See more : Henglin Home Furnishings Co.,Ltd (603661.SS) 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 |
Edible Garden Announces Appointment of Chanida Curnutt as Senior Vice President of Business Development and Compliance
BELVIDERE, NJ, March 05, 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 that Chanida Curnutt...
Edible Garden Announces New Grant Funding from Michigan Department of Labor and Economic Opportunity - Workforce Development Through West Michigan Works!
‘Going PRO Grant' Aimed at Training, Developing, and Retaining Current and Newly Hired Employees in Key Areas Such as Supply Chain Management, Transportation and Logistics ‘Going PRO Grant' Aimed at Training, Developing, and Retaining Current and Newly Hired Employees in...
Edible Garden to Participate in the Inaugural New Jersey Controlled Environment Agriculture (CEA) Executive Roundtable Hosted by the New Jersey Economic Development Agency (NJEDA)
BELVIDERE, NJ, Feb. 15, 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 that Scott Prendergast,...
Edible Garden Signs 3-Year Expanded Distribution Agreements with Major U.S. Food Retailer; Expected to Generate $18 - $20 Million of Revenue Over the 3-Year Term
BELVIDERE, NJ, Feb. 12, 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 that the Company...
Edible Garden Receives US Patent No. D1, 010,365 S for Self-Watering In-Store Display
Consistent with Company's Zero-Waste Inspired® Mission, Self-Watering In-Store Displays Reduce Waste and Offer Superior Products to Consumers Consistent with Company's Zero-Waste Inspired® Mission, Self-Watering In-Store Displays Reduce Waste and Offer Superior Products to Consumers
Edible Garden Announces Pulp Sustainable Gourmet Sauces Now Available at Woodman's Market
Expands Pulp Product Line of Sustainable, USDA Organic, 'Bland to Bold' Gourmet Sauces, to Wisconsin and Illinois Expands Pulp Product Line of Sustainable, USDA Organic, 'Bland to Bold' Gourmet Sauces, to Wisconsin and Illinois
Edible Garden Provides Update on Sustainability Initiatives Including Walmart's Project Gigaton
Leading the Controlled Environment Agriculture Space with Sustainable Solutions Company's Zero-Waste Inspired® Mission Targets Waste Reduction and Enhanced Supply Chain Productivity BELVIDERE, NJ, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL,...
Edible Garden Receives US Patent No. 11,830,088 B2 for GreenThumb Greenhouse Agriculture System
Marks Third Patent on Proprietary GreenThumb Web-Based Greenhouse Management and Demand Planning System Marks Third Patent on Proprietary GreenThumb Web-Based Greenhouse Management and Demand Planning System
Edible Garden Receives OSHA Grant from the Michigan Occupational Safety and Health Administration
Grant provides for purchase of safety and health-related equipment and training at the Edible Garden Heartland Facility in Grand Rapids, Michigan Grant provides for purchase of safety and health-related equipment and training at the Edible Garden Heartland Facility in Grand...
Edible Garden Achieves Over 50% Year-Over-Year Increase in Preliminary Produce Sales Results During Key Holiday Time Period
Achieves High Fulfillment Rates of 98% Commitment to Zero-Waste Inspired® Mission Fuels Growth BELVIDERE, New Jersey, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture...
Source: https://incomestatements.info
Category: Stock Reports