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 Flow¹of $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)

	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

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)

brian@haydenir.com

Buda Juice Reports Full Year Fiscal 2025 Financial Results