See more : Aries I Acquisition Corporation (RAMMW) 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 Chief Executive Officer Discusses Food Supply Chain Issues in Appearance on Scripps News National Morning News Show, “Morning Rush” Earlier Today
BELVIDERE, NJ, Aug. 16, 2023 (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's...
Edible Garden Receives USDA Grant for Organic Certification Costs
BELVIDERE, NJ, Aug. 15, 2023 (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 AG Incorporated (EDBL) Q2 2023 Earnings Call Transcript
Edible Garden AG Incorporated (NASDAQ:EDBL ) Q2 2023 Earnings Conference Call August 10, 2023 8:00 AM ET Corporate Participants Ted Ayvas - Investor Relations Jim Kras - Chief Executive Officer Mike James - Chief Financial Officer Conference Call Participants Anthony...
Edible Garden Capitalizes on Distribution Platform with Launch of EG Direct Division
Aims to Provide Trusted Source of Partner Produce to Company's Existing 4,000+ Retail Doors Expected to Positively Impact Revenue with Minimal Expected Impact on Costs GreenThumb 2.0 Patented Software to Play Pivotal Role in Managing the Process BELVIDERE, NJ, Aug....
Edible Garden Reports Record Year-Over-Year Revenue Growth of 41.4% for Second Quarter of 2023
Prudent Use of Capital Generates Results: Gross Profit Climbs 168% High Level of Consistent Execution Key Differentiator for the Company Reaffirms Target of Positive Quarterly Cash Flow from Operations before Year-End Conference Call to Be Held Today at 8:00 AM...
Edible Garden Schedules Second Quarter 2023 Financial Results and Business Update Conference Call
BELVIDERE, NJ, Aug. 03, 2023 (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 and Walmart Strengthen Sustainability Efforts with Expanded Distribution
Adding New SKUs to Walmart's Northeast Locations; Extending Distribution Footprint in East South Central Region of U.S. Solid Order Fill Rates and Commitment to Sustainability Driving Expanded Relationship BELVIDERE, NJ, July 20, 2023 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible...
Edible Garden Introduces GreenThumb 2.0 Patented, Proprietary Greenhouse Management Software
Enhanced Tool Provides Dynamic Forecasting and Efficient Data Integration Provides Enhanced Ability to Manage Costs BELVIDERE, NJ, July 19, 2023 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment...
Edible Garden Schedules First Quarter 2023 Financial Results and Business Update Conference Call
BELVIDERE, NJ, May 09, 2023 (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 AG, Inc. (EDBL) Q4 2022 Earnings Call Transcript
Edible Garden AG, Inc. (NASDAQ:EDBL ) Q4 2022 Earnings Conference Call March 22, 2023 11:00 AM ET Company Participants Theodore Ayvas - IR James Kras - CEO, President & Chair Michael James - CFO, Treasurer, Secretary & Director Conference Call...
Source: https://incomestatements.info
Category: Stock Reports