Edible Garden AG Incorporated (EDBL)

NASDAQ: EDBL · Real-Time Price · USD
0.238
+0.092 (63.48%)
At close: Dec 20, 2024, 4:00 PM
0.354
+0.116 (48.72%)
After-hours: Dec 20, 2024, 7:59 PM EST
63.48%
Market Cap 4.49M
Revenue (ttm) 14.07M
Net Income (ttm) -12.21M
Shares Out 18.91M
EPS (ttm) -9.13
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 342,317,392
Open 0.145
Previous Close 0.145
Day's Range 0.142 - 0.467
52-Week Range 0.122 - 12.470
Beta 2.09
Analysts n/a
Price Target n/a
Earnings Date Nov 13, 2024

About EDBL

Edible Garden AG Incorporated, together with its subsidiaries, operate as a controlled environment agriculture farming company. It offers various packaged products, including cilantro, rosemary, mint, thyme, oregano, bay leaves, chives, poultry mix, sage, dill, buttercrunch living lettuce, basil, living butterhead lettuce, basil, parsley, arugula spring mix, baby arugula blend, baby romaine, and crisp ranch and Caesar salad kits. The company sells its products to various regional and national supermarkets. Edible Garden AG Incorporated was foun... [Read more]

Industry Farm Products
IPO Date May 5, 2022
Employees 124
Stock Exchange NASDAQ
Ticker Symbol EDBL
Full Company Profile

Financial Performance

In 2023, Edible Garden AG's revenue was $14.05 million, an increase of 21.62% compared to the previous year's $11.55 million. Losses were -$10.19 million, -18.19% less than in 2022.

Financial Statements

News

Edible Garden Preliminary Sales Results During Key Thanksgiving Time Period Surge 51% in 2024

Exceeded Company's Expectations, Demonstrates Value Delivered to Customers Record Sales Fueled by Increased Focus on Core Strengths and Industry-Leading Fulfillment Rates BELVIDERE, NJ, Dec. 19, 2024 ...

2 days ago - GlobeNewsWire

Edible Garden to Showcase USDA Organic Produce and Sustainable Initiatives at 2024 New York Produce Show and Conference, December 11, 2024

Company Will Introduce its Pickle Party - Kosher, Non-GMO, Product Line Company Will Introduce its Pickle Party - Kosher, Non-GMO, Product Line

10 days ago - GlobeNewsWire

Edible Garden Drives Distribution of USDA Organic Herbs at Additional Key Food, City Supermarket and Lincoln Market Locations in NY Metropolitan Area

BELVIDERE, NJ, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally g...

11 days ago - GlobeNewsWire

Dario Pressimone Joins Edible Garden as Vice President of Digital and E-Commerce

20-year digital marketing veteran brings proven expertise to drive growth and innovation through strategic digital initiatives 20-year digital marketing veteran brings proven expertise to drive growth...

4 weeks ago - GlobeNewsWire

Edible Garden AG Incorporated (EDBL) Q3 2024 Earnings Call Transcript

Edible Garden AG Incorporated (NASDAQ:EDBL) Q3 2024 Earnings Conference Call November 13, 2024 8:00 AM ET Company Participants Ted Ayvas - Crescendo Communications, IR Jim Kras - Chief Executive Offi...

5 weeks ago - Seeking Alpha

Edible Garden Reports a 324% Year-Over-Year Increase in Gross Profit for Nine-Month Period Ending September 2024

Healthy Core Business Operations - Year-to-Date Cut Herbs Sales Up 55% and Pulp Sales Up; Momentum Expected to Continue into 2025

5 weeks ago - GlobeNewsWire

Edible Garden Receives USDA Grants to Support Organic Certification Research & Development at Belvidere, New Jersey, and Grand Rapids Michigan Facilities

Company's Zero-Waste Inspired® mission aligns with USDA organic certification goals Company's Zero-Waste Inspired® mission aligns with USDA organic certification goals

2 months ago - GlobeNewsWire

Edible Garden Hosts ‘Pickle Party' at the 2024 Global Produce & Floral Show at the Georgia World Congress Center in Atlanta, Georgia, October 18th – 19th

Company to introduce sustainably focused, kosher, Non-GMO Pickle Party product line; leading the way in the fresh condiments category with cleaner and better-for-you ingredients Company to introduce s...

2 months ago - GlobeNewsWire

Edible Garden Regains Compliance with Nasdaq Continued Listing Requirements

BELVIDERE, NJ, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally g...

