reducing environmental impact [3]
CULT Food Science Closes Debt Settlement
Thenewswire· 2025-11-05 00:55
Core Insights - CULT Food Science Corp. has successfully closed a debt settlement agreement to resolve outstanding debts totaling $132,500 [1] - The company will issue 8,833,333 shares at a deemed price of $0.015 per share as part of the settlement [2] - The board of directors believes that completing the debt settlement is in the best interest of the company to preserve cash for working capital [3] Company Overview - CULT Food Science is focused on pioneering the commercialization of lab-grown meat and cellular agriculture to transform the global food industry [4] - The company's investment strategy includes acquiring equity, debt, or other securities of various entities, and providing operational and advisory support to portfolio companies [4] - The objective of the company is to reshape the global food system while enhancing long-term shareholder value through innovation and active stewardship [4]
BranchOut Launches New Crunchy Fruit Multipack for Warehouse Club Expansion
Prism Media Wire· 2025-09-30 10:32
Core Insights - BranchOut Food Inc. has launched a new Crunchy Fruit Multipack aimed at expanding its presence in warehouse clubs, featuring 18 snack-sized bags of popular fruit crisps: Crunchy Pineapple, Crunchy Strawberry, and Crunchy Banana [2][3][6] Product Launch and Strategy - The new multipack is strategically placed in a high-traffic front-of-club section dedicated to multipacks for kids' snacks, which is expected to significantly increase foot traffic and sales volume compared to existing grocery department placements [3][4] - Each fruit in the multipack has shown strong performance in larger bag formats, indicating a solid foundation for incremental sales growth in the warehouse club channel [4][6] Market Demand and Consumer Preferences - The multipack is designed to meet the demand for healthier, clean-label snacks that appeal to both parents and children, providing convenient portions suitable for school lunches [6] - The product is made with 100% real fruit and no added sugar, utilizing BranchOut's proprietary GentleDry™ technology to preserve flavor and nutrition [6][8] Future Outlook - The Crunchy Fruit Multipack is set to launch at the beginning of the year, with strong interest already expressed from multiple regions, indicating positive market reception [7]
BranchOut Launches New Crunchy Fruit Multipack for Warehouse Club Expansion
Globenewswire· 2025-09-30 10:30
Core Insights - BranchOut Food Inc. is launching a new Crunchy Fruit Multipack, which includes 18 snack-sized bags of its popular fruit crisps: Crunchy Pineapple, Crunchy Strawberry, and Crunchy Banana [1][5] - The multipack is strategically placed in a high-traffic area of warehouse clubs, targeting families and children, which could potentially double the brand's market opportunity in this channel [2][3] Product Details - Each multipack contains 6 bags each of pineapple, strawberry, and banana, made from 100% real fruit with no added sugar, utilizing the GentleDry™ technology to preserve flavor and nutrition [5] - The new product is set to launch at the beginning of the year, with strong interest already noted from various regions [6] Company Background - BranchOut Food Inc. specializes in dehydrated fruit and vegetable products, leveraging its proprietary GentleDry Technology, which preserves up to 95% of the original nutrition of fresh produce [7] - The company holds over 17 patents, establishing itself as a trusted brand and private-label supplier in the food technology sector [7]
温州乐清推出全国首个外卖后厨“AI 智能评价处置”系统,同步引入“骑手随手拍”举报机制
Xin Lang Cai Jing· 2025-09-23 03:25
Core Insights - The article discusses the launch of the "Smart Supervision Platform" in Wenzhou Leqing, which is the first intelligent evaluation and disposal system for takeout kitchens in China, utilizing AI to monitor and assess compliance in food safety [1][3] Group 1: System Features - The system integrates data from multiple sources, creating a comprehensive profile for 4,368 takeout businesses, achieving a 100% coverage rate [1] - It employs 21 indicators across 5 categories to automatically identify kitchen issues, with over 40,000 inspections conducted and an accuracy rate exceeding 95% [1] - A "Rider Reporting" mechanism has been introduced, allowing delivery personnel to report kitchen conditions, resulting in 179 feedback submissions and the publication of 4 red and black lists [1] Group 2: Regulatory Impact - The local authorities have signed a memorandum with food delivery platforms for collaborative governance, leading to the delisting of 432 problematic businesses [3] - The system provides risk pre-warning, notifying businesses 30 days in advance of expiring licenses, shifting from reactive to proactive management, which enhances the efficiency of rectifications by 50% on average [3] - Since the platform's launch in July, it has identified 96 businesses with "red codes," with an average score improvement of 31.45% and a conversion rate of 95.83%, resulting in an 81.92% decrease in the number of "red code" businesses [3]
EnWave sells 120kW dehydration machine to BranchOut Foods, expands dragon fruit licensing agreement
Proactiveinvestors NA· 2025-09-18 14:12
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
EnWave Sells 120kW Radiant Energy Vacuum Machine to BranchOut Foods, Grants Expanded Global Rights for Dragon Fruit
Globenewswire· 2025-09-18 13:00
Core Insights - EnWave Corporation has signed an Equipment Purchase Agreement with BranchOut Foods Inc. for a 120kW Radiant Energy Vacuum dehydration machine, marking the fourth large-scale REV™ machine acquired by BOF for its Peru production facility [1] - A License Amendment was also signed, granting BOF exclusive global rights to produce dragon fruit products using REV™ technology, with EnWave agreeing not to grant additional licenses for dragon fruit production as long as BOF meets minimum royalty requirements [2] Company Overview - BranchOut Foods Inc. specializes in high-quality dehydrated fruit and vegetable products using EnWave's REV™ technology, which preserves up to 95% of the original nutrition of fresh produce and is protected by over 17 patent families [3] - EnWave is a leader in vacuum microwave dehydration technology, with a robust intellectual property portfolio and a focus on providing efficient, scalable drying solutions for various industries, including food, pharmaceuticals, and cannabis [4][5] Strategic Positioning - EnWave's strategy involves signing royalty-bearing commercial licenses with food producers to enhance drying efficiency compared to traditional methods, allowing for faster moisture level optimization and improved product quality [6]