See more : SportsHero Limited (SHO.AX) Income Statement Analysis – Financial Results
Complete financial analysis of Edible Garden AG Incorporated (EDBL) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Edible Garden AG Incorporated, a leading company in the Agricultural Farm Products industry within the Consumer Defensive sector.
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Edible Garden AG Incorporated (EDBL)
About Edible Garden AG Incorporated
Edible Garden AG Incorporated and its subsidiaries operate as a controlled environment agriculture farming company. It offers various products, including individually potted, live herbs, cut single-herb clamshells, specialty herb items, various types of lettuce, hydro basil, bulk basil, and vegan protein powder. The company sells its products to various regional and national supermarkets. Edible Garden AG Incorporated was founded in 2020 and is based in Belvidere, New Jersey.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 14.05M | 11.55M | 10.51M | 9.44M | 5.63M |
| Cost of Revenue | 13.23M | 11.19M | 9.86M | 8.09M | 4.37M |
| Gross Profit | 822.00K | 364.00K | 648.00K | 1.35M | 1.27M |
| Gross Profit Ratio | 5.85% | 3.15% | 6.17% | 14.34% | 22.51% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 9.95M | 9.30M | 5.47M | 5.04M | 5.07M |
| Selling & Marketing | 60.60K | 64.09K | 136.19K | 114.71K | 222.04K |
| SG&A | 10.01M | 9.37M | 5.61M | 5.16M | 5.29M |
| Other Expenses | 0.00 | -590.00K | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 10.01M | 9.37M | 5.61M | 5.16M | 5.29M |
| Cost & Expenses | 23.24M | 20.56M | 15.47M | 13.24M | 9.66M |
| Interest Income | 0.00 | 2.03M | 617.00K | 112.00K | 0.00 |
| Interest Expense | 390.00K | 2.03M | 617.00K | 112.00K | 0.00 |
| Depreciation & Amortization | 1.58M | 1.04M | 824.00K | 772.00K | 614.00K |
| EBITDA | -8.22M | -9.38M | -4.10M | -3.09M | -3.37M |
| EBITDA Ratio | -58.49% | -83.05% | -39.39% | -32.08% | -60.51% |
| Operating Income | -9.87M | -9.00M | -4.96M | -3.80M | -4.02M |
| Operating Income Ratio | -70.28% | -77.94% | -47.24% | -40.26% | -71.41% |
| Total Other Income/Expenses | -315.00K | -3.45M | -575.00K | 88.00K | 0.00 |
| Income Before Tax | -10.19M | -12.45M | -5.54M | -3.71M | -3.99M |
| Income Before Tax Ratio | -72.52% | -107.80% | -52.71% | -39.33% | -70.78% |
| Income Tax Expense | 0.00 | 3.45M | 617.00K | 0.00 | -1.00 |
| Net Income | -10.19M | -15.90M | -6.16M | -3.71M | -3.99M |
| Net Income Ratio | -72.52% | -137.66% | -58.58% | -39.33% | -70.78% |
| EPS | -59.93 | -1.59K | -615.50 | -280.42 | -301.16 |
| EPS Diluted | -59.93 | -1.59K | -615.50 | -280.42 | -301.16 |
| Weighted Avg Shares Out | 170.00K | 10.00K | 10.00K | 13.24K | 13.24K |
| Weighted Avg Shares Out (Dil) | 170.00K | 10.00K | 10.00K | 13.24K | 13.24K |
Why Is Edible Garden (EDBL) Stock Up 91% Today?
Edible Garden (NASDAQ: EDBL ) stock is rocketing higher on Wednesday after the company announced preliminary results for the first quarter of 2024. According to Edible Garden, its produce revenues for the quarter have jumped 40% year-over-year.
Edible Garden Announces Pulp Sustainable Line of Products Now Available Through UNFI Distributors
Making Pulp's ‘Bland to Bold' products available to consumers across North America Making Pulp's ‘Bland to Bold' products available to consumers across North America
Edible Garden Begins Shipping Spring Ornamentals and Florals For Sale at Major Big Box Retailers
Higher Margin Ornamental and Floral Shipments Expected to Positively Impact Company's Overall Margins Higher Margin Ornamental and Floral Shipments Expected to Positively Impact Company's Overall Margins
Edible Garden Transitions Business to Edible Garden Heartland on Schedule; Increased Efficiency and Owned Facility Expected to Positively Impact Margins
Shifts contract-grower production in-house; now shipping to major Midwest retailers Shifts contract-grower production in-house; now shipping to major Midwest retailers
Edible Garden Announces Reverse Stock Split of the Company's Common Stock
BELVIDERE, NJ, April 02, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce and products, today announced a planned reverse...
Edible Garden AG Incorporated (EDBL) Q4 2023 Earnings Call Transcript
Edible Garden AG Incorporated (EDBL) Q4 2023 Earnings Call Transcript
Edible Garden Reports 21.6% Year-over-Year Revenue Growth for 2023
32.8% Year-Over-Year Revenue Growth for Fourth Quarter of 2023 Gross Profit Increases 125.8% in 2023 with Gross Margin Increasing by 270 Basis Points Edible Garden Secures Two New Patents in 2024 Highlighting Company's Innovation Leadership Position in AgTech; Driving Efficiency...
Edible Garden Schedules Fourth Quarter 2023 Financial Results and Business Update Conference Call
BELVIDERE, NJ, March 25, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable produce and products, announced today that it will...
Edible Garden Announces Pulp Sustainable Gourmet Sauces Now Available Through KeHE Distributors, LLC
Premier Distributor of Natural & Organic, Specialty, and Fresh Products Opens Door to More Than 31,000 Retail Locations for Pulp Premier Distributor of Natural & Organic, Specialty, and Fresh Products Opens Door to More Than 31,000 Retail Locations for Pulp
Edible Garden to Showcase Pulp Sustainable Line of Gourmet Sauces and Chili-Based Products Including Additional New Products at Natural Products EXPO WEST® 2024 in Anaheim, California, March 14th-16th
Available at Target, Whole Foods, Morton Williams, Dierbergs Markets, and Woodman's Market Recently Launched PulpFlavors.com E-Commerce Site to Make Pulp Accessible to Customers Across the Country BELVIDERE, NJ, March 07, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden”...
Source: https://incomestatements.info
Category: Stock Reports