2 months ago - GlobeNewsWire

Edible Garden's USDA Organic Herb Line Now Shipping to H Mart Stores

Enhances current H Mart distribution by incorporating the Southeast region; underscores a shared commitment to delivering quality, sustainability, and the freshest products Enhances current H Mart dis...

2 months ago - GlobeNewsWire

Edible Garden Announces Closing of $5.65 Million Public Offering

BELVIDERE, N.J., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locall...

2 months ago - GlobeNewsWire

Edible Garden Announces Pricing of $5.65 Million Public Offering

BELVIDERE, N.J., Sept. 27, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locall...

3 months ago - GlobeNewsWire

Edible Garden USDA Organic Herb Product Line Now Available at Green's Natural Foods and The Extra Supermarket Locations

BELVIDERE, NJ, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally ...

3 months ago - GlobeNewsWire

Edible Garden to Showcase Kick Sports Nutrition Product Line at ECRM's Vitamin, Weight Management & Sports Nutrition Session at the PGA National Resort & Spa, Palm Beach Gardens September 8th - September 11th

BELVIDERE, NJ, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally ...

3 months ago - GlobeNewsWire

Edible Garden AG Incorporated (EDBL) Q2 2024 Earnings Call Transcript

Edible Garden AG Incorporated (NASDAQ:EDBL) Q2 2024 Earnings Conference Call August 14, 2024 8:00 AM ET Company Participants Ted Ayvas - Investor Relations James Kras - Chief Executive Officer Kostas...

4 months ago - Seeking Alpha

Edible Garden Reports Preliminary 30% Year-over-Year Sales Growth in Vitamins and Supplements for the Second Quarter of 2024

Plans to Develop More Cutting-Edge Formulas and Creative Flavors through Partnership with Nutracom Plans to Develop More Cutting-Edge Formulas and Creative Flavors through Partnership with Nutracom

5 months ago - GlobeNewsWire

Edible Garden Products Now Available at Seasons Kosher and New Lincoln Market Locations

Aligns with the Company's mission to offer locally grown produce and promote smaller local stores Aligns with the Company's mission to offer locally grown produce and promote smaller local stores

5 months ago - GlobeNewsWire

Edible Garden Achieves Over 44% Year-Over-Year Increase in Preliminary Overall Produce Sales Results During Key July 4th Time Period

High Fulfillment Rate During the Period, 99%, and Reduced Dependence on Third-Party Growers Keys to Success High Fulfillment Rate During the Period, 99%, and Reduced Dependence on Third-Party Growers ...

5 months ago - GlobeNewsWire

Edible Garden, ‘The Flavor Maker,' Transforming the Fresh Condiments Product Category with Pulp Flavors Line of USDA Organic, Fermented & Sustainable Gourmet Sauces and Chili-Based Products

Experience the innovative flavors of Pulp yourself at Booth #117 at the 2024 Organic Produce Summit today at the Monterey Conference Center Experience the innovative flavors of Pulp yourself at Booth ...

5 months ago - GlobeNewsWire

Edible Garden Institutes Comprehensive Training Program with Abilities of Northwest Jersey Inc.

Company reaffirms commitment to community involvement, local investment, and leadership in ESG and sustainability initiatives Company reaffirms commitment to community involvement, local investment, a...

6 months ago - GlobeNewsWire

Edible Garden Introduces Integrated Rack Program with Hemingways

Designed to offer retail partners an improved and more efficient way to display the Company's herbs Designed to offer retail partners an improved and more efficient way to display the Company's herbs

6 months ago - GlobeNewsWire

Edible Garden Full Product Line Now Available at All Brooklyn Fare New York City Locations

BELVIDERE, NJ, June 03, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally g...

7 months ago - GlobeNewsWire

Edible Garden Achieves High Scores in PrimusGFS Food Safety Audit; Reinforces Company's Leadership Role in Food Safety

Further validates Edible Garden's Zero-Waste Inspired® mission to deliver safe & sustainably grown produce to its customers

7 months ago - GlobeNewsWire

Edible Garden Completes Phase Two of Packhouse Buildout at Company's Flagship Belvidere NJ Facility

Packhouse adds Processing and Warehousing Capabilities to Facility; Expected to Expand Company's Capacity State-of-the-Art GreenThumb Technology to be Integrated at Facility; Expected to Increase Prod...

7 months ago - GlobeNewsWire

Edible Garden Announces Pricing of $6.0 Million Public Offering

BELVIDERE, NJ, May 22, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally gr...

7 months ago - GlobeNewsWire