Buda Juice Reports Full Year Fiscal 2025 Financial Results
DALLAS--( BUSINESS WIRE)-- Buda Juice, Inc . (NYSE American: 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.
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.
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)
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 American: 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)
As of
December 31, 2025
As of
December 31, 2024
ASSETS
Current assets
Cash
$
1,840
$
1,887
Accounts receivable
386
395
Inventory
348
374
Prepaid expenses and other current assets
645
41
Total current assets
3,219
2,697
Property and equipment, net of accumulated depreciation of $2,096 and $1,850, respectively
976
969
Operating lease right-of-use asset
775
65
Total assets
$
4,970
$
3,731
LIABILITIES AND MEMBERS’ EQUITY
Current liabilities:
Accounts payable
$
289
$
449
Other current liabilities
161
58
Operating lease liability, current portion
135
68
Total current liabilities
585
575
Operating lease liability, net of current portion
647
-
Total liabilities
1,232
575
Members’ equity
Members’ equity
2,554
5,505
Accumulated income (deficit)
1,184
(2,349
)
Total equity
3,738
3,156
Total liabilities and members’ equity
$
4,970
$
3,731
Buda Juice LLC
Statements of Operations
(Amounts in Thousands, Except Per Share Data)
Years Ended December 31,
2025
2024
Net sales
$
12,609
$
11,274
Cost of goods sold
6,980
6,065
Gross profit
5,629
5,209
Operating expenses:
Delivery and handling expense
509
501
Selling, general and administrative expense
1,671
1,297
Total operating expenses
2,180
1,798
Income from operations
3,449
3,411
Other income
29
252
Interest income (expense), net
55
(89
)
Net income
$
3,533
$
3,574
Proforma earnings per common share [1]
Basic [1]
$
0.28
$
0.28
Diluted [1]
$
0.20
$
0.20
Proforma weighted average shares outstanding
Basic
10,000
10,000
Diluted
14,000
14,000
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)
December 31,
2025
December 31,
2024
Cash flows from operating activities
Net income
$
3,533
$
3,574
Adjustments to reconcile net income to net cash provided in operating activities:
Depreciation and amortization
239
274
Amortization of right to use asset
123
108
Changes in assets and liabilities:
Accounts receivable
8
(28
)
Inventories
26
34
Prepaid expenses and other current assets
(605
)
(46
)
Accounts payable and other current liabilities
(54
)
171
Payments on operating lease obligations
(120
)
(113
)
Net cash provided by operating activities
3,150
3,974
Cash flows from investing activities
Capital spending of property and equipment
(246
)
(684
)
Proceeds from sale of fixed assets
-
-
Net cash used for investing activities
(246
)
(684
)
Cash flows from financing activities
Net payments of line of credit
-
(2,010
)
Cash distributed to owners
(2,951
)
(819
)
Net cash used for financing activities
(2,951
)
(2,829
)
Net increase in cash and cash equivalents
(47
)
461
Cash and cash equivalents at beginning of year
1,887
1,426
Cash and cash equivalents at end of year
$
1,840
$
1,887
Supplemental disclosures of cash flow information:
Cash paid for interest
$
-
$
89
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
Net Income
$
1.0
$
0.7
$
3.6
$
3.5
Excluding:
Interest expense / (income), net
$
-
$
-
$
0.1
$
(0.1
)
Income tax expense
$
-
$
-
$
-
$
-
Depreciation & Amortization
$
0.1
$
-
$
0.3
$
0.2
EBITDA
$
1.0
$
0.7
$
3.9
$
3.7
Adjustments:
Insurance proceeds
$
(0.1
)
$
-
$
(0.2
)
$
-
IPO-readiness & related expenses
$
-
$
-
$
-
$
0.1
Adjusted EBITDA
$
0.9
$
0.7
$
3.7
$
3.8
Adjusted EBITDA %
33.4
%
24.8
%
33.1
%
29.8
%
*numbers may not add due to rounding
Free Cash Flow Calculation
Q424
Q425
FY24
FY25
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