BRB Foods Inc. (OTC: BRBF) is a Wyoming-incorporated holding company that indirectly owns two Brazilian subsidiaries: BR Brands S.A., a food production and commercialization company, and Boni Logistica Ltda., a logistics and distribution company. The company generates revenue through the sale of food products made from grains, cereals, and related categories, historically under licensed brands including Knorr, Maizena, and Mãe Terra. As of the filing date of the 10-K (April 15, 2026), Knorr remains the only active licensed brand, with the Maizena and Mãe Terra agreements having expired in February 2026 and March 2026, respectively. The company reported no net revenue for the fiscal year ended December 31, 2025, following a strategic suspension of sales, down from $40,463 in FY2024 and $10,054,390 in FY2023. Net loss for FY2025 was approximately $1.1 million. All operations are in Brazil, leaving the company fully exposed to Brazilian macroeconomic conditions, including a benchmark interest rate of 15.00% as of December 31, 2025.

Revenue model

Transactional product sales of food items under licensed brand agreements. The company reported zero net revenue for FY2025 due to a strategic sales pause. Prior revenue of $10,054,390 (FY2023) was generated through commercialization of grain and cereal-based food products in the Brazilian market.

Products and services

Food products made from grains, cereals, and related food categories, sold under licensed brands. Active licensed brands as of the 10-K filing date include Knorr. Maizena and Mãe Terra license agreements expired in February 2026 and March 2026, respectively. Logistics and distribution services are provided through subsidiary Boni Logistica Ltda.

Customers and end markets

Brazilian consumer food market, targeting everyday household meal consumption. No specific customer concentration data or retail channel breakdown is disclosed in the filing excerpts.

Value-chain role

Integrated food platform covering product development, commercialization, and logistics coordination through two subsidiaries: BR Brands S.A. handles food production and brand management; Boni Logistica Ltda. handles logistics and distribution.

Geographic exposure

100% Brazil. All operating subsidiaries are incorporated and based in Brazil. The company is a Wyoming holding company with no revenue sources outside its Brazilian subsidiaries.

Source: SEC 10-K, filed 2026-04-15

Industry: Food and Kindred Products